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Published on: January 27 2023 by pipiads

How to Offer Subscriptions on Your Shopify Store

hey guys, it's the ecom bull here, and today i'm going to show you how to offer subscriptions on your shopify store. we will be adding a product that customers can subscribe to on a monthly or weekly basis. but first let me tell you the advantages of a subscription business model and why you should consider it. no matter what you're selling, the most obvious reason to have a subscription business model is that you can accurately predict how much revenue your business will regenerate the following month. you will also be able to antikipate future demand and produce or order products based on guaranteed sales that you will get from your subscriptions. pretty much all of the big companies rely on subscriptions for continuous growth, and small companies should too. but ecombol subscriptions is not a native feature of shopify. you need a huge development team to be able to do this. my friend, is actually easier than you think. well, show me how, then of course, i will. that's what i'm here for. let's get started to have a subscription business model and offer subscription boxes and have recurring payments. you're gonna need an app, and the app that i like is the app still subscriptions and loyalty, and i like it for a few reasons. let me show you, first of all, and the most important thing, it has zero percent transaction fees. a lot of other apps they get a cut of every sale that you make and i don't like that business model. it's just bad for growth. and also the good thing is that it is free until you have at least dollars in monthly subscription sales. then after that you just pay twenty dollars per month and you have up to ten thousand monthly subscription sales. so i think it's very well priced, especially because of all the features that it has, and i'm gonna leave a link in the description so that you can download it directly. but let's go and see the back end of the app, alright, so here is where you will handle all of your subscriptions, where you will see your analytiks, where you will see your customers- you know the ones that are active, the ones that are paying every month- and the orders get imported to shopify and you just see them as a regular order. so you know you can just ship it seamlessly. and very cool that this has is the when you go to shop settings, you can add just so many things and also you can integrate it to your theme, so you will get the colors, they will get the layout, the format, so it will look super native. and now let's create a product so we can offer it as a subscription. so we're gonna go to products and add products and you're gonna add a product just like you normally do: just add the title at the description, add a few images at the options. if it has some different variations like size or colors, let's add some images to this variance, really quickly, add images, and it would be like that. all right. and now let's view the product. all right, so the product is right here. we got the images, the description. the customer will be able to select the size and add it to the card, just as normal. but now we're gonna add the subscription option. so let's go to the app store app and let's look for manage plans inside the subscription plans. you're gonna click on subscription plans and create your first subscription plan. let's give this plan a name and now we're gonna select the products that will have this subscription plan. so let's look for the product that we just added and it will be this one right here. so we'll select all of the variations and click on add. so now we have it here. we have the product and now we have to choose the frequency, so monthly, bi-weekly, daily, if you want. you know, let's first do the monthly and let's choose the pay as you go plan, and basically the difference between the plans is that the pay as you go, they charge them immediately, all right. and then you also have prepaid one-time plan where a customer will pay for a few deliveries, right, so multiple periods of future orders at the same time. so just at the beginning. but what happens with the prepaid one-time plan? that it doesn't automatikally renew. but you also have prepaid auto renew which will allow you, for example, to charge the customer for three months and after the three months you will charge them for three more months. but we're gonna go for the standard pay as you go. now for the frequency plan description. this is what your customers will actually see on the product page. let's explain the plan we're gonna just put: receive one black and one white f3 gym shirts every month and the frequency will be every one and months. alright, you can choose specific order dates in case that, for example, you want to ship all of the subscriptions on the first of every month, but i don't want to do that. i want to start the subscription whenever they actually buy the subscription. if they buy the fifth and they choose a monthly plan, the next fifth of the next month, i'm gonna send them another pack of shirts. now let's choose a few advanced options. so the minimum number of orders, i'm just gonna leave it at one order. they just have to buy the subscription for one month, and the maximum number of orders it doesn't matter. so let's offer a free trial- no, not for this kind of product. and let's offer a discount for the subscription. yeah, so we're gonna offer them 20 off if, instead of just buying the product once, they actually sign for a subscription. all right, that's good. let's click on save. now it shows right here on the subscription plans, but let's check