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Home 2018-05-17T06:09:24+00:00

How Much it Costs to Build an Online Store: All Information Revealed

Planning to start your own online business? Wondering how much it costs to build an online store? You have come to the right place!

If your mission is to start the next Google, the next Facebook or Snapchat, you will probably need a large amount of money to start your business. If you want to start the next eBay, you will need to need to hire professional web developers and designers and also invest a significant amount of money to start.
However, if you want to make enough money so you can finally quit your 9-5 job, believe it or not, you don’t need much money at all. As a matter of fact, depending on your end goal, you can get started with an online business for less than $10.
When it comes to building your online business company, the costs will depend on a few different factors. Here are some of the things you need to consider:

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The cheapest and probably the simplest way to start selling items online is dropshipping. These are the best reasons why this option tends to be the business model that most new business owners gravitate towards. Dropshipping is when the owner of the business gives some profit to the carrier so he can avoid having to carry any inventory. It is a win-win situation for both parties. When a customer places the order and purchase something, the business owner places an identical order with the vendor. Then, the vendor ships the product to the purchaser. The profit made is the selling price minus the goods sold and a small drop shipping cost.
When it comes to starting costs, here is the minimum investment that you need to start your own online store and using a free open source platform:
If you make the calculations, you will see that the total price is between $5.45 and $76.45 which doesn’t really sound like a lot of money.
With a free open source ecommerce solution, your monthly expenses will be on the order of $5-$6. But, if you have don’t technical skills, you know nothing about coding, and you don’t want to deal with any maintenance or setup, you can select a fully hosted platform. BigCommerce and Shopify are two of the best platforms on the market. The best thing is that they will take a professional care of all of the setup needed including security, payment processing, and etc. Both platforms cost $29 per month.
So, what are you planning exactly? Are you ready to get serious about your online business? Is this dropshipping business seem interesting to you? Share your experience with us!