So, how does this all break down and what things do I need to consider?
Many businesses I have worked with have a pre-existing domain name (i.e., merlin.com.sg), but in the rare circumstances where this is still a requirement, it will be one of the cheapest aspects of any new website project. The only occasion where the price of a domain should exceed $20 is if you’re purchasing a domain that belongs to another individual or company and they are unwilling to let it go cheaply OR you’re purchasing a specific TLD that comes at a higher price point.
Often you can also remove this cost entirely when setting up a new web hosting package as many of them will include a free domain on account creation.
Cost = $10 – $20 per year
Your hosting provider is simply the location where you will create your website and enable access to your prospective customers. There is a huge array of different hosting options available, but finding a good one is very important as it will impact many things, including:
- Server response and therefore page load time.
- Quality and availability of technical support.
- The uptime performance of your website – i.e., a bad hosting provider might have regular outages, which brings your website down as well.
- The ability for you to customise important aspects that impact your ability to deploy the website you want.
- The ease at which you can migrate or scale up your hosting package depending on the volume of visitors over time.
The best hosting provider I have come across for WordPress driven websites is Kinsta, and I wrote a more detailed opinion piece in my article titled ‘Best WordPress Hosting in Singapore‘. Their technical support is beyond excellent and the quality of hosting and ancillary services provided is all you need. It is premium pricing compared to other options, but well worth the investment for such a foundational necessity.
Cost = $250 – $500 per year
Web Platform / Content Management System
Your web platform or content management system is what enables you or your employees to create and edit information on your website without needing a developer (most of the time).
There are many CMS systems available to choose from, but the most widely used is WordPress. Aside from being an extremely powerful CMS, the actual platform itself will cost nothing to use and its constant development and a wide array of plugins will ensure this platform remains competitive as time goes by.
Cost = $0
One of the best things about using WordPress as your CMS system is the selection of pre-created themes, which can be purchased for less than $100 and offer a head start in getting your website up and running. In certain cases it is possible to utilise the pre-existing themes in their entirety, switching out only the text content, but in most cases, you will need to customise it to your specific needs. The utilisation of a pre-existing theme will significantly reduce the cost and time to market.
Cost = $70 – $100
After installing a base WordPress theme such as Jupiter for example, you will most likely want to customize it to your specific brand and needs. The cost of this will vary greatly depending on your requirements and who you choose to complete the work (i.e., freelancer vs. agency).
The cost can range massively depending on the level of customization, the skills/experience you have in-house and the route you take to produce the work.
For example, on a personal level if I was to do a website for someone then I have the skills and experience that enables me to do a lot of this kind of stuff myself, but I also have connections in markets like the Ukraine that enables me to outsource elements at far cheaper rates, which brings down the cost for the client. Most of these connections were built up over time, but I identified the majority via Upwork.com.
Cost = $1,000 – $50,000+ per year
Copy Writing / Content Creation
The total cost of this element will come down to the number of pages your website has and the extent to which you need someone externally to create the content vs. leveraging existing content and repurposing it into a new website.
Generally speaking the more pages you have, the more copywriting required, and thus the cost will increase. In my experience most small to medium-sized businesses require content to be created from scratch either because they have little to no existing content or the quality is so poor that it requires a complete re-write.
In my experience, doing a solid job of content creation and implementation into the WordPress theme will usually take between 4-6 hours per page.
Cost = $400 – $1,000 per page
This is an often forgotten necessity of any good company website. It’s relatively straightforward to create text and image-based content, but that won’t give your website much personality or brand connection with prospective clients.
In my humble opinion, one of the few elements that can really make the difference to your website is solid photography of key employees and ‘operations’ that show the personality and scale of your business.
I’d recommend you hire a professional photographer for the best results.
Cost = $800 – $1,500