Are you curious about how much a Shopify website costs? This can be an important question to ask before making the decision to use this platform. In this blog post, we’ll provide an overview of the different factors that contribute to the overall Shopify eCommerce website cost. By the end of this post, you’ll have a good understanding of what goes into pricing a Shopify website and what your options are. So, let’s get started!
Table of Contents
- Shopify Plans and Pricing
- Shopify website cost: Monthly vs. Annual vs. Biannual Costs
- Shopify Credit Card Rates
- Shopify Transaction Fees
- Additional Shopify Costs
- Which is the best Shopify plan for your business?
Shopify Plans and Pricing
The least expensive version of Shopify is Basic, which costs $29 per month. It includes two staff accounts, round-the-clock assistance, unlimited items, an online store with a blog, and sales channels—all the essentials you need to launch a new online business. Additionally, you receive a free SSL certificate, discount coupons, the ability to manually create orders, and cart recovery.
Shopify can be purchased for $79 per month under its regular pricing plan. It includes all of the features found in the Basic Shopify plan, as well as five employee accounts and gift cards.
The most expensive option on the market, Advanced Shopify, costs $299 per month. All of the features included in the Shopify package as well as 15 staff accounts are included in the Advanced Shopify plan. Additionally, you’ll have access to third-party shipping rates and a powerful report builder.
Shopify Lite and Shopify Plus
There are two more pricing tiers, known as Shopify Lite and Shopify Plus, in addition to these three main pricing tiers.
- Shopify Lite
The least expensive package that Shopify provides is called Shopify Lite, and it is only $9 per month. However, there is a catch: unlike the Basic, Shopify, and Advanced Shopify subscriptions, it does not have a separate configurable online store and a shopping cart.
Instead, this plan gives you the resources you need to sell your goods on a currently operational website or social media channel. Adding a “Buy” button to your selected platform is all that is required.
- Shopify Plus
The Shopify Plus plan was created specifically for large-scale eCommerce businesses, as you would have predicted.
Because the pricing of Shopify Plus is typically customized to meet the unique demands of each business, you’ll need to get in touch with Shopify to request a quote on the price. It starts at $2000 and goes up depending on your unique needs.
Shopify website cost: Monthly vs. Annual vs. Biannual Costs
The Shopify pricing that we have so far mentioned for each plan is based on the condition that you will pay on a monthly basis. But you should be aware that Shopify provides discounts when you buy an annual, biennial, or three-year plan.
The annual plan is discounted by 10% overall, while the biennial and three-year plans are each discounted by 25% and 30%, respectively. This is a great method to cut your subscription fees.
You should consider a monthly version, though, if you are new to Shopify and are simply testing the waters. This is so that you can decide which plan best meets your company’s needs and whether you should upgrade, stick with, or downgrade your current plan.
However, once you’ve made up your mind, you can choose to save money by buying an annual, biennial, or three-year plan, depending on what your budget permits and what your company needs.
Shopify Credit Card Rates
When calculating how much it will cost to operate a Shopify store, you also need to account for credit card rates. This is because your profit margin will be directly impacted.
Every time you take payments using credit cards through Shopify, a fee is applied. Due to the risks involved with credit card payments, this fee is typically larger than those for other payment options.
The credit card rates also change according to the Shopify package you choose.
- On the Basic Shopify plan, you will pay 2.9% + $0.3 and 2.7% for online and offline credit card payments, respectively
- On the Standard Shopify plan, 2.6% + $0.30 and 2.5%;
- And on the Advanced Shopify plan, 2.4% + $0.30 and 2.4% for online and offline card transactions.
Shopify Transaction Fees
The transaction fees are another expense factor that affects your overall operating Shopify website cost. Every time a transaction is conducted via a third-party payment service provider, you are charged a transaction fee.
However, the Shopify plan you choose to subscribe to determines the percentage of the price. All transactions made under the Basic Shopify plan will incur a 2% fee, a 1% fee under the Regular Shopify plan, and a 0.5% fee under the Advanced Shopify plan.
