The digital market is growing very fastly and nowadays we can’t imagine a world without online shopping. After covid arrival, online shopping has been in trend and due to this offline shopping is losing its popularity. We receive a lot of queries about how to use and what are the related apps for startups.
If we talk about online shopping it will increase by 63% and through eCommerce $690 billion is generated as revenue. People want to develop eCommerce mobile apps but the major problem for them is where and how to start and how to find out authentic information regarding this.
How much does it cost to develop an eCommerce mobile app development and what are the timelines? Numerous articles are rolling over the internet for writers and developers, but there is not a single article that is written for startuppers that can give information to them what is the process of starting an E-commerce app development.
Here we thoroughly discuss all the possible points that may affect your e-commerce mobile app development cost. We will try to give answers to the following questions in this article:
- How much does it cost to develop an e-commerce mobile app development?
- How long does it take to develop an eCommerce mobile app?
- What features are required to develop a mobile app?
- How do monetize your app?
- Where to find trustworthy developers?
Table of Contents
- 1 Impact of Covid Pandemic on Development of e-Commerce Mobile App?
- 2 Benefits of eCommerce Mobile App Development
- 3 Things to keep In Mind Before Creating An E-commerce App
- 4 Key Features For e-Commerce App Platform
- 5 How Can an e-Commerce App Make Money For You
- 6 Cost To Develop An E-commerce Mobile App Development
- 7 How RichestSoft Can Help You In Developing an eCommerce Mobile App Development?
- 8 FAQ
- 9 Conclusion
Impact of Covid Pandemic on Development of e-Commerce Mobile App?
According to Google stats, the number of searches increased by 3 to 9 times with the word “ delivery” after the impact of Covid -19 in various countries. The pandemic impact changed our ordinary life and due to this importance of online shopping in our life reaches the next level. Due to the uncertain circumstances, people started to buy essential things only such as household items, and groceries items on the other hand expenditure on travel and other items has decreased.
Benefits of eCommerce Mobile App Development
Nowadays, mobile app traffic overtook web traffic and such platforms evolved into mobile apps. Online shopping increased by 3.5 within 5 years. E-commerce provides all the essential details of every product to the users they order. Nowadays retailers put their products on websites so that their business remains up to date.
Here are some reasons why mobile traffic is gaining so much popularity and what are the benefits of e-commerce apps:
1. High Demand
Nowadays people prefer to do online shopping as it offers them the to compare prices of the goods, the best deals, read product reviews, and buy the product eventually. As most people have their phones in their pockets 24*7.
Due to the availability of online shopping people can easily buy products by just clicking a button. There is no need to go to any retail shop to buy products. This fast process creates ideal conditions for easy purchasing.
3. Customer Attraction
For attracting customers and staying in the market eCommerce mobile app development is a good option for your business. Developing eCommerce mobile apps to attract customers and if we don’t build a website in the digital era our customers may switch to our competitors.
4. Data Obtaining
It is always beneficial to gather information about the market and customers’ need so that we can update our business services accordingly.
5. Push Notifications
It is another form of marketing by giving information to your customers about the discounts, promo codes, above-mentioned target offers, etc. as it receives better feedback in comparison emails.
Things to keep In Mind Before Creating An E-commerce App
1. Business Models
You should consider business models before creating an e-commerce mobile app development. You have to select one from various business models such as:
B2B Model: B2B model stands for a business-to-business model which is beneficial in supplying goods and services from one business to another. Goods are the raw materials that are used for making other goods. For example -selling of wood from one company to another for making paper.
B2C Model- It stands for business to consumers model in which products are directly bought by consumers and it is a widespread model in the market.
C2C Model- It stands for consumers to consumers, in this model consumers can buy or sell goods to each other. This model is used by eBay.
C2B Model- It stands for consumers to the business model. this model is very less popular among the sellers but beneficial for its customers. In this model, consumers facilitate businesses by providing their services and goods.
