Shopify is an easy-to-use and simple web application that allows you to create your eCommerce store in no time. Whether you are a beginner or an experienced web designer, Shopify has everything that you need for your new eCommerce website.
With intuitive design templates and easy customization, Shopify meets your store’s specifications amazingly well. However, have you ever wondered how much it costs to build and run a Shopify shop effectively? You need to know the costs involved when you intend to start an online store from scratch.
This post gives you an idea about Shopify fees and walks you through the available plans. That way, you can know about the available solutions and decide which one to choose.
Understanding Shopify plans
The development cost of your eCommerce store depends largely on the type of plan you want to subscribe to. Apart from the three pricing plans, Shopify has additional two plans that might be worthy to know.
- Basic Shopify
The Basic Shopify plan starts at $29 per month, which is the cheapest option available. With lots of features, small businesses find this plan useful. In this plan, you get to manage your store with ease.
Also, you get several features such as an SSL certificate, manual order creation, discount codes, and abandoned cart emails. However, a major drawback of this plan is that you can’t access features like performance reports. Still, it provides enough space for growth.
Hence, if you are on a tight budget and want to start a new eCommerce store, the Basic Shopify plan is the right option for you. Shopify charges a transaction fee of 2.9% and $0.30 per transaction in this plan.
It is the most popular plan opted for by many businesses. The Shopify plan costs you $79 per month. This plan works wonders for businesses with robust needs. It has all the features of the Basic plan and many more.
The best part is that you can monitor your sales performance. Other additional features include Shopify POS, abandoned cart recovery, and payment with gift cards.
The Shopify plan is a good solution for businesses looking to scale their business quickly in no time. The transaction fee for this plan is 2.5% and $0.30 on every transaction.
- Advanced Shopify
If you are running an eCommerce business with a big inventory, the Advanced Shopify plan is the perfect solution for you. With $299 per month, this plan includes all the features available on the Basic and Shopify plans.
Besides, you can enjoy minimal transaction fees, 3rd party shipping rates, and so on. As such, your customers can choose the rates accordingly. The advanced report builder gives you the right information about your business performance.
Everything in this plan is unlimited and there are almost no restrictions on the available features. The transaction fee is as low as 2.4% along with $0.30 per transaction.
- Shopify Lite
Although the Shopify Lite plan comes with $9 per month, it doesn’t include a customizable shopping cart and an online store that you get to see on the above-mentioned plans. But Shopify Lite provides you with innovative tools that you need to sell products through a social media platform or an existing website.
You need to have a �Buy’ button on the preferred platform. In this plan, you get to access the admin feature that allows you to split bills, view reports, and issue gift cards. Apart from the $9 per month cost, you have to pay 2% on all transactions. Also, you have to pay 2.4% per transaction on credit card payments.
- Shopify Plus
For large-scale eCommerce businesses, the Shopify Plus plan is the perfect solution. This plan includes all the features in the Advanced plan and additional features like automation. There are 3rd party integrations, support for multiple currencies, and advanced security.
Other improved features include an account manager, merchant success manager, dedicated project manager, personalized support services, and many more. The best part of Shopify Plus is that it allows you to automate almost everything. Because Shopify Plus price depends on the specific needs of each company, you have to contact Shopify and get the best price.
Additional Shopify costs
These costs remain almost the same regardless of the plans that you choose.
- Getting domain name
Shopify doesn’t allow users to install or host their domains. The platform includes domain names as a part of their plan and user can have them at myshopify.com. Also, you can choose a custom domain that might cost you $11 per year or higher. Moreover, you can link registered domain names without extra cost.
Shopify comes with amazing themes and tools that allow you to customize your eCommerce site’s layout, style, and color. There are 100 free themes and over 60 premium themes for you to choose from. The premium themes start at around $150.
- POS payments
If you are thinking about POS or Point of Sales, Shopify gives you two options to choose from –
- Shopify POS Lite – The plan allows you to manage products, customer profiles, and orders. Credit card fees are charged on each transaction.
- Shopify POS Lite – This plan is available on all Shopify plans for an additional cost of $89 per month. Still, you would be charged for transactions done through credit cards.
Because Shopify can’t satisfy every need, this is where integrations and add-ons come to the scene. Apps allow you the features that Shopify doesn’t offer sometimes. Shopify has over 300 apps, and you can use them accordingly. While some are free, others cost you.
In a nutshell, the amount that you end up paying for your new online store depends on a few considerations. Therefore, assuming what you would need to build a website, choose from the available subscription plans and start your journey with enthusiasm.
While you may get overwhelmed when trying to find the right plan for your online store, Shopify Experts Agency is here to make the task easy for you. They help businesses prove their progress in the eCommerce arena with strategies tailored to the type of brand that they want to build. Still, in doubt? Call them today and their executives will address your issue with an effective solution.