There is no doubt that the“WooCommerce” platform is the first choice of top eCommerce giants across the world. Most of the businesses prefer WooCommerce to develop their online storefront because it’s highly customizable. You can include features you want, use the required range of hosting, and much more. However, to start up the WooCommerce store you must know the fee required and hidden cost to run a store, which you might realize when you will sink in-depth of your project. If you want to launch your own WooCommerce store, know the exact budget you need to invest to build your digital storefront to save your time and effort in the long run. Here we will provide an idea about how much it cost to set up a WooCommerce store.
Let’s focus on the cost-determining factors of developing a WooCommerce store.
Hosting and Domain
The two basic elements to create any website are hosting servers and domain names. In the very first step, you need to select hosting and domain services appropriately within your budget.
The website hosting service allocates space in a physical store for which you need to pay fees. The server is used to store website data like files and media. If you want to expand and grow your business, the host must have enough space to manage all content. High traffic and a huge load of product pages can slow down your site. This would negatively impact the conversion rate. There are different hosting options available in the market. You need to analyze which one fits your goals, budget, size, and objects.
The Hosting Service Providers Recommendations:
SiteGround – It’s a high performing ideal host for single sites. It provides hosting services plans starting at the price of $14.99/month.
DreamHost – It’s the highest-rated web hosting server. It provides dedicated hosting services at a price of $299.95/month and cloud hosting at the price of $4.50/month.
BlueHost – Its the cloud hosting platform managed by WooCommerce. It offers optimum performance, 24/7 support, and ironclad security. It provides a dedicated hosting service at $142.47/month.
The next investment in WooCommerce is in registering the domain name. The domain name is represented as the website name. The domain URL address links the visitors to the website. Without this, it would be difficult for the users to find the site over the internet. You need to register a domain name before working on it. ICANN is a non-profit company in-charge of namespaces on the internet web and responsible for reservation of domain names. The domain name registrar provides service initially at an affordable price which increases with the time.
“You can watch this video to estimate how much does a domain cost from GoDaddy.”
Domain Name Registrar Recommendations:
GoDaddy: Get a domain name from $2 to $20 per year.
Gandi – ”.Com” at $15.50/year and “.net” at $18.50/year.
Doteasy – ”.Com” and “.net” both at $25/year.
SSL stands for “Secure Socket Layer”. This technology is responsible for the security of the data transmitted between the servers and browsers. The data is sent in an encrypted form named as Hypertext Transfer Protocol Secure or HTTPS. The SSL certification is so important as it allows both visitors and servers to identify the website. The certificates are actually small data files to validate your organization’s website identity. It is very important to securely transfer data such as usernames, credit card information, passwords, etc. The eCommerce website SSL certification cost starts from $9.45/year(GoDaddy) to $122.88/ year(Namecheap)
This is an optional expense, you can choose themes for your WooCommerce store. Most of the business startups use WooCommerce themes because it’s simple, intuitive, flexible, and well designed. It offers open-source, free of cost, and easy to use themes but with limited functionality. To add creative, innovative, and updated solutions you need to pay. The paid themes are eye-catchy, feature-rich, scalable, and extensible. The theme charges may cost you from $20 to $100 per year.
Storefront Child Themes – priced at $39/theme
Divi Elegant Themes – regular license at $89/per year
Flatsome Theme – regular license at $59
The Retailer Theme – regular license at $59
Shopkeeper Theme – regular license at $64
WooCommerce users can configure for multiple shipping zones and set up differently for each of the methods. You are not allowed to access functionality such as dynamic shipping, managing returns, tracking, and much more. To provide the user with a good experience these advanced functionalities are important because it impacts the entire business. As online shoppers expect to check out all information regarding product delivery. You need to add up extensions to avail your customers with all the required services.
Shipping Extension Recommendations:
Table Rate Shipping: Available at the price $99
Distance Rate Shipping: Available at the price $79
ShipStation Integration: Available at the price $9/month to $159/month
Payment gateways allow secure and safe online transactions. Each of the payment systems varies in structure and cost. WooCommerce majorly integrates with most of the payment options available universally. WooCommerce Payment is available directly in the dashboard by which you can manage all your payments and it has no setup or monthly charge. WooCommerce offers so many payment options like to receive payment from abroad you need to offer the user with local payment gateways.
Payment Gateway Recommendations:
Paypal : 2.9% + 0.30 cents per transaction
Stripe : 2.9% + 0.30 cents per transactions with extra charges
Authorize.net : 2.9% + 0.30 cents per transactions + $25/month
You can set up your WooCommerce store free of cost. However, to make your business stand out in the crowd you need to spend extra for additional functionalities. The premium extensions are available which can quickly add up to your online business. The extension would provide you with advanced shipping features, email marketing integration, and additional payment gateway. So, How much does it cost to set up a WooCommerce Store? It’s not easy to estimate because the overall cost price tags to create a WooCommerce store differ from each other as the expenses significantly depend upon the various factors. To create a high profit generating storefront within your budget, schedule a call with us.
“Disclaimer: The opinions expressed on our blogs are not necessarily the opinions of APPWRK IT Solutions. The Content may be changed without notice and is not guaranteed to be complete, correct, timely, current, or up-to-date. Similar to any printed materials, the Content may become out-of-date.”