What is Magento 2 Enterprise Edition price?
Last Updated | June 20, 2023
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Looking for the actual Magento 2 enterprise edition price for your eCommerce store development? Well, various factors add up to the final cost of a Magento 2 store. Read on to know more about all the costs you will need to pay for running a successful Magento 2 store.
Magento is one of the most widely used eCommerce platforms globally. The platform currently accounts for roughly 30% of the global eCommerce market, making it one of the largest eCommerce web development platforms. Generally, Magento is preferred by medium and large-sized businesses due to the large incurring costs associated with the platform.
And while there is even the free (open-source) version of Magento available, related costs of development, design, and maintenance add up quickly to make it a relatively expensive option for small businesses and startups.
Nonetheless, it’s a feature-packed powerful platform that brings in great features and functionalities for online stores. Here in this blog, we will exclusively be looking at the real Magento 2 enterprise edition price, while also comparing the Magento 2 enterprise edition price with the Magento community and Magento commerce cloud.
So, let’s just dive in…
What is Magento Enterprise Edition?
Magento Enterprise Edition is the premium version of the hugely popular Magento eCommerce platform. As a premium paid version, the Magento Enterprise Edition comes with advanced features and custom functionalities that assist store owners to stay at top of the competition.
Below are some of the worth-mentioning features of Magento Enterprise Edition:
- Business Intelligence Dashboards
- B2B Functionality
- Advanced Marketing Tools
- Content Staging and Preview
- Customer Loyalty Tools
- WYSIWYG Page Builder
- Visual Merchandising
- Dedicated Support
What are the different editions of Magento?
Well, there has always been a lot of confusion about the various editions of Magento; especially among merchants with little technical knowledge of the platform. Ironically, even on the internet, there aren’t many resources that accurately identify and highlight different versions of the platform. Rather you will extensively find the below-mentioned editions of Magento:
- Magento Community (CE)
- Magento Enterprise (EE)
Interestingly, if you are to visit the official website of the company i-e Magento.com, you won’t be able to find any of these names. Instead, officially you will find Magento Open Source and Magento Commerce mentioned on the official website.
Just to clarify things, Magento Community Edition is essentially Magento Open Source, whereas, the Magento Enterprise Edition is Magento Commerce (further divided into two; Magento Commerce and Magento Commerce Cloud). So, to sum up, there are essentially three different editions of Magento, which are as follows;
- Magento Open Source,
- Magento Commerce,
- Magento Commerce Cloud
What is the pricing of Magento Open Source, Commerce & Commerce Cloud?
Magento Open-Source Pricing
Magento Open-Source is free to download. You can simply download Magento from the official website Magento.com or other authentic sources. However, there are various other costs associated with Magento development services, design, hosting, etc. Also, Magento Open-Source essentially comes bereft of any supplementary features or functionalities, which means that you will need to hire Magento 2 Developers to create a sustainable and functional store.
Magento Commerce Pricing
When it comes to Magento Commerce or Magento 2 Enterprise Edition Price, the cost may range anywhere from USD 22,000 to USD 125,000. The actual cost of the platform will depend on the annual gross sales revenue of your store.
Magento Commerce Cloud Pricing
This is essentially the advanced version of Magento Commerce, which comes with all features and functionalities of Magento Commerce with the option to opt for cloud hosting. Magento Enterprise Cloud Edition (ECE) comes with the standard package including licensing, and AWS-managed hosting with the price ranging between USD 40,000 to USD 190,000 annually. Just like Magento commerce, the actual price of ECE will depend on the gross annual sales of the store.
What’s the actual Magento 2 Enterprise Edition Price?
As mentioned earlier, the platform’s price isn’t the only cost involved in developing a Magento 2 store, rather there are other associated costs as well. Let’s dig deeper into the actual Magento 2 Enterprise Edition price by breaking the prices of different support and services you will need to develop a functional store.
What is Magento 2 Themes pricing?
Choosing the right theme for your Magento 2 store is a crucial task since it will represent the entire frontend visual and user experience for the store. Let’s see the different options Magento 2 offers for choosing themes and their prices:
Pre-built Magento Themes
Magento 2 offers various pre-built themes, which can be purchased and customized to meet the store’s requirements. The price of Magento pre-built themes varies between USD 0 to USD 200+. These themes are great for small and medium stores that don’t want to spend hefty amounts creating themes from scratch. Plus, store owners can always hire professional Magento 2 development services to customize these themes as per their requirements.
Build Custom Theme
Well, if you don’t want to go with a pre-built theme, you can always opt for a custom theme built from scratch. However, we only recommend this option for large enterprises, since the total cost may end up in hundreds of thousands of dollars. It’s more like, “you get what you pay for”.
Once you have selected the theme for your store, next up you need reliable and scalable hosting for your store. Remember, your choice of hosting will have a direct influence over the success or failure of your business.