It is important to choose a platform keeping in mind your target audience. You have to select whether you want to develop your app on the Android platform or the iOS platform. According to a report, android is mostly used by people and possesses 87% of the market share but the purchase of IOS is more often. You can also choose from any application type:
Native app– This app is created for one platform only.
Web-based app– These apps are available via network connections using hypertext transfer protocol.
3. Cross Platform App
This app is a combination of the above two apps. (putting the web-based app into the native app shell)
People provide their basic details while shopping such as home address, credit card no., and login info so it is vital to protect data. So, providing security to the customers and making it confidential not only increase your app’s reputation but build trust among the customers.
Make sure your app should have scalability so that it can maintain its performance and functionality when lots of users request simultaneously. An app should have a surplus band despite having an operational one.
6. API Integration
An app must have payment gateway integrations. so that users can easily pay after purchasing any goods. Customers can able to submit their payments by filling their payment info in the app without any redirections. Your app should fulfill the standards of the payment card industry so that the data of consumers will be confidential all the time.
7. Seamless Work
To avoid bugs and crash feedback from users is necessary that the app can be updated and modified from time to time according to the user’s convenience. For creating E-commerce successful app bugs and the crash should not be there you can take help from QA( quality assurance services ) for fixing all the bugs and crashes before launching the app. For detecting app crashes app testing is beneficial.
Key Features For e-Commerce App Platform
We discuss here some key features that are beneficial for both the parties( sellers and buyers)
1. Registration And Personal Account
In every app login page is there doesn’t matter app is opened by the buyer or seller they have to provide their basic information before opening the app. So it is a suggestion to the app builder that keeps it as short as possible just including email, first and last name, and a phone number. You should provide a personal info page in the app so users can change and set it up later on with more details and preferences.
Make sure you work with an experienced UX/ UI designer, who will make the catalog easy to navigate and intuitive. Your search bar can search for a particular item and also be able to search items according to categories, like price, color, brand, etc. All in all your search results page will contain lots of elements. There should be an option for the sellers so that they can able to add new items to the list and able to attach photos and filter tags to them.
3. Item page
This page consists of all the information about the items that are necessary such as the name of the item with photos, description, price, delivery date, and reviews from previous users who buy those items. Make sure you disclose all the terms and conditions from the beginning because nowadays many buyers consider shipping costs and special deals before getting to the checkout page.
4. Wish Lists
This feature is vital for customers as when consumers browse something, they see a lot of things and get puzzled sometimes about what to buy and what to not so they want to save some items for the future that they like and to buy nearby future – just add them to your wish list. They can bookmark the items also and whenever the price of a wish list item drops seller can send a push notification to them.
4. Payment Feature
You should be sure about customers’ comfort, be sure that they can able to add a product to the cart, and after calculating the total they can pay it and if they don’t pay at the moment you can remind them later. For enhancing the customer’s comfort make sure your app support apple pay, google pay, Paytm, etc mode of payment.
5. Order History
The history of previous orders plays a vital role for both sellers and buyers as this enables customers to know when and what they bought any item and how much they spent on them. On the other hand, it will help the seller also track their sales and count their revenue.
6. Customer Support Chat
Building trust with customers is also essential and dealing on such a big platform sometimes we can’t keep eye on everything like quality. So it is necessary to have customer support chat where unsatisfied customers so they can tell you about their problems and also ask their queries. We suggest you implement messaging functionality so that customers get answers to their questions within a moment’s notice.
How Can an e-Commerce App Make Money For You
1. Commission fee
You can charge a sales commission through your e-commerce app on each product sold on their marketplace. For example, Myntra charges a commission fee ranging from 40%-50% depending on the product category and brand. shipping charges are part of the commission. Meesho is earning in the same way. They provide a facility to customers that they can buy dresses in bulk for resale purposes and they also provide commission to their customers who purchase products for resale purposes this makes the selling of Meesho at its peak and they are able to earn more.
2. Delivery fee
You can make money from your e-commerce app by charging a little fee for delivery. This is the easiest and most popular way of making money. but you should also consider other strategies because sometimes, customers drop the idea of purchasing any goods if there are delivery charges.
