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Shopify Pricing in India: Is it worth the experience?
The Indian e-commerce landscape is booming, with more businesses seeking to establish an online presence. Shopify has emerged the popular choice for most Indian entrepreneurs, but is the pricing of their plans justified for an Indian market?
Through this blog Mayday Internet hopes to educate you about everything Shopify can do for you and how much it can cost you. We’ll talk about Shopify pricing from an Indian perspective, and invite you to dive into the world where your entrepreneurial dreams meet your wallet’s reality.
The Great Indian E-commerce Dream
If you’re reading this, then you have almost made up your mind to jump into the world of ecommerce. The only thing that is probably stopping you is the thought of the financial capital required to green light the project. For those of you in the cusp of deciding to take the plunge, know that Shopify’s got plans that can be applied to a spectrum of budgets with the help of shopify development Company
The Basic Plan: The Starter Pack
@ USD: $29/month (INR: ₹2,400/month approximately)
This is the best for small businesses who are just starting out, wanting to test out the waters of the ecommerce world without huge investments. First time entrepreneurs, small businesses who are moving from the social media selling platform to setting up an ecommerce store, businesses with a limited inventory (less than 500 products), businesses with a small team or solo entrepreneurs will benefit from choosing this plan.
As part of this plan you get:
An online store with blog and website features, unlimited product listings, 24/7 customer Support, secure checkout, up to 4 inventory locations, abandoned cart recovery and manual order creation. You are limited to only 2 staff accounts, basic reports and up to 4 inventory locations. There is also a 2% fee charged by Shopify on every transaction.
Shopify Plan: The Middle-tiered Plan
@ USD: $79/month ( INR: ₹6,500/month approximately)
This plan is ideal for businesses that have a proven concept, have steady sales volume and looking at something between 2 to 20 lakhs INR in monthly revenue and business that need a large team collaboration.
With this plan you get, 5 staff accounts, better analytics with professional reporting, customer behaviour analysis and inventory forecasting. You get up to 5 inventory locations, enhanced shipping rate calculations with more shipping label options. The transaction fee charged by Shopify is only 1% in this plan. It comes with additional features such as better SEO tools, social media integration and advanced marketing automation when compared to the Basic plan. When to comes to targeting international audience, you can get multiple currency support, international domain registration and improved international shipping option.
Advanced Plan: The Premium Plan
@ USD: $299/month (INR: ₹24,700/month approximately)
This plan is ideal for high-volume businesses and enterprises (more than 20 lakhs INR in monthly revenue), businesses with multiple locations or complex operations, companies with large teams, businesses that require advanced automation and reporting and or businesses with international presence.
You get enhanced staff management privileges such as 15 staff accounts, sophisticated collaboration and staff permission tools. The advanced analytics tools included in this plan can provide insights into customer behaviour, forecast the sales trend and analyse real-time data to read into the trends. You can get up to 8 inventory locations, 3rd party shipping facilities with better carrier integration and international shipping optimisation. This is the plan with better financial terms: lowest credit card rates and lowest transaction fees of 0.5% for every transaction. In India, payments through Shopify Payments are not possible and therefore there is no way to avoid the transaction fees.
Migrating to Shopify from your current platform:
If you are looking at moving from an existing ecommerce store to Shopify be assured that it is generally a straightforward process, but the complexity of the process depends on the current platform being used and the data volume. Shopify provides built-in migration tools from other popular platforms like WooCommerce etc., and you can automatically transfer your products, customers, and order history.
The main appeal of migrating to Shopify lies in its user-friendly interface, robust security features, and extensive app ecosystem that can enhance your store’s functionality. You wouldn’t need to worry about technical maintenance or security updates, as Shopify is well-equipped to handle these automatically. The platform also offers reliable hosting, mobile-responsive themes, and integrated payment solutions. However, there is some manual work that is required in optimizing your product descriptions, reorganizing collections, and possibly adjusting your URL structure to maintain SEO value. The entire migration process typically takes anywhere from a few days to a couple of weeks, depending on your store’s size and customization needs.
All the plans mentioned above come with SSL certification, you can add unlimited products and with 24/7 customer support. Remember choosing a Shopify plan is like picking a mobile plan – you need to match your usage with your budget. Start small, test the waters, and upgrade as and when your business starts growing.
*P.S.: All prices mentioned are exclusive of GST*
