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June 07, 1999

Got a Million Bucks? Get a Web Site
After investigating the average cost for a medium to large firm to build its first e-commerce site, Gartner Group has found the expensive answer: $1 million.

By Maryann Jones Thompson


After investigating the average cost for a medium to large firm to build its first e-commerce site, Gartner Group has found the expensive answer: $1 million. The majority of the cash goes toward labor costs. The opportunity cost is also substantial; Gartner says the cost of building such sites will increase 25 percent per year over the next two years.

Costs of Devleoping a E-commerce site.

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