The e-commerce sphere is becoming more and more popular, and the logical solution in the current period of economic turbulence is to open your own online store. The easiest way to start is to launch a dropshipping business. Using this model, you can sell physical goods around the world without having them in stock. You do not need to have your own warehouse, take inventory and ship goods yourself.
Despite the attractiveness of the business model, to start, you need to have a budget that will allow you to efficiently collect and launch an online store. The competition in the field is growing, and the size of the required budget for a full-fledged launch of a dropshipping store increases. In this article, we will look at all the necessary cost items and answer the question: “How much does it cost to launch your store on Shopify in 2021?”
What the Shopify Costs Consist Of?
So, in order to create a dropshipping store on Shopify, you need to consider several cost items:
-
Domain name
-
Hosting
-
Theme
-
Website development cost
-
Apps and additional services
-
Marketing
-
Advertising budget
-
Additional / unforeseen expenses
Next, we will observe each point in more detail. Rough calculations will be made on the example of launching a store on Shopify when integrating with Aliexpress (without pre-purchasing goods, as when working with a dropshipping agent or order fulfillment center).
-
Domain name (cost: $10+/year)
You can’t have a website without a domain name. This is the permanent address of your store, so choose wisely. The cost of a domain name will also vary and depend on two main factors: domain name registrar company and domain zone (.com, .org, etc.). Domain prices range from $8-15 with registrars like GoDaddy or Namecheap.
-
Hosting (Cost: $29+/month)
You have two options: creating a website on an open source platform and paying for hosting separately, or using a SaaS platform that provides you with hosting out of the box. Shopify is a SaaS platform. Moreover, it is one of the most popular e-commerce platforms for dropshipping, and the hosting costs are already included in every Shopify plan. You have three of them to choose from:
To get started, you can subscribe to the basic plan for $29/month. You can also take advantage of a 14-day trial period offered to let you test all the features available with the service.
-
Theme (Cost: $0-180)
On the Shopify Theme Store you can find numerous free and paid themes. If you are just starting your e-commerce journey, you can use free themes like Brooklyn, Debut, or any other one to set up a test store. In order to understand how the platform works, a free theme may be more than enough. However, to fully launch the store, it is better to install a paid theme, since it will have a broader functionality and add more personality to your store.
In a Theme store, Shopify templates cost an average of $180, which might be a significant expense for a dropshipping startup. As an alternative, you can search for themes on catalogs like themeforest.net, templatemonster.com, and others. There, you can purchase high-quality responsive themes for $50-100.
-
Website development (Cost 0+)
One of the most important stages is the store development. By taking advantage of the free trial of the Shopify platform and installing the theme, you can build the store by yourself without any coding skills. After reviewing several Shopify tutorials you can add some third-party features and launch a dropshipping store in a relatively short time.
The question is, whether this hand-made store will have all the needed functionality and perform well. If you are interested in making your store look unique, have a good performance, and convert visitors into customers, you should hire Shopify development company.
-
Apps and additional services (Cost: $50+/month)
After developing the store and filling it with products, it is recommended to choose and install all the needed apps. You might need apps made to:
-
Simplify the checkout process
-
Automate email marketing
-
Increase conversion rate
-
Increase the average order sum
Actually, the functionality of the applications is almost endless and limited only by the developers’ imagination and the budget.
The Shopify App Store is a treasure trove of functionality that you can add and should use to optimize your online store. The Shopify App store lists thousands of apps for every taste and purpose.
-
Marketing (Cost: $100+ month)
You can actually create a great, optimized store with quality design and well-presented merchandise, but it won’t make you profit if there is no incoming traffic.
If you are serious about making your store be successful, you should be ready to put in a lot of time, effort, and budget to promote your store using different channels. We recommend that you initially figure out how to launch advertising campaigns by yourself, in order to have at least basic knowledge and minimal experience with advertising platforms. Do not delegate this task to the third-party specialists right away, since you’ll not be able to correctly evaluate the result and control the performance of the marketing team.
-
Advertising budget (Cost: $500+)
The basic component of your overall store launch budget is media advertising. The success of your project depends on the amount of money that you can spend on advertising. Since the competition in the international advertising market is pretty high and continues to grow, the initial budget and all further expenses will depend on many factors. For example:
-
Your ad setup skills
-
Your target audience GEO
-
Quality of creatives
-
Website conversion rate, and so on
You never know which advertising strategy will bring more profits, so you should try different strategies and plan a decent budget for the launch of campaigns.
