How much does an ECommerce Website Cost for the year 2021

Published by

John Phil activities: Digital Executive

Jul 5, 2021

Before you start building your eCommerce website, you must know the cost of it because then you have a better understanding of the investment you will require to start your new online business. There are many factors involved in terms of an eCommerce website and how they affect the overall cost of your business. To start the very first step is to have a clear picture plan which will save your extra spending. 

You will have a better understanding as all the information will be broken down to provide you with a clear picture of how much an eCommerce website costs. Cutting down the cost based on your needs, let’s go through the areas that affect the cost. 

How eCommerce Platforms impact the cost.

It totally depends upon how easy or difficult the eCommerce platform is and particularly the cost incurred in licensing, costs differ with a big number for related functions. Your choices must comprise industry-specific solutions, integrated solutions based on ERP systems, and software as a service (SaaS). Providing the designs that fit for business owners to set up and organize themselves. 

Starting with the lowest cost, if you don’t acquire any help from external resources, there are many offers that start from $20-$30 a month. Magento is the one that is configurable and provides customization as well. But, keeping in mind Magento Enterprise is not suitable for businesses that don’t have technical professionals. So, calculating with the minimum, it might cost around $5,000 with a good domestic vendor to set up your store and include only necessary configurations and training.

How web design choices impact eCommerce cost.

When we talk about SaaS, they provide design galleries, themes, or templates that you can easily apply to your site. They might not fit well in your business or could also considerably set you apart from competitors, these templates are easy and cheap at the same time. It will still cost you around $0 to $250 to purchase a theme and another $1,000 to $2,000 making minor changes and customizations, but only logo change.

Custom design is one that costs you around $10,000 to $100,000 depending on the specifications, necessities, and deepness of the process.

How custom programming and functionality impact cost.

Many platforms present module or extension support, which permits you to use functionality that was developed by an important person on your website (for a much lower cost than you could develop it yourself).

Before budding custom features, always make sure to see what extensions are available before writing custom code. Be prepared, though, for some of the extensions to be poorly written or put into practice. Atlantic BT is the one who always audits/evaluates extensions for quality, security, features, and support by suggesting them to clients.

How web hosting impacts eCommerce costs.

Hosting costs are more expected and less inconsistent than others. SaaS offerings will normally include some level of hosting in their packages. Keeping a check on the limits for things e.g. storage, traffic, products, customers, and orders.

These solutions normally start at less cost and can become more expensive as your sales grow and need to expand. You can plan on at least $20 – $250 a month in hosting costs before growing out of a typical SaaS solution.

Hosting for a custom eCommerce website will in all probability start around $300 a month for decent service and support, but almost certainly won’t provide credit card security. A helpful primer on eCommerce payment security was written that will help you understand what you need to know.

For a successful site driving large volumes of traffic (with average requirements for redundancy, speed, scale, and security) hosted in a cloud or grid environment, hosting could cost upwards of $1,000 – $2,000 a month.

Conclusion

Now you must have understood that you can launch your website for less than $1000, but it will depend on the features or elements you will require for your business to get successful. There are many different elements for an online store, you can choose and pick the one you will be required to pay for these items. Putting your business online needs great efforts to improve your sales. So, now is the time to calculate and decide if it’s worth the investment for your business.