Shopify

Shopify Pricing Plans: Transaction Fees & Comparison

So, how much does Shopify cost? That’s the question that most people ask. 

Here, we’ll provide a quick guide to help you select the best Shopify pricing plans that suit your needs.

Shopify is one of the best ecommerce platforms since it helps you set up your store very quickly.

You can get a store up and running in a matter of hours, but one of the most common questions that most people or companies looking to build their online store is the kind of Shopify pricing plan that will suit them.

There are 4 Shopify Pricing Plans offered by the Shopify team, which you can choose from. These plans include:

  1. Shopify Lite
  2.  Basic Shopify
  3.  Shopify
  4.  Advanced Shopify

Usually, it can be challenging to figure out the one you should choose since you wouldn’t want to spend money on features you don’t necessarily require.

Therefore, learning about every plan with its actual costs is essential to help you choose the Shopify pricing plan that will suit you. Read on to learn more and also our recommendations on each Shopify plan.

Shopify Free trial Banner

Shopify Pricing Plans Overview

Below is the Shopify pricing plan breakdown to help you understand each plan better:

  • Basic plan – It costs $39 per month plus 2.9% and 30¢ per transaction.
  •  Shopify plan – It costs $105 per month plus 2.6% and 30¢ per transaction.
  •  Advanced Shopify plan – It costs $399 per month plus 2.4% and 30¢ per transaction.

The Shopify Lite Plan has a starting price of $9 per month, and it allows you to sell on your website or social media pages.

There is also Shopify Plus, which is an enterprise plan, and it starts at $200 per month plus 2.15% per transaction.

shopify pricing plans 1

With Shopify Plus, you have a massive advantage since it provides all the tools needed for large operations.

However, it is highly recommended to contact Shopify to help you establish a customized rate together with all the features that you need.

Sign up for a free trial and enjoy 3 months of Shopify for $1/month on Select Plans.

The good thing is that this is a very highly customized plan, which means there is no need for us to cover it.

All that you need to do is talk to Shopify in case your store requires this kind of support.

All the Shopify Pricing Plan Costs per Month and Fees

Here is all the information you need to know regarding Shopify pricing plans per month, as well as all other fees involved on Shopify.

shopify pricing plans 2
Shopify Pricing Plans: Transaction Fees & Comparison 9

Hosting, Domains and Cancellations

Shopify provides domains for $11 per year.

However, there are other alternatives to consider, such as GoDaddy, Namecheap, HostGator, and Bluehost, among others.

You can use a free Domain Name Generator to check for creative and unique domain name ideas before you buy it.

shopify pricing plans
Shopify Pricing Plans: Transaction Fees & Comparison 10

These are places to shop and buy a suitable domain for your store.

There’s also an update, which, unlike before, doesn’t require merchants to access OpenSRS if they want to change any information on their domains purchased through Shopify.

There is a domain section where they can access all that information.

As a merchant, there are various things you can do from the admin panel, which include:

  • Change your A records, CNAME, MX records, TXT records, as well as AAAA records;
  •  Efficiently set your Zoho and G Suite email accounts
  •  Turn on or off auto-renew
  •  Add subdomains

Shopify has considerable monthly and yearly payment options, plus you can always upgrade or even downgrade your account at any time without any extra charges.

However, what we highly recommend if you are starting is choosing the monthly plans.

The reason is that it provides you with an opportunity to modify your plan or stop using Shopify since you won’t be stuck in a yearly cycle, which would be a loss if you opt out of the program or choose to stop using the platform.

However, if you already have an established business and you’re just looking to migrate to Shopify to make your operations more accessible, then a yearly plan would be the best option to consider.

An annual plan is also ideal if you’ve been operating on Shopify successfully for a year.

But, if you are a startup or inventor, you should go with the monthly plan if anything happens and you need to shut down.

The good thing is that with monthly plans, Shopify allows you to cancel your plan at any time without any other fees being charged. However, with yearly Shopify pricing plans, your payment won’t be reimbursed, and that is another reason why you need to stick to a monthly plan as you start.

What Shopify plan is ideal for you? Let’s take a deeper look into all the plans so you can better understand the one that might suit your needs.

