The COVID-19 pandemic has accelerated the shift toward online shopping, further increasing the demand for e-commerce apps. The E-commerce apps make it possible for customers to shop anytime, anywhere, making it a convenient and accessible option for busy people. More and more customers are using their smartphones and tablets for shopping, making it important for businesses to develop mobile-friendly e-commerce apps.
As the use of mobile phones and devices like tablets and laptops increased, so did the economic value offered by developing operating system-friendly applications.
Bangalore’s thriving technology industry and talented pool of software developers have made the city a popular location for e-commerce app development.
The city has a reputation for producing high-quality software and has a large number of skilled developers with experience in creating e-commerce apps.
Additionally, the cost of development is often lower in Bangalore compared to other countries, making it an attractive option for businesses looking to outsource their e-commerce app development.
With the most pressing question being how much it cost to build an e-commerce app in Bangalore, this blog will assist you with essential considerations that must be kept in mind when selecting to augment an e-commerce business and website with an app.
What is an e-commerce app?
An e-commerce app is a mobile application that allows users to buy and sell goods and services online. E-commerce apps typically have features such as product catalogs, shopping carts, payment processing, and order tracking. These apps provide a convenient and accessible way for customers to shop from their mobile devices and offer a personalized shopping experience. The apps also provide your business with a new platform to reach a larger customer base and increase sales and revenue. The growing popularity of online shopping and the increased use of mobile devices for shopping has led to a rise in demand for e-commerce apps.
Interesting Market stats of E-commerce app development in India
The market for e-commerce app development in India has been growing rapidly in recent years, driven by the increasing popularity of online shopping and the growing use of mobile devices for shopping. According to recent market research:
The e-commerce market in India is expected to reach $200 billion by 2026, up from $38.5 billion in 2017.
The number of mobile e-commerce users in India is expected to reach 220 million by 2025, up from 121 million in 2018.
The Indian e-commerce market is expected to grow at a compound annual growth rate (CAGR) of 33.8% from 2020 to 2027.
The online retail market in India is expected to reach $73 billion by 2023, up from $24 billion in 2019.
These statistics show the rapid growth of the e-commerce market in India and the growing demand for e-commerce app development in the country. The trend is expected to continue in the coming years, with the market for e-commerce apps expected to remain strong in India.
Why does your Business need to Have an eCommerce app?
1. Direct-to-Customer Marketing Channel
Customers are now constantly associated with brands because of mobile devices. These mobile gadgets have also altered the way we connect with brands, gather information, and shop. Customers are increasingly adopting mobile devices to shop, and firms must incorporate these gadgets into their marketing plans. This helps to change the way customers interact with brands.
To capitalize on the potential of connected customers, organizations must provide regular and consistent interaction through mobile eCommerce. The mobile commerce app not only allows users to stay connected with the business, but it can also be utilized to successfully distribute promotions, offers, and coupons to customers.
2. Improved Customer Experience
Customers today expect a tailored and consistent experience throughout their relationship with a business. And that is not possible if your primary channel of communication with your clients is your website. If you want customers to keep coming back to your brand, mobile apps can help.
You can obtain vital data about your users by combining the capabilities of upcoming technologies such as Artificial Intelligence, Machine Learning, AR & VR in a Mobile eCommerce App.
3. Brand Recognition
Increased brand visibility is one of the most significant benefits of mobile commerce and a compelling incentive to invest in Mobile eCommerce App development.
Because most customers spend hours on their mobile devices, firms may easily connect with them by using a mobile e-commerce platform. However, a company must provide a high-quality mobile app experience that people enjoy. Because users become agitated quickly on small screens, and according to Statista, 32% of app users delete an app if it is difficult to use, resulting in poor UX.
As a result, combine clever branding strategies with stunning UI/UX designs to leave a lasting impression on mobile customers. Furthermore, in order to increase the effectiveness of your eCommerce app branding, you must respond to all of your consumers’ inquiries.
The more the brand understands its customers, the better it will be at addressing their concerns.
4. Customer Loyalty
Brands rely heavily on mobile apps to connect with their customers. Businesses no longer choose roadside banners, website banners, billboards, Facebook/newspaper ads, or email marketing to influence clients. Presently, mobile eCommerce apps going to save businesses as it aids firms in knowing their clients better by keeping closer to them with just a ‘finger tap’.
