How Much Does Shopify Cost?

E-Commerce Setup

Whether you have just decided to start your own eCommerce business (congrats!) or you are contemplating moving your existing store over to Shopify, it can be challenging to know what Shopify pricing plan to choose, this guide goes into detail on how much does Shopify cost. 

Basic

£24 or $29 a month

This plan is best for start-ups and small businesses. If you are the only employee or you only have one other employee that needs access to the Shopify software, then this plan is probably for you.

On this plan, Shopify allows up to 2 staff accounts and 4 inventory locations.

One of the limitations of the plan is a lack of reporting. If you use Shopify as your primary analytics resource, it may be good to look at the next plan level.

Shopify

£69 or $79 a month

This Shopify plan allows up to 5 employee accounts and 5 inventory locations. If you have more than two employees, this plan might be the best option for you, but there are other benefits that might make you want to purchase the Shopify plan over the Basic plan.

The first reason is the reporting options. With the Shopify plan, businesses can run standard reports to help them understand problem areas and how to improve their business.

Second, as you move from the basic to the advanced plan, Shopify lowers your credit card fees. For example, the Basic plan charges 2.2% + 20p for online credit card purchases, whereas the Shopify plan only charges 1.9% + 20p for the same order.

This plan, however, does allow for eCommerce automation like workflows, so if that is important to you and your business, you may want to take a look at the Advanced plan.

Advanced

£259 or $299 a month

The Advanced plan allows 15 staff accounts and 8 inventory locations. This plan is best for established businesses with multiple employees. It provides advanced reporting options, which provide you with the best analytics about your business.

One of the best features of the advanced plan is the ability to set customer pricing by market. This means that if you’re selling in London and also in Lancaster, you can price your items based on the cost of living in that market.

You can also collect duties and import taxes for international sales at checkout. This way, there are no extra costs or hidden fees for your customers.

The advanced plan offers eCommerce automation for your Shopify store. This helps you provide unique checkout experiences for different customers, automate tasks, generate product launches and sales, and prevent fraud and inventory issues.

If none of these plans fit your business, you might want to try ShopifyPlus or ShopifyLite.

Shopify plus

£2,000+ or $2000+ a month

Shopify plus is for “Enterprise-grade” businesses with a large volume of purchases. The pricing for plus starts at £2,000 per month and goes up from there, which may be affordable if your purchase volume is high enough to need this plan. Companies like Sony and Clarks use this plan.

If you’re looking to transfer from your existing platform to Shopify, they can complete this transfer within 90 days, about 8-12 months quicker than other software platforms.

ShopifyLite

£7 or $9 a month

ShopifyLite is for smaller businesses that want to add products to an existing website or blog. Lite allows you to run credit card payments on your site for only £7 per month. Basically, ShopifyLite lets you place a “buy” button on any website, whether it’s a Squarespace, WordPress, or Wix, so customers can make purchases using the Shopify interface.

This allows you to accept credit cards through an easy point of sale system, create invoices for clients, and easily keep track of inventory. If you are just starting out or already have a great website, this may be all you need to get started!

Once you have set up your store be sure to refer to our Shopify & Ecommerce Journal for information and support in getting your business up and running.

Shopify’s Yearly Pricing Plans

Shopify is one of the largest eCommerce website builders that allow retailers and brands to expand their approach. Most new eCommerce retailers ask which pricing plan they should choose for their Shopify store. Being one of the prestigious eCommerce markets, Shopify offers several pricing plans such as Basic, Advanced, Shopify Plus, and Shopify Lite-they all are monthly pricing plans. But Shopify allows you to pay yearly on all Shopify’s pricing plans. Subscribing to Shopify’s 1-year, 2-year, or 3-year pricing plans helps you save a significant amount of your budget.

The discount you can get with Shopify yearly plans:

Shopify offers the following discounts for its all pricing plans when you go with a yearly subscription;

• You can get 10% off on all of Shopify’s pricing plans by signing up with 1-year subscription
• You can get 20% off on all of Shopify’s pricing plans by choosing its 2-years subscription plan
• You can get 25% off on all of Shopify’s pricing plans by signing up for a 3-year subscription

Shopify gives you three amazing options to save money on your Shopify subscription. First, you can start with a 14-day free trial to determine which pricing plan best suits your needs. After determining the best features for your Shopify store, you can upgrade to your preferred yearly pricing plan to save a decent amount of money.

Additional Shopify Costs

Premium Shopify themes and add-ons can increase the total cost of ownership for users. Shopify also offers a variety of themes, while Shopify does offer free themes, many stores instead pay for a premium theme that provides all the tools they need to get up and run quickly. Even though premium themes can run you anywhere from $75 to $300, they are often well worth the money because of the time and effort they save you during the site-building process.

The most common Shopify fees are as follows:

• Domain Name: Requires individual purchase from a domain registrar at an annual cost of roughly $15.
• High-Quality Paid Template: Though a free Shopify theme will do the trick in a pinch, most stores choose a paid premium theme so they can get their desired look and feel right away. The cost of a premium theme varies widely, from about $75 to more than $300.
• Paid add-ons and programs: Businesses frequently use paid plugins to extend the capabilities of their Shopify stores. Plugin-by-plugin, prices can range from $5/month to several hundred dollars/month.
• Development: For assistance with Shopify site creation or to head off potential problems, some companies opt to hire web developers or designers.

Exactly How Do Transaction Charges Operate?

When consumer purchases from your store (a transaction), Shopify will deduct a transaction fee from their total bill. Shopify’s prices range from 2 percent for the most basic plan to 1 percent for Shopify and 0.5 percent for Advanced Shopify.

Where Do Transaction Fees Go?

Customers will likely do window shopping in your online store before making a final purchase decision. Maintaining the uptime and stability of your eCommerce website requires Shopify to use a significant amount of resources. As a result, Shopify’s transaction fees are designed to cover the costs of keeping your store online and running smoothly, no matter how many customers are shopping there at any particular time. 

Still not sure? We have a more detailed guide here to help you make a more informed decision on whether or not Shopify is for you and What is Shopify.