Exalted about a new business idea and want a website development company to shape it?
Do you aspire to build your own eCommerce website? The substantial growth of eCommerce businesses over the past years has gravitated many entrepreneurs. As a result, there have been huge investments in eCommerce development services.
However, the most critical question is how much does it cost to build eCommerce website? Certainly, you want an answer to this question before you invest in eCommerce development. However, you should know that there is no direct answer to this question because multiple factors influence the cost of eCommerce websites. So, if you want to ascertain the cost to make an eCommerce website, you can go through these factors for a likely estimation.
A basic eCommerce website cost maybe $10,000, which could go to $200,000 or more based on your requirements, technologies, features, and other things. Keep reading the blog to get a detailed insight into the cost of creating an eCommerce website.
Today, eCommerce websites are of different types like B2B (Business to Business), B2C (Business to Customers), multivendor, etc. Depending on what type of website you wish to build, your business website development cost will vary. So, first, you need to decide what type of eCommerce website you are going to develop.
Let’s take a look at different types of eCommerce websites:
A B2B or Business-to-Business website is one that allows businesses to cater to other businesses. The top examples of these websites include Alibaba and eBay. You can set up an eCommerce website to sell your products to other businesses from a single platform.
The basic features of a B2B website include buying in bulk, quote management, contract pricing and catalog, online payment options, etc. The cost to build an eCommerce website based on this business model depends on your requirements and customization.
This is a prominent type of business website as it allows businesses to cater to customers. Most eCommerce websites are built on this business model. Amazon can be considerd as an example of a B2C eCommerce website.
Key features of a B2C eCommerce website include a shopping cart, wishlist, search filters, multiple payment options, localization, product comparison, multilingual and multicurrency support, etc. The eCommerce website development cost for this type of website will increase with the custom functionalities you include on the site. The overall cost depends on your requirements.
This is a kind of website that serves as a single platform for multiple vendors to sell their products. Amazon is an ideal example of a multivendor eCommerce website. Here multiple sellers can sell their products by creating their seller accounts.
There are numerous advantages of multivendor eCommerce websites, like they offer customers a vast range of products, easy features, and a customer-friendly shopping experience. Some key features of such websites include multi-vendor control, automated tasking, reviews & ratings, secure payment methods, search filters, product information, etc. In this case, your requirements, third-party integration, and customization are the factors that impact eCommerce website cost.
Your cost of an eCommerce website also depends on which type of development you choose. Typically, you can choose between two types of website development methods: custom development and pre-built templates. Let’s take a view of each of these methods.
You can quickly create an eCommerce website using a prebuilt template. These website templates are readily available and fulfill requirements for different businesses. The key benefits of template-based websites are the shorter development cycle and low cost of development. You can purchase a pre-built website template at a certain rate and make your online store ready by simply adding it to the site.
However, this could be a good approach for small businesses with limited needs and low budgets.
If you want to create an eCommerce website from scratch, custom web development is for you. With this method, you can build an eCommerce website from the ground up based on your requirements. Developing a custom website costs much more than a pre-built template.
A custom-built website provides a unique identity with extended functionalities built as per your needs. Using a prebuilt template, you will end up creating a one-in-many kind of website, but custom web development lets you build a one-of-its-kind website.
Another important factor in determining eCommerce website cost is the development team you choose to build it. You can hire an eCommerce development company locally or choose to outsource the project to remote developers.
Let’s check how the location of the development team impacts the cost to build an eCommerce website.
A local website development team is one that you can hire in your own country. In simple terms, you can find developers in your country and hire them to build your website. But there is a catch, hiring local development teams can be expensive because, in many countries, the web development charges are extremely high.
Therefore, you will want to outsource your project in that case. For instance, web development charges in the USA and Australia are very high. You can check the rates for various countries/continents in the below table.
Note: The above rates are just estimates; they might vary depending on your project and hiring method.
You can clearly see from the above table different countries/regions have different hourly rates for hiring developers. Hence, if the development rates are high locally, you can find developers elsewhere for the most economical options. The eCommerce website price will depend on what type of development team you choose for your project. You can get more advantages if you choose to outsource your eCommerce development project.
There are lots of eCommerce development platforms, each with various pros and cons. Top eCommerce development platforms include WordPress+WooCommerce, Magento, Shopify, and PrestaShop. If you want to ascertain the cost of creating an eCommerce website, you need to consider the cost incurred by using any of these platforms.
Let’s have a breakdown of the cost based on different platforms.
You can use WordPress with a WooCommerce plugin to create robust eCommerce websites. Both WordPress and WooCommerce are open-source platforms and are available for free. However, there are more options with WooCommerce that carry fees. With the right WooCommerce development services, you can create a feature-rich website for your business.
|WordPress Open Source||Free, no license fees|
|WordPress VIP||Starting $2000/month|
|WooCommerce||Free and Premium-based|
The cost of the eCommerce website will depend on which WordPress+WooCommerce edition you choose.
With free versions of them, there are hidden costs like hosting, domain, SSL, etc.
It is a free platform without any license fees. However, you have to bear hidden costs as it is a self-hosted platform.