the product. all right, so this was the product. let's just refresh the page and, yes, you can see it right here. the customer can just buy the product or they can subscribe and save. so, yeah, monthly delivery, receive one black, one white every month and you're saving 20 percent. so it's very compelling. right now, let's add a bi-weekly option. so let's go back to the subscriptions plan and let's edit the plan again. we're gonna go down here where we made the monthly and we're gonna add more frequency, and this one is gonna be bi-weekly and it's gonna be also pay as you go and the description will be a the same, but just every two weeks. the frequency will be. so let's put two weeks and advanced options is gonna have the same offer discount. it's gonna be the same discount. all right, 20 off, minimum orders, one and save. now let's go and check on the shirt again. let's refresh the page so they have one-time purchase or they have subscribe and save and they can choose monthly or bi-weekly. see, i need updates now let's see what happens when the customer buys the shirt and also what the merchant will see in their back end. and speaking about subscriptions, how about you subscribe to this channel for more e-commerce content? thank you for that. let's continue, alright, so let's just make a test order. i'm gonna go for the monthly and well, you can also hover on subscription details and it just tells you. you know how the subscriptions work. but let's add to cart. you're buying the f3 bundle on double excel and it's gonna be a monthly plan. let's check out, we fill up all of the information and we click on subscribe. now you see how it's not by now. it says subscribe now. and now we arrive at the thank you page and look, because there's gonna be a few things that are different from a normal checkout. first of all, you have this element here: the subscription. continue to your account. to view and manage your subscriptions, please use the same email that you use to buy the subscription. this is just in case the customer doesn't have an account already on the website, you know. so they can just sign up and manage their subscription. and you see, here it says recurring total 31 every month. all right, let's click on manage your subscription and this is what the customer will see. you see, one month subscription is active. i made a test before and i closed the subscription, so this is how it will also show if you have subscriptions that are already closed or you can see the details of that subscription, right. so okay, this is what you're getting: the shipping.

Top Shopify Subscription Apps in 2022 - Best Shopify Subscription Apps

[Music]. what's up everybody. it's jamie here from shopify masterclass, and today we're going to tok about the best subscription apps for your shopify store in 2021. the reason why you want subscription apps is they're amazing for creating customer relationships and bringing in that holy grail of reoccurring revenue. when set it up at the beginning of every month, going over and having to get new customers, you can have your existing customer base roll over from the next month, as long as you don't churn, which is going to create more revenue and more profitability for your business. as you know, it's really expensive to acquire that first customer, so having them come back over and over again on a monthly fee or something similar is awesome because it allows predictability into your revenue and as well for your product distribution. so you know you're sending out a fixed amount of orders for these customers on a monthly basis. now, in this video, we've used our blog here, that which has a list of the best 46 shopify subscription apps, but in this video, i'm going to go over the top five and explain the differences in features and pricing for each of those apps. before we get into it, i just want to quickly thank our sponsor. [Applause]. the first app on this list is recharge subscriptions. so recharge has been around for a good amount of time and has some key features that you want in the subscription apps. number one: you can quickly enable it, letting your customers set up their subscription fees in minutes, and it has other ways to reduce churn and increase ltv, which is really important for your subscription service, as these are two metrics you really want to be focusing on. in terms of pricing, it does start at a quite expensive price per month once you move up to their pay plan, but at the beginning it's free to install and they charge one percent plus 10 per transaction on the free plan, which is very reasonable, especially compared to some of the other apps on the app store. in terms of screenshots, you can see what the app looks like here. it makes it really easy, especially for products such as this, where it's maybe something that's consumable and you're going to get delivered on a weekly or monthly basis, depending on the product. so overall, they have some really good metrics in terms of tracking your customers and tracking how much they're spending and when they're churning. so overall, it is a very good app and it's great because it does have a free plan at the beginning. the next app here is pay world subscription payments. so very similar. it allows you to set up recurring billing with automatik payments and it makes it really easy for the customer to set up. in terms of pricing, they are more expensive, especially at the free plan, but when you start moving up in these increments they can get actually cheaper overall in comparison to something like recharge, which charges that standard one percent even on the 300 a month plan, whereas here it's three percent on the free to install