People often wonder what YouTube’s payments are per view. This article will answer that and go a step further – also looking at what you can earn from 1,000 and 1 million views!
We’ll even go one step further and tell you exactly how and when YouTube will pay you.
Read below for all the information you need.
How Much Does YouTube Pay Per View?
The amount of money that you can get paid per video is not a fixed amount and it actually depends on a number of factors. The amount that YouTube pays per view can and will vary wildly based on factors ranging from the topic of the video in question, to where the locations of your viewers are, to how family friendly the videos are, to how engaged your viewers are. Advertisers will generally pay between 10 cents and 30 cents but it will usually average out to about 18 cents per view. These amounts are averages as there are many, many things that go into the exact amount that you will get paid.
When you are trying to gauge how much money you will get from Google AdSense, which is what you will make money through, you will need to keep in mind that Google pays about 68% of the revenue to the publisher. This means that if an advertiser offers $100, Google will pay $68 to the publisher. Whether or not you get paid based on engagement depends on who watches the advertisements and if viewers watch at least 30 seconds of the video’s advertisement. These are more factors that will affect how much you get paid per view on your YouTube video. Making a comfortable living off YouTube takes time, dedication, and patience but it can eventually mean that you are able to live your dream life.
How Much Money Does YouTube Pay Per 1,000 Views?
Unfortunately, there is no fixed amount of money that YouTube pays per view. How much you get paid will depend on a number of factors that you will need to keep track of. Some of these factors include the topic of the video itself, where your main viewer base is located, and how family-friendly the videos you create are. Going by the generalization that each view can get about $0.18, you will end up getting about $18 per 1000 views. Since about 15% of an engaged viewer base will watch the required 30 seconds of an ad, this will average out to between $3 and $5 per 1000 views on a video. As each channel and audience is different, you should take this as an estimate of what you can make.
How Much Does YouTube Pay For 1 Million Views?
There are many, many factors that go into how much money you can make on a YouTube video. When you are trying to figure out how much money you can make on a video, you will need to keep a few things in mind. You will need to make sure that the content you make is not only popular but that it is family friendly as well. Viewer engagement, which means how much of a video your viewers watch and whether the viewers watch the first 30 seconds of an advertisement, also plays an enormous role. For one million views, you can expect to make anywhere from $600 to $7000, depending on how engaged your viewers are and how many advertisements you have in a video.
How Does YouTube Pay?
As you begin looking into the idea of making money from YouTube videos, you might begin to wonder how the money you make will be sent to you. After all, you will want to make sure that you are getting the money you have earned. You will earn money through Google AdSense. AdSense will always pay you directly but you will have the option to choose how this will be done. Some people prefer to be paid through direct deposit. Other people prefer to be paid through checks. No matter which method you choose to be paid through, it will go to your bank account that you link when getting started with Google AdSense.
When Does YouTube Pay You?
As with any source of income, it is crucial to know when you will be paid. After all, many people alter their lives to ensure that they are able to live comfortably until the next source of money comes in. With YouTube, you will get paid through Google AdSense. Google AdSense pays you at the end of the month. As long as you reach the payment threshold and have no outstanding holds on your account, you will be paid between the 21 st and the 26 th of the month. The payment threshold can vary depending on the currency you are using. The time the money will reach you depends on factors such as time zone, what day of the week the 21 st falls on, and how you are paid through AdSense.
The world has taken to the internet and fallen in love with online shopping. To take advantage of this you need the tools to sell your product online. That’s where Clickfunnels can help.
Clickfunnels can help you turn your ideas into money, allowing you to bypass the weeks/months it normally takes to build a webpage capable of handling purchases. You’ll also be able to avoid hiring a team of tech guys.
What Does Clickfunnels Do?
What Clickfunnels does is simple. It makes you money. Everything Clickfunnels does, leads back to focussing on that one priority.
Clickfunnels is an online platform where you can builds websites and turn your website’s visitors into customers. Through the various pages Clickfunnels helps you create, you can guide your customers through a complete the checkout process.
After the website and sales process have been created, you can use Clickfunnels to manage and maintain your site. Clickfunnels is the link between an entrepreneur and their potential consumers.
How Does ClickFunnels Work?
The first step is to create an account. Don’t worry, you can start a ClickFunnels 14 day trial today for free!
After you’ve finished setting up your account you can begin to build your web page and sales funnels. You will need to select an option that meets the purpose of your page.
Then you can choose a website template. You will be able to create multiple funnels and manage them on one, convenient dashboard.
How Much Does ClickFunnels Cost?
ClickFunnels Startup and the ClickFunnels Etison Suite are the two pricing options available for ClickFunnels.
No matter which option you choose, you get to create A/B split tests and use any of the
types of funnels available on the platform. You also have access to email integrations for using ClickFunnels with your existing email marketing platform.
ClickFunnels 14 Day Trial (FREE)
Before purchasing any subscriptions, you can grab FREE ClickFunnels 14 day trial here. Two full weeks where you can test out all of the features and see if it is the tool for you.
Standard ClickFunnels Cost
ClickFunnels Startup costs $97 per month. This is the standard ClickFunnels membership. It includes the base set of services needed to develop your own marketing funnels. With the cost, you get great customer service, speedy results, reliable marketing, visible sales, and an easier way to keep your site current and up to date.
You can purchase the standard Clickfunnels option for $97 per month. This includes the creation of Optin Funnels, Sales Funnels, Product Launches, and Webinars.
With the standard plan, you can create up to 20 funnels and 100 pages. The standard plan only allows you to use up to three custom domains. The ClickFunnels-hosted pages can receive up to 20,000 visitors per month.
The standard plan also only allows one payment gateway for accepting payments per funnel while the Etison Suite allows you to use up to three billing integrations.
ClickFunnels Etison Suite Cost
The Etison Suite costs $297 per month. You get everything provided with the standard
ClickFunnels membership with unlimited funnels, pages, visitors, contacts, and custom
domains. It also includes two sets of tools called Actionetics and Backpack.
Actionetics is an automation tool, mostly designed for nurturing sales leads through follow-up funnels. With this set of features, you can create detailed email campaigns, manage email lists, and use a visual email builder. It also includes an autoresponder feature, letting you automate the follow-up process.
Backpack is the other set of resources that comes with the Etison Suite. It allows you to create your own affiliate programs.
Through the Backpack dashboard, you can easily set up affiliate pages, create affiliate IDs, and generate custom code for your affiliates to use on their pages.
Is ClickFunnels Worth It?
ClickFunnels is worth the cost due to the value of the features included with your paid plan. With the help of effective sales funnels, you can start boosting conversion rates, giving you a solid return on your initial investment.
ClickFunnels also makes it easy to set up your sales funnels. You do not need to have any previous experience or know how to build web pages. The simplified user interface allows you to choose from a variety of pre-built funnels that you can edit to fit your products or services.
