How much does Shopify take per sale?
Shopify is a popular e-commerce platform that provides businesses with the tools and features they need to sell products online. One of the questions that many businesses have when using Shopify is how much they will be charged per sale. In this article, we will discuss the fees associated with selling products on Shopify, and how they can impact your business’s bottom line.
- Monthly Subscription Fee: Shopify charges a monthly subscription fee for access to its platform and all of its features. There are three main plans to choose from, with the Basic Shopify plan starting at $29 per month, the Shopify plan starting at $79 per month, and the Advanced Shopify plan starting at $299 per month. The monthly subscription fee will depend on the plan you choose, and the features and tools you need for your business.
- Transaction Fees: Shopify also charges a transaction fee for each sale made through its platform. This fee is based on the payment processor you choose, and ranges from 0% to 2%. For example, if you use Shopify Payments, which is Shopify’s in-house payment processor, there is no transaction fee. However, if you use a third-party payment processor like PayPal or Stripe, there will be a transaction fee. This fee can add up over time, and it is important to factor it into your pricing and margins when selling products on Shopify.
- Payment Processing Fees: In addition to the transaction fee, there are also payment processing fees that are associated with each sale. These fees vary depending on the payment processor you choose, and can range from 2.9% + $0.30 per transaction for Shopify Payments, to 2.9% + $0.30 per transaction for Stripe, to 2.9% + $0.30 per transaction for PayPal. These fees can also add up over time, and it is important to factor them into your pricing and margins when selling products on Shopify.
- Shipping and Tax Fees: Finally, there may also be shipping and tax fees associated with each sale. Shipping fees vary depending on the carrier you choose, and the weight and size of the product you are shipping. Tax fees will depend on your local laws and regulations, and can vary based on the product you are selling and the location of your business and your customer.
It is important to note that while the fees associated with selling products on Shopify can add up, they are typically lower than the fees associated with other e-commerce platforms. Additionally, Shopify provides businesses with a range of tools and features that can help offset these fees, including marketing and SEO tools, as well as integrations with popular payment processors and shipping carriers.
In conclusion, the amount Shopify takes per sale will depend on several factors, including the monthly subscription fee, the transaction fee, the payment processing fee, and the shipping and tax fees. These fees can add up over time, and it is important to factor them into your pricing and margins when selling products on Shopify. However, Shopify’s low fees and extensive range of features and tools make it a popular choice for businesses looking to sell products online
