Mika
VIP Contributor
If you have plans to create an online store, you might be wondering how much money, you will have to spend to create your own online business. Here is a cost breakdown.
First of all, you need a domain, you can get a dot com for $8 on Namecheap. You need VPS or higher hosting. The cost of basic VPS hosting is about $95 on Namecheap. The domain and hosting charges are yearly charges.
You can use free or premium content management. If you use woo commerce, there is zero cost. You might also have to use a premium theme and plugins with woo-commerce, and you might encounter $200 additional cost.
If you want Shopify, you will have to pay $384 for a basic membership plan. For Shopify, you might have to use premium add-ons, which might cost you an additional, $200.
You will also have to do SEO and digital marketing, with might cost you an additional $500.
So, generally speaking, if you want to create your own online store you will have to spend about $800 for woocommerce store, and about $1100 for Shopify store.
First of all, you need a domain, you can get a dot com for $8 on Namecheap. You need VPS or higher hosting. The cost of basic VPS hosting is about $95 on Namecheap. The domain and hosting charges are yearly charges.
You can use free or premium content management. If you use woo commerce, there is zero cost. You might also have to use a premium theme and plugins with woo-commerce, and you might encounter $200 additional cost.
If you want Shopify, you will have to pay $384 for a basic membership plan. For Shopify, you might have to use premium add-ons, which might cost you an additional, $200.
You will also have to do SEO and digital marketing, with might cost you an additional $500.
So, generally speaking, if you want to create your own online store you will have to spend about $800 for woocommerce store, and about $1100 for Shopify store.