Shopify is a leading eCommerce platform that helps businesses of all sizes build and grow online stores. It offers powerful tools for selling internationally, either through a full-service package or by choosing features as needed.
While Shopify coupon codes which they rarely offers but knowing its pricing and global selling options can help you save on fees. This article covers Shopify’s Managed Markets, à-la-carte features, and why it’s a smart choice for international sales.
What is Shopify?
Shopify is a comprehensive eCommerce platform that enables users to build, customize, and manage online stores. With a variety of themes, integrations, and advanced selling features, Shopify makes it easy for anyone to set up an online shop, even without technical expertise. Shopify provides tools for managing products, processing payments, tracking inventory, and analyzing sales, all within one platform. The platform is highly versatile, with plans that scale as your business grows and add-ons tailored for specific industries, such as retail, wholesale, and international selling.
For merchants aiming to expand their business globally, Shopify offers specific international features and services, including currency conversion, localized payment processing, and tools for handling duties and taxes. These international tools make it simpler for businesses to sell to customers worldwide, providing a seamless shopping experience that helps build trust and boost conversions.
Shopify's International Selling Options
When it comes to international selling, Shopify provides two main options for handling fees, payments, duties, and other international considerations: Managed Markets and Flexible à-la-carte features. These options are designed to meet different needs, allowing merchants to either manage everything themselves with Shopify’s core tools or opt for a bundled, hands-off approach with Managed Markets.
Option 1: Managed Markets – The Complete Package
The Managed Markets package is Shopify’s all-in-one solution for international selling, designed for businesses that want to streamline their global sales process. Managed Markets combines core Shopify tools with exclusive features for handling international payments, duties, taxes, and shipping. This package removes many of the complexities of international sales by automating key elements, such as currency conversion and tax registration, allowing businesses to focus on growth instead of logistics.
Here’s a breakdown of what’s included with the Managed Markets package:
- Fees: 6.5% per transaction, which includes local payment processing.
- Currency Conversion: A 2.5% currency conversion fee is automatically built into product prices to cover exchange rate fluctuations, ensuring full price transparency for customers at checkout.
- Shipping Rates: Exclusive express and standard shipping rates (separate shipping label rates apply).
- Duties and Taxes: Automatic calculation, collection, and remittance of duties and import taxes. Tax registration, filing, and remittance are included (VAT and IOSS).
- Additional Features:
- Guaranteed exchange rates for up to 30 days
- Customs pre-clearance and local acquiring
- Fraud and chargeback protection
- Automatic activation in 150+ markets
- Unlimited HS code classification
The Managed Markets package is ideal for businesses that need a hands-off approach. It includes comprehensive tools for handling taxes, customs, fraud, and localized payment methods. This package is designed for merchants who want to streamline international selling without managing these components independently.
Option 2: Flexible à-la-carte International Sales Tools
For businesses that prefer more control or have fewer needs in terms of international features, Shopify offers a Flexible à-la-carte option. This option allows merchants to activate Shopify’s core international selling tools without committing to a full-service package. Fees are applied only to specific services as needed, making this a more flexible choice for businesses looking to manage international sales themselves.
Here’s what the à-la-carte option includes:
- Fees: Approximately 4.2% per transaction for standard consumer cards, with variations based on the Shopify plan.
- Local Payment Processing: Included as part of Shopify Payments, providing a local payment experience with no additional fees for international orders.
- Duties and Import Taxes Calculator: A 0.85% fee per transaction when using Shopify Payments (1.5% if using an alternative payment provider). Available to Advanced and Plus merchants, this tool calculates duties and import taxes automatically.
- Currency Conversion: A 1.5% currency conversion fee is built into product prices, helping offset the cost of exchange rates. This fee provides a transparent checkout experience, allowing customers to see the exact price without incurring additional credit card fees for currency conversion.
Not Included in the Flexible Option
The à-la-carte option does not include features exclusive to the Managed Markets package, such as guaranteed duties, automatic remittance of duties, customs pre-clearance, fraud protection, or restrictions management. If these elements are essential to your business, Managed Markets might be a better fit.
This option is ideal for businesses that want more control over international selling processes, only using the tools they need. It’s a flexible solution that allows merchants to keep costs low by selecting specific services.
Why Do I Recommend Using Shopify for International Selling?
Shopify’s robust international selling features make it an ideal choice for businesses that aim to reach a global market. Here are some key reasons why Shopify stands out for international eCommerce:
- Comprehensive International Tools – Shopify provides everything from currency conversion and local payment processing to duties and tax calculation, simplifying international sales and improving the customer experience.
- Flexibility for Different Business Models – Shopify’s Managed Markets option offers a complete package for businesses that want a hands-off approach, while the à-la-carte features let businesses customize their international sales experience based on their unique needs.
- Transparent Pricing and Transaction Fees – Shopify’s structure ensures that all fees are clear, providing transparency for both merchants and customers. The currency conversion fee, for example, is built into the product prices to give customers accurate costs at checkout.
- Localized Payment Methods – Shopify supports local payment methods, helping increase conversions by offering familiar payment options for international customers.
- Global Shipping Solutions—With exclusive express and standard shipping rates and customs pre-clearance, Shopify makes shipping internationally easier and faster, helping businesses reach their customers more efficiently.
- Dedicated Fraud Protection – Shopify’s Managed Markets include fraud and chargeback protection, helping safeguard international transactions and reducing potential losses.
Shopify Pros and Cons for International Sales
Pros
- Flexible pricing with two options for international fees
- Automatic currency conversion for transparent checkout
- Customizable international tools with à-la-carte features
- Comprehensive package with Managed Markets for a hands-off approach
- Local payment processing and acquiring for a better customer experience
- Guaranteed exchange rates and tax compliance
- Fraud and chargeback protection with Managed Markets
Cons
- Managed Markets fees may be high for small businesses
- Certain tools are only available to Advanced and merchants
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Conclusion
Shopify gives businesses the tools to sell globally, whether you need a full-service solution with Managed Markets or want to pick and pay for specific features. While it doesn’t usually offer coupon codes, choosing the right plan can help you save on fees.
No matter your business size, Shopify makes it easier to grow internationally. Just pick what works best for you and start selling worldwide with confidence.