Shopify Pricing Plans Comparison

Before we get into all the Shopify pricing options, let’s first take a look at the three different options available. Aside from the free trial option, it is always open for everyone who joins Shopify for the first time.

1. Basic Shopify

The Basic Shopify plan costs $39 per month, and it’s the cheapest option available. It includes all the essential features that one needs to start a new online ecommerce business, and these include 2 staff accounts, 24/7 customer support, unlimited products, an online store together with a blog section, and sales channels.

basic shopify plan

There is also an abandoned cart recovery option included in this package.

2. Shopify

The Shopify plan is the standard option and a bit more expensive. This plan is available for $105 per month and comes with everything that is included in the Basic Shopify plan. These include gift cards, 5 staff accounts, and professional reports.

3. Advanced Shopify

The Advanced Shopify is the most expensive plan, which costs $299 per month. It features 15 staff accounts as well as everything that you get from the Shopify package.

The plan also provides you with access to a well-advanced report builder, as well as third-party shipping rates.

Shopify Plan

There are different Shopify payment terms options included in each plan. For example, your online and credit card rates include the following:

  • 2.2% plus 30 USD cents for the Basic Shopify plan
  •  2.6% plus USD cents for the Shopify plan
  •  2.4% plus 30 USD cents for the Advanced Shopify plan

The in-person credit card rates include:

  • 2.7% for the Basic Shopify plan
  •  2.4% for the Shopify plan
  •  2.4% for the Advanced Shopify plan

Other additional fees come from using all the payment providers apart from Shopify Payments, which include 2% for the Basic Shopify plan, 1% for Shopify, and 0.5% for Advanced Shopify.

The Basic Shopify plan includes the Shopify POS app and other third-party POS apps.

The Shopify and Advanced Shopify plans include hardware support, staff POS pins, multiple store location options, and register shifts.

4. Shopify Lite

The Shopify Lite plan costs $9 monthly and provides users with all the tools needed for selling on Facebook, using Buy buttons, and accepting credit card payments.

Although it’s not an online store with a shopping cart, it does well for small companies. It is also suitable if you are trying to make a few installations of the Buy buttons on a website, for instance, on your blog or podcast site.

There is an addition, which includes the Facebook Messenger app that comes with the Shopify Lite plan, and it enables you to chat with your customers easily.

That is a good feature for customer support – to answer customer questions or resolve any issues faster.

Who Is this Plan Suitable for?

The Shopify Lite plan doesn’t work just by purchasing a hosting plan. The only intent of this package is to provide functionalities of an ecommerce business and an existing website.

Therefore, what you need to have is a website with hosting already configured, as well as a domain and other important things. A good example would be installing Shopify Lite on your WordPress website.

Basic Shopify

The Basic Shopify package involves a bit more since there is also a discount code engine, the ability to upload as many products as you want on your store, and tools for fraud analysis.

The main thing about this package is that you get a fully functional site and a blog through this plan. Also, there won’t be any need for you to have a separate website to make it work.

There are also other beneficial perks included in this plan, which are manual order creation, free SSL certificate, 24/7 customer support, shipping labels, as well as unlimited storage of files.

Shopify pricing for this plan is $39 monthly plus 2.9% and 30¢ for every transaction. That is a bit higher when compared with the Shopify Lite plan.

However, with the Basic Shopify plan, you can expand your store with many other products.

Who Is this Plan Suitable for?

This plan is suitable for someone who needs a well-designed and functioning online store but needs more funds to pay for the features included in the more advanced Shopify plans, which are pretty expensive.

It is also a good package if you don’t have a website to work with the Shopify Lite plan as is required. Therefore, we can say it is a good Shopify package.

Shopify Plan

This is the most popular Shopify plan, and it goes for $105 per month plus 2.6% and 30¢ for every transaction.

That is quite a considerable jump from the Basic Shopify plan, but you receive every feature offered by Shopify.

With this plan, you can create a lot of products and also take advantage of everything you would get from the Basic Shopify plan.

There are also additional features that include having access to the Shopify POS, abandoned cart recovery, gift cards, and professional reports.

One of the primary reasons why people choose the professional plan is the fact that they will get the abandoned recovery tool.

