Picking up a platform for your future e-commerce online business becomes really crucial and overwhelming decision. There are so many resources to go through and so many platforms looking nice to trust. Shopify is a choice of entrepreneurs and businessmen who want their stores to enter the market successfully and grow the customers’ number really fast. Before starting the Shopify store building, everybody faces the same question: what Shopify plan to choose for the store? In this article, we are going to give you the answer.
Shopify Basic Plan: for those who just started
This Shopify Pricing Plan is perfect for those e-commerce business owners who just started going deep into this industry and want to test the waters. “Basic” title is considered to have basic features but not in Shopify: it is full of options pleasant both for entrepreneurs and consumers. Fast logging in and out, gift cards, carrier shipping and tracking are the things which make this plan really worth trying. Also, the owner has an opportunity to save the money on committing annual(10% saving) or 2-years plan(20% saving).
This plan is as highly secure as any Shopify pricing plan: SSL certificate, fraud analysis tools are included.
Shopify Plan: сommon to use
Shopify pricing plan is appropriate for businesses that aim to grow quickly. If your Shopify store has more than 4000$ income monthly, you can take such plan for sure. Besides, it will help you to save money on transaction fees and work on customer retention with abandoned cart emailing and revival. In addition to 24/7 support, you will get support for professional reports and present cards.
This pricing plan also allows you to save money if you take an annual plan(10%) and two-year (20%) one.
Shopify Advanced Plan: play in the big leagues
This pricing plan is suitable for businesses that are really big and need to get advanced options of the features to increase the income. You receive an advanced version of Shopify plan and also some new features, e.g.: a third-party automatically calculated shipping cost, advanced report building and real-time carrier shipping.
10 and 20% savings are still here with annual and two-year pricing.
Shopify Plus: the sky is the limit
This Shopify pricing plan is fittable for big enterprises that need an easily scalable platform. It includes customizations due to your needs, 24/7 prioritized support. Many factors as staff accounts have no limits so the plan is almost boundless and opens great opportunities.
Below you can see a detailed comparison table with all the plans included to easily choose the most appropriate for your business and financial plan.
What are Shopify transaction fees?
It depends on the type of operation you are performing. In Shopify own payment gateways you won’t see any fees but in external ones you will have to pay it per every transaction according to your pricing plan:
• Basic Shopify – 2%
• Shopify – 1%
• Advanced Shopify 0.5%
Also, if a customer decides to use credit card for purchasing, you will also have to pay credit card payment processing fees which you can check in the table above.
Additional Shopify Costs
Unfortunately, Shopify plan and fees are not the only costs you are obliged to pay. There is a number of essential points which are worth taking into consideration.
Domain and Hosting
You won’t have a domain included in Shopify plan but you can buy it ( Shopify domain price is 13,99 dollars per year) or use your domain which already exists. Also, you can get free templates for your Shopify store if you need them having basic features but for additional features you should buy paid ones.
Email hosting isn’t offered in Shopify but if you buy or own a domain, a third-party hosting services could provide email forwarding which is cheap(from $1 till $5 monthly) and unlimited. Of course, you are to manage them yourself with email hosting provider. On the premium plans you are thrown on Shopify hosting for free without any hosting fees included.
You can give up any plan at any time without additional fees but if you are sticked to the yearly one, you won’t get the money back. That’s why many Shopify store owners prefer taking monthly plans neglecting the chance of saving money.
Which Shopify plan to choose?
If you’ve already stopped the search of an e-commerce platform on Shopify, you won a lot because it’s one of the most reliable and multi-functional stages for building an online store. The next step is to choose a Shopify plan suitable for your business. Here you should take into account such factors:
• your financial budget – as you already saw in the comparison table, Shopify plans have a lot of additional costs which you will have to pay if you don’t want your store to disappear from the top list so plan your spendings including possible risks;
• your current annual income – some Shopify plan costs differ depending on the amount of your annual revenue of the business, e.g. a Shopify store with income of $10k can take Shopify Plus plan for $2000 + additional costs but won’t live too long;
• the scalability of your store – you should consider the size of your business and the set of functions it needs to keep its scalability and profitability;
• store prospectiveness and future growth – switch to the business analysts to understand if your store is going to grow and how fast it will happen. Choose Shopify plan referring to this information.
The cost of developing additional features for Shopify store
Shopify is an easy-to-use platform for building an e-commerce store if you know something in store setting-up and customizing. But, frankly speaking, trusted and stable e-commerce business needs professional help to use the Shopify platform functionality widely and smoothly. Updates and additional features development is an inherent part of an e-commerce store lifecycle to improve the store and keep it engaging. Multi-Programming Solutions has outstanding accomplishment in Shopify store set up, customization and maintenance and can analyze your store and recommend what changes you can implement. Also, we estimate additional features cost and offer an affordable and fittable solution for the business to make it lucrative and competitive.

Author's Bio: 

Software Development for Your Company's Growth