Shopify India Pricing 2024: All Costs and Fees Explained
You are a business owner, and you are wondering which Shopify Plan is best for you. This blog post will explore the Shopify India Pricing Plan, provide a detailed overview of the costs involved, and give a recommendation for the perfect Shopify pricing choice for your store.
Why Should Open a Shopify Store in India?
Opening a Shopify store in India presents numerous opportunities for entrepreneurs and businesses seeking a large and rapidly growing e-commerce market. Here are several compelling reasons to consider launching a Shopify store in India:
Capitalize on a Booming Market
Opening a Shopify store in India is a smart choice for entrepreneurs, given the country’s rapidly growing e-commerce sector. The impressive growth of Shopify in India highlights the vast opportunities available; according to Storeleads.app reports, in the first quarter of 2024, Shopify stores saw an 11.5% increase from the previous quarter and a remarkable 55% growth year-over-year.
This growth reflects broader trends in India, driven by increasing internet usage, a young population, and better digital skills. Together, these factors create a booming market for online shopping, making it the perfect time to launch a Shopify store and capitalize on this growth.
Mobile Optimization: Reach Customers Anywhere, Anytime
Mobile commerce is rapidly growing in India, with most consumers prefer shopping online using their mobile devices. According to CNBC reports, 70% of Indians use mobile devices for online shopping due to the speed, convenience, and ability to access from anywhere.
With Shopify, your online store will display on any device, whether a desktop, tablet, or smartphone, providing a seamless user shopping experience. Moreover, Shopify offers a mobile-optimized checkout experience, reducing the time customers take to complete purchases and minimizing the likelihood of cart abandonment due to a cumbersome checkout process.
The platform also includes a suite of mobile apps that enable Indian store owners to manage their business on the go. From updating product listings to processing orders to engaging with customers, these tools make it possible for Indian merchants to keep their business operational and responsive to customer needs from anywhere at any time.
Join a Community of Successful Merchants
When selling on Shopify in the Indian market, the Shopify Community is an ecosystem of merchants, business owners, and entrepreneurs supporting you. You can connect with other successful merchants operating successful Shopify online stores across India and the world. This allows you to share insights, learn best practices, access support, and potentially collaborate with other merchants on future projects.
Especially for new Indian store owners, the “Feedback on my Store” is a valuable resource for getting feedback from fellows to optimize your Shopify experience.
This community is not just about connection but also about collaboration and growth, making it an ideal place for any merchant looking to succeed in the Indian competitive online marketplace.
Simplify Payments with Localized Options
Shopify supports many local payment gateways in India, simplifying the merchant and customer checkout process. These payment options include traditional methods such as Credit & debit cards and Cash on Delivery (COD). Additionally, it integrates with digital and mobile-first payment solutions like Netbanking, mobile wallets, and Bank transfers, catering to the diverse preferences of Indian consumers.
For modern digital transactions, Shopify supports the Unified Payments Interface (UPI) and Equated Monthly Installments (EMIs), which are crucial for quick transfers and installment payments. Furthermore, international payment solutions like BitPay, Stripe, and PayPal are available, enabling Indian businesses to receive local and global payments.
Shopify Price in India: What Costs to Expect?
Starting an e-commerce business in India with Shopify involves various costs to consider. These include
- Monthly Subscriptions.
- Transaction Fees.
- Payment Gateway Charges.
- App Costs.
- Website Design and Development.
- Domain Name and Hosting.
- Taxes and Legal Compliance.
It’s essential to note that these costs may differ based on your business size, sales volume, and specific needs. This means you can flexibly select services and features that align with your business requirements.
Shopify Pricing in India: Is There a Free Trial?
Yes, Indian users can explore a free trial offered by Shopify. Here are the main features of the free trial available to these users:
- Free Trial: Start with Shopify’s 3-day free trial.
- No Credit Card Required: You can explore Shopify without a credit card during this trial, making it hassle-free.
- Subsequent Pricing: After the free trial plan, you can choose a paid plan. Additionally, there’s a special offer: the first first month for just ₹20/month, ensuring a cost-effective transition to a paid plan.
Shopify Pricing Plans in India: Our Details
Shopify offers a range of pricing plans to cater to businesses of different sizes and requirements. Below are the available pricing plans in India:
Shopify Starter
The Shopify Starter plan provides an affordable entry point for individuals and small businesses looking to establish an online presence starting at ₹399 per month.
