How Much Does Shopify Cost?

August 6, 2023

Post by

Yaw

Biney

How Much Does Shopify Cost?

To use Shopify as a platform to host your e-commerce store, you will need to pay a fee. Let’s explore each pricing plan and their individual benefits.

If you’re thinking about starting a business venture on Shopify, you will need to decide which plan to buy. While Shopify does offer a 14-day free trial, after that, you will need to choose a pricing plan to continue using the platform. Shopify offers different plans with varying features and pricing to cater to different business needs.In this article, we’ll explore Shopify’s different pricing plans, their cost, and important considerations to help you make an informed decision.

Shopify Plans

Shopify offers three main plans: Basic Shopify, Shopify, and Advanced Shopify. Each plan comes with different features and pricing, catering to different business needs.

1. Basic Shopify

The Basic Shopify plan is an excellent starting point for new businesses or startups. Priced at $25 per month, it provides essential features such as an online store with unlimited products, sales channels integration, 24/7 support, and discount codes. However, it comes with a transaction fee of 2.9% + 30¢ for online purchases and a 2.7% fee for in-person purchases.

2. Shopify

The Shopify plan, priced at $65 per month, is best suited for growing businesses that require more advanced features and sales volume. In addition to all the features from the Basic Shopify plan, it offers gift cards, professional reports, and abandoned cart recovery emails. The transaction fee reduces to 2.6% + 30¢ per transaction. In-person card transaction fees are 2.5%.

3. Advanced Shopify

For high-volume businesses with complex needs, the Advanced Shopify plan at $399 per month is recommended. It includes all the features of the Shopify plan and adds advanced report building capabilities, third-party calculated shipping rates, and real-time carrier shipping. The transaction fee further decreases to 2.4% + 30¢ for online payments and a 2.4% fee for in-person payments.

Additional Costs

While Shopify plans cover essential features, some additional costs should be considered when budgeting for your Shopify store:

  • Transaction Fees: If you choose not to use Shopify Payments, you’ll be subject to transaction fees ranging from 2.4% to 2.9%, plus a fixed fee of 30¢ per transaction.
  • Credit Card Fees: Payment platforms charge their own fees, which may vary depending on the provider. Be sure to compare fees to optimize payment processing costs.
  • App Store: Shopify’s App Store offers various plugins and premium apps that can enhance your store’s functionality. Some apps may have one-time or subscription-based costs.
  • Themes: While Shopify provides free themes, premium themes with additional features may require a one-time purchase fee.
  • Custom Domain: Registering a custom domain typically costs around $10 to $20 per year.
  • SSL Certificate: If you have a custom domain, you’ll need an SSL certificate for secure transactions, which can cost between $70 and $200 per year.
  • Shipping Costs: Shipping fees will depend on the carrier you choose and the volume of the orders.
  • Marketing & Advertising: Budget for promotional campaigns to attract and retain customers.
  • Tax Calculation Apps: If your business operates in multiple regions, you may need tax calculation apps to handle complex tax regulations.

Shopify Discounts and Savings

Shopify provides several opportunities for savings that can reduce overall costs:

  • Annual Billing: Choosing annual billing can save you 10% to 20% on your plan’s cost, depending on the plan you choose.
  • Shopify Payments: If you use Shopify Payments as your payment platform, you can avoid additional transaction fees, ultimately saving you money.
  • Shipping Discounts: Advanced Shopify plan users can access significant shipping discounts of up to 74% with carriers like USPS, DHL, and UPS.
  • Partner Program: If you’re eligible for the Shopify Partner Program, you may receive exclusive discounts and benefits.

Conclusion

Ultimately, the best Shopify plan for you depends on your unique business requirements, budget, and growth pattern. Carefully assess your needs, sales volume, and the desired features of each plan to make an informed decision. If you are unsure, consider starting with the Basic Shopify plan and upgrading as your business expands. You can also take advantage of Shopify’s 14-day free trial to explore the platform and see how it fits your needs before committing to a plan.

Newsletter

Join our newsletter today
Get instant updates

20, 000+ users subscribed to newsletter

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.