How much does it cost to make an online store?

Online store

In the middle of 2022, it is not necessary to have a large infrastructure if we want to set up our own store. Fortunately, electronic commerce is a reality that millions of entrepreneurs and medium-sized entrepreneurs have benefited from. Getting started in this world is easier than you think, the reason is simple: you can sell whatever you want and easily get paid for it!

Although thousands of people indeed sell products and services from their social networks. Without a doubt, the most efficient way to run an online business and make it profitable is to create an online store. There is no specific amount regarding the cost of making one of these stores. But don’t worry, in this article, you will know the answer.

Table of contents: 

  • Average costs to make an online store

  • What does the creation of an online store include?

  • Who to hire to create an online store

 

Average costs to make an online store 

There are several ways to create an online store, the easiest is through platforms such as Shopify or Woocommerce, where for a modest price you may configure the online store without major problems.

Although, it is also an option to hire an Agency like Axiomacero expert in web development that can design, create and manage it from scratch. However, it is a much more expensive alternative, but which, for reasons of autonomy, many choose to choose correctly.

So, these are the two most popular options for making an online store.

  • Through an eCommerce platform

When it comes to creating an online store, this is by far the most popular and easiest option. These platforms are designed to provide all the tools required to run an online store efficiently.

Basically, you can set up your own business in a short time by contracting any of the plans that these platforms offer in their catalogs. To mention some of the most popular: Shopify, Woocommerce and Magneto.

These options are cheaper than the rest and their services include: sales tools, integrated payments, security certifications, and more.

Although no previous experience is necessary, it is recommended to hire an Agency specialized to maintain the store on a regular basis.

The average cost in this type of platform is from 900 to 2,500 USD.

  • Hiring a web development team

In this case, it could be a freelance team or a web development agency like Axiomacero.

This option is more complex and expensive, since it involves creating the store from scratch with all the tools that are required. Of course, the result is usually much more amazing. But for relatively small stores, the investment cost makes it an unviable option.

It is important that the team or agency you choose is efficient enough to guarantee a good job. Another important point is that prices will vary depending on the country where you are and the technical requirements of your store.

But here is an average: 3,500 USD for small stores and up to 8,000 USD, this can vary depending on the type of company and its needs.

 

What does the creation of an online store include?

Opening an online store is not as easy as it seems, when creating it, there are many aspects that you must take into account. For example:

  • Design 

Of course, this is the most important point, it is what will allow you to stand out from the rest. In the case of platforms like Shopify, they already come with hundreds of templates and customization. The simplest ones are free, but the most sought-after ones can be worth up to 300 USD.

Now, in case you hire a development team, the prices can vary from 3,000 USD and up.

  • Customized features

Depending on the requirements of your store, you may need specific functions. If you have hired a template on platforms like Shopify, it is likely that they already have them included. However, in some cases you must hire a developer to adapt them to the style of your store.

  • Server or hosting

SaaS platforms offer hosting plans that can range from 30 to 50 USD per month. If you want a more specialized one, then prices could range from 300 USD. Let us remember that the hosting or hosting service determines the limits of traffic or transactions in your virtual store.

  • Maintenance  

It is not only about creating an online store; there must be constant maintenance in order to obtain positive results. These expenses do not only translate into the cost of the domain or the monthly payment of your package on SaaS platforms, it is also about marketing or administrative costs.

Who to hire to create an online store

Once you have an idea of the prices involved in making an online store, here are some options of who to hire to do it.

  • Freelancer

A freelance developer is an alternative has become very popular, since it would mean a midpoint between a development agency and an eCommerce platform. Prices for making a shop usually vary between 500 and 1000 USD. But, there’s also a possibility certain for risks. We recommend using platforms like Upwork or Fiverr, where their reputation is verifiable.

  • Development agencies such as Axiomacero

They have a higher level of reliability but are usually much more expensive. The best part of it is you’re able to design your store exactly as you imagined it. In general, you can be aware of the entire process since they serve as a companion in the creation of your business.

  • Specialized eCommerce agencies such as Axiomacero

If you have the budget, this option will give you much higher guarantees. Well, they not only take care of the creation process, you can trust the administration and management of the store if you prefer. But, as we mentioned above, the average cost exceeds 20,000 USD, a bit expensive for small entrepreneurs. 

By the way, if you go for a platform like Shopify, it is advisable to look for an agency specialized in Shopify. There are many agencies in the market, and some are specialized in positioning this type of store. It is a viable option to take into account analyzing the cost/benefit ratio with custom development.

In conclusion, hiring an expert agency is the best option to achieve a well-structured and optimized online store. Whatever your goals, you will have the support of a professional team that can provide you with concrete solutions.

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