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GoDaddy & Shopify Jump as Wix Drops

It's no surprise to us here at TNW Creations that GoDaddy and Shopify are leading the march on Website Solutions and Wix is dropping.

 

As web developers, we actually see the changes firsthand as client requests changes or customers become frustrated with a platform.

Article by Daniel Sparks - GoDaddy Stock jumped August 2020

Today, GoDaddy shares drove upwards of 4% and caught our attention. 

We were already aware of the sharp change in trend from Wix to WordPress and since WP comprises a large number of websites on GoDaddy Servers - that really makes a lot of sense.  

Seeing what we already knew in numbers on the Stockmarket was pretty satisfying. What can I say, the Boss loves being right.

Wix Plunging 10% as earnings fall

WIX - Wix.com Ltd. reportedly plunging 10% as earnings fell far below expectations.

Wix.Com NasdaqGS down

A snapshot for Wix, GoDaddy and Shopify on Google Finance from August 5th, 2020

Wix.Com Nasdaq down 5.32%
GoDaddy Nasdaq down 1.42%
Shopify Nasdaq down 3.22%

Shopify has been trending upwards for ecommerce solutions. As Partner Developers for Wix and Shopify, we agree there are more options for clients at Shopify than Wix. However, we actually prefer Ecwid for developers creating ecommerce stores or GoDaddy for DIYers making their own online stores. 

Shopify tripled compared to Wix

Anyone who invests knows that stocks change. What's hot now, might be cold later. And the same goes for technology. That's why we like to stay up on what is working. 

TNW Creations™️and Brand Tawaci Media™️is a Web Development & Media Publishing Agency headquartered in Austin, Texas. Web Development, cybersecurity, design, clean energy web host, digital marketing.

I am a software engineer, artist and voice actress. As a child, I became part of the grassroots development for teaching my Lakhota language online. When I'm not developing and creating, you'll find me motivating a community of Indie Game Developers, play testing new games on Twitch and YouTube, developing video content, voice acting for games, acting as cultural consultant for Native vibe games, investigating and initating hostile website takedowns, and enjoying time with my family.