Mobile app development has great potential in the retail sector. The global eCommerce market is expected to cross seven trillion dollars in the next two years, which means venturing into eCommerce through mobile apps is undoubtedly the right move. However, determining the eCommerce app development cost can be tricky. There are various elements to consider because the final price tag can vary based on them.
Business operations have dramatically changed to involve more digital aspects, particularly in the past decade. Today, a new wave of digital transformation is upon us, and eCommerce is at its epicenter.
Why eCommerce App Development is on the Rise
Why are businesses increasingly gravitating towards eCommerce app development? Let’s look at the prime reasons:
Rising Demand for Online Shopping
Recent trends have shown how customers prefer online shopping to traditional methods. This rise indicates a paradigm shift and is here to stay, which is why to build an online shopping app like Kroger, and bespoke marketplace mobile app development solutions is what businesses must invest in.
Convenience for Customers
eCommerce app development offers unmatched convenience. Whether it’s midnight or midday, customers can shop at their leisure, leading to an increase in sales and revenue. This convenience has also given birth to grocery delivery app development, ensuring groceries reach doorsteps with just a few taps.
Expanding Market Reach
Businesses can break geographical barriers with online shopping app development. They can serve a global clientele without the overheads associated with physical stores. Moreover, businesses can host multiple vendors with online marketplace app development, diversifying their product range and increasing customer retention.
The possibilities for creating highly personalized, and secure shopping experiences are vast with the advent of AI app Development and blockchain app development. Artificial Intelligence App development costs might be higher, but the benefits in terms of predictive analytics, personalization, and enhanced customer experiences are unparalleled.
Contrary to popular belief, the cost to create a mobile app for eCommerce is much less in the long run than running physical stores. There’s a decrease in overhead costs like rent, utilities, and staff. Moreover, platforms that offer eCommerce app development services make the setup process streamlined and efficient.
Top Factors Affecting eCommerce App Development Cost
These are the major influencers you must consider when estimating your app development budget:
Platform Selection: iOS vs. Android
Among mobile app development’s biggest decisions is the choice between iOS app development and Android app development. You will have a clear idea of what to choose if you crunch the numbers and understand where the demand lies for your niche.
For instance, developing an app exclusively for iOS might be cheaper initially, but you could miss out on a broader Android user base. While iOS might cater to a more affluent audience, Android covers a wider demographic. The development costs vary, with iPhone app development price often being slightly costlier than Android due to its stringent guidelines.
Development Approach: Native vs. Cross-Platform
Going native means developing separate apps for Android and iOS. Cross platform app development cost might be lower, with frameworks like React Native bridging the gap. However, React Native app development might have its limitations in terms of capabilities compared to native apps.
Customization and Features
The number of features affects the cost, as does the degree of their complexity. So, it will change accordingly, whether you want an app to work with the capabilities of a basic online shopping app like Kroger or something more intricate. Simply put, adding features and customizations will increase the cost.
Backend Infrastructure and Server Costs
A robust backend is vital for an efficient eCommerce app. Depending on the eCommerce app development services you choose, the infrastructure might use servers that add to the cost.
App Design and User Experience
Good design is more than just aesthetics; it’s about user experience. Investing in a quality design ensures user retention and elevates the eCommerce app development cost.
Incorporation of Advanced Technologies: AI and Blockchain
Integrating cutting-edge technologies like Artificial Intelligence App development cost or blockchain app development can elevate the app’s functionality but can also significantly spike the cost. An AI app Development for product recommendations, chatbots, or blockchain for secure payments can provide a competitive edge but come at a premium.
Nature of the App: Marketplace vs. Single Vendor
Marketplace mobile app development involves creating platforms like Amazon, where multiple vendors can list their products. On the contrary, single-vendor apps are like brand-specific stores. Naturally, marketplace app development costs more due to the added complexities.
Features and Functionality: Basic vs. Advanced
The complexity of features directly influences the eCommerce mobile app development cost. While a basic online shopping app like Kroger might be economical, incorporating advanced features such as AR try-ons, personalized suggestions, or even grocery delivery app development functionalities can increase the budget.
Location of the eCommerce App Development Company
The geographical location of your chosen eCommerce mobile application development company plays a huge role in calculating the average cost to build an app. Developers in North America might charge more than those in Southeast Asia.
eCommerce Mobile App Development Cost Breakdown
Every step in the mobile app development process incurs costs. These steps include:
- Initial Planning and Research Costs: Before starting the development, there is research. This phase identifies the target audience, competitors, and the app’s unique selling proposition. A thorough market research, user persona creation, and competitor analysis can add to the initial cost but ensure a better product-market fit.
- Design: A user-centric UI/UX design, while essential for ensuring user engagement, forms a significant chunk of the eCommerce app development cost.
- Development Phase Costs: Here is where the real work begins. From setting up databases to integrating payment gateways, this is where the majority of the mobile app development budget is spent.
- Backend Development: The robustness of the server, database, and API integrations will determine the app’s performance and scalability.
- Testing Phase Costs: Ensuring your app is bug-free is essential. The testing phase is crucial for identifying and rectifying any issues before launch. Quality assurance can, thus, form a notable part of the cost.
- Deployment and Launching Costs: Once your app is ready, it will be launched on platforms like the App Store or Google Play, which come with their own fees.
- Maintenance and Updates Costs: Post-launch, an app requires regular updates and maintenance, which can sometimes be a recurring expense.
|Development Phase||Description||Estimated Costs|
|Planning and Research||Understanding the target audience, competitors, and market trends.||$1,000 to $5,000|
|UI/UX Design||Creation of design prototypes, wireframes, and interactive mock-ups.||$5,000 to $15,000|
|App Development||Actual coding, building app features, and functionality based on the platform.||$20,000 to $50,000|
|Backend Development||Handling data storage, user management, server-side logic, database setups, and API integrations.||$15,000 to $40,000|
|Testing||Testing Comprehensive testing to ensure the app functions across devices, including bug fixes.||$5,000 to $15,000|
|Deployment and Launch||Setting up developer accounts, app store submissions, and listing optimization.||$500 to $3,000|
|Maintenance and Updates||Regular updates, bug fixes, and feature additions to ensure app compatibility and relevancy.||15-20% of initial development cost|
Choose the Right Partner
The real question is more than the average eCommerce app development cost. It is about understanding what your business needs, evaluating the potential return on investment, and making informed decisions based on that. Do you need AI functionalities? Is a marketplace mobile app development necessary for your vision? Answering these questions will help tailor the cost to build a mobile app for your establishment.
That said, considering the variables discussed, it is challenging to put an exact figure on the mobile app development cost. While a basic online shopping app development cost might start from $55,000, a sophisticated multi-vendor marketplace with advanced features and technologies could stretch beyond $200,000.
A competent eCommerce app development company can make all the difference. They guide businesses through development and assist with post-launch support and maintenance. Partnering with the right team ensures your online store is robust, secure, and user-friendly.
AppsChopper is one such eCommerce app development company or eCommerce app development services provider that can offer a more precise quotation based on specific business requirements. Contact us to know how you can prioritize business needs, understand your audience, and select the right development strategies for a fruitful investment.