You can avoid these additional costs if you choose to use Shopify Payments, the platform’s own payment processor.
Additional Shopify Costs
When launching your Shopify store, some expenses are essentially constant that directly affect the total Shopify website cost. Here are some of them:
The online Shopify app store, which has more than 6,000 apps, has apps made by a range of third-party sources that are intended to operate with Shopify websites.
The costs and the features might be very different: While one app offers corporate-level product sourcing and supply chain management and costs $299 per month, another allows users to speak with a business directly through the Apple Messages app.
When it comes to the Shopify website builder cost and Shopify website development cost, store owners do not need to set up or host their own domains in order to use Shopify. They can select any of the free myshopify.com domains that the company offers, and domain names are included in all of its programs.
But a custom domain is an additional option for purchase. Depending on the sort of domain you choose, this will run you about $11 per year and possibly as much as $81.
If you already have a domain name registered, you can link it for free to your Shopify store.
Now that Shopify supports email hosting, you can use email hosting templates to manage your campaigns without having to know how to code. 10,000 emails can be sent without charge each month. After that, there is a fee of just $1 for every 1,000 extra emails sent. It is reasonable considering what you get from this Shopify website development cost.
Which is the best Shopify plan for your business?
Plans on Shopify are similar to stores. They are available in a huge range of sizes. Finding the ideal package for you requires knowing exactly what you desire from your online store besides the Shopify website prices. Sometimes this entails considering your intended target market, the number of clients you’ll serve, and other factors.
The least expensive entry-level option for those looking to start small is Basic Shopify. You have access to assistance for an unlimited number of products with this Shopify edition. You’ll need that flexibility if your product line is extensive.
Shopify Basic is so much more desirable than Shopify Lite for people with expanding internet presence because it doesn’t place restrictions on your file storage or selling options. The basic plan of Shopify also includes phone support and tools for recovering abandoned carts. Gift vouchers and things like professional analytics won’t be available to you.
This is the standard plan for those looking for an excellent strategy to keep expanding. Although there is a sizable price difference between Shopify and Basic, if your company wants the ability to grow, it’s absolutely worth the extra money.
Everything you require to sell in the online marketplace of today is included in the Shopify plan. You pay a 0.3% cheaper rate than with Basic for credit card transactions, and you also receive expert reports.
Analytics make it simpler to understand where you should concentrate your efforts to boost your revenue. Through this package, you can also obtain things like gift cards. This facilitates interaction with your clients and encourages repeat business.
Shopify Advanced is the more expensive option. Credit card payment is the least expensive option, and it also offers the US better shipping circumstances. For anyone who needs to quickly accelerate their sales strategy, this plan is the best choice. This is the solution for you if you require features like real-time carrier shipping to improve your relationships with clients.
A robust reporting and analytics system in Advanced Shopify enables businesses to tailor their reports to their specific requirements.
This is the corporate solution for considerably larger companies that must scale extremely quickly. Since Shopify Plus is designed for businesses that are generating sizable amounts of monthly income, the majority of newly established firms won’t require anything comparable. Be prepared to spend a lot of money because Advanced Shopify and Shopify Plus have very different prices.
Teams have access to the resources they need to succeed with Shopify Plus. An enthusiastic new launch opportunity will be generated for you with the assistance of committed support staff. Additionally, your developers have more customization, specialized APIs, and cart scripting access to the Shopify platform. This implies that you can further personalize your store.
According to many, this plan is unlikely to be sufficient for them. However, this economic plan could guide you in the right route if you want to begin with digital sales on a budget. You can only sell with Shopify Lite on your current website or on social media.
Additionally, it comes with the Facebook Messenger app, which enables you to interact with clients and better meet their needs. This Shopify package is basically just a choice for businesses that already have a social media or website presence online.
If you’re considering a Shopify website, it’s important to understand the cost involved. There are several factors that will affect the total Shopify website cost, but our team can work with you to find a solution that fits your budget. Contact us today to learn more about how we can help!