Subscription is also the most popular way of making money in this people get membership in an app, and get exciting offers and unlimited free delivery. There is no bounding of payment. users can pay monthly or annually according to their convenience.
4. Sponsored Content
While you add more income with this feature, you can attract more buyers by paying a little extra and can be on top of search results.
Cost To Develop An E-commerce Mobile App Development
First of all, we have to see all the possible factors that affect e-commerce mobile app development, and the most important factors are cost and timeframe.
The general rule of developing anything is the bigger you hire, the more you pay. The good thing about RichestSoft is that we use react native framework that allows using one code java script code and one team for both iOS and Android systems. It helps in saving time and money.
Let’s consider the important factor that decides the actual cost of developing your e-commerce mobile app development:
UI/UX Design: Before understanding the importance of UX /UI design in eCommerce app development let’s find out what is UX/UI design? Why is it used in developing apps? So, here is the answer, UI stands for User Interface and UX stands for User experience. So, as the name tells, User Interface works as an interface or we can say it is used for making the interaction between customers and systems, software and applications whereas UX deals with the user’s experience with brands, products, and services. both UI and UX are interdependent.
Now the question arises why it is important to use UX /UI design in eCommerce development. So, the answer is to grab the user’s attention with unique and innovative designs and for clear and better communications with the clients, and documents in a proper way.
As UI/UI design gives a face to your app so it becomes vital to use proper fonts, colors, and style for your app. So, that user can relate with your app and your app makes room in their mind in a positive way and you can connect through your app with lots of clients and can have loyal customers for a long time.
So, we can say that the charges of UX/UI designers in e-Commerce app development may affect your budget as the high charges of the designers will add to your cost. So, it is essential to opt wisely for your UX/UI designer. For your comfort, we provide approximate charges charged by designers in different nations for e-commerce app development.
|US||India||Western Europe||Central Europe||Australia|
|$100 -$150||$25 =$49||$50-$99||$25-$49||$100–$149|
Hiring developers from India and Western Europe is more affordable than in North America as living cost is also low in developing countries in comparison to developed countries.
Backend API Development: What is backend API? Before this, it is necessary to understand what an API is. API is an abbreviation of Application Programming Interface that helps organizations to open up their data of applications and functionality with the business partner and internal departments of the company and also with the third party.
Now let’s understand backend API development and how it affects the cost of e-commerce app development. Backend API development gives way for the developer so they can link up their application and software with cloud-based software. Linking up with software development kits and APIs becomes easier with the backend API development. Backend API development is a crucial part of an eCommerce mobile app development. What is the cost estimation for Backend API development in different nations? Let’s understand it with the given-below table.
|$61 – $80||$20 -$25||$70-$79||$15-$25|
*NOTE: Above mentioned data is according per hour.
Project Management: Project management helps solve administrative tasks and protect the project. If we go deep and analyze we can say that project management is actually using the specific skills, tools, and techniques that are valuable to the users. and cost of the e-commerce app development increase or decreases according to the project management work breakdown structure that gives clarification to the team tasks such as design, database, server setup, etc.
It consumes a lot of time, and hours spent on every task decide the increase and decrease the cost of an e-commerce app development cost. Here are some estimates of different countries:
|United States(per hour)||Latin America(per hour)||Eastern Europe(per hour)||India(per hour)|
QA Testing: Quality assurance tests all the crashes and bugs and fixes them before the release of the app and also tests the usability of your app. The tools which are used for testing the quality of products and other things included in it decide the cost of eCommerce app development. If the rates of tools are higher then the cost of e-commerce app development also goes higher. Similarly, if tools are of lower prices development cost of mobile app development automatically gets lower.
We have calculated all the possible factors that may affect the cost of eCommerce Mobile app development such as UX/UI design, frontend development, backend development and Quality Assurance. Now we are providing a unified costing for the entire e-commerce app development in the below table.
*NOTE: Total cost may vary from the table. Based upon your requirement and the complexity of app development it may fluctuate and may increase or decrease.
