eCommerce app development Category: Check Out the Latest Posts on – MobileCoderz https://mobilecoderz.com/blog/category/ecommerce-app-development/ Wed, 24 Jul 2024 06:24:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://mobilecoderz.com/blog/wp-content/uploads/2022/12/favicon.png eCommerce app development Category: Check Out the Latest Posts on – MobileCoderz https://mobilecoderz.com/blog/category/ecommerce-app-development/ 32 32 How Does E-Commerce App Development Help Retailers With Their Problems in the Retail Industry? https://mobilecoderz.com/blog/how-e-commerce-app-development-helps-retailers/ https://mobilecoderz.com/blog/how-e-commerce-app-development-helps-retailers/#respond Wed, 24 Jul 2024 06:24:54 +0000 https://mobilecoderz.com/blog/?p=11104 The internet has emerged from Web 1.0 static pages into a dynamic shopping center. Retailers are facing major challenges due to the rise of the e-commerce industry. The COVID-19 global pandemic brought more woes to their existing challenges.  Consumers are also evolving with the growing demands of e-commerce development. Although the history of e-commerce goes […]

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The internet has emerged from Web 1.0 static pages into a dynamic shopping center. Retailers are facing major challenges due to the rise of the e-commerce industry. The COVID-19 global pandemic brought more woes to their existing challenges. 

Consumers are also evolving with the growing demands of e-commerce development. Although the history of e-commerce goes back to the late 1960s, significant changes have occurred only in the past two decades. 

We can hold the rise of the internet and the availability of smartphones, which are responsible for this m-commerce transformation worldwide. It is expected that the ecommerce market might grow to $5.4 trillion by the year 2026. 

Many believe that e-commerce is reaching its peak with dynamic websites and mobile applications. However, innovative technologies like Artificial Intelligence, Virtual Reality, Augmented Reality, and Blockchain promise much more. 

Traditional retailers are planning to shift over to online mediums. However, the fierce competition from big players like Amazon, eBay, and Temu is creating huge friction for newcomers. 

Unique and feature-intensive e-commerce app development is the only solution to leverage market gaps. Retailers should consider online platforms to mitigate their existing challenges and expect higher ROI. 

This blog is the perfect place to learn all you need to overcome the retail challenges with e-commerce app development services.

What is E-Commerce App Development?

By e-commerce, we mean trading goods and services on online marketplaces. Transactions take place either in cash or electronically. E-commerce app development is the process of building mobile applications for specific platforms to help a business sell and market its products online. 

An e-commerce app development process involves multiple stages and a good investment. A business has to go through strategic planning, designing, testing, and development. The story doesn’t end there, as they also need to regularly update their digital solution to stay relevant. 

Almost everyone has access to mobile devices. Consumers also expect the convenience and experience of e-commerce applications from a retailer. 

A business may invest in an in-house development team or outsource this task to an e-commerce development company. It is a vital step in modern commerce to improve market reach, boost sales, and enhance customer engagement. 

Common Challenges in the Retail Sector 

The pandemic brought major challenges for retail businesses. Operating physical stores is higher when consumers expect a digital experience and convenience. Let’s explore some of the core challenges of this industry; 

Personalised Shopping Experiences 

A smart retailer creates the need for a product even the consumers realize it. It helps in creating a personal touch with customers and establishes them as a credible business. However, businesses have to put extensive effort into creating this personalized shopping experience via offline channels. 

They need a platform that provides endless possibilities to customize the shopper’s experience. It is only possible by considering M-commerce application development services. Retailed can showcase their products uniquely to make successful sales. 

Direct-To-Consumer Model 

Many brands believe in cutting the middlemen and selling products to consumers directly. In 2024, a direct-to-consumer mode will be a significant challenge for traditional retailers. Young customers are impatient with their purchase decisions. 

They don’t like to spend enough time calling and visiting stores to make the purchase decision. This generation does not prefer offline shopping. It could be a major setback for your business if you are targeting young demographics. 

Sustainability Practices 

Rising competition is making traditional retail businesses question their sustainability. It is becoming increasingly difficult to break even and compete with brands that have online stores. The future of commerce depends on digital innovation. Traditional businesses are lacking innovation and growth without e-commerce website development.

The E-Commerce Transition From Websites to Applications 

The idea of e-commerce didn’t begin recently. In fact, it has existed for over thirty years. The start of the World Wide Web was the portal to m-commerce. Most retail businesses establish their online presence through e-commerce websites. 

However, the rising availability of mobile devices led to the demand for mobile applications. It was far superior to browsing and shopping for products on a web browser. Retail software development had a major role in this increasing demand throughout the 2010s. 

These applications had more features, better UI/UX, robust security provisions, and fluidity than standard e-commerce websites. More businesses started adopting them as their main retail channel. 

For example, Amazon has been around since the late 1990s. It was one of the first e-commerce businesses to launch its application in 2008. It first came to the Apple AppStore and was an instant hit, with millions of downloads worldwide. 

Mobile applications are more useful and flexible than websites. It encourages any e-commerce businesses to consider e-commerce app development services. 

E-Commerce Mobile Application Development Process 

New businesses are often intimidated by the success of giants like Amazon, Shopify, and eBay. However, suitable M-commerce application development services can support retailers in embracing digital innovation. 

A typical development process has the following steps;

e-commerce-mobile-application-development-process

Ideate and Research

Everything begins with a plan and research. Retail businesses must dedicate enough time to brainstorming and jot down the possible ideas for a new e-commerce application. Almost every idea should be welcomed for better innovation. 

Next, we are going to balance these ideas against the market realities. There are two methods of conducting strong market research;

  • Potential users
  • Competitors 

Both these approaches give you a strong idea about the current market trends and demands. Most product strategists recommend capitalizing on the local market and then going global. However, you should consider running surveys and providing feedback to the people in your neighborhood. 

At the same time, analyze your competitors’ activities. Understand their marketing and monetization strategies. This will give you a close look at the market gaps that you can leverage. 

Competitor research is essential to gather insights about your target market. You can implement these insights to create a relevant e-commerce app.  

Features Consideration 

The next step is to define the basic features of your e-commerce application. In this stage, you must implement the findings from your market research and brainstorming. Consider developing an MVP (Minimum Viable Product) to understand the core features and how they will perform.

Focus on core functionalities like security, stability, and scalability. These fundamentals will define the overall user experience of your e-commerce app. For a smoother implementation, consider hiring a mobile app development company. 

Choose Your Platform 

Your preferred platform depends on your potential users and e-commerce business model. Selecting the ideal platform is essential to ensuring the application’s income. 

Different countries have distinctive market shares of iOS and Android devices. For example, 1st world countries like the USA, UK, and Australia have more iOS devices. In contrast, countries like China and most South East Asian countries have more Android devices. 

However, you should consider building cross-platform apps for a better market presence. Sheer customer volume is not always the answer for big businesses. For example, some luxury stores may have fewer customers, but they yield high-value purchases to keep the business profitable. 

A survey shows that iOS users spend more on gadgets on average than Android users. It could be due to their higher purchase capacity. Hire iOS app developers if you are targeting high-income groups. 

In contrast, hire Android app developers to get a wider market reach for mass products. Ultimately, the platform of your choice depends on your market research and business goals. 

Design the UI/UX

The major focus of your development process should be on ensuring a consistent and functional UI/UX. Your target audience shouldn’t have difficulties browsing your e-commerce app. 

The designing team will use various tools, such as Figma or Illustrator, to provide you with prototypes or mockups of the app design. Always prioritize the functionality and effort of funky animations. 

People expect a simple yet intuitive user experience from e-commerce apps. Take help from a mobile app development company that does both design and development work. You will have the complete product ready from the same team. 

Start the App Development Process 

Once you have the design ready, it’s time to transform it into a fully functional e-commerce application. 

The actual development process depends on the right app development tools and methodologies. A trustworthy e-commerce app development company will implement the best tools, programming languages, development frameworks, and environments.  

Launch and Constantly Improve 

The final step in the e-commerce app development process is an ongoing cycle. You must put continuous efforts into improving the application by learning from customer feedback and competitors. 

It enables you to generate buzz, spark interest, and build anticipation for your e-commerce application. Ask your tech team to continuously monitor key app metrics such as acquired active users and average session duration. You will find innovative ways to promote your app without saturating users with an influx of marketing content.

Must Read: Are NFTs The Future Of E-commerce Industry?

E-Commerce App Development Trends in 2024

2023 was a significant milestone for the generative AI and the e-commerce industry. The online experience is getting very close to in-person shopping. These are some remarkable trends to watch for in 2024;

e-commerce-app-development-trends-in-2024

AI Chatbots 

Most successful e-commerce businesses like Amazon and eBay prioritize customer support. Consumers also want to get relevant help without facing overwhelming information. Chatbot app development is necessary to create a personalized experience for customer retention. 

