So you’ve decided to give your business a web presence and expand your reach but jumbled with the real cost of website development? We’ve got you covered. This blog will discuss website development cost breakdown and major factors affecting them.
At this juncture, every business is going digital to attain more business. If you do not have a fully-functional and secure website yet, you have higher chances of getting left behind. From small businesses to big enterprises, everyone is aiming to strengthen their web presence to stay ahead and competitive enough to beat.
But, you know what? The thought of developing a website doesn’t concern anyone, but the cost involved in it really does. One of the most common questions clients ask from a website design and development company, “how much does website development cost?” However, if you reach out to a professional digital strategy agency, they will help you easily navigate and understand the complete cost of building a website (depending on your business needs).
Why Is It Difficult to Estimate the Exact Website Development Pricing?
If someone asks you, “what is the cost of building a house,” what would be your answer? You will probably say that the cost will definitely differ based on various factors, such as type of the house, neighborhood, layout, floor area, number of rooms, outdoor space, and more. The same goes for web development.
Web development cost is intricate, and you won’t find a simpler answer. You can’t fix a single quote for all types of websites and business needs because requirements vary from business to business.
Top 8 Major Factors That Affect the Cost of Web Development
The concept of website development is vast. One can have a static, dynamic, custom, e-commerce, or another website. No matter what type of website you need, it’s crucial to know about the factors that determine the cost of website development. So let’s have a look!
The deeper the functionality, the higher the cost. The average cost of building a website often ranges from $10,000 (for a startup/small business website) to $200,000 or more (for a complex custom website). The more features you need in a website, the more complex the design and development will be, and the more resources it will require.
The number of pages and templates you need for your site will affect the cost. In most cases, the number of pages required is mitigated by the CMS you use for your website. But even then, you need to design and develop a variety of different page layout templates that can change things.
If you need page templates for blog posts, regular content pages, product pages, calendar displays, etc., all of these will need to be designed and created, requiring cost accordingly.
The domain name of your site is the web address or URL of your website, such as WebbyCentral.com. However, domain registration is a necessary cost and may vary depending on the type of domain name you choose. It starts somewhere from $150 and goes up to millions. All you need to do is do some research and find the best-suited domain name that aptly conveys your business niche.
Hosting is a type of fee you pay for the space you occupy on the web. It can cost you from nothing at all to hundreds per month for managed hosting. Lots of website builders come with in-built free hosting; however, for a type of e-commerce business space, you need to pay a good amount to reach potential customers.
Depending on your website needs, you can choose from shared hosting, reseller web hosting, virtual dedicated server, managed hosting, colocation web hosting, cloud hosting, and clustered hosting and pay the amount accordingly.
Design requirements affect the cost of web development, whether using a pre-built theme or approaching a custom website design agency that crafts a website for you that gives a unique look and feel to users.
Great design for your website is a baseline requirement, and how you get that great design is what decides the cost of your website design. It starts somewhere from $5,000 and can go up to $1,50,000 or more depending on your web demands.
Believe it or not, but, content is the foundation of your website. It can make or break your website. You can write your web content anytime, and many businesses do that; however, it’s usually a mistake.
Web content writing is a specialized skill; just like you need a web designer to design your website well, you need a skilled copywriter to convey the right brand message using the most effective words. The cost of a web copy depends on the word count required for your web content.
Marketing is the most vital part of making a website successful. Most businesses invest $3,000 to $15,000 per month, though some spend more than $30,000 on marketing depending on the business types, sizes, and needs. Taking up digital marketing services include SEO, SEM, SMO, SMM, video marketing, and content marketing. The cost will solely depend on the type you choose to market your website.
A website full of glitches and errors is a complete turn-off for your visitors, resulting in your potential visitors leaving your website and never coming back. To keep your website up-and-running, routine site maintenance is required.
The cost of your website maintenance usually depends on your website size, complexity, and functionality. Today, businesses invest around $50 to $5,000 per month or $500 to $50,000 or more per year on website maintenance.
Wrapping it Up
From site complexity, size, choosing a domain name, opting for hosting, design requirements, web content to marketing, and website maintenance, we’ve walked you through the factors affecting and the costs involved in building a website.
The web development cost is not only about money; it’s also about the resources you have. Now, take a step forward, pick the best option for you, and build an ROI-driven website.