When we talk about Ecommerce, products, inventory, and relative terms pop up in our minds. But do you know how much it costs to make an ecommerce website?
Many of you would think, how much designing an Ecommerce website would cost you? You initially have to calculate the investment to start with your new online business idea.
The challenges would occur in many factors involved in the Ecommerce website design and development process. But keep in mind, you have to invest a heavy amount of money & time!
However, don’t worry; we’ve got you covered! This blog will discuss the cost of building an ecommerce website with a complete work breakdown.
Ready to read about Ecommerce website costs?
Here you go!
But, wait! Do we need to know how these enterprises are moving toward the Ecommerce market?
Let us first learn to grasp some basic knowledge related to the Ecommerce website industry and then start with the costing breakdown.
Everything You Should Know To Learn About Ecommerce Website Costing
Over the past few years, the ecommerce industry has been increasing rapidly, becoming an indispensable part of the global retail framework.
Like many other industries, the retail sector has undergone a substantial transformation following the advent of the Internet and the ongoing digitalization of modern life, especially among consumers worldwide.
As you can see in the graph below, over two billion people purchased goods and other things online, rather than going to the shops themselves.
However, according to Statista, over two billion people purchased goods and services from the website in the same year rather than physically visiting the shops.
How to calculate the cost of building an Ecommerce Website?
In this section, we will know how much does create an Ecommerce website costs with an in-depth breakdown of activities.
Let’s get started!
However, to keep this article focused, we will break down the parts into significant expenses, so you can drop them down to the section you want to read first!
- Ecommerce website hosting cost
- Ecommerce website payment processing cost
- Designing cost
- Add-ons and other extension costs
- Total Ecommerce website costing
You can even use various software available for your Ecommerce website management, and you can even build your store from scratch.
Here you go with some of the tools available for making your Ecommerce website.
- Shopify
- BigCommerce
- WooCommerce
However, you can read our blog, Shopify vs. WordPress, to make the final choice between these two & run your Ecommerce store like a PRO!
So, now as we’re clear with some of the tools used for creating your Ecommerce store, let’s start discussing the cost of building an Ecommerce website in detail.
1. Ecommerce Website Hosting Cost
Every time a website is made live on the Internet, it requires web hosting. This is why all the website critical files are stored on the server.
You will need a domain name that is fully purchased and authorized with your hosting. With that purchased and customized hosting, your target audience will get to search about you.
However, each domain’s costing and technical requirements are different.
Let’s have a look at some of them.
Ecommerce Website Cost for Self-Hosted Websites
Firstly we have WooCommerce, a popular Ecommerce platform worldwide, powering millions of businesses online.
It’s available for free, which means you can download and use this software for free and create as many Ecommerce websites as possible.
However, you would require a WooCommerce web hosting account to get started with your Ecommerce website.
The average cost of starting an Ecommerce website would typically start at $7.99 per month, leading to a domain name worth $14.99 per year worth the money!
Moreover, the SSL certificate pricing starts from $69 per year. However, if you add up all these costs, then the accurate cost of an Ecommerce website would still hurt your pocket.
Luckily, we have Bluehost, who recently agreed to offer WPBeginner users several discounts on their hosting.
Here are some of the advantages of choosing self-hosted Ecommerce website hosting:
- You will get complete freedom to create your very own Ecommerce website, just the way you want!
- You can even save a lot of money and only have to pay for the extra add-ons.
- Ecommerce websites are all about sales, and you can get it by adding unlimited products and using any payment method gateway to get the deals!
Hosting Cost For Saas Based Websites
Ecommerce platforms are now available for SaaS (Software as a Service) websites and do not require the user to install any software, to manage or host it directly.
Your Ecommerce website hosting price will include all of the software purchases. The two of the most popular Saas Ecommerce platforms are Shopify and BigCommerce.
Both platforms are easily accessible and scalable to sell the products online. You can even include SSL certificates, but it’s necessary to purchase a domain name for your website.
