Whether you own an offline or online business, having a website in today’s age is crucial. But what’s the cost of website development? In this blog, we’ll be exploring various factors that determine the website development cost in 2020.
In today’s digitally-driven era, the advent of new technology has made us hooked to it. It’s a no-brainer that website development is critical for your business to increase brand awareness, credibility, increase sales, generate customers, revenues, and more.
The recent report by Ecommerce Foundation revealed that 88% of consumers research products online before making an in-store purchase. This sole report shows the importance of having a website in today’s time. So, are you ready to develop a professional website?
But wait, how much does it cost to build a website? Is there any estimation? According to the tsItWP study, a typical website costs somewhere between $100 and $500; however, the price of a custom feature-rich website can go $30000 or more.
What Are the Factors That Determine Website Development Cost?
With so many website builder options like WordPress, Drupal, WooCommerce, Shopify, Magento, OpenCart, and others, you should choose a suitable and budget-friendly platform based upon your business needs. There are various factors included in website development that affect the actual website development cost. Let’s see what they are.
Factors by Website Types and Purposes
Before you start with your website development, you first need to determine the type and purpose of your website. Having the right purpose in mind will help you attract more customers. Let’s know the types of websites trending in today’s market.
- Personal Website and Blog – Many businesses like to share the news and announcements with their customers, and thus consider maintaining informative web pages or individual websites as a personal blog.
- Landing Web Page – A landing web page, aka brochure website, displays contact details, about us pages, and other relevant Call-to-Action (CTA) to draw potential customers and maximize sales. Average landing page development costs between $1,000 and $2,500.
- Corporate Site – A corporate site is developed with an aim to communicate a business’s goals with clients. These types of websites usually represent the company’s portfolio to engage with maximum people.
- E-Commerce Site – Being one of the most popular and demanding types of websites, e-commerce websites sell goods/services online to multiple people. Amazon and eBay are examples of two top e-commerce sites. Average e-commerce website cost can vary between $17,500 and $37,500.
- Educational Website – This type of website is mainly created for educational institutions, which offer online courses and some educational (informative) content.
- Catalog Site – This type of website is ideal for people who look for a particular service like real estate, jobs, hotels, car rentals, and more. These websites have an extensive search system.
- Social Websites – This type of website builds community and connects people. LinkedIn, Facebook, and Instagram are some examples of such types of websites.
Factors by Phases
Now you know about types and purposes of websites and must’ve also decided your ‘website type,’ it’s now time to step forward and understand the factors by phases. There are various components included:
User Experience (UX) and User Interface (UI) are the most important components of a successful website. The more appealing UX/UI will be, the more customers will be drawn to a website. Stages include in making a website attractive are: research, wireframe, and UI/UX design.
On average, the UX/UI phase can take a week or two to craft. It typically costs between $750 and $4,000 or maybe more depending upon the requirements and complexity.
A front-end of a website is what your visitors first see, it’s the interface and first visual for your visitors. This phase starts once UX/UI design is ready, the influencing cost factors in this phase include the website’s responsiveness and complexity of animations.
Developing a front-end phase might take two to six weeks or more, and usually costs between $1,000 and $12,500 and more depending upon the requirements and complexity.
The back-end is the heart of any website and is responsible for its smooth functioning, powering all its features. The influencing cost factors include – third-party service, complex questions, non-standard data processing tasks, and more.
Back-end development can take an average of three to eight weeks and usually costs $4,000 – $12,500 or more, depending upon the requirements.
Content Management Systems (CMS), as the name suggests, it manages the entire website. A CMS software lets you create, edit, and manage your website content seamlessly. Various CMS are available like WordPress, Drupal, WooCommerce, Shopify, Magento, OpenCart, and more, that manage your website effortlessly.
How much does the CMS development cost? It can take approximately three to eight weeks and costs between $3,000 and $9,000.
Other Essential Factors
- Domain Name – The domain name is a unique address appearing in the address bar of a website, thus getting a relevant domain name is crucial. The cost of a domain name may vary between $75 and $200 depending on the preference.
- Web Hosting – Website hosting keeps your website accessible on the internet, depending upon the options like shared, VPS, and dedicated server hosting. The more visitors cost for higher web hosting costs.
- Web Pages – Depending upon the requirements, products/services can influence the webpage count—the more web pages on the website, demand the higher the cost in web development.
- Maintenance – Regular maintenance of a website keeps it functional and glitch-free. Depending upon the website complexity, the maintenance cost can vary from $5,000 – $12,000 yearly.
To conclude, many factors influence the cost of website development; you must’ve gotten the idea from the factors discussed above. Whether you develop a personal website/blog, landing web page, corporate site, e-commerce site, educational website, social websites, or others, the web development cost depends upon the features your website needs.