What is the difference in cost between Lightspeed and Shopify?

As an entrepreneur, you are looking for a powerful e-commerce platform. Here it is important to look not only at the functionalities, but also at the cost. Lightspeed and Shopify are two popular platforms, each with its own pricing structure. We'd like to tell you a bit about the costs of both so you can make an informed decision.

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What are the subscription fees? 

Both Lightspeed and Shopify are SaaS (Software as a Service) platforms. This means you sign up for a monthly or annual subscription, with the software hosted by an external provider. This gives you access to the software without having to install or maintain it yourself. 

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Lightspeed C-Series

Lightspeed offers three different packages for their C-Series, essential, advanced and professional. These are increasing in price and go by the simple principle: the more you pay, the more features you get. 

Shopify

Shopify also uses multiple packages for their SaaS solution, namely basic, shopify, advanced and plus. Like Lightspeed, you get more features the more you pay, the only difference being that with each Shopify plan, you can use an unlimited number of products.

What are the transaction costs?

In terms of transaction fees, there is a significant difference in cost structure between Lightspeed and Shopify. It could even be a decisive reason for your choice. Lightspeed does not charge transaction fees for their C-series no transaction fees, while Shopify does.

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As with subscription fees, transaction fees vary by Shopify plan. In addition, transaction fees become lower once using Shopify Payments (Shopify's integrated payment system). Thus, it may pay off to choose a more expensive package starting at a certain level of revenue.

Conclusion

So at first glance, the cost structure of Lightspeed and Shopify looks very similar. Still, it differs more than you might think and you should carefully consider which of the two suits you best. Below is another overview to help you decide. 

Want help choosing the right platform? Then contact us so we can provide you with tailored advice.

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