Over 4.4 million websites from more than 175 nations are using Shopify to sell their products.
Shopify is the leading e-commerce platform for opening your store. Many merchants see Shopify as a trustworthy website and set up their stores on this platform.
If you are planning to start a new online business on Shopify or trying to make an existing one online, then you need to know how much Shopify takes per sale, what are the pricing plans of Shopify, etc.
In this article, I have compiled everything that you want to know.
Without wasting time, let’s see it.
A Total Breakdown Of Shopify Pricing Plans
Shopify provides three main pricing plans to its customer, from the basic to the advanced plan. Here is a total breakdown of Shopify pricing plans. Also, I have compiled here what you will get in that plans.
Now you know about Shopify’s pricing plan from the above screenshot. Before we get into all the plans, you should know that Shopify also offers a 3-day free trial for everyone to try. Let’s see each plan in detail and understand what is included in that plan.
1. Shopify Basic Plan- $39/Month (Before it was $29/Month)
This plan is popular among Shopify’s customers. It is an ideal plan for a new e-commerce business. It comes at $39 per month.
This plan allows you to create an e-commerce website for your store on Shopify. With this, you also get unlimited product listings, 24/7 customer support, and two staff accounts.
The plan offers the following features to you:
- 2 Staff accounts
- Discount Codes
- Free SSL Certificate
- Manual order creation
- Inventory locations up to 4
- Up to 77% of shipping discount
You can manage your business efficiently with a Basic plan. This plan can be best for beginners. If you are a beginner, then you can consider this plan.
2. Shopify Plan – $105/Month (Before it was $79/Month)
Shopify plan provides all those features to run your e-commerce business smoothly. It comes at $105/Month. This plan gives you all features of the basic plan and some additional features.
This plan comes with a performance report, which means that by using this plan, you can track your website’s loading uptime and speed.
This plan included the following features:
- 5 Staff accounts
- Performance Report
- Shopify POS
- You can assign up to 5 inventory locations
- Gift Card Payment
- Up to 88% of shipping Discount
3. Shopify Advanced Plan – $399/Month
Shopify’s advanced plan is ideal for big e-commerce enterprises or businesses. This plan is entirely for you if you have a vast customer base and a large inventory.
This plan includes all the Basic and Shopify plan features and gives you some additional features. It comes at $399/Month.
This plan includes the following features:
- Let you compare your shipping rates with different carriers (You can set your shipping rates by considering others)
- 15 Staff accounts
- You can assign inventory to up to 8 locations
- Extensive performance report
- Low transaction fees
The excellent thing about this advanced plan is there is no restriction or limit on anything.
Other than these three plans, Shopify provides its customers with two more plans. These plans are Shopify Starter and Shopify Plus Plans.
These Shopify plans are different than the above-discussed plans. Let’s get the detail about it.
4. Shopify Starter Plan – $5/Month
Shopify Starter replaced the Shopify Lite plan a few days ago. Now there is no Shopify Lite plan. Shopify Starter Plan comes at $5/Month.
In this plan, you can’t build a website for your store. This plan is just for those who want to sell their products through social media platforms such as Instagram, Facebook, TikTok, etc.
With this plan, you can provide customers with a product’s checkout link and storefront. With these links, you can sell your products to customers.
5. Shopify Plus Plan
Shopify Plus plan is a customized plan. You can customize this plan according to your needs.
This plan has all the features of all Shopify plans and some extra features. The best part of this plan is automation.
You can automate your shipping and order management. This can save a lot of time, which you can invest in another part of your business.
In this plan, you will have a success manager to help you with anything and anytime, such as in marketing and technical support.
The pricing for this plan is not set. This plan’s price depends on your need and your customer base.
This plan starts from $2000/Month and goes up according to your needs. This plan is basically for big enterprises.
Shopify Pricing: Monthly Vs Annual Vs Biannual
We have just discussed the pricing of all Shopify Plans. But we have seen only the monthly price of every plan.
In this section, we will see the Shopify Plan’s price by monthly, annual, and biannual subscription.
Here is a table showing the discount on Shopify plans if you get an annual, biannual, or three-year plan.
Here is a table showing the monthly and yearly pricing of Shopify Plans
|Shopify Basic Plan||$39||$29|
|Shopify Advanced Plan||$399||$299|
If you are new to Shopify, you can purchase plans according to the size and need of your business. Shopify offers plans for every stage of business. They have plans for beginners as well as for big enterprises.
Additional Shopify Cost
Some additional Shopify costs are not included in your Shopify plan. Before buying any Shopify plan, you must know about these extra chargers of Shopify.
Let’s see the detail of these additional chargers.
Shopify Credit Card Rates
Shopify credit card rates vary from plan to plan. As you go to the upgraded plan, these rates decrease. These rates are high for the basic plan.
Here is a table showing the credit card rates by Shopify Plan
|Plans||Credit Card Rates (Online)||Credit Card Rates (In-person)||AMEX Credit card rates|
|Shopify Starter Plan||5% + $0.30||–||–|
|Shopify Basic Plan||2.90% + $0.30||2.70%||3.90% + $0.30|
|Shopify Plan||2.60% + $0.30||2.50%||3.60% + $0.30|
|Shopify Advance Plan||2.40% + $0.30||2.40%||3.40% + $0.30|
|Shopify Plus Plan||2.15% + $0.30||2.15%||1%|
These are the extra credit card rates of Shopify. These rates are not part of your Shopify subscription plan.
