Shopify Tips: Answering the FAQs to Better Understand the Platform

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Because of Shopify’s soaring popularity as one of the most-used e-commerce platform for merchants that belong to a every industry in the market, several business-minded people who are looking for the prospect of making their very own online business are asking several questions about it. It’s but normal for anything that’s producing too much buzz to gather some attention and attract several parties asking about it.

We too had several questions about this platform before and we took it to the Internet for the answers. That’s what Mr. Google is for anyway but some questions just aren’t answered directly and there still are questions that are left unanswered. That is why we’ve decided to create this article. We want to get every single one of your questions answered here so let’s get started.

Am I Allowed To Use Domain Name from An Existing Website?

Domain names are those website names ending in .com, .net, .biz, and so on and so forth. These are unique identifiers that will lead people exactly to your site or online shop. Without a domain name, you just couldn’t secure a way for your customers to find your business. In case you already have an existing website that already has its own domain name, it is possible to use that same domain name with Shopify. You can even host your Shopify store using a third party provider if you choose to do so.

What Sort of Things Can I Sell On Shopify

Except for the prohibited products and items that are found in this list, you can sell almost anything on Shopify provided, you have a supplier or a steady supply of the merchandise (in case of crafts made by yourself) and the product itself can be shipped or obtained from a specific location which your customers can reach. Some people would sell to their local community while others want to do it on a nationwide scale. But the possibilities are endless because with Shopify, you can also sell globally. That’s how big the potential is when you choose to sell with using this e-commerce platform.

What Plans are Available for Merchants of Different Business Sizes?

Shopify offers several plans that are designed for every type or size of business. Whether you are a startup online business or a large global brand, Shopify has the best plan depending on your needs. We’ve listed the Shopify Plans and pricing below along with the transaction fees for each one.

- Shopify Lite  - $9/month

- Shopify Basic - $29/month

- Shopify Standard - $79/month

- Shopify Advanced - $299/month

- Shopify Plus – Quote-based

There is a perfectly-priced plan for everyone and what’s great about them is the good set of features that are buil-in with Shopify which are tailored for your need as a business owner

How Much Do Shopify Earn Per Transaction

Sharing the profit is one good way of supporting a platform and that’s precisely what Shopify has created so that the development of the platform can be supported financially. Aside from the monthly fixed price subscription fees that they charge for every merchant, there is also what is called the transaction fees. Don’t worry, Shopify don’t charge too much in this aspect. Just enough for them to keep their employees paid and the platform and its servers up and running. Here are the transaction fees for every Shopify Subscription Plan:

- Shopify Lite - 2.7% per in-person transaction

- Shopify Basic - 2.9% + 30 cents per online transaction; 2.7% per in-person transaction

- Shopify Standard - 2.6% + 30 cents per online transaction; 2.5% per in-person transaction

- Shopify Advanced - 2.4% + 30 cents per online transaction; 2.4% per in-person transaction

- Shopify Plus - Based on your credit card sale volumes

These fees are minimal when you compare it to the earning potential that your business can get when you choose to host it with Shopify. And you can even dictate your own prices so you can ensure that there’s enough for profit, marketing, and fees so there’s really no need of feeling intimidated with these figures.

Can Shopify Be Used for Marketing?

Of course! Shopify will not only help in getting your business to the online landscape, it can even help in selling it and in managing customers which are two crucial tasks that every online merchant must get involved in. In terms of marketing, Shopify has a good amount of built-in tools that can help with this along with apps and other plugins from third-party providers that will help expand your marketing strategies and methods to take your shop to the next level of popularity and profitability.

Just make sure that your store is optimized for whatever kind of marketing strategy that you want to employ. For instance, if you want to use SEO, make sure that your product pages along with the product descriptions, the FAQs, the About Page, etc. are SEO optimized. If content marketing is the way that you want to go then be sure to use high-quality and consistent photos and videos for your products. They must be as close to the actual product as well.

Every business needs marketing especially in the online space and Shopify supports every single kind of marketing strategies that’s ever been invented. In fact, Shopify might be one of the reasons why those marketing strategies have been invented in the first place.

How Can I Sell Globally With Shopify?

Selling globally means catering a particular product to a wider audience and in order to do so, you will need to have the right production and manufacturing power for that product that you want to sell. Ensuring that you can cope up with the demand is key to building a global brand and with Shopify’s dropshipping method of business, this can be possible. There have been several top stores that do dropshipping on Shopify and they’re still thriving even to this time. The key is to ensure you’ve reliable suppliers who are capable of shipping products to any country where you plan to sell. A big part of Shopify’s merchants do dropshipping within the platform and it’s a feasible business for you to venture in if you’re looking for one. Just be sure you’re doing everything in the right way to avoid any chances of failure.

Is Shopify Still Feasible and Profitable?

Looking into the numbers and overall statistics, it may look like Shopify is losing the battle of feasibility and profitability. But if you look closer and take time to examine the level of success that was achieved by those that made it to the top, you will see that with the right strategies, Shopify can be ultra-profitable and highly-feasible at the same time.

Again, doing online business isn’t just about finding the right product and selling in on Shopify. It is about marketing, timely shipping and delivery, and an approachable as well as efficient customer support. You must be proactive at all times and do your best to be ahead of the competition through innovation and creativity. Shopify is feasible and profitable and it is destined to be that way even in the upcoming years.

Success Starts With Knowing Your Business Partner

When you decide to venture into an online business, you will automatically need a platform on which your shop will run and be hosted from. That is where Shopify becomes your closest ally and they’re going to be your best help in getting started and even as you grow and expand your business. That is why it’s crucial that you know every single thing about them.

You can’t go on a business partnership without really knowing your partner’s background. Ask questions, do your own research, see what Shopify can offer to you and your business and finally make that crucial decision. Shopify remains one of the best online business platform out there and the choice will now lay on your hands.

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