It is a matter of question as to how to determine the cost of an ecommerce website development and how much does it cost to build a website of ecommerce shopping. With the popularity of online store websites, many businesses are trying to build ecommerce platforms.
The platforms turn out to be successful and bring in more sales to the businesses. Isn’t it a great strategy to reach a prospective market base? This is why so many entrepreneurs are looking forward to launching their ecommerce website. Are you on the lookout to create an ecommerce website for your offline business? There is no need to worry as we have produced a detailed analysis of the various factors that affect the costing to build an ecommerce website in 2021.
In this blog, we have paved the way for many business owners and entrepreneurs who are confused about the ecommerce website costing. After conducting the analysis, we will lay before the distinct factors relating to the ecommerce website, features, and how they determine the costing of an ecommerce web platform. Building a website from scratch is not everyone’s cup of tea. It requires effective planning, experienced developers’ skills, advanced technology, tools, and improved techniques.
Ways to consider the cost of building an ecommerce website
A number of aspects stand responsible when it comes to determining the cost of building an ecommerce website. As per the recent study, we have prepared a list of aspects such as design costs, hosting, add ons, extensions, payment processing costs, the complete cost of the website, and the maintenance cost of your ecommerce platform. Creating a website requires much expertise and most websites after completion cannot make up to the standard. So, in order to avoid ending up unwrapped, you need to consider the significant factors and proceed with taking ecommerce website development service from experts.
Check the list of third party solution providers required to build the own Online store,
Domain
SSL
AWS Server
SMS gateway - $50 per month (Based on the usage)
SMTP - $15 year month (Sendgrid)
Shipping gateway
Google analytics
Live support chat (Ex: Tawk)
Web push notification (Ex: Onesignal)
Cost of ecommerce website hosting
Web hosting is the fundamental requirement of every website, along with a domain name that represents your web address on the internet. While customers visit your site with time, your hosting cost will also begin to increase as you are required to upgrade the hosting plans as per requisite. For self-hosted eCommerce websites, it may cost $5 – $250 / month.
You can try with AWS cloud hosting, which is offering one year free with limited space. Then you need to pay based on the usage.
Website design costs
Giving your website the best design can lead you to step into significant competition in your business arena. Business owners can purchase premium templates and modify as required. Our company comprises website development and design team to assist you in completing the ecommerce website design.
The ecommerce store owners can opt for add-ons, features, and exclusive layouts. However, developers can provide the best website development and design experience with state-of-the-art technologies and aspects.
Need min 120 hrs to analyze and make the good design of an ecommerce website with all the main screens. It will cost around $1800 to $3000 USD to make the custom design alone. Suppose if you are going with open source CMS free templates, it won't cost anything except the customization development cost.
Payment gateway commission
The ecommerce merchant needs to pay for the specific payment gateway integrated to receive payments from customers on purchase. Different payment gateways have different costs for distinct regions. For instance, Shopify proffers its own payment solutions that are called Shopify payments. Prior to selecting the payment processing, you must consider the country and location and determine as per it.
The average payment gateway charge is 1% to 4% per transaction to ecommerce businesses. It depends on the country and gateway it varies.
Stripe and Paypal - They are charging 2 to 3% per transaction + Fixed price
Razorpay (For indian customers) - They are charging 2% per transaction. They are the best payment gateway for Indian ecommerce stores.
SSL Certificate
According to the SSL system, it assures effective security and protection against any kind of online threats from hackers. There are chances of information hacking during the interaction of your server and that of visitors’. With the implementation of the SSL system, you can transmit the coded data via HTTPS and then come back to information to the decoded one. In this process, it requires the installation of the SSL certificate. It is a type of virtual code that enhances the level of security it provides to your ecommerce website platform.
The three kinds of SSL certificate includes business validation, domain validation, and extended validation. With private data security, you provide a better user experience.
SSL certificates cost you around $15 to $50 USD per year. You can check with ssls.com which is best for startup businesses.
Costs of new features development
Ecommerce platforms don’t have integrated features into one software. Several features are scattered and have to be integrated into the system to build the ecommerce website. This can be done with the help of extensions and add-ons. With a view to resolving this issue, our company offers add-ons and extensions, enabling the core software to be extended with additional features and custom highlights. From the very outset, the ecommerce owner must consider the customizable features to be added for the platform’s functionality.
Read more: Ecommerce application development – An action to progress
The complete cost of building an ecommerce website
Subsequent to studying the aforesaid factors, it can be well-stated that before selecting an ecommerce website development plan, you must consider the cost of all above and then take service. In every step, you have the flexibility to select how much money is your budget and what features you want to spend on an ecommerce platform.
These are the market price to have the ecommerce website,
SaaS based ecommerce store - You need to pay the monthly fixed price + Commission per order. You need to worry about the development, design and maintenance cost.
