Shopify Pricing: Which Shopify Plan I Should Choose?
Shopify Pricing: Which Shopify Plan I Should Choose?
- June 20, 2018
- Posted by: Editorial Staff
- Category: Uncategorized
Shopify is by far one of the most used and trusted eCommerce platforms for online stores in the world. The platform has powered over 500,000 online stores which is currently functional across 175 countries.
Nevertheless, despite of being trusted globally, their pricing has a mixed review amongst their users. It cuts down into two different group.
One part accepts the cost of Shopify as well worth it and another part expresses their unhappiness by seeing the platform as a rip off.
Shopify offers four plans for users which are Lite, Basic Shopify, Shopify and Advanced Shopify. Users sometimes struggle to choose the right plan and quite often end up in buying a plan which has features the users actually don’t need. So users often complain about Shopify being over priced although the set of features fits perfectly with the price.
So what’s the reality? How much does Shopify actually cost and which plan a user should choose?
Well, that’s what this post is all about and will help you as your adviser while you are about to choose any of the Shopify plans.
Shopify basic plan starts from $29. The following plan costs $79 and the Advanced plan costs $299. All are billed on monthly basis.
Some people gladly grab the packages and start using it without holding back. Some cringes and take the packages as overpriced. But why? Our research has shown that its mainly because of the lack of understanding about the benefits of every function which the platform has.
A group of users who are thriving to elevate their business online by using the latest technology and want to keep up with the rapid market growth vastly accepts the pricing of Shopify.
Then there is an another group of users who are little reluctant to spend an amount that they feel like is high. Even if the amount perfectly fits with the ROI yet there is always a cringe. This mainly happens when users are unable to distinguish and identify the features properly.
We all want the perfect deal when we are buying anything. We all want to save money in every purchase if possible and there is nothing wrong about it.
But, when it comes to online store success, the primary focus has to be the benefits and return in long run against every investment is made. Pricing should be the last factor to consider after analysing the benefits a tool can provide to your business.
It’s a fact that Shopify is not the cheapest eCommerce platform in the hood. But it is considered as one of the best tools to build successful online stores on which you can invest.
In this post, we will not suggest you to spend money blindly only because Shopify is used and trusted worldwide. Rather we will give you an acceptable explanation about the pricing differences and features.
Shopify pricing plans-How much it really costs?
If you are on Shopify pricing page, you will see the plans are on monthly payment basis. This means if you stop making the payments on monthly basis the service will stop.
However, if you are upgrading the plan to yearly or two yearly basis, you can save a significant amount of money.
Basic Shopify- $29/month
# 1 year upgrade cost is $312, you save $36 ( if your paying monthly you pay $29*12= $348 in a year )
# 2 year upgrade cost is $558, you save $138 ( if you are paying monthly you pay $29*24= $696 in 2 years)
# 3 year upgrade cost is $783, you save $261 ( If you are paying monthly you pay $29*36= $1044 in 3 years )
Shopify Plan- $79/month
# 1 year upgrade cost is $852, you save $96 ( If you are paying monthly, you pay $79*12= $948 in a year )
# 2 year upgrade cost is $1518, you save $378 ( If you are paying monthly, you pay $79*24= $1896 in 2 years
# 3 year upgrade cost is $2133, you save $711 ( If you are paying monthly, you pay $2844 in 3 years )
Advanced Shopify- $299/month
# 1 year upgrade cost is you $3192, you save $396 ( If you are paying monthly, you pay $299* 12= $3588 in a year )
# 2 year upgrade cost is you $5640, you save $1536 ( If you are paying monthly, you pay $299*24=$7176 in 2 years )
# 3 year upgrade cost is you $7884, you save $2880 ( If you are paying monthly, you pay $299*36= $10764 in 3 years )
So with every plan, you always have an option to save money. Shopify is a long term solution for eCommerce business and one time payments are always more profitable for the users. It not only saves you money but also lets you use the platform without any interruption of monthly billing.
