Shopify Plus Pricing: How Much Does It Cost In 2023?

In this article, we will analyze operating costs, potential fees for using Shopify Plus, and Shopify Plus pricing of rival services are all considered.

Many businesses, particularly large ones, have thought about switching to a scalable eCommerce platform like Shopify Plus. One of the most affordable business platforms, Shopify Plus enables you to set up and manage an online store quickly. However, the initial challenge for the majority of businesses is to build their stores. Shopify Plus and Shopify Plus Pricing information will be revealed in this article. Continue reading to learn important information that will help you make wise decisions.

About Shopify Plus

The Launch of Shopify Plus

Shopify Plus is without a doubt the best multi-channel commerce platform in the world. It serves as an eCommerce platform for systems other than just online shops and retail establishments. Shopify Plus has been utilized by over 10,000 brands across 175 nations to create online stores.

Shopify Plus was introduced in 2014 to cater to enterprise-level businesses after it became clear that many businesses wanted to switch to a new eCommerce platform with scalability and flexibility.

Advantages of Shopify Plus

Small- to medium-sized businesses should use Shopify, while larger businesses should use Shopify Plus. In comparison to the basic Shopify platform, Shopify Plus offers more sophisticated features and functionality. Below are some outstanding advantages of Shopify Plus:

  • Omnichannel commerce: You can create a single platform from which to sell through both online and offline channels. Additionally, retailers have access to more than 100 social media networks, 80+ online marketplaces, and other channels. Through third-party integrations like those with Amazon, eBay, Facebook, Instagram, Messenger, Pinterest, and others, you can also reach out to new clients.
  • Seamlessly integration: Utilize Shopify apps to increase the capabilities of your store. Apps for managing inventory, bookkeeping, customer service, marketing, special offers, or wholesale clients are available for your company.
  • Centralized system: Other advantages of Shopify Plus include being able to manage your transactions in a single location and managing the inventory of all of your locations. Shopify Plus also syncs your online B2B and DTC products, clients, taxes, and payments in a single platform.
  • Global selling: To expand several stores internationally, Shopify Plus may be the best option. More than 20 different channels, including the marketplace, are available to store owners for customer research. With personalized storefronts, languages, and currencies, you can deliver your goods and services all over the world.
  • Customizable platform: Users always have access to the most up-to-date websites thanks to Shopify. These cutting-edge websites will improve the responsiveness and automaticity of the web pages. In addition, you can alter your theme to suit the demands of your company.

What Are the Costs of Shopify Plus Store Development?

If you are interested in improving your Shopify store by investing in Shopify Plus, the first question you will likely think of is the following – “how much does Shopify Plus cost?”

The pricing structure of Shopify Plus is open and clear. Shopify Plus typically costs $2,000 per month. This is merely a minimum, though. If your business requires more complex services or you sell at a much higher volume, you might be required to pay a variable fee.

Before purchasing the service, you can discuss the cost with a Shopify Plus expert based on the particulars of your company. But these are not the only expenses you will incur as a company using Shopify Plus. The specifics will be covered later in the article, but $2,000 a month is a good minimum.

Let’s learn more about Shopify Plus’s base prices for creating an online store.

Shopify Plus Platform Fee

The licensing fee for Shopify Plus typically starts at $2,000 per month. Your business must therefore pay the licensing fee every year in the amount of at least $24,000. Additionally, other costs that depend on your monthly income must be paid. Depending on the monthly sales volume, the license price may change. It is calculated based on the principle: “The demand for supper and server resources increases as your income grows.” In addition, you must pay 0.255% of your monthly revenue if your income is greater than $800,000.

To make things simple, the monthly platform fee for Shopify Plus is over $2,000 or 0.25% of monthly sales. For instance, if your business generates $1 million in monthly revenue, you will be required to pay a platform fee of $2,000.

The Development Cost of Shopify Plus Store

If you decide to build a Shopify Plus store, you should be aware of the expenses involved. You should think about a few things when planning Shopify Plus development.

