Planning and launching an online venture is exciting. Starting a digital business is becoming easier and it is now perceived as a viable investment option that can generate passive income generally on par with other options such as stocks, forex, or mutual funds.
Unfortunately, very few stores barely survive beyond their first year of operations because of various reasons such as lack of motivation, weak product lineup, incomplete market research, or incompetency in operations.
However, the most common reason why many ecommerce stores fail to go further than the drawing board is misconceptions about the actual cost of launching the store.
The following article does not cover the entire WooCommerce cost of doing online business but it does address various pricing involved in running an online store.
- How Much Does WooCommerce Cost?
- Popular WooCommerce Plugins Cost
- Other WooCommerce Cost (optional)
How Much Does WooCommerce Cost?
WooCommerce is a free to use WordPress plugin. Since both are free, in theory, you can start a store for $0, given that you already have a place to host it, and a bunch of products to sell.
However, things are not that simple in a not so perfect world. While running a WooCommerce powered store, you have to consider other costs that are essential for running a profitable business.
I will cover these costs one-by-one and by the end of this article, I hope you will have a better understanding of the major items to include in setting up the budget for launching and maintaining WooCommerce stores.
A domain is an address on the web that is easy to remember and relatable to the nature of your business. I am sure you can find a million bad domain choices on the web but you can easily avoid this a wrong decision by thinking it through or using online tools that suggest relevant domain names for your online store.
For example, I get so many relevant suggestions for my dairy farm store by using one of these free tools.
It is difficult to put a specific price tag to a domain. In fact, the final cost varies on factors such as the registrar, extension (.com, .net, .io), and the uniqueness of the domain.
If you are not very picky but lucky you can get your desired domain in under $10! All you have to do is to search for the right phrase.
Let me give you an example, for my dairy farm store; instead of hunting for the dairyfarm[dot]com domain – which by the way can cost me a fortune (if available), I can try close variations such as “everydaydairy.com”. Go check it out, it might still be available.
The domain cost is not directly linked with the WooCommerce store cost but it is important to have a relevant domain before selling online.
Domain Cost: ~$10
WooCommerce Hosting Cost
Your domain is your business address on the web but you still have to get a place where your WooCommerce store can live. This place is known as web hosting and it also contributes to your monthly WooCommerce cost.
You can share a dorm room, or rent an apartment or live in a house all by yourself. Similarly, you can either host your eCommerce store on shared hosting, VPS, managed Cloud hosting, or dedicated hosting.
A comparison of these different types of hosting services is out of the scope of this article. However, you can read a detailed comparison of shared, cloud, and dedicated hosting written by my colleague Mansoor on this blog.
Hosting the eCommerce store on a cloud server has tons of benefits. And if you decide to go with managed cloud hosting, it can cost you between $30 to $100 depending upon the hosting provider.
Cloudways managed WooCommerce hosting starts as low as $10/month and offers a powerful solution where your WooCommerce store runs on a high-performing cloud server powered by a robust hosting stack and an intuitive platform.
Cloudways does all the heavy lifting for you and manages the server so you can invest your time building and managing the online store.
Managed WooCommerce Hosting with Cloudways: ~$10
WooCommerce Theme Cost
When it comes to a WooCommerce theme, you have literally thousands of options to choose from, both at the official WordPress repository and third-party marketplaces. Although you can use great free WooCommerce themes to design any online store, a free theme usually does not come with exclusive support and may not be the right fit in its original state.
The other option is to go shopping for a premium WooCommerce theme which is custom-built and comes with dev support. A premium WooCommerce theme supports WooCommerce core, popular extensions, and customized elements & widgets for unique store branding.
A premium WooCommerce theme can add somewhere between $30 to $200 to WooCommerce pricing. Various elements such as licensing, support, add-ons, renewals, also affect the final price of the theme.
WooCommerce Theme Cost: ~$89
WooCommerce Store Development Cost
WooCommerce theme covers the development cost pretty much. However, depending upon your level of expertise and business needs, you might need to hire a professional developer to customize the store exactly as per your requirements.
You can either hire a developer through various freelancing platforms or hire an agency depending upon the nature of work and timeline. Both options have a similar impact on WooCommerce development cost. You need to decide the option that fits your budget requirements.
Freelance developers usually charge hourly rates that can vary between $40 to $120 an hour. This may seem pretty straightforward but things can get out of hands quite easily if you do not have a detailed action plan and observe strict deadlines for the project milestone.
WooCommerce Store Development: ~$55/hr
Popular WooCommerce Plugins Cost
Let’s look at some of the best WooCommerce plugins that are needed to run almost any kind of WooCommerce store. Remember, it is not always mandatory to use a paid plugin, sometimes even the free plugins can get the job done.
|Stripe||Payment Gateway||FREE (2.9% + 30 cents per transaction)|
|WooCommerce PDF Invoices||Invoicing||FREE|
|Yoast for WooCommerce||SEO||$69/year|
|WooCommerce Google Analytics||Analytics||FREE|
|Product Import/Export plugin||Utility||FREE (premium starts from $69)|
|MalCare Security||Security||FREE (premium starts from $99/year)|
|UpdraftPlus||Backup||FREE (premium starts from $42/year)|
|WooCommerce Restaurant Food Ordering System||Restaurant||FREE|
Shopping Cart Plugins
|WooCommerce Abandon Cart||FREE|
|WooCommerce Checkout Manager||FREE|
|Discount Rules for WooCommerce||$49/year|
|Beeketing||Marketing/Sales||FREE + Premium Add-ons|
|WP LiveChat||Communication||FREE (premium starts from $16/mo)|
|MailChimp||Email Marketing||FREE till 2000 contacts|
|Facebook for WooCommerce||Social Media||FREE|
Other WooCommerce Cost Involved
Depending upon the scale of your business, you might need to consider other WooCommerce items needed for running the online store.
Virtual assistants are the professionals available on a contract basis to take care of a variety of business-related tasks such as answering customer queries, processing online orders, communicating with vendors, working on generating sales leads, or managing the store.
Virtual assistants can be a great fit for your online business, particularly when you are in the process of scaling the business. However, very few virtual assistants join as full-time employees, because of the way they work and how they multitask between clients.
You can hire virtual assistants from a number of platforms like Upwork, Fiverr, LinkedIn, or Freelancer. Depending upon the niche, they can cost you somewhere between $8 to $20 per hour.
Virtual Assistant: ~$10/hr
Just like any business, your online store also requires frequent maintenance that can add to WooCommerce pricing. The tasks included in the list can be:
- Plugins renewal fee.
- Theme renewal fee.
- Store updates.
- Troubleshooting issues, etc.
I hope that by reading this article, you have a better understanding of how much does WooCommerce cost. It is crucial for an owner to know the cost of doing business before doing business. Although there are various costs involved in WooCommerce, it is still one of the inexpensive solutions to start an online business.
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Ibad Ur Rehman is a WordPress Community Manager at Cloudways. He likes to explore the latest open-source technologies and to interact with different communities. In his free time, he likes to read, watch a series or fly his favorite Cessna 172SP in X Plane 11 flight simulator.