As a business owner, you know how important it is to have an online store in today’s world. Online business is booming, and if you don’t have a store, you’re missing out on sales. Shopify is a great choice if you want an eCommerce platform that is easy to use, has a lot of features, and isn’t too expensive.
But many business owners don’t know which Shopify pricing plan to choose for their store. In this guide, we’ll go over the different Shopify pricing plans and give you a general idea of what they cost. We will also tell you how to choose the best pricing plan for your needs.
What’s Shopify?
Shopify is one of the most popular eCommerce platforms. It lets businesses set up online stores. Shopify is a popular choice for businesses of all sizes because it has a platform that is easy to use and has a lot of features. One of the best things about Shopify is that it has several different pricing plans, so businesses can choose the one that works best for them.
Shopify has been helping businesses sell online for more than ten years, and businesses of all sizes, from small ones to the Fortune 500, trust it. Shopify is always adding new features and making its platform bigger so that it can meet the needs of its users.
How do you use Shopify?
Shopify helps businesses build online stores by giving them a place to start. Shopify has a lot of features and tools that make it easy for businesses to make an online store that looks good and works well.
Shopify will give you a unique URL that you can use to promote and sell your products once your store is up and running. Shopify also has a number of marketing and search engine optimization (SEO) tools that can help you market your store and get people to visit your website.
Why you should use Shopify
There are many reasons to use Shopify, such as the ones below:
Simple to use
The platform is easy to use and has a lot of features and tools to help you make a professional online store that works well.
Flexibility
Shopify has different pricing plans, so businesses can choose the one that works best for them. You don’t have to sign a long-term contract, and you can change your plan whenever you want.
Scalability
Shopify is a platform that you can change as your business grows. As your business grows, you can add more products and features to your store without having to switch to a new platform.
Support
Shopify users can get help at any time, day or night. Shopify also has a large knowledge base and an online community that can help you with any questions or problems.
Lots of things to offer
Shopify has a lot of features, like tools for marketing and SEO and the ability to connect to social media. This lets businesses make an online store that looks good and works well and meets all their needs.
Security
Shopify is a safe platform that protects your store and your customers’ information by using the latest technology. This means that you can be sure that your store and its data are safe.
Mobile-friendly
Shopify stores are mobile-friendly, which means they will look great on any device. More and more people are shopping online with their phones, so it’s important to have a store that works well on mobile devices.
Integrations from a Third Party
Shopify works with a lot of different third-party apps, so businesses can add even more features and functions to their store. This includes everything from social media and marketing tools to apps for accounting and shipping.
Affordable
Shopify’s pricing plans have 5 tiers, so businesses of all sizes can afford it. Shopify gives you a 14-day free trial so you can try it out before signing up for a paid plan.
Businesses of all sizes trust it.
Shopify is one of the best platforms for selling things online. Businesses of all sizes, from small ones to Fortune 500 companies, trust it. This is because its platform is easy to use, it has a lot of features, and it has great customer service.
How do I begin using Shopify?
If you’re ready to start using Shopify, we suggest you do the following:
Sign up for a Shopify account.
The first step is to set up an account on Shopify. To do this, go to shopify.com and click on “Start free trial.”
Pick the Shopify plan you want.
Once you’ve set up your account, you’ll need to choose one of Shopify’s five pricing plans: Starter, Basic Shopify, Shopify, Advanced Shopify, and Shopify Plus. Below, you can find out more about each plan.
Pick a name for your online store’s domain.
The next step is to give your store a domain name. This is the URL that people will type into their browsers to go to your store. You can buy a new domain name or use one that is already taken.
Choose a theme from Shopify.
After picking a domain name, it’s time to pick a theme for your store. There are a lot of free and paid Shopify themes to choose from.
Put your items in your online store.
The next step is to put your products in your store. You can do this by going to the “Products” section of your Shopify admin and clicking “Add product.
Set up ways to pay.
After you add your products, you will need to set up a way for people to pay. Shopify has a lot of different ways to pay, like credit cards, PayPal, and Apple Pay.
Open your shop.
After you’ve done all of the above, you’re ready to open your store.
How does Shopify get paid?