These chatbots can save you time and money when hiring and training customer support professionals. Many brands are considering this option to provide a more fulfilling shopping experience. 

Social Media Commerce 

Social media platforms are excellent for word-of-mouth marketing. Many of these sites have built-in online stores for e-commerce. It is an innovative approach to attract more customers and retain them longer. 

Social media app development could be a marvelous alternative approach to building an e-commerce store. 

Big Data

Numbers are your best friend when you are trying to run an e-commerce business. Big data algorithms will be necessary for your e-commerce app development projects to analyze user data. 

It helps in making data-driven decisions and predictions for your e-commerce company.  

E-Commerce App Development Cost

e-commerce-app-development-cost

The total cost of e-commerce app development depends on your requirements and the app’s complexity. Many factors can influence this cost, such as the development approach, features, IT team location, payment systems, platforms, etc. 

A simple e-commerce app project could cost $80,000. The time frame and number of people necessary for your app might also heavily impact this cost. 

Why You Should Consider E-Commerce App Development Services? 

Traditional retailers must understand the depth of constant challenges they are facing from e-commerce businesses. A good investment in e-commerce app development services is the only key to better customer fulfillment and business sustainability.

Smoother Adaption to Changing Consumer Demands and Behavior 

The rise of the internet has led to a drastic change in consumer habits. It is becoming harder to keep up with changing consumer demands. E-commerce app development could be an effective solution to stay ahead of the curve and fulfill consumer preferences. 

Accepting the change is the only way to make your company prosperous in a competitive industry. People have high expectations from any e-commerce business where they shop. 

Sustainability and Eco-Friendly Initiatives 

Digital applications are transforming the world with sustainable and eco-friendly practices. You can showcase your eco-friendly initiatives, such as using green product labeling and recyclable packaging. 

An investment in quality e-commerce app development helps you create a positive brand perception. It highlights how your brand cares about the environment and community. 

Reliable Inventory Management 

Traditional businesses often have trouble managing inventory. E-commerce app development services can streamline your stocks by providing strong inventory management tools. It provides superior visibility of the inventory to avoid shortages and maintain surplus stocks. 

A good integration also provides real-time notifications for quick restocking and product availability. Effective inventory management is good for both company operations and customer experience.

Also Read: What Are The Top 10 eCommerce Platforms?

How Can E-Commerce App Development Resolve the Retail Industry’s Problems? 

Enhance the Overall User Experience 

Every customer has certain expectations from a retailer. M-commerce development services ensure a seamless and personalized shopping experience. 

Customers who visit your online store feel valued because of push notifications, custom recommendations, and easy navigation. A great overall user experience is an incubator for repeat purchases. 

Boost Customer Engagement With Multiple Touchpoints 

People will only remember your brand when you have enough brand awareness channels. A mobile app and website are excellent measures to introduce multiple touchpoints for your prospects and existing customers. 

Consider multi-vendor app development for a strong market presence and reach to a wider audience. 

Omni-Channel Integration 

The future of retail depends on building smooth shopping experiences across various channels. It means traditional retailers should focus on developing physical stores, mobile apps, and websites. 

Shoppers will have more flexibility when switching between any shopping channel at their convenience. For example, most smartphone brands have both retail experience stores and e-commerce portals for maximum reach. 

Fulfilling The Emerging Dominance of Mobile E-Commerce 

Mobile e-commerce provides better accessibility, convenience, and personalized shopping experience than any channel. Most savvy businesses are already embracing this rapid adoption. The dominance of mobile e-commerce will be there with the increasing demand for e-commerce app development services. 

World-Class Personalization with Artificial Intelligence 

The Artificial Intelligence (AI) revolution is also hitting almost every industry worldwide. Retailers must consider this technology in their operations to stay ahead in the game. 

Consider developing an e-commerce app to analyze customer data, preferences, and behaviors. AI technology provides personalized and relevant product recommendations and targeted campaigns, which could be a game changer for most traditional retail businesses. 

Streamlining Mobile Payment Solutions 

Consumers often demand flexible and seamless payment solutions. M-commerce apps integrate with digital wallets and mobile payment platforms to facilitate quick and convenient purchases. 

Your customers won’t need to carry any physical cash or cards. A mobile app development company will help you integrate mobile payment solutions into your app to ensure this convenience. 

Digital wallets like Apple Pay, Google Wallet, and PayPal are the true torchbearers of a cashless economy. 

Opening a New Portal to Augmented Reality and Virtual Reality

The physical presence of products was the main advantage of traditional physical stores. People could observe the look and feel of a product they want. However, things are changing with the introduction of AR/VR app development

These immersive technologies enable shoppers to try and visualize products virtually from the comfort of their homes. AR and VR technologies can bridge the gap between the physical and digital worlds. 

One-to-One Engagement With Customers 

M-commerce applications enable you to highlight products and engage customers on a one-to-one level. E-commerce businesses evaluate their customers’ purchase history to determine which product is more relevant for them. 

The review and ratings systems on mobile applications and websites provide an interactive place for consumers and e-commerce businesses. 

Reduction in Operational Costs 

Another advantage of considering e-commerce app development for your retail store is cost reduction. We understand that managing multiple expenses in traditional brick-and-mortar stores can become troublesome. 

When you have a mobile application, you don’t need to invest in physical space, staff, electricity, or other costs. You would only need a reliable warehouse to stock your inventory for online sales. 

Different Types of E-Commerce Applications Available in the Market

Companies can implement different approaches to engage their participants and ensure a cash flow.

types-of-e-commerce-applications-available-in-the-market

B2B 

Business-to-business applications provide transactions between businesses. Many companies prefer this model by offering bulk purchasing and pricing, such as Amazon Business. 

B2C

A Business-to-Consumer model provides a sales channel between a business and individual customers. It is the most common business model worldwide. 

C2B

These mobile e-commerce platforms allow consumers to sell products or services to businesses. For example, Clutch enables businesses to hire agencies or individual consultants. 

C2C

These mobile applications provide transactions and communication between consumers. You may consider social media app development services to implement this business model and earn from ads or listing fees. 

eBay and OLX are some prominent examples of companies using this model.

How MobileCoderz Can Save Your Retail Brand With Bespoke E-Commerce App Development Services? 

You cannot trust an inexperienced development team to start your project. Only a reliable and trustworthy e-commerce app development company will help you develop a quality product. 

MobileCoderz is a leading, seasoned mobile app development company with years of experience in e-commerce development. We exist to help businesses and startups like yours take advantage of mobile commerce’s potential by offering cutting-edge MCommerce solutions. 

Our team prioritizes. 

  • Scalability 
  • Security 
  • Integration 
  • Monetization 
  • User Experience

Ready to elevate your business with a top-tier e-commerce app? Contact us today to discuss your project and start building your future.

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How Much Does It Cost to Build an E-Commerce App Like Idealz? https://mobilecoderz.com/blog/how-much-does-it-cost-to-build-an-e-commerce-app-like-idealz/ https://mobilecoderz.com/blog/how-much-does-it-cost-to-build-an-e-commerce-app-like-idealz/#respond Tue, 28 Mar 2023 10:09:50 +0000 https://mobilecoderz.com/blog/?p=10533 You will start an online eCommerce store for your brand after knowing different facts relevant to Idealz. The significant one includes that digital shopping trends have reshaped traditional marketplaces and are set to overtake the retail landscape. However, everyone understands the real challenge that eCommerce applications have to survive in this competitive world. The companies […]

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You will start an online eCommerce store for your brand after knowing different facts relevant to Idealz. The significant one includes that digital shopping trends have reshaped traditional marketplaces and are set to overtake the retail landscape.

However, everyone understands the real challenge that eCommerce applications have to survive in this competitive world. The companies might back off from this thought of expanding online when they see different eCommerce apps like amazon already ruling the domain.

But, before that, you need to consider the cost of developing such an app or an online shopping app like Idealz. We will discuss these elements in this blog that influence the costs of building an eCommerce app as a reliable eCommerce web app development company.

Further, it would help business owners use the potential of eCommerce applications by taking professional assistance from mobile app development companies.

Statistics of the E-commerce App Industry and Its Future Scope

Do you know that the retail landscape has substantially transformed over the last few years? Yes. But, if you still feel unsure about the profit your investment in the eCommerce web app development company would bring you, you must look at the statistics mentioned here.

According to a survey, the number of digital buyers in 2023 is 2.64 billion, making up 33.3 percent of the population worldwide.

Your business has a higher chance of attracting potential customers, with survey reports revealing that more than one-third of American small businesses do not have a website.

Thus, these facts reveal that eCommerce mobile app solutions have enhanced their popularity in the eCommerce industry. It might increase your curiosity about hiring a mobile app development company for building an eCommerce application like Ideaz, the cost for creation, and other significant points. You may proceed further in this blog to understand these topics briefly and invest better in your business.