month, but once you move up to the nine dollar plan it gets significantly cheaper at two percent per transaction. in terms of their ui and their interface, that's going to go with your shopify store it's very similar, allowing custom customers to implement the subscription options. overall it's very clean, just like the other ones, and it's very easy to integrate with your shopify store. the third one here is absol- i hope i'm pronouncing that correctly- and this one has amazing reviews. five stars on 661 reviews is something that's very hard to achieve on the app store. so overall they tell unique and flexible management, free subscriptions, the ability to create customer engagement and loyalty and compelling features and pricing. in terms of pricing, you can't really beat that at the beginning, free to install, zero percent transaction fees. that's up to 50 subscriptions, but it's going to give you a really good idea of what the app is and how you can integrate that effectively. and as you move up it's very affordable where it's 15 a month, zero transaction fee, 35 and 100, and so that's actually very affordable in comparison to the other two apps, as there's a zero percent transaction fee once you move up to the most expensive plan, as well as the other ones, and even at 100 a month, it's about a third of the upfront cost of something like recharge. the next one here is ongoing subscriptions, and they're a new app as they do have less reviews and they haven't been published for as long, but they allow you the same thing as the other apps as auto recurring payments, reoccurring orders and the ability to easily create subscriptions. in terms of pricing, they have free to install with two percent transaction fee, or the most expensive plan is 49 a month with a one percent per transaction. in terms of ui, it's very similar to the other ones. it's a little more basic, i'd say, in terms of the font and the outlook, and i'm sure as i grow, though, they will start to add more features such as the ability to track churn and ltb. the next one here is native subscriptions and overall is quite new as well. in terms of pricing. it is much cheaper actually than the other ones, as you go from nine dollars a month to 24 to 49, all zero percent transaction fees. in terms of pricing, these apps, near the end, could be more beneficial for your store, as you're paying much less, even as your subscription management starts to expand. in terms of ui, it's quite clean. it's going to add another widget below the add to cart button where a customer can subscribe instead of purchasing on one time. so overall, this concludes the video on the best subscription apps for your shopify store. there are plenty to choose from, especially if you go to our full list here of the top 46 shopify subscription apps on our blog, ecommerce educated. i hope you liked that how i went through the top five here. if you have any questions, just leave a comment below. if you haven't yet, please subscribe. also, smash this like button on the video, as it really helps the channel out. thank you for watching. [Music].

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Basic Shopify Vs. Shopify Vs. Advanced Shopify Which Shopify Plan is Right For You?

shop five is a great platform, but if you're watching this video, you probably already know that in this video, what we're gonna do is 100% figure out which plan is right for you, and I have an airtight formula. we're gonna go over all the different features. we're gonna take a breakdown of the pricing, the features, everything and we're gonna figure out which of the different plans is right for you. and, like I said, I have an airtight formula to figure out which plan will make the most sense. so by the end of this video, you will know 100% which plan you should pick. in this video, we're gonna compare the different Shopify plans and figure out the plan that is right for you. by the end of this video, not only will we go over all the different features the different plan has, I'll give you a formula that will 100% guarantee get you in the right plan. also, at the end of this video, give you a special offer where you can sign up and get the- obviously the 14-day free trial, but on top of that, a free one-on-one consultation with me to help you set up your store. so let's get started. so there's basic Shopify, Shopify in advance Shopify, and one of the questions I get all the time is: which plan should I pick? and the difference? obviously here is the price, but there's some other things too, like different credit card rates. you can see different in-person rates as well, though most people probably aren't going to take advantage of that. so the next thing is you look at the number of staff accounts, which probably doesn't matter too much to most people. so this isn't a feature will really look at too much. but then we have obviously Shopify's shipping discounts, which, once again, is a feature. that probably isn't that important. sure, you do get a little bit of discounts at the higher level tiers, but I don't think that should be a determining factor. next up, we see that the difference between the basic plan and the Shopify plan is gift cards, personal reports and abandoned cart recovery. now, gift cards and abandoned cart recovery are two things that are pretty valuable, so that will come in handy. and so, just so you know, gift cards are obviously the ability to sell gift cards, so someone could buy a gift card, give it to a friend and they could come to your site and purchase things. for a lot of people, gift cards probably isn't something that is going to be a big seller for them. so when you're a smaller size