E-commerce development cost in 2019: set the right budget for your project

In this article, we’re going to analyze all the costs involved in launching and maintaining websites of various sizes to give you a clear idea about the cost of ecommerce website development.

So let’s check out some important aspects you need to take into consideration to determine the online store development cost.

The first thing you should consider is the size of your business. It is usually differentiated by the number of products and the amount of traffic that websites receive.

The next important aspect is an ecommerce platform. Whatever ecommerce platform you choose, most often you still need to hire a team with certain technical skills to be able to launch and maintain your online store. A developer can charge $10–250 per hour to develop an online store.

The design is also a crucial factor that contributes to the overall cost. Usually, the cost can range from $250 to $20,000 depending on the design’s complexity and requirements.

The greatest cost of an online store makes an ecommerce functionality. A successful retail company should provide the latest, efficient, interactive functionalities to navigate the website easily and find the products that the customers are looking for.

Web hosting cost is one of the easiest aspects to calculate when we talk about ecommerce website development cost. The costs start cheap and grow as your sales volumes increase. Expect to pay at least $20 — $350 per month.

The last and most important aspect is ecommerce developer rates. It depends considerably on the expertise and location of web developers. As a result, it can be charged between $5 up to $250 per hour.

In general, ecommerce websites are divided into three types: small-sized, medium-sized and custom.

Small-sized stores are built using the off-the-shelf theme and the cost of these websites is estimated between $2,000 and $15,000.

Medium-sized stores are stores that require customization and their cost is evaluated between $15,000 — $30,000.

What about custom stores, they are built from scratch without any ecommerce platform and their cost starts from $30,000.

But bear in mind, that all these estimates do not include upcoming monthly costs to maintain a site or extra costs such as marketing and branding.

What can be an excellent solution for launching an online store is using an ecommerce platform, as with the help of it, you can save money on store development.

There’re many ecommerce platforms available on the market such as Salesforce, Magento, Shopify, Hybris and lots more. But Magento is one of the most frequently used platforms for ecommerce business.

So how much does a Magento website cost?

Here are some insights on the average cost of a Magento website.

The first factor influencing Magento website cost is the design, especially the type of theme applied.You can apply readymade themes or custom design. The price is going to be at the range between $0 to about $450 for readymade themes. What about the price for Magento customization, it ranges from $1000 to $2500 depending on the complexity of customization.

Moreover, you need to hire a web design agency to design a store and prices for these services are very different, possibly reaching more than $10,000.

Custom functionality is the next important aspect of Magento-based ecommerce stores. There are websites with simple, complex and highly complex functionality.

Web hosting is pivotal to your business long-term success. You can pay approximately between $20 and $150 for shared Magento hosting and from $500 to $800 for dedicated servers.

And the last important aspect is the rate of Magento developers. The cheapest developers (South-East Asia, India, Pakistan) charge $10–20 per hour. The typical rates per hour vary from $20 to $60 in Eastern Europe ( Ukraine, Belarus) while in Western Europe (Germany, Netherlands, France) the United Kingdom and the United States of America it’s about $150–200.

So it depends on the level of experience and region of the developer.

Conclusion

As pointed out, there is a number of different aspects that influence the ecommerce website quote. Each business is different and has its own requirements regarding the website and its online presence. It’s important to gather all the requirements during the discovery phase and outline the business objectives of your ecommerce project.

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