“To become successful online, you only need to remember web design, SEO, and digital marketing, which are equal to success,” said Dr. Christopher Dayagdag.
It highlights the importance of website development for a business’ digital success. As a start-up, if you are also planning to build a website following a couple of steps to grow digitally, knowing website development cost is vital before you jump onto the development journey. Estimating the ballpark cost for web development is implausible because many components are involved.
It includes domain name, web hosting, web design, web development, content creation, website support and maintenance, third-party integrations, marketing costs, and more. Additionally, businesses looking to add advanced features, enhance security, etc., made invaluable contributions to increasing website development costs.
In this blog, we will take a look at the breakdown of website development cost estimation that helps with budgetary development. Let’s dive in!
Estimating how much does it cost to develop a website
Top website development companies facilitate web development and hosting services to third-party integrations and SSL certificate implementation. Knowing how much it costs to build a website remains a question- that is perfectly answered by web development cost breakdown.
Scope and size of the project
Website development cost largely depends on the website development project’s type, purpose, and size. A personal blog website is simple to build when we go by type. E-commerce, corporate, and news websites are dynamic platforms with required advanced technology integrations that increase development costs.
Small-sized projects with essential features and UI design cost around $10,000, mid-sized projects with an optimal number of functionalities range between $10,000 to $20,000, and large-sized enterprise projects shell out approximately $100,000.
Domain cost
Start-ups create a new, unique domain name for the website using simple .com URLs or expensive top-level domains. Building an online identity with domain name registration costs $10 to $20 annually. The cost is extended when additional functionalities are opted for by start-ups along with domain registration.
Different domain service providers charge distinct costs for domain name registration. Namecheap provides a domain for $0.98, GoDaddy charges $0.01 for the first year, followed by the three-year contract of $21.99 for a .com extension, and SquareSpace charges $20 to $70.
Hosting cost
After domain name registration, start-ups must obtain web hosting to get all the tools required to sustain websites. There are different types of hosting- shared hosting, virtual private server hosting, dedicated hosting, and cloud hosting services that start-ups can opt for. The cost of various hosting services varies and depends on the hosting service providers chosen (DreamHost, BlueHost, etc.). Typically, the hosting service cost ranges between $40 to $500 monthly.
Web design cost
The design plays a vital role in turning visitors into potential customers. So, a professionally designed website by hiring a web designer or considering mobile-friendly templates is a good move. The web design cost depends on the hourly rate of web designers, website functionalities, and website pages. Experienced web designers charge from $30 to $100 per hour, which increases web design costs from $3,000 to $30,000.
Web development cost
Website development involves building functionalities from scratch along with website workflow. Web developers ensure bug-free coding, seamless CMS integration, security measures are taken, and advanced functionalities addition following a systematic website development process. Technically efficient experts with relevant experience helping with quality website development charge $30 to $70, which impacts development costs a lot.
Website maintenance
Website development is an ongoing commitment that requires website maintenance. The website maintenance includes regular updates (features addition, redesign, plugin integration, fixing performance issues, etc), security efforts to enhance security, and continuous backups to ensure data is recovered in case of breaches. The website maintenance cost is 10% to 15% of the website development expense.
Website SEO optimization
Unless the website doesn’t rank well on search engines, start-ups cannot achieve their goals. Increasing SERP requires hiring dedicated SEO experts who continuously work on the website to ensure top rankings. Google Analytics tool is used for traffic, user behavior, and other analyses for free. Leveraging SEO tools such as SEMrush (A premium SEO tool that provides rich insights) ranges between $100 to $400 and helps make data-driven decisions and create effective strategies.
Website marketing cost
In addition to SEO optimization, website marketing and promotion is essential for maximizing website traffic and engagement. Social media integration helps with social marketing, email marketing using advanced tools, and others add up to website development costs. The digital marketing costs rise to $1000 per month depending on the marketing approaches used.
The answer- website development cost
Getting websites developed by a professional website development company is important to maximize benefits. However, knowing the website development cost is equally important to ensure start-ups enable online presence within budget. That’s where website development cost breakdown allows start-ups to know which component of the website development consumes how much money. It helps plan the website development accordingly. Go through the cost breakdown, ensuring the website is developed without cost overruns and hassle-free.