Web development
Web Development

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, the price differences between e-commerce and another depending on many factors, but they are mostly about the scope of the project. The top web development company always gives its estimated cost to the client in advance

The size of your customer base determines technology requirements, hardware, and software. If you have a large customer base, you will need a website and compatible applications that can handle a lot of simultaneous traffic. These factors dictate the technology to use, as well as the type of network, servers, and other required hardware.

Moreover, the higher the number of pages in an e-shop, the more expensive it is to create, since the processes of coding, integration, testing, writing fees or SEO will be multiplied.

Therefore, the price of e-commerce may vary depending on the circumstances, and your needs:

  • Do you have available internal resources and the knowledge to provide what you need?
  • How many pages?
  • How many products?
  • Will some products be available in several colors, sizes, etc.??
  • Is your content ready or do you need an agency or provider to support and optimize it for search engines?
  • Who will be responsible for maintaining your e-commerce after it goes online?

To determine more precisely how much it costs to create an e-commerce site, all these questions should be asked upstream.

As you can see, creating a merchant site is a complex project that covers different aspects and involves a variety of topics. All these variables explain that there is no exact answer to the price of an e-commerce site.

To help you see more clearly, you will find below the decortication of the different main elements that affect the final cost.

E-COMMERCE PLATFORM

Overall, 7 main players share the market for the creation of e-commerce sites:

  • WooCommerce: a CMS platform to transform your WordPress site into e-commerce.
  • 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 to create an e-shop adapted to the needs of small businesses.
  • Shopify: a CMS to create an online store without special technical knowledge.
  • 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.

Among these CMS solutions (Content Management System or French Content Management System), it is to choose the one that best fits your current business.

All-in-one e-commerce solutions such as Shopify, Squarespace or Wizishop leave less room for customization but allow a quicker grip.

With this type of solution, you are allowed to modify the site design, but you can not modify most of the built-in functions or features. Basically, an all-in-one e-commerce solution is comparable to renting an apartment. You can live there, decorate it and invite friends, but you are not allowed to destroy the walls or remove the already integrated devices.

That’s why these solutions are ideal for small businesses with a relatively small product catalog, simple requirements and eager to launch their e-shop quickly and cheaply.

New web development frameworks are sprouting out at a more rapid pace than anyone could keep up with. In this article, we are going to determine how to decide on a framework for creating your next, hot web application. Having trouble deciding on the tech stack for your web application? Should you use Python or Java as a language? Is node.js or Flask / Django the right choice for the web framework? The new web development frameworks are sprouting out at a more rapid pace than anyone could keep up with. In this article, we are going to determine how to decide on a framework for creating your next, hot web application.

As we all know, we are living in a digital era secure connectivity, courtesy of the internet. If you operate a business but do not have a website then you lack several profitable opportunities. These websites are helpful to increase your business profit. After all, the whole world is consuming information through the internet at a rapid rate. With the worldwide internet user population in 2018 reaching 3.9 billion, it is a bankable move to have a website that can help with increasing traffic, enhancing visibility and escalating revenue generation.

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

SEO AND COPYWRITING

Writing and creating content is essential for any website, and so is it for a merchant site.

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

But, most of the time, the content created is not optimized for search engines.

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).

SEO is an important factor in the success of your e-commerce site in the long run. To not be cannibalized by the competition and increase your income, you must be able to attract users of search engines. In which case, you will not get a steady stream of new customers.

How much does SEO cost?

The first major SEO pricing factor is the number of pages you want to optimize on your site. For an e-commerce site, this answer is almost always greater than 250.

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. Short pages are excellent for transmitting information in seconds, and longer pages are essential for success in search engines. 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. There are offshore developers and companies who work on per hour basis while there are other well-established companies who may want to close the deal on a lump sum amount. The hiring cost of developers varies from $10 to $100 per hour, which depends from region to region.

Companies offering eCommerce development services based out of Europe may charge four times higher than what an Asian web development company would quote. Hence, most businesses prefer developing their eCommerce websites from companies situated in the sub-continent. Also, business owners should consider expenses for the management of the e-store and its maintenance.

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 have to bear the hosting cost of your website, which would depend on the plan you choose from a service provider. 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. The cost will ultimately be determined by the way you want your e-commerce site to work.

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

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