Ways You Are Overpaying For Shopify Without Realizing It

when it comes to starting your own online store. shopify is one of the best ecommerce platforms out there, but the main problem with shopify is that it can be hard to decide which shopify plan to go with, or how much it really costs when you factor in the cost of third-party apps. now, the right shopify plan for your online store depends on a variety of factors, which include your monthly revenue, your required feature set and your customization needs. now this video will enumerate all the costs and benefits for each shopify plan and prevent you from wasting money on unnecessary features, and my ultimate goal here is to help you understand how much shopify costs and choose the cheapest possible shopify pricing plan that meets your minimum requirements. now, the first question i always get asked is: is shopify free? shopify is not free, but they do offer a 14 day free trial, and during this free trial, you can build an online store and have access to all their tools. however, in order to take transactions online, you have to sign up for a paid plan, and right now, shopify offers five plans. there's shopify lite and nine bucks a month, shopify basic at 29 a month, shopify regular at 79 a month, shopify advanced at 2.99 a month. and shopify plus, which costs over 2 000 a month. now, which shopify plan should you choose now? the following table here is actually taken directly from shopify's website and enumerates all the features for each pricing plan. if you look at this table, you notike a couple things. first of all, the shopify lite plan and the shopify plus plan are missing, and the reason is because the shopify plus plan and the lite plan have very specific use cases which i'll discuss in depth later on this video. second of all, there's actually very little difference between the basic, regular and advanced plans outside of a couple of features and processing fees. so, as a result, your decision between shopify basic, regular and advanced primarily depends on your monthly sales volume and how much you value the extra features versus paying for third-party apps. alright, so here are the features available on all shopify pricing plans. now they all offer abandoned cart recovery, and abandoned cart recovery is a feature where your shopping cart automatikally reaches out to customers who abandon their cart and convince them to complete their purchase. now, shopify's built-in abandoned cart recovery feature is extremely limited because it only allows you to send a single email to customers and, realistikally, any serious ecommerce store owner will use a third-party abandoned cart recovery solution, like clayview. all shopify plans also offer a point of sale solution as well. shopify pos, or point of sale, is their point of sale solution that allows you to access in-person payments at pop-ups, markets, fairs and trade shows. and then, finally, all shopify plans offer a free ssl certificate, discount codes, real-time carrier shipping quotes and unlimited products. now let's tok about the plans. if you have a website and you want to sell just a couple of products, then shopify lite is for you, and it's nine bucks a month. so if you run a popular blog or an existing website and simply want to just add the ability to sell a couple products here and there, then the light plan is for you. the light plan costs nine bucks a month. it allows you to sell on facebook and on your own site through the use of custom buy buttons. now, the important thing to realize about shopify lite is that this plan does not provide you with an online store website. in fact, the lite plan is only for people who already have their own website and would like to accept transactions online. so, for example, if i want to sell widgets on mywifecritterjobcom, i might want to sign up for the shopify lite plan so i can include buy buttons on my blog to sell my products. now if i had a popular facebook page or group, i might want to sign up for shopify lite to sell directly on facebook. so bottom line: the shopify lite plan is only for people who already have a website and would like to accept transactions online, and in addition to the nine dollars a month fee, you'll also have to pay 2.9 percent plus 30 cents in credit card transaction fees if you use shopify payments. now, if your online store makes less than 16 333 dollars per month, go with shopify basic and for more stores out there, the basic plan makes the most economical sense until you start generating more than sixteen thousand three hundred and thirty three dollars in monthly revenue. now here's how to calculate the break-even point: the basic shopify plan charges 2.9 percent plus 30 cents in credit card transaction fees, whereas the main shopify plan charges 2.6 plus 30 cents in credit card transaction fees. that is a difference of 0.3 percent on fees. now the main shopify plan costs 79, whereas the basic shopify plan costs only 29, a difference of 50 bucks. now to make up for that fifty dollar difference in cost, you have to process fifty dollars divided by point three percent or sixteen thousand three hundred thirty three dollars to break even in terms of credit card fees. now feature wise. the one major difference between the main shopify plan and the basic plan is that the main plan offers gift cards and an advanced report builder. now, at