In the ever-evolving world of e-commerce, Shopify has consistently proven itself as a dominant force by continuously improving its platform to better serve its user base. However, the recent announcement of a price increase for Shopify Plus has sparked extensive discussions among merchants and industry experts alike. In this article, we will take a look at the implications of this change and explore what it means for Shopify users.
In a recent email to Shopify Plus merchants, it was shared that there will be a 25% price hike on Plus plans. Therefore, increasing the price from $2,000 to $2,500 per month. Ouch.
There was also an additional offer shared with merchants for the chance to lock into a three-year deal before April 24 to receive the discounted price of $2,300/month.
These changes will affect new merchants that sign up for Shopify immediately while existing merchants will see the new pricing take effect three months from the announcement.
But wait, there are more fee increases. In addition to the Shopify Plus price changes, Shopify has adjusted its transaction fee from 0.15% to 0.2%. This seemingly minor increase can have a significant financial impact for businesses processing large volumes of sales.
In light of these changes, Shopify merchants are encouraged to see what else is out there and see how they stack up against critical factors like:
As the e-commerce platform landscape continues to evolve, it’s more crucial than ever for merchants to make informed decisions about their platform choices. With the recent pricing and fee changes by Shopify, now is an opportune time for businesses to explore other alternatives out there.
This examination of the Shopify Plus platform fee increase underscores the importance of regularly reassessing your e-commerce platform choice. It reminds us all that while change is inevitable, it also brings opportunities, paving the way for better, more cost-effective solutions in the e-commerce landscape.