How Much Does It Cost to Build a Website For a Small Business in 2024

How Much Does It Cost to Build a Website For a Small Business in 2023

With the increased reliability of a brand’s online presence, it’s key to reach out as far and wide as possible to make your business known. Having said that, building a website on your own or by using a website-building service takes money. When you can’t decide whether to prioritize time or money, the best plan is to turn to e-commerce website design services.

This article discusses the numerous elements that affect the cost of developing a website. With all the important information about what needs to create a website, you get an estimate and a budget for building your website.

What Determines the Cost of Your Website?

Knowing the cost of each and every element of building the website is important to know. This information will help you prioritize and choose what you need to invest in and how much. There are two options to approach building a website. One is DIY or avails e-commerce website design services. Depending on your needs and website launch strategy and how much time you have in your hand, you can go about building your website.

One can get a domain name for $10-$20 annually. Whereas website hosting can be arranged at $24-$120 per year and SSL certificate at $8-$1000 per year. Design and branding cost around $2000 to $10,000, and functionality and complexity for $2000 to $25,000. One can also get a Content management system (CMS) at only $500 to $4,500.

Domain Name ($10-$20 a year)

A domain name is an independent and unique website name. A domain name can be explained as the name of the exact lane in your address. For example, ‘youtube’ is the domain name in www.youtube.com. There are many domain name providers, such as Hostinger, CloudFare, HostGator, DreamHost, etc. A custom domain unique to your business plays a very important role in branding. This makes Google searches better and helps your brand stand out. With integrating a payment gateway or more, having a custom domain name will be the way to go.

Website Hosting ($24-$120 / year)

The purpose of website hosting is to have an online space to store and access web content. Web hosting helps gain more visibility on your website. By hosting your website, your web content will be stored so that it is available for access by the public whenever they search for it on the web. There are many web hosting platforms. GoDaddy, HostGator, WordPress, etc., provide web hosting services apart from just providing Domain names.

These are some of the best eCommerce website development companies in the USA. For smaller businesses, a more cost-effective option is to use shared hosting. They also serve the initial purpose of web hosting. Shared hosting comes with limited server resources; however, it suffices for small sites because they require fewer resources.

SSL Certificate ($8-$1000 / year)

An SSL certificate is mandatory to securely transfer sensitive or confidential data. Let’s take an example of an online transaction that happens on your newly built website. Your website has bank details, CVV, and other confidential buyers’ information. To get this confidential data transferred safely, an SSL certificate is mandatory. The data transferred between web servers and browsers need to be encrypted so that the confidential content is not susceptible to leaks. Investing in an SSL certificate based on the vastness of data is extremely important; the price per year too varies on this parameter.

Design and Branding ($2000 to $10,000)

Design and branding are key factors that affect website building costs. Tailored website designs created to support your small business’s branding elements are more expensive than using pre-designed templates. If you already have a logo, color scheme, and visual identity, it can help reduce design costs. However, investing in professional design services can significantly increase your website’s looks and user experience. This will not only contribute to your brand’s credibility but also to overall success. Designing and branding the website comes with only one purpose: attracting more visitors. This way, more leads can be generated, leading to more sales.

Website Type and Complexity ($1000 to $5000)

The type and complexity of the website will determine how much it will cost to develop. Basic informational websites, e-commerce websites, and specialized web applications are the three main categories of websites. Basic informational websites typically have fewer pages and straightforward functionalities, making them more cost-effective to develop.

E-commerce websites require product listings, payment gateways, and the like, which increase the overall cost. Custom web applications, such as membership portals or complex interactive platforms, have the highest development costs due to their unique requirements. For someone starting off a business, it is suggested to opt for information or e-commerce websites, depending on the type of business. Out of the many options that you’d have, it is best to check out the best Los Angeles SEO company to work on the website’s complexity.

Content Management System (CMS) ($500 to $4,500)

A CMS allows you to easily manage and update your website content, such as product listings, filters, shopping carts, etc. Choosing the right content management system is essential for your small business website. Commonly used CMS platforms like WordPress or Joomla offer a range of customizing options that are comparatively cost-efficient. However, if your website requires complex functionality or custom features, a more specialized CMS or a customized solution may be necessary, leading to higher development costs.

Responsive Design and Mobile Optimization ($500 to $5000)

Having a responsive and optimized website for mobile devices is essential since everything is at our fingertips. Responsive and dynamic designs ensure that your websites adapt seamlessly to different screen sizes and provide a seamless user experience across devices. Building a responsive website costs far more than a non-responsive, static one. However, investing in mobile optimization is worthwhile, considering the increasing number of mobile users.

Additional Features and Functionality ($100 to $500)

Other miscellaneous factors, such as additional features and functionalities, influence the cost of building a website. For instance, integrating third-party systems like CRM software, payment gateways, or booking systems may require additional development efforts and incur extra costs. Similarly, features like contact forms, live chat support, social media integration, etc., can add to the overall development expenses.

Comparison of DIY Web Design With Professional Web Design Cost

There are many e-commerce website design services available online. The biggest disadvantage of using a website builder is that it comes with certain limitations. You would have to build the whole website by yourself from scratch. Curating a website from the start would be tedious if you are uncomfortable with the marketing/design/web aspects. Apart from that, only certain standard features can be used for building your website. This generally limits the creativity of the website. This costs in the range of $300 to $500 a year.

However, a professional web design costs in the range of $5000 to $1000. The advantage of outsourcing this task is that you would have customizable options and freedom of time. Your hands would be free to focus on the other aspects of the launch of your business, while you can hire any of the Los Angeles SEO companies that will take care of deliverables and deadlines for your website.

Ongoing Maintenance and Updates

It’s important to consider the ongoing maintenance and updates required for your website. Regular updates, security patches, and bug fixes are essential to keep your website secure and functioning. Considering the cost of maintenance and updates is crucial for the smooth running of your website. Ultimately, it is your visitors and potential customers who would interact with your website.

These are the recurring costs:

Site Element Cost Reason
Domain name $2 to $20 / year Renew yearly to prevent anyone else from buying it.
SSL certificate $8 to $1000 / year Renew yearly to keep website contents safe and secure.
Website Hosting $24 to $120 / year To keep your website live by paying for website hosting regularly.
E-commerce functionality $150 to $350 / year To maintain an e-commerce facility with high security.
CMS $500 to $4500 / year CMS subscriptions are needed for business needs and seamless user experience
Website maintenance $200 to $1500 / year Regular maintenance, like updates and regular bug fixes.

The cost of e-commerce website design services for a small business in 2024 is variable depending on various factors such as website type, complexity, design, CMS choice, and ongoing maintenance. A website is the face of a firm or business. It is the first thing a visitor(potential customer) comes in contact with about your business. It’s important to approach website development as an investment in your business’s online growth rather than only focusing on upfront costs. As the starter of a small business, it is recommended to research some of the website development companies in the USA and opt for the best choice.

Bhavin M, co-founder of Icecube Digital, spends much of his time creating simple but valuable content which helps ecommerce entrepreneurs to grow their online business.