first glance, the lack of gift card capability sounds like a deal breaker, but there's actually many shopify third-party apps that will implement this functionality for you. so, for example, the bold discount app offers a very powerful discount engine for only 15 a month. now, while the professional reports you get with the main plan are useful, they alone do not justify the added fifty dollar cost of the main plan. now, if your online store makes between sixteen thousand three hundred and thirty three dollars a month- and a hundred and ten thousand dollars a month go with the shopify main plan. in fact, feature wise- there's almost zero reason to sign up for the advanced shopify plan until you exceed 110 000 a month. now, if you look at the main shopify plan, you literally get 99 of the features of the advanced shopify plan for only 79 bucks, which makes this plan the sweet spot for most six and seven figure store owners. now the only reason it's time for the advanced shopify plan at this revenue tier is if you require more than 15 staff accounts, but realistikally a store at this level you're not going to have 15 employees. if you aren't using shopify payments, then shopify charges you a credit card transaction fee, which are drastikally reduced on the advanced shopify plan. so instead of paying one percent in extra fees on the basic plan you only get charge point five percent. if you want to show calculated shipping rates at checkout, then go with the advanced plan. but in my experience showing the exact shipping rate during checkout is overrated. but for some businesses it might be important. now. if your online store makes between 110k a month and 680k per month, go with the shopify advance plan. now. the advanced shopify plan offers the lowest credit card transaction fees of all the main plans, including a couple of extra nice to have features. so, for example, at this revenue level, you're probably already handling your shipping via a third-party vendor like ship station or shipping easy. as a result, it might be nice to show you calculated rates during checkout instead of using a table rate or a flat rate solution. now, if you don't have a bookkeeper or an analytiks member on your staff, shopify's advanced reports will come in handy for projecting your future revenue. but outside of that, you should just stik with the advanced shopify plan until you hit 680k a month in revenue or, if you require the advanced feature set of shopify plus, if your online store makes over 680k per month, go with shopify plus, just for the savings on credit card transaction fees alone. at this tier, your credit card processing fees plummet to only 2.15, which is on par with what you can get with a regular merchant account and gateway combo, but outside

Shopify Pricing Plans (2022) — Which One is Best for Your Business?

Hey there, it’s Matt from Style Factory, the go-to website for ecommerce reviews and advice. In today’s video, I’m going to discuss Shopify pricing plans. Stay tuned to the end to get our top tips on how to access the best Shopify free trial, pick the best value plan and get a good discount on your Shopify subscription. Before I dive in, though, it’d be great if you could take a moment to like this video, subscribe to our channel and hit the notifications bell. This helps us out and will give you easy access to all our other Shopify tips in future. Right, so let’s get started with a key question: can you actually use Shopify for free? Unlike some competing ecommerce platforms like Big Cartel or Ecwid, you can’t use Shopify entirely for free. However, there are free trials of Shopify available, and these are usually extendable by request. The key thing to note before starting a free Shopify trial is that there are actually two types of trial available. The regular free trial, which you’ll find a link to in the video description, can be accessed easily from the Shopify website. This trial lasts 14 days and is best suited to merchants who want to stok and sell their own products. However, if you’re interested in using Shopify to dropship products, there’s a better trial available — one that guides you through the process of setting up a dropshipping business and gives you a lot of really useful resources to help you do it successfully. This special dropshipping trial is actually a little bit tricky to come across if you’re not looking for it — but you’ll find a link to it in the video description below. Once you’ve finished your free trial, you’ll need to pick a Shopify plan. Let’s go through the available plans now, starting with the ‘Starter’ plan. The ‘Starter’ plan At $5 per month, Shopify’s ‘Starter’ represents one of the cheapest ways into selling products online — but you need to be aware that it doesn’t provide you with a fully-functional standalone online store. Instead, it allows you to sell products: products on an existing website, sell on social media platforms like Facebook or Instagram and sell on messaging apps like WhatsApp and Messenger. A key feature of the ‘Shopify Starter’ plan is a ‘Buy Button’ that lets you embed your products on another website. You simply add a snippet of code to your website and your Shopify products or catalogs appear on it. Once you’ve added a buy button to your website, any changes you make to your products in Shopify will be automatikally updated on it. However, the Shopify