Shopify Transaction Fees
There are additional charges if you use third-party processors for payment other than the Shopify payment method.
Here is a table showing the transaction fees for third-party processors by Shopify Plan.
|Shopify Starter Plan||5%|
|Shopify Basic Plan||2%|
|Shopify Advance Plan||0.50%|
|Shopify Plus Plan||0.15%|
To avoid these transaction fees, you can use the Shopify payment method.
Website Building Cost
When you build a website on Shopify, there are many features that Shopify offers free to you. But there are some paid features also. We will see all these features in this section.
- Domain Name
You don’t need to host your domain on Shopify. It offers domain names as a part of your plan. You can choose a domain name for free from Myshopify.com.
But, if you want to choose a different domain name or you want to customize your domain name, then you must pay extra charges. This will cost you approximately $11 to $81 per year.
If you already have a domain name, then you can link that to your Shopify store for free.
- Designs and Theme
When it comes to an e-commerce website, good designs matter a lot. Good designs and graphics leave a massive impact on your customers.
On Shopify, there are 100 free themes from which you can select for your website. But there are 70 premium themes, so you must pay Shopify for those themes.
Premium Shopify themes cost range between $150 to $350. You can buy any theme from Shopify or use the free one, and you can check our guide on free Shopify themes and choose the right one for yourself.
Shopify has more than 3000 apps. These apps can increase the functionality of your business.
You can choose any free app from Shopify; otherwise, you can pay for the app. These apps allow you to add features that Shopify does not provide in its plan.
Shopify POS Payments
If you want to receive your payments in person, then Shopify offers you two options Shopify POS Lite and Shopify POS Pro. Let’s get the detail of it.
- Shopify POS Lite
Shopify POS Lite comes with your plan subscription. On this payment, in-person credit card rates are applicable.
- Shopify POS Pro
You can also choose Shopify POS Pro on every plan with an extra $89/Month. But here also, credit card rates are applicable.
How To Reduce Shopify Costs?
Shopify is a popular ecommerce platform that makes it easy for anyone to set up an online store. However, the costs can add up, especially with high sales volume. Here are some tips for reducing your Shopify costs:
1. Choose the Right Plan
Shopify comes with four different pricing options, and each plan is suitable according to your business size. Carefully consider your business needs when choosing a plan. For example, if you don’t need advanced features like abandoned cart recovery, start with the Basic Shopify plan. You can always upgrade later as your business grows.
2. Use Shopify Discounts
Take advantage of any available discounts on your Shopify fees. For example, Shopify offers a discount for annual payments versus monthly. There are also discounts available for students and nonprofits. Check for coupon codes before signing up.
3. Minimize Transaction Fees
Shopify charges a transaction fee for each sale ranging from 2.4% – 2.9%. To reduce transaction fees, encourage customers to use alternate payment methods like bank transfer or cash on delivery with lower fees. Also, increase average order value so transaction fees make up a smaller percentage of each sale.
4. Use a Free Payment Gateways
Shopify Payments charge a transaction fee for each sale. But you can use an alternate payment gateway like Stripe or PayPal to avoid transaction fees. Just keep in mind that third-party gateways have their own fees to consider.
5. Negotiate Processing Rates
If you have a high sales volume, you may be able to negotiate a lower credit card processing rate with Shopify Payments. This can add up to major savings on fees. Keep in mind volume tiers start at $800k/year.
6. Limit Abandoned Carts
Shopify charges for recovering abandoned carts via email. Reduce abandoned cart rates by optimizing your store for conversions. Make checkout easy, offer discounts at checkout, and send cart reminders before customers abandon.
7. Reduce Third-Party Apps
Resist the urge to overdo it on apps. Stick to essentials that provide value and remove unnecessary apps to avoid monthly fees. Shopify has a free App Store, but paid apps add up.
Here we are at the end of the article. I want to sum up this by saying Shopify offers budget-friendly plans to you. You can choose the plan according to your need and business size. Even you can customize your Shopify Plan.
For the latest update about Shopify plans, keep visiting this article. We will be updating this from time to time.
Having learned about all the finances, see how you can earn money on Shopify with a side hustle.
According to Shopify, there are no transaction fees to the stores using Shopify Payments. But, stores using third-party payment methods have to pay extra charges such as 2% for the basic plan, 1% for the Shopify plan, and 0.5% for the advanced plan.
These percentages vary from plan to plan. For the basic plan, it’s 2.90% + $0.30; for the Shopify plan, it’s 2.60% + $0.30; and for the Advanced plan, it’s 2.40% + $0.30%.
According to Folio3.com, the average monthly income of a Shopify store is almost $3,897.
Shopify is the best online store builder for point-of-sale, multi-currency selling, and dropshipping. So, it is good to sell on Shopify.
According to Demandsage, the United States is the biggest market of Shopify. After that, the second biggest market is the United Kingdom.