The estimated cost Of Shopify Ecommerce plans:
- Basic Shopify: $29
- Shopify Pricing: $79
- Advanced Shopify: $299
However, compared to BigCommerce, the plans include:
- Standard Pricing: $29.95/month
- Upgraded: $71.95/month
- Pro: $224.95/month
So, now it’s your choice which platform you would choose for your Ecommerce website store.
For instance, BigCommerce Standard Pricing Plan would limit you to $50,000 on online sales per year. However, you will need to upgrade your account to do the needful.
On the other hand, Shopify forces you to use Shopify payment methods; you will be charged additionally if you want to use another payment gateway.
In a nutshell,
- Self-hosted Ecommerce Websites are available for $2.75 to $241.67/month
- SaaS based Ecommerce Hosting is available at $29 to $299/month
2. Ecommerce Website Payment Processing
Many beginners don’t even look at the payment processing methods and fees while choosing an Ecommerce platform.
However, this will seriously impact their business because it significantly increases the costs and decreases the profit margin.
Let’s see the different Ecommerce platforms that handle payments and how much it will cost you to accept any of the revenues from potential customers.
Woocommerce Payment Processing Costs:
The payment processing fees may depend on the payment gateways, currency, and region. However, the quick overview of popular payment gateways is measured in US dollars.
- PayPal: 2.9% + $0.30 per transaction over $10
- Stripe: 2.9% + $0.30 per transaction
- Authorize.net: 2.9% + $0.30 per transaction + $25 monthly fee
Shopify Payment Processing Costs:
Here you go with the payment breakdown:
- Shopify Payments: 2.9% + 30¢ per transaction
- Third-party Services: Payment Gateway fees + 2% additional fees paid to Shopify for every transaction made.
Ecommerce Website Designing Cost
You know, the Ecommerce industry is increasing at an incredible rate. A new trend pops up every day, and soon there will be significant competition in this business area.
However, the game is entirely different when we talk about business design!
To give your website a professional look and feel, it’s important to crunch down all the details you’ve in mind and then think forward!
The design cost would be slightly higher than you think. The designers probably charge different prices based on the layouts, design, and uniqueness.
If we talk about one of the great theme plugins, WooCommerce, it’s the best option to design a website with a flawless front and seamless user experience.
Most of the themes are available for free. However, some are paid starting from as low as $30.
Here are the top WooCommerce themes with tons of customization available for the customers.
Astra – One of the best WooCommerce themes with tons of ready-to-make websites that can be installed with a single click!
Divi – It is a powerful yet flawless WooCommerce theme with dozens of templates available, a built-in page builder, and friendly customization options.
Ocean WP – One of the top-tier WooCommerce themes in the market, with various customization options.
But the discussion doesn’t end here; there are some other plugins available for the theme! Like Shopify, BigCommerce is also a giant in the industry!
Estimated Cost For Ecommerce Website Designing Cost
WooCommerce – It’s available for free along with $99 for free and $5,000 for customization
Shopify – Again, it’s available for free, whereas $160 for premium and $5,000 for further add ons
BigCommerce – Free, and $160 for premium and $5,000 for any custom features
Sounds like a plan?
Total Costing Of Building An Ecommerce Website
Here in this section, we get to know about the cost of building an Ecommerce website in a nutshell for a complete overview.
- WooCommerce Starter -$500 to $3000
- Custom – $5000 to $10,000
- Enterprise -$10,000 + other add ons
- Shopify – $1,000 to $10,000 + increase in cost if you add on anything extra
Wrapping Up | Ecommerce Website Cost
There you go! We hope you enjoyed reading about the Ecommerce website costing package and how you can build a better customer experience and minimal pricing packages.
However, if you still have some questions in mind, feel free to share your queries. Our Ecommerce website expert team is always in their shoes to get your queries solved & revert them with a solution.