How Much Does It Cost To Open A Shopify Store?

There are more than 1.7 million merchants selling on Shopify. Its app store has a massive 3,200 apps. So, it would not be an exaggeration to say that Shopify is one of the largest eCommerce platforms in the world today. It is known to be fast-growing and a great solution for upcoming businesses so that they can reach out to their target audiences for quicker and better conversions.

 

Shopify is a great choice when it comes to growing your business. It offers various affordable packages depending on the volume of trade and type of enterprise. You can choose from four to five packages that come with exciting features and benefits. Additionally, you can always play it safe and start off with a free trial, first. Let’s elaborate on the various pricing options if you plan to open a Shopify store– it may help you make a better decision!

Basic Plan

Monthly subscription fee: $29

If you are just starting out with your business venture, or are new to the eCommerce industry, Shopify’s Basic plan is a perfect choice. It comes with simple and basic features from Shopify, so as a beginner you can get a feel for the whole experience and gradually upgrade to higher plans. 

 

One of the downsides of the plan is that it has the highest credit card processing fee of 2.9% + 30¢ per transaction. Some of Shopify’s better features like gift cards and abandoned cart recovery are also “in this plan” or “not included in”  of this plan. However, once you have a look and feel of how Shopify works, you can always scale up.

Shopify

Monthly subscription fee: $79

Businesses growing at a steady pace and looking to take the next step can bump up to this Shopify plan. Way within a $100 limit, you get a variety of features that the basic plan is not privy to. This includes:

 

  • Cart Abandonment Recovery
  • Various Reports for your business
  • Gift cards
  • Lower credit card processing fee (2.6% + 30¢ per transaction)

 

The reports provided by Shopify give you valuable insights on factors like customer purchasing habits, which help you to improve your business activities. With abandoned cart recovery, you can get back your lost revenue and sell more with the option of gift cards. Hence, it is definitely a one-up from the Basic Shopify plan.

Advanced Shopify

Monthly subscription fee: $299

Large scale companies and companies looking to grow their business are the most suitable for this package. The expense incurred from the package is ideal in comparison to some amazing features you get in return. With the fair jump in price, you get all the features in the Shopify plan in addition to robust and customized reports and advanced real-time carrier information about shipping at the checkout.

 

With the last two features, you can work towards improving your cart abandonment rate by solving problems like the unexpectedly high costs at the time of check out. The plan also comes with the lowest credit card processing fee of 2.6% + 30¢ per transaction.

 

Each of the above plans come with 2, 5 and 8 staff accounts respectively, along with a variety of sales channels, inventory locations and a plethora of options for international commerce.

 

Shopify still has two more plans in addition to these mainstream packages that might be helpful for your business:

Shopify Plus

Starting Monthly Fee: $2,000

Shopify plus is an option for the higher grade, heavy-hitting enterprises looking to get into eCommerce faster, with better and premium results. The USP of this bespoke plan is that it helps re-platform software within 90 days or less in comparison to the 12-18 months that is a standard timeline for traditional software. You get to work with a dedicated project manager, account manager, negotiated payment rates, personalized contacts and access to the beta features. With the amount of personalization and attention you get with this plan, selling might feel quite luxurious and rewarding. 

Shopify Lite

Monthly subscription fee: $9

For small enterprises and new entrepreneurs, there is something even cheaper than the basic plan that Shopify has to offer. This $9 plan is a superb solution if you do not want a separate Shopify store altogether. It simply integrates with your existing social media page or online store with a buy button. You can also accept credit cards and create invoices with this plan. 

Start Using Shopify with OrderCircle

With the variety of plans and various costs presented to you, you have a clearer picture of which plan is best suited for you and your eCommerce store. Now, you can easily integrate your Shopify with OrderCircle to get the best order management experience ever. Track everything and take your businesses to the next level with automation, reports, real-time updates and so much more. You can also download the OrderCircle app on the Shopify app store and get your business operations running smoothly. So, why are you still here?