Cost of eCommerce Website Development: A Quick Breakdown
eCommerce Website Development
There are a lot of queries about the eCommerce website development cost, which is obvious because entrepreneurs are investing heavily in eCommerce. Knowing the cost of an eCommerce website is crucial as it helps you determine the investment needed to set up your online retail store.
However, you need to understand that the cost of an eCommerce website depends on multiple factors. As a result, there is no precise figure, but an estimation can be provided.
You can get a cost estimate from your eCommerce website development company based on your requirements.
Moreover, this blog provides a quick eCommerce website development cost breakdown to understand various factors affecting the cost.
Factors affecting eCommerce website cost
The following are some key factors that influence the cost of developing an eCommerce site.
Development approach
One of the key factors influencing the cost is how you develop your eCommerce website. The development approach can be using a prebuilt template or custom web development.
Prebuilt template vs. custom development
You can use a prebuilt template to build your website in the least time and cost. In this situation, you can choose from various prebuilt free or paid themes to set up your eCommerce store. It’s an easy process but doesn’t offer you a unique store with tailored functionalities. It’s usually a cookie-cutter website.
On the other hand, custom development is about creating a tailor-made eCommerce website that meets all your requirements and consists of unique functionalities. It helps you to build a website that gives you an edge over competitors.
The development approach plays a crucial role in finding an answer to how much does an eCommerce cost?
Third-party integration
Another factor to consider for the cost of an eCommerce website is third-party integration. You need to integrate third-party services like payment gateway, shipping, analytics, etc. These integration services may cost you a fixed amount based on your usage. Therefore, when calculating the eCommere development cost, you can consider third-party integration for end-to-end estimates.
Website builder
There are different types of platforms to create eCommerce websites; where some others require license fees, and others are free of cost. For instance, Shopify is a premium-based platform where you pay according to the plan you choose. On the other hand, Magento is an eCommere platform that is available for free because it’s open source. So, depending on which platform you choose, the cost of creating an eCommerce website will vary. You can consider this aspect to calculate your eCommerce website cost.
Let’s wrap it up!
Today, eCommerce has become a larger destination for investments. However, if you also want to invest in this business domain, you need to know what the cost is to build an eCommerce website. Determining the cost precisely is not easy as it depends on several factors such as your requirements, complexity, tech stack used, etc.
Moreover, if you want to develop a robust website, you can choose the right eCommerce development services to build a website that matches your business requirements. Moreover, an eCommerce website could cost between $10,000 to $150,000 or more, depending on your needs.
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