That’s because the type of hosting you choose will either help you grow or impede your store’s scalability. Now, the hosting cost for Magento 2 stores may start at as little as USD 40, however, you need to choose it carefully keeping in view your growth and expansion plans.
If you decide to go with Magento 2 commerce cloud, you are also qualified to opt for the exclusive AWS hosting from Magento (However, you will be paying for the feature out of your pocket).
Next up for our actual Magento 2 enterprise edition price, we have the costs of extensions. If you aren’t well aware, extensions are the standalone modules that are used to improve/enhance the usability, functionality, and marketability of the store. While there are many free extensions available with the Magento store, you may have to pay thousands of dollars to integrate powerful extensions.
Just to keep you aware, before you decide to purchase any specific extension, make sure you take the developer in the loop and ensure that extension’s compatible with your existing extensions. That’s because there are always compatibility issues for extensions from different developers. In fact, going with the wrong extension may adversely impact the store’s performance. Thereby, make sure to consult a professional developer before going in with any extension.
As for the pricing, Magento 2 extensions may cost anywhere from USD 50 to USD 500, depending upon the development agency and features offered by the extension.
Next up, we have yet another significant cost that contributes to the overall Magento 2 enterprise edition price – the development cost.
Now, as a merchant, you will have multiple development options available, including going with a professional web development agency, hiring a freelance developer, or maintaining an in-house development team. Each of these options comes at different price tags, pros, and cons. Let’s quickly review each of these development options and the expected cost.
Going with a web development agency
This is the most expensive of the three options and will most definitely come at a high price tag. However, this is also the most comprehensive solution, since you will be working with professionals from different domains who had extensive industry experiences like developers, designers, SEO experts, digital marketing experts, UX experts, and more. All of these experts will collaborate to deliver you a refined product that will definitely improve your chances to dominate the market.
As for the cost, you can expect it in thousands of dollars. A professional web development agency with the right experience and expertise may cost you anywhere between USD 10,000 to USD 50,000+ depending upon the requirements, scope, and complexity of the work.
Hiring freelance developers
Going with a freelance developer for your Magento 2 store development needs is the cheapest of the three options. However, you need to understand that you will be relying on the expertise of a single person to handle different store components, which isn’t the ideal option. Nonetheless, freelance developers offer a great opportunity for SMEs and startups to get started with their Magento 2 stores at highly affordable pricing.
As for the cost, it will greatly depend on the expertise of the developer, as well as, the geographic location. For instance, an expert Magento 2 developer from South Asia may cost you between USD 10 to USD50 per hour. Alternatively, developers from Eastern Europe may charge you anywhere between USD 20 to USD 75. While, if you decide to go with a developer in North America, the UK or Western Europe expect to pay anywhere between USD 150 to USD 250+ per hour.
In-house development team
This is an expensive option and we will certainly not recommend it; unless you are a big store with hundreds of thousands of dollars in annual revenue.
On the positive side, going with an in-house development team helps you to save on recurring development, maintenance, and support costs. However, you can expect to pay USD 60,000 to USD 120,000 per year on top of insurance, medical, and other requisite costs.
Maintenance & Support Cost
Once your store is up and running, you will need regular maintenance and support services to ensure smooth operations and avoid downtime’s. This means you would need to add in the costs of store maintenance. The best way is to hire professional Magento 2 support services from a reliable agency that will save you the hassle of going into the technicalities of store maintenance. On average, you can expect to pay anywhere from USD 80 to USD 125 per hour for professional maintenance and support services.
Well, by now we are sure you would have a realistic idea of the actual cost of Magento 2 store development and maintenance. Unfortunately, many store owners tend to overlook associated costs at the initial planning stage, which subsequently raises serious capital issues to manage the store and many eventually had to go for Magento 2 migration services to take their stores to another platform.
Nonetheless, Magento 2 enterprise edition is a feature-packed and powerful platform with all important tools and functionalities available to assist sustainable growth and expansion.
If you, too, are interested in getting started with Magento headless commerce, reach out to our experts for any queries or immediate assistance.
Q: Is Magento free or paid?
A: Both. Magento offers both a free edition (Open-source / Community edition) and a premium edition (enterprise/commerce edition, commerce cloud edition).
Q: Why is Magento so expensive?
A: While the platform itself isn’t expensive (in fact, there’s an open-source edition available), the complexity of the platform makes it necessary for merchants to hire professional design and development services. Plus, the costs of extensions, hosting, and other associated costs add up to make it a highly expensive platform.
Q: How much does a Magento 2 website cost?
A: A basic Magento 2 eCommerce store with professional design and development services may cost you anywhere from USD 10,000 to USD 20,000. The price doesn’t include recurring costs like support/maintenance and others