The tool is quite efficient as it provides a great way to get contact information from potential buyers who couldn’t complete making their order.

The reason is that it shows that the person who didn’t complete their order was somehow interested in your products, which means you can reach out to them to prompt for a purchase.

Another thing that makes it great is that this tool can send automated emails based on the preferences you have set.

A good example is if a user abandons a cart on your online store, you can send them a promo code or even a message to remind them to complete their purchase after 6 hours.

The feature is quite beneficial because it is estimated that an average of 67.89% of shoppers abandon their shopping carts.

However, the abandoners spend about 55 percent more when they are remarketed to.

Therefore, you must contact customers who abandoned their carts and find out why that happened.

Who Is this Plan Suitable for?

This Shopify pricing plan is ideal for companies that are planning to scale up quickly since there is the availability of unlimited products and storage features provided in this package.

Therefore, if you have a business bringing an income of $5,000 per month, this is a good Shopify plan for you. It is also very suitable because the transaction fee drops to the volume if you use external payment gateways.

What’s more, you will also get the coveted abandoned cart recovery tool, and this can significantly improve your sales without having to work too much on your side.

Advanced Shopify Plan

The advanced Shopify package costs $399 monthly plus 2.4% and 30¢ for every transaction. It provides users with all the features from the other plans and an advanced report builder, third-party calculated shipping rates, and unlimited upload of products.

The advantage of this plan is that the transaction percentage fees are lower when you opt to use external payment gateways.

What makes this plan even more beneficial is the fact that everything is unlimited, which means you get unending storage capabilities.

You have the freedom of uploading unlimited products, posting as many videos as you want, as well as images, and driving all the traffic you need to your store.

The abandoned cart recovery also includes an unlimited package, and this ensures that you can reach high sales numbers; this is what makes the increased price plan for this package worth it.

Read Also:

The feature for the abandoned cart comes with a handy area to help you manage all the customers who have left their carts early to see if they have received an email or even find out why they left early.

What’s more, with the Advanced Shopify plan, you have a dashboard that allows up to 15 users, plus it comes with the best shipping discount when you compare it to other plans.

Who Is this Plan Suitable for?

The advanced Shopify plan is ideal for companies that are okay with letting third-party services handle their shipping.

The plan is also suitable for companies with high-end revenue but still crave advanced reports, which allow them to test and project.

An advantage of this plan is that it has a decreased transaction fee and shipping discounts, which make it quite suitable for businesses that bring in up to $10,000 per month and above.

Shopify Plus

The Shopify Plus plan is an enterprise-level system that requires resources to focus on design and marketing instead of order management.

Your website will be fully hosted, and you won’t incur transaction fees. There is also 200TB storage, which is more than enough to handle the robust stores.

Regarding pricing for this plan, we recommend contacting Shopify for a personalized quote, depending on your needs.

However, this plan can cost you around $2,000 or more monthly.

Who Is this Plan Suitable for?

This plan is suitable for large companies like the Los Angeles Lakers, among others. However, this doesn’t mean this isn’t suitable for smaller companies.

Therefore, if you have a large team and want to save time managing orders, this plan can provide the right way to automate that.

Monthly vs. Annual vs. Biannual Costs

All Shopify pricing plans offer a slight discount if you opt for an annual payment plan.

You will get a 10% discount from your annual plan on all monthly monthly prices when you pay upfront. But your biannual payment plan receives a 20% discount.

Transaction Fees and Credit Card Rates

If you choose to use the Shopify payments processor, you won’t have to worry about fee processing.

But, if you opt for a payment option like PayPal or any other, you are expected to pay around 3% plus 30¢ for every transaction. You will get charged by Shopify from your turnover, which may range between 0.5 – 2%.

Credit card rates and transaction fees are some of the things that are most annoying when it comes to implementing part of any sales channel or POS solution into your online store.

If that weren’t the case, all store owners would have the opportunity to take high-volume sales and ramp them up on their monthly revenue without paying even a penny.

However, you will be charged at least a basic fee for credit card payments and transactions by all eCommerce platforms and checkout tools.

The amount of money you pay from other Shopify costs, as well as all your transaction fees, highly depend on what is offered in your specific plan.

