Magento Pricing Guide: How Much Does It Cost To Build Magento eCommerce Store?
Magento is a well-known open-source ecommerce platform that has been written in PHP and was released in the year 2008. The success was great, and by the year 2015, the world was stormed by magenta 2.0 with some minor and major updates that were brought within the previous version.
The eCommerce business started, it is completely dependent upon the investment made by the business owner. But for determining the precise development cost of Magento, it can become quite challenging. But if the business has plans to hire Magento developers, it will be beneficial and effective. Considering the same, the article has been prepared to provide complete details about the Magento pricing, price determinants and how much it can cost for creating the online store and much more. Give a read to understand it better.
Considering the maintenance and implementation cost according to Magento Development Company, it is not that easy because a lot of factors are considered for it. Magento is known for offering different price plans. A business can easily choose amidst the best-suited plan.
Magento, it offers 3 editions to the business to choose from. On the one hand, where the basic price plan is completely free to use, the enterprise edition can cost around $22,000 per annum. The cloud version of its cost per annum is $2000 (hosting services not included).
For a better explanation, if a business is choosing enterprise edition, the cost of development for this plan will start at $22,000 annually. It can even increase considering extensions and plugins, which are decided for installation. If a business makes a decision to use an eCommerce platform, remain prepared for splurging on the extensions and plugins for the increase in the functionality of the store.
As of now, three editions are offered by Magento. The names of editions change yearly by Magento. It is completely dependent upon the edition chosen, what price will be charged for the final edition. In-detail Magento editions considering functionality,
Read More: How to Hire a Magento 2 Developer: Steps to Get It Right
As said above, the community edition version of Magento is free to download, but the user is required to pay for the other features. It might cost around $15000 per annum with some standard functions, no integration, along with an external system and free theme. As one will be required to make the payment for the features, giving a read below about the additional cost which will be required to be spent on different services will help.
Complete support is provided by the team of Magento in this edition. Subscribers also receive customer support through email and phone. $18,000 per annum is the annual subscription fee for the enterprise edition of Magento, and this addition is quite good for medium-sized businesses.
Several advanced functions are offered by the commerce cloud version of Magento. This edition is preferred by varied large businesses having a big turnover. The eCommerce app development cost of using this edition completely depends upon the revenue generation of the business. Any business owner earning above $25,000,000 will be required to pay the licence cost of $22000, and this can even go upward to $190,000 annually.
A web store (basic) that is based upon Magento, might require an expense of between $22,000-50,000. It can even be cheaper if a business wishes to continue with the basic store and few extensions. The development pricing of Magento will be dependent upon the factors including edition and hosting services are chosen, the customization level of Web Store, options for development, installation of extensions and themes, etc. Remember, it will all be worth it because the Magento development, the cost of it always outweighs the benefits provided to the platform.
So once the edition is chosen, just install the Magento plugin and customize the store. Install extensions if required, and that’s it. The Magento web store is completely ready and functional. Enjoy the services.
WRITTEN BY: Sunny Patel
Sunny Patel is a multi-skilled IT consultant at CMARIX, a leading web app development company offers flexible hiring models to hire a dedicated developers. With…
FEW MORE POSTS BY Sunny Patel: