Ecommerce Website Cost: Complete Pricing Guide (2022)

This year, many businesses have decided to open online shops. Shopping online is becoming a popular reason for people to use the internet. Statista reported in 2019 that worldwide retail e-commerce sales reached $3.53 trillion. In 2022, online retail revenues are expected to reach $6.54 trillion. There are also costs involved in going online. We'll be discussing what to consider before you make any decisions and how to calculate the costs of your online store.

The following are things that you should consider before you create an ecommerce website:

A large part of your decision-making process is the actual cost of an ecommerce website. You want to make sure you choose the right ecommerce solutions for your business. You won't have to pay for any add-ons or extras if you already know what you need.

What kind of online store do you expect to open?

It is essential to consider the type of online store that you want. One store selling products will be different from one that sells services. How many products will your online store sell? Do you sell to businesses (B2B) or consumers (B2C)? During this phase of the planning process, be as specific as possible. Different products and services may require different features for your online store. These requirements will help you narrow down your choices of ecommerce platforms. You might need multiple languages, for example. The Oder, will you require a store with separate login capabilities?

Are you planning to sell your products online or offline? Do you have an existing brick-and-mortar shop?

In 2020, many brick-and-mortar stores will open online shops. Small businesses can sell products online and have a physical location. Customers also can pick up their goods in-store or online (BOPIS). While these options can help expand your business' reach, it is something you should keep in mind when searching for an ecommerce solution.

Selling products online means that you have to manage inventory and ship the goods. We'll get into this more shortly. If you already have an inventory management system that you like, you can search for an ecommerce platform that will work with it.

How much do you have to spend on ecommerce development?

It's easy to get distracted by the many custom design options and features available when you start researching ecommerce solutions. It is essential to set aside a budget for ecommerce development. You can also hire an e-commerce web developer for advanced services.

Which features are essential? What add-ons are you interested in? Please make a list and stick with it to stay within your budget.

What shipping options do you have?

Now is the time to start thinking about shipping options once your online shop opens. How capable are you of handling shipping? Do you outsource shipping, or do you manage it in-house? Are you able to ship internationally? You can offer whatever you like. Similar considerations should be made when you consider the payment options for your online shop.

How do you calculate Ecommerce costs?

The overall e-commerce website & development cost of setting up an online store depends on many factors. Some ecommerce stores can be set up for as little as $100, while others can run into the thousands or even hundreds of thousands.

These are the items you'll need to pay for:

• Software for E-commerce.
• Domain name.
• Hosting for ecommerce.
• SSL certificate
• Payment processing costs.
• Choose a theme or design for your store.
• Extensions and add-ons
• Infrastructure costs

Software for Ecommerce is expensive

Prices for ecommerce solutions vary depending on the features they provide, their software, and their level of customer service. With PerfectionGeeks you can get professional web design services. There are many platforms available, so choosing the right platform is essential in setting up an ecommerce shop. Let's look at some platforms that you might want to consider.

BigCommerce

BigCommerce is a leader within the ecommerce market. It is easy to use and feature-rich and can help businesses quickly get up and running.BigCommerce offers a simple user interface that allows you to create beautiful websites, even if it's your first time. Once everything is set up, BigCommerce makes it easy to create a shop page that allows you to add products and manage orders.

BigCommerce headless offerings are another potential benefit from a backend user perspective. BigCommerce offers plugins for many frontend content management systems (CMS) and DXP systems such as WordPress, Bloomreach, and Drupal. If you are already using one of these systems to manage your website, you can connect BigCommerce to the backend and use the same system on the front.

SaaS platforms offer high performance, and you don't need to change hosting providers when your business grows.

Magento

Magento has both cloud-hosted and on-premise options. However, many businesses are also turning to SaaS models for continuous updates, including security patches. Magento doesn't come with any training wheels. There are no on-site experts to help you build your website. To build your site, you will need a developer or team of developers, a hosting partner who can host it, and someone to integrate your tech stack.

Magento's learning curve is steep even after you have it set up. Magento's flexibility can be a problem for users newer to the platform who aren't capable of navigating its complexity with minimal difficulty.

Shopify

Shopify stores are a good option for brands just getting started in ecommerce. BigCommerce is a popular choice for established brands, those looking to grow, and those with more complex needs.