store, then abandoned cart recovery, though, is something that I think is very powerful, no matter what stage you're at, but I will say you can get add-on apps for abandoned cart recovery. so this add-on app you can get for free, but to actually use the proper functionality it's $14 a month. so $29 plus $14 is still cheaper than the $79. so if it's just about features, these- the gift cards is a good feature. abandoned cart recovery is a good feature. professional reports is nice to have, but it's not something you really need to have when you're a smaller store, and all professional reports is is. it allows you to run, basically, a report that will show you what your best-selling item is, what your best-selling SKUs are, some other things like that, things that you can kind of figure out if you really want to, without running those reports, but it is a valuable tool, but I think when you're first starting out, not that valuable. so we have $29 vs $79. those are the basic Shopify versus Shopify. for most people, $29- the basic Shopify- is going to be perfect. now I do have a formula I will show you right now on to figure out should you go with basic Shopify or Shopify. the next level of comparison is Shopify versus advanced Shopify, because you really, when you start a shop- if I site, most people should start with basic Shopify. at a certain point you should upgrade to Shopify and then, at the next point, upgrade to advanced Shopify. so I don't think anyone out there is trying to decide should they be in basic Shopify or advanced Shopify, because there is a huge price difference. so when we look at the features, you have advanced a report builder and third-party calculated shipping rates to things that aren't really that big of a deal. I think for most online stores out there, you should probably offer flat rate shipping up to a certain price and then free shipping after that. so once again, we're gonna look at the features. aren't that much better between Shopify and advanced Shopify? so what it comes down to is looking at the numbers, looking at how much money you will save on the different transaction fees right there. so let's take a look at the numbers and come up with a formula that will specifically tell you the perfect tear for you. so basic Shopify is $29, Shopify is $79. in advance Shopify is $299. and basic Shopify that's not the only money they get from you. they also get the transaction fee. so 2.9 percent compared to 2.6 percent, compared to 2.4 percent. so this means for every time there's a transaction, Shopify is taking 30 cents right off the top and then also a two point nine percent transaction fee, or two point six or a 2.4 percent. so let's take a look and compare those. the difference between the basic Shopify in the Shopify plan is $50 and a point three percent transaction. for you we're gonna Negatron is action. just because it's, it's the same for all the plans. next up we have $220 is the difference between the Shopify plan and the advanced Shopify plan, and you save 0.2%. so let's use some math and figure out at what point should you be in all the different plans. so if we divide the difference $50 by the the 3.3%, we get sixteen thousand six hundred sixty six dollars and 67 cents. so we'll explain in a second what that means. and then the same thing if we take $220 here, that's the difference between these two plans divided by the amount of money you're saving, and we get $110,000. so that's the break-even point both for both of these on when you should switch plans. so basically, for basic Shopify, you should be in that plan from $0 to approximately sixteen thousand six hundred sixty-five dollars. so if you're doing this much amount per month in revenue, you can. you should be in basic Shopify, assuming that you don't give any value to the other features that they have. obviously, abandon cart is worth some money, so depending on how much that's worth to you, you might want to adjust this number. and same thing with the gift cards, that's, those are both worth some, worth some money. but if you're making more than sixteen thousand six hundred sixty-five dollars, you 100% need to switch to Shopify. same thing here. if you're making between sixteen thousand six hundred sixty-five dollars and one hundred nine thousand nine hundred 99, you should probably be in the Shopify plan. if you're making more than 110,000 dollars, all the way up to about a million dollars, you should be in advance Shopify. now, if you're making more than a million dollars, they have a more advanced package for you. but if you're making more than a million dollars- probably not watching- this is per month, so all these numbers are per month. so zero to sixteen thousand six hundred sixty-five dollars per month. go ahead and go with basic Shopify, then Shopify- is this amount right here, and then advanced Shopify- is this amount right there per month. so, like I said, the abandoned cart does have some value and since it cost about fourteen dollars, we would change these numbers. so the difference between basic Shopify plus the $14 abandoned cart to Shopify is $36. so if you do want abandoned cart, which I highly recommend, then basically, if you make 0 to $12,000, you should be in basic Shopify, if you make $12,000 to $110,000 you should be in Shopify and over $110,000 you should be an advantage top-25. so that's the very basic plan. so here's the numbers for you right here. if you have the basic Shopify plan, go ahead, and if you, if you make between zero dollars and sixteen thousand six hundred sixty-five dollars per month, I'd recommend going with basic Shopify for most people. in between that you got Shopify and then above.

