eCommerce App Development: Cost, Features, and Time

eCommerce App Development: Cost, Features, and Time

Ecommerce app development services are some of the most popular web and mobile app development services among Ecommerce app development companies. With faster browsing experience, portable mobile devices, and ease of connectivity in almost every part of the world, the usage of online shopping through Ecommerce mobile applications has increased.

E-commerce applications are ruling the world and new technologies have been encouraging new startups to draw in more innovative solutions and E-commerce mobile apps. With the heavy traffic and more versatile payment option, eCommerce websites and mobile applications face the challenges of cybersecurity, privacy, and data protection. With that, innovations have been assisting startups to build robust mobile apps.

eCommerce Business Market Analysis

With the heavy influx of technology, businesses have become more innovative and competitive. In the last few years, researchers have observed market trends, new E-commerce applications, user demands, and more. Let’s look at some of the market analysis, observations, and predictions regarding the E-commerce industry.

  • Considering the study done for the forecast period 2023-2028, the Asia-Pacific market of E-commerce apps is dominated by Alibaba Group, eBay, Etsy, TATA CliQ, and Walmart. During this forecast period, the CAGR registered is 9.6%.
  • As of July 2023, the study shows that the leading and the most preferred E-commerce app development platforms are WooCommerce, Woo Themes, Squarespace Online Stores, Shopify, and WixStores.
  • WooCommerce is the leading E-commerce app development platform covering a market share of 39%. Squarespace online comes second with 14.95% and WooThemes comes in third position with 14.67%.
  • Study shows that in 2022, the overall sales value in the retail E-commerce market reached 5.7 trillion US dollars. Amazon has become the leading brand with the highest traffic in the retail E-commerce industry.

Prominent Features of A Robust eCommerce App

Undoubtedly, E-commerce applications are becoming a major part of everyday life. People have been opting for more advanced and futuristic E-commerce applications for daily purchases. As a result, the E-commerce industry poses high competition for new businesses.?

Let’s look at the prominent features every E-commerce business must include in their web and mobile app-

Profile Management

Profile management of sellers, admin, and customers is the primary step and important feature to incorporate in the E-commerce application. Admin or the Ecommerce app company needs to add an ‘about the company’ page. The Ecommerce application company information includes contact details, company description, location, and more. Sellers and brands also need to provide company information, brand tagline, and other required information to users. When the sellers and brands register on the online shopping platform, they add the details about themselves and then add products. The seller description helps establish credibility among customers.

When customers sign up on the Ecommerce mobile application, they are required to go through a two-step verification process. The authentication process helps Ecommerce app companies keep fraudsters away from the E-commerce platform. Users need to add their phone number, delivery location, and other required information while signing up.

Product Description

A detailed product description results in high user engagement, increased sales, and more popularity. The details in this section usually include product details, rating, price, and much more important information required for customers to make purchases including manufacturing place and product expiration details. The product details can be in the form of sentences, short paragraphs, or bullets. In addition, the product description in the marketing industry is termed as the marketing copy that tells people why their product is worth spending money on. In other words, the description is the benefits of buying the company product.

Livestream Shopping

In recent times, live stream shopping has become a new way of promoting and selling products for brands to their audiences. In the beginning, only Instagram and YouTube were the only two platforms that introduced this feature for influencers and brands to use. With the success of this feature on these two platforms, more social media platforms have been introducing and launching similar features. This livestream shopping feature connects users with brands, showcases their most talked about and new products, and directs customers to the shop link directly from the live stream.

Audio/Video Features

With the introduction of more technologically advanced functions, E-commerce app functionalities have revolutionized and transformed tremendously over the years. Several Ecommerce companies incorporate audio features in various forms to connect to existing users and attract new users. In the product descriptions, companies are using videos with the product benefits and description, or in the form of how-to-use tutorials to attract more users. The audio search option is a new feature the latest mobile applications have been offering. With this feature, users use their voice to search for a desired product and purchase it instantly. Audio/video features are also beneficial for special needs people to use the app easily.?

Shopping Cart

This feature helps customers to put their desired product into the online shopping cart. Customers can select and add a fixed number of products to the cart before making purchases. It also includes the total purchasing amount, tax information, discount options, delete/modify options, and the option to make purchases on selected items.?