Here is an overview of the Starter plan:
- Sell on social media: Shopify Starter allows sellers to sell products directly on social media platforms like Facebook.
- Buy Button: Merchants can sell on their existing website or blog by embedding the Shopify Buy Button, allowing for secure payments on any website.
- Customer Chat: This feature lets sellers chat in real time with customers, answer questions, and increase sales through improved customer service.
- Custom invoices: Create and send custom invoices to customers, allowing them to pay through Shopify’s secure payment gateway.
- Global reach: Sellers have the potential to reach a global audience by showcasing and selling their products on social media.
- Shopify POS Starter: Merchants can securely accept in-person payments using the Shopify POS (Point of Sale) Starter app.
Overall, the Starter plan is tailored for newcomers to ecommerce or those with a limited budget seeking a cost-effective way to start online selling, particularly on social media platforms.
Shopify Basic
The Shopify Basic plan provides a comprehensive feature set at an affordable price. In India, pricing for the Basic plan starts at ₹1994 per month.
Here is an overview of the plan:
- Inventory locations: Track up to 1,000 inventory, fulfill orders, and sell products across multiple locations, including retail stores, warehouses, pop-ups, and more.
- Unlimited Products: Shopify Basic offers the leverage to list unlimited products for developing and expanding business.
- Sales channels: Omnichannel selling is supported via various sales channels such as online stores, Facebook, Instagram, and other online marketplaces, thus expanding sales and reaching consumers.
- Basic reports: The plan provides access to basic reporting tools, helping merchants monitor and analyze your store’s performance, track sales, and gain insights into customer behavior.
The Shopify Basic plan is ideal for solo entrepreneurs, small to medium businesses seeking competitive pricing, essential features, and a shipping discount.
Shopify
The Shopify plan, which costs ₹7.447 per month, is tailored for small businesses elevate their online presence and operations.
- All the features of the basic plan: The Shopify plan includes all the features of the basic plan, ensuring a seamless transition for businesses upgrading to this level.
- Additional staff accounts: The Shopify plan provides five additional staff to assist your store management.
- Online store: You can easily make an online store, customize it, and manage it from your Shopify account.
- International commerce: Basic Plan Shopify supports your international growth with Shopify Markets, a global ecommerce tool to help store owners set up, optimize, and start selling to international markets from a single Shopify store.
The Shopify plan is ideal for small teams and businesses aiming for further online growth. Designed for those seeing increased traffic and sales, it offers advanced tools for basic analytics and customer engagement.
Shopify Advanced
The Shopify Advanced plan is designed for businesses that require advanced features and capabilities to support their growing online operations. In India, pricing for the Advanced plan starts at ₹30,164 per month.
- All the features of the Standard plan: Shopify Advanced includes all the features available in the Shopify plan, ensuring merchants moving to this level have continued access to previous functionalities.
- Custom Report & Analytics: This feature empowers merchants to create custom reports, providing a more detailed analysis of their business performance and customer behavior.
- Third-party calculated shipping rates: This advanced feature enables accurate shipping cost calculations from third-party shipping services at 0.6%, allowing for seamless integration of shipping providers outside.
- Up to 15 staff accounts: With more staff accounts, larger teams can effectively manage different aspects of their online store.
- Duties and import taxes: This feature allows duties and import taxes to be estimated and collected at checkout to provide customers with a clear total cost and reduce the risk of parcel returns and rejections.
The Shopify Advanced plan is specifically designed for medium and large businesses that are scaling up and require more advanced reporting capabilities, increased staff accounts, and shipping features to manage their online stores.
Shopify Plus
Shopify Plus is a premium product with customized pricing, starting around ₹175,000 per month for businesses to excel in e-commerce.
Here is a comprehensive list of features and benefits:
- Robust marketing ROI: Uses Shopify’s data network, store owners can expand and capture customer base with smarter analytics and tools
- Robust Infrastructure: Handles high traffic, large catalogs, and transaction volumes, ensuring stability during peak sales.
- Dedicated Support: Account managers assist with store optimization and troubleshooting.
- Automation: Shopify Flow and Script Editor allow for tailored operational processes.
- Exclusive APIs: Facilitate advanced integration and customization.
- Custom Checkouts: Enhance brand identity and customer satisfaction.