It is a perfect platform for small and medium-sized businesses. But there is also a feature-rich Shopify plan to meet enterprise needs. You can rely on a Shopify development company to create a robust eCommerce website based on your needs.
|Shopify Plus||Starting $2,000/month|
Magento offers multiple options for development of business website. Your eCommerce website cost can be significantly reduced if you choose Magento Open Source because it has a free license. The cost will vary depending on which version you choose. It has now become Adobe Commerce which provides a complete eCommerce solution with tools and features to build websites and cloud-based hosting. You can choose Magento development services to build advanced and complex eCommerce websites.
|Magento Community||Free, no license fees|
|Magento Enterprise||$22,000 or more|
|Adobe Commerce||Starting 40,000|
The eCommerce industry has been rising at an exponential rate with no signs of slowing down. The projected growth of eCommerce by 2023 is estimated to reach $6.3 trillion. Thus, there are enormous opportunities in this industry with lucrative benefits. Besides a hefty revenue, there are many more advantages of eCommerce development. The following points highlight the key benefits of this business domain.
Needless to say, this is the era of digitalization, where everything is at your fingertips thanks to the internet. Many people spend time online, whether for buying, reading information, or entertaining themselves. You lose potential customers online if you don’t have an eCommerce website.
Also, you could fall behind your competitors because they may already be using websites. Apart from this, not upgrading yourself with technological evolution can risk your existence.
Your brick-and-mortar store is only accessible to people living in its vicinity. But an eCommerce website can reach every nook and corner of the world. Consequently, you will have a much larger customer base with more potential buyers of your products. Your eCommerce website can reach different countries via the internet and be available in localized languages and currencies.
Can you keep your physical store open round the clock? Obviously, you cannot do that as you have to manage additional resources; even if you do so, people won’t be visiting your store at night. Therefore, your physical store cannot be available throughout the day and night. But an eCommerce website is always live, no matter if it’s day or night. So, buyers can shop anytime on your website, regardless of their time zones and locations.
In comparison to a physical store, an eCommerce website has a low operational cost. If you create an eCommerce website, you can avoid expenses like staff salaries, rent, infrastructural costs, etc. All in all, you can save unnecessary expenses by spending more on ways to sell products than on resources for your business.
Providing an exact figure for the cost of business website isn’t easy as it depends on several factors. The cost of creating an eCommerce website primarily depends on your requirements, the project’s complexity, features, third-party integration, and more. There are dozens of factors that influence the cost of an eCommerce website, thus making it difficult to give an estimation.
You can ascertain the average cost to build an eCommerce website based on various factors. The following table shows the eCommerce website development cost breakdown for various businesses.
|Small Business||Starting $5,000|
|Mid-sized Businesses||$10,000-$50,000 or more|
|Enterprises||More than $50,000|
These estimations could vary based on your requirements and other factors.
We at CSSChopper, have a team of highly experienced and proficient eCommerce developers. With over a decade of experience in web development, we have worked for numerous businesses irrespective of their size and scale. Our developers have expertise in WordPress, Magento, Shopify, PHP, and several platforms and technologies. We can build a cutting-edge professional website for you based on your unique requirements.
The cost of developing an eCommerce website can vary greatly depending on the size and complexity of the project. On average, the cost can range from $5,000 to $50,000 or more. It’s important to note that the cost can also be affected by the platform used, the features included, and the level of customization required.
The cost of eCommerce website development can be affected by a variety of factors including the platform used, the number of pages and features included, the level of customization, and the complexity of the project. Other factors such as the number of products, payment gateway integration, and shipping options can also affect the cost.
The best way to estimate the cost of your eCommerce website development project is to consult with a web development agency. They will be able to provide you with a detailed estimate based on the specific requirements of your project.
It is possible to save money by using a pre-built eCommerce platform such as Shopify or WooCommerce. These platforms provide basic eCommerce functionality and can be a good option for small businesses with simple requirements. However, if you require a more customized solution, you will need to invest more to develop a custom eCommerce website.
The cost of maintaining an eCommerce website can vary depending on the platform used and the features included. On average, the cost can range from $500 to $200,000 or more per year. This cost can include things like hosting, security, software updates, and customer support.
Investing in an eCommerce website can be a worthwhile investment for businesses looking to expand their online presence and increase sales. However, it’s important to consider the cost and the potential return on investment before making a decision. It’s also important to research different eCommerce platforms and features, and consult with a web development agency to find the best solution for your business.
The development time for an eCommerce website can vary depending on the size and complexity of the project. On average, it can take anywhere from 4-12 weeks to develop a basic eCommerce website. However, if the website requires a lot of customization or advanced features, it may take longer.
It is recommended to hire a professional agency for eCommerce website development as they have the experience and expertise to create a high-quality website that is optimized for online sales and customer engagement. A professional agency can also provide ongoing support and maintenance for your website.
Yes, it is possible to add new features to your eCommerce website after it’s been developed. However, this can add to the overall cost of the project, and it’s important to discuss this with your web development agency before making a decision.
Ensuring the security of your eCommerce website is crucial to protect both your business and your customers. This can include implementing secure payment gateway integration, using SSL certificates, and regular security updates and backups. A professional web development agency can help ensure that your website is secure and compliant with industry standards.