Shopify Monthly Cost: Complete Guide

Delve into the comprehensive guide on Shopify monthly cost, demystifying pricing plans and outlining essential features. Gain insights to navigate the intricacies of managing online store expenses effectively. 

Discover the ins and outs of Shopify monthly cost to make informed choices tailored to your e-commerce needs.

Shopify Monthly Cost Overview

Shopify presents three distinct plans – Basic, Shopify, and Advanced – each offering unique features.

shopify monthly cost
Image Source - shopify.com

Take advantage of a 3-day free trial, and following that, enjoy a special $20/month rate for the initial three months. 

For more tailored solutions, explore Shopify’s Starter, Retail, and Shopify Plus options, designed to cater to the specific needs of your business.

Image Source - shopify.com

Shopify provides flexible alternatives to accommodate the diverse requirements of businesses at various stages.

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Shopify Monthly Cost – Detailed Breakdown 

1. Basic

Cost: $23.92/mo

Features

    • Online store: Begin your online store using Shopify’s powerful e-commerce platform.
    • 24/7 support: Enjoy 24/7 support from Shopify, regardless of the plan you’re enrolled in.
    • Unlimited contacts: There’s no restriction on the number of contacts you can add to your Shopify account.
    • Language translation: Enable language translation for your store to offer customers in various markets a familiar shopping experience.

Limitations

    • Staff accounts: Improve the management of your store by enlisting a staff member. 
    • Hydrogen storefronts: Take advantage of Shopify’s React-based framework to design a custom storefront, and deploy them without cost using the inherent Oxygen hosting. 

This plan is best for:

Individuals and small businesses

2. Shopify

Cost: $89.35/mo

Features

    • Unlimited products: There’s no limit to the number of products you can add to your store.
    • Sales channels: Utilize multiple sales channels, including social media and online marketplaces, to effectively promote and sell your products.
    • Manual order creation: From your Shopify admin, seamlessly create new orders and input payment specifics easily. 
    • Customer segmentation: You can categorize and group your customers into numerous segments.

Limitations

    • Staff accounts: Build a capable team of 5 to support your store management tasks, including product additions and order management.
    • Reports: Explore a diverse range of standard reports to aid in monitoring and analyzing your store’s performance.

This plan is best for:

Growing businesses

3. Advanced

Cost: $361.91/mo

Features

    • Discount codes: Present your customers with the choice of a fixed amount, a percentage off, or discounted shipping on products or collections.
    • Abandoned cart recovery: Configure your system to send automatic emails to customers who abandon their carts without completing the checkout process.
    • Analytics & Reports: Access an extensive selection of advanced reports to support you in tracking and analyzing your store’s performance.
    • Third-party calculated shipping rates: Display calculated rates during checkout using your account or third-party applications.

Limitations

    • Inventory locations: Manage inventory, fulfill orders, and market products across 1000 locations.

This plan is best for:

Medium to large-scale firms

4. Starter

Cost: $5/mo

Features

    • 24/7 email support: Their 24/7 email support is ready to assist you with any questions or concerns you have.
    • Add a buy button: Embed a buy button onto your existing website effortlessly.
    • Product links to sell on social media or messaging apps: Generate specific product links for selling through social media or messaging apps.

This plan is best for:

Startup firms

5. Retail

Cost: $83.99/mo

Features

    • Flexible payments: Accept payments on the spot, accommodating cash, credit cards, and debit cards.
    • Inventory control for multiple locations: Effectively handle your inventory in diverse locations. 
    • Track sales and customer insights: Efficiently track sales and customer data to enhance your business strategy.
    • Generate and print receipts: Quickly produce and print your receipts in a few clicks.

This plan is best for:

Establishments with physical retail locations

6. Shopify Plus 

Cost: $1826.51/mo

Features

    • Unlimited product listings: Showcase an extensive and diverse range of your products without constraints. 
    • Customizable themes and branding: Tailor the look and feel of your website with personalized themes, colors, and layouts.
    • Support: Your business receives dedicated 24/7 priority support, ensuring quick assistance and resolution for any issues that may arise, courtesy of their experienced team.

This plan is best for:

Complex e-commerce enterprises

Moving ahead, delve into a comparative analysis of Shopify’s various pricing options.

Also, read How To Add Collection On Shopify: Complete Guide

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Shopify pricing plans comparison

Features BasicShopifyAdvanced
Pricing – pay monthly$23.92/ mo$89.35/mo$361.91/mo
Pricing – pay yearly$17.99/mo$67.18/mo$272.11/mo
Free trial
Online store
Unlimited products
Staff accounts2515
24/7 support
Sales channels
Free SSL certificate
Abandoned cart recovery
ReportsBasicStandardAdvanced
Ecommerce automations
Transaction fees2.0%1.0%0.5%
First, 50 Shopify synced orders
More than 50 Shopify synced orders1% upto $99/mo1% upto $99/mo1% upto $99/mo
Fraud analysis
Duties and import taxesXX
International market management
Language Translation
Market domains and subfolders 
Import marketplace orders
Product pricing by market 

Explore the FAQ section for comprehensive information on Shopify.

Also, read How to Organize Products on Shopify: Complete Guide

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FAQs about Shopify Monthly Costs

1. Is there a fee associated with refunds on Shopify?

With Shopify, clarity is key — there are no undisclosed fees. You’re billed for your chosen plan and a transaction fee for each sale. 

Any extra costs for apps or domain purchases are transparent, ensuring your invoices are straightforward.

2. Does Shopify offer any discounted rates for their pricing plans?

Shopify is offering a 25% discount for users who opt for the annual subscription plan, with the condition of making the payment in advance. 

There’s also a promotion on Shopify, and for the first 3 months, you can get started with just $20.

3. Provide an overview of how transaction fees function.

For every transaction made by a customer, a corresponding transaction fee is charged based on your Shopify plan: 2% for Basic, 1% for Shopify, and 0.5% for Advanced.

4. Why are transaction fees charged?

The purpose of transaction fees is to contribute to Shopify’s efforts in maintaining the optimal performance of your online store. This strategy ensures that your website remains functional and responsive, accommodating any number of visitors, whether few or in the millions.

5. Doesn’t the monthly subscription fee already include this?

Absolutely and conversely. The monthly fee primarily offers access to the Shopify platform and crucial selling tools for initiating and maintaining your online store. 

Transaction fees, however, serve to continually power your store and are exclusively incurred when a customer makes a purchase.

6. Can Shopify’s transaction fees be avoided?

Yes, opting for Shopify Payments means you won’t incur any transaction fees.

7. How does choosing Shopify Payments contribute to the absence of transaction fees?

Shopify Payments facilitates the collection of payments from your customers, handling the transfer of funds into your bank account. These credit card fees, as previously explained, are earned by Shopify. 

By opting for Shopify Payments, you eliminate transaction fees, and instead, only credit card fees need to be paid.

8. Will there be any supplementary costs when using Shopify Payments?

No, Shopify eliminates transaction fees, resulting in cost savings, and the credit card rates are lower than payment processors like PayPal, providing additional financial benefits. 

The fixed fee per transaction remains the same, with no international fees for sales to customers outside your country, and there are no monthly fees.

Also, read How to Create Shopify Sitemap: Complete Guide

Conclusion

Shopify monthly costs vary based on the plan you choose, with additional fees for transactions. Carefully assess your business needs to select the most suitable plan, balancing features and budget for optimal value in your e-commerce journey.

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