Shopify packages: A complete breakdown
|Feature||Shopify Basic||Shopify||Advanced Shopify|
|Transaction fees||External Gateway 2% & Shopify payments 0||External Gateway 1% & Shopify payments 0||External Gateway 0.5% and Shopify payments 0|
|Abandoned cart recovery||No ( But apps can be used )||Yes||Yes|
|Advanced report builder||No||Yes||Yes|
|Domain||Not available. However, you can buy one through Shopify for $13/year or redirect an existing domain.|
|Real time carrier shipping||No||No||Yes|
|Support 24/7||Email, Chat, Phone||Email, Chat, Phone||Email, Chat, Phone|
|Email accounts||Not Available. You have to use your own email hosting provider to manage your email addresses which can be unlimited.|
|Info||Only US though may vary slightly for other countries|
|Credit Card Rate ( Shopify Payments )||2.9% + 30¢*||2.6% + 30¢*||2.4% + 30¢*|
One thing to note that is Shopify payments are not supported in every country. So from some part of the world you will have to use external gateways and no matter which package you are using, there will be transaction fees to pay. Here is a list of countries which accepts Shopify payment-
Shopify plans differentiating factors: Which one rules?
The Basic Shopify Plan lets you sell unlimited number of products which is the cheapest solution out there for huge product range. You also don’t have any limit on file storage or adding products. The areas where you will be limited are gift cards, professional reports, abandoned cart recovery and other sales increasing features. You will still get full telephone support though.
The Shopify Plan will only cost you $50 more then the basic plan. But it gives you access to professional reports, abandoned cart recovery, gift cards, advanced report builder and also lower credit card payment rate which is 0.3% lower. This plan helps you to get a better and deeper insight of your store and lets you analyse critical factors easily with important data.
The Advanced Shopify Plan is the most expensive plan in the list. Though it has the lowest credit card payment rate including the best shipping conditions for the US territory. This is the only plan which lets you use real time carrier shipping feature that automatically calculates shipping cost by a third party. Moreover, its got an advanced report building feature that will help you to generate more customised reports.
The Shopify Plus Plan is an enterprise solution for businesses looking for a a climbable eCommerce platform. Though its massively expensive. According few sources online it may cost you $2000 or more. However, there is no minimum or maximum limit available for pricing of this plan. Normally, large business having a sales volume of minimum $1 million uses this plan. But it does not mean business having lesser or higher sales then this can’t or not using it. This plan lets you have features that fits best to your business and you can fully customise it. If you want to buy it simply contact with the Shopify Team.
Customising and Cancelling: Which Shopify plan allows it?
No matter which plan you are buying you can always upgrade, downgrade or fully cancel it anytime as long as you are in a monthly billing process. We suggest you start with monthly billing process to have lesser financial burden and upgrade it to a yearly subscription in few months to save significant amount of money. This will help you to pay as you go and experience Shopify in lesser cost and spend a sum when you are fully confident on the ROI.
Domain and email hosting on Shopify Plans: How much it costs?
No Shopify plan includes domain name or email hosting. However, you can buy a domain name through Shopify for $13. Although we suggest you definitely compare the price of the domain name you want on other providers like namecheap, GoDaddy etc to get the best deal.
None of the plans includes email hosting either. You got to use a seperate email hosting service for it and bare the cost too.
Custom templates: Which Shopify Plan allows it?
All the Shopify Plans allows you to add custom templates including apps with special features from the Shopify app store. You will find most of it free. However, if you want something extra or special features it may cost you more.
Finally: which Shopify Plan you should choose?
Long story short, Shopify plans are all rulers if you wanna dive in to online sales and start making more money from it. You got a store and you wanna sell more with ease and have as less technical jargons as possible, Shopify is a complete solution. If you are starting off and got a tight budget the basic plan is a great option. If you are selling already and want to increase it then choosing the Shopify Plan gives you additional features to use. If you are selling high already and want to upgrade every sales increasing areas of your store, the Advanced Shopify Plan is incredible. If you are an enterprise and selling in millions or more then get fully customised and scalable package through the Shopify Plus Plan. So it depends on two final questions. What stage of business you are and what you want to achieve online is the answer of which Shopify plan you should choose. One thing which we can confidently say is that no matter which plan you select, it will give you results that it was made for and you you will not be disappointed.