Customers spend the majority of their time on mobile applications, so make sure your business provides product details, and contact information, and encourages them to buy. Here are some ways a mobile eCommerce app can help you increase client loyalty:
- A constant brand value is maintained by maintaining a consistent style and layout on a mobile platform that customers can rely on.
- Giving your consumers a personalized experience by offering prioritized features and relevant suggestions based on their searches and purchases.
- Use push notifications to connect with your consumers about specials and special offers, or to notify them when things are back in stock.
- You can encourage your consumers to return by implementing loyalty programs such as discounts, incentives, bonuses, or new collections.
Must-Have Features in Your Ecommerce app
When creating an e-commerce app in Bangalore, it is critical to incorporate a variety of features that allow customers to have a full and seamless buying experience. Some important factors to consider are:
User Accounts:
Customers can create and maintain their own user accounts, which include features like saved shipping and payment information, order history, and wishlists.
Product Search and Filtering:
A robust product search and filtering engine that allows customers to locate what they’re looking for easily, with the ability to sort by category, price, brand, and other relevant factors.
Product Specifications and Images:
Product descriptions, specifications, and customer reviews help people make informed purchasing decisions by providing detailed product information and high-quality photographs.
Shopping cart:
A shopping cart that allows users to add and remove things, view the total cost and check out.
Payment Gateway Integration:
Integration with a variety of payment gateways, such as credit and debit cards, net banking, mobile wallets, and other common payment methods, to give a smooth and secure checkout experience.
Push Notifications:
Customers can receive push notifications on the progress of their orders, new arrivals, specials, and other pertinent information.
Order Tracking:
A real-time order tracking system that gives customers real-time updates on the status of their purchases from the time they are placed until they are delivered.
Customer Reviews and Ratings:
A system for customers to offer product reviews and ratings, allowing other users to make more educated purchasing decisions.
Customer Support:
A comprehensive customer care system that includes live chat, email, and phone support to assist consumers with any inquiries or problems they may encounter.
Personalized Recommendations:
An AI-powered recommendation engine that provides customers with individualized product recommendations based on their browsing and purchasing history.
These are some of the best features to have in an e-commerce app to provide consumers with a comprehensive and seamless buying experience. By implementing these features, businesses can help assure the success of their e-commerce app and generate development and success.
Advanced features to Include in Ecommerce app
Businesses can integrate advanced features in addition to conventional functions to make their e-commerce app stand out and deliver a unique and differentiated user experience. Consider the following advanced features:
AR (Augmented Reality):
AR technology will be used to provide users with an immersive shopping experience, allowing them to virtually try on garments and see how furniture might look in their homes, among other things.
Voice Search:
A voice-powered search technology that allows users to locate what they’re looking for without having to type or browse through menus.
Social Login:
A system that allows users to log in using their social media profiles, making the sign-up process faster and easier.
Image Recognition:
Customers can utilize image recognition technology to take a photo of a product and immediately find it on the app, or they can use the camera to scan barcodes for rapid product information and purchase.
Chatbot:
A chatbot to provide customers with instant support and assistance, including product recommendations, order tracking, and more.
Virtual Reality (VR):
VR technology provides customers with a fully immersive shopping experience, allowing them to explore products in a virtual environment.
Real-Time Inventory Management:
A real-time inventory management system that provides clients with up-to-date product availability information while preventing over-selling.
Businesses can design a highly differentiated and inventive e-commerce app that provides a unique and engaging buying experience for customers by including these sophisticated features.
What is the Process to Build an Ecommerce Mobile app?
Step 1: Research
At Oaktree software we are product nerds. That is why we prioritized research. We undertake competition research and user interviews, which are critical for assessing the behavior and trends of the target audience. It also aids in the selection of the best app platform and feature set for our target audience.
Step 2: Establish Your Objectives
Setting goals for your organization is the core of eCommerce mobile app development. Here are three questions to ask to help you create your goals:
What issues am I attempting to address?
Who am I trying to market the products to?
How can I tell whether it’s a success?
Step 3: Select the Best Platform
We recommend that you learn the ins and outs of your company before choosing on a technology to use for eCommerce application development. Keep an eye on the development costs and inventory while choosing a CMS, database, and scalable framework.
With this information in hand, you can easily determine whether to launch an Android app, an iOS app, or both. It goes without saying that you must target the mobile platform on which your target audience is active.
