How Much Does It Cost To Build A Fashion Website Like FARFETCH?

In today’s time, who doesn’t like to look good and beautiful? Everyone wants to look nice and attractive, receive compliments from others, and for this, people use different kinds of makeup, beauty products, and many other things. Observing this behavior, businesses started selling products that help people look good. FARFETCH is one such eCommerce platform. Today, many entrepreneurs and fashion brands want to replicate this success by launching a similar platform. Naturally, the first question that arises is: cost to build a website like FARFETCH? As a result of individuals wishing to look good, quite a few businesses were created to provide businesses with products that will help them appear attractive. One of the largest eCommerce websites that provides a great deal of this type of service is FARFETCH. Now, entrepreneurs and fashion brands around the world want to replicate their success by creating their own eCommerce site similar to FARFETCH.

FARFETCH is a large global online luxury fashion retailer that connects shoppers with various high-end brands and retailers globally to provide customers with access to thousands of luxury clothing and accessories from top designers and brands. Developing a similar platform to FARFETCH would require significant investment to do so properly and to create a successful site. This guide will provide the information regarding the varying features, the overall cost structure, the factors that will influence the cost to build an eCommerce site like FARFETCH, and best practices to follow that would allow you to lower the overall investment to establish an online eCommerce site similar to FARFETCH.

Key Features of a FARFETCH-Like Fashion Website

A well-structured luxury fashion ecommerce platform should be elegant, high-performing, and trustworthy.  The design should be the one that engages the buyers and retains them for a longer duration. Here are some of the key features that influence the Fashion ecommerce website development process. 

User Registration and Profile Management

The user should be able to register themselves with the platform easily. There should be an option to register via social media accounts, email, phone number, or with a one-time password (OTP). A strong development partner has expertise in B2c website development, ensuring smooth registration

Advanced Product Catalog

The platform should have all the products with detailed descriptions, HD images, clear video and size charts. These features help the buyer to get clarity about the product, and they can choose the desired product.

Smart Search and Filters

With the help of modern technology and AI, smart search and filters are possible. If a user wants to search for a particular brand’s product or a particular color, size, or price, they can easily filter out and reach the desired page. It improves the User Experience but will increase the cost to build sites like Farfetch.

Multi-Vendor Marketplace System

The site acts as a website similar to FARFETCH and hosts many different boutiques and sellers. The vendors receive a dashboard that covers all aspects of their business (inventory, pricing, discounts, orders, returns, etc. The Admins are responsible for the Vendor's Commission & Approval of all orders.

Secure Multi-Currency Payment Gateway

The global fashion marketplace sites need to have the ability to support multiple currencies and multiple payment methods, including credit and debit cards, E-wallets, UPI, and Buy Now Pay Later. The technical expenses and the operational expenses associated with providing secure payment processing, while also providing fraud protection and adhering to all compliance requirements.

Other Key Features are:-

• Order Management & Real-Time Tracking

• AI-Based Personalization & Recommendations

• Reviews, Ratings & Social Proof

• Admin Panel & Analytics Dashboard

• Security, Privacy & Compliance

Cost Breakdown to Build a FARFETCH-Like Fashion Website

The cost to build a website like FARFETCH depends on the project requirement, the platform’s complexity, the number of features and integrations, the location of the development team, and the experience and expertise of the developers. Let us now break down the cost as per the level of the platform. 

Basic FARFETCH-like Website

The basic platform development cost ranges from $5,000 to $20,000, depending on the project requirement. It is suitable for businesses looking to build an MVP or start the proceedings. The basic platform has all the basic features like User registration & login, Product listing & categories, Order placement, basic payment gateway integration, basic admin panel, and more. 

Mid-level FARFETCH-like Website

A mid-level website is useful for businesses looking to expand. The development partner will integrate more features like Advanced search & filters, Multiple payment options, Coupon & discount management, Product reviews & ratings, Analytics & sales reports, amd more. A mid-level platform cost ranges from $20,000 to $40,000. 

Advanced FARFETCH-like Website

An advanced-level website is full of modern technology and AI integrations. It is a good choice for enterprises operates with full automation. Some of the features in the advanced platform include a multi-vendor marketplace system, AI-based product recommendations, Omnichannel integration, Subscription-based selling, ERP, CRM & third-party integrations, and more. The cost to build an advanced website ranges form $40,000 to $60,000 depending on the project requirement. 

Cost Breakdown (In Table)

Factors Affecting FARFETCH-Like Fashion Marketplace Development Cost

Several variables influence the final farfetch like website development cost.

Feature Complexity

A basic platform will cost less compared to the advanced one. An advanced website requires complex features, AI integrations, and modern feature integration, which will increase the overall development cost. 

Design Customization

A customized design will cost more than the normal and basic design. Simple templates has its limitations, while customized templates are costly but allows dynamic approach.

Tech Stack

Advanced frameworks, cloud infrastructure, and AI tools raise the fashion ecommerce website development cost. Different platforms require different tech stacks, and choosing the right one will ensure scalability and sustainability. 

Scalability Requirements

As your platform grows, the chances of scalability also go up. And with that, you need to plan the global expansion, which will increase the cost to build a fashion marketplace website. 

