How Much does an eCommerce Website Cost?
This year, a lot of companies decided to open an online store. In fact, one of the most common reasons people use the Internet is to make purchases online. According to Statista, global retail e-commerce sales reached $3.53 trillion in 2019 and are expected to reach $6.54 trillion in 2022. The rate of eCommerce web design India is affordable and pocket-friendly.
Consumers like to shop from the convenience of their homes since modern society is so focused on convenience. An eCommerce website may help anyone, whether they are a little business or a major corporation. We offer some explanations on why eCommerce is significant and how you can profit from going online if you are still on the fence about opening an online business.
The eCommerce website package pricing in India will range from $5,000 to $200,000, and in some cases even more. But FODUU’s eCommerce web design services start at 7,999 INR or $299 with satisfactory features and more.
What is an eCommerce website?
An eCommerce website enables customers and businesses to buy and sell tangible things, services, and digital products, just like in a typical brick-and-mortar store. Through an eCommerce website, a company can handle orders, receive payments, control shipping and logistics, and offer customer care.
Importance of an eCommerce website
A website is a great method to expand your audience and draw in new clients as you grow your business. Once your eCommerce website is operational, you may reach out to customers anywhere in the world to sell your goods and services, regardless of distance or time zone.
- Raise your traffic and sales to increase your income
Increasing your reach will result in more traffic, which will boost your income. Due to convenience and everything being accessible with only a few clicks, your website can help you generate more sales online in addition to your physical store.
- Scale your website quickly
By expanding your product line and target market as your company expands. With an eCommerce website, you can grow your company virtually by adding new product lines, payment methods, and shipping options without having to worry about expanding or moving into larger spaces like you would with a real store.
- Long-term lower setup and operating costs
An eCommerce website may be put up for a lot less money than an offline business, and the entire sales process can be automated online. As a result, you may cut back on employee salaries as well as other business expenses like rent and power. Additionally, you can save money here, which you can use to expand your eCommerce site and product line.
- Gives you more marketing opportunities
One of your best tools for marketing is your website. You increase the likelihood that search engines will see your website by using simple marketing strategies.
Features of an effective eCommerce Website
Having easy-to-use navigation
Users are less likely to stay on your website for long and make a purchase if they can’t readily locate what they’re looking for. As a result, your website’s navigation should be simple and clear. Additionally, consumers can navigate through various product categories thanks to a simple menu.
Layout that is responsive to mobile devices
More than 70% of visitors to your website come from mobile devices, and 60% of customers are more likely to make a purchase from a responsive website. Thus, having a responsive eCommerce site helps boost visitors and conversions.
Features that make it simple to add items to the cart and check out
If you want to increase conversion, you must have visible checkout and cart buttons that are simple to use. The name, price, and quantity of the product should all be readily visible as a consumer clicks on their cart. They should be able to keep their cart so they may return to it later and add, remove, or change things right away.
Multiple security features
The security of your website and customer information must be given top priority since you will be managing a lot of sensitive user information like credit/debit card numbers, emails, etc.
Things to consider before building an eCommerce website
What kind of Internet store do you anticipate having?
The kind of Internet store you’re planning is crucial to the construction process. A store that offers goods is distinct from one that offers services. How many distinct goods or models will be available in your online store, if you plan to sell products? Are you selling to consumers or other businesses (B2B)? During this phase of planning, be as explicit as you can. Various services or goods could require different features in your online store. You can use these requirements to shorten the list of potential ecommerce systems. Will you, for instance, require a store that speaks several languages? Or do you need a store?
You can use these requirements to shorten the list of potential eCommerce systems. Will you, for instance, require a store that speaks several languages? Or will you require a store with a unique login process?
Research on rivals and the intended audience
To find out who you are up against and how to differentiate your company, research your competitors. To understand market realities and build your business strategy for operational procedures, marketing and sales efforts, and financial planning, a survey may be of great value.
Will you be selling your goods online? Or do you already operate a physical location?
Particularly in 2020, many physical stores are expanding online. In addition to having a physical storefront, selling things online enables small businesses to expand internationally and/or gives customers the option to buy online and pick up in-store (BOPIS). Both of these possibilities can increase a company’s market reach, but you should also bear this in mind when searching for an e-commerce solution.