Shopify is a public company, so it has to tell people how it makes money. Most of Shopify’s money comes from the fees its customers pay. This includes app fees, app fees, and monthly subscription fees.
Most of Shopify’s money comes from the fees it charges for processing credit card purchases. Most of the time, these rates are between 2.2% and 1.6% for online orders and between 1.5% and 1.7% for in-store orders.
And it’s not like Shopify is the only one doing this; any platform you use will probably have a similar fee, even if Shopify isn’t getting a cut directly. So even if you don’t use Shopify Payments, the company still makes money from processing payments.
Shopify also makes money from its business that helps merchants. Services like Shopify Payments, Shopify Shipping, and Shopify Capital are part of this.
Even though they don’t bring in as much money as processing fees, they are still important to Shopify’s business model.
Apps and Themes are another way that Shopify makes money. Some of these are free, but many of them cost money. Even the ones that are free usually have paid versions that have more features.
Paid apps and themes usually bring in 70% of the money, while Shopify keeps 30%. If an app or theme costs $100, the developer would get $70, and Shopify would save $30.
Plan Prices for Shopify
Here are the prices for the five different Shopify plans:
- Beginner: $5 per month
- Simple Shopify costs $29 a month
- $79 a month for Shopify
- Ahead of the game: $299 per month
- Shopify Plus is negotiable, but costs around $2,000 per month on average.
The main differences between the plans are how many products you can sell, how much storage space you get, which tools and features you can use, and how much help you get.
Since it’s the cheapest plan Shopify has, the Starter plan is a great choice if you’re just getting started. But if you want to sell a lot of things, you’ll need to switch to a more expensive plan.
Shopify also gives you a 14-day free trial so you can try it out before committing to a paid plan.
Starter for Shopify
- What: Use URLs and a simple landing page to sell products
- Who: New businesses and companies with a small budget
- Why? It’s easy to set up and use, and it’s the cheapest choice.
- How much: $5 per month, with no discounts for buying more than one year at a time
The Shopify Starter plan is one of the least expensive ways to start selling things online, but it doesn’t have as many features as a stand-alone store. With Starter, it only takes a few clicks to get your store up and running. You only need a picture and a well-written description of what you’re selling. It’s that simple.
Shopify’s Starter plan is great for small business owners on a tight budget who want to sell their products quickly and easily through social media, email, SMS, WhatsApp, and more.
Customers can buy things from anywhere and at any time when mobile optimization is built in. What’s the best? The cost of the Starter plan is only $5 USD per month.
Shopify Starter could be the right choice for you if you want to turn your website into a business and make money from it. With Buy Buttons, you can quickly and easily turn any WordPress or Squarespace site into an e-commerce site.
Shopify Starter can also be used in real places like events, fairs, pop-up shops, etc., because it comes with an app that lets you take digital payments from iOS or Android devices.
These transactions cost 2.7%, while online sales go through the Shopify payments gateway, which costs 2.9% plus $0.30 per transaction.
The following things are available to merchants through this plan:
- Taking credit cards online and in person.
- Putting buy links on websites that already exist.
- Managing inventory.
- Taking gift cards as payment.
- Any number of product pages.
- Contact page.
- Shopping cart for buying more than one thing.
- Automatic tax calculations.
- Coupons and discount codes.
- Shipping labels from some of the biggest shipping companies.
- Optimization for mobile devices that run on iOS and Android.
- 24/7 support.
Simple Shopify
- What: A full-featured eCommerce platform with a lot of options
- Who: Businesses that are growing and need more than what the Starter plan gives them
- Why: It’s not too expensive, and you can use a lot of its features.
- How much: $19 a month or $17 a month if paid yearly. There are no discounts for buying for more than one year.
Shopify Basic, which costs USD 19 per month, is the second-cheapest plan that Shopify has to offer. This plan is great for growing businesses that need more features than the Starter plan offers.
With the Basic Shopify Plan, you get everything in Starter plus a few extras, like professional reports, cart recovery, and the Advanced Payment Gateway.
This is the best price you’ll find for Shopify if you want to set up an online store. With their drag-and-drop website builder, anyone can make a professional store with features like managing products, accepting payments, and fulfilling orders all in one place.
Shopify is one of our best ecommerce platforms for small businesses for a number of reasons, but the most important is that it is easy to use.