-
Additional / unforeseen expenses (Cost: $100- $ 500+)
It is impossible to foresee every expense before the launch of the website. In fact, it is still possible to predict costs for the main tasks needed before the launch, but no one is immune from the factor of unpredictability, seasonal demand fluctuations, account blocking, shipping delays, etc. Consideration should be given to the following aspects:
-
Returns and refunds
-
Shopify commission – 2.9% + $0.30 for each transaction
-
Additional possible commissions for withdrawing funds
-
Costs for additional services
-
Taxes, etc.
Final Thoughts
Now that we dealt with each item in detail, you can calculate the approximate sum of money you’ll have to spend. However, keep in mind that the numbers given above are average and may differ depending on your project and requirements to its implementation. For the most correct calculation of the cost of launching your own dropshipping store, you first need to draw up a detailed plan, make a list of functionality and conduct a research on the availability of the needed apps.
In the article, we observed the main costs that form the initial budget for launching a dropshipping store on Shopify. If you are just planning to launch your first first store, the given information will be enough to get an initial idea and plan the future expenses.
About the Author:
Olha Fedchenko Content Manager & SEO Analyst
Olha is a Content Manager and SEO Analyst at Whidegroup. Starting as a Content Writer for software and web development topics in 2011, Olha has always been guided by a desire to thoroughly inspect every field of study before writing a single word. She found her passion in e-commerce and delighted in expanding her expertise in web development, analytics and SEO for small to medium e-commerce businesses.
The e-commerce sphere is becoming more and more popular, and the logical solution in the current period of economic turbulence is to open your own online store. The easiest way to start is to launch a dropshipping business. Using this model, you can sell physical goods around the world without having them in stock. You do not need to have your own warehouse, take inventory and ship goods yourself.
Despite the attractiveness of the business model, to start, you need to have a budget that will allow you to efficiently collect and launch an online store. The competition in the field is growing, and the size of the required budget for a full-fledged launch of a dropshipping store increases. In this article, we will look at all the necessary cost items and answer the question: “How much does it cost to launch your store on Shopify in 2021?”
What the Shopify Costs Consist Of?
So, in order to create a dropshipping store on Shopify, you need to consider several cost items:
-
Domain name
-
Hosting
-
Theme
-
Website development cost
-
Apps and additional services
-
Marketing
-
Advertising budget
-
Additional / unforeseen expenses
Next, we will observe each point in more detail. Rough calculations will be made on the example of launching a store on Shopify when integrating with Aliexpress (without pre-purchasing goods, as when working with a dropshipping agent or order fulfillment center).
-
Domain name (cost: $10+/year)
You can’t have a website without a domain name. This is the permanent address of your store, so choose wisely. The cost of a domain name will also vary and depend on two main factors: domain name registrar company and domain zone (.com, .org, etc.). Domain prices range from $8-15 with registrars like GoDaddy or Namecheap.
-
Hosting (Cost: $29+/month)
You have two options: creating a website on an open source platform and paying for hosting separately, or using a SaaS platform that provides you with hosting out of the box. Shopify is a SaaS platform. Moreover, it is one of the most popular e-commerce platforms for dropshipping, and the hosting costs are already included in every Shopify plan. You have three of them to choose from:
To get started, you can subscribe to the basic plan for $29/month. You can also take advantage of a 14-day trial period offered to let you test all the features available with the service.
-
Theme (Cost: $0-180)
On the Shopify Theme Store you can find numerous free and paid themes. If you are just starting your e-commerce journey, you can use free themes like Brooklyn, Debut, or any other one to set up a test store. In order to understand how the platform works, a free theme may be more than enough. However, to fully launch the store, it is better to install a paid theme, since it will have a broader functionality and add more personality to your store.
In a Theme store, Shopify templates cost an average of $180, which might be a significant expense for a dropshipping startup. As an alternative, you can search for themes on catalogs like themeforest.net, templatemonster.com, and others. There, you can purchase high-quality responsive themes for $50-100.
-
Website development (Cost 0+)
One of the most important stages is the store development. By taking advantage of the free trial of the Shopify platform and installing the theme, you can build the store by yourself without any coding skills. After reviewing several Shopify tutorials you can add some third-party features and launch a dropshipping store in a relatively short time.
The question is, whether this hand-made store will have all the needed functionality and perform well. If you are interested in making your store look unique, have a good performance, and convert visitors into customers, you should hire Shopify development company.
