It is no doubt that Magento is one of the most prevalent e-commerce platforms nowadays. It is trusted and used by roughly 25% of total online store owners around the world (equivalent to around 150,000 shops). There are a variety of reasons for choosing Magento as a solid foundation to start online business. First and foremost, the popular Magento Community Edition is open source – Free. Secondly, Magento provides a great deal of simple and easy-to-use features and a flexible content management system. Especially, its advanced SEO support function will help enormously to get high ranking for your products on search engines. Thirdly, Magento is a powerful blend of highly scalable design and a wide support network. You can find help anywhere since there is a large community of Magento developers worldwide.
However, to decide whether Magento would be a right match for your future store, you have to consider carefully about the cost to build a Magento website besides comparing it with other platforms. Is it suitable for your start-ups or large firms only?
In this article, we will help you to discover the current price ranges of creating a new site based on Magento on the market. First, let’s define exactly what kind of website you would like to build and then choose one of the following types:
Website with Simple functionality:
The main target of this type of website is to inform your customers and let them aware of your business existence. Therefore it just needs to display information about your business, products and services, which are presented on the About page, Homepage, the Services/Products page, and the Contact page.
Moreover, it’s worth noting that what you will get is a largely static website with no custom design. In other words, the developer will set you up with a CMS (content management system) like WordPress, create the necessary pages filled in with your content, and apply a pre-made theme for your website.
Website with Complex functionality:
This type of website usually incorporates a database and/or dynamic content. It includes general informative pages plus some more functional pages like Shopping carts, Product galleries, Blogs and News.
Besides, you can get a fully customized design backed by a CMS, which gives you an easier option for making changes to the content of the site. The cost depends on the graphic design skills of the designer, the level of browser compatibility, and the number of customized pages beyond the initial template.
Website with Highly Complex functionality:
This type of website would give you a fully customized website and many features like in the 2nd one plus some advanced functions. For example, it allows you to process consumer input, calculate something, and return analytic results (technically this is moving into the realm of web applications). What you will get is a well written, fully tested web application that goes well beyond the complexity of a basic CMS backed website.
After clarifying which type of site you want to build, it’s time a look at the estimated price ranges to build a Magento website in different regions:
Average Cost to build a Magento website in developed countries (E.g.: US, UK)
- Simple functionality: $3,000 to $5,000
- Complex functionality $5,000 to 7,000
- Highly Complex functionality: $7,000 to $15,000
Average Cost to build a Magento website in developing countries (E.g.: India, Pakistan, Vietnam)
- Simple functionality: $600 to $1,000
- Complex functionality: $1,000 to $2,000
- Highly Complex functionality: $2,000 to $5,000
As you can see the cost to build a Magento website is very flexible, ranging from $600 to $15,000. Besides the different level of functionality, the reason that leads to this huge price gap is the unequal labor costs. While you have to pay more than $100 per working hour for a developer in the US, it costs you only a half or even less for an East Asia developer to get the work done. If money is not a big problem for you, choosing a local partner might be a good idea due to better and easier communication. Otherwise, if you’ve started an online business with a constrained budget, we highly recommend you to try cooperating with an outsourced web design and development agency.
My Cost for Magento Ecommerce starts @400$ .
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