Exchange – a new marketplace for buying e-commerce websites has been launched by Shopify, which will help merchants sell their businesses easier.
To use this marketplace, sellers just need to download the Exchange app on their store and then Shopify will create screenshots and suggest a selling price based on traffic and revenue automatically. Buying and selling on Exchange marketplace are totally free. Sellers don’t have to pay anything when trading on this marketplace.
For prospective buyers, they are provided revenue and traffic data by Shopify. The sellers cannot edit these revenue and data. In addition, Shopify also anonymously communicate with sellers. Buyers can negotiate to acquire the best business including design assets and social accounts.