Explained Simply15th November 2024
Do you remember the days when people used to hang out, especially when shopping in the street? But now things have changed. The development of technology has laid an undefined foundation for users and businesses and entrepreneurs. Yes!! It’s exactly e-commerce that is booming in the online marketplace. Right from buying a napkin to spices, everything is turning online. To make the buy and sell of the business what one needs is an outstanding ecommerce website. But moving forward, one question that hits is the cost of ecommerce website development.
There are several ecommerce platforms available for ecommerce website development. Developing an ecommerce website provides an opportunity for businesses to sell their products where the users can purchase at ease. Before that one needs to consider the cost to build ecommerce website. The development process includes analysis, understanding the requirements, designing, developing, and testing. Businesses with their ecommerce platform can integrate with advanced features providing a seamless user experience to the customers. Let us understand in depth about cost of ecommerce platforms the factors associated with developing it.
What is the Cost of Ecommerce Website Development?
There are different factors where the cost for ecommerce website development may vary as per the requirements. Following is the cost breakdown of developing ecommerce website as per the need.
Cost Based on Type of Ecommerce Website
Different types of ecommerce website require different features. It may vary depending on the requirements and the type of businesses. The cost range of different type of ecommerce website includes –
Ecommerce website with Single Product: If a startup business, needs a basic ecommerce website with limited features then it costs around 25K to 50K
Small Scale Ecommerce Website: A small-scale business having 10-100 products comes under this category. The price ranges from 50K-75K and includes social media integration, product reviews & ratings, advanced design and features, etc.
Medium Scale Ecommerce Website: A medium-scale ecommerce website having 100-500 products comes under this. The cost for developing ecommerce website development for this category ranges from 80K to 3.5L.
Large Scale Ecommerce Website: Generally, businesses with more than 2K products fall into this category and also requires customized designing and features. This also needs some advanced features like multiple payment options, analytics and reporting as well as multilingual support. The cost of customizing ecommerce website under this category ranges from 1.5L to 20L or even more based on the requirements.
Cost Based on Type of Ecommerce Platform
Many businesses are not aware of the different ecommerce platforms. For developing an ecommerce website cost may also vary on the ecommerce platform you choose. Following is the cost for ecommerce website development based on the type of platform.
Shopify: If you select Shopify development for your ecommerce website then the cost may range from 50K to 2.5L. The cost is based on different factors like customization, payment integration as well as theme selection.
WooCommerce: Based on the requirement the cost for ecommerce website development using WooCommerce costs around 50K-2.5L. Also with this different factors are associated with varying price ranges. Some of them include plugin integration, theme selection, customization, and payment integration.
Magento: Magento is an advanced alternative to develop an ecommerce platform for business with large requirements. The cost for ecommerce website development using magento ranges from 1.5L to 20L. There are various factors that affects the cost like plugin integration, payment gateway and many more.
Also Read : 5 Ways an eCommerce Mobile App Development Company Can Boost Your Sales
Key Factors Associated with the Cost for Ecommerce Website Development
Design is one of the important aspect when its about eCommerce. Significantly it must influence the user experience and ultimately increase the conversion rate. So here are the factors that affect the cost of Ecommerce website development.
1. Templates Vs Custom Design
There are many ecommerce platforms that offers a wide variety of ready to use templates that can be customized at some extent. This templates creates a cost effective designing plan. In case to have a unique look with more design elements, one can prefer custom designs but it may affect the cost.
2. Design Responsiveness
Having a responsive ecommerce website is a must and cannot be considered as optional. This means that it should be working on different devices. There are also responsive templates available in the online marketplace but having a customized one can impact of the cost of development.
3. User Experience
A good UX shows that how user is interacting with your ecommerce website and getting more engaged. One needs to consider this for ecommerce website development. Different elements like loading speed, easy checkout process, navigation creates a great impact on user experience. Having a specialized UX design with custom work may affect the overall budget of the development cost.