Your app development cost varies according to the hours spent on the project. If it takes less time to develop an app then your cost will reduce otherwise it can go high. Research time will also increase your project working hours as it takes around 4-5 days when we research something which definitely affects the budget. Moreover, It also depends on the company’s location, developer’s requirement, and tools that are used by developers for testing quality. So, all the factors entirely affect the cost of your eCommerce app development
How RichestSoft Can Help You In Developing an eCommerce Mobile App Development?
As one of the best service providers in this field we provide various facilities to our clients for the easy development of e-commerce apps such as flutter app development and React-native app development:
React-Native App Development
Quality Assurance: We provide customized react-native services by providing each code assured with quality according to your business goals as we never compromise with the quality.
Client satisfaction: Our developers have a great ability to build native apps that promise 100% satisfaction to the client. Top mobile developers of our company believe in and ensure clients’ comfort and satisfaction.
The virtual DOM: Developers can view the changes in virtual memory rather than seeing them on a screen with the virtual DOM. which enhances a cleaner experience and high performance all around.
Live Updates: React native framework indirectly reduces the go-to-market as live updates flashes directly to the user’s application so users have no need to wait for app approval.
Top-Notches developers: Top-level developers, and well-skilled developers of our company ensure providing the best to our clients. They are well experienced in creating unique reactive native mobile apps for Android, IOS, and other different operating systems.
Competitive prices: We have services that will suit your pocket and fit well under your budget as per your business requirement. Your requirements decide further project costs.
Flutter App Development
It also provides good services in e-commerce app development. You can also consider this while developing your app as it facilitates the given below services:
- Quick and easy code: The flutter app provides quick and easy code to the users to fix the bugs through faster debugging and analysis. It also provides easy experimentation in the app feature that helps in improving UI functionality and richness eventually.
- Unique Solutions: We have a team of experienced developers who have extraordinary talents for creativity and solutions. So, they will help our clients with unique and best possible solutions from which they are suffering.
- Fast testing: By using flutter app development, the testing process becomes easier and faster as users have no need to develop different apps for different podiums which eventually increases the testing process.
- Single coding based: With Flutter architecture developers or users no need to create duplicate codes every time for different platforms. IOS and Android platforms can be run by a single code only with the help of flutter app development.
- Widgets Creation: The developers can create new widgets with the help of flutter architecture. SDK has a great widget library that enables users to simply customize a widget at a faster rate.
- Skilled Team: We hire an experienced, skilled, and dedicated team of experts for every project in our company who help our clients and train them in their job and help to get better solutions.
Is It the Right Time for An E-commerce Start-Up After the Covid Pandemic?
Yes of course! At present time retail mobile app shoppers are failing to meet customers’ needs because of delayed delivery of goods, increased prices, and out-of-stock items. So by starting your business online you can make several customers and earn good revenue by providing solutions to their needs. So, we can say that it is the right time to enter the eCommerce business when several vendors are failing to meet customers’ needs and struggling to find consumers, your solution can help them meet online
It is necessary to develop an e-commerce app as it has its own benefits as demand for mobile apps nowadays is growing due to digitalization. Its accessibility, and way of updating its users make it more popular among the people. It is also beneficial for developers as it gives the opportunity to earn a large amount of revenue to them. However, developing an e-commerce app is a long process.
But the fact is that it also depends on the company that where it is situated we mean in which country a company is located whether it is in a developed country or whether it is in a developing country because charges of developers in developing countries are two times cheaper than developed countries. So, it is necessary to find out all the possible best solutions before stepping into the industry.
Developing an E-commerce mobile app development is a complex process as it includes a lot of factors that need to be considered before figuring out the whole budget. It consists of numerous parameters that require deep research and expertise. Richestsoft is an expert organization that helps its users to attain all the possible best results.
It has a team of experts and experienced workers that can help you in finding affordable and excellent quality. We can help you in building the best e-commerce app with a low budget as Richestsoft determines whether the cost is valid for you or not. By analyzing all the factors which are required in developing an e-commerce mobile app. Richestsoft also helps you in finding out the affordable things for developing an app such as tools, skills and many more that can add cost to your budget.