When B2B merchants consider upgrading to Shopify Plus, they should consider several factors, including, but not limited to, processing fee rates, advanced features, customization options, and potential benefits to business growth.
First, from a processing fee rate perspective, Shopify Plus offers a lower transaction fee rate of 0.2%, a significant advantage for B2B merchants who process a high volume of transactions. Additionally, Shopify Plus users can enjoy an even more favorable rate of 2.15% plus $0.30 per transaction if using Shopify Payments as their payment gateway. In comparison, the Advanced package of the standard package has a transaction fee of 0.5%, while Shopify Plus has a much lower rate, making the upgrade a cost savings for merchants with high transaction volumes.
Second, Shopify Plus offers a range of advanced features that are very attractive to B2B merchants. For example, unlimited employee accounts allow merchants to manage their teams more flexibly; more powerful marketing automation tools help merchants promote their products more effectively; advanced reporting and analytics provide in-depth business insights to help merchants make smarter decisions; and higher-priority customer support ensures that merchants can get quick solutions to their problems when they encounter them.
Further, Shopify Plus' customization options provide B2B merchants with greater flexibility to meet their specific business needs. Whether it's a deeply personalized checkout interface, custom payment methods such as cash on delivery, or the development of a custom checkout page, these features help to enhance the payment experience and conversion rates for customers.
Finally, B2B merchants should also consider how Shopify Plus can help them grow and scale their business when evaluating the need to upgrade. For example, Shopify Plus supports the creation of multiple sites and shipping addresses, which is critical for merchants looking to expand into global markets. In addition, support for hierarchical management can better serve customers of different sizes and improve operational efficiency.
In summary, B2B merchants considering upgrading to Shopify Plus should consider a combination of reduced processing rates, the benefits of advanced features, the flexibility of customization options, and the potential boost to business growth. If significant business advantages and cost efficiencies are expected from the upgrade, then Shopify Plus is certainly an option worth considering.