Multiple Payment Option

In this digital world, E-commerce businesses need to introduce multiple payment options, such as debit/credit cards, net banking, eWallets, and other payment gateways. It helps customers to pay instantly. These days, some Ecommerce mobile apps give the option of BNPL. This buy-now-pay-later lets customers buy the product and pay for it at a later date. Companies like Flipkart, Paypal, and Amazon offer Buy-Now-Pay-Later options to their users.

Returns & Refunds

Returns and refund policies are useful for providing excellent customer service, and product delivery, and help customers receive the best services. In case of wrong sizes, damaged products, or for any other reason, brands and sellers offer return policies. Customers can return their product within a fixed period, either for 7 days, 14 days, or 15 days, and get a refund. Some companies offer only return and exchange policies. With this feature, customers can pick another item of the same value.?

CTV Advertising

Connected TV Advertising is one of the advanced features in the eCommerce industry. Most retail brands have introduced this modern feature. Amazon Fire Stick, Smart TVs, Gaming Consoles, Apple Tv, Smart DVD Players, Roku Streaming Stick, etc are some examples of CTV advertising. Big tech companies and retail investors have been investing in this Connected TV Advertising to keep their customers and attract new customers by providing one-stop solutions using the latest technology.

AR/VR Features

Augmented reality /virtual reality is one of the new technology retail companies are using to attract new customers. Augmented reality helps customers to experiment with the product within the app and visualize the look and usage through this feature. Study shows that the majority of the American buyers take help from augmented reality assistance before making any purchases. For example, Sephora and Amazon let users use AR assistance and make better choices while shopping.

Social Media Incorporation

Incorporating social media channels improves user engagement. Many retail businesses and tech companies have seen a drastic increase in customer satisfaction after incorporating social sharing options in their app. With the help of social shares, users can share their experiences with the brand on social media, promote their products, give reviews, and invite their friends. It helps brands connect with customers, increase sales, and reach their target customers fast. Social media channels that Ecom apps usually include Facebook, Instagram, Whatsapp, Snapchat, Twitter, and many other social channels.

Also Read: Top Laravel Development Companies

Order History

Order history is one of the most prominent features every Ecommerce app company must consider. This feature helps app users to reorder, check their previous purchases, keep their finances in check, and enjoy a hassle-free recording system. Users don't need to search for the same products on the app and can instantly reorder.

CRM Solution

CRM solution is one of the prominent features to incorporate during the shopping app development. Keeping existing customers happy, building trust & transparency with them, and promoting brand vision is a necessary part of eCommerce business solutions. Nowadays, several innovative and creative mobile apps are present for users to choose from and make purchases. Thus, a bad customer relationship can make users leave the Ecommerce mobile application instantly. A robust marketing team can help you build your brand and make the app popular among your target users. Several top ecommerce apps release various offers, coupons, and seasonal sales to keep customers happy.

Google Analytics

When you have a variety of brands, sellers, and customers performing well, then the next step comes is knowing your user better. The next riddles you need to solve are how to attract more users, how to understand your users better, how you can make your Ecommerce application future ready & meet users’ demands, etc. Several analytical tools are present in the market to help you get what you want. However, if you want a deep analysis, you must use Google Analytics. It will help you understand your customers, provide services on time, and upgrade the eComm app according to user demands.

Ratings & Feedback

Ratings and feedback are two of the most important features in the eCommerce industry. When customers are happy with your services, they can give you good ratings and positive feedback, resulting in high user engagement, increased sales, and more popularity. Further, feedback helps companies improve their services. Also, for any queries, users can contact your customer services.?

eCommerce Application Development Cost

Calculating the exact cost of top-rated eCommerce applications is not possible as the overall cost depends on several factors. Usually, it is wise to outsource your innovative eCommerce app project. If you are looking for a reliable and trusted web and mobile application development company, you must choose Indian E-commerce app development services for your next project. You will get multiple benefits, such as cost-effective solutions, on-time delivery, incorporation of new technologies, transparent communication, etc.

Factors Affecting eCommerce App Development Cost

App Design

Designing shopping apps is one of the most significant cost-affecting factors. The more attractive design you choose, the more customers you will attract. You must also keep in mind that a good attractive UI/UX design must not result in complex navigation, heavy app, and complicated functions. The app design must not be confusing and must be simple and easy to understand. Otherwise, customers will install your app and most likely not come back.?

App Functionality

eComm app functionality can significantly affect the E-commerce app development cost. The more functions you will add to the eCommerce app design, the more complex it will become and take a much longer time for application developers to complete. It might also increase your app size. As a result, the overall cost of eCommerce app development will increase.?

