If you are planning to start an online store in the UK, there are many out there, just like you, who want to make the most of the e-commerce trend that isn’t fading away anytime soon. In fact, it’s drawing more and more British entrepreneurs towards platforms like Shopify as their launch pad. But with multiple Shopify plans in the UK, you might wonder which one suits your budding project the best. That’s what we are exploring today – Shopify plans in the UK that will arm you with all the features and tools to accelerate your business growth.
Shopify Plans in the UK: Breaking Down the Pricing
Shopify provides various pricing options designed for the varying requirements of online businesses in the UK. Below, we’ll have a close look at all of the Shopify plans in the UK and help you select the one that perfectly aligns with your company’s goals.
1. Basic Shopify Plan
Cost: £19 GBP/month (billed annually)
Ideal for: Solo entrepreneurs just starting their e-commerce journey
Transaction Fees
– Online: 2% + 25p GBP
– In-person: 1.7% + 0p GBP
– Third-party payment providers: 2%
Key Features
– 10 inventory locations
– 24/7 chat support
– Localised global selling across three markets
– POS Lite included
The Basic plan is perfect for newcomers to e-commerce. It provides essential features to get your online store up and running without breaking the bank.
2. Shopify Plan
Cost: £49 GBP/month (billed annually)
Ideal for: Small teams looking to grow their online presence
Transaction Fees
– Online: 1.7% + 25p GBP
– In-person: 1.6% + 0p GBP
– Third-party payment providers: 1%
Key Features
– All Basic plan features
– 5 additional staff accounts
– Lower transaction fees
The Shopify plan offers a good balance of features and cost, making it suitable for businesses ready to scale up from the Basic plan.
3. Advanced Shopify Plan
Cost: £259 GBP/month (billed annually)
Ideal for: Growing businesses with increasing sales volume
Transaction Fees
– Online: 1.5% + 25p GBP
– In-person: 1.5% + 0p GBP
– Third-party payment providers: 0.6%
Key Features
– Custom reports and analytics
– Enhanced 24/7 chat support
– Option to add markets for $59 USD/month each
– 15 additional staff accounts
– 10x checkout capacity
The Advanced plan is designed for businesses experiencing rapid growth. It offers more advanced features and the lowest transaction fees among the standard plans.
4. Shopify Plus
Cost: Starting at $2,300 USD/month (on a 3-year term)
Ideal for: Large, complex businesses with high sales volumes
Transaction Fees: Competitive rates for high-volume merchants
Key Features
– 200 inventory locations
– Priority 24/7 phone support
– Localised global selling across 50 markets
– Unlimited staff accounts
– Fully customisable checkout with 40x capacity
– 200 retail locations now equipped with Shopify Payments for seamless transactions
– B2B and wholesale selling capabilities
Shopify Plus is the highest level plan, providing features suited for large businesses. Ideal for companies that find the Advanced plan limiting, it offers enhanced functionalities.
Different Shopify plans in the UK have varying features. The higher the tier, the more benefits you get, and your transaction fees also drop. Keep in mind your business’s size and future growth when choosing a plan. Also, consider individual needs like staff accounts, inventory locations, and global selling capabilities. Starting with a base-level plan and moving up as you expand is the ideal way to go about growing your business.
Choosing the Right Shopify Plans in the UK for Your Business
When you compare the Shopify plans in the UK, you must consider more than just the costs. You need a plan that will meet your current needs and your plans for future growth and expansion. For that, you will require some specific features. Here’s how to navigate the decision-making process:
Assess Your Business Stage
– New Starter: If you’re just launching your e-commerce venture, the Basic plan might be all you need. It offers essential features without overwhelming you with extras you may not use yet.
– Growing Business: When looking to expand your business, the Shopify plan offers a good balance of features and cost.
– Scaling Up: If your sales are taking off quickly or you are looking to expand, the extra features of the Advanced plan and its lower transaction fees could come in handy.
– Enterprise Level: Large firms that need more complicated solutions should look at Shopify Plus for its broad customising options and support.
Consider Your Sales Volume
Look at your current or projected monthly sales. Top-level Shopify plans in the UK provide fewer transaction costs, saving you more as your sales grow. Run the numbers to understand if going up a level could be a smart money move.
Evaluate Feature Requirements
– Staff Accounts: If you need to provide access to multiple team members, consider plans that offer additional staff accounts.
– Reporting: For in-depth analytics and custom reports, you’ll want to look at the Advanced plan or higher.
– Inventory Locations: If you manage stock across multiple locations, ensure your chosen plan can accommodate this.
– Global Selling: Consider how many markets you plan to sell in and choose a plan that supports your international ambitions.
Factor in Growth Plans
Don’t just choose for your current needs—think about where your business will be in 6-12 months. It’s often easier to start with a plan that allows room for growth rather than constantly upgrading.
Calculate Total Costs
Remember to factor in transaction fees alongside the monthly subscription cost. For high-volume sellers, a higher monthly fee might be offset by lower per-transaction costs.
Take Advantage of Free Trials
Shopify often offers free trials. Use this opportunity to test drive different plans and see which features you actually use and benefit from.
Consider Seasonal Fluctuations
Does your business experience big seasonal spikes? You might find value in a high-level plan during peak times and a low-level plan in less hectic ones.
Seek Advice
Don’t hesitate to reach out to Shopify’s support team or consult with other e-commerce entrepreneurs. They can guide you with their key insights to make the right decision.
Remember, the goal is to go for a plan that backs up your operations without draining your budget. Kick-off with a plan that fits your current needs. You can always upgrade to more premium Shopify plans in the UK as your venture grows and evolves.
Conclusion
If you are just getting started with your online business, then make sure to analyse your needs and requirements properly. This will help you pick the right option when you go about exploring the Shopify plans in the UK. Consider your business needs, your initial budget, and future growth plans. There’s no need to choose a pricey plan off the bat. Start affordable and move up as you see growth. The Shopify plans in the UK offer strong features, gearing you up for success.
For more such updates on Shopify price plans in the UK, visit Thesinstyle.
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