Do you want to develop an eCommerce app like Amazon or Noon to rule the world of the eCommerce landscape and generate handsome revenues? Yes? You are at the right place.
According to Meticulous Research, the market will earn a valuation of $24.3 trillion by 2025 at a CAGR of 11.2%.
These figures cite that the prospect of building an eCommerce app is lucrative. This is why retail businesses are investing their finances in shopping app development. With the process being exhaustive, one needs to make sure that one performs this with utmost passion. Alongside this; focus on the cost to develop an eCommerce app.
With 2023 here; it becomes even more relevant that you have an app presence and while doing so you keep your budget in check.
As you read this guide; you will get educated on the areas that get taken into consideration when doing the calculation of developing the eCommerce platform. This will make your app development journey memorable.
Factors to Consider to Calculate eCommerce App Development Cost
There are a diverse array of factors that you need to consider when you wish to calculate the cost to build an eCommerce app like Amazon or Noon.
First and foremost, the features are an extremely important aspect that you need to take into focus to determine the budget you want to allocate. In the pointers below, I have listed down the features that are typical in all eCommerce platforms. This is something that will aid you to keep your budget in check.
Social media login
The advanced search filter to make the item shopping process easy and convenient.
Payment gateway to streamline the order payment process.
Wishlist to aid the customer to create a checklist of items they would want to shop for later.
Add to cart.
This is another aspect that becomes extremely important to place focus on when it comes to determining the finances for allocating for shopping app development. This is where it is recommended to work towards maintaining a user-friendly design so that in the future you need not have to spend much.
Location of an App Development Company
Location is very important to check when it comes to creating an app. For instance:
In Canada and USA, the developers charge $50 to $250 per hour.
In Eastern Europe, the charges are between $50 to $150.
In India, the developers charge $20 to $60.
Knowing the charges based on location, it is important to note that one needs to also hire an eCommerce team so the entire project development process remains transparent.
Estimated Cost to Develop an eCommerce App
As you read above, I have highlighted the aspects that get taken into focus when building an eCommerce app. It is vital now we have an idea of the estimated budget for this.
According to research conducted by GoodFirm, the budget that is to be allocated for shopping app development will be in the range of $15,000 to $25,000 for a basic app.
Note: If you develop a simple app with basic features, the cost of building will be less. On the other hand, the cost to develop an eCommerce app that is complex, and has a magnanimous range of features will be more.
How to Develop eCommerce App like Amazon?
Amazon has revolutionized the eCommerce marketplace completely. With over 300+ million users, alongside making deliveries possible in over 100 countries globally, the platform has enticed the attention of those planning to build a strong presence in the eCommerce sphere.
In case you want to develop multi-vendor marketplace app like amazon, check out these points.
Conduct market research by outsourcing the services for shopping app development to gain insight if the app idea you conceive can be brought to fruition.
Ideate an app design strategy that can captivate maximum users and boost the level of user engagement.
Choose features that make shopping, purchase, payments, etc. take place swiftly through the eCommerce platform.
Select appropriate technologies that can make your eCommerce app like Amazon function swiftly and ensure issues such as crashes do not occur.
Get In Touch With a Reliable eCommerce App Development Company
To ensure that your costs remain in check when you develop an eCommerce app like Amazon; partner with a trusted eCommerce app development services provider company. Check the portfolio of the organization; followed by examining their client reviews. Once you have corroborated these aspects in detail and are sure the organization is good enough to go ahead with them.
Living in the digital age where a strong app presence is crucial for survival, the retail business also needs it. If you run one, connect with an eCommerce app development company offshore. Through their expertise in custom shopping app development, they will build a solution that keeps your budget in check. This will ensure you can focus on the business aspect only.
Guest article written by: I am a project coordinator at XongoLab Technologies, a reputed mobile app development company specializing in building Android and iOS applications. As a hobby, I love to write informative articles and share my knowledge through content marketing.