Post by
Bertanderson on Jan 05, 2023 3:17pm
Why You Should Sell Shopify!
Shopify is a great platform for ecommerce businesses, but there are some big problems that users face. One of the biggest problems is the high transaction fees. Shopify charges 2% for every transaction, which can really add up, especially for businesses that have a lot of sales. This will need to be reduced which will be disasterous for Shopify which still doesn't make any money.
If you violate Shopify's terms of service, your store could be shut down. Additionally, if you are using a Shopify theme or app that violates copyright laws, your store could be subject to legal action and could be shut down as a result.
Shopify remains significantly overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of SHOP, demonstrate it will underperform the market.