how to tell the revenue of a shopify store

hey what's up guys its online mine 24/7,and today we're gonna be talking about,how to find successful Shopify stores,and copy them so today we're gonna be,going through a website you can utilize,to look and find the top-selling stores,on Shopify so in a second here I'm gonna,hop over that website and we will get,started are you guys we're on the,website the website is called,my IP dot m/s everything will be linked,down in the description as well so you,can go ahead and easily find these sites,for yourself and so my IP dot ms this is,the website you go ahead click that link,type that in and then what you're gonna,also need is this code right here so,this is the IP address of Shopify Inc,the actual Shopify location in Canada in,Ottawa that is whether or not Ottawa,Ontario,well it's Ottawa Ontario that's the,place that they're located in so you're,gonna need their IP address their IP,address is 23.2 27.3 8.0 so once you,have that copied you're gonna just paste,that in here at the top for the search,bar this is going to essentially take,you straight to their IP address and so,as you can see this is their location,Shopify is the IP own or Shopify Inc and,now what we're gonna do then is click on,other site other sites on IP right here,this button and that is going to take us,to the list of all of the top stores on,the Shopify IP address so as you can see,here they're listed from number one all,the way to 51,000 is on here on their,website so they have tons and tons of,stores obviously so first off just,looking at the top 15 the first ones,colour-pop then fashion Nova all birds,Jim shark I'm sure a lot of these you,guys are probably recognizing then it's,the the P Hut the PI Hut jeffree star,cosmetics then you have movement watches,shop logan paul fifty fifty bottles MN l,ml King ice city social maverick by,Logan Paul shop KC nice tat,red dress boutique bow but just going,through these you can see that like,three or four of them are just youtuber,shops you know like a lot of these are,people influencers that are selling,their own products and they're like the,top Shopify stores but even above that,you know you have color pop and,Jenova then you have Jim shark so,fitness and beauty are definitely some,of the top things as well as influencer,brands as you could see with like Logan,Paul won or them or the Maverick so the,Maverick merch or the shop logan paul,comm or even the kc nice that one down,here at the bottom so as you can see,these are the top Shopify stores and on,here you can then see what they're doing,and what might be successful so if we,look at the number one site on Shopify,colour-pop so we could just click this,go to website button and it brings up,this pop up here with the actual web,site so you can utilize the types of,things that they are doing that makes,them a good store so as you can see they,have an email pop-up with a $5 off thing,for putting in your email address and,you can see the certain types of tactics,that the top stores are utilizing so as,you can see color pop definitely you can,see why there's such a great stories,because they're utilizing that beauty,niche and they're selling products that,people really want for a very cheap,price in comparison to other brands,might sell them for higher prices so you,can see how they're doing their store,you can look at their layouts and just,their overall what they're doing on,their store another thing you can also,do which I'll have that down in the,description box as well is you can if,some sites it's not easy to actually,access their bestseller list like it is,on colour-pop and you're gonna have to,copy and paste in the collection slash,best sellers so you can see all you have,to do is copy in that and it'll take you,to their bestseller list so if we go,ahead and copy this over here to another,tab so you can go ahead and paste this,in it's a collection slash all question,marks sort by best selling that will be,down in the description box as well if,you do want to utilize this where you,can sort it by best selling and then it,will sort the website because like I,said not every website is as easy to,find the bestseller list like colour-pop,some sites have it more or less hidden,so you can't see their bestsellers but,as you can see their bestsellers are,this shadow palette this I set and this,other powder shadow so you can just look,through and see what are some of the,best sellers on their site now obviously,color,is like the number one sight it's very,hard to try and replicate what they're,doing so you can actually look up stores,within a specific niche as well so not,only can you just look up the top 15,stores and see what they're doing and,what what why they're succeeding what,are some of the tactics they're using,and if you come down here to the right,on the view all records you can actually,see all the stores you know not just the,top 15 it will list them all out now if,you're looking for a specific niche say,for example you're in the dog niche you,could just type in dog into the title to,find all the different types of dog,websites this would work also for the,beauty niche for any niche you know even,even the soccer you know you type soccer,into the there you're gonna find a bunch,of different soccer stores that have,that in their name so as you can see,East Coast soccer shop you have TNT,soccer shop Pele soccer soccer store,online so you can see all the different,stores that have that in their URL and,it's and you know most stores that are,selling a certain type of product