You also have the option to pay for the Etison Suite. For an extra $200 per month compared to the standard ClickFunnels plan, you receive valuable email marketing automation features and the ability to develop your own affiliate program.
ClickFunnels Features
The Platform provides everything you need to sell a product online. That includes:
Creating a sales funnel (the process where you convert a visitor into a customer)
Creating leads and following up on them
Speeding up website creation
Removes the necessity of coding
Allow for easy creation-click and drag
Assisting with customer follow-up
Sales Funnels Templates
Clickfunnels provides you with a huge template library of different types of sales funnels – sequences of web pages designed to sell your products. Here are some examples of those templates:
Opt-in Funnels – This funnel generates leads and creates a list.
Sales Funnels – Funnels used for the actual sale. These funnels smooth the buying process over. Allows for easier up-sells and down-sells.
Product Launches – A funnel that assists you in launching a new product.
Webinars – Can be utilized in promoting your product or good.
Auto Webinars – Automates sales.
ClickFunnels Membership Site
ClickFunnels offers one of the easiest solutions for developing your own membership site. Using the ClickFunnels membership site templates, you can quickly get your site up and running with no coding skills.
A membership site allows you to charge members a recurring or one-time fee to access exclusive content such as webinars. ClickFunnels gives you the tools to set up the site, including payment gateway integration and a membership portal.
Your ClickFunnels membership site can accept payments from a variety of popular providers, including PayPal, Stripe, ClickBank, and Apple Pay.
Besides templates and payment integration, you gain access to the existing ClickFunnels marketing tools. Easily integrate your sales funnels with the membership site to attract new members.
ClickFunnels Actionetics
Actionetics is everything you need to set up your Clickfunnels email integration. The inbuilt autoresponder that understands your visitors. It will figure out what the visitor does online and generate a personal message. Actionetics utilizes:
Actions Scores – Will give each visitor an action score. The score is based on recency, frequency, monetary value, and social presence.
Smart Lists – Lists created based on what the visitors of the website are doing/ buying. Creates custom messages based on people’s personality.
Email Editor – Creates high converting emails.
Action Funnels – The funnel will handle the marketing to your potential customers. It will organize them on different lists and utilize emailing and texting.
ClickFunnels Backpack
Backpack assists you with gaining visitors to your website. It enables affiliates to send traffic to your page. An affiliate program will be added to a tunnel of your own. The feature will track click and track how much money you owe the affiliates.
ClickFunnels Marketplace
The ClickFunnels Marketplace is your source for high-converting pre-built sales funnels. You can browse the marketplace for specific categories of user-created funnels including opt-in funnels, sales funnels, membership funnels, and a variety of specialty landing pages.
With the ClickFunnels Marketplace, you browse hundreds of funnels, look at customer
reviews, and examine the screenshots to find the right template. Some of the templates are free while others require purchase. The average price of the
premium templates is between $97 and $297, the same as the monthly prices for a
ClickFunnels membership.
Using the templates saves you time and helps boost conversions. Instead of needing to edit one of the existing ClickFunnels templates, you can find a pre-built option that meets your specific needs.
Who Is ClickFunnels For?
Entrepreneurs use Clickfunnels. If you have an idea or good that you’d like to sell. Clickfunnels will help you do it. You can use Clickfunnels for most online business dealings.
Freelancers
Contractors
Bloggers
Small Business Owners
Consultants
Seminar Hosts
Agents
Non-Profits
Sales funnels are key to generating money online. The sales funnel has to be simple and efficient. Consumers need to be able to purchase their goods or services in a timely manner. If the purchase becomes too time consuming or confusing, the consumer will leave the page. Considering, Clickfunnels’ main function is to create these sales funnels, you could say that anyone who aims to make money online could use Clickfunnels.
What Is ClickFunnels? – Wrap Up
You’ve already done the hard work. You came up with an amazing and revolutionary idea. An idea that you believe to be a money maker. By allowing Clickfunnels to do the easy part, you will save time and increase your potential earnings.
With Clickfunnels, you will avoid having to do the tedious task of setting the site up, not to mention the painstaking job of creating the sales funnels to go into the site.
Don’t lose the excitement or passion you have for your new idea. Use the momentum you’ve created from developing the idea to push you forward.
The next step is selling it.
Creating an online sales platform can seem daunting. Why not let Clickfunnels take it out of your hands? Get the most out of your investment, by using the FREE ClickFunnels 14 day trial. That’s for two weeks. Two entire weeks available for you to decide whether Clickfunnels is working for you.
Do you know you can sell your Shopify merchandise through Amazon? Click on the video or read on to find out how this partnership can impact sales and marketing.
Shopify Amazon Integration is something I recently came to know of. For a Shopify owner, like myself, being able to sell products from my Shopify store to Amazon comes as fairly lucrative in terms of expanding my online business and minimizing expenses on marketing.
Selling on Amazon Through Shopify
Now that it’s possible to sell Shopify merchandise to Amazon, it has widened my T-shirt store’s scope and improves my marketing strategy.
Shopify Amazon Integration
What do you get from the Shopify Amazon Integration?
Shopify Amazon Integration
#1 Automatic Synchronization
By using a plug-in to connect with Amazon, all of your Shopify products will automatically reflect in your inventory in Amazon. The sync will happen in real time. This means that any sale you make on Amazon will reduce your product stock on both platforms, Shopify and Amazon. The same will happen if you have made a sale in Shopify.
The integration reduces your involvement to zero. Here’s another example of how powerful this integration is.
If you have a drop shipper connected to a Shopify store, they too will be automatically conveyed for any new order you get from Amazon. For instance, I have Printful connected to my Shopify store. Printful can then print the t-shirt and mail it to the customer who has placed the order through Amazon, in the same manner it can for Shopify.
Everything is connected and synchronized. How great is that?
#2 Marketing Cost
Marketing Cost
One of the major problems I had with my t-shirt store on Shopify was the marketing cost. I was marketing through Facebook Advertising in order to direct people to my Shopify store. This was essentially costing me money before I made any sales on my store.
On the other hand, if you have all of your Shopify products on Amazon Marketplace, you get to tap a new audience who has the potential to search for your items at no extra cost. This brings your marketing costs down. You would no longer have to pay extra to expand your scope. Unlike what you would have done if you’re selling solely from Shopify.
#3 Respectability
People like me who are not graphic designers but designs shirts for their stores, can have a difficult time making sales. This is because of the perception of genuineness and authenticity. If it doesn’t look like the real deal, potential customers may opt not to buy because of fear of getting conned.
On the contrary, if your products are on Amazon, there is that level of trust and respectability gained just by using the platform.
People are far more likely to buy a product they see on Amazon versus a store they’ve randomly landed on and have no known brand associations.
