It’s harder to break into e-commerce now than it was ten years ago. Using the platform’s out-of-the-box functionality to develop an e-commerce website is insufficient because thousands of other online retailers are fighting in the same area.

The flexibility and quick time-to-market of Shopify attract more new merchants. It’s wonderful to open an online store, but you must be aware of the costs charged by a reputed Shopify website design company

In actuality, it is hard to estimate the cost of developing a bespoke website without first reviewing the specifics of the project plan. However, we can demonstrate how the price of developing a Shopify store is calculated. 

How Much Does Shopify Store Development Costs ?

Shopify Subscription Plans

You can select from the following five Shopify subscription plans at this time:

Starter- $5 a month 

A monthly subscription to the $5 “Shopify Starter” plan is among the most affordable methods to sell products online. You should be aware, though, that it does not grant you access to a fully-fledged standalone web store.

Basic: $39 monthly

For getting started, the $39/month “Shopify Basic” plan is the best choice. You may start selling your products straight away by using the fully functional online store that comes with the Basic plan.

When subscribing to this particular plan, keep in mind that you won’t be able to access some of the premium features available on the other plans. Additionally, in the event that you wish to market to a worldwide audience, the basic plan does not allow you to change your costs based on the nation.

Advance: $399 monthly

The Advanced Plan is intended for growing, ever-larger stores. Its unique features include real-time carrier shipment quotes from outside sources, sophisticated report generation, and the option to apply import taxes and customs during the checkout process. The annual membership fee for the Advanced plan is $399; if you choose to pay monthly, the cost is $399.

Shopify Plus: typically costs $2,000

Unlike the prior Shopify pricing tiers that were discussed, this plan is primarily geared toward owners of large businesses. Shopify Plus is unmatched in its field.

The enterprise-grade option known as “Shopify Plus” essentially has all the features of the “additional Shopify” plan plus extras like fulfillment, security, automation, multi-currency selling, checkout customization, and APIs. 

Shopify Plus allows brands to manage up to 10 stores from a single account, which is ideal for businesses that need several storefronts for different product lines.

Shopify Apps

Shopify apps such as Xero, Amazon, MailChimp, and others can be integrated for various business operations or services. Online businesses can use these apps to handle their Shopify sites’ payments, shipping, inventory, and other procedures. 

Shopify apps and integrations can be somewhat pricey, despite their great utility. This is because most of them—at least the helpful ones—typically impose a monthly subscription cost or levy a recurring price.

So, before you start building your Shopify store, do some research and make a list of all the apps that can help your business. Next, add up all the expenses related to using the applications you selected.

The Project Size and its Complexity

One important factor influencing Shopify development costs is complexity. Naturally, the total cost to design a Shopify website will be significantly higher for a large store with multiple pages and advanced features than for a simple website.

You may need to set aside money for the following costs, depending on the scope and difficulty of the project.

Customized Small-scale Online Store

This type of store is comparable. It has a few pages and a few basic functionalities. A Shopify developer will add some essential functionality to enhance the user experience and change the theme’s code to match your requirements. In general, developer fees are between $1,500 and $2,000 per project.

A Mid-Sized Digital Retailer

The price of developing a medium-sized online store using Shopify. The amount depends on how many pages, features, interactive options, and unique design elements you need for your website. The typical amount you should budget is between $2,500 and $5,000.

Customized Shopify Online Store  for Big Brands

A multi-page website featuring a unique brand style, excellent aesthetic elements, and a well-thought-out structure and navigation is an extended bespoke Shopify store. A large investment of time and resources is needed to build and test it correctly. You should budget between $7,000 and $35,000 to hire an expert Shopify website design company.

Transaction Charges

You will require a payment gateway to take payments on your Shopify website. The methods for it are as follows:

• Shopify Payments, the integrated payment gateway,
• payment gateway operated by a third party.

You will profit from using Shopify Payments since there are no transaction fees. However, in addition to your regular monthly price, Shopify will charge you transaction fees if you use a third-party payment processor. In the US, fees typically range from 2.4% to 2.9% of each transaction.

You will be responsible for paying both Shopify’s transaction fees and the fees of the third-party payment provider if you decide to utilize a third-party payment gateway.

There are just 23 countries where Shopify Payments is available; if your country is not among those, you will need to use a third-party payment gateway.

Takeaway

The most important thing to remember from all of this is that building a store involves expenses beyond Shopify monthly fees; you also need to account for expenses related to Shopify templates, credit card processing fees, apps, developers, etc.

And that’s only getting the shop ready! There will be expenses involved in promoting your goods. You’ll need to spend money on SEO, Google Ads, Facebook Ads, and other marketing campaigns to get your stuff in front of consumers.

Thus, you can have a great start in the market if you have the appropriate funding, a well-thought-out business plan, and professional help for Shopify website development services.