Here are the common examples:

  • Basic Shopify plan – The plan is available at $39 per month. This plan features everything you need to launch your business fast. It includes essential solutions for your ecommerce store. The transaction fee charged in this plan is 2.9%, and an additional 30¢ for every purchase. From Shopify, that is the highest price.
  •  Shopify Plan – The Shopify standard account option has an annual plan of $105 per month, and it includes credit card rates that are slightly different. If you plan on taking credit card payments when subscribed to this plan, you must pay 2.6% with an additional 30¢ per transaction.
  •  Advanced Shopify plan – This plan includes the highest monthly charges, but it offers lower transaction rates. With this plan, you must pay 2.4% and an additional 30¢ for every transaction.

Therefore, looking at all the above plans, which have different charges and features, we can conclude that the higher you pay for the Shopify app and POS solution, the fewer transaction fees you’ll incur in the long run.

What this means is that if you are worried that you may be paying for everything from credit card rates to shipping rates when selling plenty of products in your store, then it might be worth it to upgrade to the Advanced Shopify pricing plan to have your payment processed.

The good thing is that the advanced plan has extra features that are very beneficial to run your business.

These include options to customize your sales channels, social media integrations, support for high-volume sales, and advanced monthly revenue reports, among others.

Notable Things to Spend Your Money on Shopify

One thing you need to know is that since apps are different, they all come in various shapes and sizes, and you can get them on the Shopify App Store, where you can browse and select the ones that will suit your business.

The apps provided on the Shopify app store provide you with assistance with everything that you may need, including email marketing and automated receipts, plus many others, which are given out for free.

Some Shopify apps require monthly payments, although this will depend on plans in your business.

Therefore, we recommend you avoid apps that require you to pay monthly subscriptions as you start. The reason is that most of the time, you can find a suitable solution even without paying monthly for an app.

But, sometimes, you might stumble upon a paid plan app that may be too good to pass. Therefore, if such a thing happens, try as much as possible to keep the paid apps to a minimum amount and only choose the ones that will eventually start paying for themselves as soon as possible to avoid ending up in losses.

Additional Costs on Shopify

There are also other additional costs you need to consider beyond just what is offered in your Shopify plan. That only comes about when you want additional functionality on your Shopify store.

  • Costs of Shopify app store – Some third-party app providers in the Shopify marketplace may charge a small fee for you to add other necessary functionality to your store. In case you are looking for the benefits of extra plugins and apps, for instance, an app that supports Google Analytics and Dropshipping, then you may be required to pay for them.
  •  Domain name – Your domain name is another cost that you will need to consider when using Shopify. Shopify allows you to register a unique domain name directly, from $11 to $14 for a one-year registration. Another good thing is that you have the option of buying your domain name from elsewhere and then migrating it into Shopify.
  •  Email hosting – Unfortunately, Shopify doesn’t provide email hosting as an internal option. However, you have the option of setting up email forwarding to your Shopify domain through third-party hosting. Typically, you must pay for the email hosting service as part of a website hosting package.

Are Shopify Transaction Fees Affordable?

Although Shopify transaction fees are fair when considering the amount required for processing payment features your small business will get in return, most companies may be unhappy.

We need to look in-depth at how transaction fees work to help you understand why you need to deal with them.

When a customer purchases a product from your Shopify POS, they are charged a transaction fee—the transaction fee changes depending on your Shopify pricing plan.

Although it may seem unfair at first, it takes a lot of power and processing bandwidth for Shopify to handle things such as the storage of files and the checkout process.

What Shopify does is charge you for the work that it does to help keep your business up and running. That dramatically helps even when there are thousands of visitors on your site at the same time purchasing products.

Although it is easy for you to assume the monthly plan you pay for with your store can cover this expense, what you need to know is that you are paying for the software and sales tools.

What your monthly fee covers is the support for an unlimited number of products on your store, and also excellent support, as well as real-time hosting for store owners.

