An online store is one of the best solutions to overcome this obstacle, but before initiating the setup of your online business, there are some questions regarding that.
How much does it cost for a WordPress e-commerce website? The cost of an E-commerce website depends on which platform you use for developing your online store. Are you using CMS platforms like WordPress, Shopify, and magenta or you are hiring a web development team?
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In fact, it is estimated that by 2040, 95% of all shopping will occur through eCommerce platforms. In the US alone, eCommerce retail revenue is projected to surpass $735 billion by 2023.
To succeed in the world of eCommerce, you first have to build a custom eCommerce website. The cost of a WordPress e-commerce website can vary widely depending on a number of factors, including the complexity of the website, the number of features and functionality you need, and the amount of customization you require.
Estimating the cost of an eCommerce site is a crucial step when starting an eCommerce business. Doing so will help you anticipate how much you’ll need to spend. Calculate your budget, we will show you how much it costs to build a barebones eCommerce website.
WordPress doesn’t come with built-in eCommerce functionality. However, the free and widely popular WordPress plugin WooCommerce lets you add eCommerce functionality to your website.
Here are some cost considerations for setting up a WordPress e-commerce website:
Domain and Hosting:
You will need to purchase a domain name (typically around $10 to $15 per year) and select a hosting provider (ranging from $5 to $30 per month, depending on the hosting package and provider).
CMS & WordPress Theme:
A WordPress website can also be used for an eCommerce store. WooCommerce, one of the most popular eCommerce plugins developed for WordPress, powers the 26% of the top 1 million eCommerce sites on the internet.
There are both free and premium WordPress e-commerce themes available. Free themes can be used, but premium themes generally offer more advanced features and customization options. Premium themes usually range from $50 to $200, depending on the theme’s quality and functionality.
Plugins and extensions:
To add e-commerce functionality to your WordPress website, you’ll need an e-commerce plugin such as WooCommerce, which is free to use. However, additional extensions or premium plugins may be required for specific features, which can range from free to a few hundred dollars.
Website Design and Development:
If you have web design and development skills, you can create the website yourself. Otherwise, you may hire a professional developer or agency to design and develop your e-commerce website. The cost can vary significantly depending on the complexity of the design and the hourly rates of the professionals involved. It can range from a few hundred dollars for basic setup to several thousand dollars for a fully customized and feature-rich website. The cost of this can vary widely depending on the complexity of the work.
The cost of the actual eCommerce website development and/or theme creation can run you anywhere from $250 to $20,000, depending on the intricacies and features that you want to have implemented.
Payment Gateway and SSL Certificate:
If you plan to accept online payments, you may need to integrate a payment gateway such as PayPal or Stripe. Some gateways may have setup fees or transaction fees. Additionally, you’ll need an SSL certificate to secure your customers’ payment information, which typically costs around $50 to $100 per year.
Copywriting Services and SEO:
SEO stands for Search Engine Optimization, and it is a series of on and off-page content tweaks coupled with link building efforts that directly impact your standing on popular search engines like Google.
It’s a good idea to optimize the site for SEO as it is being built and to write your content with an SEO plan in mind. You’re also going to need a team of SEO experts working together to ensure that you’re optimizing the site the right way.
Copywriting costs anywhere from $50 to $500 per page, while SEO is an ongoing process that typically runs between $300 and $2,000 per month.
Ongoing Maintenance and Support:
Your site will eventually need maintenance. Plus, as time goes on, you’re going to want to update the site elements, adding new and exciting features for your audience based on their preferences.
If you want a high-quality site that’s built by experts and will look great and function perfectly, expect to pay at least $600.
Overall, the cost of a WordPress e-commerce website can range from a few hundred dollars for a basic setup to several thousand dollars for a more complex website with custom features. It’s a good idea to set a budget and shop around to find the best value for your money.
Do you have any questions about how much to pay for an eCommerce website? Ask away in the comments!