Shopify and eBay are two of the most popular ecommerce platforms out there. But which one is right for you? To help you decide, we’ve put together a fees comparison of Shopify and eBay. Read on to see which platform will save you the most money.
Shopify Fees
If you’re running an online business, then you’re probably always looking for ways to save money. One of the big costs associated with running an online business is transaction fees. In this article, we’ll compare the transaction fees charged by Shopify and eBay.
Shopify charges a 2.9% + $0.30 transaction fee on all credit and debit card payments. If you’re using Shopify Payments, then you can avoid these fees altogether. However, if you’re using a third-party payment processor like PayPal or Stripe, then you’ll still be charged these fees.
There are also some other miscellaneous fees that Shopify charges. For example, if you use a custom domain name with your Shopify store, then you’ll be charged $11 per year. And if you want to use Shopify’s point-of-sale system to accept in-person payments, then you’ll be charged an additional 2% per transaction.
EBay Fees
eBay’s fees are very similar to Shopify’s. Both platforms charge a listing fee and a percentage of the final sale price. However, eBay does have a few additional fees that you should be aware of.
The first is an insertion fee, which is charged every time you list an item. This fee is usually around $0.30, but can vary depending on the category of your item and the starting price.
In addition to the insertion fee, eBay also charges a final value fee. This is a percentage of the total sale price, and is typically between 5-10%. So if you sell an item for $100, you would owe eBay $5-$10 in final value fees.
Finally, PayPal (which is owned by eBay) also charges a small fee for processing payments. This fee is usually around 2.9% + $0.30 per transaction.
All in all, eBay’s fees are very similar to Shopify’s. If you’re selling lower-priced items, Shopify may be slightly cheaper due to its lower per-transaction fees. But if you’re selling higher-priced items, eBay may be slightly cheaper due to its lower insertion fees.
Shopify vs eBay Fees
eBay is often thought of as the cheaper option when compared to Shopify, but is this really the case? Let’s take a look at the fees associated with each platform to see which one is truly more affordable.
Shopify:
Shopify has a monthly subscription fee of $29, and then charges 2.9% + $0.30 per transaction. There are also additional fees for things like using a professional theme ($180), using Shopify Payments (2%), and using a third-party payment processor (varies).
eBay:
eBay charges a listing fee of $0.20 per item, and then takes a cut of the final sale price – 8% for items sold for less than $1000, and 3% for items sold for more than $1000. There is also a PayPal fee of 2.9% + $0.30 per transaction.
So, which platform is cheaper? It depends on how you sell your products. If you are selling high-priced items on eBay, then you will likely pay less in fees than you would on Shopify. However, if you are selling lower-priced items or have a high volume of sales, then Shopify will probably be the more affordable option.
Which is the better option for you?
There are a few things to consider when comparing Shopify and eBay fees. First, consider the type of products you sell. If you sell physical goods, then you’ll need to factor in the cost of shipping. Second, think about the size and scope of your business. If you’re a large business selling many products, then Shopify’s monthly fee may be a better option for you. However, if you’re a smaller business or just starting out, then eBay’s lower listing fees could be a better option.
Finally, consider your sales volume. If you sell a lot of products, then Shopify’s higher transaction fees may not make much of a difference. However, if you don’t sell many products, then eBay’s lower transaction fees could save you money in the long run.
Ultimately, it’s up to you to decide which platform is best for your business. Consider all of the factors above and make the decision that makes the most sense for your unique situation.