If you believe the transaction fees are unfair, you should consider that most other companies charge these fees, too. For example:

  • Wix – It doesn’t charge you regular transaction fees, but when you sell products through their service, you need to be on the VIP or ecommerce plan. This means you pay a little more for your service each month. Moreover, you must pay a percentage for each purchase managed by a payment gateway provider.
  •  BigCommerce – They don’t charge any fee for any sales that you make, but if you happen to generate more sales in the usual month, you get bumped up to higher plans automatically. That means that you will be forced to pay more for the services. Shopify doesn’t do that.
  •  Volusion – This platform limits the bandwidth you have access to every month. That means that you will be restricted to the amount of people who can visit your online store. Compared to Shopify, you know that you are not limited in terms of bandwidth like Volusion does. But, the catch with Volusion is that you won’t be required to pay transaction fees, and the downside is that you will not have plenty of sales opportunities.

Shopify Payments

You also need to know that in case you don’t want to deal with the Shopify transaction fees, you have the opportunity to switch to Shopify payments, which will make Shopify remove the fees.

Shopify payments enable you to process payments from your clients and then move them into your bank account.

Using this application, Shopify can earn the fees charged on credit cards, meaning that the transaction fees can be waived.

Therefore, instead of paying fees plus the credit card fees, you only pay the fees charged on credit cards.

In simple terms, Shopify payments help you save money in the right ways.

The credit card rates that you pay with Shopify on its own are lower compared to the fees you would get from a payment gateway like PayPal. Therefore, that significantly helps to keep your costs very low.

Start your US LLC today.

We’ll form your LLC, get your EIN, and open your business bank account.
All for $297 + state fee.

Is Shopify Payments Idea?

If you are looking for the right way to upgrade your strategy for sales from selling products on eBay and Amazon, then Shopify can be a great option to consider.

The platform includes its app store and many other delightful Shopify apps to help you customize all the transactions.

What’s more, currently, Shopify is among the most reliable and secure solutions in the marketplace.

But, since you only have the chance to use Shopify for free for a very short time, you need to ensure that you come to terms with all the associated costs before you consider starting to run your online store entirely from the platform.

If you are someone who hates transaction fees, then consider opting for Shopify Payments to avoid them.

The reason is that with Shopify Payments, you will save more money than you would while using other ecommerce website builders.

Things such as unlimited bandwidth from Shopify provide you with an excellent opportunity to scale your business flexibly as long as the services offered by Shopify appeal to you.

Another advantage is that Shopify Payments helps avoid pesky transaction fees altogether.

These are among some of the main reasons why Shopify states that approximately 85 percent of their users use Shopify Payments when they have it available.

Shopping Pricing FAQs

In this section, we will talk about some of the most common questions and their answers about Shopify fees, together with their solutions from experts.

Is Shopify expensive?

When it comes to Shopify pricing, there are 3 primary tiers of Shopify pricing, and they include:

1. Basic Shopify plan – $39 per month

2. Shopify – $105 per month

3. Advanced Shopify – $399 per month

You get a good discount if you sign up for a year or more upfront. The discounts include:

  • 10% off when you sign up with Shopify for an annual plan
  •  20% off when you sign up for 2 years
  •  25% off when you sign up for 3 years upfront

Aside from just the main fee, there are also other separate fees on transactions, as well as credit card processing.

Sign up for a free trial and enjoy 3 months of Shopify for $1/month on Select Plans.

Are there transaction fees on Shopify? What are the processing fees and credit card rates?

The answer to this question is yes and no. When you are using Shopify Payments, there aren’t any transaction processing fees.

However, when you use external payment gateways, for instance, PayPal, Stripe, or any other, you will pay additional fees depending on your subscription plan.

They include:

  • Basic Shopify plan – 2% for every transaction
  •  Shopify plan – 1% for every transaction
  •  Advanced Shopify plan – 0.5% for every transaction

No matter the payment gateway you choose, you will still be charged credit card processing fees if your customer decides to use a credit card when paying for purchased items. You also need to know that the specific rate is highly dependent on the subscription plan that you have. This includes:

  • Basic Shopify – 2.9% plus 30¢ for every transaction
  •  Shopify plan – 2.6% plus 30¢ for every transaction
  •  Advanced Shopify plan – 2.4% plus 30¢ for every transaction

What is “Shopify Payments”?

Shopify Payments is the Shopify payment processing gateway. Using it will help you avoid additional fees from customer transactions, such as credit card processing fees.

