[Solved] How can we calculate the discount on Shopify?

Calculating how can we calculate the discount on Shopify involves using the built-in functionality provided by the platform. You can set up automatic discounts or apply manual discounts to products in your online store. Here’s how you can do it:

1. Log in to your Shopify admin dashboard:

Access your Shopify store’s admin panel.

2. Navigate to Products:

In the left sidebar, click on “Products.”

3. Select a Product:

Choose the product you want to apply a discount to.

4. Edit the Product:

Click on the product to edit its details.

5. Add a Compare at Price:

Under the “Pricing” section, you can enter a “Compare at price,” which is the original price of the product before the discount.

6. Add a Sale Price:

Below the “Compare at price,” enter the sale price of the product after the discount. To calculate discounts using Liquid code in Shopify, you can utilize the built-in discount features that Liquid offers. Specifically, you would work with the product.price and product.compare_at_price variables to calculate and display the discount amount or percentage.

7. Here’s an example of how you might achieve this:

{% assign regularPrice = product.price %}
{% assign salePrice = product.compare_at_price %}

{% if salePrice and salePrice > regularPrice %}
  {% comment %}
    Calculate the discount amount and percentage
  {% endcomment %}
  
  {% assign discountAmount = salePrice | minus: regularPrice %}
  {% assign discountPercentage = discountAmount | times: 100 | divided_by: salePrice | round: 2 %}
  
  <p>
    Save {{ discountPercentage }}% - ${{ discountAmount | money }}
  </p>
{% endif %}

8. Save the Changes:

Click the “Save” button to apply the manual discount.

Note:

A discount pricing strategy is a pricing strategy that, for a limited time, will see a merchant offer a lower price for a product than its usual full price. It involves marking down the prices of products and offering different deals with the ultimate goal of increasing sales.

Conslusion:

Products that are discounted between 10-20% show a 7% increase in revenue and a 28% increase in unit sales. Discounting more than 20% has the potential to decrease revenue per transaction, especially for discounts over 50%, even with unit sales increasing compared to unit sales when items are discounted between 0-10%.

Related Article How to Add sale badge on Products based on price on Shopify?

Read More about Product Prices