If you want to create an online store on your own domain and with your own hosting, how much money do you think you need to spend? Well, the cost of creating an online store depends on what kind of ecommerce platforms you are using. If you are using woocommerce, Magento, Drupal Commerce or other open source platforms, you only need to spend on domain and hosting and it could be be between $50-$100 for the first year. However, if you want to use shopify, or other premium platforms, you might end up spending $500-$500 for your store.
