Are you all set to leverage Magento 2 to scale your e-commerce business, but pricing is concerning you a bit? We feel you on that, and that’s why we’ve you covered. In today’s post, we’ll broadly cover how much it costs to build a Magento 2 website and clear up all the related confusion.
With each passing year, Magento’s popularity is increasing in the e-commerce industry. It has become many online store owners’ first choice because it enables merchants to tap into a host of available rich features, benefits, and extensive customization options, tailored to meet specific business needs.
Despite being currently preferred, used by almost 770,000 e-commerce entrepreneurs (globally and the number is ever-growing), and having power-packed customization capability, the cost of building a Magento 2 e-commerce site concerns many online store owners who are thinking of leveraging Magento 2. It has become a million-dollar question now.
As Magento development experts, when clients approach us for Magento-based e-commerce development or migration to Magento 2, they all ask the same question and, i.e., ‘how much does it cost to build a Magento 2 site?’ Luckily, we’ve always made sure to give them a convincing answer, and that’s exactly what we are going to do today via this post.
So, without any further ado, let’s get started!
Cost Range for a Magento 2 E-Commerce Website
Whether you are looking to build a basic Magento-based e-commerce store or an enterprise-level online store, Magento 2 has got your back. Here’s an overview of some of the cost range for a Magento 2 site based on the business needs. Identify which of these broad categories best describe your situation and pick accordingly.
Basic Magento 2 E-Commerce Site ($20,000 – $45,000)
If you are looking to build a small e-commerce business with basic and generic functionality that pretty much is high-quality, stable, flexible, and reliable, Magento 2 fits the bill. The cost for a basic Magento website usually starts at $20,000, and this could go up to $45,000, based on your business requirements.
Basic Site Contains:
- Basic Functionality
- Simple (yet Attractive) Design/Theme
- Magento Community Access
- Smooth CMS
Custom Magento 2 E-Commerce Site ($45,000 – $100,000)
If you already have an established e-commerce store and are looking to either migrate to Magento 2 or upgrade from an existing site, you should definitely opt for a custom Magento 2 site. You can anytime begin at $45,000, and depending on the objectives and requirements, you may need to spend up to somewhere $100,000
Custom Site Contains:
- Custom Design (as per your need)
- Back Office Systems Integration
- Custom Attributes
- Migrations to Host
Enterprise Magento 2 E-Commerce Site ($100,000+)
If you want to go beyond just a custom Magento 2 site and tap into the complete inventory of Magento 2 features, this is the right choice. This is for large businesses, and moving to Magento 2 Enterprise will cost you $100,000+. The best thing is you can sit back and relax while Magento 2 takes care of your e-commerce sales.
Enterprise Site Contains:
- Multiple Stores
- Professional Customer Support
- SEO Support
- Shipping Providers Integration
- Social Media Integration
- And more
Some Popular Websites Based on Magento
- Land Rover
- Paul Smith
- Tom Dixon
- Helly Hansen
- Nestle Nespresso
What Are the Elements Affecting Magento 2 Pricing?
Whether you go for a basic Magento 2 site or switch to the enterprise version, Magento 2 is going to come with a broad suite of native functionality that may be enough to get your site up and running. However, it’s always good to know about some elements which can turn your budget topsy-turvy for implementing Magento.
Though some crucial elements can affect your Magento 2 site’s price, like Magento version, server cost, development cost, extensions, Magento theme, and support, and based on these aspects, you can make your choice.
What’s the Maintenance Cost of the Magento 2 E-Commerce Store?
Once you’ve successfully set up your Magento 2 website, your job is not complete yet. In order to operate seamlessly and effectively, your store requires maintenance for updates, installation of security patches, design refreshing, and more. There can be no exact quote for this; the costs here will solely depend on whether you choose to maintain the store on your own or get some professional developers’ help
Magento can fit almost any store owner’s budget with its different and flexible pricing options, from small, middle to large businesses. All in all, there can never be an exact quote if you look for Magento pricing. As we mentioned earlier, the budget for a basic website based on Magento starts from $20,000 and can go up to $100,000+ depending on your business requirements.