Cost to build an e-commerce mobile application

1. How much does it cost to build an e-commerce mobile application? E-commerce the name itself tells - trading electronically. Information and Communication (ICT) and Electronic Funds transfer (EFT) are playing a vital role in making exchange between business professionals to customers and organization to organization. As e-commerce is growing and clasps millions of customers, it becomes a powerful tool to nurture the business growth. It’s exaggerating. Today, the whole world is conjoined to the mobile clicks. Mobile becomes the major touch point to reach customers. Yes, the apps are changing our way of purchasing, ordering foods, travelling and communicating with each other. Everything delivers in a footstep with just few clicks. A recent survey stating that the people spend 85% of their time in smart phones using apps. Hence, the retailers are spending money on building apps to reach customers at global level.

2. Why do business organizations needs mobile e-commerce application? Visibility: Product Visibility is much more important for the e-commerce business. And, that too for mobile applications, make the visibility as much possible while onset of app design. Customer Engagement: Mobile applications will give better enrichment than the websites. Push Notifications, and accessibility of applications in single tap are convenient in mobile applications rather than going typing in website. Accessibility: Customers can buy and sale goods based on their time of convenience. Business people will get profited around the clock. Market Incomparability: The more value we offered, the more we stance out as the supreme to their problems. Increase of customer attainment will seize larger share profits in market. Requirements of e-commerce application

3. Aesthetic: For any e-commerce mobile application, aesthetic must be top-notch. Design is not lies in looks but also how it’s functioning. Security: E-commerce application should be highly secured as the customers were sharing their bank information. Lack of security will affects the reputation. Stability: Stability is crucial factor for any mobile application. Bug fixing and making release updates would make the mobile application more stable. Speed: Mobile application should respond user’s action instantly. Time delays should be avoided to the least to guarantee best user experience. Payment Components of the e-commerce apps Payment gateway integration is key concept in developing e-commerce apps because it can provide secure path to the customers for payment. Payment gateway encrypts the data and super visioning the connection to payment processor. After integrating the payment gateway, payment processor must be the second component. Payment processing should works impeccable. Such component should be taken much care while testing.

4. Developing an e-commerce mobile app Generally, the development process might take 1300-1600 hrs. Time would depend on the features that we are going to enhance and complexity. As each and every functionality effects the end-cost, development process should be planned well to avoid extra cost-cutting. Platform: Platform selection is one of the most important requisite in developing applications. Second, we need to decide whether it is going to be developed on hybrid platform or native. Native App which will work either iOS or Android and it would be available in Playstore. Native applications will give the ultimate experience among users which meant for complexity. If you want to develop your e-commerce mobile app in hybrid, you have to go much more complication steps to develop as it is written in one language. It cannot be functioned like a native app. Whatever we choose, it is just the major move towards competitive world. Features: Next to the platform decision, features should be decided. Apart from building payment cart, favorites, featured products and Category filters, there must be added features we should think through. 1. Push Notifications: A best solution is to engage with the customers. Mobile Application with push notifications will have high user engagement rates. 2. Dashboard: Dashboard should be designed in such a way to display the count of app downloads, user behavior patterns, and the revenues results achieved from the application. 3/. Real-time Synchronization: This feature helps the web inventory to be in synch with the e-commerce mobile application. 4. Security: Design the mobile application which is using https APIs to be secure. Each and every part of application requires certain amount of time to develop. Total development process should take 1500-2000 hrs, depend on the features added and complexity.

5. Total effort hours for design is around 2 weeks and the development is around 5 weeks including testing. Estimated cost for an App on one platform with back end ranges from $250,000 to $350,000. Cost to build e-commerce app depends on hour-rating. If we are spending $15 per hour, then the price for full development cost will reach around $200,000. Conclusion: Building an e-commerce mobile application is on-going business for large and small organizations. Mobile applications will always attracts users rather than the web applications and increases sales revenues in market growth. We Ignovate, work with large team of experts to develop mobile applications that will gain you massive profit share and customers in the market.