The two major costs involved in developing a Magento eCommerce store are:
- Magento license cost
- Magento design and development costs
Other costs such as website domain, hosting, extensions and maintenance to will together require only a small portion of your overall spend.
Magento Licence Cost
Magento 2 Community Edition (CE) is absolutely free, but has limited functionality and comes without support. CE is ideal for individuals and small firms to set up their online store swiftly.
If you are a medium or large firm looking at an advanced eCommerce platform to grow your business, Magento 2 Enterprise Edition (EE) is the right choice. The annual license cost ranges from USD 22,000 to USD 125,000 for Gold Support. Platinum support is priced 20% higher. Once your revenue crosses USD 1 million you need to start paying more than USD 22,000. The higher the revenue band, the lower the percentage paid for license.
Magento 2 Enterprise Cloud Edition (ECE) bundles license with AWS managed hosting and ranges from USD 40,000 to USD 190,000 per year.
Magento Design and Development Cost
You will need professional Magento designers, UX experts, developers, SEO experts and a project manager for building a quality online store your customers would enjoy visiting and shopping from. Design and development could cost you anywhere between USD 10,000 to USD 100,000+ based on your business needs.
A basic Magento 2 eCommerce website that ѕuрроrtѕ less than 6,000 products and іѕ bаѕеd on a ѕіmрlе рrе-built theme, would cost уоu anywhere between USD 10,000 to USD 30,000 in development costs. For this cost you will get the basic features provided by Magento, essential enhancements using plugins and extensions, features to support SEO and SEM, control panel and data migration support. You will not get a unique appearance / customised design, customized functionality or back-end systems integration.
A custom Magento 2 eCommerce website development that will help you implement specific requirements for your business needs would cost you between USD 30,000 to USD 100,000. For this price a professional digital agency like Rage with a proven track record will develop your store with all the required features, on schedule and within budget.
Instead of buying a pre-built theme, you design and develop a custom theme to give a competitive edge to your brand. Additional extensions and customizations built for your product range and business needs, boost capabilities and performance of your eCommerce store. The more customizations you add, the more it will cost you. But it is these customizations that make your eCommerce destination a pleasure to visit and shop for your customers, easy to manage for your team, increase your sales and grow your online business.
Summing up:
Magento Licence Cost
- Magento 2 Community Edition – Free
- Magento 2 Enterprise Edition* – USD 22,000 to USD 125,000 (Gold Support)
- Magento 2 Enterprise Cloud Edition – USD 40,000 to USD 190,000
Magento Design and Development Cost
- Basic Magento 2 website – USD 10,000 to USD 30,000
- Custom Magento 2 website – USD 30,000 to USD 100,000
*Platinum Support is 20% higher. On crossing USD 1 million revenue costs are higher.
If you would like to discuss more details or get a quotation from us, please share your details here.
One Comment
MiniBigTech
January 15, 2019 at 1:56 PMLove this blog and the way all information is being conveyed. Covered almost all the things that needed to be defined about this topic. People have undoubtedly headed towards excessive use of technology and search for pretty much things by exploring internet and searching for websites. For this excessive use, some best website development price are offered so that no one will lack in a perfect website design.