E-commerce Pricing Comparison For 2023

One of the significant factors that affect retailers’ decisions on the best e-commerce platforms for their businesses is pricing. Many people are still skeptical about the pricing of e-commerce platforms, however, that’s no longer the case in today’s world.

Following is the e-commerce pricing comparison of 5 leading e-commerce platforms so that you can make the right decision for your online presence. Read on to find out!

Shopify

This is definitely the market leader for SMB customers (small- and medium-sized businesses). Shopify offers a proven and fast way to get your business online. It enables users to run their e-commerce websites according to Shopify’s templates and structures.

Below is the e-commerce pricing for Shopify users:

• Shopify Lite: $9/month. The version only allows you to add e-commerce on a social media platform or existing website.
• Basic Shopify: $29/month. This plan has all the basic features for starting a new business, from unlimited products, staff accounts, and abandoned cart recovery to professional business reports.
• Shopify: $79/month. If you want to grow your store, this package has every you will need.
• Advanced Shopify: $299/month. All advanced features for scaling your business are included in this plan.
• Shopify Plus: custom pricing

There are also gateway fees, ranging from 2.15-3% + $.30 per transaction.

If you are using Shopify and your Shopify store isn’t able to cater to your business as you wish, you might consider migrating from Shopify to WooCommerce. WooCommerce is considered one of the best alternatives to Shopify by offering customization and has a wide range of apps and extensions available to expand your store in the market.

Magento

Regarding the best e-commerce platforms, we cannot forget Magento. The platform provides retailers with a great digital commerce solution to sell online successfully. While you can choose from cloud-based, on-site, or third-party hosting and benefit from its feature-rich options, Magento can be quite expensive. 

Magento is an open-source platform that is free to download and use. However, you must pay extra costs to build a proper online store, such as fees for apps and extensions. Magento pricing comes with 2 plans:

• Magento Open Source: free of charge
• Magento Commerce: custom pricing

Magento Open Source users can access a wide range of extensions and themes. Furthermore, they will be able to extend and configure the platform freely. According to Magento partners, building a basic site can cost up to $25,000. As for custom sites, a few extensions can cost over $100,000 per year, depending on business needs.

BigCommerce

This is an out-of-the-box e-commerce solution that supports a variety of functionality and business needs. BigCommerce positions itself as an e-commerce solution for high volume businesses. With its unique features, BigCommerce is undoubtedly among the most prominent players in the area.

BigCommerce pricing plans are as follows:

• Standard: $ 29.95/month
• Plus: 79.95/month
• Pro: $299.95/month
• Enterprise: custom pricing

E-commerce pricing for BigCommerce represents their upfront license fee. This means you will have all the features needed to get a primary store up and running. With BigCommerce Enterprise, all the core features are offered, along with some premium ones, including security, hosting, and support.

WooCommerce

WooCommerce is an open-source e-commerce solution built to help you turn your WordPress site into an e-commerce one. The platform is designed for businesses of all sizes. Thanks to its incredible features, WooCommerce has risen to be one of the most popular e-commerce solutions worldwide.

The platform doesn’t charge a setup fee or monthly subscription fee but there will be other costs. You will have to pay for hosting account, domain name, SSL certification, and any customization development. The e-commerce cost for WooCommerce is around $110 to $1500+ depending on your site’s size and needs.

Commercetools

Commercetools is a headless commerce platform for next-generation B2C and B2B commerce. This solution is the best for industries managing sales channels using built-in PIM, such as retail, fashion, wholesales, electronics, etc.

Below are some of the information from customers that have been proposed by commercetools since their e-commerce pricing is quite hidden:

• License fees: $200,000 – $500,000/year
• Implementation: $300,000 – $1,000,000
• Specialized resources: $150,000/year

On a final note

No matter your industry, you can still afford to bring your products online. We hope that this article gives you a great overview of e-commerce pricing comparison in today’s market. Make sure to choose the one that serves you the best in growing your business!

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