#4 Wider Audience
As mentioned earlier, the Shopify Amazon Integration expands the scope of your business. It lets you tap a new audience who are highly likely to buy your products at no extra cost for marketing.
When customers use keywords to search for certain products on Amazon, there’s a high likelihood of your products getting found without any intervention.
Furthermore, you double your reach because you still get to implement the same marketing strategies in Shopify to drive traffic. But on top of that, you are also leveraging on Amazon to bring you more sales.
#5 Amazon Merch Alternative
I got into Amazon Merch when one of my followers, Phillip Stone, mentioned that Amazon Merch is Amazon’s version of drop shipping t-shirts.
Amazon Merch allows you to upload designs on Amazon while it deals with the creation and posting of the products. To join the program, you will need to request an invitation and then wait for authorization.
The problem is that it takes a long while to get an update from the time you’ve sent your request. It has been 2 months already from the time I sent mine. But I still have not received any confirmation about getting accepted to the program.
It is possible that Amazon is potentially closing down on accepting new invitations on Amazon Merch Program. It instilled a profound interest in people and have made a lot of money from it. There’s also a chance that they’ve put a stop to the program completely.
At this time, people are declined from joining or gets accepted into the program after 6 to 7 months.
Merch By Amazon
With Shopify Amazon Integration, you get to do just that without signing up for the Amazon Merch Program. You can do drop shipping through your Amazon store with providers like Printful.
Shopify Amazon Integration has completely changed my strategy as to how I am going to launch my t-shirt store 2.0. Integration with Amazon is definitely something I can benefit from.
I also plan to split test my Facebook Advertisement. The plan is to have half of the efforts go to my Amazon store and half of them go to my Shopify store. As a result, I’ll get to see if that level of trust that is already there with Amazon changes the results I get.
My gut tells me that Amazon is going to be taking the lead in my case.
Shopify is one of the most used products for selling goods online. It launched in 2006 and now powers over 500,000 active online stores, helping to generate billions of dollars in sales each year.
“It lets you organize your products, customize your storefront, accept credit card payments, track and respond to orders – all with a few clicks of the mouse.”
What types of products can you sell? How much does it cost?
These are some of the common questions asked about Shopify and just glimpse into the flood of information you’ll find in this guide.
What Is Shopify Used For?
Shopify enables ANYONE to build and manage their own online store. It’s pretty much “eCommerce for dummies” – so simple that someone who hardly has used the internet before can start selling online.
From the Shopify web-based interface you can log in into your store and manage products, edit your design/layout, and view and process your orders.
How Does Shopify Work?
Using Shopify for the first time is simple. You just follow these steps:
Choose a plan
Create your first store
Add products
Start selling
To explore the features of Shopify, you can sign up for the free 14-day trial. You do not need a credit card to use the trial but you do need to set up payment information before launching your store.
After the trial ends, you need to choose from the various Shopify pricing plans:
Basic Shopify
Shopify
Advanced Shopify
Shopify Plus
Shopify Lite
The first three options are the standard pricing plans while Shopify Plus and Lite are
additional options designed for specific groups of users. No matter which Shopify plan you choose, you get the following features:
Unlimited products
Unlimited bandwidth
Shopify POS
Fraud analysis
Discount codes
Staff accounts
Overview dashboard
Finance reports
Customer support
How can Shopify be beneficial to you?
According to 2017 stats, 8% of all transactions are done online. Moreover, that number is expected to rise up to 16% by 2019.
If you create your own Shopify store and attract a decent number of audience, you can take advantage of the growing online commerce industry.
What Is a Shopify Store?
A Shopify Store is where you market and sell your products. After creating an account or signing up for the free trial, you can start editing your online store unless you choose the Shopify Lite plan.
To help create a custom store that matches your brand, you get to choose from a selection of themes. The Shopify Theme Store includes close to 100 paid and free themes covering a wide range of styles that you can customize to suit your needs. Each theme includes customization options that require no coding skills. However, you also have the option to use custom HTML and CSS to edit elements.
With the simple user interface, you can easily upload logos, add slides to the homepage, or adjust the color scheme and fonts. After choosing a theme and editing your store, you can begin adding products to the store.
All Shopify plans allow you to add unlimited products.
When adding a product, you can upload images, write a description, set the price, and include any other relevant details. Shopify also gives you the ability to organize products into groups such as clothing for men, women, or children.
The next step in creating a Shopify store is selecting a payment gateway. Shopify has its own payment gateway with a set fee based on the plan that you choose. You can also integrate third-party payment gateways.
What Does Shopify Cost?
Shopify offers a 14-day free trial and several paid plans. All three plans include an online store, unlimited products, multiple sales channels, Shopify payments, and the Shopify POS app.
Basic Shopify Subscription Cost
Basic Shopify costs $29 per month and allows you to create two staff accounts. It lacks some of the features provided by the other plans, such as gift cards, professional reports, and advanced report builder.
The transaction fees vary between plans. With the Basic Shopify plan, Shopify charges 2.2% + $0.30 per online credit card transaction. Shopify charges 1.7% for in-person credit card transactions. Using a payment provider other than Shopify results in an additional 2% flat fee.
Standard Shopify Subscription Cost
Standard Shopify costs $79 per month and increases the maximum number of staff accounts to five. The transaction fees are lower, with a 1.9% + $0.30 fee for online credit card transactions.
In-person credit card transactions cost 1.6%. Shopify charges 1% for transactions involving other payment providers. With the Standard Shopify plan, you also gain the ability to create gift cards. You can sell gift cards through your store the same as any other product or give them away to customers as rewards.
The Standard Shopify plan provides you with valuable professional reports. You can filter data based on customer purchasing habits such as one-time customers, returning
customers, and customers by country.
Advanced Shopify Subscription Cost
Advanced Shopify costs $299 per month, allows up to 15 staff accounts, and lowers the transaction fees even more. Shopify charges 1.6% + $0.30 for online credit card sales and 1.5% for in-person sales. When using other payment providers, Shopify charges an additional 0.5%.
This plan includes calculated carrier shipping, allowing you to integrate with third-party
shipping services. Give customers up-to-date shipping rates and additional shipping options.
With the Advanced Shopify plan, you also receive access to a custom report builder and advanced customer reporting. Analyze and track at-risk or loyal customers.
Getting Started With Shopify
Getting started involves selecting from a group of monthly plans and then building your Shopify store.
Here’s a video I put together that runs you through all the steps involved in starting a Shopify store. If you’d prefer to read these steps instead then go ahead and skip to below.
You can start off your Shopify free trial for 2 weeks without any financial commitments. Use these two weeks to set up your store, put some products and see if you can start making sales without paying any monthly subscription fees.