The monthly expense, which we previously covered, makes up the first developmental cost.

Migratory costs are another significant expense. First off, it takes a lot of time to migrate data to Shopify Plus. You will need to give this process at least 90 days to complete if you want to transfer your data to Shopify Plus.

The opportunity cost is high because you might have to pay for Shopify Plus and keep up with maintenance on your old store to maintain sales. You might have to pay fees to leave your current platform in addition to this opportunity cost.

Finally, if you need to build your website, you might have to pay a developer to do so. This item’s cost varies, so shop around to find the best deal.

Shopify Plus Transaction Fees

If you make lots of sales, transaction fees can quickly add up. It is crucial to talk about the transaction fees for Shopify Plus because of these expenses.

You must pay third-party transaction fees to subsidize the upkeep of Shopify’s integration with these platforms. The decrease in payment processing fees is one of Shopify Plus’s major benefits.

For instance, if you choose to use Shopify Advanced, you will be required to pay 2.4% of each online transaction plus an additional 30 cents for each in-person transaction. The third-party relationship is kept up thanks to this fee. It will cost considerably less. Shopify charges 0.15% per transaction to help cover the cost of the enhanced security offered by Shopify Plus.

But if you use Shopify Payments, the company’s payment gateway, you can avoid paying this fee. For companies looking to save money, this is the most affordable option offered by Shopify Plus.

Payment Processing Fees

In addition to the platform fee for Shopify Plus, there is a transaction fee related to the online payment process that must be calculated in Shopify Plus Pricing – Payment Processing Fees.

Payment processing costs for Shopify Plus Pricing vary by nation.

Without a merchant account or payment gateway, Shopify offers payment processing via Shopify Payments. The estimated cost for each transaction will then be 1.6% plus $0.35. You must pay an additional 0.15% monthly fee if you don’t use Shopify Payments, though.

Some businesses use a third-party payment gateway in order to negotiate a more advantageous rate than Shopify Payment is willing to offer. Up until this point, Shopify has established connections with more than 70 payment gateways worldwide. The rates for credit cards offered by each payment gateway vary. Thus, it explains why many businesses opt to use third-party payment gateway.

Please note that:

  • Currently, Shopify Payments is still unavailable in some countries
  • If you operate in unsupported industries or high-risk businesses like e-cigarettes, you should consider using external payment methods.
2. Shopify Plus Pricing2

Apps Fees

In order to satisfy the demands of large businesses to manage more intricate tasks and have more sophisticated tools, those businesses must pay app fees. These costs will allow your business to offer things like subscription services, robust search solutions, loyalty programs, email automation, and accounting software. It can be challenging to estimate the cost of those features. If Shopify Plus integrates more tools and apps, your business will be charged more. To operate Shopify Plus on average, however, the cost of apps is estimated to be between $200 and $1,000 per month.

Maintenance Fees

Your radar’s upkeep is paid for by maintenance fees. The maintenance costs are quite affordable in comparison to Magento. The main reason for this is that Shopify is a fully hosted platform, which means you don’t have to worry about server upkeep, security patches, etc. But you should be aware that updating customized areas is part of site maintenance fees.

Shopify Plus License Fee

To conduct business using a Shopify Plus store, you must have a license. You can buy, sell, build Shopify Plus stores for expansion and other countries with this license.

Although this cost may change depending on your revenue, each Shopify Plus license has a minimum monthly cost of $2,000.00. You will be required to pay a portion of your monthly income if it exceeds $800,000. You won’t ever pay this percentage fee more than $40,000 in a single month.

Can You Negotiate These Fees With Shopify?

Shopify Plus fees can be pricey, especially if your company is still expanding, going through a difficult time, or you need to make investments to expand your online store.

However, if you find it difficult to pay these fees, you can talk to Shopify about negotiating them. Since there isn’t much information readily available about these negotiations, you must speak with Shopify directly to find out what they can do for your company.