- Omnichannel: Expands sales across multiple platforms and markets.
- International Tools: Facilitate global sales with currency conversion, translation, and localized marketing.
- Wholesale Channels: Enables tiered pricing for wholesale buyers.
- Launchpad: Schedules sales, product launches, and inventory replenishment.
- Transporter: Speeds up store data migration to Shopify Plus.
- User Permissions: Offers granular control over account access.
- Advanced Security: Ensures data protection and regulatory compliance.
- Reliability: Maintains operations during high-traffic events like Black Friday.
- Automation Workflows: Customizable workflows to streamline operations.
- Headless Commerce: Manages custom storefronts across channels from one backend.
- Priority Support & Success Manager: Immediate assistance and store optimization guidance.
- Shopify Plus Academy: Exclusive resources for platform mastery.
- ERP Integration: Connects seamlessly with major ERP and CRM systems.
- Exclusive Community: Connect with other Shopify Plus merchants for insights.
- Performance Dashboard: Monitor real-time store metrics and customer behaviors.
Shopify Plus is ideal for large enterprises and high-volume sellers, providing superior performance and customization and delivering seamless customer experience via multiple channels.
>>Watch more: Shopify Pricing in New Zealand NZ 2024
Shopify Credit Card Fees for Indian Merchants
Credit card fees are crucial for merchants in India, varying based on the pricing plan chosen.
Credit Card Fees:
The credit card processing fees for Shopify in India are tiered based on the plan you choose. Here’s a breakdown:
- Shopify Starter: The online credit card fee is 2.9% plus around INR 24 per transaction.
- Shopify Basic: The fee is also 2.9% plus around INR 24 per transaction.
- Shopify: The fee is reduced to 2.6% plus around INR 24 per transaction.
- Shopify Advanced: The fee is further reduced to 2.4% plus around INR 24 per transaction.
Additional Transaction Fees:
If you don’t use Shopify Payments and choose an external payment gateway, you’ll incur additional transaction fees. For basic Shopify plans, the transaction fee is 2.0% + ₹3 per transaction. Shopify plan transaction fee is 1.0% + ₹3 per transaction, and Shopify Advanced is 0.5% + ₹3 per transaction. For Shopify Plus plans, transaction fees are negotiable with Shopify.
Assessment fees from credit card companies:
These typically range from 0.13% to 0.15% of the purchase price, depending on the credit card company.
Credit Card Fees on Global Comparison:
The credit card fees are similar to the fees charged globally, which are around 2.9% plus 30 cents per transaction for the Basic Shopify Plan, and it decrease as the plans get more advanced: 2.6% plus 30 cents for the Shopify Plan and 2.4% plus 30 cents for the Advanced Shopify Plan.
Are There Any Extra Costs Associated With Launching A Shopify Store in India?
Launching a Shopify store in India or South Africa is a straightforward process, but like with any other e-commerce platform, certain costs might not be apparent at first glance. Now, let’s delve into these extra costs under various categories:
Domain Name
Acquiring a domain name is one of the first steps in setting up your online store. While Shopify provides a free myshopify.com domain, most businesses opt for a custom domain to maintain a professional appearance and brand consistency.
Cost: A custom domain name typically costs between ₹600 to ₹3,000 per year, depending on the domain registrar and your domain extension. Prices can go higher for premium or highly sought-after domain names.
Hosting
Shopify handles hosting for all its stores, which is included in the monthly plan fee. However, the costs can rise if you require additional bandwidth or storage due to high traffic or large media files.
Cost: The hosting cost in Pakistan is embedded in your monthly Shopify plan, but if you exceed the allocated resources, you may need to upgrade your plan or incur additional charges.
Apps
Shopify has a vast ecosystem of apps that can extend the functionality of your store. While some apps are free, others require a one-time payment or a recurring subscription.
Cost: App costs can range from free to over ₹7,000 per month, depending on the app’s complexity and the value it adds to your store.
Themes
The visual appeal of your store plays a pivotal role in drawing and sustaining clientele. While Shopify provides free themes, acquiring a unique or premium look may necessitate investing in a premium theme.
Cost: Premium themes can range from around ₹6,500 to over ₹20,000, which is a one-time cost. Custom theme development can cost significantly more, depending on the developer’s rates.