2. Start Your Shopify Subscription
When your Shopify trial expires you will need to choose your Shopify subscription plan to continue using the platform. I recommend starting with the Basic Shopify subscription at the beginning to save on the amount you are spending every month. You can always upgrade later if you discover a need to.
2. Shopify Templates – Choose Your Store’s Design
Now that you’re all set up, you can start building your store. First, select a theme from the Shopify templates. A theme sets the look and feel of your store. Shopify has hundreds of templates to choose from. Once you have decided which theme works for you, you can install it on your Shopify store.
3. Shopify Products – Upload The Product You’ll Be Selling
Next, start putting up products in your store. You can either sell your own product or import them from a website such as AliExpress. Shopify allows both options.
Oberlo is a great plug-in that allows you to quickly add products from AliExpress to your Shopify store. Start filling in information about your products – the title, description and everything else you need to get started.
4. Shopify Apps – Install Your Extra Features
Shopify provides access to thousands of apps for increasing the functionality of your online business. The Shopify App Store includes free and paid apps that offer a wide range of beneficial features. With the right app, you can:
Display customer reviews on your store
Manage your online marketing campaigns
Print labels, packing slips, and invoices
Display a free shipping offer on your site
Complete an SEO audit of your Shopify store
Create impressive contact forms
Sell digital products on your Shopify store
As with plugins for WordPress, the apps for Shopify can help simplify the way you manage your site or help attract more customers.
5. Shopify Payments – Receive Your Customers’ Money
Above all, you need a payment gateway installed on your Shopify store to receive payments from your customers around the world. It allows your store to accept credit cards, debit cards, PayPal payments or other alternative payment options. Shopify comes with a ton of payment gateways ready to install with a click of a button.
Shopify Payments provides a way to accept all major payment methods without using a third-party payment gateway. The Shopify payment gateway comes with all Shopify plans. It eliminates the hassle of dealing with third-party providers and entering the credentials into your Shopify account. With Shopify Payments, your stores automatically accept major credit cards and other payment options. By giving potential customers more ways to pay, you increase your potential sales.
6. Shipping Rates – Configure Your Shipping Costs
Afterward, you need to decide on your shipping rates. Simply put, the shipping rate is the amount of money you charge to have your product shipped.
There are different ways you can go about setting your shipping rates. For instance, you can charge a flat rate which means you charge the same amount every time a customer makes a purchase. Likewise, you can set varying rates depending on the country of origin or based on the item purchased.
7. Shopify Integrations – Connect To Other Websites
You also have the option of selling products on other online marketplaces, social media sites, and your existing website. Shopify supports a variety of sales channels, including:
Shopify-hosted stores
Facebook
Amazon
Pinterest
Messenger
Instagram
“Buy” button on your own website or blog
8. Shopify Domain Name – Brand Your Shopify Store
After the 2-week free trial, you need to have your website online for people to find it. In order for this to happen, you need to have a domain name. Shopify will give you a domain name out of the box. However, if you want something a bit more unique, you can purchase your own domain name or even do it through Shopify and use that for your store.
That’s all you need to know to get started with Shopify!
That’s it! If you have followed those 8 steps then you will have everything in place that you need to start selling!
eCommerce For Dummies – Getting Your First Shopify Sale
Recently, the Shopify Team reached out to me and shared a 21-part video training series on how to get your first sale using Shopify. So if you prefer to undergo training facilitated by Shopify themselves, then head over to How to get your first sale on Shopify training series. On the contrary, if you think that doesn’t work well for you, don’t worry. You can stay on and I will share the step by step process on how you can get started.
What Is Shopify Plus?
Shopify Plus offers enterprise-grade solutions for larger businesses with higher volumes of sales. This plan includes many extra features to help expand your business:
Advanced Shopify apps
Customizable checkout
Unlimited staff accounts
Dedicated 24/7 support
Shopify Plus Academy
Nine expansion stores
Backend automation
With other Shopify plans, you can only build one Shopify store per account. Shopify Plus allows you to build nine expansion stores. The extra stores are useful when expanding into new markets, especially if you need to cater to a different type of customer.
To help you get more out of this enterprise-level plan, you gain access to the Shopify Plus Academy. The academy is an online resource full of training videos, live workshops, and tutorials covering every aspect of the platform.
Another useful feature is Shopify Flow. This tool provides automation for backend processes such as email marketing campaigns. It simplifies the way that you handle customer interactions, giving you and your staff more time for other tasks.
Who should use Shopify Plus? Businesses that generate $1 million or more in revenue each year tend to benefit most. This plan offers the infrastructure needed to take your online business to the next level.
What Is Shopify Lite?
Shopify Lite is a stripped-down version of Shopify for those who want to sell products online without creating a Shopify Store. You still get an overview dashboard and the ability to manage unlimited products. You can also sell your products through social media channels or a “Buy” button on your website or blog. Using the Shopify POS app, you can sell in person.
The main differences between the Shopify Lite plan and the Basic Shopify plan include:
No Shopify online store
Only one staff account
No phone support (email and live chat only)
With this plan, you are getting just the resources for selling products. If you already have a website but need to simplify your inventory management and payment gateways, this may provide a more convenient and affordable solution.
What Is Shopify Pay?
Shopify Pay offers customers an accelerated checkout process. This feature is only available when using Shopify Payments on your store.
If you enable Shopify Pay, customers have the option to save their credit card, shipping, and billing information. This saves them time when completing future purchases.
Shopify stores the information on its PCI-compliant servers and only shares the data with your store when the customer places an order.
The next time that the customer makes a purchase, Shopify takes him or her directly to the order review page. He or she receives a six-digit code via text message. After the code is entered, Shopify processes the order.
What Is Shopify POS?
Shopify POS allows you to complete transactions in person while syncing sales with your Shopify account.
The Shopify POS app acts as a point of sale (POS) system on iOS or Android devices. With a custom shopping cart and the ability to accept multiple payment methods, you may sell products anywhere, such as markets or special events.
With the Standard Shopify and Advanced Shopify plans, you can add extra features to the POS system. Using register shifts, you can track individual employees and hold them accountable when balancing the register. You also gain unlimited staff PINs for adding staff accounts to the POS system.
What Is Shopify – Wrap Up
In the end, Shopify offers one of the easiest eCommerce solutions. Instead of using a variety of platforms and services to handle payments, inventory management, and marketing, Shopify provides everything that you need to sell online.
While you can use Shopify with an existing website or eCommerce platform, you have the option to build your own Shopify-hosted store.
A Shopify store simplifies the way that you sell online. You can easily add products and manage orders.
To start building your own Shopify store, you just need to sign up for the free 14-day trial. Just remember that you cannot go live until you choose a paid plan.
This article explores the features of both a Shopify store and a Wix store. We look at the cost, apps, themes, ease-of-use, seo and customer service prov supported by both, how these two fair in terms of ease of use, cost, and support, then go ahead and click on the video or scroll down to learn more.
