Magento Pricing: How Much Does it Cost to Build a Magento Site?
Have you ever asked or researched, “How much costs to build a Magento website?” If you have, well, this post is for you.
Magento is undoubtedly one of the most popular eCommerce platforms on the internet. It comes with several tools, built-in features, and functionalities that make it easy for merchants to quickly launch their online Magento stores. This makes Magento an attractive option for big brands such as Ford, Nike, Sigma Beauty, Asus, etc.
Magento is, without doubt, one of the most popular ecommerce platforms on the market. It's used by millions of online businesses worldwide, so it's safe to say that there's a lot of potential in this platform. While predicting exactly how much a Magento 2 store will cost in 2023 is difficult, we can make some assumptions based on current trends.
What will be the cost to build a Magento website in 2023? How many prices will there be for each plan? What will be the Magento development costs for plans? And much more.
This article will provide you with price estimates for a typical Magento 2 store.
Why Choose Magento?
Magento is an ecommerce platform that allows businesses of all sizes to easily create online stores. Magento is incredibly customizable, making it the perfect platform for businesses of all sizes. It also has a wide range of features that make it an attractive ecommerce platform for businesses.
Magento has many advantages over other platforms, including its flexibility and its ability to scale. So what are the reasons why businesses should choose Magento?
There are a number of reasons why businesses should choose Magento as their ecommerce platform.
- First and foremost, Magento is incredibly customizable. This means that you can easily add or remove features without having to rebuild your entire website. This makes it one of the most versatile ecommerce platforms available.
- Additionally, Magento is highly scalable, meaning that it can be used by small and large businesses alike.
- Magento is highly modular; you can easily add new modules to your store without having to redesign the entire website. This allows you to tailor your store to the needs of your customers while keeping costs low.
- Magento is extremely fast; this platform handles large traffic volumes with ease, making it perfect for busy retailers who need an ecommerce platform that can keep up with the competition.
- Magento is SEO Friendly; thanks to its wide array of features and customizable templates, your website will rank high in search engine rankings. This makes it easier for consumers to find and buy products from your store.
- Magento has a robust security system; you can be sure that your site is securely hosted and protected from cybercrime attacks.
- Finally, Magento integrates with a variety of external applications and services, making it easy to integrate additional features and functionality into your store’s backend without having to spend time developing them yourself.
So if you're looking for a robust and versatile ecommerce platform, look no further than Magento!
Magento Pricing Plans
Well, there are a lot of factors that determine the cost to build a Magento website. These include the initial cost of setting up the store, Magento Pricing plans, the additional features you wish to add according to your business needs, etc
Based on our research, we believe that a Magento 2 store will cost range from $40,000 to $100,000 to run in 2023 with personalized & custom features & functionalities. This Magento cost doesn’t include any associated marketing costs, website design, or hosting fees – these will likely add another Magento Pricing to the total price tag.
Your Magento cost is largely dependent on the pricing plan of the Magento edition you choose for your store. Magento has three Editions, and they are as follows:
- Magento Open Source
- Adobe Commerce
- Adobe Commerce Cloud
Each edition comes with a different set of features. Let’s take a look at the Magento pricing 2023 model and the features peculiar to each of them:
P.S. This pricing is based on research, it may vary based on many factors like your business needs, features, functionalities, type of payment gateways, design, extensions, themes, etc.
Source: magestore
1. Magento Community Edition
Free Open Source eCommerce platform offering all the eCommerce basic features & functionalities for small to medium size businesses in the market. Some of the basic features include Mobile optimized shopping, Global selling, catalog management, Integrated checkout for payment and delivery, Extended functionality via App Marketplace, Instant Purchase, site search, WYSIWYG Page Builder, etc. The Magento community edition’s starting cost is $15,000±.
2. Magento Commerce
Magento Commerce is also known as Adobe Commerce or Magento Enterprise Edition. This edition is a professional one, offering many advanced features. Specially designed for big enterprises who are looking for customized features & support. Some extensive built-in features in this edition include customer loyalty tools, B2B functionalities, advanced reporting, etc. The Magento cost for Adobe Commerce varies based on the business needs and the size of your business.
