Shopify UK Fees Calculator: Know Your Total Costs Before You Sell

Running an online store is an exciting journey, but let’s be honest—it can be a bit of a balancing act, especially when it comes to managing costs. If you’re a UK-based Shopify merchant, you’ve likely realized that understanding Shopify’s fees is crucial to your store’s success. But don't worry, we've got you covered! In this blog post, we'll dive into the benefits of using a Shopify UK Fees Calculator to get a clear picture of your costs before you even make that first sale. So, let's get started now!

Estimated Shopify Pricing In The UK With Shopify Payments

Volume of sales	Plan(monthly subscription)	Payment methods	Primary costs	Additional costs	TOTAL
Value of each sale: £10 Number of sales: 50	Basic	Shopify Payments 2% + £0.25 credit card fees	37.70	Domain: £12 (averaged annual cost / 12 months) Using 2 Paid Apps: £20 (estimated average per app) No Premium Theme: £0 Shopify POS Lite: Free	69.70
		Paypal 2.99% + £30 Paypal transaction fee 2% Shopify transaction fees	40.50		72.50
	Shopify	Shopify Payments 1.7% + £0.25 credit card fees	77.67		109.67
		Paypal 2.99% + £30 Paypal transaction fee 1% Shopify transaction fees	80.40		112.40
	Advanced	Shopify Payments 1.5% + £0.25 credit card fees	356.65		388.65
		Paypal 2.99% + £30 Paypal transaction fee 0.5% Shopify transaction fees	359.35		391.38
Value of each sale: £10 Number of sales: 200	Basic	Shopify Payments	75.20	Domain: £12 (averaged annual cost / 12 months) Using 5 Paid Apps: £50 (estimated average per app) One-time Premium Theme: £130 Shopify POS Pro for 1 location: £69	336.20
		Paypal	85.50		346.50
	Shopify	Shopify Payments	115.17		376.17
		Paypal	125.40		386.40
	Advanced	Shopify Payments	394.15		655.15
		Paypal	404.35		665.35
Value of each sale: £10 Number of sales: 1000	Basic	Shopify Payments	275.20	Domain: £12 (averaged annual cost / 12 months) Using 5 Paid Apps: £50 (estimated average per app) One-time Premium Theme: £315 Shopify POS Pro 5 location: £345	997.20
		Paypal	325.50		1047.50
	Shopify	Shopify Payments	315.17		1037.17
		Paypal	325.50		1047.50
	Advanced	Shopify Payments	594.15		1316.15
		Paypal	644.35		1366.35

How To Use The Shopify UK Pricing Calculator?

Navigating through Shopify’s UK Pricing Calculator is as effortless as managing your online store. Here’s a detailed breakdown to guide you through the process seamlessly:

• Step 1: Choose Your Calculation Period: Begin by selecting whether you want to calculate your fees on a monthly or yearly basis. This choice lays the foundation for your transparent financial analysis.
• Step 2: Specify Your Payment Methods: Indicate the payment gateways you are utilizing. Simply select all the methods applicable to your business model, ensuring accurate calculations tailored to your preferences.
• Step 3: Enter External Payment Gateway Fees: If you opt for a payment gateway other than Shopify Payments or PayPal, input the percentage fee and the fixed transaction fee they charge. No need for the ‘%’ symbol, just enter the numerical values. This precision ensures a precise estimation of your costs.
• Step 4: Provide Sales Data: Enter the total value of your sales and the number of sales you anticipate or have achieved. These figures form the basis for calculating your fees, enabling the calculator to offer tailored insights into your expenditure.
• Step 5: View Your Detailed Fee Breakdown: Scroll down to witness a comprehensive breakdown of the fees associated with your chosen plan. Gain insights into transaction costs, payment gateway fees, and other expenses relevant to your sales volume. 

Shopify Fees In The UK

Here are essential details about Shopify fees UK calculator, offering valuable insights for your online business success.

Primary Costs

Shopify transaction fees, subscription fees, and credit card rates are some primary costs you should not miss.

Subscription fees

Shopify UK offers a selection of five meticulously crafted subscription plans, each designed to address specific business needs and aspirations. Choosing an annual subscription not only ensures continuity but also leads to substantial savings, with a generous 25% discount available.

