How Much Does an E-commerce Website Cost in 2023: A Complete Guide
An e-commerce website serves as a platform for online sales. It can be used as an addition to your brick-and-mortar business. Or as a separate business endeavor. Many companies today want to launch an online presence, but they are having trouble locating tools or services for cost calculators for e-commerce websites. As a result, the expense of developing an e-commerce website, particularly for small firms, maybe a hardship.
Almost no one can accurately predict the price of developing a website. Therefore, new e-commerce websites frequently ask “how much do e-commerce websites cost?” Here in this blog, you will get a rough idea of that. Continue reading!
Why Do We Need an E-commerce Website?
Any consumer can access your business and items through an e-commerce website, regardless of the platform, they’re using. Anyone who wants something you sell only needs to pull out their laptop or smartphone, browse your website, and make the necessary purchases. One of the finest methods to generate money online is through e-commerce companies. However, you’ll need to spend money on expert e-commerce website design, web hosting, and other things to get one up and operating.
Don’t worry; we’ll break down the cost for you and provide you with a checklist for creating an e-commerce website to cut costs.
Reasons Why An E-Commerce Website Is Important?
1. Create a consumer email list and market to them directly
Having your website allows you to market directly to customers and website visitors, which is one of its most significant benefits. Selling directly to clients on your website allows you to get their contact information, unlike marketplaces where those who purchase your goods become the marketplace’s customers. You can advertise new items, provide discounts, and send email marketing campaigns to your customers if you have their email addresses.
2. Create and develop your brand
Your products are listed in a general manner when you offer them on a marketplace. There is minimal to no room for customization or branding, from character or word counts restrictions to logo usage. In actuality, the market’s brand—not yours—is in the spotlight. Consequently, increasing brand familiarity and awareness is all but impossible.
3. Recognize your audience better.
Owning your e-commerce website aids in improving your understanding of your clients. This includes demographic information like their location as well as information on how they discovered your website and learned about you. On your website, you may examine their online behavior, including the pages they visited and the steps they took to make a purchase.
Your e-commerce strategy must include having your website. You may develop your brand, win over devoted clients, learn new things, and use innovative marketing techniques thanks to it. However, relying solely on one sales channel can also be detrimental. It can be beneficial to diversify your online sales channels as e-commerce grows more cutthroat.
The Checklist of eCommerce Website Cost
The typical cost of an eCommerce website, according to studies, frequency ranges from $1,000 (for a small business website) to $95,000 and more (for a complex custom website).
- Building a website for a small business could cost as little as $1,000 or as much as $10,000 in actual money.
- Depending on your needs, a basic website could run you anywhere from $100 to $500. A feature-rich website could cost up to $30,000 or even more.
- An e-commerce website can be built for anything from $2,500 and $95,000. To create a challenging custom website, you might have to fork over significantly more money.
- E-commerce website design costs range from $12,000 to $150,000, while normal website upkeep costs $35 to $5,000 per month or $400 to $60,000 annually.
Things to Consider Before Developing an Ecommerce Website
The cost of the real e-commerce website plays a significant role in the choice. You should, however, be sure the e-commerce solution you select can accommodate your company’s requirements. You won’t have to pay for anything extra or buy add-ons later if you describe what you need right now.
What kind of internet store do you anticipate having?
The kind of online store you’re planning is crucial to the construction process. A store that offers goods is distinct from one that offers services. How many distinct goods or models will be available in your online store if you plan to sell products? Are you selling to consumers or other businesses (B2B)? During this phase of planning, be as explicit as you can.
Will you be selling your goods online? Or do you already operate a physical location?
Particularly in 2020, many traditional brick-and-mortar retailers are expanding online. In addition to having a physical storefront, selling things online enables small businesses to expand internationally and/or gives customers the option to buy online and pick up in-store. Both of these possibilities can increase a company’s market reach, but you should also bear this in mind when searching for an e-commerce solution.
What is the cost of developing your online business?
It’s very simple to get sidetracked by all of the many custom design and feature possibilities once you start looking into e-commerce solutions. For this reason, it’s critical to establish your e-commerce development budget in advance.
Check Out Our website design & development cost here.
How much does it cost to operate an e-commerce website?
The price of e-commerce website platforms varies according to their degree of service, the type of software they offer, and out-of-the-box features.
There are several platforms available, and choosing the best one is a crucial first step in starting an online store. An e-commerce website with 100–1000 products typically costs between $5,000 to $55,000, including design, development, and any other up-front expenses.
In contrast, it typically costs $15,000 to $30,000 per year to maintain an e-commerce website with 100 to 1000 products. But why do e-commerce website prices differ so widely? E-commerce websites vary considerably. It will cost less than a top-notch website if you only need a few basic features.
How Are E-commerce Website Costs Calculated?
The total cost of developing an online store depends on a wide range of factors. The average cost to set up an e-commerce store ranges from a few hundred dollars for some to tens of thousands or even several hundred thousand for others. The following are things that you will need to pay for:
- E-commerce application.
- Domain address.
- E-commerce marketplace hosting.
- Certificate for SSL.
- Processing fees for payments.
- Theme and designs for the store.
- Extensions and add-ons.
