Do you know how much Shopify costs? It depends on your needs and Shopify has different plans with different pricing to fit individual pockets and needs. If you’re considering using Shopify for your eCommerce business, I’ll urge you to read this piece to the end.
For starters, Shopify is an e-commerce platform that helps businesses run an online store. It offers a good alternative to opening brick and mortar stores to reach customers on a global level. It helps you increase both your sales and reach without experiencing the growing pains that come with outlet expansion.
What Does Shopify Do Exactly?
Shopify unifies all of your commerce onto a single platform. With Shopify, merchants can build and customize an online store and sell in multiple places, including web, mobile, in person, brick-and-mortar locations, and pop-up shops and across multiple channels from social media to online marketplaces.
Why Should I Use Shopify?
Shopify offers an easy way to quickly launch an online store without bothering about servers and development costs that can be incurred with self-hosted platforms such as Magento. The admin interface is clean and user-friendly and pretty intuitive because all the features are logically structured.
Shopify remains one of the best solutions for large and small businesses alike. What started as a simple way to sell things online has evolved into a comprehensive solution that includes in-store POS systems, cart recovery, and more.
Also, it’s easy to set up and use, secure and reliable, provides no tech worries, has effective customer support, it’s mobile-ready and highly customizable.
But, the fact that Shopify provides all these features does not mean you should go for them. Your needs should determine the features to go for. You need to know the prices and plans to know the best option for your business. That is where this article comes in. It offers a breakdown of Shopify’s fees so you can choose according to your needs.
What Does Shopify Offer Merchants?
As a merchant, you can save money by using Shopify services. Here are a few things you stand to gain from Shopify:
* Shopify can help you sync your stock and inventory so that you can manage them from a single account on any device.
* Shopify helps merchants build and customize their stores to sell in multiple places. These places include social media, the web, online marketplaces, mobile, pop-up shops, and physical stores. The payments management, products, shipping, and inventory are also part of Shopify’s offerings.
* Shopify has online-based storage and hosting. And this means you can assess it from any device connected with it.
* Shopify also helps merchants handle server and software upgrades, including their necessary maintenance. This simply means that you can operate your business anywhere with an internet connection.
On Shopify, you get all of the business tools you need to run your business in one recognized place. In addition, you’ll also be able to access and integrate any business tool you need easily.
What are Shopify's Five Main Pricing Plans?
So, how much does Shopify really cost? Shopify pricing offers merchants five main different plans to choose from; you only need to choose a plan that suits your needs.
Also, Shopify offers a free 14-day trial to enable merchants to try the available features and find which plan is right for them.
How Much Does Shopify Really Cost?
The Shopify Lite plan costs $9/month and includes Shopify buy button but there’s not an online store builder.
The Basic Shopify plan costs $29/month and includes buy button, in-person selling, and online store with two staff accounts, up to four inventory locations (in-person stores, warehouses, etc.).
The Shopify plan costs $79/month and includes all selling channels, five staff accounts, up to five inventory locations, discounted credit card rates, and discounted transaction fees
The Advanced Shopify plan costs $299/month and includes all selling channels, fifteen staff accounts, up to eight inventory locations, further discounted credit card and transaction fees, duties and import collections, custom international product pricing/variants.
The Shopify Plus plan starts at $2,000. This is for enterprise eCommerce.
All You Need to Know About Shopify Lite
Designed for sellers who don’t want or need a full online store, Shopify Lite is an eCommerce tool that lets you add a sales element to almost anywhere, including:
* Social media posts on Instagram, Facebook, Twitter, Pinterest, and TikTok
* A website you currently own powered by a web builder like WordPress, Squarespace, or Wix
* Someone else’s website
* Marketing emails, Landing pages, and Direct messages
All You Need to Know About Basic Shopify
The Basic Shopify plan allows you to use 2 or fewer staff accounts, 4 inventory locations, and sell in one country. This does not include professional and advanced reporting, neither does it support showing actual calculated shipping rates at checkout.
All You Need to Know About Shopify Plan
This plan allows you to use 3 to 5 staff accounts, 5 inventory locations, and sell internationally for the same prices. This only includes professional reporting. Advanced reporting is absent and merchants cannot show real calculated shipping rates at checkout.
All You Need to Know About Shopify Advanced
This plan allows you to use 6 to 15 staff accounts, 8 inventory locations, and access to advanced reporting features. It allows merchants to show real calculated shipping rates at checkout and to sell products for different prices when selling internationally.
All You Need to Know About Shopify Plus
Businesses making over $500,000 in sales each year may want to make their online store with Shopify Plus. This is Shopify’s enterprise-level plan, and it starts at $2,000 per month, or, once you make over $800K in sales every month, a monthly fee of 0.25% of sales volume.
Does Shopify Charge Additional Fees?
Yes. These are simply transaction fees, and they’re spelt out below:
Shopify charges 2.9% + $0.30 for each transaction for all online transactions under the basic plan. However, Shopify charges 2.7% per transaction for physical purchases. Also, if you use any payment gateway instead of Shopify payments, Shopify will charge you only 2% per transaction.
Shopify charges 2.5% + $0.30 for every online transaction under the Shopify plan. Also, Shopify charges 2% per transaction for physical purchases. And the use of other gateway payments other than that of Shopify attracts a 1% fee per transaction.
Shopify charges 2.4% + $0.30 for both physical and online purchases per transaction under the Advanced plan. On the other hand, other gateway payments aside from Shopify attract a 0.5% fee.
How much does Shopify really cost? It depends on your needs but if you’re still unsure after reading this piece, consider starting a 14-day trial and upgrade your plan as your business needs grow.