With the Shopify Basic plan, you can print shipping labels and track packages right from the site. Shipping costs are included in your monthly subscription fee.
With Basic, the fee for online purchases is 2.9% plus $0.30, and the fee for in-person purchases is 2.7%.
What you get with Shopify Basic is as follows:
– All of Starter’s features, plus:
- Basic reports.
- 2 account for staff
- Payment Gateway for the Future.
- Automatic tax calculations.
- Coupons and discount codes.
- Shipping labels from some of the biggest shipping companies.
- Up to 4 places to keep stock
- Optimization for mobile devices that run on iOS and Android.
- 24/7 support.
Shopify
- What: Take your business to the next level with more staff accounts and professional reports
- Who: Companies that want to grow their business
- Why? It’s still affordable, and it has more features for running a bigger business.
- How much: $49 a month or $44 a month if paid yearly. There are no discounts for buying more than one year at a time.
The credit card rate (2.6% + 30) and transaction fee (1%) for the new Shopify plan are both lower. It also gives you more options, like professional reports that make it easier to look at your online store.
Plus, it’s better for selling internationally because it has country-specific domains (if you want to use different domains in different areas) and international pricing based on percentages. Look at your Google Analytics before you change your Shopify plan.
Checking GA is free and will tell you a lot about how well your online store is doing and whether or not you should upgrade.
You can also use Shopify Payments, which is a payment gateway that is built right into the platform. This can save you money on Shopify transaction fees and make it easier to keep track of your finances because everything is in one place.
In general, the new Shopify plan is a great deal for businesses that want to grow.
Here is a list of what you get when you use Shopify:
– All the basic features, plus:
- Reports from professionals.
- Domains for each country.
- International pricing based on percentages.
- Payments for Shopify.
- Up to 5 places to keep stock
- 5 account for staff
- 24/7 support.
Shopify Got Better
- What: Get the best of Shopify with our lowest transaction fees and custom reports
- Who: Businesses with a lot of transactions who want the most features and the lowest transaction fees
- Why: It has the best of Shopify, plus custom reports and our lowest transaction fees
- How much: $299 a month or $269.10 a month if paid yearly. There are no discounts for buying for more than one year.
The Advanced Shopify Plan costs $299 per month, plus 2.4% of each sale and 30 cents. It has all the features of the other plans, plus an advanced report builder and shipping rates that are calculated by a third party.
This plan lets you store as many products as you want, so you can upload as many as you want. Also, if you use external payment gateways, your transaction fees will go down a little bit. You are free to post as many videos, pictures, and blogs as you want.
The Advanced package also gives you information about how many people visit your website. This helps you make sure that your site is successful and that the higher plan price is worth it.
Shopify Advanced is the best option for businesses that do a lot of sales and want the most features and the lowest transaction fees. If you want a plan that gives you everything you need to do well, this is it.
What you get with Shopify Advanced is as follows:
– All the features of basic and professional, plus:
- Report maker with more features.
- Tailor-made reports.
- Traffic data.
- Payments for Shopify.
- Up to 8 places to store inventory.
- 15 account for staff.
- 24/7 support.
Plus for Shopify
- What: The enterprise solution for businesses with a lot of customers
- Who: Businesses with a lot of customers who need an enterprise solution
- Why: Powerful features and help from people who care
- How much does it cost? Custom pricing starts at $2,000 per month, and there are no discounts.
Shopify Plus is Shopify’s plan for businesses that sell a lot of products. Shopify Plus is used by more than 10,000 brands, such as Allbirds, Heinz, Steve Madden, Staples, and Staples.
Even though it starts at $2,000 per month, which is more than Shopify’s other plans, which cost between $19 and $299, the benefits are worth it for large ecommerce brands. Shopify Plus comes with dedicated support, unlimited bandwidth and storage, and a custom-priced plan made for your business.
Shopify Plus is the way to go if you need an enterprise solution for a business with a lot of sales. You’ll get powerful features and dedicated support to help you do well. This plan doesn’t have a discount, but the price is fair for what you get.
Here’s what you get when you sign up for Shopify Plus:
– All the features of basic and professional, plus:
- Better ability to grow.
- Checkout by yourself.
