Last Updated | November 24, 2022
Magento is one of the most widely used eCommerce platforms available today. It’s an open source, extensible platform that’s perfect for starting up and maintaining all main types of ecommerce.
“Magento cost” has become a source of concern for many people, who regard it as an expensive alternative. It is, however, a cost-effective option with more than 24500 active installations and rising every day. To give you an idea of how popular Magento is, here’s a list of companies who rely on it for all or part of their operations:
- Christian Louboutin
What is Magento?
Magento stand among the top eCommerce platforms in the United States and increasing its popularity around the globe as well. It is considered as a one stop eCommerce platform for all your online business requirements. It is built on an open-source technology that allows all your transactions agile and swiftly. It gives you the ability to control the look, functionality, and content on your online eCommerce store without making any compromises on the shopping experience of your customers. Magento 2 gives you the freedom for using a variety of useful tools and features – including marketing, search engine optimization, and catalogue-management tools.
Magento Development Cost Basics
To comprehend the costs of constructing a Magento store, it is necessary to first comprehend the cost of the Magento Platform. Magento is available in two versions:
- Magento Community Edition
This is a completely free edition. To get started, simply download and install Magento. You have practically endless modification options to tailor the store to your specific needs. However, fees such as domain registration, hosting, design, and development would cost more than $15,000 to establish and launch the store.
- Magento Enterprise Edition
Out of the box, this edition comes with a whole lot of bells and whistles. The downside of all the features is the hefty price tag. The Magento enterprise starts from $22,000. The Magento commerce cloud pricing starts from $40,000, though some costs like hosting and additional features are covered in it but still it would need other running expenses which would make it cost more than $30,000 to $50,000.
- Breakdown of Magento Development Cost
Magento development cost is determined by the store’s needs, features, and customizations, and may be broken down into the following categories:
- Development Cost
- Design Cost
- Themes & Extension Cost
- Hosting Cost
- Support and Maintenance Cost
|Website Development by an Agency||From $25 per hour|
|Website Development by a Freelancer||From $10 per hour|
|Magento Development by the In-house Team||From $60,000 per year|
|Magento Extension||$50 – $500|
|Magento Theme||$0 – $200|
|Graphics and Brand Collateral||$10,000 – $18,000|
|Domian||$10 – $500|
|Maintenance||$80 – $125 per hour|
|Hosting||From $40 per month|
|SEO||$60,000 – 80,000 per year|
|Support||$30,000-$40,000 per year|
|Total Estimated Cost||$15,000|
Why is Magento so expensive?
Magento is available in two editions: free the Community edition and premium, the Professional edition or the Enterprise edition. Each variant has its own advantages and disadvantages.
Magento is a complicated platform that necessitates the expertise of seasoned developers. Furthermore, if you have a Magento multifront eCommerce setup, you may want to invest in the highest premium extensions to extend the core platform’s functionality. All of this contributes to a Magento store’s operational costs.
Magento enterprise pricing starts at $22,000 and provides a number of sophisticated features not found in the open source Magento edition.
Average Magento Cost
If you need a freelance developer, the cost starts at $10 per hour, whereas an agency would cost you $ 20 per hour.
Magento cost is difficult to estimate. The main source of this anxiety is the vast array of options and choices available to store owners when creating Magento stores. The Magento pricing list reflects the owners’ decisions and how they desire to achieve their business objectives in this setting. Furthermore, the cost of Magento website development varies from vendor to vendor, based on the service provider’s experience and reputation.
If you think I’ve forgotten something or want to add to the discussion, please do not forget to connect with us!
What is Magento Cost in the US?
The standard Magento cost start at $15,000, with the original development, extensions/theme licences, and then continuing support/maintenance being the key cost heads. All of these areas require their own budget, so you can get a good picture of the prices required.
Why is Folio3 good for Magento Development?
Folio3 is not your average web development firm. Our custom software development services enable us to concentrate on pushing the limits of eCommerce. Our primary focus is always on the architecture, which provides growth, agility, and scalability while also tuning your website to market trends. We believe in going above and beyond to assist you to choose the correct platforms for improved sales customization and create smartphone-friendly eCommerce stores that meet your needs.
Folio3 priorities scalability for our clients who employ us as Magento Agency Partners. To deal with your ever-expanding business, we use headless Magento 2 integration and a headless architecture as Magento Web Development Services. It means you won’t have to be concerned with the complicated processes and limits that your website may experience as it grows. We provide very low Magento integration rates for a Magento solution that includes all of the capabilities that make consumers’ shopping experiences great.
With Folio3, your work will become hassle-free as we choose to daily update your answers to all your whats, whys, whens and hows. You get a best friend and an adviser to deal with your project, instead of a Project Manager who works on a roadmap for the team to control the quality and the delivery of your project. So, you will be able to focus on other important things; since your projects are good hands, you can focus on other things.
The usual monolithic approach will not be imposed on your eCommerce store via Folio3. You have the ability to choose whatever CMS works best for you: WordPress, Contentful, Prismic, or another.
How to Hire Magento Developers from Folio3?
We can support even the most difficult and large-scale projects with our team of over 30 Magento developers, architects, and solution specialists. Magento frequently recognizes our essential team members as high contributors. To hire Magento developers with Folio3 visit our website and contact our support team for a free consultation.
To connect with us you can also reach out to us at the given addresses and the contact numbers;
If you are from Sydney pay us a visit to our office for a one-on-one meeting. The address for the Australian office is C/- Prime Partners Level 4 1 James Place North Sydney New South Wales 2060, Australia.
If you are from the states come and visit us at 33 New Montgomery St #750, San Francisco, CA 94105, USA or give us a phone call at 888-746-7439
For the Canadian business owners, you can mail us at 151 O’Connor Street Ground Floor Ottawa, Ontario K2P 2L8 or call us at 613 241-2828