Shopify has been an e-commerce platform for a long time. On the other hand, Wix started off as an online website builder but has now integrated an online store option as an add-on. Wix has improved over time and now offers a lot more features and functionalities.
To see the Shopify vs Wix eCommerce review in video then check out the YouTube video I created on the topic below. For a more detailed, written review, keep reading…
Shopify vs Wix – Themes
Wix Themes
When you have a Wix site built, you can’t go from one theme to another. Sadly, the first theme you choose when building your site is going to be the theme you are stuck with throughout the rest of the process.
If you want to change the theme you have to start another website from scratch and then import the data from your old site to your new site. This is a MASSIVE setback.
Shopify Themes
With Shopify, you can switch themes super easily. If you start with a theme and later down the line decide you want to change it, it won’t be a problem.
As mentioned earlier, Shopify has e-commerce at its core. This is also obvious with the way their themes are built. The themes are not only absolutely beautiful, they also help convert sales. It’s apparent that when these themes are built, sales conversion was kept in mind.
Another major plus point is that Shopify focuses on the customers by making their visiting process as simple as possible.
Again, Shopify wins in terms of theme customization. Their themes win you aesthetically as well as functionality wise.
Shopify vs Wix – Apps
Wix Apps
Wix was criticized in the past for not having many apps or enough support for online stores.
All that has changed. Wix, on top of being a general website builder, has added store functionality into the platform. There are now more apps and functionality than before. These apps fall into several categories – Social apps, Forms, Booking App and so much more.
To guarantee your site visitors that your website is secure and protected, you can add the McAfee Secure functionality. There is also an option to add Paypal Buy It Now button or integrate metrics to the site. If you’d like to sell t-shirts, you can also add a T-shirt plugin.
Wix offers a lot of apps and functionalities that can enhance your online store. With the improvements we’ve seen with Wix, the criticisms it has received in the past seems to have not existed at all.
Shopify Apps
If you start filtering the most popular apps you will realize that the Shopify App store is kitted up with apps. Similar to Wix, the apps also fall under several categories like Marketing, Sales, Social media and many more.
Shopify’s bread-and-butter is E-commerce. As opposed to Wix, there won’t be many apps on general website development and design. The apps that are available are focused on how you can sell more products in your store. The number of apps you can see under one category outnumbers the e-commerce related apps on Wix. With Shopify you have a lot of apps to choose from that can work for your business and help you be effective in selling more products.
Shopify is an e-commerce platform at heart, where Wix is a general website platform with an add-on for e-commerce. So, it’s only fair to say that Shopify is more equipped with e-commerce related apps than Wix.
Shopify wins in this area.
Shopify vs Wix – Pricing
Wix Pricing
Wix’s plans start cheap and you have 5 options to choose from. The only setback is, if you want to build an online store with Wix, you need to be on the e-commerce plan at least. This plan starts at $17/month.
If you are just starting out and on a tight budget, you can go with the $17 Wix online store plan or upgrade to the next one which is $25/month.
Shopify Pricing
The cheapest plan you can get with Shopify is $29/month. It’s the most basic plan Shopify has. It has everything you need to have an online store up and running.
I’ll go on to say that Shopify has a wealth of more features for $29 than what Wix has for $25. But if you already have a Wix website and wish to add an online store to it, go with the $17 e-commerce plan for a Wix online store.
Shopify vs Wix – Ease Of Use
Wix Ease Of Use
Wix is an online drag-and-drop website builder. Anyone with zero to none experience in coding can build a website with Wix super easily. It’s completely beginner friendly. If you know nothing about codes, Wix is a platform complete novices can easily customize.
If you hover on a product in Wix’s products area, the Manage product area will let you see an abundance of options you can work with to manage your product. Wix also gives you an option to add a digital or physical product to the store. These options further prove the amount of customization you can make on a product using Wix.
Shopify Ease Of Use
There are several ways you can customize your store to sell products to target customers.
Shopify lets you edit preset areas on your themes. You can also import products in bulk. In addition to all the basic features you can add to your product, Shopify also lets you add the product’s barcode. To be able to do an advanced level of customization in Shopify, you need to know how to code.
In terms of general e-commerce functionality Wix doesn’t do that bad. But if you do an in-depth investigation, Shopify takes the lead.
Shopify vs Wix – Customer Service
Wix Support
Wix has a huge help center, covering a plethora of different topics. With Wix, if you need a speedy priority support, you need to pay a premium price to get the priority support.
Shopify Support
Shopify has got way more in terms of support. Shopify has wealth of information available on how to deal with technical difficulties, managing accounts and migrating to Shopify. There’s also a Shopify community where you can access learning resources and look into how other people are using Shopify for their online stores. It also supports the developers who are designing themes and APIs for Shopify.
It helps you with non-technical skills as well. Moreover, it offers help on topics such as ‘how to sell online’ and ‘how to sell in person’.
In short, Shopify has everything covered. The icing on the cake is the fact that Shopify’s support is live 24 hours a day, 7 days a week.
Shopify wins, hands down, for support.
Shopify vs Wix – Wrap Up
Shopify is a better e-commerce platform to use if you wish to start an online store. It has better functionality and has wealth of features available. Its prime focus is to sell products online.
Shopify can be integrated with Amazon, Facebook, Messenger and many other platforms. It can even integrate with your physical brick and mortar store.
Although you should not completely disregard Wix if you are just trying out, or if you already have a Wix website and you want to turn it into a store.
It is going to be difficult for Wix, being a website builder, to target e-commerce the way Shopify does.
If you are a hardcore e-commerce person, go with Shopify. If you are just entering the e-commerce arena, go with Wix. It’s easy and beginner friendly.
If you wish to start with either Shopify or Wix make sure you use these links below for a two-week free trial with either platform.
One of the major keys that determine the success and failure of an online T-shirt business or any other business for that matter is the ability to identify problems and challenges that surround the business and finding solutions to those problems.
I will be sharing some of the problems I have encountered since setting up my online T-shirt business and how I solved them so that you can learn from my mistakes and avoid them while starting up your online T-shirt business. Click on the video or read on the find out what they are.
Customs Charges
Problem:
This is one of the first major problems I’ve had in selling T-shirts online. As a rooky who’s just starting up an online business, I didn’t know that there would be customs charges when I ship internationally. Customers had to pay additional charges to Royal Mail before they could get their products and because I didn’t know about it, I never mentioned it on my website.
Because of this, my products gained negative reviews and eventually became less appealing to customers.
Solution:
I did a survey to find out how other online T-shirt stores who also ship internationally handle the same problem. As a result, I discovered that they had a disclaimer on the website informing customers that depending on their location, they may be required to pay additional customs charges when the product is delivered to their door. I followed suit and added a disclaimer to my website too.
