Let’s break down the necessary startup costs! DOMAIN NAME: $0.99-$15/YEAR Your domain name is the name of your website/URL. You’ll need a domain name for your website if you want to start an ecommerce business on your own site. Screenshot showing an address bar Domains are really cheap. You’ll often find GoDaddy running sales for $0.99 domain names. You can also purchase them from 1&1, Cheap Domains,

Extensions are becoming more common

or straight from your hosting provider. Pro tip: Always try to get a .com domain name. While .clothing, .cheap, and many of the other new domain extensions are Argentina Phone Number becoming more common, people will default to the .com version of any website when they type it into a browser. HOSTING: $3.50-$250/MONTH ($29/MONTH AVERAGE) Hosting is the fee you pay to host your website on a hosting provider’s server. Without hosting, your website won’t be connected to the internet and can’t be visited.

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Without hosting, your website

There are two kinds of hosting: shared hosting and private hosting (aka dedicated server). Shared hosting is the cheapest hosting available (starting at $3.50/month, up to around $40/month) because you’re “sharing” your server (left) with other people (right) on the shared hosting plan. Picture showing what a shared hosting is This is fine for a new store, up until around 100,000 visits per month. After that, you’ll want to upgrade to private hosting for better speed and less downtime.

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