Expensive is relative. For a 100m company, a 10k website is cheap on the other hand for small businesses, it means the world. In this insight, we'll explore why a website is expensive.
When you think of a website, what comes to mind?
For many people, the first thing that comes to mind is a website that is flashy and easy to navigate. While this is a great starting point, it is not the only thing that needs to be considered when building a website.
There are a few reasons why a website is expensive to build.
1. Time and Effort
The first reason is that website design can often require more time and effort than simply purchasing a pre-made website.
This is because a website must be designed from scratch, which can require more research and thought than simply buying an existing site.
2. Speciliazed Skills
Another reason is that website design can often require more specialized skills than simply creating a website. For example, a website designer must be familiar with web development tools and be able to create a website that looks and functions the way that the client wants it to.
This is not always easy to find, and can often require additional training.
3. Investment vs Cost
Some people also believe that website design is more expensive because the markup (the price you pay for a product) for a website is higher than for many other types of products.
This is because websites are often seen as an investment, and businesses are willing to pay more for a website that will generate more revenue in the long run.
4. Scope of Work
80% of features in the typical cloud software product are rarely or never used.
When it comes to web design development, try as much as possible to control what goes into the desired spec sheets and what is required.
Government websites tend to have massive info. Which may add to the price.
It goes without saying, the more scope, the pricier it becomes.
5. Perceived Value
Finally, working with an award-winning website designer is definitely going to cost you more because they are proven to deliver top-quality works.
What's the Fair Price to Invest in Website Then?
It starts with your website objective and business direction.
Are you starting up or scaling? Both will determine the suitable investment that you should make for your website. More about web design price in Malaysia.
Invest in Design and Marketing. This will help you to gain more customers in the long run.
4 years ago we charged RM 25,000 for a website. They have gained nearly RM 35,000,000 revenue since then.
Planning to revamp your website? Check out our in-depth guide on how to revamp website.