On top of that, I also added that refusal to pay this fund upon delivery might lead to Royal Mail’s refusal to deliver the product and that we hold no responsibility of resending the package.
I had this problem because I run a UK based business but work with an American supplier. If I were working with a UK supplier, my UK customers wouldn’t have to pay any customs charges. So the ultimate solution is for me to find a UK supplier since my major focus is selling to UK audience.
Return Policy
Problem:
Whenever I get an order from a customer for a T-shirt from my site, I place an order from the manufacturer and have it delivered to the customer. This implies that I have to pay upfront to get an order processed. If a customer asks for a refund, I technically shouldered the expense for that T-shirt to be printed and shipped. That doesn’t sound good right?
Solution:
I have explicitly stated in my return policy that any order of T-shirt designs are final and I will not be doing any returns or refunds as a result of the customer’s dislike of the design. This is because, in my opinion, customers should take responsibility for their choices.
The only instance where a refund is given is when there is a faulty delivery. I can’t build my brand or have my T-shirt store deliver faulty products to customers then just ignore their complaints. In that instance, I either pay the customer all the cost he/she incurred or offer them a replacement.
I did not ask the customers to send the products back for me to examine because I don’t have a fixed address. Instead, I required them to send me a picture of the T-shirt, the receipt, and the original packaging. If the pictures confirm the reported fault, I send the refund right away.
Copyright
Problem:
Before you can use a logo you like, a picture of a well-known person, a scene from a movie or a famous quote, you need a written permission from the owner.
Solution:
Ensure that you do your research yourself and you don’t go about working with logos, pictures, and designs that are covered under a copyright. Try to learn a thing or two about copyright. If you find yourself doing something that you are not sure whether or not you are violating a copyright, try to consult an attorney for clarification.
Check out my video on copyright law and t-shirt designhere.
Marketing
Problem:
Your choice of marketing channel plays a major role in the success and failure of your online T-shirt business. Before you go about investing in a marketing channel, you need to be very sure that you will get your money’s worth.
Solution:
I personally wouldn’t recommend Facebook for instance because I have invested quite a lot of money in it without getting a tangible return. I will not be discussing much of the problems relating to marketing, for more info on it, check out the video I made on the potential issues of cost of marketing.
Bottom-line
Make sure you understand how custom charges work. Try to cover your back if it is going to be a problem. Make sure you have a good refund policy that works for you and sustain a distinguished reputation for your business. Make sure you use a marketing channel that works for you. Try as much as possible to ensure that you don’t violate any copyright infringements.
Did you know that there is a way you can pay 0% tax on Amazon Merch?Watch the video or read below to find out how I did it.
Hint: The steps I’m about to share will only work for non-U.S sellers. You have to be someone working outside of America for this to work.
Here’s the 5 step plan I followed to get 0% tax.
Log in and head to My Account area
Log in to your Amazon account. Head over to My Account and click on the Tax Information tab. If you are filling it out for the first time you are good to go. But if you have already submitted your tax information in the past you need to click on Update Tax Information.
Take the Interview
Once you click on Update Tax Information you’ll be guided to a button that says Take Interview. Press that and you’ll be prompted to a Merch by Amazon Tax Information interview. This is where you tell them that you are not a US seller.
Tax Information Interview Page
Fill out your Tax Information
Now, this is the most important part of the deal. I filled it out incorrectly last time and ended up getting a 30% withholding tax deduction on my first month’s earnings.
Follow these steps:
Select the Type of Beneficial Owner you are – you are most likely an “Individual” unless you have a company registered in your home country.
Select your country where you are living
Enter your full name
Enter your address details and mailing address
Select no, where it says are you acting as an agent or intermediary.
IMPORTANT:Don’t check any of the boxes in the U.S. person tests – individuals. If you click on any of these, it’s going to register you as an American citizen and charge you a Tax based on American rates.
U.S. Person Tests – Individuals
Choose I have a Foreign (non-US) Income Tax Identification Number
Select the option that says ‘I have a foreign (non-US) income tax identification number’. Amazon basically needs to know that you are going to give your taxes in your own country. Then Click Save and Continue.
Tax Identification Number
Fill in the country you live in and check mark the box where it says you have reviewed the tests that appear in Article 4 of the treaty…
Scroll down and it’s going to ask you for you non-U.S. tax identification number.
Foreign (non-US) Income Tax Identification Number
If you are in the UK, you might be wondering what on earth is a Tax Identification Number (TIN)? From what I know, you can put your National Insurance Number in this box.
Put in your National Insurance Number and proceed to Save and Continue. Amazon will now prompt you on a screen that says, Congratulations you are now on a 0% tax.
So, simple as that. If you have a foreign Income Tax Identification Number, you can register yourself as a Non-U.S. person on Amazon and get 0% withholding tax. You don’t need to pay the taxes because you’ll be paying the ones in your own country.
DON’T FORGET!
If you don’t put the TIN, Amazon is going to, by default, tax you with 30% of your monthly sales. On the other hand, if you are in the UK, you can put your National Insurance Number. If you are in any other part of the world you need to know your Tax Identification Number in order to get a 0% tax on Merch by Amazon.
I hope that’s useful. I didn’t know this when I first started with Merch by Amazon. I’m sure lots of people out there have a similar problem. Imagine how much you can save without the 30% tax charged by default just for incorrectly filling out the form!
Have you faced any problems setting up your tax settings on Amazon Merch? Do you know of other ways you can get around the tax deduction as a Non-U.S. Citizen? Do let me know in the comments section. I’m really interested in knowing what has worked for you and all the different approaches that can help one get around similar problems.
The Shopify affiliate program is one of the highest affiliate programs on the web at the moment. I’ve been making close to $1,500 a month using it!
In this article, you’ll learn how the Shopify affiliate program works (payouts, pros, and cons) and how to join it.
The video below will give you a succinct tutorial on the exact steps you need to follow to become a Shopify affiliate.
Keep reading the article below for more detail and also an extended look into elements of the Shopify affiliate program.
How Does The Shopify Affiliate Program Work?
Basically, you earn by promoting the Shopify platform. When new customers use your affiliate link to make a purchase, Shopify pays you a 200% commission every time.
I’m often asked what are my favourite affiliate programs and which am I making the most money from. It depends on the type of products you will promote. I recommend Amazon Affiliates for promoting physical products. However, one of the highest paying affiliate programs for digital products that I am currently making from is the Shopify affiliate program.
Shopify Affiliate Program Payouts – How much can you make?
Shopify’s most basic plan is at $29. Shopify affiliate earn $58 for every $29 plan customers purchase! The advanced plan goes as high as $299. When a person uses your affiliate link to sign up for the advanced plan, you get $598 back. This means you could be earning $600 per person when they sign up using your affiliate link.
