How much is a Shopify store?

Shopify can be a quick and simple way to connect internet users to your products. With website builder templates, diverse Shopify themes, user-friendly features, and plenty of plug-ins, it’s no wonder it’s grown popular with e-commerce retailers in all verticals. More and more businesses are considering using this platform as a way to easily handle the logistics of online sales—however, it’s important to know that this service does come with costs.

In this post, we’ll answer “how much is a Shopify store?” and describe the different Shopify plans that are available to small business owners.

If you’ve been wanting to try Shopify for your e-commerce business, keep reading. Here’s what we’ll cover:

• Shopify Lite
• Basic Shopify
• Shopify
• Advanced Shopify
• Shopify Plus
• Easily manage Shopify and other sales channels with QuickBooks

Shopify Lite

The Shopify Lite plan has the lowest monthly cost of the various Shopify pricing plans available. It costs just $9 a month and allows you to implement add-ons like buy buttons to your existing websites, whether that’s WordPress, Squarespace, or even social media like Tumblr. This is a highly desirable feature because it makes payment processing so much easier.

This option simply integrates credit cards, desired payment providers, or the PayPal payment gateway right into your existing website, allowing you to quickly monetize your online presence. Those looking for a Shopify cost with a low monthly fee will find Shopify Lite to be a quick and simple solution, competitive with Amazon and other sales channels.

If you need a simple e-commerce website with a clear point of sale, Shopify Lite can be an enticing option.

Basic Shopify

The Basic Shopify plan is a good fit for smaller online businesses that are just starting out, as it’s one of the cheapest Shopify options. Shopify charges a monthly subscription fee of $29 for the Basic Shopify plan. The Shopify website claims that this plan is best for businesses that do all their sales online, or those that only do a small amount of in-person selling.

• New to selling your products online? Read our one-stop guide to setting up an online store to learn everything a beginner should know before getting started.

However, it comes with the highest credit card payments rate processing fee of 2.9% + 30¢ per transaction. Keep in mind that these additional fees can add up. As the name suggests, the Basic Shopify plan doesn’t include some of the more sophisticated additional features like gift cards, reports, and abandoned cart recovery. Even then, the Basic Shopify plan is still a great place to start, because as your business grows, you can always move on to higher plans. This plan also offers customer support via live chat or email.

Shopify

The Shopify plan works well for growing e-commerce businesses that are looking to scale up their operations, as it includes gift cards, professional reports, and abandoned cart recovery. These features enable business owners to sell more through gift cards, while also offering them the opportunity to recover lost revenue through abandoned cart recovery. In addition, having access to reports provides you with valuable insights into the purchasing habits of your customers to help you make better business decisions.

The monthly subscription fee is $79. You’ll also enjoy savings on credit card rates with a lower processing fee of 2.6% + 30¢ per transaction.

Advanced Shopify

If you’re considering the Advanced Shopify plan, there’s a high chance you have a large, established company and you’re looking to grow your business even further. With the advanced report builder, you’ll be able to customize reports that you can filter by dimensions to show you the biggest opportunities for your business when you’re looking for new openings to scale up your business.

A bigger advantage is the real-time carrier shipping information that ensures you offer customers carrier-based—USPS, UPS, etc.—shipping rates at checkout. Having this information can help prevent cart abandonment, since one of the most common reasons for cart abandonment comes from the customer encountering unexpected costs.

How much is a Shopify store with Advanced Shopify? Pricing is $299 monthly and 2.4% + 30¢ per transaction.

Shopify Plus

Shopify Plus is the equivalent of a bespoke enterprise level eCommerce platform. It also takes the strain of order management off your shoulders as you won’t have to worry about incurring any transaction fees.

In addition, you’ll also have a dedicated project manager, an account manager, personalized support contacts, competitive credit card processing, negotiated Shopify Payments rates, and early access to beta features.

Shopify Plus pricing starts at $2,000 monthly, and you can use Shopify Payments to avoid extra fees.

• The business landscape is always changing. QuickBooks is here to help: read our guide to starting an ecommerce business in 2021.

Easily manage Shopify and other sales channels with QuickBooks

As seen from the variety of advanced features available, there’s more to choosing a business plan than just looking at the monthly subscription costs. You’ll need to choose a plan that best suits your business, but at the same time, you still need to consider the details of the Shopify plans and the processing percentage and fees.

After all, you don’t want to choose a plan with a cheaper monthly subscription and lesser features, that also happens to actually cost you more than the next tier of Shopify because of higher processing fees. Keep in mind that you can try Shopify free for two weeks.

QuickBooks Commerce is designed for multi-channel eCommerce businesses and can seamlessly integrate with sites like Shopify, eBay, and WooCommerce. With QuickBooks Commerce , you can manage sales for all these platforms in one dashboard. You can update product details across all your listings, and the software automatically updates inventory levels across sites, so everything is accurate. With reports and insights, QuickBooks Commerce can help you better understand which sales and logistics solutions are right for your company.

QuickBooks Commerce also integrates with QuickBooks Online for easy accounting and bookkeeping functionality. With integration directly into your eCommerce store, you get a bird’s-eye view of your business finance and superior business intelligence. Gain crucial information on costs from payroll and staff accounts to shipping labels and domain names.

Expand to Shopify and watch your business grow

While considering “how much is Shopify?” is an important part of the decision process, focus on the features and customization when comparing Shopify plans and pricing. A Shopify subscription can be a great way for new businesses to get their start in the online marketplace and build up a high volume of sales. It can also be a great way for business owners to manage their sales logistics. If you’re considering whether a Shopify subscription is best suited for your business, QuickBooks Commerce can give you on-demand insights into whether that suits your business budget. Take the time, do your research, and you’ll find the plan that’s right for you.