Here is the rough cost of operating an e-commerce website
|E-COMMERCE COST FACTOR||AVERAGE COST|
|Number of pages||$1000-$2,000 / 10 pages|
|♦ Website Builder||$0-$300|
|♦ Freelance web designer||$500-$5,000|
|♦ Web design agency||$3000-$100,000|
|Content management system (CMS)||$2000-$25,000|
|Website copy||$50-$500 / page|
|Ecommerce search engine optimization (SEO)||$750-$5000 / month|
|Website copy||$50-$500 / page|
|Ecommerce search engine optimization (SEO)||$750-$5000 / month|
|Domain name||$0.95-$12 / year|
|Hosting||$75-$10,000 / year|
|Website maintenance||$15,000-$30,000 / year|
The pricing of a platform for an e-commerce website:
The price of e-commerce website platforms varies according to their degree of service, the type of software they offer, and out-of-the-box features. There are several platforms available, and choosing the best one is a crucial first step in starting an online store. Let’s examine some of the various e-commerce website types and their prices.
1. Magento E-Commerce
Anyone can use Magento Open Source for free to build an e-commerce website. You are welcome to experiment with the coding on this open-source platform, which is free to use. A premium version of Magento e-commerce that costs more than $20,000 a year is available instead.
2. Bigcommerce E-Commerce
This platform enables a wide range of SaaS platform-based features and business strategies. You must purchase a monthly subscription to this platform ranging from $29.95 to $299.95.
3. Shopify E-Commerce
With the help of this platform, you can quickly set up an online store with a great degree of customization. Your location and the number of accounts you have will determine the platform’s cost, which ranges from $29 to $299 each month.
The cost of a domain for an e-commerce website
Domain costs are continuous, therefore you must renew them after a certain period. You can choose to spread out the expense of the e-commerce website over several years, though, to save time. A domain name costs between $10 and $15 per year. The typical cost for generic phrases is that amount; but, if you need something specific, you might have to pay more. Keep in mind that a short domain is almost certainly going to cost more money than a long domain.
1. The price of hosting an e-commerce website
After purchasing a domain name, you must decide where to store it online and how much it will cost. The size of your website, the number of visitors, and the web hosting companies all affect how much it costs to host an e-commerce website.
Amazon is one of the most popular website hosting companies.
An effective and affordable website hosting provider is Amazon Web Service (AWS). Thanks to its scalability, AWS can store all the information and data for e-commerce websites for small enterprises as well as very large ones.
2. E-commerce website maintenance
The average cost is around $15,000-$30,000 / per year
Your website requires maintenance to remain in top condition, much as construction workers fix and maintain roads. E-commerce website upkeep comprises addressing any faults that arise, adding new components to certain areas of your site, and generally keeping your site operational. Website maintenance is crucial, even while it could cost a little more than you’d like to pay and you might not immediately notice its advantages.
Without regular website maintenance, problems will eventually arise on your site. This could manifest as a glitch with the checkout process, a graphic error on your product photos, or even inflexible sites. Make sure you have someone in your corner who will maintain your website operational every day, no matter what occurs.
There are many different products available on the e-commerce website, therefore it can be challenging to estimate how much an e-commerce website will cost. Each website requires a different set of features and functionality, and the cost varies accordingly. Finding the right one without knowledge about website building services costs time and money.
Depending on the features you require for your business, you may be able to establish an e-commerce site for less than $1,000. An online store has many various features, so you may pick and choose the things you need and simply pay for them.
You won’t be unpleasantly startled by the upfront fees or ongoing expenses if you undertake the task in advance. Putting your company online offers an excellent opportunity to expand your audience and boost revenue. Do the math right now and assess whether your company will profit from the investment or not.
FAQs for E-commerce Website Cost in 2023
Q. What is an E-commerce website?
Ans. Any customer can access your company and products through an e-commerce website. Anyone who needs something you sell merely needs to get their laptop or smartphone out, explore your website, and make the required purchases.
Q. Why do we need an E-commerce website?
Ans. An E-commerce website can help you in developing your brand. You can create a consumer email list and market to them directly, learn new things, use innovative marketing techniques and also recognize your audience better.
Q. How much do eCommerce websites cost?
Ans. It is nearly impossible to estimate a website’s construction costs accurately. The price of setting up an E-commerce website depends on the requirements of the company and any additional features you’ll need. Generally speaking, the setup costs for various E-commerce website range from a few hundred dollars to tens of thousands or even several hundred thousand dollars.
Q. What are the Things to Take into Account before Developing an E-commerce Website?
Ans. You should confirm that the e-commerce system you choose can meet the needs of your business. Here are the followings you should keep in mind:
- What kind of e-commerce website are you planning?
- Are you going to sell your products online? Or do you already run a real-world business?
- How much would it cost to build your e-commerce website?
Q. What are the factors on which E-commerce Costs are calculated?
Ans. The entire cost of creating an online store is based on a variety of Factors. For some, the average cost to launch an online store is a few hundred dollars, while for others it may cost tens of thousands or even several hundred thousand. You will be required to pay for the following:
- E-commerce software.
- Domain name.
- Hosting for e-commerce marketplaces.
- SSL certificate.
- Charges for payment processing.
- The store’s theme and designs.
- Add-ons and extensions