1. E-commerce is growing exponentially with more than 2.14 billion global shoppers.
  2. Online stores and trading has increased more than 13% since 2019.
  3. Shopfiy is dominating e-commerce trading with a 10.98% market cap.
  4. GoDaddy and Wix are making it easier for entrepreneurs to open and operate and online store.

E-commerce has been dominating global economic markets since the end of 2019, as online shoppers have been increasing year after year. It’s estimated that by the end of 2021, more than 2 billion people will be shopping online. That’s roughly 27.2% of the global population. Online shopping has been soaring in recent years, and although global lockdowns have largely contributed to the increase - it’s now clear that the future of business will be online.

Online shopping and e-commerce trade has already increased more than 13% from 2019 and will keep doing so in the future. As new entrepreneurs enter the market with innovative business ideas and products e-commerce is becoming more and more competitive. As billions of shoppers browse through millions of online stores each day, e-commerce has become synonymous with website-building platforms.

Although there are thousands of great website-building platforms to pick and choose from, you must make use of one that fits your business needs. With unlimited possibilities, it’s not easy to choose, so we made it simple. Here’s a look at the three most popular choices for online stores, and new e-commerce platforms for young entrepreneurs.

Shopify

In recent years, Shopify has become one of the largest e-commerce platforms globally. Dominating more than 10% of the global market, with WooCommerce having 28%, Shopify has shown an average 47% revenue increase year after year. It’s become one of the most popular e-commerce platforms for medium-sized businesses, offering low subscription fees, and other attractive offerings.

A simple Shopify plan starts around $9 per month and can offer you some free tools and accessories to get your business running. More expensive plans can range from $25 to more than $100 per month and offer a host of great business features. Shopify not only offers design tools, and website elements but it gives you access to other features such as business marketing tools, free educational resources, and a host of great apps that can easily be integrated into your online store.

GoDaddy

Simple, easy to use, and affordable - these are only a few of the descriptions that come to mind when talking about GoDaddy. In recent years, GoDaddy has seen an influx of users, as it offers some of the easiest setups for new e-commerce stores. More so, it has affordable pricing plans and structures that fit just about any business budget. Although it only has one e-commerce plan, which is roughly $30 per month, be aware that this price might increase by a third in the following year. You’re much better off subscribing and paying a full years' subscription fee upfront to help save you a few extra dollars.

GoDaddy has easy drag and drop design elements, has some of the best customer support, and new sellers can have their online store trading in a few minutes. Even more, there are no transaction fees allocated to any purchases made in your store, and you can make use of third-party integration. This means you’ll be able to sell your products on other sites such as Etsy, Amazon, or eBay. GoDaddy is a great choice for any beginner but lacks the freedom to design and format your shop the way you want it to be. It’s an example of ‘you get what you pay for.’

WIX

Like Shopify or WooCommerce - WIX is quickly heading to become one of the top three most used e-commerce platforms in the world. It’s one of the most popular choices for bloggers, or journalists, but in recent years it’s developed a strong e-commerce presence and support system for entrepreneurs and other small to medium-sized businesses.

Whether you ask for it or not, WIX gives you a lot of design freedom, a little too much sometimes. With dedicated online support and an attractive pricing structure, with prices starting at $23 per month for a basic plan - you will find that WIX is one of the simplest business platforms to use. What You See Is What You Get, meaning that what you pay for, and what you design is what you will get, over and over again.

WIX great business tools, and elements that can help boost your online presence and make it a lot easier for customers to navigate around your store. WIX is simple, yet complex to give a young entrepreneur exactly what they’re looking for. Perhaps give this WIX Review a read for a more detailed understanding. Also consider this resource to understand how competitive digital marketing has become for the ecommerce sector.

Final Take

So between these three which is the best choice? Unfortunately, that’s not a question we can directly answer, as your business needs will depend on which of these three platforms you’ll be making use of. Shopify, GoDaddy, and Wix all offer something unique and different for every business owner, it all depends on how successful you would like your business to become, and which of these will help you the most to accomplish it. Be sure to read online reviews, and do proper research before making a final decision. After all, your business needs a strong and reliable online platform.