Every business now wants to show their digital presence because no one is want to lose their customers. An eCommerce website is one of the way for every business to reach out directly to their customer but question is that, is all businesses are able to afford the cost which are required to build an eCommerce website? How much it would be cost to build an eCommerce website? We are came up in this article with all the answers for all such questions which arises in every business owners mind.

As per available data, as of July 2020, almost 4.57 billion people were active internet users (source: statista.com) i.e. at least 59% of the global population is surfing the internet nowadays. The more use of internet and offerings results in people’s preference and they are now looking for an e-commerce store rather than to visit at a physical store.

Websites like Flipkart, Amazon and Snapdeal is a multivendor store where vendors are allowed to create and upload their products. People are always keen to know the pricing to develop an eCommerce website. The pricing of such website it depends on various factors like required features, technology stack used, design, customization of products/ plugins and other integrations(API, Payment Gateways, Accounting software) etc.

Some must have Ecommerce Website Features:

Features list can be developed in two phases one is for your customer and the second one is for admin or administration to update & manage every action. The detailed features lists for both are given below:

For Customer:

1. Hassle-free User Login and Registration
2. User Dashboard
3. Product Gallery
4. Wishlist
5. Detailed Product Descriptions
6. Multiple Product Image Uploads
7. Product Reviews & Ratings
8. Product Filtering and Sorting
9. Shopping Cart
10. Order Summary
11. Shipping Options
12. Online Payments & COD
13. Order Tracking
14. Returns/Replacements and Track Status
15. Refunds and Refund Status
16. Pin code Order Availability check
17. Product Recommendations
18. Apply for Coupon/Gift Card
19. Membership Options & Loyalty Points
20. Newsletter

For Vendors:

1. Vendors Registrations and Login
2. Vendors Dashboard
3. Inventory Management
4. Catalog Management
5. Promotions/Discounts
6. Shipping Management
7. Reports and Analytics
8. Customer Support

For Admin:

1. Admin Dashboard
2. Store Management
3. Administrator Management
4. Customer Management
5. Content Management/ Blogging
6. Order & Shipping Management
7. Email Marketing
8. Payment Management
9. Refunds and Replacement Management
10. Tracking Management
11. Reporting Module
12. Coupon Management
13. Rewards/Cashback Management
14. Customer Support
15. Multilevel Security

Multi-vendor eCommerce websites help in increasing product sales and can generate high ROI and the pricing to develop such website is based on customization. If you are asking developers or eCommerce development companies then it will cost somewhat around $5000 to $10,000 and can be increased or decrease subject to customization.

Developing a multi-vendor eCommerce website enables you to run your business in an organized manner and helps you in scaling small/medium brick and mortar/physical store to reach a new height with all-time high ROIs by attracting large pool of cutomers available online in addition to footfal to your prestigious store. We, TZI Solutions Pvt Ltd, have extensive years of experience in custom eCommerce website development and will be happy to help you with your requirements. As you are looking for someone who can build a website then TZi Solutions is the place for you.