Comparing alternative eCommerce platforms, tools, add-ons, and additional services that you will need based on your business requirements is the easiest way to assess the cost of developing an eCommerce website.
This is the only way to get an exact estimate for the cost of an eCommerce website development.
Because there are so many different ways to set up an online business, the majority of online eCommerce website cost calculators are utterly wrong (so it’s best that you avoid them).
We’ll break down our eCommerce cost analysis into the following primary charges to keep this piece focused:
- The cost of hosting
- Costs of payment processing
- Costs of design
- Cost of Extensions and add-ons.
- Costs of running an eCommerce website Total costs of running a business
To create an online store, you can utilize a variety of eCommerce software and platforms. We’ll use the following top eCommerce platforms for the sake of this article:
As a result, let’s begin analyzing the cost of developing an eCommerce website, as well as how to save money by making wise decisions along the route.
The Cost of Hosting
For every website on the internet, web hosting is essential. This is where your website’s files are stored. You’ll also need a domain name, which is the internet address for your website, such as wpbeginner.com.
There are two paths you may pursue your eCommerce initiatives when it comes to eCommerce hosting. Each has its own set of expenses and technological needs.
- Self-Hosted eCommerce Website Hosting Costs
- SaaS eCommerce Platform Hosting Costs
Ecommerce Hosting Prices Estimated:
- Per month for a self-hosted eCommerce site: $2.75 – $241.67
- Per month for SaaS eCommerce hosting: $29 – $299
Please keep in mind that this price range is for small to medium-sized internet shops. High-volume stores are likely to upgrade to Shopify Plus or BigCommerce Enterprise, which costs thousands of dollars per month.
Costs of Payment Processing
Many novices neglect payment processing fees when selecting an eCommerce platform. This might have a huge negative impact on your organization because it will increase your costs and decrease your revenues.
Estimated Costs of Payment Processing for an Ecommerce Website
Your eCommerce platform and the payment providers you choose determine the cost of processing payments. The following is a rough estimation of the payment costs.
- WooCommerce: 2.9 percent + $0.30 transaction fee for PayPal or Stripe.
- Shopify Payments: 2.9 percent + 30 percent | An additional 2% per transaction for third-party payment gateways.
- BigCommerce: 2.9 percent + $0.30 per transaction with PayPal or Stripe.
Note that these charges do not include any fees that your bank may impose.
When it comes to payment processing fees, WooCommerce and BigCommerce are neck and neck for the lowest fees.
Costs of Design
The eCommerce market is growing at a dizzying speed. Every day, new internet stores open, and there is a good probability that your industry already has a lot of competitors.
Let’s have a look at how much it costs to create an eCommerce website on various platforms.
Costs of WooCommerce Design
In terms of design and look, WooCommerce is the most versatile solution. You may use any WordPress theme with WooCommerce because it’s built on top of WordPress, the most popular website platform.
Fortunately, there are thousands of WooCommerce themes from which to select. Many of them are absolutely free, while others cost a nominal fee starting at $30.
Depending on the features you require and the developer’s expertise, a bespoke theme can be quite costly. For an average-sized eCommerce firm, the total cost of a bespoke website creation could range from $1500 to $6000.
A bespoke theme for a business with its own plugins can cost anywhere between $10,000 and $30,000.
Costs of Shopify Design
A custom design for Shopify might cost anything from $5,000 to $30,000 USD, depending on the developer and their charges.
Costs of BigCommerce Design
The cost of a paid BigCommerce theme starts at $160 and goes up from there. Depending on the developer or firm you pick, a custom BigCommerce theme might cost anywhere from $3,000 to $30,000.
Ecommerce Website Design Costs Estimated
WooCommerce is available for free, with a premium version costing $99 and a custom version costing $5,000.
Shopify is free to use, but there is a premium version that costs $160 and a custom version that costs $5,000.
BigCommerce is free to use, however, there is a premium version for $160 and a custom version for $5,000.
Cost of Extensions and Add-Ons
WooCommerce add-ons range in price from free to $299, with specialized plugins costing between $500 and $10,000 USD.
Shopify add-ons are free and include a variety of monthly subscription apps. Depending on developer rates and expertise, a custom app can cost $5,000 or more.
BigCommerce Add-ons are free and include a variety of monthly subscription apps. Depending on developer rates and skills, a custom app can cost up to $1000.
Costs of Running an Ecommerce Website Total Costs of Running a Business
The anticipated overall costs of developing an eCommerce website are listed below.
Starter WooCommerce – $500 – $3000 (Shared hosting, paid design, fewer paid plugins and services).
Custom WooCommerce – $5000 – $10,000 (Managed WordPress hosting, custom eCommerce design, paid plugins and services).
WooCommerce Enterprise – $10,000+ for (Paid plugins and services, dedicated hosting servers, custom design, and functionality)
Shopify – $1,000 – $10,000+ (If you generate more sales and use a third-party payment solution, your fees will skyrocket.)
BigCommerce From $1,000 to $10,000 and up (As you earn more sales, you’ll be prompted to upgrade your plan, which will raise your prices.)
We hope that this article provided you with a solid notion of how much an eCommerce website costs in real money. We advise being frugal and only spending when absolutely necessary for your business.