HOW MUCH DOES IT COST TO CREATE AN E-COMMERCE SITE?

It is legitimate for you to ask the question, but it may be simple, but it is impossible to give a single valid answer. In fact, it depends. Each company is different and, depending on its size, it’s status in its strategy, it’s budget, and its deadlines, the figures obtained can be significantly different.  The best web development company always provides good output to its clients for better results.

To be honest, the price of an e-commerce site can range from $ 5,000 to over $ 500,000 if you hire the website development services. But to advance a precise final cost for such a question is really complicated because an e-commerce project involves many variables.

WHICH VARIABLES DETERMINE THE PRICE OF E-COMMERCE?

As you can see, there are many elements that affect how much one e-commerce product costs compared to another, but project scope is the main one. The top web development company always gives its estimated cost to the client in advance.

Technology needs, hardware, and software depend on the size of your consumer base. If you have a sizable consumer base, you will require a website and apps that can manage a lot of simultaneous traffic. The technology to be used, as well as the kind of networks, servers, and other hardware necessities, are determined by these factors.

Additionally, an e-store that has more pages will cost more to construct because the costs associated with coding, integration, testing, writing fees, and SEO will increase as the number of pages increases.

So, the cost of e-commerce may change depending on the situation and your needs:

• Do you have the necessary internal resources and expertise to provide what you need?
• How many number of pages?
• How many items?
• Will certain things be available in a variety of colors, sizes, etc.?
• Are you ready to support and optimize your content for search engines, or do you still require an agency or provider?
• Once your e-commerce is live, who will be in responsible for keeping it up to date?

All these inquiries ought to be made upstream in order to get a more accurate idea of how much it costs to develop an e-commerce site.

As you can see, building a merchant site is a challenging task that involves a wide range of themes and distinct features. The fact that there is no definitive answer to the cost of an e-commerce website is explained by all these variables.

The decoration of the several key components that influence the final cost is provided below to help you see things more clearly.

E-COMMERCE PLATFORM

In total, 7 global players share the industry for building e-commerce websites:

• WooCommerce: a CMS platform, using this you can turn your WordPress website into an online store.
• Squarespace: a CMS in SaaS mode to create a website with e-commerce features.
• Magento: a powerful open source CMS to create very personalized e-commerce.
• Prestashop: an open source CMS that can be used to build an online store that meets the needs of small enterprises.
• Shopify: a CMS that allows users without advanced technical knowledge to create online stores.
• Drupal Commerce: an extension of the famous Drupal CMS, to add e-commerce features to its site.
• Wizishop: an e-commerce solution for inexperienced users.

Select the CMS (Content Management System or French Content Management System) option that best fits your present company from the list provided.

Less customization is possible but it is easier to get started with all-in-one e-commerce platforms like Shopify, Squarespace, or Wizishop.

With this kind of solution, you are free to modify the layout of the website, but you are unable to modify the majority of the built-in features or functionalities. In short, a complete e-commerce solution is like renting an apartment. You are allowed to live there, decorate it, and invite people, but you are not permitted to demolish the walls or take out the integrated equipment that are already there.

Because of this, these solutions are perfect for small enterprises with a manageable product catalogue, simple requirements, and a desire to build their online store fast and affordably.

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As everyone is aware, we are in a secure digital era because of the internet. You miss out on a number of potential opportunities if you run a business without a website. These websites can help you grow your company’s revenue. After all, the internet is used by everyone in the world to rapidly consume information. With 3.9 billion people using the internet globally in 2018, having a website that can assist with boosting traffic, exposure, and conversion rates is a smart move.

Modular and scalable e-commerce solutions, such as Magento or PrestaShop, enable them to develop an ultra-customizable e-commerce site.

SEO AND COPYWRITING

Any website, including one for e-commerce, needs content that has been written and created.

Most companies create their own content: product images and descriptions, videos, branding, etc.

However, most of the time the written content is not search engine optimized.

Search Engine Optimization (SEO) is the process of improving your website so that it is positioned as high as possible on Google search results pages (and other search engines).

In the long term, the success of your e-commerce site depends on SEO. You have to be able to draw search engine users if you want to avoid being eaten up by the competition and raise your income. In that situation, a regular flow of new clients won’t come your way.

How much does SEO cost?

The first major SEO pricing factor is the number of pages you want to optimize on your site. This answer is typically more than 250 for an e-commerce website.

One good text for SEO, coupled with the optimization of different attributes and meta tags, will cost you 50 to 500 $. The price depends on the number of words included, as well as other factors.

Anyway, the money spent on SEO  always been worth it. Longer pages are necessary for success in search engine optimization, but short pages are ideal for quickly communicating information. Using a strategic mix of these two types of pages can significantly increase your traffic, and therefore potentially your customer base!

MAINTENANCE

When an e-commerce site is online, your expenses do not end. Indeed, any website requires support and regular updates to work properly and remain fully operational.

The maintenance of an e-commerce site includes the repair of all the bugs that appear, the introduction of new elements on some parts of your site and the general maintenance of your site.

Without maintenance, it is only a matter of time before an e-commerce site encounters problems such as a payment bug, a graphics error on the images of a product or even non-responsive pages.

How much does it cost to maintain e-commerce?

Admittedly, the price of website maintenance larger and more complex is higher than that of singles.

However, as a general rule, the cost of maintaining an e-commerce site is between 3 and 10% of the revenue it generates in one year. So, if your company generates 1 million USD in revenue with its e-shop, you should expect to spend at least 20,000 USD a year to maintain it. It depends. Some offshore developers and businesses operate on an hourly basis, while other reputable businesses may prefer to finalise deals with a single sum payment. Developer recruiting costs can range from $10 to $100 per hour, depending on the location.

European-based businesses that provide eCommerce development services may quote prices that are four times more than those given by Asian web development companies. As a result, the majority of businesses like hiring Indian firms to create their eCommerce websites.
Business owners should also budget for the costs of running and maintaining the e-store.

Website development is not as expensive as other modules of eCommerce but renewing domain would require you to spare between $5 and $15 every year. Additionally, you are responsible for paying the hosting fees for your website, which vary depending on the service provider’s package you select. There are multiple hosting providers,  including Bluehost, Hostgator, Godaddy and more that offer varied plans (shared and dedicated servers), which you can choose from.

Wrapping up

In conclusion, with so many variables to consider, budgeting an e-commerce development project for your business can be a bit confusing. At RichestSoft, the creation of an e-commerce site can cost from 3,000 to 15,000 $, so it is important to know the factors that come into play at the prices before hiring the best website development company. Your preferred e-commerce site’s functionality will ultimately determine the price.

We are recognized as a top E-Commerce Design & Development Company on DesignRush

Read more: Is Mobile App Development a Good Source of Income?