The era of COVID has raised the demand for online services, and as a result, multiple business sectors have seen a hike in revenue and profit. E-commerce is one of them, as most store owners have switched their businesses online via e-commerce app development. Making an online purchase through e-commerce applications has become a norm and convenient shopping option for people. Due to this ever-rising demand, businesses plan to build eCommerce apps for their stores.
As per Statista, mobile e-commerce was around $148 billion in 2018, which will cross $432 billion in the coming time. With these hiked figures, you might probably be thinking of developing progressive web apps for an eCommerce store. Right? If the answer is yes, continue reading this blog. It will guide you through the process of developing an e-commerce application in 2022.
Ecommerce Application Current Market Statistics
Businesses planning to build eCommerce apps should tighten their belt to fly high in the coming time. Yes, you read it right! The following market statistics will let you know the hype of e-commerce applications in today’s time.
● Statista says mobile e-commerce revenue was $21.2 billion in the US in 2021. The revenue is expected to surpass $400 billion by 2024, which is almost double.
● Around 72.5% of US people own a smartphone and use it at least once a month. It raises the chances of increased visibility of e-commerce businesses among people in the US and other regions.
● In 2020, retail e-commerce sales globally reached $4.28 trillion, and the general revenue is expected to grow this year, i.e., 2022.
● Russia is the second-largest region after the United States for using e-commerce applications.
● In the past few months, more than 75% of people used smartphones to buy products or services online.
● Research predicts that more than 80% of users check online e-commerce websites or applications before using any product or service.
With this trending e-commerce app market overview, you might surely have changed your mind and are planning to build eCommerce app. If yes, then continue reading.
What Is E-commerce App Development?
E-commerce applications refer to multiple shopping cart programs and other software that incorporates payment options as plug-ins or entire website applications. Mobile e-commerce applications are simply an extension of e-commerce. Popular e-commerce apps like eBay and Amazon have already driven the online market. As a result, businesses are looking for eCommerce development company professionals to build an e-commerce app.
Businesses or stores have different needs and requirements, which can only be fulfilled by developing different types of e-commerce applications. Want to know what are they? Read the succeeding section!
Different Types of E-commerce Applications
E-commerce applications can be classified in multiple ways, but here we have divided the mobile commerce app into four different types, as discussed below.
1. B2B (Business-to-Business)
A business-to-business e-commerce application promotes the exchange of goods and services between two businesses. The products sold using the B2B app become raw materials for another industry. So, if you plan to sell your product to other businesses, this e-commerce app is best suitable for you.
Examples of B2B E-commerce Apps
● Amazon Business
2. B2C (Business-to-Consumer)
Business owners use business-to-consumer e-commerce applications to sell products and services directly to consumers online. In such types of applications, sales happen directly through the application panel. Also, B2C e-commerce/online marketplace development provides direct product access to consumers, whereas retailers might limit the stock depending on availability.
Examples of B2C E-commerce Apps
3. C2C (Consumer-to-Consumer)
Consumer-to-consumer e-commerce application allows consumers to trade their products online with one another. Here, all the transactions are carried out via third-party platforms. In addition, such e-commerce applications contain online auctions and classified advertisements.
Examples of C2C E-commerce Apps
4. C2B (Consumer-to-Business)
Consumer-to-business e-commerce applications promote transactions between individual customers, government authorities, or public administrations. While using C2B applications or e-commerce marketplace development, consumers can use e-commerce and methods to do transactions for multiple industries.
Examples of C2B E-commerce Apps
These are the four popular types of e-commerce applications that businesses can opt for ho are planning to build eCommerce apps in 2022 and beyond. Along with choosing the right type of app to develop, knowing the complete e-commerce app development process is also crucial.
7 Steps Process to Build Ecommerce App
Want to build a result-driven e-commerce app for your small commerce store? Don’t know the app development process? Don’t panic and refer to the step-by-step app development that could also be used for e-commerce website development. So, let’s begin the process.
