How Much Does It Cost to Develop an eCommerce Website?

The demand for an online store is indeed increasing day by day among users and business owners. Users want to spend their time on these eCommerce sites and shop online, where the business owner wants to promote their product and services online by developing an engaging eCommerce site for their business. 

According to a Statistical report, it is estimated that there will be 2.41 billion global buyers by 2022. The eCommerce market is expected to grow to $111.4 billion by 2025 from $46.2 billion in 2020. The stats mentioned above is enough to prove how promising online eCommerce is going to be. 

Many business owners are planning to shift their business online by developing an online store but confused about the eCommerce development cost. 

This blog will explain the estimated cost of developing an eCommerce site for your business. 

Crucial Factors That Determine The Development Of An eCommerce Website

The cost to design an eCommerce website varies from $20,000 to $2,50,000 or even more. The price depends on the complexity of the site, the platform you choose (Shopify, WordPress, Magento, etc.), the features you want to integrate, and the type of website development company you choose. 

1) Type Of Website You Are Choosing

a) Basic website: If you are a beginner and planning to shift your business online, you can go with a basic website. This type of website is simple and developed with basic features and design. The development cost of these websites varies from $20,000-$50,000 or even more. 

b) Mid-level Website: If you want to develop your website with mid-level features, including moderate features and functionality, the development cost will vary from $50,000-$1,00,000 or even more. 

c) Complex Website: If you are handling a big business or enterprise, developing a complex website can work wonders for you. You can add all advanced features and functionality to your eCommerce store. Implement a responsive theme with excellent UI/UX design. The development cost of these websites vary from $1,50,000-$2,50,000 or even more. 

2) Choosing The Right Platform

When developing an eCommerce store, you can take the help of different platforms like Shopify, Magento, or WordPress. These are the best tools that can make your eCommerce store unique in the online market. Choosing a different platform will vary in the development cost. 

When you go with WordPress, Shopify, or Magento, the price segment varies from $30,000-$3,00,000 or even more. It is the estimated cost and may vary depending on the features and functionality you want to integrate into your online store. 

3) Website Design & Graphics

When it comes to an online eCommerce website, you must develop the site with attractive design, graphics, and a good color combination. Design the website so that it looks appealing to the users. 

The development cost may vary between $10,000-$1,00,000 on an excellent website design and integrated graphics. 

4) Back-End Programming

An eCommerce website should be developed well. Thus, you need to modify the codes to make the site according to your business requirement. Many business leaders integrate their websites with free themes. 

If you want to make your business grow, you have to take this step seriously. You have to modify the site with back-end programming. Availing back-end programming from a well-known eCommerce development company may charge you between $20,000-$80,000 or even more, depending on the complexity. 

5) Content Management System (CMS)

A content management system is a dashboard where you manage all your content. It is the place where all your product and service details are stored. CMS plays a vital role in any eCommerce website. Integrating CMS into your website may cost you between $5000-$50,000 or even more. 

You can avail of eCommerce development services and integrate the content management system in your site by professional developers. 

6) Hosting

Hosting is a space where your entire data is saved and plays an important role in an eCommerce store. You should always select a reliable hosting partner for your eCommerce Store. 

Selecting a good hosting plan will cost anywhere between $1000-$10,000/year, depending on the features and functionality your hosting partner provides for your eCommerce store. 

7) Website Maintenance & Support

Developing your eCommerce store and making it live is not your final task. For a smoother performance and more extended durability, you must select the best eCommerce website development company that can provide yearly maintenance and support. 

In an eCommerce industry, the website maintenance and support costs vary between $5,000-$1,00,000/year. 

Conclusion

No doubt, eCommerce has a good scope in the future. Most businesses have already made their online store. If you are still running a traditional offline store, the twenty-first century is the right time to upgrade your business online. 

Hopefully, the above-mentioned factors have given you the estimated cost of developing an eCommerce store. Select the best eCommerce development company and streamline your business growth.