Starter plan won’t be for everyone. First, the transaction fees are very high — 5% of each sale. Second, unlike the other Shopify plans, the Starter plan doesn’t come with any point of sale features, meaning that you can’t use it to sell products in physical locations. And finally, the fact that you can’t build a standalone website with the Starter plan will rule it out for a lot of merchants, So a lot of potential Shopify users tend to skip the Starter plan and head straight for the ‘Basic’ one. Let’s take a look at that: The ‘Basic’ plan. At $29 per month, the ‘Basic’ plan is the cheapest Shopify plan that enables you to create a fully-functional standalone online store. Importantly, it also lets you sell products at point of sale, meaning that you can use your Shopify account to sell products in physical locations like retail stores, market stalls and pop-up shops. You also get content marketing tools like a blog, the option to present your store in multiple languages and full control over your store’s SEO. And finally, on the ‘Basic’ plan, you’ll pay lower credit card fees and transaction fees — in fact, if you use Shopify’s built-in payment processor, Shopify Payments, you won’t have to pay any transaction fees at all. All in all, the ‘Basic’ Shopify plan is a great starting point for most merchants — you’ll find a link to more information about it in the video description. Now let’s take a look at the ‘Shopify’ plan. The Shopify plan costs $79 per month — a considerable step up from the ‘Basic’ plan in terms of monthly outgoings. But you do get some key additional functionality for this extra investment. For a start, you get more user accounts — 5 people can log into your account if you’re on the ‘Shopify’ plan, as opposed to just 2 if you’re on the ‘Basic’ plan. You also get more inventory locations to play with — while the ‘Basic plan limits you to managing your products in 4 locations, you can do so with 5 on the ‘Shopify’ plan. Additionally, you get lower transaction and credit card processing fees. The analytiks are better too — while the reports available on the ‘Basic’ plan mainly involve simple dashboards, you get access to a lot more detailed ecommerce data on the ‘Shopify’ plan. But most significantly, you get access to ecommerce automation tools. The ‘Shopify’ plan lets you add the ‘Shopify Flow’ app, which gives you sophistikated ways to automate tasks and processes within your store and across your apps. In short, the ‘Shopify’ plan is a good option for ‘power’ sellers that want more detailed data on their customers and more ways to automate aspects of their ecommerce business. But if you want to take things up a notch further on the functionality front, you might need to take a look at Shopify’s ‘Advanced’ plan. Let’s go through that now: The ‘Advanced’ plan. The ‘Advanced’ plan costs $299 per month and is the most fully-featured Shopify plan aimed at small businesses and solopreneurs. It gives you 8 inventory locations, 15 user accounts, lower transaction and credit card processing fees and advanced customizable reporting tools. But the most significant thing that the ‘Advanced’ plan brings to the table is much stronger functionality for selling internationally. Unlike all the other Shopify plans I’ve covered in this video so far, the ‘Advanced’ plan lets you set individual product prices for individual countries. This lets you price products accurately for local markets rather than rely on a currency conversion that might not reflect market realities. You can also set duties and import taxes using the ‘Advanced’ plan, something that the other plans I’ve discussed don’t facilitate. So for me, the main reason you might want to use the ‘Advanced’ plan over the others is if you want to sell internationally — it really gives you a lot of functionality and flexibility on this front. Now, so far we’ve gone through the Shopify plans that are aimed at individuals and small businesses. But there’s one more Shopify plan to consider, and that’s one that’s been designed with more corporate entities in mind. Let’s take a look at it: The ‘Shopify Plus’ plan. The pricing for ‘Shopify Plus’ is negotiable, but you’re typically looking at around $2000 per month. For this. you get all the functionality provided by the ‘Advanced’ Plan — but Shopify Plus also gives you a host of features typically required by larger ecommerce businesses. These include a dedicated account manager, full control over the checkout process, automatik currency conversion based on IP address, better access to Shopify’s API, an unlimited number of user accounts and enhanced security features. Perhaps most significantly, Shopify Plus lets you create and manage up to 10 stores at once. So if you are running a lot of ecommerce websites and need a lot of advanced features for them, Shopify Plus arguably represents your best value option. But for a full lowdown of how Shopify Plus differs from the other Shopify plans and to see if it really is worth the investment, I’d suggest taking a look at our Shopify vs Shopify Plus comparison. You’ll find a link to this in the video description. What’s the best value Shopify plan? So, after all that, what’s the best value Shopify plan for you? Well, for merchants starting out, I normally recommend the ‘Basic’ plan. It’s a well-rounded option that gives you the core ecommerce tools you need without breaking the bank.