-
Apps and additional services (Cost: $50+/month)
After developing the store and filling it with products, it is recommended to choose and install all the needed apps. You might need apps made to:
-
Simplify the checkout process
-
Automate email marketing
-
Increase conversion rate
-
Increase the average order sum
Actually, the functionality of the applications is almost endless and limited only by the developers’ imagination and the budget.
The Shopify App Store is a treasure trove of functionality that you can add and should use to optimize your online store. The Shopify App store lists thousands of apps for every taste and purpose.
-
Marketing (Cost: $100+ month)
You can actually create a great, optimized store with quality design and well-presented merchandise, but it won’t make you profit if there is no incoming traffic.
If you are serious about making your store be successful, you should be ready to put in a lot of time, effort, and budget to promote your store using different channels. We recommend that you initially figure out how to launch advertising campaigns by yourself, in order to have at least basic knowledge and minimal experience with advertising platforms. Do not delegate this task to the third-party specialists right away, since you’ll not be able to correctly evaluate the result and control the performance of the marketing team.
-
Advertising budget (Cost: $500+)
The basic component of your overall store launch budget is media advertising. The success of your project depends on the amount of money that you can spend on advertising. Since the competition in the international advertising market is pretty high and continues to grow, the initial budget and all further expenses will depend on many factors. For example:
-
Your ad setup skills
-
Your target audience GEO
-
Quality of creatives
-
Website conversion rate, and so on
You never know which advertising strategy will bring more profits, so you should try different strategies and plan a decent budget for the launch of campaigns.
-
Additional / unforeseen expenses (Cost: $100- $ 500+)
It is impossible to foresee every expense before the launch of the website. In fact, it is still possible to predict costs for the main tasks needed before the launch, but no one is immune from the factor of unpredictability, seasonal demand fluctuations, account blocking, shipping delays, etc. Consideration should be given to the following aspects:
-
Returns and refunds
-
Shopify commission – 2.9% + $0.30 for each transaction
-
Additional possible commissions for withdrawing funds
-
Costs for additional services
-
Taxes, etc.
Final Thoughts
Now that we dealt with each item in detail, you can calculate the approximate sum of money you’ll have to spend. However, keep in mind that the numbers given above are average and may differ depending on your project and requirements to its implementation. For the most correct calculation of the cost of launching your own dropshipping store, you first need to draw up a detailed plan, make a list of functionality and conduct a research on the availability of the needed apps.
In the article, we observed the main costs that form the initial budget for launching a dropshipping store on Shopify. If you are just planning to launch your first first store, the given information will be enough to get an initial idea and plan the future expenses.
About the Author:
Olha Fedchenko Content Manager & SEO Analyst
Olha is a Content Manager and SEO Analyst at Whidegroup. Starting as a Content Writer for software and web development topics in 2011, Olha has always been guided by a desire to thoroughly inspect every field of study before writing a single word. She found her passion in e-commerce and delighted in expanding her expertise in web development, analytics and SEO for small to medium e-commerce businesses.
The e-commerce sphere is becoming more and more popular, and the logical solution in the current period of economic turbulence is to open your own online store. The easiest way to start is to launch a dropshipping business. Using this model, you can sell physical goods around the world without having them in stock. You do not need to have your own warehouse, take inventory and ship goods yourself.
Despite the attractiveness of the business model, to start, you need to have a budget that will allow you to efficiently collect and launch an online store. The competition in the field is growing, and the size of the required budget for a full-fledged launch of a dropshipping store increases. In this article, we will look at all the necessary cost items and answer the question: “How much does it cost to launch your store on Shopify in 2021?”
What the Shopify Costs Consist Of?
So, in order to create a dropshipping store on Shopify, you need to consider several cost items:
-
Domain name
-
Hosting
-
Theme
-
Website development cost
-
Apps and additional services
-
Marketing
-
Advertising budget
-
Additional / unforeseen expenses
Next, we will observe each point in more detail. Rough calculations will be made on the example of launching a store on Shopify when integrating with Aliexpress (without pre-purchasing goods, as when working with a dropshipping agent or order fulfillment center).
-
Domain name (cost: $10+/year)
You can’t have a website without a domain name. This is the permanent address of your store, so choose wisely. The cost of a domain name will also vary and depend on two main factors: domain name registrar company and domain zone (.com, .org, etc.). Domain prices range from $8-15 with registrars like GoDaddy or Namecheap.
-
Hosting (Cost: $29+/month)
You have two options: creating a website on an open source platform and paying for hosting separately, or using a SaaS platform that provides you with hosting out of the box. Shopify is a SaaS platform. Moreover, it is one of the most popular e-commerce platforms for dropshipping, and the hosting costs are already included in every Shopify plan. You have three of them to choose from:
To get started, you can subscribe to the basic plan for $29/month. You can also take advantage of a 14-day trial period offered to let you test all the features available with the service.
