What mission-critical features do I need to run my store?.When you operate in high volumes, even just an hour lapse can result in thousands of product losses simply due to how quickly everything is moving. However, when you’re selling thousands of units daily, automating fraud analysis can help you catch a problem early, saving a lot of money. In the time between when the fraud first occurred and when someone caught it, you may not have sent out any additional orders or suffered many losses. Your team is likely still personally handling each order and can call out if something looks off because of their familiarity with your product and customers. Although you were able to live without them previously, they could be worth the investment as you scale your store.įor example, if you want to grow your team or expand your retail locations, having more staff accounts and additional location support in Shopify will help keep things segmented and organized.Īs another example, fraud analysis isn’t as vital if you have a low monthly order volume. Look at which plan offers everything you need to operate your store today.Ĭonsider the features you didn’t originally consider but would help you immensely moving forward. This transaction fee gets lower with the higher tier plans, which further compounds savings for high-volume stores. Note that these calculations will look different if you do not use Shopify Payments since Shopify will charge an additional transaction fee. With these numbers, Store 1 would pay $87.50 per month for Shopify Basic and $350 for Shopify Advanced.
Store 1 is a smaller store with lower monthly revenue, and fewer transactions. Let’s calculate an example of how this plays out below. On the flip side, stores with fewer orders and smaller cart sizes are likely better off using one of the introductory Shopify plans. Stores with more orders per month and a higher AOV will end up paying less with a higher Shopify plan. What is your AOV and average number of orders? What is your average order value (AOV) and number of orders?. Factors to consider when choosing your Shopify pricingĪ few big questions to answer when selecting your Shopify plan are: #cta-visual-pb#Build the perfect Shopify store for your brandUse Shogun Page Builder to seamlessly compose your dream website.
Revenue is everything in ecommerce-it determines whether you can expand to new markets, or have to destroy inventory you can no longer afford to warehouse. The importance of choosing the best-fit Shopify pricing plan
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