• Shopify Starter Plan (£5/month): Perfect for budding entrepreneurs and small businesses selling primarily through social media and messaging apps. This entry-level plan is a cost-effective way to kickstart your e-commerce journey.
• Shopify Basic Plan (£25/month or £19/month annually): Ideal for small online stores looking to grow. This plan includes essential tools to launch and expand your store, with a discount for annual billing.
• Shopify Standard Plan (£65/month or £49/month annually): The Standard Plan is designed for growing businesses and small to medium-sized enterprises looking for advanced features. It offers enhanced shipping options, marketing automation, and other tools essential for boosting online presence and sales.
• Shopify Advanced Plan (£344/month or £259/month annually): Best for international sellers and rapidly expanding businesses. This plan offers competitive credit card rates, advanced reporting, and tools for global commerce.
• Shopify Plus Plan (Custom pricing, starting at $2,000/month): Tailored for large enterprises and high-volume retailers. It offers customized solutions, multi-store management, POS integration, and advanced automation for maximum scalability and performance.

Transaction fees 

For payments made through renowned third-party providers like PayPal or Stripe, Shopify imposes an additional fee ranging from 0.5% to 2.0% on your total sales.

Opting for Shopify Payments can be a game-changer. By choosing Shopify’s native payment service, you not only bypass the additional fees imposed on third-party providers but also enjoy a seamless transaction experience. It’s a smart choice for businesses looking to save on extra costs while ensuring smooth and secure online payments.

Credit card rates

Basic plan:

• 2% + £0.25 for online transactions
• 1.7% + £0.00 for in-person transactions. 

Shopify plan:

• 1.7% + £0.25 or online transactions
• 1.6% + £0.00 for in-person transactions.

Advanced plan:

• 1.5% + £0.25 for online transactions
• 1.5% + £0.00 for in-person transactions.

Additional Costs

Domain

Your online presence begins with your domain, a vital facet of your e-commerce venture. Shopify streamlines this process by offering domains directly, ensuring a hassle-free experience. These domains not only include a free SSL certificate for enhanced security but also guarantee consistent annual renewal rates, providing stability to your online identity.

The domain extension options are extensive, with prices starting at approximately £12. For those on a tight budget, Shopify provides a free subdomain option. However, it’s worth noting that while this option is cost-effective, it might not exude the same level of professionalism as a paid domain.

If you’re considering options beyond Shopify’s domain offerings, providers like GoDaddy and NameCheap are worth exploring. They often feature competitive prices, and seamlessly integrating their domains with Shopify is easily achievable. A brief market survey can help identify potential cost-saving opportunities, ensuring you find the perfect domain solution for your business needs.

Shopify Apps

Shopify’s extensive app store, housing over 8,000 apps, offers many tools catering to diverse business needs. These apps span from enhancing website design and automating tasks to integrating powerful marketing functionalities and incorporating specialized forms. 

Within this vast selection, you’ll find apps offering free versions or one-time purchase options, providing budget-friendly solutions for various requirements.

However, it’s essential to be aware that some apps operate on a subscription basis. The cost of these subscriptions varies significantly based on the functionality and the brand. While some plugins might be free, others could set you back by several hundred pounds monthly. 

Shopify Themes

In the Shopify Theme Store, a diverse selection of 164 themes awaits, all meticulously crafted to enhance your store’s functionality and aesthetic appeal. Out of these, 12 themes are available free of charge, offering budget-friendly options for those just starting out.

For those seeking more advanced and feature-rich designs, paid themes are available for a one-time fee. These themes, priced typically between $150 to $380, provide an extensive range of customization options. 

This flexibility not only allows you to stay within your budget but also ensures you can choose a design that perfectly aligns with your brand vision, enhancing your online store’s overall user experience and visual impact.

Shopify POS

Every Shopify package includes Shopify POS Lite, providing essential features for in-person selling.

For businesses needing advanced functionalities, upgrading to Shopify POS Pro is an option at an additional cost of £69/month per location. This upgrade encompasses all Lite features and introduces intelligent inventory control, staff management tools, enhanced selling features across multiple channels, and detailed in-store analytics.

While the core of your POS system can be your mobile device paired with a card reader, Shopify’s hardware offerings enhance the retail experience. You can buy hardware at the Shopify Hardware Store, starting at £49.

Email Marketing & SEO

Shopify in the UK offers integrated email marketing and SEO tools tailored to each subscription plan. These features are seamlessly embedded within the platform, with the sophistication of marketing tools increasing in alignment with the plan price. The higher your plan, the more robust your email marketing and SEO capabilities become. 

