Ecommerce website cheap ecommerce website designer
by webpadi
Ecommerce website cheap ecommerce website designer
After our articles on how much does a WordPress website cost, and how much does it cost for a custom WordPress theme, many of you asked us to write about how much does an eCommerce website cost?
Knowing the cost of building an eCommerce website is important because it helps you calculate the investment you will need to start your new online business idea.
The challenge is that there are many factors involved in making an eCommerce website, and all of them will affect the overall cost of your business.
If you don’t have a clear action plan, then you can easily end up overspending. But don’t worry, we are here to help.
In this article, we will break down all the information to give you a clear idea of how much does an eCommerce website cost. We will also show you different ways to avoid overspending and maximize profits.
Ready? Let’s get started.
How to Calculate the Cost of Building an Ecommerce Website?
The best way to calculate the cost of building an eCommerce website is to compare different eCommerce platforms, tools, add-ons, and additional services that you will need based on your business requirements.
This is the only way that will give you an accurate cost of an eCommerce website.
Since there are multiple ways to create an online store, most online eCommerce website cost calculators end up being completely inaccurate (so it’s best that you avoid them).
To keep this article focused, we will break down our eCommerce cost analysis into the following major expenses:
How to Calculate the Cost of Building an Ecommerce Website?
The best way to calculate the cost of building an eCommerce website is to compare different eCommerce platforms, tools, add-ons, and additional services that you will need based on your business requirements.
This is the only way that will give you an accurate cost of an eCommerce website.
Since there are multiple ways to create an online store, most online eCommerce website cost calculators end up being completely inaccurate (so it’s best that you avoid them).
To keep this article focused, we will break down our eCommerce cost analysis into the following major expenses:
Payment Processing
Many beginners don’t look at payment processing fees when choosing an eCommerce platform. This can have a serious impact on your business because it will significantly increase your costs and lower your profits.
Let’s see how different eCommerce platforms handle payments, and how much it would cost you to accept payments from your customers.
By default, WooCommerce supports PayPal and Stripe payment gateways to accept credit card payments. You can also choose from dozens of other payment services which are available as extensions.
You will only be paying the processing fees to the payment gateway service you choose. Each one of them has different rates for different regions, currencies, and services.
Another advantage is that WooCommerce has extensions and integrations available even for some lesser-known regional payment services. This is a big advantage for eCommerce websites catering to customers in specific countries.
Using WooCommerce, you can compare the rates for different payment services and choose the best option for your business.
WooCommerce also does not put a cap on how many sales you can make on your website. This gives eCommerce websites the freedom to choose their payment service and not pay any overage fees.
WooCommerce payment processing costs:
Payment processing fees vary depending on the payment gateway, currency, and region. Here is a quick overview of popular payment gateways in US dollars.
- PayPal: 2.9% + $0.30 for transactions over $10
- Stripe: 2.9% + $0.30 per transaction
- Authorize.net – 2.9% + $0.30 per transaction + $25 monthly fee.
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