4. Know Your Brand
Just creating an ecommerce website doesn’t work out, To make your business grow and making it trustworthy among customers help you create your brand name. Hence, along with the development, branding is an important factor that includes customized logo, typography that affects the cost as well.
5. Payment Integrations
To allow user to do online payments, ecommerce website needs to integrate with payment gateways. There are platforms that has additional payment gateways as well. This may often charge with the transaction fees. Hence, it may also affect the overall cost of the ecommerce development.
6. Integrating CRM & ERP
In order to streamline the sales & marketing process integrating CRM & ERP is a must. For integrating these options it requires expertise and hence affects the cost of developing an ecommerce website.
7. Specialized Add-Ons
There are specialized add-ons required depending on the business requirements. Consider an example, if you are selling with customized products. Hence for this you need a customization tool where the user can get customized options with the features they need. To increase subscription to your platform, it requires an add-on of subscription management that is an additional cost. Similarly, there are also other add-on features that can be integrated and impacts the cost of development.
Before integrating the add-ons it is important to understand their value on your platform as it is going to reflect with overall budget as well. It is not necessary that all ecommerce websites needs integration.It depends on the typeof ecommerce business, need, goals and then choose the right one.
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Conclusion
This shows an overview of the cost regarding the ecommerce website development as well the factors that influence it. There are significant factors that affect the cost that includes designing, user experience, payment integration, branding, integrating CRM & ERP and having specialized add-ons. During the development of ecommerce website, one needs to keep in mind – it is an investment to the future of your business. Hence, it is important to balance the development cost with initial investment.
There is no fix range or cost to the question – what is the cost of ecommerce website development? To develop a feature rich ecommerce website for your business, connect with an ecommerce development company that will foster you with their knowledge & help to make your business go online. Ultimately, one must consider the goal towards their business by identifying the business needs that aligns your budget and makes an engaging platform for your customers.
Frequently Asked Questions
There are several factors that affects the cost of ecommerce development. It depends on the factors like type of ecommerce platform you choose, design, payment gateway integration etc. Other add ons like advanced search options, security measures, integrating with other system, its responsiveness etc. Atlast, security, maintenance and marketing requires skills and expertise and hence this influences the cost to build ecommerce website.
For a startup business, a basic ecommerce business can cost from $2,000 to $20,000. No matter the platform you choose including WooCommerce, Shopify etc. Mainly the cost depends on designing, number of products, and marketing. For an initial startup business, this budget is affordable and other ongoing expenses includes website maintenance, updates & platform fees.
Shopify: Including the transaction fees shopify development charges from $30-$300. This platform can be set at ease but has monthly cost as well
WooCommerce: This allows to install wordpress for free but has different cost breakdown. Hosting costs from $10-$50/month, domain may cost upto $20/year.
Each ecommerce platform has its benefits that affects the cost based on customized requirements.
Yes, as per the customization the cost of development can increase. When you prefer to get customized options, this means they are not pre-built. They are to be designed & developed by experienced developers and designers. Along with this, it requires additional time which increases the overall cost. Customization like custom themes, unique checkout flows, and advanced filter options increases initial development & also maintenance cost as well.
Adding advanced features in ecommerce website may increase the cost depending on complexity & functionality of the project. Basic features like social media integration, and customer reviews can cost around $1500-$10,000. WIth more advanced features like AI-recommended products, multi-language support can rise above $20,000.
No matter whatever is the size of the project is, a professional ecommerce website developementstarts from $6000-$50000.This all depends on the complexity and the features to be integrated. If you hire a freelance developer it can cost around $2000-$25000 which includes everything right from design to ongoing support.
Yes, there are ongoing cost after development of the ecommerce website. Once developed with an ecommerce website, there are other ongoing cost. These includes web hosting, domain name, payment processing fees, marketing cost and also the maintenance of ecommerce website.
There are different factors to consider for the cost of ecommerce website project. This includes designing, development, type of platform used, web hosting, ecommerce website maintenance and lastly marketing of your ecommerce website.
