Website development is one of the prerequisites today to have a business. In the digital era, where everything is preferred online, a company website that showcases products and services will add icing to the cake by reaching millions of potential customers through digital mediums. However, a million-dollar question for any businessperson is: how much does website development cost?
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Website is a must-have thing today for any company with products or services. Once a luxury, a website for your business is a necessity today. Forbes Advisor quotes a report that there are nearly 2 billion websites online, and approximately 252K websites are created daily making it more than 10000 websites every hour on the World Wide Web. These staggering figures owe to the importance of websites for business of all kinds – from startups to enterprise.
If you are the one who is thinking of leveraging the best benefits of a corporate website or a web portal to skyrocket your revenues, you must consider the cost factor.
Let’s see it in detail:
There are many factors that increase or decrease the total cost of developing a website. Let us see some of the most essential ones:
One of the factors that affect your website development is the type of website you want to build. There are many types of websites and it depends on your business requirement to choose the one that suits your company’s goal.
Informational website
This is typically the most cost-effective website to build. These websites focus on providing useful information to educate users. Here, the complexity and SEO optimization is simple and hence the cost is lesser. Informational websites can be customized with a commercial approach with smart website design and development. However, it may come with additional costs.
Blog website
Blog websites are often smart and simple but may cost you more with advanced features such as subscription, comments, and content management. You may also need to consider the cost of ongoing content updates. Blogs are now also coupled with vlogs where a blogger can upload quality videos to educate, inform, or entertain their followers. This may cost you more because of various functionalities related to audio-visual functionalities.
eCommerce website
The website built for an eCommerce business needs flawless functionalities to display hundreds of products. It also requires a secure payment gateway and powerful inventory management. These factors will increase the cost of the website. eCommerce websites can be highly customized and the price can go quite higher. Contemporary technologies such as artificial intelligence and machine learning algorithms based on deep learning can make the website cost surge.
Portfolio website
Portfolio websites focus on design and visual appeal to attract users. Hence, such websites include complex and high-quality graphics and even audio-video content. It also needs a lot of space and quick loading time adding more costs. Companies dealing with glamor and the entertainment industry as well as people in modelling can benefit through portfolio websites. The more features you add, the more cost will shoot.
Customized designs can offer unique branding but it can increase the overall web development cost significantly. Such websites require more time and resources to design, develop, and customize.
The website development cost will be minimal with simple user logins and contact form features. However, you will add costs as you add functionalities such as inventory management, shopping carts, security measures, and payment gateways.
The cost to develop a website also depends on the teams – freelancers may offer cheaper alternatives but then they lack professionalism. Offshore IT agencies are preferred and they can offer quality solutions at a bit more extra costs that are worth it. The web development cost also depends on the seniority of web developers for hire. While freshers may cost you less, experienced responsive web developers with expertise in the latest web technologies will cost you more.
When it comes to web development projects, outsourcing to an offshore web development company is always beneficial. Here, the location matters – if you outsource your web development project to European countries or Australian countries, it would cost you more compared to outsourcing web development to India.
CMS makes a big difference in the website development cost. WordPress is considered as one of the most cost-effective options because it is open-source technology and has the best extensive plugin system. For an eCommerce website, such an option is Shopify which works easily and reduces the total cost to develop a website.
Often ignored by clients, ongoing website costs also affect your total web development cost because it is actually a recurring cost you need to consider. Hosting fees, SSL certificates, plugin maintenance, CMS updates, domain renewals etcetera do come as a website development cost.
To build a website is not an overnight task. You can go through a detailed guide on website development to know its complexity. These development stages and strategies have dozens of factors that affect the total website development costs.
From basic to intermediate to advanced, different websites have different features and functionalities that ultimately add up to your invoices – for example, a simple website can cost you US $5000, the advanced portal can cost you up to US $250000 or even more. We will see major factors that influence the total web development costs and later we will also go through some proven steps you need to take to bring these costs further down.
Here is a brief on the factors that affect web development costs:
Business size | Website Type | Web Design Costs | Web Maintenance Cost |
---|---|---|---|
Small business | Basic | $5000-30000 | Starts from $3000 |
Medium-size Business | Intermediate | $31000-150000 | Starts from $4500 |
Enterprise Large Scale | Advanced Portal | $151000-250000 | Starts from $5500 |
While the table above shows the website development costs according to business size and website type, the factors can also be divided into several tasks or chunks. Here is the bifurcation with the estimated cost to build a website –
Particulars | Estimated Costs in USD |
---|---|
Domain name | $0.99 – 60 a year |
Website Hosting | $10 – 200 a month |
Responsive design | $5000 – 40000 |
Interactive multimedia | $500 – 25000 |
eCommerce functions | $8000 – 40000 |
Database integration | $3000 – 25000 |
It is never that website development is costly and unaffordable. There are tips and tactics to reduce the cost. If you imply one or more of these below-mentioned tips, you can significantly bring down the total price and still maintain the quality in your product.
Here are the steps you can take to curb the total price:
Define clear requirements because outlining your website’s purpose, desired functionalities, and target audience will clarify the goal. A comprehensive project scope will prevent costly changes in the future. breaking down the needs into must-haves and nice-to-haves is a good way to control the cost. Prioritize features and avoid scope confusion which can otherwise inflate the total cost. Effective communication is also key to making sure that all are on the same board.
Your website does not need all the features that are possible. To save the cost to build a website, you need to prioritize a few features that you require the most. You may choose the ones that match your primary website goals and user experience. You may focus on essential functionalities. Later, you can add features as required.
The web development team’s expertise is directly proportionate to the cost of website development. Freelancers could be a cheaper option but not better. Hire web developers offshore to cut down the costs. Most businesses prefer outsourcing web development to a reputed IT agency because in-house web development will be a costly affair.
Often neglected by owners, you must maintain your website to cut down the cost later. It is better to spend some amount on support and maintenance rather than fixing the issues later with big cost. Prevention is better than cure; hence, go for proper maintenance to save the cost of website development.
Ready to boost your online presence? Build a website now
Now that you have a clear understanding of website development costs, it is the moment to take action and enhance your company’s presence all over the Internet. Reach out to us, a renowned website development company and together we can achieve your business goals and take your company to newer heights.
With bespoke web development, we can help you get on to the digital journey and harness the potential of the latest web technologies such as responsive web design, web apps, and the like. Contact us today and see your brand boost through customized website development by our tech veterans.
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There is no ballpark figure to quote for website development. However, you may consider the range between $5000 to $250000. You can contact website development company to know more about it.
The figure varies from a website to a website. Depending on myriad factors including the offshore/onshore teams, number of features and functionalities, intensity of security measures, and other miscellaneous factors, the budget changes.
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