E-Commerce and Online Platform are very popular terms nowadays. E-Commerce means selling products or buying the products via the Internet.
Gumroad vs Shopify
The difference between Gumroad and Shopify is that Gumroad provides a platform for all the creators and artists who want to sell their products by earning money. While Shopify is a platform for retailers and shopkeepers who can sell their products to customers and company provide them with security, paying options etc. Gumroad was started in the year 2011 by Sachin Khanna and Sahil Lavingia. Whereas Shopify was started in the year 2006 by Tobias Lutke.
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Gumroad is a company that is known for digital distribution, self-publishing etc. Its motive is to provide facilities to all the creators, artists, writers etc., a platform to sell their products.
Shopify is a multinational company based in Ottawa, Canada. It is an e-commerce company that sells its product globally.
Comparison Table
| Parameters of Comparison | Gumroad | Shopify |
|---|---|---|
| Founder | It was founded by Sahil Lavingia in 2011. | It was founded by Tobias Lutke in 2006. |
| Headquarters | It is situated in San Francisco, USA. | It is situated in Ottawa, Canada. |
| Industry | It deals with music, films, digital distribution, self-publishing, and e-commerce. | It is an e-commerce industry. |
| Revenue | It has a revenue of almost $9.2 million. | It has a revenue of almost $2.93 billion. |
| No. of Employees | It has just 33 employees in the company. | It has 7000+ employees in the company. |
What is Gumroad?
Gumroad was designed and created in only 1 week by its founder Sahil Lavingia.
The idea of making a company like Gumroad come to Sahil’s mind when he saw that back in 2010-11, there was no medium or platform through which any single creator, artists, designers, authors etc., could sell their products easily and conveniently.
Gumroad uses the technique of plug-and-play, which means that it is a single computer bus without any physical configuration which offers file hosting and delivery, payment processing, communications tools and consumption experiences, marketing for a variety of services.
They are Bon Jovi, Eminem, Garth Brooks, Girl Talk, Ryan Leslie, Sara Bareilles, Wiz Khalifa, David Banner, and Sam Hyde. Publishing Books is one of the largest fortes of Gumroad.
It is a very small company with only 33 employees. But they try to cater needs of every customer. Gumroad’s support system is very good.
What is Shopify?
Shopify was earlier started as an online store for selling snowboarding equipment under the name SnowDevil. Then, Tobias Lutke, its founder, changed its name to Shopify in June 2006.
In 2010, they launched their mobile application on the app store, which allowed sellers, store owners to keep an eye on and manage them. Shopify became one of the fastest-growing company in Canada.
Shopify runs globally, expanding its root to 175 countries. It has 1.58 million websites running on Shopify platforms. It has more than 7000 employees.
Main Differences Between Gumroad and Shopify
- Gumroad has a revenue of almost $9.2 million and is a small company. Shopify has a revenue of almost $2.93 billion and fastest-growing company.
- Gumroad has just 33 employees in the company and focuses on every client. Shopify has 7000+ employees in the company and works in about 175 countries.
- https://link.springer.com/chapter/10.1007/978-1-4842-2829-6_5
- https://link.springer.com/chapter/10.1007/978-1-4842-2829-6_7
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Sandeep Bhandari holds a Bachelor of Engineering in Computers from Thapar University (2006). He has 20 years of experience in the technology field. He has a keen interest in various technical fields, including database systems, computer networks, and programming. You can read more about him on his bio page.