Business Models of Idealz App

Do you know that Idealz is a mobile app that sells extravagance items like watches, ornaments, or other rewards for customers who get vouchers? This feature is responsible for the app’s popularity in Dubai and UAE.

Therefore, customers that purchase vouchers can get the opportunity to win luxury items purchased through the Idealz app using various payment options. Idealz automatically allows customers who have got vouchers into the draw for a chance to win luxury products.

Further, Idealz offers different other rewards to their customers, like cash prizes & gift cards, and supports charitable causes through its business model. The app donates a portion of the payment from voucher sales to various charitable organizations with a personalized user experience.

Likewise, the Idealz app provides customer support with customized product recommendations and notifications based on user behavior & preferences. They offer a better experience through a chat function within the app, allowing users to get help with any issues or questions quickly.

Thus, the Idealz app is a specific app that offers customers a chance to win luxury items while supporting charitable causes. The app is a user-friendly platform for customers through its personalized experience and customer support.

Difference Between Idealz App from Conventional E-commerce Apps

Difference Between Idealz App from Conventional E-commerce Apps

E-commerce apps has witnessed immense growth in the last few years by bringing new shopping trends to the conventional eCommerce market. Jad Toubayly brought it in 2016 and successfully shifted the idea of the online shopping concept.

He integrated his thought with the best eCommerce application development services. So, the reasons that make eCommerce apps stand apart in every industry arise. Its better answer appears when we witness that customers shopping through Idealz online shopping store by default will be eligible to win a luxurious prize.

Moreover, they have a wide choice of ongoing campaigns and business promotions from this app. Customers get a participation ticket after purchasing the app store. Also, the best part of this drawing system is that the whole process is followed by adhering to proper norms and regulations set by the government.

It offers the consumer a fair chance to try their luck and win a luxurious price on this shopping app that is tried & tested. So, you may have become excited about creating your E-commerce app similar to Idealz.

It might even compel you to determine the app development cost and step ahead to hire an eCommerce web app development company. However, you need to look at various features empowering Idealz mobile apps that would assist you in taking further steps.

Functionalities to Create an E-commerce App Like Idealz

Does every eCommerce app providing different services succeed in the market? Most of you would say no, as various applications offer different products or services under one roof. However, an eCommerce application’s success highly depends on the choice of functionalities it has, making a more significant difference from other apps. Above all, an eCommerce web app development company can help you determine the right features for your app. 

Functionalities to Create an E-commerce App Like Idealz

1. User Login

You may allow your users to get started with an app once they download it by using the email id, social media credentials, or phone number for error-free and fast login access.

2. View Products

Your app should offer your users various products and services. It may depend on applying filters, like product name, quantity, or size.

3. Reward Points

The app should have a feature to offer redeemable reward points to the users. It may allow them to donate their loyalty points to anyone effortlessly.

4. Product Division

You should define categories of products in your app as Idealz does—for instance, stationaries for books, pencils, notebooks, and other things relevant to this category.

5. Multi-Payment Integration

Your app can provide flexibility to users with the facility to make payments through multiple payment methods. It would help them shop effortlessly, and you can accept payments through credit/debit cards, in-app build e-wallet, and more.

6. In-App Navigation

The app should help users monitor the product location by tracking the real-time location of the product delivery.

7. Push Notification

This feature in your app should allow users to stay updated with every offer, deal, discount, and other information about your products or services. It may give consumers details about order confirmation, prize winners, and more.

8. Fare Calculators

Your app should use ETAs for users to estimate the product fare with the expected VAT charges. It helps the company gain the client’s trust and avoid showing any hidden charges.

9. Campaigns

The app should be able to manage frequent campaigns in-app and enable app owners to launch them regularly.

10. Multi-Language Assistance

This feature offers significant benefits if you target global users, allowing users to access the app in their local language.

11. Multi-Currency Support

Your app is more likely to gain popularity when it accepts currencies like Dollars, Dirham, Rupees, and more for a seamless process. In particular, an eCommerce app like Idealz accepts various currencies and ensures an excellent shopping experience for the user.

After acknowledging its functionality, you may understand the cost of creating an app like Idealz.

Cost of Creating an E-commerce App Like Idealz

Are you thinking about how much it will cost to create an app like Idealz? It would help if you comprehended the parameters influencing the ecommerce app development cost.

1. Platforms

The overall cost of developing an eCommerce app like Idealz is affected by one significant factor: selecting a suitable platform. For instance, Idealz is available on various devices, including desktops, smartphones, and tablets. Thus, you need to hire a trustworthy eCommerce web app development company. 

However, you need to understand that the two most popular platforms for eCommerce apps are iOS and Android. We ensure that creating an app for an Android platform would cost you less when compared to iOS.

Also, Android has a larger market share than iOS, with various screen sizes. You may monetize your app as in-app purchases and subscriptions will likely be paid for by iOS users.

2. UI/UX Design

We understand that the design of your online eCommerce store influences your project’s development cost and time. Thus, it would help if you created an engaging and immersive UI, as it is the first point of interaction for users.

Your design will take more development time and cost when you add more UI elements and layouts. So, keep your design to impact your app development cost positively.

Your app becomes less expensive when you present it in basic design through standard UI components and layouts. Therefore, the basic design includes a minimalistic layout, fast loading speed, clear & concise navigation, and others.

It will require more time and effort from developers if you want a customized design. Further, it will impact the development cost by including custom designs like branding features, functionality, accessibility, and more.

3. Features

Your overall app development cost will significantly impact the number of added features and functionalities. So, look at some basic and advanced features to add to your eCommerce platform.

Basic features have user profile creation, push-up notifications, and product filtering. Similarly, advanced features for your eCommerce platform involve personalized product recommendations, multi-language support, product customization, and one-click checkout.

4. Development Team Size

We understand that developing an eCommerce store is a complex and challenging task that involves choosing technologies, deciding on tools & technologies, and more.

For this purpose, hire mobile app developers that provide you with helpful insights to select the technologies. The higher the development cost when you hire more developers.

5. Technologies Used

Your choice of back-end and front-end technologies impact custom eCommerce software development.

6. Programming Languages

Developers use Java & Kotlin for Android and Swift programming languages for iOS. They play a significant role in influencing the cost of creating an eCommerce app like Idealz. Also, developers may use Google analytics for utilities, Stripe & PayPal as payment gateways, and MySQL & MongoDB as databases.

7. Development Team Location

Developers’ location plays a crucial role when you consider estimating the cost of your app like Idealz. They often demand the price for developing an eCommerce app per hour, like developers from the USA would demand $60-$150. Likewise, developers from the UK would demand between $50 to $150, and those from India would work between $20 to $50.

8. Third-Party Integrations

We understand that integrating third-party APIs require additional resources like development time & customization to fit the project’s demands. Thus, it impacts the overall cost of Ecommerce application development. Look at some essential APIs to include in your eCommerce project, like payment gateways, social media, account & bookkeeping, live chat & chatbots.

9. Maintenance & Update Cost

Do you know your app requires continuous support and maintenance post-deployment to work smoothly? Yes, it involves several costs in fixing bugs, implementing security measures, and adding new features or enhancements. You should plan a budget for support and maintenance for a long-term functional and competitive app.

Final Words

MobileCoderz is a reliable eCommerce web app development company with cost-effective solutions. We have skilled members who dedicate their time and effort to providing your company with effective mobile app development services. Further, our mobile app development company proposes solutions to different industries like healthcare, tourism, education, etc. We will build an eCommerce application for your company within budget.

Book a free consultation with our experts

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Are NFTs The Future Of Ecommerce Industry? https://mobilecoderz.com/blog/nft-in-ecommerce-industry/ https://mobilecoderz.com/blog/nft-in-ecommerce-industry/#respond Tue, 06 Sep 2022 06:29:01 +0000 https://mobilecoderz.com/blog/?p=9216 NFTs have become a hot trend these days. They are penetrating different industries and empowering them with innovative abilities. Especially in eCommerce, NFTs are expanding dramatically.  With the integration of NFT in eCommerce development, online shopping is set to reach the next level. Today, customers can virtually try on products and make good selections. They […]

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NFTs have become a hot trend these days. They are penetrating different industries and empowering them with innovative abilities. Especially in eCommerce, NFTs are expanding dramatically. 

With the integration of NFT in eCommerce development, online shopping is set to reach the next level. Today, customers can virtually try on products and make good selections. They can get ownership of their digital assets and customize their products as per choice. 

Hence, the growing expansion of NFTs in eCommerce development has evoked a big curiosity about the future of NFTs in eCommerce. 

  • How does NFT work in eCommerce?
  • What benefits eCommerce businesses drive from NFTs?
  • How NFTs will change the eCommerce industry in the future?

