How Much Do Ecommerce Website Cost in 2020

How Much Do Ecommerce Website Cost in 2020

Businesses are moving to the ecommerce model to cater to the dynamic changes in the market. Moving your business online not only makes it more accessible to the target audience, but it also broadens your brand reach because of the potential of tapping undiscovered audience pools.

You’re now probably wondering what it takes to shift your business online. In this article, I will discuss the relative ecommerce website costs of moving your business online. I will highlight the tools and platforms that you can explore in order to pick the best fit for your requirements and technical skills.

Let’s look at some of the factors that influence the cost to build an ecommerce website.

What Platforms to Choose?

In the world of ecommerce, Magento is a favorite among business owners. The platform is ideal for stores that have high SKUs, and offer simple and easy inventory management. Magento is well known for its reliability and compatibility with the majority of hosting providers.

On the other hand, WooCommerce (perhaps the most popular WordPress plugin) is well known for the easy learning curve and the plethora of themes, and extensions available from official and third-party marketplaces.

Factors in Calculating Ecommerce Website Cost

A number of elements influence the cost of the ecommerce website. I’ve listed the most important factors that can hike up the cost of creating ecommerce websites.

i. In-House vs. Outsourced Development

The choice between in-house and outsourced development is an important decision that has a serious impact on the overall budget. An inhouse development team could get expensive very quickly, but has a quicker turnaround time. On the other hand, a remote software team or a freelancer is a relatively affordable option (depending upon location, experience and portfolio). However, the turnaround time and communication could be a challenge. This is the main factor that can influence your ecommerce website development cost.

ii. Complexity of Design

You’ll need to understand the relationship between the complexity of a website and how it impacts your ecommerce website design cost. To give you a perspective of the relationship between complexity and costs (and time), consider this:

A one-pager website (with five folds) is usually ready in a couple of hours. On the other hand, an ecommerce store takes a month or two to get out of the staging area. Given the effort involved, the cost of developing is generally proportional to the complexity and time frame.

iii. Choosing an Appropriate Hosting Solutions

The hosting solution is a serious cost factor that is very dependent on your business requirements. You have the choice of shared (not recommended for ecommerce websites), VPS and cloud hosting solutions and you should pick one that fits the requirements of your business operations and available budget.

If you wish to focus completely on your business and

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This article was written by Taha Qureshi and originally published on The Official Cloudways Blog.

Disclosure: Some of the links in this post are "affiliate links." This means if you click on the link and purchase the product, We may receive an affiliate commission.

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