Shopify was created to meet the needs of small businesses that want an easy way to set up online shops. It's easy to create a website using drag-and-drop features, even if you have never worked with code. A simple website can be built quickly. However, advanced features and apps will require additional code or customization.

Domain name prices

If you cannot pay upfront for several years, your domain name will cost an annual fee. According to GoDaddy, a domain name can be purchased for $2 and $20 per annum. It depends on the extension you choose, such as.com/.shop. It is usually more expensive to buy from a private seller than from an auction.

Hosting for e-commerce

After registering a domain, it is time to search for a web host. BigCommerce and Shopify offer web hosting as part of their subscriptions. This means that you don't need to search for third-party hosting and deal with the difficulties of managing it.

Self-hosting your ecommerce store costs $80-$730 per month. This is due to the traffic and features of your site and automated services such as site backup.

SSL certificates are expensive

The cost of an SSL certificate is between $20 and $70 per year. Although this is one of the most expensive parts of an online store, it will provide customers with the ecommerce security and network necessary to shop on your site. Search engines may use SSL certificates as ranking factors. It would help if you also remembered that some hosting solutions include SSL certificates as part of their fees.

Payment processing costs

Although it is easy to forget about the cost of payment processing, they can quickly add up. The type of payment you choose to accept during checkout (e.g., PayPal or other credit cards), the currency you will use, and the region where you plan on selling your products are all factors that affect the cost of payment processing.

Each payment gateway that you offer will have fees

Design costs

Your ecommerce store design should reflect your brand. This will ensure that customers return to your site again and again. There are some costs associated with designing your online store.

Design and store theme costs

There are many ecommerce themes available for all major ecommerce platforms. While some themes are free, others may cost you $60-$200 per theme.

BigCommerce hosts many premium and free themes. Cornerstone is BigCommerce most-loved theme. It is optimized for sales, discounts, large catalogs, multipurpose, mobile, tablet, and desktop.

Add-on, plugin, and extension fees

No ecommerce solution will provide everything you need to run your online business. Add-ons, plugins, and extensions are where the real value lies.

What is the cost of having an ecommerce site built?

The cost of an ecommerce website developer depends on what features you require to make your business a success. You might want to hire a professional ecommerce website design agency if you are looking for more traditional options.

These are some of the things that development agencies can do:

• Back-end web development
• Front-end web design.
• UI/UX design services
• Ecommerce services
• Mobile app design.
• Digital strategy
• Custom software development
• Although it may be expensive to hire an ecommerce agency, they will do the job for less than an in-house designer.

You Need to Be Aware of the Ongoing Costs of Ecommerce

While some costs associated with an online store can be considered upfront, others can be ongoing. These costs could be monthly, annual, or per transaction. You will most likely be able to forecast these costs every month or per year so that they are not unexpected.

Consider these ongoing costs associated with ecommerce functionality:

Data backups.

This will ensure that all information on your site is protected. You could lose customers and money if you don't regularly back up your data. The size of your site files will determine the cost of data backup.

Inventory management

Inventory management. An online store will have inventory and shipping costs. Security.

Security software. This will protect your company and information from outside threats. This usually comes as a monthly subscription fee.

Email marketing

Maintaining your revenue stream can be as simple as regular communication with current and potential customers. Depending on how extensive your email list is, some email marketing solutions might offer free plans or monthly fees.

Marketing products

A budget is required for other digital marketing efforts, such as SEO, PPC ads, and social media. Product marketing can increase brand awareness and drive traffic to your online shop.

Conclusion

An ecommerce website can be launched for as low as $1,000, depending on what features your business needs. An online store offers many features to choose what you want and only pay for the items.

You won't be surprised by the initial or ongoing costs if you do everything upfront. An online business can help you increase your sales and reach new customers. Do the math now to determine if the investment is worth it.PerfectionGeeks is regarded as the best ecommerce web design company where we have served millions of clients all over the world.

FAQs on E-Commerce Prices

What is the cost of starting an ecommerce shop?

The e-commerce website cost of setting up an online shop depends on your business needs and any extras you want. While some ecommerce shops can be set up for as little as $100, others may cost thousands or hundreds of thousands.

These are the items you'll need to pay for:

• Software for E-commerce.
• Domain name.
• Hosting for e-commerce.
• SSL certificate
• Payment processing costs.
• Choose a theme or design for your store.
• Extensions and add-ons