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Shopify Fees 2023 | What Does It Cost to Sell on Shopify?

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shopify fees

 

Shopping online is the wave of the future, and Shopify has become one of the leaders in e-commerce platforms. But it doesn’t come without costs. If you are thinking about selling on Shopify, you may be curious about what fees will be associated with it in 2023, and how much you can expect to pay to list your products. In this article, we will go over the different types of fees associated with Shopify and how they may change as we look ahead to 2023. Whether you are just starting out or have been using Shopify for years, this article will give you a better understanding of what kind of costs to expect as you prepare for success on this popular platform.

 

What Is Shopify and How Can I Use It in My Business?

 

Shopify is a platform that allows businesses to create an online store. Shopify offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Businesses can use Shopify to sell products and services online, in-store, or through third-party channels such as marketplaces and social media platforms.

 

With Shopify, businesses have the ability to track inventory, manage orders and shipping, accept payments, and more. Shopify also offers users access to 24/7 support and expert advice. Overall, using Shopify can help businesses save time and money while growing their online presence.

 

Shopify three pricing plans

 

Shopify is a platform for businesses of all sizes to create an online store. Shopify offers three pricing plans: 

 

  • The Basic plan 
  • The Shopify plan
  • The Advanced plan 

 

The Basic Plan

 

The Basic Shopify plan starts at $29 per month. It includes one staff account, unlimited products, two domains, and 24/7 support. For businesses using the Basic plan, there is a 2.9% plus 30 cents transaction fee. There are also payment processing fees, which vary depending on which payment gateway you use.

 

The Basic plan also offers access to the Shopify platform, including a blog, product reviews, and a shopping cart. It also includes access to many other features, such as discounts and gift cards. Finally, you can use third-party applications to expand the capabilities of your store.

 

The Shopify Plan

 

The Shopify plan starts at $79 per month. There are also transaction fees for each sale made on Shopify. For businesses using the Shopify plan, there is a 2.6% plus 30 cents transaction fee. There are also payment processing fees, which vary depending on which payment gateway you use.

 

The Advanced Plan

 

the Advanced Shopify plan starts at $299 per month. It includes fifteen staff accounts, unlimited products, fifteen domains, and 24/7 support. For businesses using advanced, there is a 2.4% plus 30 cents transaction fee. There are also payment processing fees, which vary depending on which payment gateway you use.

 

If you’re looking to take your Shopify store to the next level, you may be wondering about advanced features and what they cost. Luckily, Shopify has a number of affordable options for advanced users.

 

One popular advanced feature is Shopify’s abandoned cart recovery. This feature allows you to recover lost sales and boost your bottom line. There are a few different abandoned cart recovery apps available on Shopify, and most of them are free or have a free trial.

 

What Are the Types of Fees Involved?

 

There are four main types of fees involved in selling on Shopify:

  • Subscription
  • Transaction
  • Payment processing
  • Shipping

 

Subscription fees

 

Subscription fees are monthly or yearly charges that give you access to use Shopify. These fees start at $29 per month (or $26 per month if paid annually) for the Basic Shopify plan. The other plans are $79 per month (or $71 per month if paid annually) for the Shopify plan and $299 per month (or $269 per month if paid annually) for the Advanced Shopify plan. There is also a Lite plan that starts at $9 per month (or $7 per month if paid annually), but this only allows you to sell on Facebook or using Buy Buttons, and not through a standalone website.

 

Transaction Fee

 

When you use Shopify to sell online, you’ll be charged a transaction fee on every sale you make. This fee is calculated as a percentage of the total sale price, and it goes to cover the cost of processing payments and powering Shopify’s eCommerce platform.

 

The transaction fee for Shopify starts at 2% for the Basic plan, and it goes down to 0.5% for the Advanced plan, and 1% for the Shopify plan. If you use Shopify Payments to process your payments (which we recommend), then you’ll also get discounted rates on credit card fees.

 

Overall, the transaction fees for using Shopify are very reasonable – especially when you compare them to other eCommerce platforms out there. And if you use Shopify Payments, you can further reduce your costs.