3. Magento Commerce Cloud
Magento’s Commerce cloud pricing is higher than the regular commerce version, as it is specially designed for large enterprises handling huge amounts of products & sales. As all the data is backed up in the cloud, has automated backups, and includes hosting in a cloud service, the pricing is high for this edition.
This value was usually calculated based on the gross sales revenue from your store.
Source: magestore
Recommended read:- Magento Open Source, Commerce, Commerce Cloud: Which One Is Better?
Additional Cost
1. Web Hosting
Let us inform you that hosting is another important factor affecting the cost of Magento website development. Merchants choosing Adobe Commerce Cloud edition need not worry about this additional cost as their package already covers the hosting cost. But the other two Magento editions need additional hosting requirements for their efficient, stable & better operations. Many types of hostings are available in the market like dedicated, shared, managed, cloud, etc. It totally depends on your Magento store's required performance and functionality that what type of hosting will suit you best. Average hosting cost from $10 - $50 per month
2. Domain
Domain name is yet another factor that plays a major role in Magento website development costing. A domain name not only adds professional credibility to your business, but also provides visibility for your brand and helps to attract customers with your unique identity.
You can simply purchase a brand-new domain name or an expired existing one for your Magento store.
- New Domain Name Price Range - $10 - $20 per year
- Existing Expired Domain Name Price Ranges - $20 - $400 per year.
Wondering, why expired domains are costlier compared to new ones. It’s because they provide you with more SEO benefits and such pre-owned domain names already gain domain authority.
3. SSL
SSL is very mandatory when you are handling sensitive details and payment data. To guarantee privacy, ensure security, and authentication, and enhance your store’s reliability, you have to buy & use the SSL (Secure Sockets Layer) certificate. The average annual cost is around $50 - $300.
4. Design & Themes
Do you know that your theme plays an important role in your website, as it directly impacts on user’s experience and directly represents your brand? A brand is the overall look & feel & style of your brand, so you must be sure that you have chosen the right theme for your Magento store. If we talk about designing your website, then there are 2 options available:
- One is a pre-built or ready-made theme
- Another one is to build your own custom tailor-made theme
Ready-made or pre-build themes cost between $0 - $200 or even more, depending on the theme you select, its layout, and its functionality. You can even customize these pre-built themes to some extent.
While building a custom theme needs you to hire a freelancer or a team of front-end developers or an agency to completely build your custom theme. This will cost you around $100 - $1000 on average. Also, it depends on the feature set and the efforts required to make things functional in the front end.
Recommended read:- Top 7 Magento 2 Responsive Themes For ECommerce Sites
5. Extensions or Plugins
Apart from built-in features, your store still needs Magento 2 extensions to extend your store’s functionalities including advanced search, layered navigation, accounting, reporting, customer support, sales, shipping, etc. There are many benefits of Magento 2 extensions for your ecommerce store.
Extensions are available for free and can also cost up to $600. It all depends on the features required by your store, and that’s why it’s really difficult to provide the exact cost of this. You can check the N number of the Magento extension at Magento Marketplace. Also, you should keep some tips in mind when choosing the best Magento 2 extensions based on your needs and requirement.
Recommended read:- Must Have Magento 2 Extensions In 2023
Other Costing Elements
And here the list is yet not over for Magento website development costing. Alongside the above list, some other elements are:
- Support & Maintenance Pricing
- Payment Fees
- Development Cost
- SEO & Marketing Cost
- Hiring Model
Partner with a Magento Expert Today
Magento is an excellent option if you’re looking for an ecommerce website builder that’s easy and offers all the features you need to build your site. Magento 2 is one of the most popular eCommerce platforms on the market. If you're thinking of starting or expanding your business with this platform, it's important to know how much a Magento 2 store will cost you. We hope our Magento pricing 2023 guide helps you in calculating the average cost for your Magento 2 store. If you aren’t sure how to get started with building your Magento 2 site, MageAnts is here to help.
MageAnts is a Magento development agency with a team of expert developers & professional designers who are ready to help you build the Magento store you need. We’ll help you create a website that’s optimal for increasing sales and revenue for your business. You can also hire certified Magento developers from our pool of talented developers for your next Magento project.
You can feel confident we’ll help you build a Magento store that drives results. Ready to get started? Touch with us online to speak with a strategist about our Magento store optimization services!
