Comparing cost between eCommerce platforms
Knowing the cost of building an eCommerce website is critical to your business because it helps you to determine your return on investment. Whether you are starting out or taking your current site to a new level, the challenge is that there can be many factors involved in creating an eCommerce website and all of them will affect the overall cost to your business.
The key cost components to building a site are:
- Hosting costs
- Licensing costs
- Design costs
- Integration costs
- Add-ons and extensions cost
- Payment processing costs plus sales tax (in some cases)
Hosting and licensing costs can first appear to be simple and straightforward. At first glance, it appears that BigCommerce charges $249 a month. But that is not so if you look a bit closer to how the fees are assessed. BigCommerce limits you to $50,000 in online sales per year, at a cost of $120,000 per year. And it’s only until you reach this level that support services are included. BigCommerce payment processing is an additional charge that is calculated at 2.2% of sales and $0.30 per transaction.
At eComchain, we have a tiered cost structure for Hosting and Licensing fee that is tailored to your sales volume. For payments, eComchain is pre-integrated and supports PayPal, Stripe, Elavon and a dozen other payment gateways for major credit card services. You only pay the processing fees to the gateway service, available as extensions. Stripe is available in many countries worldwide and continues to expand their service territories.
Design costs are another area to consider. BigCommerce offers a choice of 12 pre-defined, out of the box templates at no charge. Anything else would be customized and you will have to pay an additional fee. Considering the competitiveness of ecommerce today, it would be a difficult challenge to pick from a limited number of site designs and be able to stand out from the rest.
eComchain has over 100 pre-built templates to choose from which are already included in the implementation cost. And if there is something more that needs to be built, our team will build it for you. Our unique Site builder is an easy to use, intuitive, drop and drag tool available on eComchain. You can simply build your own unique site without having to know PHP or any other tools.
It can be very difficult to find an eCommerce platform that has all the features you will need to run your business. BigCommerce does not have B2B2C available out of the box. Other features like Marketplace require plugins which are implemented at additional costs on time and material (T & M) basis. As you build your list of requirements and integration needs, the costs for the features you need will add up quickly.
To sum it all up, a typical eCommerce site with $25M in sales volume with 30,000 transactions can vary greatly among providers. When you add all of this up, BigCommerce will cost approximately $559k and eComchain will cost approximately $108k.
eComchain is an “all in one” B2B2C platform that already has over 100 prebuilt features that are integrated and ready to be plugged into your customized site. Some examples of these are: marketing and email campaigns, promotions, analytics, wish lists, price breaks and discounts…to name a few. Since these are already developed, they are ready to go when you are ready to launch your site.
Speed and flexibility are the two most common words our customers use to describe their experience with our team at eComchain. Add that to our competitive pricing and you will find the best eCommerce value for the price at ecomchain.com.
For more information you can see what our customers say at Gartner Peer Insights reviews.