I have been tracking my progress with Shopify Affiliate program for the past 12-13 months.
To show you how much I’ve made at this time, and to give you an insight into how much you can make, take a look at my Shopify payout screen:
Benefits Of The Shopify Affiliate Program
The Shopify Affiliate Program offers many benefits for beginning and experienced marketers:
You receive large commissions, especially during the first two months. Earn $58 on
average for each new referral that joins a paid plan and $2000 for each Shopify Plus
referral. Shopify even nurtures the referrals to help increase the chances of earning
a commission.
Shopify offers multiple ways to earn commissions. You can refer new customers, sell themes to existing Shopify users, or develop and sell your own apps on the Shopify App Store.
Gain access to marketing resources, training, and an affiliate dashboard. If you are
new to affiliate marketing, you benefit from a vast collection of helpful content
including tutorials and training courses.
Shopify provides priority support. As a Shopify Partner, you get fast support via
email, phone, or live chat. You even get a dedicated Affiliate Manager to help walk
you through any issues.
Shopify makes it easier to market its services, giving Shopify Partners access to a
wide range of linkable content. Use blogs, video tutorials, webinars, and automated
funnels to help attract new referrals.
You get to promote a quality product through the Shopify Affiliate Program. Shopify offers a reliable eCommerce solution designed for everyone from bloggers to large
businesses, allowing you to honestly promote the value of their plans.
Negatives Of The Shopify Affiliate Program
Signing up for the Shopify Affiliate Program is a great way to earn large commissions but the program does have a few potential drawbacks:
The cost of the plans may deter some users. After you refer a new user, the user
needs to choose a paid plan before you earn a commission. Due to the costs, many
users bail after the 14-day trial period ends.
Joining the Shopify Affiliate Program provides access to helpful Shopify apps to
increase your marketing potential but many of the apps require monthly fees. Some
of the apps are available as free plugins on other platforms such as WooCommerce
or WordPress.
Building themes requires developers to learn Liquid. Selling Shopify themes to
existing users is one of the ways to earn a commission but requires the use of the
Liquid templating language. While the language is open source, not a lot of people
use it, limiting the available documentation for building Shopify themes.
The approval process for the Shopify Affiliate Program may take up to five business
days. While Shopify approves most applications, the company denies some users for a variety of reasons. Shopify may deny your application if you run an affiliate
network, promote a coupon or discount website, or try to promote Shopify on a
gambling or gaming website.
Shopify Affiliate Program Payment Frequency
Shopify makes payouts to you every two weeks. When I started out, I was getting $29 every two weeks. There have been months where I’ve made $174, $290, $348 and even $666. It starts small and then just grows. It also sort of reflects how Shopify is growing as a platform.
If you are targeting an audience who is interested, Shopify affiliate program can turn out to be very fruitful for you and it can really pay you out some significant affiliate income.
How To Join The Shopify Affiliate Program
Shopify Affiliate Program is completely free to join. You can sign up for the Shopify affiliate program using this link. Once you are done, Shopify will provide you with a unique affiliate link. Whenever someone uses your link to join the Shopify platform as an online store or retailer you get a $200 commission payout.
Shopify Affiliate Program – Wrap Up
What I have learned from the Shopify Affiliate Program is that if you are genuinely promoting affiliate products that you are interested in and are passionate about, that’s going to show through. You become successful by creating authentic content to an audience that shares the same interests and passions as you.
Promote good products that you are genuinely passionate about to a passionate audience and you are halfway there to seeing your affiliate success.
If you have made any success using any affiliate program, do let us know in the comments section.
https://youtu.be/k7nKzt9sT18For many of you starting out with Shopify, one of the many concerns is ‘How does Shopify pay you?’. I’ll take you through the process that takes place from the time a customer makes a purchase until the money lands into your bank account. I’ll also be covering different payment providers you can use to accept store payments, the advantages and disadvantages for using each, how long it usually takes to get money to your account and whether the process is automatic or manual. Click on the video link or read on to know more.
Payment Options with Shopify
There are a ton of different payment providers you can use to receive payments. This confuses a lot of people because it seems like a complicated process. If I’m not mistaken, there are over 70 different payment providers. There’s a lot because Shopify’s goal is to cater to everyone’s needs. Wherever you are and whatever type of bank account you have, you are guaranteed to receive money that customers pay you through your Shopify store.
The Process of Receiving Money through Shopify
When you set up a Shopify store, you have to install a payment provider. A payment provider is a company that is responsible for processing payments and for sending money off to your personal account.
Shopify Payments
Shopify has its own payment provider called the Shopify Payments. This is the default integrated payment gateway that you bolt into your Shopify store.
Third-Party Providers
Shopify also lets you integrate third-party payment providers like PayPal, Amazon Pay, and Stripe.
The Step by Step Process
A payment processing period can take a couple of days. The processing period starts from the point the customer provides their card details to the point you get to receive the money in your account.
Step #1 Customer Purchase
The customer pays for the product from the website by giving out his/her credit card information, address along with other personal information to the payment provider.
Step #2 Payment Starts to Process
The payment provider which you have integrated with your Shopify store has to process that payment. The payment provider is responsible for validating payment details like if the customer has money for payment in the bank account or if the credit card payment went through successfully. The process can take a couple of days.
Step #3 Payment lands in Merchant Account
That payment the customer paid lands into your merchant account. It’s not your bank account but a virtual merchant account. This could be your Shopify payment account, your PayPal account or any other virtual merchant account that sits on the internet provided by your payment provider.
Step #4 Money lands in your Personal Account
After the money has been cleared and landed into your merchant account, the next step is to transfer the funds to your personal bank account. Depending on the payment provider you opted to use, this can happen automatically or manually wherein you get to decide when to actually withdraw your funds.
Different Payment Providers to Help You Get Paid on Shopify
The processing period and the choice of whether to manually withdraw your funds or have it sent to a bank account depends on the payment provider. You do not necessarily have to use just one payment provider. This means you can use Shopify payments (which as mentioned earlier is the default) and have a Paypal option(third-party payment provider) on your store as well.
Shopify Payments Gateway
Using Shopify Payments gateway instead of any other third-party payment gateway comes with its own advantages.
Shopify Payments Gateway
No Extra Transactional Charges
Shopify payments don’t charge any additional transaction fee. Third-party payment providers take a transaction fee from every purchase made on your store as handling charges of the credit card payments.
No going Off the Store for Payments
Moreover, the Shopify payment gateway is integrated into your Shopify store. The product is not taken off your store when a customer decides to buy it. They are prompted to fill in the required credit card details and continue to the confirmation screen. Many third-party payment providers require your customers to go off your store to another page to fill in the credit card details for the payment. This can result in loss of sales.
