one of the main reasons woocommerce has become so popular is that it's free however at iwd
agency we've been building woocommerce sites for years so i can tell you that's not completely
true if you plan on using this popular ecommerce platform to build a site your customers will love
there are seven costs you need to consider number one hosting your woocommerce website
the first is the price of hosting which can start as low as just three dollars a month maybe a bit
more depending on the provider you choose you may decide you'd rather go with a vps or
a virtual private server because it offers better security reliability and overall performance even
then the price could still be as low as twenty to thirty dollars a month for probably no more
than a hundred dollars woocommerce also offers hosting through popular providers like bluehost
godaddy and nexus at very affordable prices number two the domain name for your woocommerce site
next you have to pay for your site's domain how much you'll pay depends on the name you want
unless you plan on purchasing an existing domain name you can usually buy one on sites like godaddy
for as little as one dollar a month number three a theme that fits your brand next your
site needs a theme the theme covers everything from the layout of your site to its color scheme
to its overall style to say it's important is an understatement you want a theme that's going
to fit your company's unique brand while also supporting the functionality you need it to have
luckily woocommerce offers a number of different themes in their marketplace many of which are
completely free others cost 39 79 or 129 dollars a year or may even be just a one-time fee those
options are only the tip of the iceberg though because woocommerce is a plug-in for wordpress
there are countless themes out there to choose from just check to make sure the one you like
will work with woocommerce this isn't always the case with wordpress themes alright so far
a great woocommerce website is only costing you about thirty dollars a month give or take
number four ecommerce extensions for the functionality you need
however you'll also need a number of extensions to ensure that it can do everything that you want
how many and which kind of extensions are completely up to you but there are definitely
a few that you should consider payment processing extensions for example your site needs a payment
gateway fortunately woocommerce integrates with all the popular options like paypal
square stripe and authorize.net most of these gateways charge a monthly subscription price
plus an extra transaction fee both tend to be minimal for example paypal and stripe both cost
just 30 cents per transaction plus 2.9 of the purchase price now if you really want to give
your store's conversion rate a boost and drop your cart abandonment rate we have a woocommerce
one-page checkout extension that's cloud-based responsive and takes just minutes to install
oh and it's completely free check the description of this video for the link
sales extensions you should also arm your woocommerce store with sales extensions to
ensure that you and your customers enjoy smooth transactions here are the three
you may need again i'll put links to them in the description first there's woocommerce
pre-orders which will let your shoppers order a product before it's released for only 129 a year
second woocommerce subscriptions will let you sell products through a subscription-based model
so customers receive new versions on a regular basis and are charged recurring payments
it'll run you 199 a year finally if your company offers a product that requires reservations like
a rental or a service that requires appointments use woocommerce bookings to update your store's
calendar in real time it's 249 a year shipping extensions fortunately there's more good news
if you choose woocommerce as it automatically calculates taxes and shipping prices from leading
carriers this service is built right into the woocommerce dashboard at no extra charge
nonetheless i recommend you take advantage of woocommerce shipping which is a free extension
that you can use to print shipping labels right from the dashboard you can also check
out the full range of shipping extensions available in the woocommerce marketplace
despite their costs these extensions may also help you save money on your shipping fees
number five seo plugins so people can actually find you speaking of plugins there are three
that my team and i have been recommending to clients for years to help with seo automate
woo is all about automating your woocommerce store's marketing needs like handling cart
abandonment wish list abandonment welcome series follow-up emails subscription automation and more
and it's only 99 a year next woocommerce google analytics is a must for any ecommerce website
it makes it easy to connect google analytics to your woocommerce store so you can start tracking
analytics related to every channel of traffic like organic social referral email ppc etc best of all
it's completely free finally the free version of yoast for your wordpress site is a no-brainer
but the premium yoast woocommerce seo extension will give you access to a library of training
courses numerous keyword research tools help with interlinking and a lot more features that
will help your site generate traffic the price is great too just 69 dollars a year
number six security because cyber criminals will try something of course as you attract customers
to your site it's inevitable that cyber criminals will follow that's why i highly recommend you use
a web application firewall or waf to separate wordpress from the rest of your woocommerce site
this way even if hackers are able to exploit a vulnerability in wordpress
they won't be able to reach your actual ecommerce store
two of my favorite waf options are cloudflare which has a free version and plans that go
all the way up to 200 a month and securi which has plans that range from 199.99 to 499 a year
number seven help from a developer optional but encouraged don't try to develop your own website
unless you have extremely humble ambitions it's a costly mistake to try and save money this way
make sure you hire an experienced professional if you'd like to learn more about what this
entails feel free to email us at hi at iwd agency.com i'll leave our contact information
in the description below too ultimately the cost of a woocommerce site could be
as low as ten dollars a month if you're okay settling for something really simple
but most companies have higher aspirations and can easily spend a couple hundred dollars a month
on their top tier woocommerce site if you thought this kind of breakdown was helpful
please like this video and subscribe to this channel and we'll know to keep making more
if you have any questions you want to drop in the comments we'll be sure to get back to you asap
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