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3 Types Of Subscription Business Models ( And How To Start One! )

convenience is so important to consumers today, so it makes sense that 15 of americans have signed up for a subscription box now ever since subscription box became popular in the early 2000s. they really show no signs of slowing down. by 2025, this industry should reach 473 billion dollars. that's billion with a b. so if you're on the fence, maybe you're not 100 sure. if you actually want to start a subscription box of your own, i'm here to tell you that there's definitely still a market for it and it could be a potentially very lucrative business to get into. it might sound easy, you know, just throw a couple things in a box and send them off to your consumers, but between product sourcing, getting your customers to actually sign up for your subscription box, there is a lot to keep track of. so in this video, i'm gonna share the top three subscription box models and how you're gonna actually run your business. all right, so let's get into it. there are three types of overarching subscription box models. we have curation, replenishment and access. now, depending on what you're selling and what phase of your business you're in, throughout this video, it's going to become clear which model is going to make sense for you. the curation business model is by far the most common. so birchbox is a really good example of a business that uses the curation model. if you're not familiar with birchbox, basically what they do is they take beauty products from existing brands and then they bundle them into a very personalized package for their customers. the point of curation subscription boxes is to really surprise your customers by giving them products that you know that they're going to love. so you can find out more about your customers by getting them to fill out a quiz before they sign up, and this model also aims to introduce customers to new items they might not have otherwise known about. so the curation business model is all about surprise and delight. if you choose to go with this model, there's a lot of benefits that you could potentially reap. so, first of all, there's a very high profit potential. so customers can pay anywhere from 15 to 100 a month, and if you think about that, compounded monthly, that's a lot of profit that can scale very quickly. now, on top of that, they might also promote the discovery of new products that you carry. so, for example, birchbox, if a customer discovers a product that they love in their box, they can buy it again directly through birchbox and earn a discount. so offering this type of service can really help you diversify your revenue streams and increase your total profit. so the biggest risk here is high churn. so what tends to happen is that customers get really excited and they sign up for their box, but then eventually the novelty wears off and then they'll end up unsubscribing. now what happens? for you as a business owner, this basically means that acquiring new customers is going to be expensive, since the average lifetime of each customer is not that long. plus, since these products are typically non-essentials. subscription boxes are really going to thrive when the economy is doing well, but you know, as soon as we hit a recession, these are typically the first to go. another thing to note is that they are quite complex operationally, so coordinating brands to carry in your subscription boxes is definitely a hurdle that you're gonna have to overcome. um, and then the cost of packaging and branding and shipping is considerably high with subscription boxes. so, that being said, who is this model right for? well, it's pretty typical for businesses in beauty, clothing and food to really hop on the curated subscription box model, but if you're not in any of those industries, that's also fine. there has been a lot of uptake across a multitude of industries for this model and it's just expanding every year. if you have brand connections within a specific industry, then you're gonna have the right connections to start getting products to actually go into your box. so in that case, a curated subscription box might be right for you. it's also right for the type of entrepreneur who already has a niche contact list. having a contact list is going to make it so much easier to start marketing your new business and start reaching out to new potential customers. now, if you don't fall into any of those categories, then no worries. this model is also right for an entrepreneur that is just starting out and starting from scratch. but if you do have a pre-existing business and you're wanting to use the subscription box to support that business, then the next model that we're going to tok about might be right for you. if you're here looking to get started building an online business, but maybe you're not sure what to sell and you need help finding a product, then i definitely want you guys to make sure that you're checking out our free 40-minute webinar that's going to teach you how to find winning product ideas, how to validate those ideas and then how to get started. so i will leave a link for the webinar for you guys in the description box, um, and if you're wanting to get started, you can click that link and get started with this free training right now. the replenishment business model is going to be all about convenience and cost savings. so the way that this works is: a consumer will choose to automate the purchase of essential items and then this will usually come at a discount to them. now, most products don't need to be replenished regularly, so the type of products that you're actually selling will have to make sense for this business model to work. so you'll need to be selling, um, consumable items, for sure, and convenience items. so think about, you know, like razors, diapers, pet foods. those are the type of items that would be a good fit for the replenishment model. so amazon, for example: they have a program called