Building A Website? Watch Out For These 5 Hidden Costs

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Over the past 5 years, I’ve been fortunate enough to launch three small business websites, two of which have grown into thriving businesses. Although technology has made it easier to build websites, I’m constantly surprised by the numerous hidden costs that, if unchecked, can quickly snowball into large expenses and eat into your revenue.

Here are 5 hidden costs that can hurt your small business website even before it takes off.

  1. Website Infrastructure

This is perhaps the most important factor that determines how much you’ll spend on running your website. Today, there are plenty of options when it comes to building your website. However, if you don’t make the right choice it can prove to be costly down the line, as you’ll see below. Here are the different ways you can setup your website:

  • Build a custom website from ground up – This means you need to hire professional developers and designers to build your entire website and this can cost you thousands of dollars just to get started. Not many do this anymore, unless you’re an enterprise business with custom site requirements.
  • Use a content management system – You can also use free content management systems like WordPress that provide you all the tools required to build your site. However, you will need to hire professionals to setup and customize your site. This costs about $500-1000 every year which includes the developer costs & hosting fees.
  • Use a website builder – There are many fully automated website builders like Wix, Squarespace and Weebly that allow you to quickly build your website using a drag & drop interface. In this case, you don’t need a team of developers to build or run your website. You can get your site up & running for as little as $5 per month. All you need to do is spend a couple of hours on YouTube, learning how to use one of these website builders and you should be good to go. This is undoubtedly the most recommended option.
  1. Design

If you want to attract website visitors and turn them into paying customers, you have to make your site look good. It’s funny how ‘design’ creeps into almost everything you put on your small business website these days. Here are 4 design-related costs that you need to watch out for when launching your site.

  • Logos & graphics – If you don’t have prior design experience, you can get your logos & graphics designed for as low as $5, at Fiverr or UpWork. If you enjoy designing stuff, then you can try free online design tools like Canva or LogoMakr. I’ve used LogoMakr a couple of times and found it really easy to use.
  • Images – Unless you have the luxury of hiring professionals to edit images, you can use free stock images from sites such as Unsplash or Pixabay. Some of them might require you to credit the photographer while using their images.
  • Website Design Templates – This is one of the biggest costs while building a website. You can get paid wordpress templates starting from $35 on sites like ThemeForest. If you hire a designer to customize your paid template, it can cost upwards of $300. However, if you want to build your website from ground up, then it will cost at least $5,000.

    On the other hand, all hosted website builders like Wix, SquareSpace and Weebly provide a huge library of free design templates. Most of them are as good as paid templates. Even if you hire a designer to style your site, it will cost you less than $100, since they’ll be using the drag & drop UI, instead of coding it themselves.

  • Email templates – If you want your blog subscribers and customers to read your emails, then you need to make them look good. However, when you’re just starting, don’t go for paid email templates (cost – $15 onwards). You can sign up for email marketing platforms like MailChimp & Aweber, that offer tons of beautifully designed, professional-looking email templates, absolutely free.
  1. Content

Once your website is designed, you’ll need to populate it with content, so that your site visitors can understand your business, see your products and read your blog posts. Typically, there are 2 types of content you’ll need to launch your website:

  1. Web content – It consists of all the textual content present on various pages of your website – whether it’s your home page, ‘about us’ page, or product pages. It includes every piece of text on your site – your tagline, sub headings, product features, benefits, FAQs, and more. It involves a fair bit of creative skill to write a persuasive copy.

    So if you have a small website of 3-5 pages, you can hire a professional to create web content for you. They charge about $250-300 for at least three pages, with a cheaper rate for additional pages. However, examine their prior work to see if their quality and style of writing matches your requirements.

  2. Blog Content – It can be very costly to outsource your blog content, starting from $25 per blog post, especially if you’re starting and don’t know what your audience likes to read. So you might want to invite guest posting on your blog. This will help you get tons of content for free while you find out what topics resonate with your readers.
  1. Automation Tools & Plugins

There are plenty of automation tools & plugins that make it easy to manage & promote your website, once it is built. However, technology has become so seamless that you might not be aware how they’re adding costs to your business.

Make a list of all the paid tools & plugins you use to manage your business – from collaboration tools & services like Slack, to email marketing solutions like MailChimp to social media management tools like HootSuite. Even note your laptops’ operating systems. All these tools add costs to your small business. Find out if they have any good open source alternatives. Is there any open source alternative for Slack? How about replacing Windows with Ubuntu?

In fact, our technology costs dropped by 32% when we replaced most of our paid software with their open source alternatives.

  1. Maintenance & updates

Once your website is up & running, you’ll have to periodically run maintenance & upgrades on it. They can be in the form of software updates & security patches, or even a new website design. You’ll also need professional help every time your site breaks down. If you don’t factor in these costs, they can quickly swell up your operating expenses.

If you choose to build a custom site from scratch then you can get in real trouble. What happens if the developers who built your site leave, or can’t be reached? Your new developers may have a hard time understanding & fixing your website, and may charge you extra fees for it.

If you have built your site using WordPress, then you’ll need to hire a developer to fix your site every time it breaks down, or whenever you need to make any updates. A good developer can cost between $80 and $180 per hour.

Fully-hosted website builders like Wix allow you to install updates with just one-click, and have a dedicated, 24×7 support team to help you with troubleshooting. That’s why they’re a great option for people who don’t have much technical knowledge, or who are new to building websites.

If you keep an eye on the above hidden costs, you’ll be able to launch your business smoothly and use the saved funds on other important areas such as marketing & hiring.

 

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For more than 8 years, Sreeram Sreenivasan has worked with various Fortune 500 Companies in areas of Business Intelligence, Sales & Marketing Strategy. He regularly writes at Fedingo about a wide range of business growth & marketing topics. He’s also the Founder & CEO of Ubiq BI, a cloud-based BI Platform for SMBs & Enterprises.

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