ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Technology»
  • Internet & the Web

How Much does Magento eCommerce Development Cost to Merchants?

Updated on April 23, 2018
Magento Admin Panel
Magento Admin Panel

How Much does Magento eCommerce Development Cost to Merchants?

Acceptance of eCommerce has seen a huge rise as people are getting more inclined towards the online purchase and are doing shopping with a great ease while sitting at their homes. The vast spread of this shopping trend provides the retailers with an opportunity to push their business limits online by many folds to increase their market share. To serve this need of retailers, multiple eCommerce platforms (Shopify, Magento, BigCommerce etc.) are available in the market. Amongst all these eCommerce platforms, Magento has always turned up victorious as every year a number of merchants opt for Magento web development to grow their profits with a wider customer reach.

If you are also planning to be among those successful merchants and are curious to know the cost involved in Magento eCommerce development, we are here to assist you in taking a wise decision.

There are a number of freelancers and Magento development companies available in the market who give counterfeit assurances of completing your project within no time or at an insignificant cost. However, the price estimates given by some companies can haunt you for the whole night. A dedicated Magento development company would always value every single penny spent by you and believe in giving a genuine and transparent advice.

A few facts about Magento,

-Magento, a PHP based platform, currently powers 250,000 online retailers worldwide and is managing $100 billion in yearly gross merchandise volume.

-With a market share of 19.64%, Magento has managed to top the list of highly preferred 10 market leaders of eCommerce platform.

How does the cost occur?

Overall, Magento eCommerce indulges in everything which an online retailer would need to get high conversions & sales while receiving a good ROI.

It doesn’t make a difference whether you are a startup; an existing SME or a large enterprise, Magento covers all. It offers both free and paid options. Regardless of the free offering by Magento, it gives you a complete flexibility to enhance its default functionality with a little investment.

Every Magento shop development comes at a different cost due to the fact that eCommerce needs can never be same for all the merchants. For e.g., if a merchant wants to have a customized checkout process it is not necessary that the other one would want the same as he may be happy with the default one. Thus, the Magento programmers are always required to do the customization & implementation of features which exactly compliment the future vision of the client. And, this is where the cost varies for each development.

Yet we have tried to come up with some facts regarding the cost involved in developing a Magento shop. Please have a look below:

Magento Community Edition (CE) or Basic Magento Website

Magento offers a free community edition which is primarily built to serve the small business’s needs. Although it is free to download and use still there is a need for technical assistance from any Magento development expert. This edition comes with the following:

  • Basic Functionality
  • A Simple Theme
  • An access to Magento Community
  • No back-office system integration
  • Seamless CMS

Its major key features are also inclusive of Configurable swatches (a Magento feature that allows you to visually display the multiple options available for a configurable product); Better site performance & security; an improved responsive design reference theme with over 70 enhancements done by active Magento community in context with merchants’ needs and help them to get deeper customer insights through Google universal analytics.

Provided that you hire a tech-savvy, you can unleash the advancement of this edition by customizing its inbuilt functions further. An approximate cost of Magento Development Services in regards to this edition generally starts from $720 and may increase depending on your unique needs or requirements.

Lately, in the year 2015, Magento came up with an enhanced version widely known as Magento 2. That time, it did some architectural and functional improvements to make the eCommerce trade more seamless and effective for both vendors and customers.

This change also included advancement of Magento enterprise edition and below you can have a look at the current enterprise version available in Magento marketplace.

Magento Enterprise Edition (EE, a premium-paid version of Magento)

A perfect eCommerce solution for large businesses!

It offers a faster site setup with few modules & a great performance with low prices. Currently, when Magento has upgraded itself with Magento 2 this enterprise edition is worth the investment.

The key features of this edition include:

  • Set up multiple stores with advanced SEO features
  • Targeted Promotions and Merchandising
  • Integration with various shipping providers and social media
  • Completely hosted by Magento with a professional customer support
  • A huge amount of SKU’s with full page caching system
  • Mobile-friendly & built-in modules
  • Customer Segmentation etc.

You can get a complete development of your Magento store with this edition at an approximate cost $10,000 which may vary in accordance with your needs. This edition was first licensed in 2009 and till now the merchants have seen varied pricing structures associated with it. For instance, in the year 2009 its license cost was $8,000 and for 2016 it raised to $22,000.

Also, Magento 2 offers a cloud hosting option widely known as Enterprise Cloud Edition (ECE). It has combined the licensing and AWS-based managed hosting. This edition’s cost is totally based on expected annual gross sales revenue and ranges from $40,000.00-$190,000.00 per year.

Apart from these above-mentioned cost estimations, there are some extra charges associated with every Custom Magento development:

- Developer or Agency’s hourly rate

- Server cost

- Paid theme or extensions, and

- post-completion support if you require any.

BOTTOMLINE:

As we can conclude that Magento is for everyone and you can appreciate its features at varied cost depending on your requirements. Thus, it becomes the responsibility of the Magento development company (whom you approach with your requirement) should offer you a perfectly suitable Magento edition the development diffiprocess overrated.

© 2018 Ashok Goyal

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. (Privacy Policy)
    CloudflareThis is used to quickly and efficiently deliver files such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisements has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)