A strong technical foundation is required to turn a remarkable idea into a profitable product. By tech stack, we mean a collection of components such as:
Frontend (app interface); Backend (server processing); Development (platform with libraries and interfaces); Supporting (technology that ensures app security and performance).
For example, when developing an Android eCommerce app, consider:
Programming Language (Objective-C or Swift); IOS Mobile Development Tools (XCode, AppCode); UI Frameworks (UIKIt or SwiftUI).
The following programming tools are available for cross-platform apps:
React Native (JS);
Flutter (Dart)
Xamarin (C#).
Step 4: Define the Feature Set
You now have a better understanding of what problems your product has to answer and which features can please end consumers because you already have user input, expert opinions, trends, and the desire to outperform your competition.
You can utilize established prioritizing frameworks and tactics to assist you to select which product feature should take the top slot on the list.
Step 5: Create UX&UI Design
As previously stated, the experience in eCommerce applications must go beyond in-person purchasing, and UX&UI design is an opportunity to stand apart. For your target customers, the design will represent your voice and the business’s identity. Color schemes, engaging images, and easy transitions from one page to the next are what leave a lasting impression on your customer.
Step 6: Create an MVP
Remember when we told you about the product features that should be prioritized? At the MVP stage, you should concentrate on the most critical aspects of your eCommerce app. Instead of launching a full-fledged product straight once, we recommend a constant evaluation of the product, which feeds future revisions.
MVP seeks to learn what users think of a product, minimize development time, reduce risks, and allocate resources more efficiently.
Step 7: Collect Feedback
When the MVP is ready, it’s time to start collecting customer feedback. It is the process of observing how users engage with your app, collecting feedback, and identifying potential changes. Feedback is important in ecommerce app development since it allows you to determine what works and what doesn’t for your target audience.
Step 8. Iterate
Last but not least, iterate. When we look at the largest companies in the eCommerce app market, we can observe that design is never consistent. Instead, it is always changing and reacting to market/user needs.
How Much Does it Cost to Build an E-commerce Mobile app in Bangalore?
The cost of building an e-commerce app depends on several factors, including:
App complexity
The complexity of the features, functionality, and design of e-commerce software drives up the cost of development. In comparison to an app with advanced features like augmented reality, real-time chat, and personalized payment options, a simple e-commerce software with a constrained range of functionality will be less expensive.
Development Team:
The level of skill and experience of the development team may have an impact on the price of developing an app. A development team with extensive experience and a track record will probably cost more than a team with less experience.
Platform:
Depending on the platform, such as iOS, Android, or a cross-platform solution, the cost of developing an e-commerce app can change. The overall cost of developing an app will normally go up if it supports many platforms.
Design:
The entire cost of developing an app will be influenced by the cost of the app’s design. Generally speaking, a custom, eye-catching design will be more expensive than a simple design.
Location:
Depending on where the development team is located, the cost of developing an app can change. Compared to the United States and Western Europe, the average cost of developing an app is lower in nations like India and Eastern Europe.
On average, the cost of developing a basic e-commerce app in Bangalore can range from $20,000 to $50,000, while the cost of a more complex app with advanced features can range from $50,000 to $150,000 or more.
Additionally, there may be ongoing costs associated with maintaining and updating the app after its initial releases, such as hosting, security, and bug fixing.
It is critical to remember that the cost of app creation is not a one-time spend, and it is necessary to budget for continuous maintenance and improvements to ensure the app remains competitive and satisfies user expectations.
To acquire a more exact quotation for your specific project requirements, reach out to a reputable e-commerce app development company in Bangalore, India such as Oaktree software
Conclusion
Today’s eCommerce businesses are developing their customer centricity to the point that they are becoming a part of people’s daily life. Integrating intelligent elements to increase response and connection with buyers has improved the whole online buying experience.
To stay up with consumer demands and expectations, the development of an ecommerce app has so accelerated dramatically. The ability to receive an in-store experience while remaining at home has prompted customers to establish requirements for ecommerce app developers.
In order to create the greatest ecommerce app, it is best to collaborate with technological service providers who offer custom mobile app development.
Ideally, collaborating with technology service providers who offer custom mobile app development will serve the best purpose in establishing an ecommerce app. Connect with software firms that specialize in agile development. They will most likely translate the ecommerce business vision into a fantastic ecommerce mobile app.
