Q: How Much Does It Cost To Start An Online Store? A: It can cost as little as $50 or as much as $500+ depending on the type of online store you want to create. The three main factors that will affect your start-up costs are: the cost of your domain name, the cost of your eCommerce platform, and the cost of your SSL Certificate. Let’s take a more detailed look at each of these costs. Domain Name The cost of your domain name will depend on the extension you choose. .com domains are typically the most expensive, while .net and .org domains are usually cheaper. You can expect to pay anywhere from $10-$20 per year for your domain name. eCommerce Platform The cost of your eCommerce platform will depend on the features you need and the size of your business. If you’re just starting out, you can find basic eCommerce platforms for as little as $10/month. However, as your business grows, you’ll likely need to upgrade to a more robust platform that can accommodate your increased traffic and sales. Some of the most popular eCommerce platforms include Shopify, BigCommerce, and Volusion. These platforms typically range from $30-$300/month. SSL Certificate In order to accept credit card payments on your website, you’ll need to purchase an SSL Certificate. These can range in price from $50-$500/year, depending on the level of security you need. In general, we recommend that you purchase an SSL Certificate from a reputable company like Symantec or GeoTrust. Start-Up Costs Summary Overall, you can expect to spend anywhere from $50-$1,000 when you’re first starting your online store. Of course, this is just a rough estimate – your actual costs will depend on the specific platform and features you choose.
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