 

If you run an eCommerce business then these questions matter a lot. It is because NFTs are trending and their usage in the eCommerce industry is growing exponentially. So it is important to know what is the future of NFTs in the eCommerce industry. And in this blog, we will discuss this hot subject. 

What is NFT?

NFTs are non-fungible tokens which are built on a blockchain platform. The term non-fungible means that it is unique and can’t be manipulated with anything. It doesn’t allow replication of any kind of data manipulation. Therefore, NFTs can’t be mutually interchanged with other digital products. 

NFTs could be any type of digital asset that consists of images, videos, music, audio, digital artwork, cards, currency, or other digital things. The best part of the NFT concept is that it allows you to convert any physical asset into NFT which has the ability to be digitized.

And therefore, this unique feature of NFT marketplace empowers eCommerce businesses to take advantage of innovative technologies in their existing ecosystems. 

NFT in eCommerce: What’s Happening Right Now?

The popularity of NFTs is rising with skyrocketing speed. Investors and businesses are heavily investing in NFTs and NFT marketplace development seeing its rapid growth. NFTs, however, are meant for only digital accessibility. 

But it has the ability to be used in other different use cases. Specifically, in eCommerce, NFTs offer a variety of benefits to online businesses. With NFTs, eCommerce companies are able to make an attractive digital representation of their physical products. 

They give exciting offers in the form of NFTs to attract more customers. And therefore, the use of NFT in eCommerce is growing significantly. 

According to market reports, many eCommerce companies have started utilizing the abilities of NFTs in their existing business models and driving new revenue streams. 

With NFTs, eCommerce is getting a new source of revenue and developing a secure and robust ecosystem to improve the ability of their eCommerce website and mobile application. 

Here are real-life examples of eCommerce businesses that have implemented NFTs in their system. 

Shopify, a leading eCommerce platform has made it possible to sell NFTs via its platform. Shopify allows its merchants to sell NFT content directly from their online stores. 

Unlock Your Brand's Community with NFTs | Shopify Tokengating

Nike has recently introduced CryptoKicks patent facility in their shopping platform. CrytoKicks is an NFT-based system that allows users to split two pairs of virtual shoes to create a new one. If customers like any of them, they can register it with the seller and receive a corresponding NFT. If the patented shoes are sold again or purchased by other customers then the digital token will be rewarded to the patent holder. 

Nike Enters The Metaverse: Are We Ready for NFT Sneakers?

America’s leading clothing brand Fred Segal used NFT to create a physical display of their products. Some of their NFTs have even sold out for thousands of dollars. 

Fred Segal and Subnation Partner for Artcade, a Physical Retail Pop-Up Featuring NFTs | California Apparel News

How NFTs work in eCommerce?

While you might feel excited about this hot integration, the fact is NFT and eCommerce are two completely different technology domains. eCommerce works as an online trading or shopping platform. It allows people to buy and sell products over an Internet network from their devices. 

The current eCommerce ecosystem uses a centralized or a single server for managing all the online operations of the eCommerce site or mobile app. However, NFTs are built on blockchain platforms that are fully based on decentralized concepts. 

Therefore, the merger of NFTs and eCommerce is actually not an easy match. eCommerce uses centralized web and mobile app development technologies. Whereas, NFTs use blockchain technology to convert a digital asset into an NFT. 

So the question arises how NFTs can be integrated with eCommerce?

How could NFTs work in eCommerce when they both are built on entirely different architecture and technology?

Well, it’s true that the integration of NFTs in eCommerce platforms appears to be a barrier or complex task. But the common attribute of eCommerce and NFT which is to trade online gives great scope for implementing NFT in eCommerce. 

It is because the current top eCommerce platforms work on a centralized ecosystem. They largely have to depend on third-party services for the trade of products and services on the eCommerce site.

And this is where NFTs enter eCommerce to provide a better solution for online trade and exchange. By implementing NFTs eCommerce businesses can eliminate the involvement of third parties. It helps eCommerce businesses to assign a unique digital token to their product or service. In this way, NFTs enable eCommerce to utilize blockchain technology. 

What types of eCommerce businesses can benefit from NFTs?

While the use of NFT in eCommerce development is currently evolving and limited to digital artwork and content. NFTs still provide many abilities to eCommerce in terms of digital ownership, fast and secured accessibility, and data traceability. 

NFTs provide support to a variety of eCommerce businesses to improve their efficiency and sales growth. Let’s take a look at what are those online businesses that can take advantage of NFTs. 

  1. Digital collectibles
  2. Home Decor
  3. Fashion & Apparel
  4. Custom software
  5. Subscription services
  6. Digital artworks and images
  7. NFT eCommerce platform

Benefits of Using NFT in eCommerce

There is a huge scope for NFTs in eCommerce. It provides immense benefits in various ways. NFTs empower eCommerce businesses to utilize advanced technologies like blockchain, Web 3.0, cryptocurrency and augmented reality. 

With NFTs, online businesses can make their online eCommerce platform in the NFT eCommerce marketplace and sell digital assets along with physical products. There are more benefits beyond this. Let’s take a look at the benefits NFT provides to ecommerce. 

Benefits-of-Using-NFT-in-eCommerce.png

1. Create NFTs of physical products

NFTs could play an influential role in improving customer loyalty. eCommerce businesses can assign NFTs to their physical products to attract more customers. Or they can simply create NFTs of their physical products and sell them along with the same products. 

As a result, NFTs can attract customers with better exclusive benefits and rewards. Since the popularity of NFTs is growing in the market. Customers might feel more interested in seeing NFTs along with physical products. 

However, if you try to sell NFT directly it is difficult to find a direct buyer. But, offering NFTs on eCommerce platforms can attract customers easily. Hence, NFTs help the eCommerce industry by offering exclusive and attractive rewards and offers to customers. 

2. Strong product authenticity verification

There has been a drastic need for solid product authenticity in the eCommerce industry. Often, customers have to face many issues in getting wrong or ingenuine products. This happens due to lack of functionality that verifies the authenticity of products.

From Amazon to eBay and Walmart to Alibaba, even big eCommerce brands suffer great financial loss due to wrong or false products. In this case, NFT works as the best solution. NFT is based on the blockchain development approach which makes it completely unique, immutable, and traceable.

With NFT, one can assign a unique value to any physical product and verify its authenticity to assure the sold product is genuine. Consequently, it will help eCommerce businesses establish trust and brand reliability in customers which will ultimately continue to increase sales. 

3. Better inventory management

One of the top features of NFT is that it has good traceability. And this feature helps eCommerce businesses in inventory management. Since online business owners and eCommerce companies have to put immense efforts into managing large data storage and inventory resources.

And if a company has a large number of sales in a day then inventory management could be a herculean task. Therefore, the implementation of NFTs in eCommerce is highly needed. As NFTs come with great tracking and traceability features, it helps them manage their inventory and other processes efficiently and accurately.

Many eCommerce app development companies use NFT to build CRMs and NFT marketplaces  for eCommerce businesses. They have witnessed good results in terms of better efficiency and savings in NFT marketplace development cost

4. Authenticated transaction record

Since NFTs are built on a blockchain network it allows a platform to record authenticated transactions. eCommerce and online businesses have to deal with countless transactions in the form of mobile payments, card payments, wallet payments, and so on.

And storing and verifying these transactions becomes a highly complex task. By implementing NFTs in eCommerce business owners can easily validate online transactions and store data in a foolproof place.

With NFT, it becomes quite easy to track the history of transactions and establish transparency and security in the platform. This is because NFTs use the decentralized ability of blockchain technology. But to enable this functionality in your eCommerce platform you will need assistance from a blockchain development company

5. Create value-added customer loyalty programs

The current eCommerce market is getting highly competitive day by day. With the arrival of new online stores or eCommerce companies, no business can survive or grow without running customer loyalty programs in today’s market.

But despite eCommerce businesses offering customer loyalty programs. They still struggle to retain customers through loyalty programs.

According to RetailWire reports, around 40% of consumers don’t feel interested in joining loyalty programs offered by online stores. After analyzing further they found consumers want long-term benefits as the current loyalty programs run for a very short time.

NFT here assists eCommerce businesses in creating value-added customer loyalty programs with exciting features. They can offer NFT-based rewards and discounts to customers.

Online businesses can offer free NFTs as customer loyalty programs to retain customers on a long-term scale. As a result, NFT helps eCommerce companies to retain their valuable customers by creating value-added customer loyalty programs. 

What is the future of NFT in eCommerce?

NFT is trending in eCommerce. It empowers eCommerce businesses with many abilities to improve their online business ecosystem. They can use NFTs in several ways to increase customer base and revenue streams. There are many eCommerce companies and retail brands that have already implemented NFTs in their business models. And they have witnessed great results. 