However, if you decide to use an external payment gateway like Stripe or PayPal, you will incur additional fees based on the subscription plan that you have. That includes:

  • Basic Shopify plan – 2% for every transaction
  •  Shopify plan – 1% for every transaction
  •  Advanced Shopify plan – 0.5% for every transaction

Are there Shopify setup fees?

The answer to this question is no. You will not incur additional fees on top of your regular Shopify monthly cost and the per-transaction fees when setting up your Shopify store.

Unless you want to hire a professional Shopify store developer or buy a ready-to-launch store like our Prebuilt Store.

Is Shopify free to use?

Unfortunately, Shopify is not accessible to use. But, there is a free trial period which you can get started with, and it will significantly enable you to build your store and make it available to the public as soon as possible.

However, if you want to keep on receiving sales after your trial period is done, you are required to select one of the paid plans:

  • Basic Shopify plan, which only costs $39 per month
  •  The Shopify plan, which costs $105 per month
  •  Advanced Shopify, which costs $399 per month

Currently, there isn’t any free plan offered by Shopify.

Do I need a credit card to start a Shopify trial?

No, currently, Shopify offers $1 Per month for the next 3 months, which means you only spend $3 at the end of this trial;, which doesn’t require you to have a credit card. This provides you with an opportunity to test the system and see if you like it; you can even build your store and make it available to the public very fast.

It is only at the end of the trial period when you want to upgrade to a paid plan that you’ll need to have a credit card to pay for it.

Which Shopify plan is suitable for a new store?

Usually, the Basic Shopify plan is always the most suitable one for a new store that is just getting started and hasn’t made any sales yet. The Basic Shopify plan costs only $39 per month, and if you choose to pay for an entire year, you will get a 10% discount. If you pay for 2 or 3 years, you will get 20% or 25% off, respectively.

Is Shopify cheaper compared to WooCommerce?

No, generally speaking, Shopify is not cheaper compared to WooCommerce. However, when it comes to setup with both of them, you get what you pay for.

Can my whole team work in the store?

Yes, you can have a team working on the store. However, your team number will depend on your Shopify plan. For instance:

  • You get 2 staff accounts for the Basic Shopify plan
  •  5 staff accounts for the Shopify plan
  •  15 staff accounts for the Advanced Shopify plan

How many products am I allowed to sell on Shopify?

The good thing is that Shopify allows more products you can sell in your store. You can sell unlimited products.

How many sales and web visitors can I receive?

Still, there are no restrictions or fees associated with the popularity of your store. You can receive as many visitors as possible and unlimited orders on all the Shopify plans.

Shopify Pricing: Conclusion

Shopify pricing is one of the main things most business owners need help dealing with when building their online stores.

However, when you know what you need and all the features that will suit your store, you will eventually have the right option to choose from all the Shopify Pricing plans offered on the platform.

Small Request

Kindly share it with your friends. Especially the ones you believe need this information. Sign Up Now and Get your first 3 months for only $1 monthly.

Shopify sign up offer $1/month
Shopify Pricing Plans: Transaction Fees & Comparison 11
13624

Sharing this information with others can make a huge difference. You may ask why.

Well, the truth is, my main aim is to provide the best information about drop shipping for both beginners and experienced dropshippers.

And I plan to continue doing so for as long as I can.

I would also like to thank those who support my work by reading and sharing my content.

Trust me, when you take your time to share, it will greatly help me and others who need this information.

Here are some great suggestions:

  •  Pin it
  • Share it on another blog.
  • Share on Facebook (Share it with friends and even on Facebook groups)
  • Tweet it
  • Stumble it

This will only take a few seconds of your time, and I would appreciate it.

I appreciate you a lot. Thank you!

Join my Shopify dropshipping group mastermind and follow my blog to learn more about Shopify tips, dropshipping guides, tricks and checklists, and e-commerce in general.

If you enjoyed and learned something from this post, you can get me updates for free!

I send out email newsletters about new blog posts, tips, and tricks to help you grow your dropshipping business, new YouTube videos to give you more insights into the e-commerce market, and much more.

If you enjoyed reading this, you could also join my Facebook group. Thank you for reading how to make money dropshipping online from the comfort of your home.

Click here to Join My Facebook Mastermind Group