Are you considering launching an online store but don’t know how much it will cost? Shopify is one of the most popular ecommerce platforms available and it’s free to sign up and start selling. But how much does it cost to actually begin selling on Shopify?
The answer is: it depends. In this article, we’ll take a look at the various fees associated with utilizing Shopify so you can better understand what you’ll need to pay to get started.
Shopify Pricing Plans
The first cost you’ll need to consider is the Shopify pricing plan. There are three different pricing plans available and each one offers various features and services.
The Basic Plan is the most cost-effective option and is designed for small businesses. It costs $29/month and includes features such as unlimited products, discount codes, and 24/7 customer support.
The Shopify Plan costs $79/month and provides advanced features such as gift cards, abandoned cart recovery, and professional reports.
The Advanced Shopify Plan is the most expensive option, costing $299/month. It includes features such as advanced report building, third-party calculated shipping rates, and advanced fraud analysis.
In addition to the Shopify pricing plan, you’ll also need to consider the transaction fees associated with selling on Shopify. If you use Shopify Payments, there are no extra transaction fees. However, if you choose to use a third-party payment processor, you’ll need to pay a transaction fee of 2.9% + 30¢ for each transaction.
Shopify App Store
The Shopify App Store has hundreds of applications that can help you customize and optimize your store. Some of these apps are free, while others come with a cost. If you decide to use a paid app, you’ll need to factor that fee into your budget.
If you’re selling physical products, you’ll need to factor in the cost of shipping. This will vary depending on the size and weight of your items as well as the shipping carrier you choose. You can use Shopify’s Shipping Calculator to get an estimate of your shipping costs.
Shopify is free to sign up and start selling, but there are other fees associated with selling on the platform. You’ll need to consider the Shopify pricing plan, transaction fees, app costs, and shipping costs when budgeting for your store. With a little bit of research, you can get a better idea of the costs associated with selling on Shopify and make sure that you’re getting the most value for your money.