subscribe and save, and the way it works is you get free shipping. you might also get a discount if you sign up for auto deliveries of essential products, um, like toilet paper and that kind of a thing. so these programs are definitely floating around and it's something that you can replicate as well. the main benefit of this model is that you're going to have higher retention rates because your products are actually fulfilling a real need. customers are just going to stik around for longer. versus the other model that we just toked about, it's been shown that 45 of customers stik around for at least a year. with this business model, you might have thin margins, you're gonna have to compete on price and you're gonna have to offer some pretty generous discounts. so if you do want to make this model work, you're going to have to really keep your costs low, just operationally, and you're going to have to focus on operating at scale. so you're going to have to sell a lot of boxes to make this profitable. so who is this business model right for? well, if you already have an existing business and maybe you're just looking to find a way to keep customers coming back for more, then this model can really help increase your retention rates and it can help increase your total profit. also, if you're thinking of starting a drop shipping business, you can definitely use this business model. um, really, just start slow. start with a single item and that will just help you hit the ground. running access subscribers pay a monthly fee and then they get access to lower prices or membership perks. so it's kind of like costco or kind of like sam's club, but in subscription box form. so i'm not sure if you've heard of just fab, but justfab is an ecommerce site and it offers members discounts on their shoes and purses that mimic high fashion styles. so members pay a monthly fee and then they get access to these styles. so the access subscription model is basically going to offer a sense of price exclusivity to their customers. with this model you can really play up the exclusivity card so you can really entike customers to sign up and really stay with you, because you kno.

What is the Cost of Opening a Shopify Store?

hey, what is up guys in frenzy? and today I'm going to be toking about the cost of opening a Shopify store. now what I'm toking about? Shopify- this can mean drop shipping, this could mean selling your own products or whatever you want to do. this is the opening cost before any type of marketing. so first off, I would like to tok about the Shopify monthly cost. so it is going to be $29 a month, bare minimum, just the basic level, which is all pretty much anyone needs when their first thing out on Shopify. then you also have your $12 a year Google domains cost. that is going to cover one year, so one dollar a month. if you look at it per a monthly cost, so then $30 a month. or if you look at it at a yearly cost, obviously it's one dollar a month, so it add up to twelve dollars a year for your domain. and now this is before adding any other kinds of apps or plugins to your store. but this is just a bare minimum cost of opening your store and getting products on it and then importing your stuff and getting traffic to your sites where people can actually buy stuff. in this hole before marketing costs, now there are many ways to market your products for free, whether it be through Instagram or Facebook, just putting out video or picture content and then ties up with hashtags to get this show up in Facebook or Instagram search, and that's that's pretty much how search works on those platforms is through hashtags. that's how people find your stuff. or you can also do it through Google SEO. that's another free way. now, SEO takes a lot longer time to develop. I actually really don't know a whole ton about SEO myself, but Instagram and Facebook, you throw down the hashtags and I just free marketing right there. now, always, all most popular marketing platforms that people invest into is Facebook, and simply because Facebook is probably one of the best advertising platforms as of right now, because you're able to really pinpoint who you're wanting to target- you can really hit down on the niche that you want to sell your product through, the people that are going to be most interested in your products. now, obviously, this will cost money. so this is the cost of entry, after the initial cost of just opening your store, which is marketing costs, and Facebook is kind of expensive. facebook wants your money but at the same time, they want your to work as well, so you really have to spend a lot of time testing and figuring it out, and this cost range could range anywhere from, like you know, ten bucks to hundreds of dollars. I know myself I spent two hundred fifty dollars into face before I actually started turning a profit on my site and, yeah, I took it took quite a while, but that's just kind of a cost of entry. if you're going to be doing paid marketing, you're going to have to look at that as a cost of entry too when you're opening your Shopify store. now, as of right now, I predominantly do free marketing through Instagram and Facebook for my store, but my other friend actually is very successful with this Facebook store and is well driving traffic through paid marketing on Facebook. so there's lots of ways that you can do it, different avenues. some products work better on some platforms and others. the way you do your marketing, it really all depends on what comes down to, to whatever you find success with. there's a lots of different avenues to go, but the basic cost of entry, before any marketing cost, is the twenty nine a month for Shopify and I'm the $1 a month for your Google domain and Google twelve dollars a year. so, guys, I hope you found this video helpful for getting your Shopify store up and running. if you have any questions, be sure to leave that down in the comment section below. be sure to leave a like, subscribe to the channel and I'll see you guys in the next one. peace s.