Total Shopify Plus Pricing

The pricing for Shopify Plus is not always clear-cut and can change depending on specific factors related to your company, as you can see from the information provided above. We’ll give you a quick rundown of the approximate total cost of using Shopify Plus as your e-commerce platform before we wrap up this section.

Firstly, and the most major, is the monthly cost. You will be required to pay at least $2,000 each month. $24,000 is the total yearly cost of these costs. You might have to pay a variable fee based on your income. This variable cost is equal to 0.25% of your monthly income. However, you won’t ever be required to pay more than $40,000 per month or $480,000 annually.

The price of development is another expense you might have to take into account. If you want to create a unique theme for your business, you might need to hire a developer. The length and specifications of your project will determine how much a developer costs. But Shopify Plus covers all hosting and security costs.

Shopify Plus Pricing vs. Other Platforms

Based on the aforementioned data, we can conclude that the typical operating cost of Shopify Plus is just under $24,000 per year. How does this product stack up against those of its rivals, like Magento and WooCommerce? In the section that follows, we will talk about that issue.

Shopify Plus vs. Shopify

One of the biggest online shopping carts today is Shopify. As a business owner, choosing a package to use is one of the most important decisions you will have to make.

The results of comparing the prices of Shopify vs. Shopify Plus are as follows.

In conclusion, Shopify has a wider range of package prices than Shopify Plus. Additionally, it is significantly less expensive. The only main package offered by Shopify Plus costs at least $2,000 per month. On the other hand, regular Shopify packages range in price from $29 to $299 per month.

These packages, however, provide significantly less functionality than Shopify Plus, which renders them inappropriate for a company that is expanding quickly.

Shopify Plus Vs Magento Enterprise

Both the well-known enterprise-tier e-commerce platforms Shopify Plus and Magento Enterprise offer a wide range of features.

When contrasting Shopify Plus and Magento Enterprise, a few points are important to keep in mind.

Shopify Plus is typically less expensive overall. However, this calculation is difficult. Compared to Magento Enterprise, licensing for Shopify Plus is marginally more expensive, costing at least $24,000 per year for the former versus $22,000 for the latter. The cost of Magento licensing, however, can vary and is based on the revenue of your company.

On the other hand, while licensing costs more with Shopify Plus, you also have to pay for hosting, an SSL certificate, and a domain name when using Magento Enterprise. The licensing fee for Shopify Plus may be exceeded by these smaller fees.

Shopify Plus Vs Magento 2

With better features and customizability, Magento Enterprise has recently undergone an upgrade and been renamed to Magento 2. To what extent does it differ from Shopify Plus?

In terms of cost, Shopify Plus is comparable to Magento Enterprise vs. Magento 2. Shopify Plus licensing is more expensive ($24,000 vs. $22,000 annually) than Magento licensing. Although it is more expensive initially, Shopify Plus is more cost-effective in the long run because it has fewer small fees than Magento 2. This is particularly true if your business expands quickly because Magento’s licensing fee rises more quickly than Shopify Plus’s.

Shopify Plus vs. WooCommerce

Another significant e-commerce platform that has gained enormous popularity in recent years is WooCommerce, thanks to how simple it is to integrate with WordPress.

However, when we compare prices, WooCommerce vs Shopify Plus, the former is significantly less expensive than Shopify Plus, which carries a monthly price tag of at least $2,000. Although the most expensive WooCommerce package costs $31.99 per month. With these prices, WooCommerce is considerably more affordable for smaller businesses.

To run a profitable online store, you must pay additional costs such as hosting, security, and others. These costs are associated with WooCommerce. WooCommerce is a much more appealing option for smaller businesses despite the fact that these fees will never exceed a few hundred dollars.