So considering the potential of NFTs and the benefits they provide to online businesses, the future of NFTs in eCommerce seems prosperous and lucrative.

The way eCommerce companies are adopting NFT and blockchain-based solutions in their products. The use of NFTs in the eCommerce market will have a substantial share in the future market.

However, NFT is not expanding quickly and evolving at a moderate speed. It has been applied by only the world’s big e-commerce brands and companies that have sufficient funds and resources to implement NFT and blockchain technology in eCommerce websites and mobile apps. Small and medium size businesses are still far behind in utilizing NFTs in eCommerce. 

But as big companies have started, this trend will get fast space gradually and more business people will adopt this unique technology concept in the future. 

Why Should You Choose MobileCoderz for NFT eCommerce solutions?

MobileCoderz is among the top blockchain development company in the industry. We have highly experienced and skilled blockchain developers and software engineers who are well-versed in creating blockchain-based solutions for multiple industries.

Our team can help you integrate NFT into your eCommerce platform and build result-driven solutions. Our expertise in using NFT in eCommerce has enabled many online businesses to witness impressive changes and outcomes in terms of more customers and better revenue growth.

Conclusion

eCommerce is a big industry. Since it uses digital technologies it has huge scope for embracing NFTs and blockchain technology-based solutions. NFT empowers eCommerce with different capabilities that help them provide a next-gen online shopping experience to customers. 

Today, consumers are highly interested in trading NFTs and using them for exchanging different products. The usage of NFTs in eCommerce will increase tremendously in the future. Therefore, you shouldn’t stay behind in adopting this innovative technology in your business to take an early competitive advantage. 

But since integrating NFTs in eCommerce requires high-level expertise in blockchain and other technologies you will need assistance from a professional blockchain company that can help you build NFT eCommerce solutions.

Just Book a Free Consultation and Discuss Your Project Right Away 

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10 Key Elements to Consider While Building an eCommerce App https://mobilecoderz.com/blog/key-elements-while-building-ecommerce-app/ https://mobilecoderz.com/blog/key-elements-while-building-ecommerce-app/#respond Fri, 26 Aug 2022 07:41:39 +0000 https://mobilecoderz.com/blog/?p=9140 The eCommerce sector is evolving with the massive growth in the mobile app development industry. Every prominent business is pushing itself to build its own eCommerce marketplace. Most interestingly around 85% of smartphone users prefer using a mobile app instead of an ordinary website. Therefore, an online shopping business should consider investing in eCommerce app […]

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The eCommerce sector is evolving with the massive growth in the mobile app development industry. Every prominent business is pushing itself to build its own eCommerce marketplace.

Most interestingly around 85% of smartphone users prefer using a mobile app instead of an ordinary website. Therefore, an online shopping business should consider investing in eCommerce app development to build a high-performance, secure, and reliable application.

In this blog, we are going to tell you about the 10 key elements that you must consider while building an eCommerce app. 

Before we learn about these critical elements, we must learn a few things about eCommerce app development

eCommerce App Market Overview 

  • The mobile eCommerce market revenue had touched $3.56 trillion in 2021. This amount is more than half of total eCommerce revenue. 
  • The United States alone contributes to almost 10% of the global mobile e-Commerce business in 2021. 
  • The global eCommerce app sessions have increased by 92% between 2017 to 2021. 
  • Surprisingly, less than 10% of the retailers and small businesses actually provide a mobile app. 
  • Around 58.4% of the online audience buys something from online shopping sites every week. 
  • Consumer electronics and fashion products fall under the most sold products online. 

What is eCommerce App Development?

eCommerce app development is the process of developing mobile applications to build online stores to sell products and services. An eCommerce platform becomes a medium for trading online goods online. Thus, businesses are able to break geographical boundaries and minimize their operating costs with an effective eCommerce business model. Moreover, to maximize their market presence, business often develops their eCommerce mobile apps for platforms

The eCommerce industry has grown massively with technical advancements, globalization, and people’s aspirations to live a better lifestyle. 

The Growing Importance of Mobile Apps in the eCommerce Industry

In today’s hectic lifestyle. People actually don’t have much time to visit retail stores for shopping. For this reason, there’s a huge demand for eCommerce marketplaces where people can shop without leaving their homes. Businesses have also realized the importance of eCommerce app development after the Covid-19 pandemic. Thus, building a well-performing mobile app has become a fundamental component of a successful business. 

Building a mobile app for an eCommerce business is not an easy task. In fact, you have to be very analytical about the customer experience in your UI/UX design.

Let’s learn the important elements for eCommerce app development

10 Key Elements to Consider to Develop an eCommerce App

1. Understanding Your Target Audience 

One size doesn’t fit all! Thus, building an eCommerce platform is not just about developing technical infrastructure for your users to shop online. In order to ensure proper eCommerce app development, you must understand your target audience and their needs.

By running an eCommerce marketplace, you can capture a wide geographical area with your market presence. However, you have to understand the individual customer persona and provide personalization with your services. These are some key points that you must consider while expanding your business to a much wider audience; 

 

  • The applicable taxes in different regions 
  • Excise duties on goods and products 
  • Shipping costs 
  • Complying with the best trade practices 
  • Income group of the target audience 
  • The cultural impact of online shopping 
  • The shopping habits of the consumers 

2. Easy and Consistent Navigation

When the user is coming to your eCommerce portal, s/he might be expecting the easier and most fulling shopping experience. Therefore, overcomplicating the user interface and experience might leave a severe negative impact on the user’s perception. In fact, there shouldn’t be any learning curve to understand the features and navigation flow of your eCommerce application.

It is highly advisable to hire skilled and certified eCommerce app developers who can create the most consistent navigation flow and simple user experience. During the eCommerce app development, you have to focus on visual, functional, and external elements. Ultimately, this focus on design and experience also improves the performance of the app. 

3. The Design Should be Highly Intuitive

The purpose of an eCommerce mobile application is very simple and straightforward. Thus, the scope of innovation might be limited and it is not necessary to go beyond the limits with functionalities. However, the design will be the first thing that your users will notice. You have to be very analytical and careful while applying your branding rules and design methodology to your eCommerce marketplace. 

The design should be simple and should accommodate all the necessary things for the app. Moreover, remember that your app must fit into different screen sizes of smartphones and tablets. Having an eCommerce app development company by your side will help you avoid common mistakes while designing an eCommerce app. Anyway, these are some important tips that you must consider while designing the UI and UX; 

  • The user interface must be user-friendly to help the users to navigate with ease. 
  • Do not overcomplicate your app with a lot of texts and animations. It will only diverse the audience in making a purchase decision. 
  • You must focus on proper content management to make the online shopping experience easier for the customers. 
  • The needed number of clicks or taps to purchase a product should be low as possible. 
  • The UI of your eCommerce platform must adapt to different devices and operating systems.

4. Guarantee of Security for the Users

Security becomes a major concern for users in online shopping. Any eCommerce platform would ask the users for their financial credentials like credit card details, bank account details, etc. Thus, there’s always a certain risk of security breaches and hacks with websites and apps.

You must invest in proper firewall settings during eCommerce application development. It will help you ensure the security of your customer’s personal and financial data. Moreover, a secure payment gateway and safe wallet are always welcome to improve the security of your eCommerce marketplace.

While considering the internal security of your eCommerce app, you must comply with your country’s data security law. Otherwise, you might face huge monetary penalties and even lawsuits. Data security is the responsibility of every successful eCommerce business. Thus, you must be prepared to take the proper measures to secure your customer dat

5. Building a Strong Customer Support

Successful retail stores have a dedicated customer support desk in their stores. In contrast, the top eCommerce businesses also have a separate customer team to resolve the grievances of their customers. No matter how good your products and services. Good customer support is always necessary. 

Providing multiple channels for customer support is always a good strategy. A user might be comfortable communicating through emails, calls, chats, etc. Having a dedicated chat feature in your eCommerce marketplace could be a sensible decision. Thus, the users will be able to resolve their issues within the app with a chat option. You can also develop a chatbot that might solve simple problems without actually requiring any human intervention.

6. Work on High-Quality Product Images, Videos, and Descriptions

The eCommerce app users don’t actually care about the app and its functionalities. They only care about the products and services that you are offering in your store. Thus, if you want to make a successful sale and ensure proper communication with your customers. You have to put more effort into adding high-quality product images, videos, and descriptions.

The images should be in high resolution, the videos should be very detailed, and the descriptions should cover every point about the product. Thus, intent should not only be sales-oriented, you also want to provide some knowledge and value through your content. In fact, the users should be able to draw comparisons based on the images, videos, and descriptions. Having high-value content is an important part of eCommerce app development.

