Understanding the Expenses of Developing a Flipkart-Like Ecommerce Platform

Today’s most popular touchpoint connecting almost everyone, connecting businesses and consumers seamlessly, is 24-7 connectivity provided by mobile internet service providers. eCommerce is rapidly transcending to mobile commerce or mcommerce.

As the use of mobile phones and devices including tablets and laptops has skyrocketed, the business value added by the growth of operating system-friendly applications has also risen exponentially.

With the most common questions about what is the best way to build a solid ecommerce app, this blog will help you with basic considerations that you should keep in mind when deciding to augment an ecommerce business and website with an app.

Understanding Ecommerce App Development

Ecommerce businesses can gain amazing advantages by launching a mobile app in addition to their website.

Improve customer experience

With mobile apps, customers can search for products, place orders and pay wherever they are.

Drive sales

Mobile ecommerce applications create a seamless and efficient shopping experience, encourage customers to buy more and produce sales growth.

Encourage customer loyalty

Retailers can send individual offers via push notifications or in-app notifications, enabling quick access to users’ payment information, and customers can redeem offers from their mobile device, encouraging them to return to the online store.

Encourage customer engagement

Mobile ecommerce applications enable retailers to provide more personalized recommendations to customers and effectively target customers with relevant promotions based on their current location.

Gain valuable customer insights

Retailers can collect mobile-specific data and combine it with analytics from their ecommerce websites to better understand consumer preferences and buying trends and improve marketing strategies.

Gain competitive advantage

By offering their target audience a mobile app, online retailers can differentiate themselves from competitors and win over customers who prefer mobile shopping.

How to Develop Your Ecommerce App?

1. Define your goals and target audience

Clearly state the objectives of your e-commerce app. Identify your audience, their preferences, and the unique selling points that will set your app apart in the marketplace.

2. Market Research

Conduct effective market research to understand industry trends, competitive strategies, and user expectations. Analyze successful e-commerce applications to gather insights about activity, processes, and user experience. Check out How much does it cost to develop an app like Amazon

3. Choosing the Right E-Commerce Platform

Choose an appropriate e-commerce platform based on your business needs. Popular options include Shopify, WooCommerce, Magento, and custom solutions. Consider factors such as scalability, customization options, and easy integration.

4. Designing the User Interface (UI).

Design an intuitive and visually appealing UI. Prioritize a user-friendly layout, easy navigation, and seamless shopping experience. Consider responsive design to accommodate users on a variety of devices.

5. Choose the right activities

Select critical features for your e-commerce application, such as product catalog, shopping cart, secure checkout, user accounts, and checkout gateways. Additional features like push notifications, reviews, and social media integration can enhance user engagement.

6. Collect Secure Payment Options

Create secure and efficient payment gateways. Offer a variety of payment options, including credit/debit cards, digital wallets, and other popular features. Ensure compliance with industry standards for insurance practices.

7. Create the app

Collaborate with expert developers or a development team to build your e-commerce application. Whether you choose native development or cross-platform solutions, make sure the app is robust, scalable, and compatible with both Android and iOS platforms.

8. Implement security measures

Prioritize storage to protect user data and applications. Use encryption protocols, including secure sockets layer (SSL) certificates, and ensure compliance with data security requirements. Frequently update the app to fix security vulnerabilities.

9. Testing & Launching

Carry out thorough testing to identify and correct any errors or issues. Use testing to ensure a smooth user experience. Test the app on different devices and operating systems to ensure compatibility. Launch your e-commerce app in the App Store and Google Play.

10. Continuous Support

Provide reliable support to address user questions and concerns. Regularly update the app to introduce new features, improve security, and stay ahead of technological advancements.

What should you consider for your eCommerce Application Development?

There are many factors that a business should evaluate before starting an eCommerce app development project. Chief among them are:

Branding and Design: You need to create an eCommerce app that resembles your business’ branding. Plan colors and other visual assets to give your graphic designers time to create all the necessary elements.

