Ecommerce

How much does it cost to build an eCommerce website?

Online shopping is growing every year and many companies decided to open an online store on the internet. It brings enormous revenue to entrepreneurs and demonstrates great potential. But still, there is a big problem when trying to predict the cost of an e-Commerce website and clarify if it is fitted to our job or not.

Why online shopping is mushrooming?

Online shopping isn’t just about getting new products, clothes, or furniture a customer wants. It is about having a new experience, less time-consuming, and more able to review products at the same time. According to reports, more than 1.6 billion buyers visit online stores in 2020.

 

Questions needed to answer

Before starting to estimate the cost of an e-commerce store, it is better to define the answer to these questions which we are going to review. This is because you can determine what kind of service you want for your business and is any less expensive way to reach the goal. As the following;

  1. What kind of online store do you have in mind?
  2. Do you already have a brick-and-mortar store?
  3. What is your budget?

How to calculate e-Commerce costs

Now it is time to see how we can estimate the amount of budget needed to establish a fresh, brand-new online store. Note that this measurement is divided into different sections and you have to consider separately how much you can spend on each section;

Number one: Software costs

E-Commerce solutions range in costs depending on their features, the type of software they offer, and their level of service. There are different platforms to choose from, each has its advantages and limitations.

In this article, we will discuss two main platforms as you see;

BigCommerce: This is one of the leaders in e-Commerce planning, with lots of features, easy to use, and high performance. BigCommerce can help you create beautiful online shops, even if you don’t have any idea about it.

Another advantage of BigCommerce is that it has several pre-built plug-ins to frontend content management systems or CMS, and DXP systems like WordPress, Drupal, and even more. The next good news is, BigCommerce is a SaaS (Software-as-a-Service) provider; it means that you are essentially renting the software and the hosting from them.

Shopify: Many brands may not be so comfortable working with complex platforms like BigCommerce and prefer to choose a more simple but also efficient one. Here, Shopify provides a professional environment for small businesses that want a user-friendly way to create online shops.

Number two: Domain & hosting costs

Domain costs are annually upgraded so it is up to you to pay the fee every year or just pay for a few years upfront. The price depends on where you are purchasing the domain and the extension you want to choose. In summary, it will cost between 2$ to 25$ per year.

 

Another element you have to concern about is hosting. If you are using BigCommerce or Shopify, there will be no need for third-party hosting because these platforms are hosted on the cloud and offer web hosting. But if you decide to self-host your website, the cost ranges between 70$ to 900$ per month based on your website’s traffic, services, and additional features such as backup.

Number three: Payment processing costs

Payment processing costs depend on the type of payments you want to offer during checkout. There are many payment gateways which you can choose for your store. Here we consider 3 of them;

PayPal: 2.9% or $0.30 for transactions over $10

Stripe: 2.9% or $0.30 per transaction

Authorize.net: 2.9% or $0.30 per transaction

Number four: Theme & Design costs

To have a bright layout in your e-Commerce and creating a unique user experience, you need to implement web design themes. Although most themes are free to use, some premium themes may range in price from 50$ to 240$.

 

Number five: Plugin & Extension costs

Never forget, there is no single method that can be utilized to solve all the problems. In this situation, you also have to implement plugins and add-ons to get your willing performance. In this section, we will check two main plugins;

BigCommerce: with BigCommerce, you can select add-ons for free or go with premium options. For purchasing all the available features for your website, BigCommerce will cost between 5000$ to more than 26000$ per year.

Shopify: similar to BigCommerce, Shopify merchants can access hundreds of free and premium apps and those costs depend on the app itself.

Number six: Building products costs

This process includes front-end and back-end construction;

  • Front-end

This means creating the interface of your e-commerce product. There many types of Javascript frameworks which you can choose for the UI and it will cost between 2500$ to 11000$.

  • Back-end

This will be the server-side of your website, usually more complex and yes, more expensive than Front-end. The crucial thing is that the quality of your app’s server-side impacts the quality of your app. This also costs between 4000$ t0 25000$.

More features of a complex e-Commerce store

If you want to upgrade your website more than that, there are some extra options which recommended to be implemented on your online store;

  • Chatbots

This is cute and interesting. On numerous websites, customers can start the initial conversation and get quick answers from a bot. An online bot that can help users has many advantages;

  • Your customers and users can get their willing answers anytime and anywhere
  • It can entertain your users
  • It can collect the users’ data for you
  • It saves on costs; by implementing a nice Chatbot, you will no more need to hire any customer support specialist.

 

  • Augmented reality

AR is one of the new features which sellers can have on their e-commerce stores. AR allows customers to try on the desired apparel using one simple app. It can also bring more attention and help customers to reach their desired demands easier.

 

  • Migration to mobile

Customers love the mobile experience and spend much time browsing on smartphone apps daily. So it is a big bonus if you create a multi-platform e-Commerce store that is fitted for both PC and mobile devices.

 

Summary

If we want to sum up all the costs we discussed earlier, we can categorize them into four main classes;

  1. Running the store: if you finally decide to create your e-Commerce shop, you have to spend on the steps you have to follow. For a small store, the costs will be 5000$-10000$, but you have bigger dreams, the cost can be even more than 60000$.
  2. SEO & Copywriting: for inserting new content into your website, your notes should be unique and easy to research. For having a nice outcome, you have to spend 300$ to 1400$ per month that.
  3. Product’s support: managing an online store is not just selling products but also you have to support them too. It also includes possible returns from customers or their additional requirements. This will cost between 500$ to 1500$ annually.
  4. Repeatable costs; some additional costs can occur for several reasons, such as debugging or upgrading your layouts. These altogether vary between 30$ to 300$ per month.

Conclusion

There is a wide range of possible budgets which you can choose to start your process. This budget can be as minimum as 1000$ to even more than 6000$. Since there are many different aspects of an online store, you can pick and choose exactly what you need and only pay for those items.

You should be informed that spending a lot of money will not guarantee your business but making a strict and limited budget will lower your brand’s personality level.

What's your reaction?

Exelent
0
Good
0
Bad
0
Waste of time
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Ecommerce