Top 5 factors that decide eCommerce applications development cost

The ever-growing accessibility of mobile phones and other digital devices has brought a huge surge in the demand of eCommerce app development. In this fast-paced world, people prefer buying their day-to-day necessities like groceries, food, furniture, apparel, footwear, skincare essentials, etc., on the web. Obviously, an eCommerce app has become the go-to choice for customers to buy things online at the current time. So, mobile app development is a worthwhile investment that every business in the eCommerce industry must consider to streamline its operations and increase profit.

There was a time when people used not to rely on online shopping due to the lack of transparency, security and trust issues. Over time, the app features and people’s perceptions changed, leading to the active involvement of the eCommerce app in the daily lives of people. Thanks to the advanced eCommerce technology solutions

Now, eCommerce apps are integrated with various cutting-edge technologies, and this integration has transformed this industry drastically. Every online shopper uses and commends the integration of these advanced technologies. For instance, Augmented Reality (AR) has facilitated us to virtually view the product inside our house before buying. Big furniture enterprises such as IKEA offer AR applications that allow customers to virtually see and place the product at home before buying it online. Isn’t it a convincing experience for feasible buyers? So, when you are planning to get an application for your online store, make sure it is integrated with the advanced technologies your business requires.

You might wonder how much it costs to develop an eCommerce mobile application. And why not? After all, pricing is one of the most crucial aspects to consider when building an app for selling goods. So, let’s discuss in detail some significant factors that decide the eCommerce app development cost.

5 Key Factors That Influence eCommerce App Development Cost

Developing an eCommerce application can be expensive, but once you know your exact requirements and cost-affecting variables, you can save big on your overall app development cost. It includes app design, technological stack, payment mechanism, functions and functionalities, platform, and so on. Here we have listed the top 5 points to consider when evaluating eCommerce app development costs.

1. Platform

Building an app for multiple devices is a lucrative choice. However, the cost can vary depending on your chosen platform and devices. Therefore, it is essential to be accurate when selecting the platform, as it could be either iOS or Android. To save money on developing an eCommerce app, it is wise to do quick research, find out the target market for the app, and then contact an app development partner accordingly. The mobile app development company you choose also plays a vital role in deciding the eCommerce app development cost.

2. Features and Functionalities:

Once you have chosen the platform for your app, the next step is to decide on the technical specifications you require. The features and functionality you need will add to the basic cost of the app. Depending on the type of features, such as social sharing, third-party payment integration, deep-link, app analytics, coupon code, pin code registration, wish list, referrals, loyalty program, and so on, the cost of the app can vary.

It is essential to consult with an eCommerce applications development company that can guide you regarding the essential features you need for your business. This will help you to calculate the cost of admin panel development, backend development, and other associated costs.

3. Security

The SSL (Secure Sockets Layer) certificate, PCI (Payment Card Industry) compliance,  fraud protection, data encryption, and data backups are some of the most crucial security aspects that influence the cost and success of your eCommerce app. If your customers don’t feel safe sharing their personal and financial information, they will not buy from your website.

4. Basic and Advanced Features

Integrating numerous cores and advanced features into an eCommerce app can vary the cost significantly. A fully-fledged app with all the bells and whistles will cost more than an MVP version of the application. For instance: AR technology can be a significant integration for the fashion market, furniture industry, and other platforms. However, if your eCommerce store is all about selling groceries or food, you should pay more attention to artificial intelligence, voice search, advanced payment gateways, and other technologies.

User login/registration, product catalogs, shopping cart, payment gateway, order tracking, checkout etc. are some of the core app features, while multiple language options, social network integration, personalized suggestions, push notifications, multiple payment methods, product search and filter, in-app chat, product ratings, a wishlist, etc. are the advanced features. Ultimately, it is up to you to decide what features you want to include in your app and how much you are willing to spend on its development.

5. App Design

When it comes to eCommerce apps, the design of the app is just as important as its functionalities. A visually appealing interface, banners, splash screens, and visual effects can attract customers and keep them engaged in shopping. So, if you wish to build or upgrade the existing design of your app, the overall pricing will change.

Bottom Line

When businesses consider eCommerce application development, there are several factors they need to consider to save on pricing. Factors such as the number of platforms, the complexity of the app, the development team, and the technology used will all affect the cost of the eCommerce app. The cost will also depend on the eCommerce app development company that you choose to hire. All these points have an influential impact on the overall development cost.

To make your eCommerce app development cost-effective, make sure to build it with essential functionalities only. However, you must integrate cutting-edge technologies into the app to stand out from the crowd and build a name for your brand in this competitive market.