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Shopify Pricing: How Much Does Shopify Cost?

hey, what is up, guys? it's Brennan here, and today we're going to be covering Shopify pricing. how much does Shopify cost? so, before we dive in, I do want to mention, guys, the first link down in the description box will take you right over to a 14 day free trial to Shopify. if you want to get signed up with Shopify and start your 14 day free trial today, you can go ahead and do that. first link down in the description box below Brandon belowskicom forward slash. Shopify does support the channel, so if you want to support the Channel, please be free to do so and without further Ado, let's go ahead and dive right into Shopify pricing. so how much does Shopify cost and what does it cost you to get started with your online store on Shopify? now, these prices are accurate as of the time of recording this video. of course, these are subject to change, but the pricing plans- you know the different options that you have- I'm sure going to be consistent and let's go ahead and Dive Right In. so, of course, just want to mention as well: you can set up your store and pick a plan later. if, if you are, you know, still thinking about things, not sure exactly what you want to do. you can do the 14 day free trial and figure out what type of plan you want to pick later. but of course you're watching this video. you want the detailed pricing plan comparisons and that's what we're diving into right now. so, as you can see here, we have the Shopify monthly plan. so at the first plan, we have the basic, their most popular plan, and that is Shopify basic at 29 US dollars per month, and that gets you really everything that you need for a Shopify store. as you can see here, you know, you can ship products, process payments, do everything you want. as far as building out an entire online store for your eCommerce business and start selling physical products online or just whatever kind of products you want to sell online, Shopify is just a great option and that is the basic plan at 29 a month. we'll be diving into some of the other specifics as well. as far as like comparing the actual- uh, you know- plan features in just a moment moment, but I wanted to also mention the other plan options that you have just from the get, you also have the Shopify plan, that's their mid-level plan- at 79 US dollars per month, and then you also have the advanced plan at 299 dollars per month. now, if you are a beginner just getting started, basic is probably the best for you. I'm going to be going through you know what. which plan is probably best for each type of person? watching today's video so you can get an idea and feel for well what. what option may be best for you if you're kind of stuck and not sure. now another thing: uh, before we dive into other specifics, you can save money doing the annual plan as well. they do offer a yearly uh annual plan at the moment and that is a great way to save money. if you're going to be committing to building your online store with Shopify definitely makes sense. if to save money on that yearly annual plan- I mean, that is a huge cost Savings in the long run, uh, and you know you're committing to it- it makes a ton, a ton of sense. if you are going to be doing this for the long run anyway and you want to save money, that is just an excellent way to do. to do so, um, definitely makes it very cost effective in the long run. and a great savings plan that they offer on the yearly annual plans, uh as well, and that's really hard to beat, you know, when you compare Shopify to other e-commerce platforms out there, not that many offer as much features at that price point, um, just in the overall Marketplace as a whole. so definitely something to consider as well. um, and then they do also have two other, uh, smaller plans, while smaller and much larger plans, uh, just, we're going to be going into specifics. like I said a little bit later in this video. they also have alternative plans, such as the starter plan at five US dollars per month, where you can sell products to do social and messaging apps. like I said, we'll dive into the details in a little bit. and then they also have Shopify plus, which I have covered on the channel before as far as specific pricing, but it starts at 2000 USD per month. so that's really for Enterprise level, uh, high volume businesses. you know the really massive Brands and big companies, uh, of course, uh as well- and it's important to mention here- read the fine print, of course- on the, the yearly savings there, um, you know so as far as any, you know discounts and Deals, um, but it is great, obviously, you know that discounts for the first year, uh, which is still great, uh, great as a cost savings there, but yeah, so Shopify plus. you know, unless you're a massive brand, you're probably not looking at that. that's probably way above most people's price ranges for the average person watching this video or looking for uh, just to get set up with Shopify, maybe you're a beginner, you're starting your first store. the starter plan is a great option for that, just because it at least allows you to sell products through social media, uh, and at least you then own that channel. you get the customer emails and all the information and all the data behind that too, and the analytiks. so we'll be diving into the specifics, uh, right now. so, looking at obviously basic