When setting up an online store, many entrepreneurs focus on the monthly subscription fees of Ecommerce platforms. However, the real cost often lies in the less obvious transaction fees and payment processing charges. Let’s examine how popular platforms stack up and why JustSell emerges as a cost-effective alternative.
Shopify’s Fee Structure
Shopify’s pricing model includes both transaction fees and credit card processing fees:
- Transaction fees range from 0.5% to 2%, depending on the plan, unless you use Shopify Payments.
- Credit card rates vary by plan:
- Basic Shopify: 2.9% + $0.30 per transaction
- Shopify: 2.6% + $0.30 per transaction
- Advanced Shopify: 2.4% + $0.30 per transaction
For a $100 sale on the Basic plan, you could be paying $3.20 in fees alone
BigCommerce’s Pricing
While BigCommerce doesn’t charge transaction fees, they do have credit card processing fees:
- Standard Plan: 2.9% + $0.30 per transaction
- Plus Plan: 2.5% + $0.30 per transaction
- Pro Plan: 2.2% + $0.30 per transaction
These fees can add up quickly, especially for businesses with high transaction volumes
Squarespace’s Costs
Squarespace’s fee structure includes:
- An additional 3% transaction fee on the Business plan
- Credit card processing fees of 2.9% + $0.30 per transaction (via Stripe)
This means on a $100 sale, you could be paying up to $6.20 in fees on their Business plan
The JustSell Advantage
JustSell offers a refreshingly different approach:
- 0% commission on sales, regardless of volume
- Freedom to choose your own payment processor, potentially lowering card payment fees
- Fixed monthly fee structure without hidden charges
By eliminating transaction fees and allowing businesses to select their preferred payment gateway, JustSell enables merchants to keep more of their revenue
Why JustSell is the Better Choice
- Cost-Effective: With no additional transaction fees, JustSell can save businesses thousands in the long run.
- Flexibility: Choose your own payment processor to optimise rates for your business model.
- Transparency: A simple, fixed fee structure means no surprises on your monthly statement.
- Scalability: As your sales grow, your fees don’t allow for better profit margins.
Additional Benefits of JustSell
- Branded customer ordering app for increased engagement
- Integrated social media and email marketing tools
Conclusion
In conclusion, while platforms like Shopify, BigCommerce, and Squarespace offer robust features, their fee structures can significantly impact your bottom line. JustSell provides a compelling alternative, offering comprehensive Ecommerce capabilities without the burden of high transaction fees. By choosing JustSell, businesses can focus on growth and customer satisfaction, rather than worrying about escalating costs as their sales increase.
