With the number of existing eCommerce solutions available on the market today, choosing the most suitable platform can be challenging. The choice is important, however, as it plays a big role in the success or failure of your business. This is especially true for smaller companies and startups operating with limited budgets.
eCommerce platforms allow you to build an online storefront with powerful and feature-rich dashboards. They are a vehicle for expanding your market presence because they allow you to manage sales, marketing and operations through a single channel. Every option comes with a cost, which is an important factor for every business to consider. You must weigh which features your business needs to run smoothly with the cost of such features.
Here is some insight into the costs associated with Shopify, Magento Open Source and Magento Commerce. It covers setup fees, monthly pricing, bandwidth charges, transaction fees and template/add-on costs.