Shopify in advance, those are the main, most popular plans. of course, the basic does get you an online store, um, so let's go ahead and compare the features. so, as you can see here, uh, with a basic plan you do get an online store. so that is the differentiator there between um. the starter plan is just to sell products through social and messaging apps, so you don't actually get like a full online store, um, you do get the back end of Shopify, but not like you don't get like a whole website in place to send people to and like a whole like visual website and storefront, uh, an online store, so that's something to consider there. on the basic, you do have, of course, unlimited products, which is really nice. they don't limit you on the products. you can do as many as you want, which is awesome. uh, you have two staff accounts. so the biggest difference really, um, one of the biggest differences between the basic Shopify and advances, just the number of Staff accounts. I mean, you got go from two to five to Fifteen. so if you've got a big team, maybe you have customer support staff already. uh, then, yeah, that's something that you're going to want to take into account. most beginners, people getting just getting started with Shopify- probably staff accounts does not matter to to you at all, it's probably just you running the business anyway, but gotta mention it. and, of course, you have support, and I have personally dealt with the Shopify support team. they are excellent, really great- at handling everything you can call them up and they are excellent at handling any type of problem that you throw at them. um, you know, I've personally use Shopify for a long time and they are really a great platform, uh to use. of course, then you also have the sales channel so you, like I said, you could sell through social media and other online marketplaces. they offer that on on all those other plans. as far as inventory locations, tracking orders and products: uh to different retail stores, warehouses or pop-ups, this would be like if you had a point of sale system and you had a separate inventory. uh warehousing, then you know up to four, up to five and up to eight as follows: uh, manual order creation, so you can create manual orders, discount codes, free SSL certificate, abandoned cart recovery, um gift cards reports, So based sick reports. you know basic reports are pretty nice. if you need something more bigger than that, bigger than the basic reports, then of course standard and advanced are as follows: third party calculated shipping rates. so if you have that, then you know, unfortunately you'd have to jump to the advanced plan. at least, if you need that, there may be a Shopify app that you could use to kind of bypass that in some way. depending on your personal Shopify setup, that could be an option for you.

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Shopify Plan Features || Shopify Help Center

shopify offers plans with different features to meet your business needs. keep watching to learn about the features and benefits to each plan so you can decide what's right for your business. the cost of your shopify plan- transaction fees and credit card rates- depend on the plan you choose and where your business is located. then visit helpshopifycom and open the help artikle on plan features. here you can find detailed descriptions of all plans. no matter which plan you choose, you always have access to help resources and free 24: 7 support for business coaching, troubleshooting and any questions you might have about using shopify. if you're not using shopify yet, then sign up today for a free trial. during your free trial, you can prepare your store by adding products, organizing product collections and setting up your shipping rates. during the free trial, your store isn't live and you can't process orders. when you're ready to open your store, select a plan and make your store live so you can start making sales. if you select a plan during your free trial, then you will not be billed until after the trial period is over. let's start with the shopify lite plan. this plan is for anyone who wants to sell products without an online store. the lite plan might be the right choice for you if you want to sell through your blog or personal website or if you sell in small retail settings like pop-up shops or markets. if you choose the shopify like plan, then you won't have a shopify online store or website for customers to visit. instead, you can use the shopify buy button to sell products on a website outside of shopify. think of it as a shortcut for buying your products. when a customer clicks a buy button, it opens a checkout page so they can buy the product immediately without going to an online store. if you use the shopify buy button, then you also have access to abandoned cart recovery. this feature is useful for recovering sales by sending customers a notification if they left items in their cart without completing a purchase. the shopify lite plan also comes with shopify's standard features for point of sale, which is great if you're selling at pop-up shops or markets. in the shopify admin, you also have access to the overview dashboard to monitor performance and the finances report to track sales and payments. if you want to have an online store, then consider one of the following plans. first, the shopify basic plan. this plan is ideal if you run a small business that is