7. Advanced Search Options

The search options in a website or a mobile app are meant to provide the most relevant results against each query. In the eCommerce development, you need to consider an advanced search engine that will help users to find the most relevant products. Having auto-suggestion facilities in your eCommerce app could be a very user-friendly approach for search options.

The users should be able to use their own keywords or phrases to discover a product. Moreover, you should include multiple search filters to improve the global search settings in your eCommerce platform. Even using random words related to the product should help them discover the product. Ultimately, more relevant searches would translate into better sales and increased revenue for your eCommerce marketplace.

8. Proper Product Categorization

When a user comes to your eCommerce platform, they don’t have much time to go through your entire product catalogue to find a product. Thus, it becomes important for eCommerce business owners to properly categorize all their products.

You should pay extra attention while listing the products on your platform. It would help the users to find the relevant. A mobile app development company can help you create sub-categorizes under primary categories to make the online shopping experience more organized. Furthermore, it would also help you build a more relevant recommendation system for your eCommerce mobile app.

Customers suggested with the most relevant items are more likely to spend more online shopping. Ultimately, categorizing the products properly on your eCommerce store brings long-term benefits for both users and your business.

9. Social Sharing Options

People like to share or get the opinion of others before making an online purchase decision. Thus, it would be if you include social sharing options in your eCommerce marketplace. The sharing feature creates short links that enable others to learn about your product listing or services. 

Social sharing creates amazing branding and marketing opportunities for eCommerce businesses. The sharing options can spread the word about your business like a wildfire. In fact, if people find the products interesting then they would share the products through any social media site or even SMS, email, etc.

10. Persuasive Wishlist

A Wishlist is a common feature of an eCommerce website or application. It allows the customers to save products for the future when they have finally made up their minds to buy them. However, with effective eCommerce app development, you can smartly use the Wishlist feature to launch custom marketing campaigns to encourage more sales and conversions. 

A Wishlist is just like a bookmark to save a specific product. Thus, you can use this feature to send the customers gentle reminders about exclusive deals on your online store. You can even add some interactive elements to the Wishlist to make them more attractive for the end users.

Technical Aspects That You Should Consider While Building an eCommerce Platform 

Building an eCommerce store would require extensive knowledge and technical skills. These are some of the most critical things that you need to consider in your eCommerce app development process;

  • The Right Domain Name: A mobile application would also need a supporting eCommerce website to work effectively. Thus, you have to choose the right domain name for your eCommerce platform. 
  • The Right eCommerce Technologies: You have to make the right choice between the tons of available eCommerce technologies. 
  • Hiring the Right Development Team: The skills and experience of the development team can also impact the final quality of your eCommerce store. 
  • Platform: Either you build a native application for each platform, or decide to go with a cross-platform app development approach. In fact, both approaches have their own benefits and drawbacks. 
  • Ensuring Compatibility: If you want a wider reach in the market, then you must ensure good compatibility even with the older devices. Moreover, your eCommerce platform must be scalable on devices with different screen sizes.
  • Continuous Support: you must ensure continuous technical support for your eCommerce mobile application to maintain and upgrade its features

How MobileCoderz Can Help You With eCommerce App Development? 

The majority of brick-and-mortar businesses have understood the importance of eCommerce app development. For this reason, they are investing in a prominent mobile app development company like MobileCoderz to build their custom eCommerce platform solutions. We have an extensive team of developers, designers, QA professionals, and project managers to develop robust, high-performance, reliable, and secure eCommerce solutions.

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How to Develop your eCommerce App for the Holiday Season? https://mobilecoderz.com/blog/how-to-develop-your-ecommerce-app-for-the-holiday-season/ https://mobilecoderz.com/blog/how-to-develop-your-ecommerce-app-for-the-holiday-season/#respond Fri, 01 Oct 2021 11:37:49 +0000 https://mobilecoderz.com/blog/?p=3448 The season of joy, love, laughter, happiness is round the corner!!   Marked by splendor occasions like Halloween, Black Friday, Thanksgiving, Hanukkah, Christmas, and New Year, cue the calendar of celebrations. People on the phone might have already started discussing the niceties of the forthcoming Holiday season. This is a ripe period for both offline […]

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The season of joy, love, laughter, happiness is round the corner!!

 

Marked by splendor occasions like Halloween, Black Friday, Thanksgiving, Hanukkah, Christmas, and New Year, cue the calendar of celebrations. People on the phone might have already started discussing the niceties of the forthcoming Holiday season. This is a ripe period for both offline and online retailers to ramp up the best sales. Do you have plans or strategies to boost your sales? Marvel with eCommerce app development during this holiday season!!

 

Outrageous discounts and sales would be the flavor of this season. All the player-big, small, and middle-scale businesses will leave no stones unturned to boost their revenue. 

 

eMarketer shares, eCommerce via mobile phones will boom in the US this year. This is because young shoppers are tech-savvy. According to the graph (displayed below), the trend of mCommerce sales has expanded exponentially. 

 

Hence, you need to implement alluring characteristics for your eCommerce apps. An e-Commerce app development company can help you with holiday-ready strategies and ideas. They will assist you to join the bandwagon where your eCommerce business app will be searched, installed, and shopped more at. 

 

Let us first understand why you should go for eCommerce app development during the holiday season!! Check the graph below:-

But it is highly disappointing that most eCommerce apps are deleted during the holiday season. As per the study by Alligatortek:

  • e-Commerce is the fourth in line to be the most deleted apps after AI, health, and productivity.
  • So once the user deletes the app, 62% rarely turn back to those apps and download it again.

 

So, it is high time that you as a retailer give great incentives for your users. As many individuals would be using mobile apps to place their orders. 

 

Don’t brainstorm your mind to think about the incentives at the last minute. You can give great discounts and deals in the form of a lucky draw. You can even give a bumper prize for unlocking the features like voice search and AR.

The Elementary Things That You Must Ponder Upon

So, before you develop your eCommerce apps, you must map your potential audience and the Operating System they are using. For example, the majority of the population loves using iOS phones followed by Android in the United States. 

 

Likewise, you must do local research about the audience where you have the plans to launch your app. Choose an experienced iOS app developer or hire an Android app developer from an established Android app development company. 

 

Here we have highlighted the best ways to develop your eCommerce apps for the holiday season:

Strategies for eCommerce App Development for The Holiday Season

  • Go by the vibe

Yes, you need to design your app according to the vibe of the holiday season. Make sure to go for an eCommerce app development that compels the customers towards your app. This denotes that you must certainly design holiday-specific categories. For instance, if your business offers the best quality diamond and gold jewelry then you must highlight it with special holiday discounts. 

 

Closely design your homepage. The best mobile app development company will provide customer-centric e-Commerce solutions in accordance with the holiday season. Without a doubt, we can say that your clients will be harmonized to use such eCommerce solution apps.

  • Implement features that give a holiday vibe

Features are the key elements that attract users to an eCommerce app. Hence, focus more on this while going for eCommerce app development. 

 

If you already have an eCommerce solution app, ensure to update the features. Hence, the users would be enforced to click on and purchase your product/ services. 

 

You must develop an eCommerce app for your users. If not, there won’t be any purpose for them to stopover. Therefore, do detailed user and market research.

 

Make a point to run the contest. It is an excellent approach to attract a user to your online store. The best eCommerce app development company will share great strategies for conversion rate optimization. This can help you bag maximum sales this holiday season.

  • Drive push notifications

This is yet another strategy that can help you earn maximum sales. Customers tend to go through the notifications on their smartphones. According to the sources, Push Notifications have raised the bar for promotions and sales.

 

To stay ahead of your competitors, you need to evolve with this strategy and grab maximum conversions. The holiday season will give you a great opportunity to establish yourself as a mobile-ready brand. You can hire the best eCommerce app development company and get detailed insight into this strategy. 

  • Plan the return policy today

Even though this can be a deadly thing for your business. There is no doubt that this can affect the profit margins and gut the conversion rates. Hence, a great threat to your business. 

 

So, before you hire the eCommerce mobile app development company, have a detailed plan of action with your team. 

  • Chatbots

You must certainly include it for your eCommerce app development. This conversational eCommerce solution has raised 8x times the conversion rate. Massive brands such as Pizza Hut, Starbucks, etc., have implemented this feature to have human-like and interactive conversations. 

 

So, make sure to hire an e-Commerce app development company that is adept with Chatbots. 

  • Improve the loading speed of the app

This is the first thing that you must concentrate on. Make sure to have a detailed discussion with the mobile app development company. 

 

The users will leave your app if your eCommerce solution app takes a long time to load. The best eCommerce app development company will ensure to optimize the content and implement lighter elements.  They will have knowledge about the holiday season spike. Thus, they will develop an eCommerce app that is interactive and user-friendly.

  • Videos

This is the recent trend that has spiked the attention of the user. So, why miss this for eCommerce app development this holiday season. The users might have questions related to your services or products. You can solve all their queries by using this feature. 

