Shopify's app store declares 'zero sales commissions up to the first 100 million yen'
Although it is an app store where app developers can expand their
The Most Flexible, Scalable, and High-Performing Shopify Ever: Major Platform Investments Unveiled at Unite 2021 Give Entrepreneurs Limitless Creative Power
https://news.shopify.com/the-most-flexible-scalable-and-high-performing-shopify-ever-major-platform-investments-unveiled-at-unite-2021-give-entrepreneurs-limitless-creative- power #
To our partners: on Aug 1st we are removing all revenue share on your first $ 1M. That means you will keep 100% of your first $ 1M when you sell on @Shopify's app store.
— Harley Finkelstein (@harleyf) June 29, 2021
The best part? At the end of every year, the numbers reset. Every single year, your 1st million is all yours. Pic.twitter.com/jA5QXHq3i4
Shopify, the second-largest e-commerce site after Amazon, has announced that it will not charge a fee for the first $ 1 million of its app store sales from August 1, 2021. .. A sales commission of 15%, which is reduced from the 20% that was previously imposed, will be charged for the amount exceeding 1 million dollars, but the standard of 'first 1 million dollars' will be reset every year. In addition, this mechanism is also applied to the 'theme store ' that handles templates set by the seller in the store, and it is said that a standard of 1 million dollars will be set separately from the app store.
' Developers working as Shopify partners generated $ 12.5 billion in revenue, up 84% year-on-year in 2020 alone,' Shopify said, emphasizing app store profitability. .. He added that more than 1.7 million sellers around the world are using the theme, citing the advantage that developers who meet diverse needs have more opportunities to play an active role than ever before.
With a series of criticisms that app sales fees are 'too high' on various platforms, theGoogle Play Store and App Store will set a fee of 15% for sales of less than $ 1 million. Announcements and the Amazon Appstore conditionally reduce commissions to 20%. Under these circumstances, Shopify set its own fee, and it turned out that it will go on a route that sets it apart from other companies.
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