Shopify Pricing Plans Calculation: What is Your Investment?

[Music]. hi, it's june here again from pagefly. in today's video, i'm going to show you how to calculate the shopify fees with a dynamic shopify pricing calculator to help you work out the cost you have to pay when using shopify. if you are already using shopify, it's okay. you can skip this video or learn more about the plans if you want. for those who are considering building your store on shopify, here are the plans and fees included in each plan you should pay attention to before making a final decision. so now let's go to the main part. first off, how many plans does shopify offer you? well, there are three main plans, which are: basic shopify, which costs 29 usd per month. shopify- 79 us dollar per month. and advanced- 299 us dollar per month, which is 10 times higher than the basic. there's also shopify live plan, which is nine us dollar per month, but shopify, which is help add your product and sellers on your website or blog about the shopify plus here. this is for large enterprises. so if you are running a small or medium sized store, i recommend you should focus on three main plans i mentioned earlier. now you can see there are lots of features and categories here, but in this video mostly we're gonna look at the three key factors that can affect the cost when you run your business with shopify. let's look at the shopify payment here. what is shopify payment is a shopify feature that accepts the most popular payment methods like martha card, american express, etc. but right now it's just available in some countries. so you can check if your country is on the list with the link in the description box below. the great thing when you choose shopify payment is that you don't have to pay any transaction fee for each purchase made on your shopify store. next let's look at the listed fees below. online credit card rates will be applied when your customer purchases a product from your store online. the rate will go down from 2.9 to 2.6 to 2.4 from basics to advanced plan, each plus 30 cents. [Music]. the in-person credit card rate. here is when you sell outline. the additional fees here are when you use other payment providers and don't use shopify payment. for each transaction, you will be charged uh two percent, one percent and 0.5 respectively when you go to a higher plan. to help you calculate the cost more precisely, let's use the shopify pricing calculator. it's already included in our blog post, where i put the link in the description box you can check out and use it. now let's do an example here. i'm gonna add my average order value here, 50 us dollar, and my number of orders per month. let's just write 100, and i choose shopify payment. yes, now you can see. the calculator does it for you. my cost per month here, if i use the basic plan, will be 204 us dollar. and if you are in different region and want to know how much the cost is in your currency, you can use this website, xccom, to change the currency. so here i want to change it to euro. [Music]. it will be around 173 euro. it's easy, right, and here, if you choose no, it will calculate the transaction fee for you right away. there is also a benefit of shopping discounts you should pay attention to in each plan if you use dhl express ups or usps. so basically, that's how you calculate the cost for each plan. there are some optional payments you should include in the calculation. if you choose to buy your own domain by theme or using apps from shopify, the cost for the domain is not that high, just around 17 to 30 us dollar per year for the theme. they are mainly free or a one-time purchase, so you don't have to worry about monthly charges. but for apps they're to charge you monthly. so please choose your apps wisely if you don't want to add up too much cost now. have you found out which plan fits you the most? if not, we recommend you to start with the basic plan first for a few months, then upgrade to higher plans when your business grows or to make sure whether shopify can help your business or not. you can try the 14 day free trial first. i'll put the link in the description box below. you can also watch out tutorial on how to use the trial shown at the end of the video. if you find this video helpful, click the thumbs up or leave a comment to discuss more. and please remember to subscribe to our page fly channel. click on the bell icon to get a notification on the latest page flight tutorials and shopify videos in the future. thank you for watching and see you next time.