E-commerce platform Shopify has announced a significant increase in its pricing plans, affecting both new and current customers. The Basic plan, which previously cost $29 per month, will now be raised to $39 per month, representing a 34% increase. This means that sellers on the Basic plan will now be paying an extra $120 per year, bringing the total cost to $468 annually.
Furthermore, the Regular Shopify plan will see an increase from $79 to $105 per month and the Advanced plan from $299 to $399 per month. While Shopify does offer discounted rates for those who commit to annual plans, it’s important to note that these sellers are locked into the plan for 12 months.
Shopify addressed the decision to raise prices, stating that the company’s mission is to provide merchants with the best tools in commerce and that the pricing has remained largely unchanged for the past 12 years. They also emphasized the need to maintain and increase the value that Shopify provides to its customers.
However, the announcement was met with mixed reactions on social media, with many sellers expressing concern over the impact on their business and expense management in light of the ongoing inflation. It is important for sellers to re-evaluate their budget and see if the increase in fees is worth the services provided by the platform.