Last Updated | December 24, 2020
The Magento platform needs no introduction, but if you have a B2B business and are thinking of developing an eCommerce website, understanding Magento B2B pricing and the website development cost will definitely be on your priority list. Magento promises to deliver value to you by letting you explore and make unlimited customizations on the open-source platform at a relatively low cost. Hence, the Magento B2B cost of developing a website has been a trending topic on search engines recently.
If you too, have arrived here with the dilemma of how to figure out what the cost of your website may turn out to be, you have come to the right place. Sit back and relax while we help you estimate the Magento B2B price of building your B2B eCommerce website.
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Magento B2B Pricing & Other Associated Costs
Magento offers two options for using the open-source platform. The first option is their basic Open Source, which was previously known as Magento Community, and it is available for free. The second option is Magento Commerce, which was previously known as Magento Enterprise Edition, and is offered as an on-premises solution as well as on the cloud. This is a one-stop solution that provides better security and has far more integrated capabilities and features that help accelerate sales. Before we can help you estimate the Magento B2B cost for your website, it’s important for you to decide which one of the versions you opt for because your option will influence your website quality as well as your cost.
Magento Open Source (Magento Community)
Since this version is free, it is preferred by many businesses that are just starting out. However, the license for Open Source does have some limitations for B2B support and functionality. This can be overcome by installing Magento B2B extensions and using them to upgrade your website. Open Source offers the basic eCommerce functionalities and capabilities that can facilitate you and allow you to develop your own unique eCommerce B2B store from scratch.
Magento Commerce (Magento Enterprise)
Magento Commerce is for those who want to go beyond the basics and need an all-in-one full-featured cloud eCommerce solution to fulfill all their B2B as well as complex architectural and functional needs. This includes Magento’s optimized cloud architecture as well as hosting, analytics, and AI-powered merchandising.
|Magento Commerce||Magento Open Source|
|Starting from $22,000||FREE|
|Built-in Magento Features|
|Integrated Checkout, Payment, and Shipping||✔||✔|
|Mobile Optimized Shopping||✔||✔|
|Extended Functionality via App Marketplace||✔||✔|
|Business Intelligence Dashboards||✔|
|Advanced Marketing Tools||✔|
|Content Staging and Preview||✔|
|Customer Loyalty Tools||✔|
|WYSIWYG Page Builder||✔|
|Magento Hosted Cloud|
|Optimized Cloud Commerce for Magento||✔|
|Cloud availability SLA up to 99.99%||✔|
|Fast Page Loading with Content Delivery Network (CDN)||✔|
|Performance Monitoring Tools||✔|
|Enhanced Security with Fastly WAF and DDoS services||✔|
|Streamlined updates and testing||✔|
|Customer Success Manager||✔|
|Customer Engineering Technical Support||✔|
|Access to quick-build Express Packages||✔|
Want To Discuss Which Magento B2B Option Is Better For You? Get A Free Consult!
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Magento B2B Price Breakdown
The Magento B2B cost to develop your eCommerce website depends on various factors:
|Website Development Cost||Varies – Get Custom Quote|
|Magento Theme Cost||$0 – $200|
|Magento Extensions||$50 – $500|
|Customizations||Varies – Get Custom Quote|
|Integrations||Varies – Get Custom Quote|
|Graphics and Brand Collateral||$5,000 – $30,000|
|Hosting||$10 – $1,000/month|
|SEO||$30,000 – $100,000/yr|
|Maintenance||Varies – Get Custom Quote|
|Support||Varies – Get Custom Quote|
Magento B2B Cost for Website Development
Before estimating your Magento B2B pricing, you will have to decide who will be developing your website and this will greatly affect your cost. You have a couple of options. You may hire a website development company or agency, a freelancer, or if you have your own in-house development team that’s competent enough, then you may decide to use your own team to save costs. Here is how much the cost for developing your Magento B2B website would vary when you make your choice amongst these:
Why You Should Go For a Website Development Company
Hiring a competent website development company or agency, like Folio3, is probably the most sensible option, unless of course, your own in-house development team is unmatched in its talent. These web development companies ensure that you get a proper team of experienced and certified backend and frontend developers, product managers, project managers, UI/UX designers, functional consultants, and QA analysts, as opposed to just developers. Moreover, they will sign a Mutual Non-Disclosure Agreement with you, which ensures that everything between you and the company remains confidential.
You also have access to technical support round-the-clock at a moment’s notice whenever you need it. Perhaps your team knows how to run a B2C website but needs training on how B2B will be different. Web development agencies can provide you with such trainings. These companies charge you according to the team you hire, the level of expertise of its members, and also the complexity of your requirements. Their Magento B2B pricing for website development starts at $20 per hour and can go up to $200 per hour depending on the company and what they are offering.
Get In Touch Now For A Free Magento B2B Quote!
Aren’t Freelancers Supposed To Be Cheaper?
Yes, freelancers are probably going to save you a lot of money, but you can’t deny the fact that you get what you pay for. Of course, there is the chance that the freelancer you choose gives you exactly what you want, but there are more chances of it not being that great an experience, and do you really want to take that risk?