Online product sales also need to handle delivery and inventories (more on this in a bit). Look for an eCommerce platform that will interact with your inventory management system if you already have one that functions well, unless you’re willing to make the necessary changes.
What is the cost of developing an online store?
It’s very easy to get sidetracked by all of the various custom design and feature options once you start looking into eCommerce solutions. This is why it’s crucial to set your eCommerce development budget in stone in advance.
What features are a must-have? Which extras are desirable to have? Make a list, and then follow it to stay within your budget.
What shipping alternatives do you have?
When your online store starts, it’s time to consider the delivery alternatives you wish to provide. How well are you able to handle shipping requirements? Will you handle shipments internally or through outsourcing? Do you plan to offer international shipping? What you choose to contribute is entirely up to you. You should also take comparable factors into account when it comes to your online store’s payment alternatives.
How are eCommerce costs calculated?
The total cost of developing an online store depends on a wide range of factors. The average cost to set up an e-commerce store ranges from a few hundred dollars for some to tens of thousands or even several hundred thousand for others. In India, it varies from 1,00,000 INR up to 10,00,00. FODUU offers the best eCommerce web design starting at 7999 INR. With a team of experienced web developers, we win your market.
The following are things that you will need to pay for:
Cost of a domain name
If you can’t afford to pay for several years in advance, your domain name will cost you money every year. According to GoDaddy, the price of a domain name ranges from $2 to $20 per year. The cost varies depending on where you buy it and the domain extension you choose, like.com or.shop. Typically, buying at an auction or from a private seller will cost more.
Online Store Hosting
The next step is to choose a web host after you’ve registered a domain name. Web hosting is included with the subscription for cloud-hosted products like BigCommerce and Shopify. You won’t have to look for or manage third-party hosting, so that saves you time.
The price for self-hosting an e-commerce store varies from $80-$730 a month and is determined by the volume of traffic the store receives, the features it offers, and automated services like site backups.
Cost of an SSL Certificate
The cost of an SSL certificate varies from $20 to $70 per year. The security over a network that you’ll need for customers to access and purchase on your website is provided by this, even though it may be one of the more expensive components of your online business. An SSL certificate may occasionally be used by search engines as a ranking factor. Additionally, keep in mind that certain hosting services include this in their charges.
Processing fees for payments
The expenses related to processing payments are simple to miss, but they can quickly mount. The cost of payment processing varies depending on the payment methods you want to accept at checkout, such as PayPal or other credit cards, the currencies you’ll accept, and the geographical areas where you’ll be selling.
Each payment gateway you want to provide will require fees from you. Here’s an illustration of how it works:
- 2.9% plus $0.30 for PayPal transactions over $10.
- 2.9% plus $0.30 per transaction for Stripe.
- 2.9% + $0.30 per transaction + $25 monthly fee for Authorize.net
Theme and design fees for stores
You can pick from eCommerce web design themes for all of the major e-commerce solutions. Some themes might not add to the fee you already pay to use the site, while others might cost between $60 and $200 per theme.
BigCommerce-hosted stores have access to a wide range of both free and paid themes. The most popular theme for BigCommerce, called Cornerstone, is optimized for sales and discounts, expansive catalogues, multipurpose use, and mobile, tablet, and desktop.
Plugin, extension, and add-on fees
There isn’t one eCommerce system that will contain everything you need for your online store, no matter how hard you look. This is where add-ons, plugins, and extensions — along with their associated costs — come into play.
Ecommerce Website Cost in India
Depending on the features you require for your business to succeed, you may be able to establish an e-commerce website for less than $1,000. An online store has many various features, so you may pick and choose the things you need and simply pay for them.
You won’t be unpleasantly startled by the upfront fees or ongoing expenses if you undertake the task in advance. Putting your company online offers an excellent opportunity to expand your audience and boost revenue. Do the math right now and assess whether your company will profit from the investment.
FODUU will fit into your budget and your mind if you are looking for the best eCommerce website design company in India. Our eCommerce website price in India starts from Rs 7999/- or $299. Contact us today!
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