Shopify Pricing 2024: Plans, Fees, Value, and Hidden Costs (2024)

Shopify lets you track your business’s performance in a variety of ways, including by measuring your tracked sales and achieved goals. Source: shopify.com

Shopify Hidden Costs

Shopify’s pricing is pretty transparent but, as ever, there are some extra costs and little technicalities that are worth being aware of.

Shopify Payments rates

The most important thing to be aware of with Shopify is its in-house payment processing — Shopify Payments.

If you choose to use Shopify Payments as your chosen payments processor, you’ll pay 2.9% + 30¢ for online credit card transactions and 2.7% for in-person transactions on the Basic Shopify plan — these fees drop slightly as you start using more expensive plans.

However, if you choose to use a different payment processor — Square or Stripe, for example — you will have to pay 2% of the cost of every transaction to Shopifyplusthe credit card and in-person processing rates of your chosen provider. This drops to 1% with the Shopify plan and 0.5% with the Advanced plan.

If you’re not careful, these costs could start mounting up and eating into your profit margins. If you’re committed to Shopify, it’s worth choosing Shopify Payments but, if you’re not sure, we’d recommend looking into some other ecommerce platforms.

Premium themes cost extra

Shopify isn’t known for creating beautiful websites — check out Squarespace for those — but it does let you build clean, easily navigable ecommerce-specific websites.

However, it only offers ten free website themes. This means that, while you’ll be able to create a decent online store, there’s a chance it will end up looking like thousands of other Shopify-based stores.

But Shopify does offer more than 60 premium themes for your delectation. These paid themes cost between $140 and $180 — no small investment.

Paid Shopify apps

Shopify runs an app store that will let you add integrations and features to your site that might not be offered in the base Shopify platform.

Email marketing integrations, dropshipping apps, and landing page builders are all available to be added to your site but you might also have to pay extra. For example, the PageFly Landing Page Builder app lets you build responsive, SEO-friendly landing pages for your site.

However, while it offers a free plan, PageFly also has three pricing plans that start from $19 per month. You’ll be able to build a single page with the free version but extra pages will cost more.

Custom domain names

By default, all Shopify stores come with .myshopify.com at the end of their URL. This, obviously, doesn’t look very professional.

If you want, Shopify will let you buy a custom domain from $11. It will last you for one year and that domain name is yours to keep forever, even if you leave Shopify. If you already have a domain name purchased from another company, you can import it into a Shopify store easily.

Learn what else you get in the provider’s web building packages in our Shopify review.

Shopify Pricing 2024: Plans, Fees, Value, and Hidden Costs (2024)

FAQs

How much does Shopify charge for fees? ›

Shopify charges 2.9% + 30¢ per transaction. However, the Shopify transaction fees depend on the plan you're using. For example, when you are on the Shopify pricing plan subscription, you will be charged 2.5% + 30¢ per transaction. It will be 2.4% + 30¢ per transaction for the Advanced Shopify plan.

What percentage does the Shopify plan take? ›

Shopify pricing
PlanSupported sales channelsOnline transaction fee
RetailMostly in-store.2.9% plus 30 cents.
BasicOnline and in-store.2.9% plus 30 cents.
ShopifyOnline and in-store.2.7% plus 30 cents.
AdvancedOnline and in-store.2.5% plus 30 cents.
1 more row
Jul 23, 2024

How much is Shopify plan for a year? ›

How Much Does Shopify Cost?
BasicAdvanced
Annual pricing$29$299
Monthly pricing$39$399
Unlimited products
Staff accounts015
1 more row
Aug 8, 2024

What extra costs does Shopify have? ›

Shopify credit card rates and transaction fees
Basic ShopifyAdvanced Shopify
Online credit card rates2% + 25p1.5% + 25p
In-person credit card rates1.7% + 0p1.5% + 0p
Additional fees using all payment providers other than Shopify Payments2%0.5%
Jan 19, 2024

What fee does Shopify take per sale? ›

Shopify Payments has a per-transaction fee of 2.4% to 2.9%. Shopify Shipping: This lets sellers ship their products through Shopify's shipping partners, getting Shopify a commission fee from these partners. Shopify POS: Shopify lets merchants use the Shopify POS system to sell their products in physical stores.

