Shopify plus pricing
When it comes to monthly costs, merchants do want to get along with all regulations and make a list of benefits why upgrading to a paid Shopify plan is necessary. Yes, we are talking about Shopify Plus pricing and the benefits of using it. Numerous merchants are posting on Reddit and want to find answers about “upgrading” to Shopify Plus In the current article, we are going to explain how Shopify Plus pricing works.
We will explore the valuable points of subscribing, Shopify payment processing, upgrading your Shopify merchant account, Stripe vs Shopify Payments, Shopify credit card processing, and other Shopify Payments Stripe details that are crucial. Of course, we are going to stick down to the basics as a start and present all you need to know about the Shopify Plus platform fee, cost Plus credit card fees, maintenance, and app fees.
Shopify Plus Pricing (Platform Fee)
As you can see on Shopify Plus pricing the entry point of using the platform is $2000 per month. As some of you might guess, the Shopify Plus pricing model is built on the simple principle that when you make more sales, you are going to need more support and server resources, respectively. Yes, the minimum fee is $2000 but you can expect more from the platform. As the majority of Shopify merchants fall in the category, that price is constant until you make $800,000 per month.
After that and making higher revenue you are going to pay 0.25% of your monthly revenue. These are the terms of Shopify, and if you want to get a clear vision of how much you will pay monthly if you make $1 million in sales, then the equation will be this:
$1 million in sales = $2500 Shopify Plus platform fee
More information about Shopify Plus Pricing and Shopify payment processing you can find here.
Cost Plus Credit Card Fees
We have to mention that the cost can vary by the country you are in and there is a 0.15% cost extra for the ones who are not using Shopify_Payments.
In this case, the whole Stripe vs Shopify is not necessary when it comes to preference because Shopify Payments is backed by Stripe.
If you are a Shopify Payments user then you do not need to have a merchant account or payment gateway, Shopify will take care of it for you in this situation. When it comes to your Shopify Plus Pricing plan, here is what you need to pay with every next Shopify credit card processing.
With Shopify Payments, when used in the USA, what you will pay is 2.15%+$0.30 for every transaction on Visa or Mastercard. The AMEX plan it fee is 1% for international cards.
If you have a good merchant history on Shopify you might be able to negotiate these fees to go down but that depends. Factors like your history and sales volume are pivotal in the situation.
If you do not use Shopify_Payments, then you have to pay an additional 0.15% more on whatever Shopify credit card processing fees are.
Many Shopify merchants are using a third-party payment gateway. Make sure you learn more about Stripe Enterprise pricing, as it may offer some top-notch deals for you.
Shopify is integrated with more than seventy gateways and counting so you may see the different credit card rates on the following page.
Let’s not forget that Shopify Payments is still unavailable in some countries around the world.
Last but not least, of course, we should mention that there are niches that merchants are trying to exceed in Shopify such as selling products that include marijuana chemicals, CBD oils, and more.
For these types of products, there are additional regulations and merchants should see how they can use external payment providers.
It might be easier to receive accurate tracking info than being able to get cut costs and use Shopify Payments straight out the gate for some products that you offer in Shopify.
The prices may vary when it comes to getting everything in control with using Shopify Payments and arranging your Shopify merchant account.
This may include adding subscriptions, and many third-party apps including branded tracking software, promotional codes, etc.
We can’t say the exact prices for apps because it varies to your needs every month and how well you combine multiple apps in your shop.
Some merchants pay less than a hundred bucks a month and others are spending even more. This is simply affected by their usage of various tools and apps.
For those who are using Shopify Plus, there might be fewer fees on installing additional apps because they simply get some more by subscribing to the Plus plan.
Fees For Maintenance
Fees may vary when it comes to maintenance, too.
Of course, merchants should not be worried about server maintenance, and upgrades, and get the latest updates on the shop.
There might be store credit Shopify fees that are necessary for some occasions but you can be sure that all of your information is in good hands.
Questions like “How does Shopify pay you?” picking up between Shopify Payments vs Stripe are unnecessary because as we mentioned earlier, Shopify Payments is well-optimized and works with Stripe.
Until 2017 it was possible to negotiate a bit on the prices of some fees but since then all merchants do start at the same prices.
If you are already working with Shopify Payments and have full control over your business, fees, and Shopify payment processing, you can think of adding more features that are going to be helpful not only to you but to your clients.
For example, adding delivery notifications to your shop exceeds the authority and usability of your shop, and customers will be able to spend more.
As they notice how well the online shop is optimized and you care about the “whole shopping experience” they can be easily converted into loyal customers.
How Much Does Shopify Plus Cost?
If you are a merchant considering Shopify Plus for your store, congratulations! Shopify Plus is a powerful, eCommerce enterprise solution that is ideal for high-growth online stores. When it comes to the cost of Shopify Plus, there are many categories to consider, here are the most common pricing questions we get:
- How Much is the Shopify Plus Monthly Cost?
- Is There a Variable Shopify Plus Price?
- How Much are Shopify Plus Credit Card Transaction Fees?
- How Much do Shopify Plus apps cost?
- What does it Cost to Migrate Data to Shopify Plus?
- How much does Shopify Plus Design Cost?
- What do you Charge for Shopify Plus Development?
See below for all the details of what it cost to make the move to Shopify Plus!
How Much is the Shopify Plus Monthly Cost?
Shopify Plus pricing has a floor of $2,000/month for a Shopify Plus license. This license allows you to create up to 9 expansion stores, many merchants use these expansion stores to create stores in different countries (and languages). When you are considering your monthly cost, keep in mind you get these additional expansion stores for free! Those expansion stores serve to lower your effective monthly charge if you spread the $2,000 across these different sites.