Importantly, these essential marketing features are included in your subscription fees, ensuring you have access to powerful marketing tools without incurring additional costs. This integration simplifies your marketing efforts, allowing you to focus on growing your online presence without worrying about extra expenses.

Shipping Fees And Discounts

In the UK, Shopify Shipping provides access to reliable carriers like Evri and DPD. Depending on your store’s subscription plan and the specific order, you can enjoy discounted shipping rates, making it more cost-effective to fulfill customer orders efficiently.

One significant advantage is that no taxes are charged on Shopify Shipping labels purchased within the UK. This not only simplifies the shipping process but also ensures transparency and clarity in your shipping costs. With these streamlined solutions, Shopify facilitates efficient and budget-friendly shipping for your online store, enhancing customer satisfaction and overall e-commerce experience.

Shopify Fees With Other Platforms In The UK

In the competitive landscape of e-commerce platforms in the UK, various options vie for attention, each with unique features and pricing structures.

Wix

One such contender is Wix, which boasts 5 plans catering to different business needs. Starting from £7.50/month, Wix offers cost-effective options. However, its limitations become apparent upon closer inspection. 

With restricted shipping options, basic cart systems, and limited payment gateways, it might not provide the comprehensive toolkit that ambitious online retailers seek, especially without global Point of Sale (POS) functionality.

WooCommerce

On the WordPress front, WooCommerce is an appealing choice due to its free-to-download nature. However, while the platform is free, costs escalate when factoring in quality hosting and domain names. 

Additional expenditures arise when integrating plugins and premium themes for enhanced functionality and aesthetics. Depending on the retailer’s needs, these costs can surpass those of a Shopify subscription, blurring the line between budget-friendly and high-end platforms.

BigCommerce

BigCommerce, another strong contender, mirrors Shopify’s pricing range closely, starting at around £30/month. One significant advantage it offers is the absence of transaction fees, making it attractive for businesses with substantial sales volumes. 

However, the platform reserves certain features, such as storing customer credit card details and abandoned cart recovery, for its higher-priced plans. Additionally, an automatic upgrade to a higher pricing tier based on annual sales might deter businesses from content with their current plan features.

Squarespace

Squarespace, while offering a streamlined experience and visually appealing designs, comes with its own set of intricacies. Pricing tiers, starting at $16/month, offer unlimited bandwidth but introduce a 3% transaction fee in the Business plan. 

Essential e-commerce features like point-of-sale capabilities and product reviews are available from the mid-tier package onwards, limiting options for smaller businesses. In comparison, Shopify’s adaptability shines through its extensive App Store, offering customization opportunities even on the Basic plan. 

Strategies to Minimize Shopify Fees For UK Merchants

Running a profitable Shopify store in the UK requires smart cost management. Here’s how to reduce fees and maximize profits:

• Select the Right Plan: Start with the Basic plan if you’re a small business. Upgrade to higher plans as needed to access lower transaction fees and advanced features. Align your plan with your business size to avoid unnecessary costs.
• Use Shopify Payments: Opt for Shopify’s integrated payment gateway to eliminate extra transaction fees. It supports all major UK cards, streamlining checkout while reducing costs.
• Compare Payment Gateways: If Shopify Payments isn’t an option, research alternatives like Stripe or PayPal. Compare fees, setup costs, and currency conversion charges to find the best fit.
• Optimize Inventory Management: Leverage Shopify’s tools to prevent overstocking and understocking. Efficient inventory management reduces storage costs and improves profitability.
• Cut Shipping Costs: Negotiate with carriers based on volume or use Shopify’s shipping solutions to compare rates. Implement free shipping thresholds to encourage larger orders.
• Be Selective with Apps: Only install apps that truly benefit your store. Review monthly fees and explore manual or custom solutions to avoid unnecessary expenses.
• Regularly Review Expenses: Continuously monitor transaction fees, app costs, and shipping rates. Adapt to new solutions to stay cost-efficient in a dynamic e-commerce environment.

>> See more: Top 10 Payment Gateways for Your Shopify Store.

In Conclusion

Our Shopify fees UK calculator equips you with the knowledge needed to navigate the realm of e-commerce expenses confidently. Stay informed, make informed decisions, and watch your UK-based Shopify store thrive with transparent financial management.

Shopify Fee Calculator UK: FAQs