Automatic Transfer of Money to your Bank Account
Another major advantage of using Shopify Payments is that the money is automatically sent to your personal bank account. A customer pays for a product, after a few days of processing, the money goes to your Shopify merchant account and from there directly to your personal bank account. No manual processing required.
Track Financial History
Using Shopify, you can keep a track of your money, how much has been cleared and how much is still pending, all within the Shopify admin panel. You can simply log in to the back end of your Shopify store and get a complete history of your financial payments.
Track Financial History
Limited Availability
All these advantages do come with a little setback. Shopify Payments is only available to stores based in certain countries. If you are outside any of those countries, you’re not going to be able to use Shopify Payments.
These are the countries wherein Shopify payment is available:
United States
Porto Rico
Canada
United Kingdom
Ireland
Australia
New Zealand
Singapore
The payment processing period varies depending on the country you’re in.
If you are in the US, it will only take two days to clear your payments and get them into your merchant account. In Canada, it takes up to three days to process the payments and it takes four days if you’re in the UK. The time ranges from 2 to 4 days. You can find out how long the payment processing period for your country is on the Shopify website.
Once it is in your merchant account, it can take 1 to 3 days to land to your personal account.
Third-Party Payment Gateway
Third-party payment gateway
So, how does Shopify pay you if you aren’t in any of these countries? People who have stores based in other countries can use many of these third-party payment gateways. The payment providers are going to change depending on what country you are based in.
As already mentioned, there are 70 different payment providers that Shopify supports. So, no matter where you are in the world you will have some payment gateway that will help you transfer money to your bank account from the purchases made on your Shopify store. You have two types of third-party payment providers:
Direct Payment Providers
External Payment Providers
Direct Payment Providers
These are third-party payment providers that are integrated into your Shopify store. Using these gateways, your customers don’t have to go off your store to fill in their payment details. Everything happens in your store area on Shopify.
External Third-Party Payment Providers
If you use external payment providers, your customers will be taken off your Shopify store to another page where they enter their card details. Hence, as mentioned earlier, this can reduce trust and result in loss of sales for you.
If you are going to use a third-party payment gateway, you should be using a direct payment provider.
Third-party providers charge a transaction fee for every purchase made on your store. The amount is equivalent to a percentage of the purchased product. These are treated as handling charges. If you are in a country where Shopify Payment is not available, this is a complete disadvantage. Unfortunately, there’s no way to go around it.
Wrap Up
I hope this discussion has clarified any questions you might have on, ‘How Shopify pays you’.
In a nutshell, a customer makes the purchase from the website by filling out his credit card information along with some other personal information. It can take a few days to process and for the funds to land into your merchant account. From there, it can either go to your personal account automatically or manually. Choose a payment gateway that is available in your country. There are Shopify payment gateways or third-party payments you can choose from. If you opt to use a third-party payment, you can decide whether to get a direct payment provider or an external payment provider.
No matter where you are, as long as you put in hard work, time and effort in learning e-commerce, finding a good product that people are going to buy, there is a way for you to make money from an online store.
If you wish to start with Shopify today, use this link to get a free 14-day trial on Shopify.
Are you interested in knowing more about the pricing strategy I used to ride the wave of increase in sales on my 5th month? If so you’ve come to the right place. You can click on the video link or read on below to learn more.
Most of the standard t-shirts come around at $12.87 per shirt. For premium t-shirts, it’s around the mark of $14.87. It definitely goes up for long sleeves sweaters, shirts and for other variations too. I try to find prices that make me no profits but no losses either.
Why do I do that? To get my shirts noticed and bought as soon as possible.
My Strategy To Reach Tier 500
When I was at tier 10, 25 or tier 100, I was purely focusing on increasing my chances of selling t-shirts. My main objective was to get to the higher ranks – reach tier 500 or above as soon as I could.
To do that, I figured customers would want to see my pretty cool designs at such low prices so that right then and there, they can instantly start buying.
The Goal
Simply put, my aim was to get the lowest best selling ranking (BSR) number possible. BSR basically represents how much sales you are making in a day. The lower the number, the better. Amazon rewards those who have the best selling shirts by letting them appear more in the search results. So the lower the rank your t-shirt has, the more visible it is to customers out there. My initial goal was to get a BSR number under 50,000 which is a good indicator that my shirts are selling well.
How And When Do I Price Increase
As soon as I get a sale, I increase the price by $1. If I make a sale at $12.87, I increase it to $13.87. When I make a sale at $13.87, I increase it to $14.87. More or less, you get the point.
I continue with this approach until I reach a limit and stop making sales. By then, I know what my pricing strategy’s sweet spot is. The sweet spot is when I get to make the most sale at the highest possible price. I adjust my pricing to reflect what the sweet spot is and let it be for a period of time.
With this strategy alone, I’ve reached the Tier 500 level, made as much as 270 organic sales, and earned up to $700 profit without any external advertising.
The Cons Of Using This Strategy
Using the strategy made me close more sales and move through the tiers as quickly as possible. I wasn’t earning any profits though.
Like I said, I was pricing my shirts really low and every time I made a sale I slowly increased the price. This also meant that my royalties at the start, during the first 4 months, didn’t have any significant increase.
As you can see below, my earnings in the first 4 months, were all pretty low.
May 2018 Estimated Earnings
Despite this, the strategy was proven effective in increasing my rank, enabling me to reach Tier 500 and earn a considerable amount in my 5th month. It was a quite a long-term investment, but all the efforts paid off by the 5th month.
Alternative Pricing Strategies
I realized after sharing this strategy with my patrons and with various Facebook groups, that there are alternative methods that can be used to avoid having minimal to zero profits in the first few months.
Start High Versus Low
One alternative is to start high versus low and adjust the pricing as needed. In the earlier example, rather than starting at $12.87, start at $19.99. You may not make as much in sales but you get a higher royalty (roughly $5 to $6) in every sale you make. Over a period of time, if you notice you are not making much in sales, then adjust the pricing to a lower amount. You limit the risks using this approach while guaranteeing higher royalty.
Average Pricing
Instead of starting at $12.87 or $19.99, price at $14.99. The price is low enough to potentially get the attention of the buyers but not high enough to turn them off. While most shirts are listed at $18.99 or $19.99 when they see your shirt at $14.99 they’ll be thinking ‘oh I found a bargain here’ and get the shirt. I’m also inclined to be earning as much as $2 for each sale using this method.
That wraps up the Amazon Merch pricing strategy I used and plan on using in the upcoming months. If ever I come across a new and comparatively better process, I’ll definitely let you know.
What pricing strategy do you use on Merch by Amazon? Do you use the same as mine or do you use a completely different strategy? Do let me know in the comments section below.
If you’d like to know more about how I started and learn from my mistakes, download my Amazon Merch Getting Started guidehere.