Step 1 – Conduct Market Research
Conducting in-depth market research must gather useful information about e-commerce competitors and develop a competitive business application. It is a very obvious fact that to beat your competitor, you must know them and identify the loopholes their application contains. After that, you will be able to craft a winning e-commerce application overcoming all the existing loopholes and grabbing the users’ attention at first glance.
Even the top online shopping app development company professionals follow this before stepping into the development process.
Step 2 – Define Business Goals
Once you are done with the research, start defining your business goals on a piece of paper. It is a crucial step in the eCommerce app development process as it will help you smoothen the process. Before developing any business app, it is crucial to know –
- Why do you want to develop the application?
- What are your future goals?
- How will you drive profit from it?
- Who will use your e-commerce application?
Getting an answer to all these questions will make the online marketplace development process easier and help you achieve success.
Step 3 – Choose the Right Platform
Before you decide on the development platform for your e-commerce application, know the ins and outs of your e-commerce business. Also, keep an eye on the development cost, CMS, inventory, database, and scalable framework to make the right decision. With all this information in hand, it will become easier for you to launch a working e-commerce mobile app that will earn you more profit in less time.
Follow the same process either you hire eCommerce developers or make an application on your own.
Step 4 – Think of Appealing UX/UI
Like any other function, an appealing design is a must to grab the users’ eyeball and make your e-commerce app interesting to navigate. Make sure the users’ e-commerce applications experience goes beyond shopping, which could only be possible with interactive UX/UI. A perfect design could become noise for your e-commerce business, so focus on it.
When you finalize an e-commerce app development company, make sure they have a team of dedicated designers, developers, and testers, as each of them plays a crucial behind your application’s success.
Step 5 – Pick Unique App Features
Features are one of the crucial elements of any mobile app development process. An application without unique features is nothing more than a basic services app. Today, there are myriad e-commerce businesses, and each of them has an e-commerce app, so how will you make your application stand out? Unique features could be the best bet to make your application outshine.
So, conduct proper research to analyze existing applications’ features and then include them when you build an e-commerce app.
Step 6 – Develop E-commerce App
When you are done with all the five steps mentioned above, now is the right time to create the perfect shopping app. Here, you can utilize all the information gathered during research and build an e-commerce app that brings you more revenue and profit. In addition, you can hire dedicated eCommerce developers from a leading organization for better and assured results.
The developer you will hire will decide the e-commerce app development cost to a great extent, so be careful while choosing development professionals.
Step 7 – Conduct Testing & Launch
Finally, after successfully completing the e-commerce application, carefully test the app to eliminate all the errors and bugs before launching. It would be advisable to eliminate the bugs before users encounter them and help you easily launch your app on the Google Play Store or App Store. Also, ask the e-commerce app development professionals about the cost of launch and maintenance.
It is a seven-step process that businesses can follow to build eCommerce app that doubles the profit in no time. So, along with focusing on the development steps, insert the right set of features and tech stack in your e-commerce app.
Top 10 Unique E-commerce App Features You Shouldn’t Miss
Want to take your e-commerce app to heights and generate more profit through it? Insert the right set of features during e-commerce marketplace development. Want to know those features? Refer to the following features.
1. Simple Registration
None of the users prefers to use an application with a lengthy sign-up or registration process. So, make sure to keep the e-commerce application process as simple as possible. You can also leverage social media integrations into your app like eBay to allow the users to easily sign up on the e-commerce app.
2. Advanced Search & Filter
As you are developing an e-commerce application, so there should be an advanced search and filter option to enable users to find the products they need. It further increases user satisfaction and app usage which results in better business profit. This is one of the key reasons why e-commerce app development services experts insert such features while developing an e-commerce app.
3. Accurate Real-time Tracking
To help your e-commerce app users to accurately track the products and services online, there should be a real-time tracking feature. You can employ modern-age tools and technologies to make your eCommerce website development or app development process unique from the rest.