new to shopify or if you have a limited budget. the basic plan includes an online store with access to free shopify themes that you can easily customize to build your brand. this plan also includes inventory tracking from multiple locations. locations can be a warehouse, office, brick-and-mortar store or anywhere you store products. with the basic plan, you can track inventory in up to four locations. if you have staff and would like to create an individual login for them, then the basic plan gives you two staff accounts with permissions that you can customize. in addition to finance reports, the basic plan also includes acquisition reports, behavior reports and even a marketing report. this information can give you insights into your online store traffic to help you expand your business. the next option is called the shopify plan and is ideal for growing businesses. the shopify plan includes five staff accounts and inventory tracking across five different locations. through the shopify plan, you get access to lower credit card and transaction rates than the basic plan. the shopify plan is best if you're experiencing an increase in sales, so you can offset these fees with lower rates. the shopify plan includes all the features from your basic plan and gives you greater insight into your sales trends and access to more reports. these reports include a website cart analysis to understand shopping behavior, and reports covering sales, retail sales and profit. there's also more in-depth marketing reports to understand if campaigns and activities helped generate traffic in sales, and customer reports highlighting average order and expected purchase values. the next option is the advanced plan. this plan is a great option if your business handles high order volume and if you want to use analytiks to look for new growth opportunities. the advanced plan contains all the features of the shopify plan and has lower credit card rates and transaction fees than both the basic and shopify plan. the advance plan also comes with 15 staff accounts and can track inventory across eight locations. you also get access to carrier calculated shipping to show your shipping carriers negotiated rates at checkout. this is especially valuable if you live in an area that is not eligible for shopify shipping. finally, the advanced plan includes custom reports. this allows you to modify default reports and create custom reports using shopify's filtering and editing features. lastly, the shopify plus plan is the enterprise solution. shopify plus is the right choice if your business has high volume sales, you have a large social media following, you work with well-known influencers, or if you're ready to scale globally with stores in many different countries. with shopify plus, you have access to an enhanced admin to manage all of your stores from one location. you also get the tools to automate your most complex processes and manual tasks across stores and apps. some other great features include a customizable checkout expansion stores, unlimited staff accounts, access to exclusive apis and much more. at shopify plus, you also have dedicated support to get you online faster and access to the merchant success program to help define your business goals so you always get the most out of the platform. now that you have an overview of shopify's plans and features, we hope it provides you with more confidence to choose the right plan for your business. don't forget to visit helpshopifycom for more resources and information on getting started with shopify.

Shopify Pricing Plans Calculation: What is Your Investment?

[Music]. hi, it's june here again from pagefly. in today's video, i'm going to show you how to calculate the shopify fees with a dynamic shopify pricing calculator to help you work out the cost you have to pay when using shopify. if you are already using shopify, it's okay. you can skip this video or learn more about the plans if you want. for those who are considering building your store on shopify, here are the plans and fees included in each plan you should pay attention to before making a final decision. so now let's go to the main part. first off, how many plans does shopify offer you? well, there are three main plans, which are: basic shopify, which costs 29 usd per month. shopify- 79 us dollar per month. and advanced- 299 us dollar per month, which is 10 times higher than the basic. there's also shopify live plan, which is nine us dollar per month, but shopify, which is help add your product and sellers on your website or blog about the shopify plus here. this is for large enterprises. so if you are running a small or medium sized store, i recommend you should focus on three main plans i mentioned earlier. now you can see there are lots of features and categories here, but in this video mostly we're gonna look at the three key factors that can affect the cost when you run your business with shopify. let's look at the shopify payment here. what is shopify payment is a shopify feature that accepts the most popular payment methods like martha card, american express, etc. but right now it's just available in some countries. so you can check if your country is on the list with the link in the description box below. the great thing when you choose shopify payment is that you don't have to pay any transaction fee for each purchase made on your shopify store. next let's look at the listed fees below. online credit