 

Ask the eCommerce app development company to display your best product/ services and feature them uniquely.

  • Simple controls for navigation

The best eCommerce app development companies will help your users to have a cakewalk experience while navigating through your app. They will use a distinct type of contextual analysis to improve the navigation.

 

So, get the best mobile app development services today and expand your conversion rate and customer base.

 

MobileCoderz Technologies is an ISO 9001:2015 certified and the best eCommerce app development company. Our procedure driven has helped us to earn a remarkable name in the global market. We are known for our agile methodology and quality measures for eCommerce app development

 

Our team is proficient to develop and launch industry-leading products. We are adept in working with advanced innovations like AR/VR, Blockchain, etc. Our professionals can help you launch business-driven eCommerce apps on different platforms. We offer:-

  1. web app development services
  2. iOS app development services
  3. Cross-platform development services
  4. Android app development services

Get in touch with us today and develop/ update your eCommerce apps at reasonable rates.

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How Much Does It Cost To Develop An eCommerce Mobile App? https://mobilecoderz.com/blog/how-much-does-it-cost-to-develop-an-ecommerce-mobile-app/ https://mobilecoderz.com/blog/how-much-does-it-cost-to-develop-an-ecommerce-mobile-app/#comments Thu, 27 May 2021 13:11:52 +0000 https://mobilecoderz.com/blog/?p=3036 The eCommerce market has seen another sphere, thanks to smartphones. This thriving sector has opened new opportunities for enthusiastic retailers. It has alike given another dimension to start-ups. Many have already started checking the cost to develop an eCommerce mobile app. It’s true that ever-changing requirements and intensifying completion can spoil the entire scenario. At […]

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The eCommerce market has seen another sphere, thanks to smartphones. This thriving sector has opened new opportunities for enthusiastic retailers. It has alike given another dimension to start-ups. Many have already started checking the cost to develop an eCommerce mobile app.

It’s true that ever-changing requirements and intensifying completion can spoil the entire scenario. At this stage, a feature-rich eCommerce app can give another dimension. 

How?

The retailers can gear the potentiality of mobile apps. This can meet the challenges in the best, efficient, and cost-effective way. Hence, it is essential to understand the cost to develop an eCommerce mobile app

To give you an ambiguous idea, let’s check some jaw-dropping projections.

1. As per reliable sources, 4.89 trillion USD is expected to grow by 2021. It clearly indicates that there is an expansion of this business that too at a multi-dimensional level.

2. Google’s research clearly indicated that more than 58% of users employ smartphones. This they use to compare the products and monitor the prices. This can help to make a quick purchasing decision. Many speculate that mobile phones play a huge role to share information. It can be regarding the discounts, offers, and deals.

develop an eCommerce mobile app

The Criteria That Decide Estimation Cost To Develop An eCommerce Mobile App

# Platform

You will come across the variant type of O.S It includes Android, iOS, etc. These platforms offer an approach to variable solutions. This will be from demographic variables. So, it is always wise to get in touch with adroit iOS or Android app development companies

As an enterprise owner, you must choose the platforms depending upon your potential audience. These platforms must also be chosen upon the types of apps. 

Below in this blog we have highlighted the types of apps, they are:-

  1. Native Mobile Apps: These apps can be installed as well as operated from anywhere. The best part is you do not need any internet connection for it’s working. A native app development company will offer you better insight. 
  2. Hybrid Mobile apps: These types of apps are enclosed with attributes of web-based and native mobile apps. Make sure you check popular listing platforms and check the ratings. It will help you to get the best hybrid app development services
  3. Web-Based Apps: It can only operate on hardware and requires an active network connection. Progressive web app development is earning a lot of prominence in the market. 

Out of them, native mobile apps are pretty costly in comparison to the other two types. But it offers superior functionalities.

It is always advisable to go for native app development because it guarantees the utmost utility. Hence, you can maximize the potential sale of your product/ services.

# Functionalities

The second main impetus stage that affects the cost to develop an eCommerce mobile app is functionalities. These functionalities are based upon technical specifications as well as coding.

# Design of Mobile Apps

Now this section talks about visuals. On average, the cost to develop this stage ranges somewhat between $2000-$30,000.It covers the price to design the icon, screen, etc. 

You do not have to invest much in Hybrid apps as compared to native apps. Again iOS platforms are comparatively costly to design. 

Let’s understand this more clearly in chronological order:-

Visual Design Cost

We just got the briefing above. Let us understand this more in detail:-

1. Cost to Develop Wireframe

This is the initial stage and one of the essential stages. The developers mainly focus on this stage for the process of development. You can term it as visual architecture that gives the first glimpse of your app. It will include the following:-

  1. Physical layouts
  2. Displaying the content
  3. Position of pages, etc. 

In short, you can claim it as the blueprint of your app. This is the vital step for the next step i.e Visual design.

It usually takes 1-2 hours to develop unique and creative screens. Again it usually depends upon the complexity and functionalities of each screen.

Total cost for wireframe design: ~$700 - $2000 (cost varies between regions)

2. Cost to Develop UI

Now, depending upon the wireframe from the previous stage, the designer works his magic. They will develop a UI that will change the overall charm of the mobile app. 

You must understand that an engaging interface is entitled to investment. Since human beings are inclined to visual appeal. Hence, a well-designed User Interface can play a new role. 

Literally, an average eCommerce app will take almost 87 hours. Now, we are talking about an app that does not have a complex or custom screen. A skilled eCommerce app development company based on experience can pitch to develop faster.

Total cost for UI design: ~$300 - $17,500 (cost varies between regions)

Source: SimiCart

3. Cost to Develop UX

It is an area where most developments skim. It majorly occurs in view of the budget. If you want to earn a huge RoI then you must certainly ignore this.  

You must understand an optimal UI plays a huge role. A properly designed UX app with a flawless flow will offer an effective and meaningful experience to the users. It will expand the rates to your app.

All the A-lister brands are investing more into this stage. 

Now, the design will take up to 200 hours. It relies on complexity to design an engaging UX for the apps. 

Total cost for UX design: ~$100 - $16,800 (cost varies between regions)

Source: SimiCart

Cost of eCommerce Mobile App Development

There are numerous factors that involve the cost estimation of eCommerce apps. Your app will be developed by a dedicated team. Now this team will include back developers, front-end developers, testing teams, etc. The actual costing is calculated upon the hours spent by the developers for developing apps.

app development hourly rate

1. Location of The Developer

The location of eCommerce developers for any platform such as iOS app development plays a huge role. If you hire eCommerce app developers wisely based on the location, you can save a huge on development cost.

pricing of eCommerce apps
Source: Mobindustry

2. Factors 

There are numerous factors that involve the pricing of eCommerce apps.  It depends upon the advanced functionalities you want to implement in your apps.

The basic app will have the following features:-

  1. Profile of the user
  2. User login
  3. Shopping cart
  4. Payment gateway
  5. Product/ service catalog
  6. Product/ Service search
  7. Order placing
  8. Process of checkout

Additional features that play their role in costing:-

  1. Push notifications
  2. Social integration
  3. Customer service
  4. Wish list button
  5. Reviews and feedback section

The time may vary somewhat between 600-900 hours.  The maximum cost may go up to $50,000. The price is quoted here for complex projects. The minimum cost may somewhat start from $12,000.

3. Deployment and Testing Cost

To ensure that everything operates smoothly, you must have an app that has run a series test. It will make sure that your app is the best and stable. You must ensure that your app is tested via performance management and advanced analytics. 

An expert may take from 40-500 hours. The maximum time is taken for complex logic.

Total cost for testing and deployment: ~$800 - $35,000

Source: SimiCart

4. Additional Cost

It includes legal and minor costs for the development of eCommerce apps. 

  • Costs for App Store

It will cost you registration, service, and subscription fee. This fee is for launching your app on the app store and play store. 

  • Maintenance and Updates

You must ensure to continuously update and invest in the maintenance of your app. Why? 

In the year 2016, Apple discarded over 50,000 apps. These apps did not support the latest releases and guidelines by iOS.

cost to develop an eCommerce mobile app

Do you want a similar denial for your investment

Regular updates and maintenance will increase the functionalities and stability of your app.

If you do fail to take this into account, it will lead to the recipe for disaster. 

Now, it is pretty hard to precisely talk about the maintenance and update cost. It may vary. Hence, you should keep a buffer. 

The app update will serve as the form of the best marketing strategy. It will help your user to identify that your brand is active. It will give an impression to the user that you are not going anywhere and here to stay. 

Are you finding all these stages complicated? Giving a second thought that you should not go for development?