4. Loyalty Programs
Not every e-commerce service provider gives loyalty programs, offers, and rewards to their users. Agree or not? So, if you want to keep the users engaged with your e-commerce application, you shouldn’t miss this feature. Provide timely discounts to the online store users so that they keep using your e-c0mmerce app and in turn, you will be able to generate better revenue.
5. Seamless Checkout Process
Similar to an easy sign-up, the checkout process should be seamless. It eliminates the chances of users returning from the checkout process. This could be possible with hi-tech tools and technologies. So, make sure to insert the best tech stack while working on e-commerce app development. This is an application for android app development, iOS app development, and other types of development as well.
6. Attractive Product Gallery
An e-commerce application’s product page is incomplete without a product gallery. That’s why inserting this feature during eCommerce web development and app development is a must. A proper product gallery makes it easier for the customers to view products and make a purchase decision accordingly. It also increases your e-commerce store’s authenticity and in turn results in user satisfaction.
7. Multiple Payment Options
Different users prefer different modes of payment while availing of online e-commerce services. So, do not restrict your e-commerce application to a single payment mode, instead, allow users to pay via – credit card, debit card, internet banking, UPI, and more. So, when you hire web developers or e-commerce app developers, ask them to insert such features into your business application.
8. Offline Mode
Popular e-commerce apps like eBay or Amazon do not allow users to access the application in an offline mode. Right? But, this is quite unfair. Don’t you think so? So, why not do something unique to keep your e-commerce application running in an offline mode. Well, you can allow the app users to at least view the products downloaded in the background of an app.
9. Proper Navigation
In this busy and modern-day world, no user will prefer to navigate an e-commerce application for the past 15 minutes just to buy a single product. Right? That’s why ensuring proper and easy navigation of an e-commerce application is crucial. Of course, only an experienced person can do this, so if you have a team, you can do it yourself. If not, you can hire dedicated e-commerce developers for your project.
10. Ratings & Feedback
Finally, this is a crucial feature of all types of mobile app development, including an e-commerce application. Getting timely feedback and review is necessary for businesses to know the users’ perspectives and make changes accordingly. It will help you improve your e-commerce app and make it a success within less time.
These are the top 10 e-commerce app development features that every business owner should know before they build eCommerce apps. Knowing all of the features mentioned above would be a growth-driven factor for businesses.
Latest Tech Stacks for E-commerce App Development
The technologies you include during e-commerce app development or website development greatly impact the application’s success. So, if you are new to the business world and unaware of the tech stacks to include while developing e-commerce apps, refer to the table highlighted below.
|Utilities||Twilio, PayPal, Keen, Flurry, User Testing|
|DevOps||GitHub, Kubernetes, Git, Docker, Jenkins|
|Business Tools||WordPress, G Suite, Microsoft Office 365, Amazon Workspaces|
This is a set of the best tech stack that you should follow to build eCommerce apps and make your app successful in the coming time.
How Much Does Ecommerce App Development Cost?
An average e-commerce app development cost is around $40,000 to $60,000, depending on the type of e-commerce app. It is just an idea of the basic application with generic features and functionalities. The cost might be high if you want to add advanced features and functionalities. Other than this, some essential factors contribute a significant part in increasing or decreasing the cost to develop an e-commerce app, such as –
● Development Platform
● Time & Efforts
● Tech Stack
You will only be able to get an exact cost once you have the complete development requirement in hand.
Today, e-commerce app development is experiencing a significant boom and has given a golden opportunity for all-scale businesses to bring their business online and double their sales and profit. With this blog, you might have become well-versed with ‘How to build eCommerce app in 2022?’ along with the best features and tech stacks to include in the application. So, it is high time to tighten your belt and step into the e-commerce app development process.
Also, suppose you can’t develop an app on your own. In that case, it is advisable to hire leading eCommerce app development company professionals with dedicated developers who can create a successful app for you. Dev Technosys could be a one-stop destination for you. We have been in the development market for over the past 10+ years and can create all types of e-commerce applications for you. So just drop your requirements and leave the rest to us.