There are many factors that contribute to the cost of developing an ecommerce website. The main factor is the platform used. There is a huge difference in the pricing of different ecommerce platforms and hence can have a significant impact on the total price of the project. Another factor is the data. Data here pertains to the number of products a particular store is selling. It has a direct impact on the user interface and design of your website. More products and more pages would obviously mean complex user flows, more customizations, and a higher price to pay.
Design is another factor. How you want the interface to look, whether it’s user friendly or even aesthetically pleasing will affect the pricing accordingly. Customization is also a huge factor. The more customization you require in a website, the costlier it gets. Then there is the feature set. The more complex the features and functionality of a website, the more expensive it will become.
If you want to integrate your ecommerce website with your existing ERP/CRM that is another added cost which adds to the pricing. Lastly, integrations with payment gateways, digital wallets, and internet banking service providers play a big role in the pricing. The more integrations you want, the more you have to pay.
All this makes up the pricing of a website. Hence it’s hard to give one set of figures as the average price, because it wouldn’t be a correct estimation. However, the price for an ecommerce website can range from $1000 to more than $500000 which is a huge range!