As of 2021, there are more than 4.72 Billion Internet users across the world. Investing in a single website for your business will be easier to get exposed to more than Billions of users. There is more than 342.4 Million Domains Registered across the world.
Since more numbers of domains are registered so that there is comparatively less competition. About 62% of SMBs have been using the website increases the credibility of their business with an online business. Based on a report, more than 62% of small-midsized business has increased the reputation with the website.
How Much Does A Website Cost?
Whether you are looking to operate the business offline or online, building and maintaining the website is important. Before starting a website, it is quite necessary to know about the cost. The upfront cost starting from the designing, launching, and maintenance would cost from $12,000 to $150,000.
Routine website maintenance could mainly range from $35 to $5000 per month, and it could also cost $400 to $60,000 per year. For the web design and website maintenance, there will be different expenses, but these would automatically be suitable for increasing the business’s online presence. Website designing costs could vary from the agencies, platforms like WordPress, and many more.
Estimations For Building Website:
Based on recent research, the average cost for building a small business website ranges from $1,000. For the complex custom website)., the average cost would be $95,000 and more. The cost could vary based on the platform that you choose or the agency. For creating the typical website, it is required to spend between $100 and $500 based on your needs. The price for the custom feature-rich website could be as high as $30,000 or more. Building a complex custom website could cost more. Various factors especially influence the final cost of website development.
Some of the factors that affect actual website development cost include the following:
- Factors by phases
- Factors by types and purpose
- Informational or Small Business Website (8-16 pages) – $2,000 – $9,000
- Corporate Website (25-75 pages) – $10,000 – $35,000
- Ecommerce Website (100-1000 products) – $5,000 – $55,000
- Database Driven Website (20-2000 pages) – $6,000 – $75,000
For Domain Name:
As of March 2021, there are 154.6 million domain name registrations for the .com domain name. For the .Net domain name reached 13.4 million domain name registrations. When you are building a website, it is important to concentrate on the domain name. Unique address in the address bar of the browser will cost from $5 to $15 yearly. Customized domain extensions like .online, .restaurant, and many others could vary from $200 and $300 per year.
For Theme: Web designing mainly included a variety of visuals and websites. This also varies with the usability of a website. When you are looking for a high-end web design style and graphical feature, then it could cost more. Simpler web design style and theme would cost lesser, and it could range from $2,000 to $15,000.