Deploy the open source CMS website - There are many open source ecommerce solutions in the market such as Magento, Wordpress Woocommerce and Opencart. If you build the ecommerce website with open source CMS, it will reduce your design and development cost. The average cost of building the ecommerce website is $3000 to $5000 USD. Of course, You need to pay all other bills such as hosting, ssl, domain, SMTP, SMS, payment gateway and etc..,
Custom ecommerce website - It will cost you around $15,000 to $20,000 USD based on the efforts going into the design and development based on your scope + You need to pay all other third party costs.
Maintenance cost
A professional ecommerce website needs to be maintained to retain the popularity and online presence that it received online. Among the maintenance aspects, it covers data liability and security maintenance. Once an ecommerce platform is created and developed with robust techniques, maintenance to a certain extent becomes increasingly important. Website development can be an influential way to reach a vast customer base. But with website development, chances of online threats also increases. Thus security maintenance is of utmost relevance. With enabling security systems, you are able to protect and safeguard your ecommerce platform from online security threats.
Usually the development agency will cost 20% to 30% of project cost per year. While your online store is doing well, You can hire an offshore dedicated team to maintain the website and build the new features of the website to make the customer experience great.
What are the features of an ecommerce website platform?
Thus, a professional ecommerce website platform works upon a certain budget. Beginning an ecommerce website from scratch is equivalent to building an overall online ecommerce store. Coming to the technologies required to create such a platform, certain technicalities can be taken into consideration. For backend development, the technologies included are Laravel PHP framework, Django Python framework and Node.Js many others. In the case of front end development, the technologies include CSS, HTML, Js, React.Js, Vue.Js and many others.
A complete ecommerce business project is the assortment of various strategies, technologies, features, tools, and improved techniques. In this context, we have produced a list of significant features of an ecommerce website platform.
Products showcase page
From the very first view of your ecommerce page, customers are going to make an impression about it. The product list page can make your online business successful. Customers can easily browse products from the catalogue page. Filters, search category, and product listing can be implemented to make the customer experience better. All the processes should be user-friendly and easy to use.
User authentication
The user authentication page is created for the registration of the user. Under this section, the users are required to enter the valid data credentials, create an account with personal information, and sign-in with username and password.
Shopping cart
Every ecommerce website platform constitutes an “Add to cart” page. The ecommerce web development process is complex and it integrates various features to imply the platform’s functionalities. The customers can select items and add to cart for purchasing it. The moment the user adds the desired products to the cart, the items added shows up on this shopping cart page.
Product details
A product details page is equivalent to a product card. The product details page covers essential data about the product. For example, it contains product image, descriptions, features, highlights, and usability. Feedbacks to products can leave a great impression on visiting customers as they are going to check every nook and corner of the product before buying, credible feedback is an authentic prospect of the product.
Checkout section
Ecommerce platforms have checkout pages consisting of the payment gateway for customers. Payment is considered a serious matter and to be tackled securely. All payment methods are developed and integrated, making it highly secure so that you can stand reliable before the user. Several aspects of the website should be taken cared of. With a view to making the checkout page easier, it can be embedded with a minimum click and less loading times, and easy payment gateway. Reducing minimum clicks can drive more potential customers to your website. Many ecommerce solutions follow these rules.
All ecommerce operations are transparent along with the purchasing and checking out process. It is one of the effective ways to retain potential customers to the ecommerce business platform. On the checkout page, users should get detailed data on the number of products, product details and price they are purchasing.
Contact us page
A communication page not only adds credibility to the ecommerce platform but, it also enhances the authenticity of the online store. In case of emergency situations, users always look for ways to connect with you. This purpose is solved by the contact-us page of the ecommerce platform. One can integrate a fill-in box where the users can contact you by giving an email address, phone number, location and so forth.
About us page
In order to create your own business brand, you need to introduce yourself in short yet impactful words. Customers might be looking at your behind the scenes stories such as years of expertise in offering the services, quality of services offered, any awards, and achievements, and the nature of products.
Read more: How ecommerce solution helps your online business
FAQs customer general query
Customers can have natural queries relating to the delivery, products, order manuals, product details, quality assurance, the return of rejected products, payment, and many others. You must be prepared with answers to every question relating to the ecommerce platform’s products and so on.
Content management system
The CMS is regarded as the main administrative portal of your ecommerce platform. With the help of the control system or CMS, you can easily manage the orders, product catalogue page, and so forth. CMS is considered an important part of the ecommerce platform from where you can control most of the sections of the website.
Data liability
Ecommerce platforms ought to keep a record of the customer data and information. There are chances of the data breach and identity theft. Even after completing the ecommerce website, we maintain them by protecting from data breach and retain the platform’s visibility with digital marketing campaigns.
Conclusion
Are you looking to develop an ecommerce website? You are at the right destination. The process of beginning a website from scratch can be a very difficult task, but it can be implemented with the effective planning of the skilled developers and professionals. In addition to development, it combines exceptional designs, unlimited project scaling, and developmental strategies. Nextbrain is one of the leading ecommerce website development and app development companies in Bangalore, India
Saran
February 19, 2021 Author