Is there a Variable Shopify Plus Price?
Yes! Let me explain by walking you through an example:
If your store (or multiple stores) transact between $0 and $800,000 USD per month. Shopify Plus pricing will be a flat $2,000 USD per month. On an annual basis, this means that if your store(s) under your Plus license do less than $9.6 million/year your annual Shopify Plus fees will be $24,000/year.
If your store transacts more than $800,000 per month (capped at $16,000,000 in sales) Shopify Plus will charge an additional 0.25% of store sales per month (aggregated across all stores under the same Plus contract). In summary, there is a pricing floor for Plus of $2,000 USD/month with a capped ceiling of $40,000 USD/month.
How much are Shopify Plus Credit Card Transaction Fees?
There are many things to consider when you evaluate Shopify Plus credit card transaction fees, here is a quick rundown of how the fees work assuming you use Shopify Payments:
- US customers credit card fees Visa and Mastercard 2.15% + $.30/transaction
- US customers credit card fees Amex 3.15% + $.30/transaction
- International customers credit card fees 3.15% + $.30/transaction
Are you considering using a 3rd party payment gateway instead of Shopify Payments? If you are in the US check out this list of 3rd party payment gateways to see if your gateway is included in the list. You will find many of the large 3rd party payment providers available to use. Like, as Paypal, Affirm, Authorize.net, Quickbooks, and over 50 just in the US. It’s important to note that if you do choose a 3rd payment provider you will pay an additional .15% transaction on top of the rate your 3rd party processor charges you. For example, let’s say you had a rate from Authorize.net of 1.8%, you would pay a total of 1.8% + .15% = 1.95% to process payments via Authorize.net on Shopify Plus.
It’s also important to note that the rates above can be negotiated with Shopify. Shopify Pay is such a great feature for reducing checkout friction we encourage most merchants to go with Shopify Payments whenever possible.
How Much do Shopify Plus Apps Cost?
Prices on the Shopify app store run from FREE (who doesn’t love that) to $500 and up a month. There are many categories of apps in the store, here are some of the most popular:
- Store Design
- Sales and Conversion
- Inventory Management
In each of the categories, ½ of the apps are free and ½ are paid. Even many of the paid apps come with a free trial. It doesn’t hurt to try out different apps in your store. But be careful when you install an app and remove it. Many apps can leave behind excess code that can slow down your store.
We hope the information we gave you about Shopify Plus pricing. And why it is an incredible opportunity for online merchants will answer a lot of questions you have about it. If you think that paying $2000 per month is a lot, then you are not seeing the bigger picture. Let’s say you scale up your business so high that the price is no problem for your budget at all.
Then, why not try the full potential of Shopify?
That’s what we are thinking. Every opportunity should be grasped when it is the proper time for that. You might miss something along the road. Shopify Plus is a great opportunity for those who want to go further. And take their business to a whole new level. Questions like: “How much can you make on Shopify?” has been answered a long time ago. The answer is: “You can reach millions in sales, that’s why you will need the help of Shopify Plus when you do so.”
Adding up some additional apps and delivery tracking solutions will skyrocket your business and multiply your revenue by a lot. It’s up to you to develop your potential and show what skills you have in the Shopify business race.
Shopify Plus Maintenance Fees
Expected cost:- ad hoc and minimal
Shopify Plus is a fully hosted platform. Meaning maintenance costs you’d normally associate with other alternatives (server fees, security patches, etc.) are all built-in to the license.
It’s worth staying aware that there will always be maintenance fees associated with making updates to bespoke areas of your site. But these should be relatively low and can be done on an ad hoc, as-needed basis.
Total Shopify Plus Pricing
Overall, there are a lot of components that go into Shopify Plus pricing and how much it costs. And this is likely a large part of the reason simple pricing details aren’t listed on their website.
But using the estimates in this article should help to give a good idea of a roundabout figure.
For example, a business doing 5,000 monthly orders and an average order value of $50 might expect the following:
- Build cost: $40,000
- License fee: $2,000 per month (as sales are under $800k per month)
- Transaction fees: $1,750.80 per month (with Shopify Payments)
- Additional app fees: $500 per month
- Maintenance fees: $100 per month (on average)
- Total Shopify Plus pricing: $44,350.80 a first month, then $4,350.80 a month
Still, have questions About Shopify Plus Prices? Find your answers here.
What you need to know
What’s included in the $2,000/month Shopify Plus plan?
All the enterprise power you need to manage your business, without the weight and cost of legacy enterprise software.
Sell more now.
- Get up to 18% higher conversion with Shop Pay and a 60% faster checkout
- Future-proof with built-in AR, video, and 3D media on product pages
- Deliver localized shopping experiences with multiple stores, currencies, and languages, for B2B and DTC
- Customize your checkout and offer advanced discounts and shipping rates
- Never lose a sale with unlimited transactions, products, and 99.99% uptime. See how we calculate uptime
Manage the business, not just the store.
- Manage all your stores, staff accounts, and automated workflows from one location in your Shopify admin
- Save time and money by automating complex processes, campaigns, and discounts
- Reduce the cost of doing your taxes, and charge up-to-date rates with Avalara tax automation
Integrate in minutes. Launch in weeks.
- Get up and selling fast with rapid integration across your tech stack and tools
- Migrate your customer, product, and order data into your Shopify store
- Work with certified apps and partners to extend the platform the way you want
Read More: Shopify stores for sale
Sample site: couples promise rings