card rates will be applied when your customer purchases a product from your store online. the rate will go down from 2.9 to 2.6 to 2.4 from basics to advanced plan, each plus 30 cents. [Music]. the in-person credit card rate. here is when you sell outline. the additional fees here are when you use other payment providers and don't use shopify payment. for each transaction, you will be charged uh two percent, one percent and 0.5 respectively when you go to a higher plan. to help you calculate the cost more precisely, let's use the shopify pricing calculator. it's already included in our blog post, where i put the link in the description box you can check out and use it. now let's do an example here. i'm gonna add my average order value here, 50 us dollar, and my number of orders per month. let's just write 100, and i choose shopify payment. yes, now you can see. the calculator does it for you. my cost per month here, if i use the basic plan, will be 204 us dollar. and if you are in different region and want to know how much the cost is in your currency, you can use this website, xccom, to change the currency. so here i want to change it to euro. [Music]. it will be around 173 euro. it's easy, right, and here, if you choose no, it will calculate the transaction fee for you right away. there is also a benefit of shopping discounts you should pay attention to in each plan if you use dhl express ups or usps. so basically, that's how you calculate the cost for each plan. there are some optional payments you should include in the calculation. if you choose to buy your own domain by theme or using apps from shopify, the cost for the domain is not that high, just around 17 to 30 us dollar per year for the theme. they are mainly free or a one-time purchase, so you don't have to worry about monthly charges. but for apps they're to charge you monthly. so please choose your apps wisely if you don't want to add up too much cost now. have you found out which plan fits you the most? if not, we recommend you to start with the basic plan first for a few months, then upgrade to higher plans when your business grows or to make sure whether shopify can help your business or not. you can try the 14 day free trial first. i'll put the link in the description box below. you can also watch out tutorial on how to use the trial shown at the end of the video. if you find this video helpful, click the thumbs up or leave a comment to discuss more. and please remember to subscribe to our page fly channel. click on the bell icon to get a notification on the latest page flight tutorials and shopify videos in the future. thank you for watching and see you next time.

SHOPIFY PLANS EXPLAINED Shopify Lite VS Shopify Basic VS Shopify VS Shopify Advanced VS Shopify Plus

all right, you might be wondering which of these shopify plans should i actually choose? or, alternatively, hey, i'm using a shopify plan. why would i ever upgrade to a more expensive plan? well, follow along in this video because i'm going to explain to you the different types of shopify plans- when it makes sense to upgrade, when you're losing money because you're not upgrading, and the basic difference between each and every one of them. the first one is shopify lite. shopify lite is nine dollars a month and basically just gives you a buy now button. this is fantastik for people that want to inventory and customer management system of shopify, but that are more comfortable with another website creator software, other website creator software. you might be asking: what else can you really have out there? well, maybe you have a wordpress blog that has really really high seo rankings and you don't want to lose that and you really like your custom wordpress blog. or maybe you want to put your buy now button on a completely different website from someone else. you can do that with the shopify lite plan. now, before we continue, it is really important you understand the difference between transaction fees and credit card fees. to keep it simple, transaction fees are basically the fees that the company that provides your online store charges, while credit card fees depend from your payment gateway. so different payment gateways are gonna charge different credit card fees. okay, so for the shopify light plan, that was the 9 us dollars fix a month and then you're going to get a uh 2.9 percentage plus 30 credit card fees if you use the shopify payment gateway. if you don't use the shopify payment gateway- for example, you use paypal or braintree or really any other payment gateways- right then you're going to be paying the credit card fees of that payment gateway- for example, stripe, plus a two percent additional fee that shopify is going to charge you for using another payment gateway instead of their own. shopify is making that dough on that, on those credit card fees. so if you're leaving to another payment gateway, they're gonna make sure that they charge you. okay, but for most people, shopify lights- really, how are you really gonna use it? most people are gonna be using the basic shopify version. this is where you can actually have all your inventory management, all your client management, all your order management, but you can also have the shopify website builder, which is what you most likely want. frankly, if you are starting an online store, this is really the plan for you. it makes it super easy to start an online website, to build that online