MGT-COMMERCE GmbH’s Post

Considering Magento for your ecommerce store? Make sure you understand the license costs! Magento offers several editions, each with different pricing: - Magento Open Source is free to use, but you'll need to pay for hosting, security, and updates yourself. Best for startups and small businesses on a budget. - Magento Commerce pricing starts at around $22,000/year for businesses with <$1M in revenue. It scales up based on your sales volume. You get enhanced features and support. - Magento Commerce Cloud bundles hosting and starts at $40,000/year. Ideal for larger companies that want an all-in-one enterprise solution. Other key costs to budget for: - Extensions add functionality but range from free to $100s each - Themes control your design and UX ($0 to $300+) - Development work for customization ($50-200/hour) - Ongoing maintenance and security The bottom line? Magento license fees are just one part of the equation. Carefully map out ALL your costs to choose the right edition and budget accordingly as you grow. What other advice would you add for entrepreneurs evaluating Magento? Read here: https://bit.ly/45Z5O3n #Magento #ecommerce #websitecosts #onlinebusiness

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