Battle of Ecommerce Titans: Wix vs. Shopify vs. Squarespace
The eCommerce market is expanding every day. Also, the competition is getting more fierce with time. According to Statista, the revenue growth of the eCommerce market is projected to grow to $ 4.11 trillion in 2023. Also, there will be an annual growth of 11.5% every year, and by 2027, the projected market volume is $ 6.35 trillion.
So, no wonder that there are so many platforms offering retailers to set up their e-stores. These platforms facilitate all those people who want to hunt customers in the digital arena. The biggest attraction for retailers to the e-store option is that there is needed no investment to purchase or rent a shop, nor do they need any warehouse to keep their commodities.
Sellers from whom retailers get supplies are also part of the eCommerce market. Most of the time, sellers get their orders from eCommerce retailers, and rather than supplying them to retailers, they directly deliver packages to the end customer.
To facilitate such retailers, platforms like Shopify and Wix offer to set up e-stores seamlessly in minimal time. And in this article, we are going to discuss Wix Vs Shopify Vs Squarespace so that you may choose the right platform for your eCommerce business and excel in this highly competitive market.
Also Read: Integrate Shopify with Recurring Payment Software to Nail Your Revenue Targets
Shopify Vs Wix Vs Squarespace
Shopify is an eCommerce platform that is specially developed to help retailers set up their e-shops. It is a no-code platform that provides a variety of tools and features to help merchants sell their products online, including website templates, payment processing, shipping and order management, and marketing and analytics tools.
A point of difference between Shopify and the other two platforms is that Wix and Squarespace are website development platforms in general, on the other hand, Shopify is specifically an e-commerce platform to set up your own online shops.
However, all these platforms are no-code web development platforms. You will simply use the drag-and-drop option to set up the online store the way you want.
Features Comparison – Shopify Vs Wix Vs Squarespace
There are many features available on all three platforms, but when it comes to eCommerce stores Shopify takes the lead. You can use its sizable app store, which features hundreds of add-ons, to increase the functionality of your website. Fewer third-party connectors are available with Squarespace, but the platform comes with capabilities that make it simple to build stunning, expert-looking websites.
Although Wix has a respectable selection of features, Shopify or Squarespace’s selections are more complete. Squarespace gives 110 well-designed storefront templates. Still, Wix beats both Squarespace and Shopify as it has 800+ customizable templates for the storefront.
However, the templates offered by Shopify are exclusively for eCommerce businesses while Wix templates are in general for any website. Though the user can manage the dashboard in Squarespace and Wix as well, Shopify shows the core metrics (e.g. total sales and customer information) performance on the dashboard.
Also Read: How will SubscriptionFlow manage your eCommerce Wix Subscriptions?
Price Comparison – Shopify Vs Wix Vs Squarespace
The most important factor that affects the choice of software is the price. Startups and small businesses usually have a limited budget. They either do not intend to invest in established web development platforms like Wix, Shopify, and Squarespace, or they look for cheaper plans.
Coming towards pricing of these three web development platforms, all three of them have pricing plans that start from the basic plan and lead to advanced or business plans.
The basic plan of Wix costs $23 per month. On the contrary, the Shopify basic plan costs $29 per month. And Squarespace has a business plan for $36 per month. However, this same plan will cost $18 per month if paid annually.
The advance plans of Squarespace and Wix will cost up to $50 per month. However, Shopify’s advanced plan can be expensive costing $299 per month but in it, you can have extensive features for eCommerce business.
Some advanced features that Shopify offers under its advanced plan include an advanced report builder, third-party shipping rates, custom checkout, and the ability to use Shopify’s APIs to create custom integrations are some of the features offered by the Advanced plan.
Which eCommerce Platform is the Most Suitable for Your Business?
The most important factors regarding Wix vs Squarespace vs Shopify have been discussed above. The choice will still depend on the nature of your business. We hope you will choose the right platform for your business.
However, if you need to integrate any of these three platforms with the subscription management system so that you cannot only run the eCommerce business but also turn your revenue into recurring revenue, then opt for SubscriptionFlow. We offer you the best subscription management platform that can integrate with third-party platforms like Shopify, Wix, or Squarespace easily.
To determine which of these platforms is the best for your business, schedule a demo now to speak with a SubscriptionFlow expert!