are,gonna have the name in their URL and so,you be able to find those sores within,your niche so so say for example we were,doing dog niche okay you could just go,ahead and search that on here like I,said all you had to do to find this page,was just click on the view all button at,the bottom right on the first page and,so you can find like bird dogs you have,spotted dog company baked for your dogs,so let's go ahead and click on one of,these let's go on dog paw Polycom as you,can see they have two thousand nine,hundred and eighty visitors per day now,if they were even just to convert five,percent of those people you know you can,see how some of these stores are making,quite a bit of money okay,on this list because they're the top the,top visited stores through this tracker,here so if they had two thousand nine,hundred and eighty visitors okay let's,pull up the calculator they had two,thousand nine hundred and eighty,visitors and they converted let's just,say five percent of those people and,this is per day right so one hundred and,forty nine let's say they made twenty,dollars per hour per cart that's two,thousand nine hundred and eighty dollars,per per day right I know it's the exact,is the,but you know you $20 5% of that times 20,and then you multiply that by seven for,seven days a week you know that's,$20,000 a week right there,but if they make $20 a perv it per five,percent of the visitors or maybe even if,they did if they did more than that,maybe they made $30 per visitor okay,say for example they're a higher-end,brand right 2,980,and then we multiply that by point zero,five so five percent and then we,multiply that number 149 converted,people so five percent of that times $30,four thousand four hundred and seventy,dollars a day okay times seven it's a,lot of money all right that's just per,per week and if we multiply that by four,per month it's one hundred twenty-five,thousand dollars a month if they're,converting that many people okay now,obviously they may not be converting,that many people they might be getting a,lot of non conversion but still that's,crazy for them on it you know the amount,of visitors they have so let's actually,go to their website so we're gonna go to,the website dog Polycom here as you can,see it pulls up dog lovers apparel and,jewelry says you'd see they sell a bunch,of different products here and a lot of,these products you could easily find,these on Aliexpress these are straight,up drop shipped products it's just that,they have quite a large brand I'm,imagine their Instagram page is quite,built up and only 2,000 they're probably,doing mostly Facebook ads then because,their Instagram only has 2,000 people,but they're getting a lot of visitors so,that means that they are definitely,doing something with their Facebook ads,to get all of those visitors let's check,out their Facebook page so you can see,what you can do yeah they have a much,bigger Facebook page so you can see,their strategy is pretty much mostly and,all focused around Facebook ads because,the regular Facebook post you know,Facebook posts naturally don't get a lot,of views unless it gets shared a lot so,they're gonna be running certain ones of,these on PPE ads so you can see that,these are pretty much straight up just a,drop shipping store and they're focusing,along Facebook ads I mean they have two,hundred and fifteen thousand people,liking the page and a lot of people,messaging the business that means,they're asking about products and stuff,like that so you can see the magnet,some of these stores some of the most,successful stores are doing and try and,utilize some of their same tactics for,your own stores depending on the niche,they are in you could even be looking at,their store just to try and find what,kind of products that are top-selling on,their stores as well so you know if we,go to the dog potty comm website on,Google over here if we go to the dog,potty and then we go ahead and type in,the collections /all to sort by,best-selling then we can see what their,top-selling products are so as you can,see the glow-in-the-dark LED safety,collar is their top-selling product on,their entire store for their dog niche,page this is probably due to you know a,lot of people are afraid of their dogs,getting hit by a car so they want to,make sure that they have that LED color,to keep them from you know getting,injured or anything like that cars can,see them at night it's very helpful it's,almost like you know a person riding a,bike that's why they have those like,lights on their bike or reflective,things so you get your dog something,reflective and bright so they can be,seen so that's just some tactics you can,utilize from these stores you know this,is just one store that I'm looking at,off of this list there's a ton of,different stores you can find for pretty,much any niche on this my IP website,because you can look at every single,Shopify store so if you guys have not,actually started your Shopify stores yet,I do have a 14-day free trial link down,the description box below if you want to,support the channel you go ahead and,click that link down in the description,box and if you have not subscribed to,the chillin yet what deck you doing hit,that dang subscribe button in the,notification belt as well so you get,notified for future videos uploads and,all that good stuff,leave a like leave a comment down below,if you have any questions comments,concerns but anyway guys that's all for,today's video so I will see you in the,next one peace out

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