Development Team Location

Hiring experienced developers from India often costs less than hiring developers from the UK, US, or Canada. They provide all the services at affordable prices without compromising on the quality. The developers are certified in industries and experienced enough to deliver high-performing products. 

Other Factors That Affect The Cost Are:-

• Post-launch support & feature enhancements

• Development team size & expertise

• Project timeline & delivery urgency

• Admin dashboard complexity

• Quality assurance & testing effort

• Mobile responsiveness requirements

• Luxury branding & visual design standards

• AI-based personalization features

Website vs App Development Cost Comparison

Many businesses ask whether to invest in a website only or go with an application as well. The answer directly affects the Farfetch clone website development cost. While the website is a bit lower in development cost, building an app as well will increase the cost. Let us now see what the difference will be in choosing a website only and a website + apps. 

Website Only

The website is a platform that comes with a lower initial investment and is ideal for validation. It is faster in launching, and the cost ranges from $5,000 t0 $60,000. The cost depends on the level of the platform, as a basic platform might cost less compared to the advanced platform. 

Website + Mobile App (iOS and Android)

Investing in an application along with a website could be a good choice, as the application ensures higher user engagement. It has a push notification and personalisation feature that will help in increasing the reach. The cost of building a website and an app ranges from $20,000 to $1,00,000, depending on the project requirement. 

If your goal is to build a fashion website like Farfetch for long-term growth, apps are worth considering after initial traction.

How to Reduce Fashion Website Development Cost?

To reduce an ecommerce web development cost, you have to plan and control the process. Here are the ways to control the cost. 

Start with MVP

Rather than going for a full-fledged platform with automated features, start with an MVP with core features. After some time, you can scale gradually, and it will help in a smooth transition without causing any errors. 

Prioritize must-have features first

Focus your efforts primarily on core ecommerce functions, including product listings, cart, and checkout functionality. It is an effective way to save on costs associated with developing advanced features you may not see a benefit from in the early stages of your ecommerce platform's life cycle.

Avoid over-customization in early stages

The website development company avoids over-customization of design or advanced features as it will take time and expense in the development process. That is why using standard design models is often a more efficient method of launching your ecommerce platform and sustaining an effective shopping experience. 

Choose the Right Tech Stack

Every platform has its own demands when it comes to choosing a tech stack. A particular tech stack might not be suitable for building all the websites and applications. Choose a tech stack that ensures high quality product at affordable prices. 

Use Ready-Made Payment Gateways

Trusted payment gateways reduce custom development effort, ensure secure transactions, support multiple payment methods, and lower both development and compliance-related costs.

Other Ways to reduce cost are:-

• Use pre-built UI components

• Opt for cloud-based infrastructure

• Use open-source frameworks and tools

• Implement modular architecture

• Limit third-party integrations initially

• Focus on responsive web before mobile apps

• Automate testing and deployment

• Launch fast and iterate based on user feedback

• Choose long-term maintenance packages

How Can IMG Global Infotech Help You Build a Website Like FARFETCH?

IMG Global Infotech is one of the best Ecommerce website development companies in India. Over the years, they have built trust in the fashion industry, developing quite a few websites and applications in this space. They provide all the development services at affordable prices without compromising on the quality. Along with development, you will get long-term maintenance and support that will help in sustainability and scalability. 

What you will get at the IMG Global Infotech are:-

Highly Skilled Developers

You will get the services of highly skilled developers who are certified and experts in the industry. They have worked with various clients across the globe and the clients’ positive reviews and feedback are proof of how well they have been doing. 

Affordable Prices

IMG Global Indfotech will provide all the services at affordable prices without compromising o the quality. They are transparent in pricing with no hidden charges and provide flexible pricing for small projects. 

Long-Term Support

IMG Global Infotech’s work does not end with the launch and deployment part. They provide long-term support and maintenance, and ensure scalability and high-performance. 

End-to-End Solution

The company provides an end-to-end solution, from ideation to execution to long-term support and maintenance.  If you prefer SaaS solutions, our team also works as a Shopify website development company for faster launches.

Other Services You will get at the IMG Global Infotech are:-

• Dedicated project managers

• Custom and scalable website architecture

• User-centric UI/UX design approach

• Secure and reliable development practices

• Scalable marketplace development

• Advanced technology stack expertise

• On-time project delivery

• Quality assurance and testing support

• Agile development methodology

• Focus on business growth and ROI

CONCLUSION

The cost to develop a luxury fashion marketplace is high but also rewarding. The total cost of developing a website like FARFETCH will depend on many factors, including website features, technology requirements, anticipated growth, and which development partner you choose to work with. You can expect to pay a minimum of $5000 for a basic version of this type of site. However, if you are looking to build a fully-functional global marketplace, the investment could range from $50,000 to over $1,00,000.

With the proper strategic plan and the assistance of an experienced development partner, it is possible to develop an extremely strong competitor within the fashion industry. If you’re interested in building a successful fashion marketplace to compete with many of the largest brands in the world, reach out to IMG Global Infotech for more information. Their product team has experience helping brands build a fashion app like acloset with AI-powered personalization.