Shopify handles shipping directly with the buyer.
Simply put, your item cost $24, the payment processing fee is 2.9% +.
In addition, the ONLY other fee is the payment processing fee. When I first tried to ponder the two, I thought, “Shopify has a subscription fee, why would I do that?” The lowest subscription fee is $29, which honestly covers all the bases you need for a growing small business.
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$5 for the shirt + plus the time it takes me to make it, down goes my profit scale. Personally speaking, if I’m selling a T-shirt and it cost me approx. Now in the beginning, this didn’t seem like much, right? But let's also factor in your costs and time. Your item costs $24 USD and it costs $5 to ship it. 25 of what your item is listed for.Įxample: If your item costs $24, $24 x 3% =. For every item sold through Etsy, they charge 3% +. Yup.just when you thought they took enough, there’s more. Yup, you read that right! In July of 2018, Etsy announced they are now charging YOU (the seller) a 5% fee on what your customer pays for shipping.įor example, if a customer pays $5 for shipping, you pay. No matter what the cost of your item is, you will get charged 5% of that.Įxample: If your item cost $24, $24 x 5% = $1.20 Which can add up pretty quickly if you presume that item to sell exponentially. 20 cents every time you sell the item (to re-list it). 20 cents to list your item, but if you are set up for automatic re-list, you will get charged. In short, this means not only does it cost. While Etsy has no monthly subscription fee…they do a great job making up for it elsewhere. The most important question, WHAT COSTS MORE? The daunting question as a new business, right? What e-commerce website is going to be the best for YOUR niche? Well, I don't exactly have the "right" answer for that, but I can certainly share why I chose to make the switch.
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