What is the difference between Standard and Shopify Notifications templates?

Standard Email Templates are email templates used for creating newsletters. These are the general email templates that you would use for your email marketing campaigns for things like discount promotion emails, events emails like black friday etc.

Shopify Notifications Email Templates are email templates used for Shopify notification emails. Since Shopify only provide code editor for notification emails, you can use RenderKu to easily customize and craft visually appealing templates for your notification emails.