How Much Does It Cost to Start a Shopify Store? [Guide]

When you decide to open a Shopify store, there are many factors that go into the When you decide to open a Shopify store, there are many factors that go into the decision. How to start a shopify store? How much will it cost to start a shopify store? What does your budget look like for this year? Will you be able to make enough money with an eCommerce website? These are all questions that need to be answered before opening a shop. In this article, we’ll talk about how much it costs to start a Shopify store and what your future could entail if you do so!

Opening a Shopify store is an exciting endeavour, but it can be overwhelming when you don’t know what to expect. Moreover, it can be quite expensive. And, for many people, it is not worth the cost to open one unless they are planning on growing their business into an empire that will need inventory and eCommerce capabilities. However, if you want to start small or don’t have any other investment capital then Shopify may not be right for you. In this blog post, we will aim to help you decide whether opening a Shopify store is worth your time and money. 

When you Shopify a store, it is important to understand that inventory comes at a cost! Inventory costs vary depending on the product and where the products are located. The good news about Shopify is its low-cost eCommerce solution – which means lower fees for processing orders and accepting credit cards. For example, Shopify charges only two per cent for transactions when they’re completed by credit card, and the company waives transaction fees on debit cards.  It’s also important to note Shopify store that Shopify offers competitive rates on merchant accounts, which are payment processing services for accepting credit cards.

How much does shopify cost? How much will starting an eCommerce shop impact your budget? What are some tips for staying within the confines of your Shopify subscription plan without breaking the bank on transaction fees or inventory costs?

Those questions and more are answered in this article!

Also Read: 5 Top Ways to Boost your Shopify Conversions

How much does it cost to open a Shopify store?

Shopify offers a range of plans to fit every type of business. For those who sell more, there’s the $2K plan with extra features for processing fees and an even higher one at 10k+ monthly sales where you can get away without paying any additional charge on top of what your subscription already covers! You won’t be disappointed in their variety no matter which option you go for – from gift cards all the way up to personalized support contacts; they’ve got it covered. Shopify has three different plans to choose from, and depending on your needs you may find the perfect fit. For example, if all that matters is processing fees without any other considerations – then go for their cheapest plan which costs only $29 per month! But if customization features like gift cards or personalized support contacts are important too as well? Then consider one of the higher-priced options (starting at around $150).

Plans: 

The three plans on Shopify are ‘Basic Shopify’, ‘Shopify’, and ‘Advanced Shopify’ to fit the needs of businesses of different sizes.

Let’s look at some details of each plan:

Here’s a table to highlight the features offered by each plan:

There are a few different plans to choose from, but if you’re just getting started it might be a good option to try in your first month. The free trial lasts 14 days so there’s no need to rush into anything!

Which Shopify plan is best for my business?

Now that we know the cost of each Shopify plan and the features & benefits that come along with it, let’s try and identify the plan that is the best suited for your business. To find out which plan is best for you, it all comes down to your needs and what kind of store you want. The more you want to do with your store, the higher plan will be. Identify what kind of features are most important to you. 

If you’re starting out with a new eCommerce site, we recommend Shopify Basic. This package offers enough features that will allow your site and products an overall polished look. If this sounds like something up your alley then give it a whirl today, you can always change things around later on if needed or wanted by all means necessary after learning more about eCommerce from start-to-finish with these great tools available here at rock bottom pricing point. This package will get your store up and running so it’s ready for customers as soon as possible!

The Shopify plan is a great option for entrepreneurs who want to track their sales and marketing strategies. The mid-tier plan enables you to get access to customer actions and behaviour, which can help with targeting customers based on what they buy most so you can market them better!  

Shopify Advanced is the best plan for those who need more custom reporting and calculated shipping rates. It has some really cool features that will help you take your business to new heights! However, make sure to consider all pros and cons before choosing a plan for you.

Conclusion

With a Shopify store, you can start your own eCommerce business without the need to pay for expensive software or hire someone who knows how to code.  A basic plan with Shopify starts at $29/month and includes everything you need to get started such as unlimited bandwidth, hosting up to 10 different web pages on one account (including blogs), email support, and more. You also have access to tons of free apps that help you sell anything from crafts, clothing, accessories – anything! There’s no credit card required either. 

Budget: Your budget is going to depend on many factors. Will you be using Shopify as your primary platform? If not, do you need a new computer and other equipment such as marketing materials like business cards or brochures? One of the biggest expenses will also come from inventory that needs to go into the shop for users to purchase!

Future: The future of Shopify stores is bright! There are currently over 600,000 Shopify stores that have been set up and the number continues to rise. If you do end up opening your store, there are many options for growth as well. You can add new products easily, try out different marketing campaigns with social media or other venues, and you can also branch out into new Shopify stores with different products. This is a great way to grow your business!

If you’re looking to automate processes at your company, check out ZapInventory – it is a multichannel inventory management software used by companies all over the world to automate stock management. They offer a FREE trial and do not even need a credit card to get started. Schedule a call now!