A freelance developer talks to you directly regarding your project therefore the communication may be quicker. There is no guarantee with most freelancers whether they take your idea and present it elsewhere, therefore you must do your due diligence as well as make sure that you sign a Non-Disclosure Agreement if you do decide to go with one. Magento freelance developers charge on average around $10 to $100 per hour depending on their skill set, experience, and locality.
How About Your Own In-House Development Team?
A lot of companies prefer their own in-house dev teams so that they can keep up with the fast-paced technology and keep making changes and improvements in their eCommerce stores. An important benefit that your own dev team gives you is that it is available at every stage of development, and for every update, improvement, and even troubleshooting. Secondly, your team is only working on your project, so turnaround is obviously faster, and you have more control over development.
If you already have your own team, and you are sure of its experience and expertise, then this would be your best option. What else is your team for? However, if you need to hire your team from scratch, then your Magento B2B cost for hiring your own Magento development team could be far more than other options. One junior Magento developer costs around $60,000 to $80,000 for one year. An experienced one may cost you up to $150,000. However, you need to understand that one needs more than just a developer to develop a website. You need an entire team.
Magento B2B Themes
Your theme is important because it represents the face of your website. It demonstrates the UI and UX of your website and is often considered the actual website by your viewers and customers. When deciding about your eCommerce website theme, you may choose one of two options, pre-built ready-to-use themes or develop a custom-built theme.
Pre-built Magento B2B Themes
There are many Magento themes available in the market and some of them are even for free. Free themes are free for a reason though. They are very basic and need a lot of customization which you then have to pay for. Magento B2B specific themes are more centered around the B2B customer and range from 0 to $499. What you can also do is that you purchase a basic pre-built theme and then customize and build around it to make it perfect. In this case, the cost of customization may also be added to the theme depending on your arrangement with your developer.
Maybe you know exactly how your Magento B2B theme should be and the rest of the themes you have looked at just arent cutting it. Then you have to hire developers and ask them to develop your idea of a theme and bring it to reality. The Magento B2B price for this would be a little speculative because it would depend on the complexity of your store, the features and functionality you need, and also the experience and expertise level of the developer you hire to develop the theme.
Magento B2B Extensions
Magento extensions are software modules available separately to add to the existing functionality of your Magento web store. Depending on the extension you want, it can be free of cost, or it may even cost you thousands of dollars. If you opt for the Open Source version of Magento, then you would need a B2B extension in order to avail B2B features and make your website into a B2B store.
Always verify whether the extension you want to get for your website is compatible with your existing extensions, and furthermore, that it doesn’t slow down down your website. Sometimes extensions have an impact on the page loading speed and that can be inconvenient for your customers. This is why you should get extensions only from trustworthy developers. Folio3 has extensive Magento experience and has developed powerful extensions that are available here.
Generally, Magento extensions can cost you anywhere from $20 to $500. There are extensions available for free and those that cost way more than $500 also, but these numbers are just averages. Just like with the themes, if you don’t find an existing extension for the kind of functionality you want, you can attempt to develop a custom extension. However, custom extensions can get very expensive because they need your developers to have a very high level of Magento core knowledge, unless you hire a suitable Magento development company to develop them for you.
The Folio3 Magento B2B Solution
Do you want a plug and play solution for the perfect B2B eCommerce store? The expert developers at Folio3 can customize it exactly the way you want for any additional needs you may have. Our solution starts at $xxx. Find out more.
Do you want a custom extension built for your B2B store? Get your Magento B2B quote Now!
Magento B2B Customizations
You can customize nearly anything with whichever version of the Magento platform you choose. This includes customizing the theme to look more like what you had envisioned or creating an entirely new custom-made theme, or customizing an extension, adding additional security layers to your website, creating custom integrations, or even customizing the entire code to your preferences. However customization has its cost, and it can’t be quantified without knowing more detail about what you are customizing and the extent and complexity of the customization.
Magento B2B Integrations
You can purchase turn-key connectors for all your third-party applications and platforms to be integrated with your Magento B2B eCommerce website. These third-party platforms can be such as your ERP, your CRM, whichever payment methods and gateways you are using, your shipping and logistics provider, shopping cart integration, integration with Google Analytics, social media sharing, etc. If there is an integration you are looking for can’t find, you can always get a custom integration made from a well-known development company.
The Magento B2B price for all these integrations varies a lot and will depend on the kind of integration you are looking for.
Do you want customizations and integrations in your Magento B2B store? Connect With Us Now For a Free Magento B2B Quote!
Graphics and Design Elements
Everyone wants their eCommerce store to stand out and look different from the rest. They want a color scheme to be associated with their brand and they want to be remembered by it. Similarly, they want their store to be able to display high-resolution images and videos that appeal to their visitors, and at the same time, do not slow down the website. This requires a competent graphics team to work in conjunction with expert developers to ensure that a perfect balance is attained between the speed of your site and the quality of your images and videos.