Shipping & Discounts
While shipping costs and discounts might not be hidden, they influence your profits and should be accounted for in your pricing approach.
There are different apps that help merchants manage their shipping and fulfillment. One such app is Shiprocket, which lets you buy shipping labels from various couriers like FedEx, BlueDart, Delhivery, DHL, Gati, and others.
Moreover, Shyplote is another app offering shipping solutions, while SMS Alerts India lets you notify customers about their shipments.
Cost: Shipping costs vary based on the courier service, distance, and package size.
Point of Sale (POS)
You’ll need a POS system if you plan to sell in-person and online. Shopify offers its own POS hardware and software, which comes with additional costs.
Cost: The cost of Shopify’s POS hardware varies, and there’s also a monthly fee for the POS Pro software, which is ₹7,000 per month per location.
Which Plan You Should Choose When Launching A Shopify Store?
Choosing the right plan is essential, given your business’s size, sales, and growth ambitions. It’s vital to align your needs and budget with the correct plan. Many businesses prefer the Shopify Plan.
In India, this plan costs ₹7,447/month and offers a good balance of cost and features. You get a storefront, sales channel integration, and round-the-clock support. Plus, it includes advanced features like professional reports and gift cards.
If you need more, transitioning to the Shopify Advanced from the Shopify Plan is seamless. This ensures business continuity. The continuous support and detailed reporting help tackle issues and make informed decisions.
Shopify Price India vs Global Pricing: A Detailed Comparison
Let’s take a quick look at how the prices stack up between India, the UK, Australia, Pakistan, South Africa, and the USA in several factors like Shopify pricing plan, transaction fees, Shopify payments, taxation, and credit cards.
Features / Region | India | UK | USA | Australia | |
Subscription fee (paid monthly) | Basic Plan | ₹1,994 | 25 GBP | $39 | 56 AUD |
Shopify Plan | ₹7,447 | 65 GBP | $105 | 149 AUD | |
Advanced Plan | ₹30,164 | 344 GBP | $399 | 575 AUD | |
Credit cards | Online | 2.6% + ₹24- 2.9% + ₹24 | 2% + 25p GBP – 1.5% + 25p GBP | 2.5% + 30¢ USD – 2.9% + 30¢ USD | 1.4% + 30¢ AUD – 1.75% + 30¢ AUD |
In Person | 0.5% + ₹3 – 2.0% + ₹3 | 1.5% + 0p GBP – 1.7% + 0p GBP | 2.4% + 10¢ USD – 2.6% + 10¢ USD | 1.75% + 0¢ AUD – 1.95% + 0¢ AUD | |
Transaction Fees | Shopify Payments | Not support | Free | Free | Free |
Third-party | 0.6% – 2.0% | 0.6% – 2.0% | 0.5% – 2.0% | 0.6% – 2.0% | |
Taxation | GST applicable | VAT applicable | Sales tax applicable | GST applicable |
There are several compelling reasons why merchants should consider investing in the Indian market:
- Lower Subscription Fees: The subscription fees for Shopify plans in India are relatively lower compared to the US, UK, and Australia. For instance, the Advanced Plan in India costs ₹30,164, which is significantly less than its equivalent in the US ($399), UK (344 GBP), and Australia (575 AUD). This lower cost of entry makes India an attractive market for new and expanding businesses.
- Competitive Transaction Fees: Although Shopify Payments is not available in India, merchants must use third-party payment processors. However, the transaction fees, which range from 0.6% to 2.0%, are competitive with those in other regions.
- Favorable Credit Card Processing Fees: Credit card processing fees in India are quite reasonable, both for online and in-person transactions. For instance, the highest online transaction fee is 2.6% + ₹24, which is either similar to or lower than rates in other regions. Additionally, lower in-person transaction fees offer advantages to merchants operating physical stores.
Shopify Price India: FAQs
Additionally, the Shopify Plus plan is available for enterprise-level businesses with custom pricing. So, it’s essential to consider your business requirements and choose a plan that aligns with your budget and goals.
In contrast, the Advanced plan suits businesses with high-volume sales and advanced requirements. So, assess your needs, budget, and growth potential to determine the most suitable plan for your business.
Conclusion: Shopify Pricing in India
Shopify Pricing in India offers a flexible range of plans catering to different business sizes and needs, making it a viable option for those looking to enter the e-commerce arena.