App Platform

eCommerce app development platform affects the overall cost a lot. Nowadays, opting for a cross-platform app development solution is a wise choice. Further, Flutter, Xamarin, and React Native are some of the most preferred web and mobile app development frameworks every eCommerce application development company suggests.?

Third-party Tools

When you are developing one of the best ecommerce apps available in the market with unique features, it is apparent to incorporate unique functions and new technological tools to make it more advanced. Third-party softwares and tools, such as payment gateways, social channels, AR/VR technologies, AI tools, speech recognition, etc., demand significant time, resulting in increased cost than average.?

App Maintenance

To retain customers and thrive in the highly-competitive eCommerce industry, timely maintenance and upgradation is a must. Look for after-launch maintenance and support services while comparing some of the best ecommerce app development firms. Ensure they provide hassle-free post-launch ecommerce app maintenance services. The fundamental ecommerce app maintenance and upgradation services include debugging, addition/removal of new features or functions, removing glitches & errors, etc.

Location of the eCommerce App Development Company

The ecommerce app development company you choose also affects the overall cost in more ways than one. The most significant cost-affecting factors include the location of the development agency, experience and hourly rate of developers, experience of the ecommerce application development firm, type of application development solution, etc.

Now, you are aware of the factors affecting the overall development cost of E-commerce applications. Therefore, conduct proper market research and hire the best ecommerce apps development agency for your unique idea.

Time Required for eCommerce App Development

The time required to develop one of the top eCommerce apps depends on several factors. Usually, the ecommerce app development firm takes three to six months to develop a fully-functional ecommerce application. The factors affecting the time required to build a feature-rich ecommerce application are the incorporation of the latest technology, the experience of ecommerce app development firms and developers, third-party tools, app complexity, the number of app features, etc.

Also Read: Top eCommerce Development Companies

If you choose a white-label ecommerce application, then it would require much less time to customize the app according to the project guidelines and eCommerce app idea.

Conclusion

In the 21st century, the dominance of mobile apps is prevalent. People have been using mobile applications in every area, be it professional or personal. Be it household work or career, everybody uses an array of mobile applications. The retail industry is also one of the many industries delivering customer-centric services. Undoubtedly, there are a plethora of eCommerce applications. To build one of the best eCommerce apps, find a trusted eCommerce app development company. Choose the best E-commerce app development solution suitable to your eCommerce business model and brand vision. Then only you will be able to launch the unique eCommerce application and stay on top despite being in a cut-throat competitive industry.

FAQs

Q1. What is the most preferred and fastest way to build an eCommerce app?

Building an eCommerce application is not an easy task. You need to follow a systematic plan and follow it sincerely. They are-

  • Conduct a proper market research
  • Hire a reliable eCommerce app development company
  • Choose a cross-platform app development framework, such as Flutter and React Native
  • Select necessary functions and tools
  • Stay updated throughout the development process
  • Hire a good marketing team and make fool-proof strategies
  • Launch the developed app in the market

Q2. What are the advantages of Ecommerce app development?

Some notable advantages are-

  • Instant request fulfilling
  • Automatic management
  • No need for a physical storefront
  • Scalability
  • Online tracking
  • Reach broader audiences fast

Q3. What is the largest eCommerce app?

Amazon is the largest eCommerce application worldwide. Several ecommerce applications came after Amazon. They are Sephora, eBay, Flipkart, Nykaa, Myntra, Walmart, H&M, etc.

Q4. How can I create an eCommerce mobile application?

To turn your ecommerce app idea into reality, you need to hire an acclaimed ecommerce application development company. Conduct market research and select budget-friendly ecommerce app development services.?

Q5. What kind of mobile applications you may create?

We develop ecommerce applications for two major platforms. They are the App Store and Google Play Store. Our developers customize and optimize the ecommerce app that adheres to the rules and regulations of the platforms. We also deliver app store optimization services to our global clients.

Q6. Do you offer post-launch maintenance and support services?

We do offer our clients post-maintenance and support services for a fixed period. You can also choose desired maintenance plans to continue. Our developers stay in contact with your tech team and provide the required assistance.

Also Read: Top Shopify Development Companies

Q7. Do you sign an NDA?

Yes. We do sign NDA with our clients to protect the project idea and keep the related information confidential. After completion of the development process, we hand over the source code and project-related documents to clients.

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