How Much Does It Cost To Start A Shopify Store?
If you are wondering how to open a shopping store and not sure how much Shopify setup costs or the cost of starting a store on Shopify, you have come to the right place.
Before diving into the Shopify fee and Shopify pricing for opening a store, we must state some most frequently asked questions and answers. Read below to find out the solutions related to your queries or see the Shopify rates.
What is the Cost to Set Up a Shopify Store?
Shopify has no setup fees to start an online store. You can sign up for a 14-day free trial without entering payment information. At the end of the trial, you'll select a monthly plan and enter billing details before launching your store.
Can I Change My Shopify Plan Later On?
Yes, merchants can upgrade or downgrade their Shopify plan at any time if business needs change.
Do I Need to Sell the Same Products In-Store and Online?
No, merchants can choose to sell different products online versus in physical retail stores. Shopify gives you flexibility to manage inventory and sales channels.
What are Shopify's Transaction Fees?
Using Shopify Payments has no transaction fees. If you opt for an external payment gateway, the Basic, Shopify, and Advanced plans charge additional fees of 2%, 1%, and 0.5% per transaction, respectively.
Can I Cancel My Shopify Account?
Yes, you can cancel your Shopify account at any time if you decide the platform doesn't suit your ecommerce business needs.
What is the Contract Length?
All Shopify plans are monthly contracts unless you opt for an annual or biennial prepay discount. Prepaying annually gets a 10% discount, while a biennial contract gets a 20% discount.
Do You Offer Discounts?
Yes, paying annually gets a 10% discount off monthly pricing, while a 2-year contract gets a 20% discount. This can save money for established stores.
What are the Payment Card Fees?
If you enter credit card details manually instead of using the Shopify card reader, you will be charged the same rates as your online charges.
Can I Use Other Payment Gateways?
Yes, Shopify integrates with many third-party payment gateways beyond Shopify Payments.
Can I Sync Online and Retail Stores?
Yes. Your Shopify online store automatically synchronizes with Shopify POS retail locations. Inventory and product updates made in your Shopify admin impact retail stores in real-time.
Shopify Pricing Plans
Shopify offers three standard monthly pricing plans:
- Basic Shopify: $29/month - Best for new ecommerce businesses selling small volumes
- Standard Shopify: $79/month - Great for growing businesses selling online and in-store
- Advanced Shopify: $299/month - Best for large, high-volume merchants needing advanced reporting
Conclusion
You can start a Shopify online store for as little as $29 per month. Actual costs vary based on products, sales volumes, and customizations needed. Our fulfillment services at Simpl can cost-effectively scale as your business grows. Contact us to learn more about getting started with Shopify and Simpl!
Recommended: How Do You Make Your Shopify Store Look Professional?
FAQs
How much does it cost to start a Shopify store?
Shopify has no setup fees. You can start a 14-day free trial without entering payment details. At the end of the trial, select a $29+ monthly plan before launching your online store.
What Shopify pricing plans are available?
Plans include Basic Shopify starting at $29/month, Standard Shopify at $79/month, and Advanced Shopify at $299/month. The higher plans add more features and lower transaction fees.
Is there a discount for annual contracts?
Yes, paying annually gets a 10% discount versus paying month-to-month. Biennial contracts get a 20% discount for the largest savings on established stores.
What are Shopify’s transaction fees?
Shopify Payments has no fees. Outside payment gateways incur fees of 0.5-2% per transaction depending on selected pricing plan. Higher plans have lower transaction fees.
Can I use other payment gateways beyond Shopify Payments?
Yes, Shopify integrates with many popular third-party payment gateways. You can choose the one that best fits your business needs.
Is there a contract or commitment?
Plans are monthly subscriptions that can be cancelled anytime. Annual/biennial prepay discounts have minimum commitments to get the discounted pricing.
Can I sync online and retail store inventory?
Yes. Shopify POS for retail locations connects with your online store automatically. Inventory levels and product data sync in real-time.