It is a fact that e-commerce businesses are expanding all over the world. People nowadays are looking for easier, more effective, and more cost-effective ways of living. Therefore, they are starting doing online business.
But the main question that arises is the cost associated with starting an online business. So, let’s look at the cost that occurred to start an online business.
E-commerce software costs: As you will select a feature-rich, easy-to-use, and quickly running platform for your e-commerce website, its’ cost will also depend on the platform you select for your business. Choosing the right platform is the most important step in opening an e-commerce store.
Domain name costs: According to Go Daddy, a domain name typically costs between AED 7 and AED 80 per year. It is charged annually; unless you can pay for a few years upfront. If you purchase your domain name from a private seller, it will be more expensive.
E-commerce hosting: After registering with the domain name, now is the time to find a web host. It means that you do not have to hunt for third-party hosting and deal with the challenges of managing it. But still, if you want to self-host your e-commerce store, it will charge from AED 300 – AED 2700 per month as it totally depends on the traffic your store gets.
SSL certificate costs: Its’ cost starts from AED 70 to AED 90 per year. It is the most inexpensive part of your e-commerce platform. It gives the security for the customers to visit and shop from your website.
Design costs: The most important factor that will reflect your brand and attract viewers is the design of your website. If you want to create a unique user experience, you have to pay for your websites’ design.