Assuming that you have already accounted for the services of a dev team, whether by hiring an agency, a freelancer, or in-house, we will only estimate the cost for graphic designers. A good graphic designer charges on average around $23 to $25 per hour.
Domain for your Magento B2B Store
Your domain should be related to your niche and also easy to remember. It can be a small or big influence on the Magento B2B cost of your website depending on how much your domain costs. Domain names should be short and easy to remember. Unfortunately, that is the same reason they’re usually already taken. This brings us to the two types of domains you can purchase:
New domains usually cost you from around $10 to $15 per year.
Expired domains generally cost more than new domains and the average price goes from around $20 up to $500 per year.
Magento B2B Web Hosting
We recommend you to go for a managed hosting solution so that you don’t have to worry about security and server management and can simply focus on scaling your eCommerce business. Managed hosting also offers you on-demand scalability and you can instantly scale up whenever you feel the need.
There are web hosting companies that will offer you prices as low as $4 per month. However, you should remember that B2B websites warrant a certain level of professionalism. We don’t suggest that you take the risk with any company that offers you anything less than $10 per month and doesn’t have enough experience to convince you.
Webscale is an experience hosting website that has over 3000 storefronts on the cloud and is a global leader in providing hosting solutions for eCommerce businesses.
Search Engine Optimization
With competition getting tougher, it’s getting more and more important to remain in the eyes of your customer. This is only possible if you remain in the top ten search results on Google. This is why hiring an SEO specialist is an important cost element in your Magento B2B pricing. You may hire a freelance SEO specialist or an agency that provides you with an SEO team. SEO services generally cost on average around $44000 per year but may go up to $100,000 or even more, depending on the level of experience and expertise of the individual or team.
Magento SEO services include:
- Keyword Research
- Site Audit
- Competitor Analysis
- Website Speed Optimization
- Revise SEO for old pages
Are you having trouble getting organic traffic? Connect with us now to achieve success organically!
Magento B2B Support and Maintenance
Whatever the size of your eCommerce store may be, support is an essential component because you need to be able to get professional customer support for your B2B customers whenever something does not go according to plan. Magento B2B customer support will cost you on average around $30,000 to $40,000 per year or starting from around $25 per hour.
Magento B2B Website Maintenance and Support
In estimating the Magento B2B price for your website, you must not forget to factor in maintenance and support. Within your website, there will be technical issues, bugs, etc. that you may need help with. You need ongoing on-demand technical support as well as scheduled maintenance for your team to run your B2B eCommerce website smoothly. Maintenance includes security patches and updates. The cost for maintenance really depends on the frequency and kind of maintenance being done. It ranges from around $80 to $150 per hour.
Are you having trouble managing your Magento B2B store? Hire a developer and avail 24/7 support!
What is the monthly maintenance cost of a Magento B2B website?
Firstly, there are the monthly charges paid to Magento in the case of Magento Commerce edition, which starts at $2000 per month, or any other monthly costs involved in the case of the Open Source version such as the web hosting cost which can be from $50 to $500 a month.
Other than this, in the case of monthly maintenance paid to your development company, the Magento B2B price you pay can be anywhere from $400 to $6000 a month.
Is the Magento platform user-friendly and easy to use?
The platform takes a bit of getting used to and does have a learning curve so trial and error should be expected because of the high number of features offered. Once you have gone through most of them and explored them, you may find that the workflow gets less overwhelming.
However, a platform like Magento does need a developer’s help and knowledge. Most of the changes and customizations require an in-depth knowledge of the source code. Hence, it’s ironic that you can customize what you want in Magento but not unless you’re a Magento Certified Developer.
Does Magento run on the cloud?
Magento Commerce offers a cloud-based hosted option which is a Platform-as-a-Service. This entails that it falls on you to manage some of the system administration requirements yourself instead of it being done for you.
Does Magento require any coding?
Yes, you need to know the coding language and in fact, you need to have some form of expertise in Magento architecture as well as PHP in order to make any customization work and run successfully.
Can Magento be called a framework?
Magento can be defined as an eCommerce platform that is written in PHP language and based on the Zend framework.
When was the Magento 1 end of life?
Magento 1 support officially ended on June 30, 2020.
Is it still possible to use Magento 1?
Technically, yes. However, since Magento 1 support has been discontinued by Magento regarding any further updates and security patches, this poses a risk to anyone who continues to run their website on Magento 1. Furthermore, you also are at risk of not complying with PCI and that can damage your business’s reputation as well as make you pay heavy fines. Also, your integrations and extensions may also stop working with the platform. If you still haven’t upgraded to Magento 2, do it now!
What is the difference between Magento 1 and Magento 2?
Magento 2 was released much later than Magento 1 with upgraded new features that solved a lot of the bugs and challenges that Magento 1 users were facing. Also compared to the newer version, Magento 1 had an old architecture, a large and clunky admin panel, and it also failed to support some popular payment gateways.
How many products is a Magento website able to handle?
Magento is famous for being able to handle even a huge product catalog. It is now capable of handling more than a million products, even though such a large number may have an effect on frontend speed.