Important Factors that Determine the Cost of eCommerce Website Development

Are you an aspiring entrepreneur looking for opportunities in the eCommerce domain? You are not alone. However, developing the right eCommerce website is crucial to benefit from this growing industry. An obvious question would arise in your mind: how much does eCommerce website development cost? You should know that the cost of developing an eCommerce website doesn’t depend on a single factor. 

There are many factors that affect the cost of an eCommerce website. It majorly depends on your requirements. For instance, a simple and small website created using a builder like Shopify can cost you less than creating a custom website using a platform like Magento. Also, the eCommerce website development company you choose can influence the cost.

It is not possible to provide precise estimates for the cost for an eCommerce website. The following are the key factors that influence the eCommerce development cost.

Key factors influencing eCommerce website development cost

Website type

There are many types of eCommerce websites based on different business models like B2B, B2C, and multivendor eCommerce websites. Feature requirements differ for various types of eCommerce websites. As a result, the eCommerce website cost varies according to which kind of website you are planning to develop.

Type of development

Another factor that influences eCommerce website development cost is the type of development. It means what approach you follow to develop your eCommerce website should affect its cost. It plays a crucial role in finding the answer to your question about how much it costs to develop an eCommerce website.

Primarily, you can choose between a prebuilt theme or custom web development. Let’s discuss them in some detail:

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Prebuilt theme vs. custom development

One of the simplest ways to create an eCommerce website is to use a prebuilt template. Indeed, you can choose from available paid or free themes to build a website quickly and cost-effectively.

The alternate way to build a website is by creating a custom theme that matches your unique business requirements. You can get a website that stands out from competitors and has top-of-the-line functionalities with custom web development. However, besides these advantages, the high eCommerce site development cost is the downside of this method. Creating a custom website is more expensive than one built with a prebuilt template.

Development team

Another key factor for eCommerce website cost is the development team you choose for your project. It affects the cost of building an eCommerce website because depending on whether you outsource the project or rely on an in-house team.

In the case of an in-house team, you need to spend on staff salaries, rent, equipment, and other operational charges. But, in the case of outsourcing your project, you simply pay for the services you receive, and all the things are arranged by your service provider. So, the cost of developing a website is higher for an in-house than outsourcing your project.

Final note

If you wish to create an eCommerce website, it’s no easy feat and demands a hefty investment. And the big question is about finding the probable cost of developing the site to set aside a budget. Unfortunately, without knowing your requirements beforehand, giving a proper estimation is like attempting a shot in the dark.

As you have seen above, the cost depends on multiple factors. But they are not restricted to the ones mentioned above; there are more, including the website builder (WordPress, Shopify, Magento, PrestaShop, etc.) you choose, and third-party integration also affects the cost.

Shopify has license fees, and Magento open-source is free. The average cost of an eCommerce website could be between $10,000 to $150,000 or more, depending on your requirements.

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