-
Theme (Cost: $0-180)
On the Shopify Theme Store you can find numerous free and paid themes. If you are just starting your e-commerce journey, you can use free themes like Brooklyn, Debut, or any other one to set up a test store. In order to understand how the platform works, a free theme may be more than enough. However, to fully launch the store, it is better to install a paid theme, since it will have a broader functionality and add more personality to your store.
In a Theme store, Shopify templates cost an average of $180, which might be a significant expense for a dropshipping startup. As an alternative, you can search for themes on catalogs like themeforest.net, templatemonster.com, and others. There, you can purchase high-quality responsive themes for $50-100.
-
Website development (Cost 0+)
One of the most important stages is the store development. By taking advantage of the free trial of the Shopify platform and installing the theme, you can build the store by yourself without any coding skills. After reviewing several Shopify tutorials you can add some third-party features and launch a dropshipping store in a relatively short time.
The question is, whether this hand-made store will have all the needed functionality and perform well. If you are interested in making your store look unique, have a good performance, and convert visitors into customers, you should hire Shopify development company.
-
Apps and additional services (Cost: $50+/month)
After developing the store and filling it with products, it is recommended to choose and install all the needed apps. You might need apps made to:
-
Simplify the checkout process
-
Automate email marketing
-
Increase conversion rate
-
Increase the average order sum
Actually, the functionality of the applications is almost endless and limited only by the developers’ imagination and the budget.
The Shopify App Store is a treasure trove of functionality that you can add and should use to optimize your online store. The Shopify App store lists thousands of apps for every taste and purpose.
-
Marketing (Cost: $100+ month)
You can actually create a great, optimized store with quality design and well-presented merchandise, but it won’t make you profit if there is no incoming traffic.
If you are serious about making your store be successful, you should be ready to put in a lot of time, effort, and budget to promote your store using different channels. We recommend that you initially figure out how to launch advertising campaigns by yourself, in order to have at least basic knowledge and minimal experience with advertising platforms. Do not delegate this task to the third-party specialists right away, since you’ll not be able to correctly evaluate the result and control the performance of the marketing team.
-
Advertising budget (Cost: $500+)
The basic component of your overall store launch budget is media advertising. The success of your project depends on the amount of money that you can spend on advertising. Since the competition in the international advertising market is pretty high and continues to grow, the initial budget and all further expenses will depend on many factors. For example:
-
Your ad setup skills
-
Your target audience GEO
-
Quality of creatives
-
Website conversion rate, and so on
You never know which advertising strategy will bring more profits, so you should try different strategies and plan a decent budget for the launch of campaigns.
-
Additional / unforeseen expenses (Cost: $100- $ 500+)
It is impossible to foresee every expense before the launch of the website. In fact, it is still possible to predict costs for the main tasks needed before the launch, but no one is immune from the factor of unpredictability, seasonal demand fluctuations, account blocking, shipping delays, etc. Consideration should be given to the following aspects:
-
Returns and refunds
-
Shopify commission – 2.9% + $0.30 for each transaction
-
Additional possible commissions for withdrawing funds
-
Costs for additional services
-
Taxes, etc.
Final Thoughts
Now that we dealt with each item in detail, you can calculate the approximate sum of money you’ll have to spend. However, keep in mind that the numbers given above are average and may differ depending on your project and requirements to its implementation. For the most correct calculation of the cost of launching your own dropshipping store, you first need to draw up a detailed plan, make a list of functionality and conduct a research on the availability of the needed apps.
In the article, we observed the main costs that form the initial budget for launching a dropshipping store on Shopify. If you are just planning to launch your first first store, the given information will be enough to get an initial idea and plan the future expenses.
About the Author:
Olha Fedchenko Content Manager & SEO Analyst
Olha is a Content Manager and SEO Analyst at Whidegroup. Starting as a Content Writer for software and web development topics in 2011, Olha has always been guided by a desire to thoroughly inspect every field of study before writing a single word. She found her passion in e-commerce and delighted in expanding her expertise in web development, analytics and SEO for small to medium e-commerce businesses.
Addsion Is a Blogger and an SEO professional. Co-founder of dsnews.co.uk, I have 2 years of experience in SEO & 1 year of Successful blogging @ dsnews.co.uk. I have a passion for SEO & Blogging, Affiliate marketer & also interested to invest on profitable stocks.
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