 

International Fee

 

If you’re looking to sell your products internationally, Shopify has you covered. There are no additional fees for selling internationally on Shopify – you only pay the standard transaction fees.

 

When it comes to shipping, Shopify offers a few different options. You can use a third-party shipping service like UPS or FedEx, or you can use Shopify’s own built-in shipping labels system. Shipping labels are available for all major countries, and they start at just $9.99 USD per order.

 

To get started selling internationally on Shopify, all you need is a merchant account and a payment gateway that supports your chosen currency. Then you can start adding products and accepting orders from customers around the world!

 

Credit Card Payment Fees

 

When you use Shopify to process credit card payments, you will be charged a fee of 2.9% + $0.30 per transaction. If you use Shopify Payments, you may be eligible for a reduced transaction fee. To learn more about Shopify Payments, please see our Guide to Shopify Payments.

 

VAT

 

When you sell on Shopify, you will be charged a transaction fee of 2.9% + $0.30 for each sale that you make. In addition to this, you will also be charged VAT at the standard rate of 20%. This means that if you are selling products to customers in the UK, you will need to add 20% VAT to the price of your products.

 

Does Shopify Take a Percentage of Sales?

 

The main difference between the plans is the features that are included. The Basic Shopify plan includes the ability to sell online, in person, or both; it includes unlimited products and file storage; and it gives you access to 24/7 support. The Shopify plan includes all of the features in the Basic Plan, plus gift cards, professional reports, abandoned cart recovery, and advanced report builder. The Advanced Shopify plan includes all of the features in the Basic and Shopify plans, plus custom shipping rates, third-party calculated shipping rates, and POS Professional for iPad. If you’re just starting out and aren’t sure which plan is right for you, we recommend starting with the Basic Shopify plan. As your business grows, you can always upgrade to a more expensive plan.

 

What is Shopify POS Pro?

 

shopify fees

 

There are two versions of Shopify POS:

  • Basic
  • Pro

 

With Shopify POS Basic, you can do the following:

 

  • Sell in-person with a Shopify-hosted checkout
  • Connect to an existing Shopify account
  • Use shopify.com to manage your inventory and orders
  • Process payments with a major credit or debit card
  • Get started quickly with no long-term commitment

 

Shopify POS Pro is an all-in-one solution that includes everything in Shopify POS Basic, plus the following features:

 

  • Integrate with Shopify Payments to accept major credit cards, Apple Pay, Android Pay, and other local payment methods
  • Connect additional sales channels like Facebook, Amazon, and eBay to manage all your orders in one place
  • Access advanced features like professional reports, gift cards, and staff permissions

 

Disadvantages of Shopify

 

One of the biggest disadvantages of Shopify is the fees that they charge. Shopify has a monthly fee, and then they also charge transaction fees on every sale that you make. These fees can add up, and they can eat into your profits. Another disadvantage of Shopify is that they do not offer a lot of customization options. If you want to really customize your store and make it stand out from the crowd, then you may be better off with another platform like Magento or WooCommerce.

 

What Kind of Applications Can I Purchase from Shopify?

 

shopify fees

 

Shopify offers a wide range of applications to choose from. You can purchase apps to help with accounting, marketing, shipping, customer service, and more. There are also a number of free and paid themes available to help you customize the look and feel of your shop.

 

Conclusion

 

It’s important to do your research and consider all of the different factors when choosing an eCommerce platform. Shopify offers a wide range of features and applications, and it is well-suited for businesses of any size. With its easy setup, low fees, and 24/7 support, Shopify provides an accessible way to start selling online in 2023. In conclusion, selling on Shopify is a great way to get started with eCommerce. The fees associated with it can be low, especially if you take advantage of their discounted rates for Shopify Payments. However, if you’re looking for more advanced features or customization options, then there may be better alternatives out there for you.

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Kayla Bloom

Kayla Bloom

Kayla Bloom is a freelance Finance Writer specializing in topics related to Accounting, Bookkeeping, Taxes, and Business Finances. She lives in Miami, Florida.

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