Softwr

Software · head to head

Inventory Lab vs Shopify

Inventory Lab logo

Inventory Lab

Software

FBA inventory management made simple

From
$29/month
Rated
-
Full reviewWebsite
Shopify logo

Shopify

Software

The most trusted ecommerce platform to start, grow, and scale your business

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Inventory Lab inventoryLab is no longer sold standalone and is now bundled into Three Colts' Seller 365 plans starting at $69 per month for a single user, rising to $199 per month for the Pro tier; Shopify using any payment provider other than Shopify Payments adds a transaction fee on top of the card rate, at 2% on Basic falling to 0.2% on Plus
  • They diverge on capability: Inventory Lab covers FBA inventory tracking, Shopify covers Hosted ecommerce platform.

Where they differ

Only the attributes on which Inventory Lab and Shopify actually diverge.

Attributes where Inventory Lab and Shopify differ
AttributeInventory LabShopify
Founded20112006

Identical on both: starting price ($29/month), pricing model (subscription), free tier (No), platforms (Web), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Inventory Lab

  • FBA inventory tracking
  • Repricing automation
  • Price monitoring
  • Sales analytics
  • Profit calculations
  • Supplier management
  • Alerts and notifications
  • Forecasting tools

Only in Shopify

  • Hosted ecommerce platform
  • Payment processing
  • Inventory management
  • Order tracking
  • Marketing automation
  • Apps and integrations
  • Multi-channel selling
  • SSL certificate

What people use each for

The jobs each tool is most often brought in to do.

Inventory Lab

  • Amazon and Walmart reseller inventory, listing and profit tracking as part of Seller 365not Shopify

Shopify

  • Running a hosted ecommerce store with payments and fulfilmentnot Inventory Lab
  • Selling across online, in person and social channels from one cataloguenot Inventory Lab

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Inventory Lab

  • InventoryLab is no longer sold standalone and is now bundled into Three Colts' Seller 365 plans starting at $69 per month for a single user, rising to $199 per month for the Pro tier
  • Multichannel listing requires the separate UniCon add-on, priced from $49 to $449 per month depending on tier

Shopify

  • Using any payment provider other than Shopify Payments adds a transaction fee on top of the card rate, at 2% on Basic falling to 0.2% on Plus
  • That fee makes the cheapest plan the most expensive place to use an outside processor, which is the opposite of how plans usually work
  • Card rates also improve with the plan, from 2.9% on Basic to 2.7% on Advanced
  • Amex is charged at a higher rate than other cards on every plan below Plus
  • Plus starts at $2,300 a month
  • The advertised lower monthly prices require paying a year up front

Pricing, plan by plan

Inventory Lab

$29/month
  • Essentials$29/month
    • Inventory management
    • Price monitoring
    • Email alerts
  • Pro$99/month
    • All Essentials features
    • Automated repricing
    • Advanced analytics

Shopify

$29/month
  • Starter$5/month
    • Buy Button & Sales Channel
    • Abandoned checkout recovery
    • Basic reporting
  • Basic$29/month
    • Online store
    • Up to 2 staff accounts
    • Basic reports
  • Standard$79/month
    • Professional reports
    • Gift cards
    • Up to 15 staff accounts

Which should you pick?

Choose Inventory Lab if

  • You need fba inventory tracking.
  • You also want repricing automation.
Inventory Lab review

Choose Shopify if

  • You need hosted ecommerce platform.
  • You also want payment processing.
Shopify review

Questions people ask

Is Inventory Lab or Shopify better?
Neither clearly leads. Inventory Lab starts at $29/month and Shopify at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Inventory Lab or Shopify?
Inventory Lab starts at $29/month and Shopify at $29/month.
Does Inventory Lab or Shopify run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is Inventory Lab best used for?
Inventory Lab is most often used for amazon and walmart reseller inventory, listing and profit tracking as part of seller 365. Of those, amazon and walmart reseller inventory, listing and profit tracking as part of seller 365 is not what Shopify is typically brought in for.
What can Inventory Lab do that Shopify cannot?
Inventory Lab covers FBA inventory tracking, Repricing automation, Price monitoring, Sales analytics. Shopify covers Hosted ecommerce platform, Payment processing, Inventory management, Order tracking.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Inventory Lab

More on Shopify

Keep looking

Other head to heads