It can be daunting to figure out which Shopify product or service is right for you. You want to grow your business and earn more money, so you don’t want to spend too much. Before knowing how to start a Shopify online store easily, you should figure out how much Shopify costs to sell and how much money you can save. Here, we give a breakdown of the typical Shopify costs for an online business owner.
1. Shopify Pricing Plans
Like most e-commerce businesses, Shopify has multiple price tiers, which includes,
- Basic Shopify
The Shopify basic plan, which costs just $29 per month, means that you will be able to access all categories that your store can accommodate, and you’ll have the ability to create your own store page from scratch. With Shopify Basic plan you get very basic features for free (no custom domains, social login, affiliate tracking).
- Shopify
For $79/month, the mid-tier plan gives you the best bang for your buck and allows you to experiment with different business models and products while also providing the option to purchase other services and products as needed. According to Shopify reviews, this Shopify plan is completely customizable which means you have the power to create exactly the type of online store that works best for you.
- Advanced Shopify
At the time of writing, the Advance Shopify is the highest pricing plan available on the Shopify platform costing $299 for a month. Advanced Shopify plan is the best choice if you want to sell products on Shopify for a living.
2. Domain Name
A domain name is one of the few expenditures not included in the Shopify packages. Adding a domain name to a Shopify store is necessary if you want to boost traffic on your store and help you stay top of mind with customers who are looking for specific products.
However, domains cost money. Depending on discounts and deals, this can cost anywhere from $2 to $20 per year. Certain domain extensions, particularly new ones such as .app, are more expensive.
Some web hosting services offer free domain names but if you plan on using it for more than just your online store then it’s worth looking into server cost and other costs involved in owning a domain name.
3. Shopify Apps and Integration
There are over 4,000 apps (both free and paid) available in Shopify's app store, all of which are simple to integrate.
Shopify applications, which normally cost around $15 a month (sometimes higher) can also be used to combine your store with popular productivity and business software like Xero, Zendesk and Salesforce.
Other apps, such as customer analytics and product choices applications, lets you add more advanced features than what Shopify provides out of the box.
4. Shopify Themes
Shopify themes (the actual site structure) come in a wide variety of styles, designs and price points. If you're looking to make money with your Shopify store, it's best to find themes that are affordable and offer a wide range of functionality.
Shopify theme providers offer many free themes; however, it is important to understand that you are going to be sacrificing some useful features. Most paid themes include the main theme (a single file containing the HTML and CSS for the entire site), plus variations and sub-themes for additional customization options.
It’s possible to develop your own theme but this will necessitate a significant amount of web development expertise, thus making it more expensive and time-consuming. A lot of paid themes can be purchased for a one-time fee of $180 or less and can be a wonderful way of differentiating your store from those who make use of free themes.
5. Sales Tax
Sales tax is an important variable to consider when determining the general costs of running your Shopify store. Online sales tax is typically charged when consumers purchase goods or services from a merchant location outside of their home country. This service can be extremely beneficial for consumers who live in countries with low sales tax rates but can run as high as $700 if your store attends to people living outside your country of residence.
6. Business Registration
Business registration costs will vary greatly depending on the size of your business. But Shopify reviews show that even with a basic registration, it may cost more than $1000 to set up your business. Registration fees will cover the cost of gathering and managing business legal documents needed by the relevant authorities and agencies as well as any other costs associated with creating, designing and maintaining the system used for trading and handling customer payments.
Save Cost by Using SaleYee Dropshipping Platform
SaleYee dropshipping platform provides a wide range of products at a wholesale price for Shopify retailers. With over 30,000 high-quality products from various categories, you can sell trending niches at a competitive price to get a high margin. With its local warehouses in U.S., U.K., EU, DE, etc., it allows your customers to get products fast. Besides, with SaleYee’s Shopify integration, automated shipping and effective management can be realized so that you can get more favorable reviews. With no need to set up your own inventory, you can save money.
With Shopify dropshipping empowered by saleyee.com, costs are typically cut in half or even more as it provides free sign up and free membership. This means there’s more profit for the store owner while keeping production costs low.
Conclusion
One of the first things you should try to do when getting started with Shopify is to have some idea about the cost of using it. You'll need to know the cost of your servers, infrastructure, and software in order to know how much traffic you'll generate. With the above information, you'll be able to make an informed decision as to the overall cost of selling on Shopify and which pricing plan to go with.
