The Real Cost of A Shopify Plus Online Store

The Philippines’ eCommerce industry was valued at 3 billion USD in 2019 and it is expected to triple in six years — forecasted to reach 12 billion USD in 2025.

eCommerce platforms like Lazada, Shopee, and Zalora have long dominated the online shopping sector

But for an enterprise to stand out and succeed in the digital space…

…they need to have their own fully-branded and fully-functional eCommerce website.

That said, business owners are hesitant to invest in this ESSENTIAL tool.

Why is that?

After talking to so many Philippine MSMEs, we’ve uncovered that cost is the single biggest factor when deciding which platform to use for their business. 

To help you decide if Shopify Plus is right for you, here’s a breakdown of the costs associated with Shopify Plus.

Note: These are estimations and may vary depending on the needs of each business.

Shopify Plus Platform Fee

Shopify Plus is an enterprise solution ideal for established businesses and high-growth online stores.

But is Shopify Plus expensive? 

Let’s find out…

Compared to the other Shopify plans, Shopify Plus charges by usage (monthly sales volume). 

However, once your monthly sales hit 800,000 USD, the monthly charges will now be based on revenue.

Basically, the monthly fee for Shopify Plus Platform varies:

  • 2,000 USD (PHP 100K) per month if the monthly sales are below 800,000 USD (PHP 40M)
  • Increases by 0.25% of monthly revenue when monthly sales hit 800,000 USD (PHP 40M)
  • Capped at 40,000 USD (PHP 2M) per month when monthly sales hit 16 Million USD (PHP 800M)

Here’s a quick look (with estimated amounts in Philippine Peso):

MONTHLY SALES (USD)SHOPIFY PLATFORM FEE
0 USD – 799,999.99 USD(PHP 0 – PHP 39,999,999.50)2,000 USD per month(PHP 100K per month)
800,000 USD – 16M+ USD(PHP 40M – PHP 800M)0.25% of monthly revenue

Note that this is just the LICENSE FEE to use Shopify Plus and have your website hosted on their servers.

The website build cost is not yet included.

So is Shopify Plus expensive? Let me know in the comments, yeah? 

(Keep on reading until the end! We have a more affordable solution specifically made for Philippine MSMEs.)

Payment Processing Fees

Shopify partnered with international payment providers so Filipino customers can pay in our local currency and preferred payment method. 

Before we talk about the numbers, let’s first clarify what are the payment processing fees for Shopify Plus.

  • Transaction Fees are charged by your online store provider. Shopify Plus charges a 0.15% transaction fee for every transaction made.
  • Payment Gateway Fees are charged by the payment gateway. The payment gateway fee will depend on your chosen provider

Here are 3 examples of payment providers here in the Philippines:

PAYMENT PROVIDERCOST PER TRANSACTION
PayMongoCredit/Debit Cards: 3.5% + PHP 15(+1% foreign fee for cards issued outside the Philippines)
E-Wallets: 2.9%
Remittance Centers and Coins.ph:1.5% (minimum of PHP 10)
DragonPayPHP 10 – PHP 20
Xendit1.8% – 4.2%

Additional Costs to Watch Out For

Here are additional costs that are based on what your business needs.

Customized Website 

You have access to the pre-built themes available in other Shopify plans, which means that your website build cost could technically be free.

But, as an enterprise — BRANDING is critical.

You’d want to customize your website so it’s 100% aligned with your branding and business needs.

The cost of building a customized website will depend on several factors including who you will hire and the functionalities you need

A rough estimate would be somewhere around 1,600 USD to 2,000 USD (PHP 80K to 100K).  

Shopify Apps

While their app store offers some free plugins, the more advanced tools and features that fast-growing businesses need are not.

Some examples of paid integrations are email automation, loyalty program, subscription services, multichannel management, and user-generated content.

Shopify Plus’ apps are available on a monthly subscription

To support a usual enterprise needs, it would cost around 200 USD to 500 USD per month (PHP 10,000 to PHP 25,000) 

Just keep in mind that you don’t need to get every “shiny” tool and app. Or else, you’d end up breaking the bank! 

Third-Party Services

For a more comprehensive functionality, Shopify Plus partnered with:

  • Shopify Plus Partners for technical expertise such as Digital Marketing, SEO, UX Design, Branding, and Website Audit.
  • Certified Third-Party Apps that seamlessly integrate with Shopify Plus for Inventory Management, Personalization, Reviews & UGC, Shipping Solutions, and Customer Support to name a few.

A typical monthly cost for a third-party service could range from around 100 USD to 1000 USD (PHP 5,000 to PHP 50,000).

Maintenance Costs

Since Shopify Plus is a hosted platform, maintenance charges like server fees, security patches, etc. are typically included in the monthly fee.

Custom-built functionalities do need to be updated, but the maintenance fee associated with this will be paid as needed and usually minimal.  

To give you a ballpark number, maintenance could cost around 100 USD (PHP 5,000) per month.

Conclusion

Here’s an overview of how much Shopify Plus Cost:

MINIMUMMAXIMUM
Shopify Plus Platform Fee2,000 USD (PHP 100K)per month40,000 USD (PHP 2M)per month
Transaction Fee0.15% transaction fee per transaction
Payment Gateway FeeVaries depending on the payment provider
Customized Website1,600 USD (PHP 80,000)2,000 USD (PHP 100,000)
Shopify Apps200 USD (PHP 10,000)per month 500 USD (PHP 25,000)per month
Third-Party Services100 USD (PHP 5,000)per month 1000 USD (PHP 50,000)per month
Maintenance CostsRoughly  100 USD (PHP 5,000) per month

Depending on how you want to customize, Shopify Plus’ cost would be at least 4,000 USD (PHP 200,000) up to 43,600 USD (PHP 2.18M) every month!

Relatively, that’s quite expensive here in the Philippines.

But what if there’s a more affordable alternative to Shopify Plus?

Look no further because Prosperna got you covered!

Prosperna Custom is built specifically for established businesses looking for customized solutions based on their business needs. 

The initial setup cost starts at 800 USD (PHP 40,000) with a monthly fee starting at 110 USD (PHP 5500). Custom features range from 69.98 USD – 149.98 USD (PHP 3499 to PHP 7499) per feature. 

This plan gives you advanced features tailor-fitted for your specific needs and you’ll also have your own Account Manager for expert guidance and priority client care.

Compared to Shopify Plus, you get features you want for just a fraction of the price.

We’re excited to tell you more about this so stay tuned for our future blogs to learn more!

Overall, the final cost will depend on the custom features added…

…BUT for the cost of Shopify Plus’ MINIMUM Platform Fee, you can already have your own Prosperna Custom store! 

Prosperna is on a mission to empower 100,000 Philippine MSMEs with affordable and easy-to-use eCommerce software.
Book a FREE DEMO with us to see how Prosperna’s all-in-one Customer First Marketing & Sales Platform can help you grow and scale your business.

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Dennis Velasco

Dennis Velasco

Technology evangelist super passionate about helping MSMEs "level the playing field" with technology.