loading...
Cover image for How to make an e-commerce site and what is the cost in 2020?

How to make an e-commerce site and what is the cost in 2020?

arateg profile image Arateg ・3 min read

In this article, we’ve considered how to build an e-commerce platform. We have also calculated the cost of developing an e-commerce website and are ready to show it to you. But first, take a brief look at how the coronavirus quarantine is affecting the industry.

How is the COVID-19 outbreak impacting e-commerce?

As online shopping is one of the most popular Internet activities globally, the e-commerce sector is rapidly developing even without the impact of coronavirus. In 2019, retail e-commerce sales worldwide reached $3.5 trillion, while online retail revenues are forecasted to increase to $6.54 trillion in 2022, which is almost 2 times higher.

How COVID-19 is affecting the retail and e-commerce industry:

  • Under the impact of the COVID-19 outbreak, growth trends in online retailing have seen significant ups and downs the third week of March 2020, in comparison with the same period in 2019 (Statista).
  • In Italy, online retail transactions increased by 101% during the third week of March 2020. In the United Kingdom, the weekly growth rate reached a peak after the national lockdown imposed at the end of the month (Statista).
  • The Wall Street Journal reported that Amazon is going to hire 100,000 workers in the United State and increase hourly wages by $2.
  • Currently, grocery delivery services are witnessing exponential business growth. In accordance with the report by Apptopia , mobile app downloads raised by 124%, 160%, and 216% for Shipt, Walmart Grocery, and Instacart respectively.

How to make an e-commerce site in 2020?

To build an e-commerce site, you will have to buy a hosting and domain name. You will also need an SSL certificate to encrypt data. The cost is the following:

Domain name — $10-$20 per year
Hosting — $100-$200
SSL certificate — $6 to $150

E-commerce platform development consists of the following stages:

1) Discovery stage, when an IT service vendor analyzes the project goals and requirements
2) Design
3) Development
4) Testing
5) Debugging
6) Deployment
7) Maintenance

Each software project that a company builds from scratch, passes the same steps. However, e-commerce website development has some peculiarities. For instance, you will have to integrate a shopping cart and payment gateway.

Technologies that you can use to launch an online shop are:

Frontend (what users actually see on the screens and interact with): JavaScript, TypeScript, HTML5, CSS3, React, Angular, Vue.js, Redux, MobX, etc.

Backend (what powers the frontend and implements a business logic): PHP, Python, Ruby, Flask, Django, Node.js, Express, Laravel, OctoberCMS, etc.

The choice of the tech stack for e-commerce platform development depends on your project requirements. For example, Python allows programmers to faster write applications and increase system scalability, JavaScript and TypeScript let them release modern high-scalable solutions, React is a great library for creating modern intuitive user interfaces.

Find out how to choose the technology stack for your web project or contact us to receive a consultation from software experts.

Top 8 features that you should add to your e-commerce site

So, you are going to make an e-commerce site. But where should you start? What functionality has the highest priority? We’ve collected a list of the key components that you should build and indicated the time for their development based on our practical experience.

1. A catalog page and product search

This is the page or pages where all products and their prices are displayed. A search engine provides customers with the ability to browse goods and quickly find what they need. This feature can include product categories, search filters, search on the map, and defining user location. The first two are those that you should integrate first of all.

Continue reading...

Discussion

pic
Editor guide
Collapse
pathaksaurav profile image
Saurav Pathak

Making an eCommerce today is something, not a big task especially due to the availability of so many opensource technologies. PHP is of the most popular web technology used across the world and Laravel is one of the most popular web framework built on PHP. On Laravel, Bagisto is one of the most popular opensource eCommerce platforms.

The highly scalable structure and easy usability of the platform make it easy for any laravel developer to use bagisto and customise it as per their needs. The platformed is adorned with 100+ features and 70+ extendable add-ons to be made used for eCommerce.