Shopify Plus vs. BigCommerce Enterprise

One of the most heated rivalries in the e-commerce industry right now is between Shopify Plus and BigCommerce Enterprise. Both are robust and dependable e-commerce platforms that many large businesses use. The two services do, however, differ significantly in a number of key ways.

Though it isn’t always the case, Shopify Plus can frequently be less expensive than BigCommerce Enterprise. The former has a minimum annual cost of $24,000. If you make enough money, it might change, though. The price of BigCommerce Enterprise ranges from $1,000 to $15,000 per month, or from $12,000 to $180,000 annually.

In light of all of this, what is the price of Shopify Plus? In conclusion, the licensing fees for Shopify Plus are at least $2,000 per month. If you make more than $800,000 per month in income, this fee gradually increases. However, the total amount of Shopify Plus fees you must pay will never exceed $40,000.

You will incur additional expenses as a merchant in addition to this license fee. There are a number of smaller costs associated with Shopify Plus, including monthly app subscriptions and a small transaction fee for third-party payment methods.

Shopify Plus is still the most cost-effective e-commerce platform available compared to its rivals, even with these additional expenses on top of the licensing fee. The incredible number of features you get with Shopify Plus and the top-notch support Shopify provides are the reasons why this is the case.

Our team of Shopify Plus experts at Thooja is committed to making the process of learning Shopify Plus stress-free. Contact us today to discuss your needs and learn how we can help sustainable brands build and improve their store!

Why Do You Need Expert Advice to Build a Shopify Store Plus?

One of the challenges of moving from Shopify to Shopify Plus is not just the cost of the platform, but also how to turn your concepts into a user-friendly eCommerce website system. To assist retailers with this issue, BSS Commerce offers a Shopify Plus store development service. We are confident in our ability to provide the services to bring to our customers across sectors a well-established web and mobile development because we have more than 9 years of experience as a top development agency in the eCommerce sector.

Is Shopify Plus the Right Choice for You?

A developing online store may find the Shopify Plus features to be a thrilling opportunity. But not everyone should use the platform because of its strength and relative expense.

Upgrading to Shopify Plus could result in cost savings for larger companies that already manage and host their eCommerce platform.

This is due to the fact that although the monthly hosting costs for unmanaged platforms like Magento may seem reasonable, the additional costs of paying for website downtime, support, security updates, and maintenance can result in much higher costs. Furthermore, they are frequently unexpected and hidden, in contrast to Shopify Plus pricing, where all costs are disclosed upfront and easy to budget for.

It’s subjective. Assure yourself, however, that the costs of Shopify Plus won’t force your business into bankruptcy. Therefore, there are a few indicators that may indicate you’re ready:

  • generating at least $85,000 (or $1 million) in monthly income.
  • You’re expanding quickly and should keep doing so.
  • Your growth strategy calls for international expansion.

Frequently Asked Questions

Is Shopify Plus Expensive?

The minimum monthly cost for Shopify Plus is $2,000. You might also be required to pay a variable additional fee, depending on your income. This variable cost is equal to 0.25 percent of your monthly income. However, you won’t ever have to fork over more than $40,000 per month or $480,000 annually. Development costs are a potential additional expense to take into account.

Is It Worth Upgrading to Shopify Plus?

Consider switching from Shopify to Shopify Plus if your annual revenue exceeds $1,000,000 USD. Shopify Plus will enable you to expand your e-commerce business because it has more features and functionality.

Who Uses Shopify Plus?

Shopify Plus powers the e-commerce websites of thousands of businesses worldwide, including Heinz, Red Bull, and Victoria Beckham Beauty.

Conclusion

Despite the fact that Shopify Plus pricing can initially seem a little confusing, it is crucial to know what you are getting for your money. You have access to tools with Shopify Plus that can expand your clientele and support business expansion. Additionally, the Shopify Plus staff is always on hand to assist you with setup and to respond to any queries you might have. Shopify Plus is definitely something to think about if you’re looking for a robust eCommerce platform with all the bells and whistles.

Ivy Smith

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