Lesson 3: Setting your price

It’s presently an ideal opportunity to settle on a cost for your item’s posting. This is the price your buyers will pay for your product.

You may utilize the Compare at price section to express how much the product would normally cost, especially if it’s a discount. For example, we could insert the original price of three bottles here to illustrate savings on buying our spicy sauce three-pack. However, I advise avoiding doing so unless you have a strong reason, especially if you’re selling high-end items, since it may devalue their perceived quality.

It’s also possible to leave out the Cost per Item column. You may use it to track your profit margin for a specific product if you like. This is only available on the Shopify plan or higher, and it allows you to track profit in your profit report.