website. it gives you a whole bunch of features. i'm not gonna name them all out, i'm just gonna lay them out right here, and you should know that all of this is gonna cost you the classic 29 a month for shopify, but there are some additions to this. this is also the plan where you can install apps. you have over like 5 000 apps you can install, some paid, some are free, where you can have different themes and for credit card and transaction fees. we're basically following this model right here, which is exactly the same as the shopify lite. now we're moving up to 50 dollars a month to the shopify plan, not the basic, just call shopify plan. okay, wait, andrew, why would i start paying more if shopify basic gives me a lot already? well, that's where the key of this entire video lies: transaction fees and credit card fees. so that's basically the gist of this entire video about shopify plans. as you move up in the shopify plans, yes, you get more features and that's a lot of fun and we'll cover those in detail. but as you move up, your transaction and credit card fees are going down. so, yes, you might be paying more months, but your cost per transaction is going down. so at some point, if you're doing enough sales, that base fee covers what you're saving in transaction. for example, on the shopify plan, if you use shopify as your payment gateway, the credit card fee just dropped from 2.9 to 2.6 percent plus 30 cents per transaction. okay, so, besides lower credit card fees, what does the shopify plan have as an advantage? well, you have advanced reporting, which is really quite useful, especially if you work in a slightly bigger team where you have to communicate. having nice reports that are detailed and outlined really is a benefit there. in addition to this, you can also sell in multiple languages with the shopify plan. that what you could only do in the shopify basic plan with certain apps and add-ons, and it gets a little bit more tricky. in the shopify plan. you can do it with five languages out of the box and it gives you a custom url, let's say wwwamazoncom- german. also. this might be interesting if you're shipping with usps and your requirements of the packages that you're shipping out are less than these two things. i think it's 20 pounds and 0.5 cubic cubic square feet. is that possible anyway. in those cases, shopify gives you a usps discount so you can save on shipping as well. okay, now that we've seen the shopify lite, shopify, basic, shopify, shopify, we're gonna look at the shopify advanced one. so remember that in all the other plans we toked about the transaction fees and the credit card fees. well, in the shopify advance plans, these one drop yet again. so this were the fee for the shopify plan and these are the fees right now for the shopify advanced plans. you're saving some money again, depending on how big yourself. the price tag for the shopify advanced plan is 299 us a month. okay, besides saving money on transaction fees and credit card fees, what else do you really get with the advancement? well, you get significantly better reporting. so, again, if you're in big organizations and reporting is a must for easy communications between departments, then this is getting really interested. so another reason why we advise our clients to move up to the shopify advanced plan is the real time shipper display fees. so this means that the shipping rates are automatikally going to be calculated correctly at checkout, so you don't have to like create zones and do like a bulk amount. no, no, no. shopify now toks directly to the shipper and gives you the correct rates onto your ship or your correct rates. now i can already hear you say: andrew, i have a lower version of the shopify advance plan, i just have a shopify basic. yet i also have real time carrier rates in my checkout, and that is true. but there is one major difference in it is that you can only do that with carriers that shopify has a partnership with, while on the shopify advance plan you can have it with all carriers anywhere in the world. so that's kind of where the handoff happens. and then we arrive at the shopify plus plan. well, the shopify plus plan actually really only makes sense once you start selling for north of 1.4- 1.2 billion dollars- you a billion, golly million dollars us per year. so if you're being selling like 1.6 million dollars a year in transactions on your shopify store, then you should be shopify plus, because otherwise you're leaving money on the table, like literally. now the price tag for this shopify plus is: shopify is going to tell you that it's negotiable and we kind of got to have a tok together, you and i. but the reality is we serve about 90 shopify plus stores and it's usually two thousand dollars per month, maybe a little bit more. it starts at two thousand dollars per month. let's just put it that way now. maybe if you're selling a billion a month, it's gonna go even up and the transaction fees are gonna go even down. i don't know, but you can calculate 2 000 us a month for shopify plus. one partikular thing about shopify plus it is that it actually comes with a one year agreement, so you're gonna need to sign some some papers now. remember that we were toking about the credit card fees and the transaction fees for shopify advance, and really this is the main kicker. this was for the shopify advance plan and this is for the shopify plus plan. right, hey, now what are some?