But entering the e-commerce market is not as easy as one thinks. That’s because developing an e-commerce app takes a considerable amount of time and effort, especially in estimating the cost. Therefore, you must initiate the eCommerce app development by determining the required budget and resources for the process.
This article discusses the cost of e-commerce app development and the factors affecting its cost.
E-commerce Apps: A Market Overview
Post-pandemic, the online business has shown a remarkable growth. It is estimated that the B2B e-commerce market will grow to $2.44 trillion by 2025. Likewise, another report suggests that the e-commerce market can grow at a compound annual growth rate of 22.9%.
This growth in the e-commerce industry shows a large number of businesses shifting from retail to digital stores. If you are also preparing yourself for such a change, you must know the cost an e-commerce mobile app development company charges for the process.
E-commerce App Development Cost
The cost of developing an e-commerce app depends on multiple factors, like the resources required and the complexity of the development process. On average, eCommerce app development costs can be anywhere between $3,500 - $8,500.
Remember that it is just a rough estimate and the actual e-commerce app development cost entirely depends on project requirements. So before starting the process, you must get a detailed cost estimate from a development team.
Overall Cost Breakdown of E-commerce Mobile App Development
Here’s the breakdown of the overall cost associated with developing an e-commerce app:
1. App Design Cost
App design cost is influenced by a variety of factors, including UI/UX designer charges, user interface designs, wireframes, and more. Basically, the app design cost depends on the design’s complexity and the designer’s experience level.
2. App Development Cost
The technology and framework used for creating mobile app influences the cost of app development. Besides, the app’s features and functionalities can also add to the fluctuating price of app development.
3. Payment Gateway Integration Cost
The cost of payment gateway integration refers to the price that a third-party provider charges to integrate the payment gateway. The price majorly depends on the complexity of integration required and the type of payment gateway.
4. Maintenance and Upgrade Cost
Maintenance and upgrade cost includes charges for regular bug fixes, ongoing maintenance, and software upgrades. Depending on the frequency of updates required and the complexity of the app, this price may vary.
5. Marketing and Promotion Cost
The fees charged for marketing and promoting the e-commerce app to customers through different marketing channels also add to the cost of app development. This cost varies depending on factors like the competition in your niche and marketing strategy.
Factors Affecting E-commerce Mobile App Development
App development has become a common phenomenon to increase business reach and revenue. But are you aware of the factors affecting e-commerce app development costs?
Let’s explore the 5 main cost-affecting factors for e-commerce mobile apps:
1. App Design
The kind of design you want for your app can greatly affect its development cost. Designing a simple app will cost less but if you want your e-commerce app to have all the features and functionalities, with a user-friendly interface, its development cost will significantly increase.
In addition, the complexity of the design, the type of design element, and the number of screens can also increase or decrease the app design cost.
2. App Development Platform
Did you know that the platform you choose to build an e-commerce app can also influence its development cost? Commonly iOS and Android platforms are used to develop e-commerce apps. But if you have a tight budget, you can consider cross-platform development as well.
3. App Functionality
Wondering how the functionality of an e-commerce app can impact its development cost? Well, the more features you want in your app, the more time and effort it will take to develop.
Common features that shoot up the development cost are payment gateway integration, shopping cart, social media integration, product catalog, user profile management, and more. So, hire a reliable e-commerce app development USA that can add all the essential features under budget.
4. Payment Gateway Integration
Payment integration is one of the crucial features of an e-commerce app. However, integrating an e-commerce gateway can significantly increase the development cost as it is a complex and time-consuming process.
Not to mention, payment gateway integration cost is also influenced by the type of payment gateway provider and customization requirements.
5. App Maintenance
Regular maintenance helps in the long-term success of an e-commerce app. However, the cost of maintenance can increase the overall development charges. If you want your e-commerce app to have constant support and regular updates, you must consider the app maintenance cost before development.
Besides these, the size of the development team, the time required for app development, and the location of the development team can also influence the cost of building an e-commerce app. Basically, the more complex your e-commerce app is, the more its development cost will be.
That’s why you need to work with a team of reliable app developers so the overall e-commerce app can be developed within your budget and stays true to your requirements.
Should You Enter the Competitive E-commerce Market Now?
Now is the right time to enter the e-commerce industry because its app market is failing to meet the demands of many users. Your e-commerce app can act as a bridge to fill the market gaps in terms of late deliveries, out-of-stock items, and increased fees.
Conclusion
As you know, the recent years have seen a significant increase in the e-commerce sector. So, if you also want to benefit from this growth, you must invest in e-commerce app development.
For this, you can hire Protonshub Technologies, the best e-commerce app development in USA. This company works with a team of professionals who know the ins and outs of app development.
Their developers use the latest technologies to turn your ideas into reality. You can get an overall cost estimation before starting the development process so you don’t end up exceeding your budget.
Hurry and contact Protonshub Technologies today!