If yes, then check some stats below:-

How much does it cost to develop an eCommerce mobile app

1. Opportunity for you and your brand.

Well, the bucket list does not end here

2. With the COVID-19 pandemic high on the rise many love to spend time at home. People are avoiding public places. In the region of the U.S, the sales improved from 4% in 2019.

cost to develop an eCommerce mobile app
Source: Apex Chat

3. Modern users love to use smartphones instead of desktops. In 2018 people started relying on mobile apps by 64.5%. As per the latest statistics, it is believed people currently are relying more on mobile apps. This, they have observed in comparison to mobile websites.

cost to develop an eCommerce mobile app
Source: Business Insider

So, don’t give a second thought, go for it!!

The cost-effective solution just for you!!

No doubt! You will certainly be looking for cost-effective solutions. It’s not just you, numerous business owners are wondering for the same.

Without any catches, there is certainly one-MobileCodez Technologies Pvt Ltd is a leading eCommerce app development company. We are a trusted eCommerce service provider. Our team ensures that every project we develop is of the utmost care and high quality. Our main aim is to give value-added services for your investment.

If you have an eCommerce app idea get in touch with us today!!

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7 Tips to Consider for E-commerce Mobile App Development https://mobilecoderz.com/blog/7-tips-to-consider-for-e-commerce-mobile-app-development/ https://mobilecoderz.com/blog/7-tips-to-consider-for-e-commerce-mobile-app-development/#respond Thu, 13 Jun 2019 13:46:14 +0000 https://mobilecoderz.com/?p=1285 Mobile shopping is no longer a myth. It is exploding! Retailers use it like there’s no tomorrow. Ukraine is world’s one of top-5 nations tapping mobile shopping experience. Japan is already using mobile contactless payment technology. IKEA, world’s biggest furniture retailer is going digital by shifting its business model from conventional brick-and-mortar stores. And Google […]

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Mobile shopping is no longer a myth. It is exploding!

Retailers use it like there’s no tomorrow. Ukraine is world’s one of top-5 nations tapping mobile shopping experience. Japan is already using mobile contactless payment technology. IKEA, world’s biggest furniture retailer is going digital by shifting its business model from conventional brick-and-mortar stores.

And Google is already targeting mobile shopping experience.

The rapid advancement in e-commerce and online shopping sectors proves one thing very unequivocally, that people indulge in online shopping like second nature.

And mobile e-commerce is certainly ruling the roost, in this context. Not only it transcends convenience for shoppers, freebies as discount offers and other perks are like joy redefined.

This STATISTA pictorial detail clearly indicates mobile e-commerce to be on further growth trajectory, based on its estimated sales figure globally.

The above facts and evidences clearly substantiate that brands disregarding mobile eCommerce opportunity will not make it for long in their business compared to their counterparts already taping the opportunity by embracing mobile app development technology.

So if you are considering the development of e-commerce mobile app, there are, however, few tips you must consider beforehand. And trust us; they are the golden nuggets for your future venture in e-commerce mobile app development.

E-Commerce Mobile App Development – 7 Tips to Consider

Tip #1 Intuitive UI/UX Design

Efficient User Experience (UX) and User Interface (UI) design play a powerful role in mobile app development. If blended in perfect cohesion, not only the aesthetic appeal of the app but overall navigation property would allow the mobile app to be more interactive, pleasurable user-interface.

The intuitive design of your mobile app is what impresses/depresses your users, depending on its make. For instance, badly designed interface cuts short the attention span of your users on your mobile app.

Design riddled with numerous texts and graphical components produces clumsy, graceless appearance. Don’t go for such a complicated design. The more you bring inputs straight to the point, the better the design looks.

Tip #2 Stunning Imagery

Humans naturally get drawn to anything stunningly beautiful. And what better than beautiful images that put the adage – “A picture is worth a thousand words” – into reality!

Our brain, for example, is more accommodating to perceiving visual images, say 90% pictorial visual data our brain perceives.

Point being – to convince customer into deciding to choose your app for mobile shopping, beautiful and relevant imagery plays an incremental role. It pays off handsomely in the long term.

Salient Benefits Of Stunning Imagery In A Mobile App

  • A powerful medium to capture user’s attention.
  • Lays a differential line between products.
  • Pictorial elaboration of a product is more understandable than what’s textually conveyed.
  • No language barrier for understanding a concept portrayed in images. For example, even a person not knowing English can understand the picture of a flower.
  • Imagery well-integrated to design brings your app to life.

Tip #3 Seamless Navigation

Navigation property of your mobile app carries much importance as it can convince or dissuade your customers from making a purchasing decision.

Inappropriate, non-logical navigation is worth-avoiding. Instead focus on something well-structured, intuitive navigation enabling your users to seamlessly visit relevant screens and interact with right elements.

From the experience of any mobile shopper, you can gain insight as to what makes a good shopping experience and he/she will tell you seamless navigation is one of them.

This explains as to why Flipkart and Amazon are the two biggest mobile e-commerce giants in the Indian market today. The apps of these e-commerce players contain all vital elements, including seamless navigation contributing surge in online shopping of their users.

Tip #4 Safety & Security

With the cyber-threats increasing ominously worldwide, customer data protection requires immediate attention, something mobile app development company must consider seriously. This is where you, as an e-commerce store owner must ensure that your app has iron-clad security safeguarding sensitive information of your customers like their debit/credit card numbers and other data of crucial nature.

Mobile app development is a delicate process, something explaining the necessity of having your requirements tendered by a professional company that has requisite expertise and accreditation in matters associated with mobile app security.

Your mobile app must use the secure code, encrypted data, authorized API, high-level authentication, proper session management, and efficient cryptography tools and techniques. To ensure the security of your app is not susceptible to any threat, repeatedly test your app in compliance with changing security aspects.

Mobile App Security – Benefits

  • Safety against mission-critical and sensitive business data.
  • Protection against identity theft, unauthorized access to data by hackers.
  • Wins the trust of your customers, believing shopping using your app won’t compromise their sensitive information, a big reason to boost download counts of your app and its rating by users.

Tip #5 Seamless Checkout Process

Seamless checkout is one of the most important aspects of mobile app development process. Unfortunately this is where most developers fail to understand that users don’t like getting caught in absurd navigation leading to dead-end.

Meaning, your users, after adding their orders to the shopping cart, want to check out to complete the purchase. What if they are asked something nonsensical and irrelevant than being ushered to complete the transaction against the order? In that case, do you think your app will retain the user?

Make sure your app has a seamless checkout process and can navigate the user back to the payment processor. Let them complete the order.

This sounds like driving back home after a long drive.

Tip #6 Add VR Feature

Virtual Reality (VR) technology is known for its immersive learning experience, enhanced business efficiency and unbeatable virtual experience to users. In your mobile app, VR feature can simply transcend the excitement and fervor of shopping of users. Moreover, the feature will give “innovative” touch to your app, enticing users with an excellent shopping experience.

Tip #7 Out of Box Thinking

What unique feature can you bring to your app that other market players fail to even think of?

In the era of the highly competitive e-commerce market, a brand relying on the conventional theory of promotion and marketing its products will soon fade into oblivion. They lose customers and their loyalty.

You need something creatively unique!

Though the point may suggest not relevant to the mobile app development process, any unique concept thought out of the box can bring forth a revolutionary change to your mobile app business.

Other Honorable Mentions

  • Geo-fence your mobile app for location-based marketing using GPS, Bluetooth to market properly.
  • Read market research report for better insight about competitor strategy and other inputs essential to help you optimize your app accordingly.
  • Identify your target audiences and how you can add value to their lives.
  • Choose the right platform to deploy your business mobile app i.e. Android, iOS, or Windows.
  • Mobile app development costs budget, apart from knowledge and planning. Make sure you are familiar with your financial capacity and other resources to be used in the mobile app development process.
  • Have a great marketing strategy in place. Most mobile apps don’t come to the knowledge of target users due to lack of hard-hitting and efficient marketing campaigns.

Wrapping it up

The importance of mobile application is unquestionable. In a Google-conducted report in 2016, it revealed 58% smartphone users used their devices for monitoring prices, offers, and discounts, plus checking reviews, and shopping.

For every e-commerce business owner in the world, mobile apps hold significant values for profiting their business model. It brings to you loyal customers, as predicted by Adobe saying 67% online shoppers chose mobile apps of their favorite brands/companies to make purchases.

Mobile shopping is on rising because content in-app loads faster than the website, thus giving users hassle-free shopping experience.

Besides, improved usability, higher user engagement rate, and seamless digital transaction are some of the greatest features mobile apps facilitate for shoppers, which is what MobileCoderz brings on to the table. We marvel at our ever-expanding reputation as a top-notch e-commerce app development company creating stellar, cogent, and performance-powerful e-commerce apps containing intuitive design, user-interface, powerful and seamless navigation, and security-featured elements. What e-commerce mobile apps we design and develop stand quite symmetrical to your specifications and core competency of your business requirements.

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