Registration and account management: Your users need to register accounts to see the items in their basket, including wish lists and other features, like names and addresses. You want to keep all of this data secure on your end with a robust set of security measures such as multi-factor authentication, Secure Server Layer(SSL) certificates to encrypt all data traffic, proper firewalls, and anti-malware software.

Product display: How you display your products is one of the most important aspects you should consider when designing your product. Beyond common descriptive text and graphics, adding additional features that enhance the experience, such as 3D presentation texts, can lead to more sales.

Search and filtering: If customers can’t find what they’re looking for, they’re more likely to run to buy from the competition. Provide robust ways to locate items and provide alternative procedures if you can’t find a specific request.

Payment options: Depending on the type of goods and merchandise you want to sell, you need to provide payment options that your customers find easy to use. This will help convert the search to an actual purchase. Connections with trusted payment services, such as PayPal and Stax can help you ensure your payments are fast and secure. Also, make sure you are compliant with the Payment Card Industry Data Security Standard (PCI-DSS).

Integration with your existing systems: If you already use a Content Management System (CMS) to manage your business and inventory, like Shopify, make sure this new storefront can integrate those systems.

Future Trends in Ecommerce App Development

eCommerce mobile apps have replaced traditional retail. But it doesn’t mean that the online experience should be different from buying in person. Let’s think about what this means and how eCommerce trends create a better customer experience.

Great Stories

Big data algorithms have become increasingly important for eCommerce app development as the number of users in this industry is growing rapidly. For example, Amazon can tell you what you want to buy next and suggest products you might like. This creates the question "How did Amazon know what I liked? ".

Well, these days it’s no secret that Amazon tracks users’ behavior on the app and uses a big data algorithm to make relevant recommendations.

The AR Experience

Augmented reality is what bridges the eCommerce purchase with the in-store experience. Ikea's retail app is among the retailers that excelled in the AR experience. Customers from the home furnishings giant get access to the full merchandise catalog in AR mode.

One-click Purchase

The success of e-commerce applications lies in one-click payment. A checkout process is both a trend and a feature of eCommerce mobile app development . When working on the Dollar Shave Club app, we at Uptech made this feature a top priority.

Without users having to re-enter payment information every time they make a purchase, one-click payment encourages customers to complete multiple purchases. It’s a great example of how a user-centric approach leads to a better shopping experience and business revenue.

AI Chatbots

AI Chatbots help your business stay connected with your users without overwhelming them with multiple messages. Furthermore, with AI, you can train chatbots specifically on your business cases, giving users a highly personalized experience that encourages them to be loyal to your brand and increases retention.

Social Media Commerce

The trend of social commerce is very popular among e-commerce companies these days. Again, personalized user experience plays the primary role here. Companies integrate their online products on social media platforms (like Facebook or Instagram), allowing users to purchase products while browsing the app. Social commerce will allow users to instantly track price movements and purchase products within the minute.

How Much Does it Cost to Develop An Ecommerce Application?

Development Funds

Development is the central part of an eCommerce app development process. Therefore, you will have to spend more money on the cost of development.

First, determine the number of developers. Then, you will find the estimated cost based on the users’ numbers and skills. In most cases, it will take between 600 (six hours) and 900 (nine hours) to create an e-commerce application.

The cost to develop a typical e-commerce app ranges from $10,000 (Ten Thousand Dollars) to $30,000 (Thirty Thousand Dollars), which can go up to $80,000 (Eighty Thousand Dollars).

Test and Deployment costs

The last problem which you will encounter when starting the process. If the feature is not properly tested, you could lose new customers and existing users. And it is because of the worms. So, testing is very important after building the eCommerce application.

Approximately 12-15% (Twelve to fifteen percent) of the total development time an e-commerce app will need to test after deployment. Testing and deployment will cost you about $1,000 (One thousand dollars) and $2.0000 (twenty thousand) on average. Approach: Mobile app development Companies in philadelphia , USA