How to avoid Shopify fees? ›

Shopify Plus merchants who use Shopify Payments as their primary gateway will have their transaction fees waived for all other payment methods used.

What is the 80 20 rule on Shopify? ›

What is the 80/20 rule? The Pareto principle states that roughly 80% of results come from only 20% of causes. In a retail context, for example, a business owner might find 80% of their sales come from just 20% of their customers.

What is the most expensive Shopify plan? ›

Shopify Pricing Plans Overview
  • Basic – $29 per month (billed annually)
  • Shopify – $79 per month (billed annually)
  • Advanced – $299 per month (billed annually)
  • Starter – $5 per month.
  • Plus – Starts at $2,000 per month.
Mar 20, 2024

How much of a cut does Shopify take? ›

Shopify also takes 1.5% of each online sale, and 25p. Third party transaction fees if not using Shopify payments are 0.5%. You are getting a lot for your money. This is for established businesses that have achieved a certain amount of ecommerce success, and want to grow further.

Why is Shopify so expensive? ›

Ultimately, Shopify might seem expensive at face value, but the sophistication, comprehensive tools, security, and scalability it offers stand out in the e-commerce space. Shop around and compare, but don't overlook the value of a complete, integrated solution that could potentially save you much more in the long run.

How much is Shopify monthly maintenance fee? ›

Basic
Pricing
Pay monthly$51 CAD/mo
Pay yearly (Save up to 25%)*$38 CAD/mo*
Core features
Online store Easily build an online store. Full features include product collections, informational pages, and blogs.Full-featured
74 more rows

What are the differences between Shopify plans? ›

Comparing Shopify and Basic Shopify Cost and Packages
FeaturesShopify PlanBasic Shopify Plan
Monthly Cost$79$29
Transaction Fees2.6% + 30 cents per transaction2.9% + 30 cents per transaction
Additional FeaturesAbandoned cart recovery Lower transaction feesUnlimited product uploads Discount code engine 24/7 support
Sep 4, 2024

Which Shopify plan is best for beginners? ›

However, there's a transaction fee of 5% plus 30¢ per transaction to consider. What is Shopify's Cheapest Plan? The cheapest plan offered by Shopify is the Starter Plan, priced at just $5 per month. It's meant for beginners, offering essential features to start selling online without breaking the bank.

Is Shopify worth the fees? ›

Yes, Shopify is worth it for small businesses seeking an easy-to-use, scalable eccommerce platform. It offers modern, customizable themes, a wide range of essential sales tools, and integrations that simplify online sales and management.

How do I reduce costs on Shopify? ›

You're Paying Too Much for Shopify
  1. Shopify uses a flat-rate fee structure. ...
  2. You are not obliged to use Shopify Payments on Shopify. ...
  3. Use a 3rd-party gateway and processor. ...
  4. Use multiple gateways and processors. ...
  5. Use a Shopify plan that gives you a discount on payment processing.
Jan 20, 2023

Does Shopify take a cut of your profits? ›

Yes, Shopify takes a cut of your sales, but unlike a flat charge, it's a variable amount based on your chosen plan. Think of it like a tiered system. Each Shopify plan has its own transaction fee structure.

What percentage of profits does Shopify take? ›

Shopify Fees

Shopify charges 2.9% and $0.30 on online transactions for each sale in the Basic plan. However, for in-person sales, 2.7% is charged on each sale. Besides, if you have opted for the 'Shopify Plan,' you will be charged 2.6% and $0.30 per transaction on each sale made.

Which is cheaper, Shopify or Etsy? ›

Etsy is generally cheaper than Shopify since there are no monthly costs and most of the features for creating a store are free. But in the long term, when your business grows and you get more orders, managing an Etsy store might cost you the same amount of money that Shopify does monthly.

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