- Cards as gifts.
- Launchpad.
- Fraud analysis.
- Tailor-made reports.
- Help that’s always there.
- Storage and bandwidth are not limited.
- Customized price plan.
Shopify Plus has been a huge success for businesses that do a lot of sales and need an enterprise solution.
The custom prices, which start at $2,000 per month, are worth it for the features and support. If you want a plan that gives you everything you need to do well, this is it.
Price of Shopify vs. Price of Competitors
Compared to other ecommerce platforms, Shopify’s prices are very low. For example, the starting price for Magento Enterprise is $15,550 per year, which is a lot more than Shopify Plus, which starts at $2,000 per month. Also, if you pay for a year in advance, Shopify gives you a discount, but Magento does not.
BigCommerce’s enterprise pricing starts at $2495 per month, which is about the same as Shopify’s prices. Again, Shopify Plus has a lower starting price and you can save money if you pay for a year in advance.
Even though they have similar features, it’s interesting to see that the starting price for Shopify and BigCommerce is only $0.95/month different from each other.
When looking at the financial pros and cons, we can see that Shopify charges an extra 2% transaction fee for purchases made on other platforms, while BigCommerce’s cheapest plan doesn’t include abandoned cart recovery.
Compared to other ecommerce platforms, Shopify’s prices are very low. Shopify Plus has a lower starting price for businesses that sell a lot and gives a discount if you pay for a year in advance.
How to save money on the overall cost of Shopify?
If you want to save money on Shopify as a whole, you might want to consider the following:
If you pay for a year ahead of time, you’ll get a discount.
If you’re looking for a long-term investment, Shopify’s annual and biennial plans offer discounts if you pay for them all at once. For instance, customers can save 10% on yearly plans and 20% on biannual plans. The best part is that you can start with basic Shopify plans and upgrade to higher ones as your business grows. The original discount will be applied to future payments.
Use Shopify Payments, which is built into Shopify.
The easiest way to accept payments on your store is through Shopify Payments, which is Shopify’s payment gateway. When you use Shopify Payments, you don’t have to pay any extra transaction fees. Shopify Payments is a good way to save money on your overall Shopify costs if you are looking for ways to do so.
If you’re not going to use your Shopify store, you can stop it.
You can stop using your Shopify store and only be charged $9/month if you pause it. This can save you a lot of money if you aren’t going to be using your store for a long time.
How to choose the right business plan
How big your business is
Shopify Basic is a good place to start if you have a small business with a few items to sell. As your business grows, you can switch to Shopify Professional or Shopify Advanced.
If you run a big business that makes a lot of money,
Your budget
Shopify Basic might be the best choice if you don’t have a lot of money. Upgrade to Shopify Professional or Shopify Advanced if you’re willing to spend more. Shopify Plus is the best choice if you don’t care about money.
Your wants
Think about what features you and your business need. If you need more advanced features, you might choose Shopify Professional or Shopify Advanced. Shopify Plus is the best choice if you want the best customer service and the most customization options.
Extra Shopify Charges
Apps for Shopify
Even though the basic Shopify plans come with most of the tools you need to run your store, there may be a few extra fees. The first one is for apps for Shopify. There are a lot of free apps, but some of the more advanced ones can cost $10 or more per month.
Domain names
Shopify lets you buy a domain name if you don’t already have one. A.com domain starts at $14 per year.
Email to Shopify
If you want to use Shopify’s email service, you’ll have to pay an extra fee. This service comes with your own domain name and as many email accounts as you want. Send up to 2,500 emails per month for free, and pay $1 for every 1,000 more emails.
POS Shopify
If you want to use Shopify’s point-of-sale features, you’ll have to pay an extra $89 per month. You can use Shopify’s POS app, a physical credit card reader, and other POS hardware with this fee.
In conclusion
Shopify is a great place for businesses of all sizes to do business. If you want to save money on your overall Shopify costs, we suggest using Shopify Payments, paying for a year in advance, or pausing your store when you’re not using it. Choose the right plan for your business by thinking about how big it is, how much money you have, and what you need. Shopify may charge extra for apps, domain names, email, and POS.
If you have questions about how much Shopify costs, feel free to get in touch with us. We’re always glad to be of service.
