Online shopping has witnessed a revolutionary transformation that has changed the way we shop. This platform is continually growing and serving customers all over the world. The reason for Shopping application Development constant growth is our ever-growing technology. With the rise of smartphone users, our online shopping platforms are growing too. The online marketplace business model only makes them reach greater heights. Online marketplace encourages leading businesses and startups by providing with an overall business solution. Platforms like Flipkart, Amazon they are incredibly popular selling channels amongst consumers across the globe.
In 2018, the biggest online marketplace based on gross merchandise volume was Chinese platform Taobao with a GMV of 515 billion U.S. Dollars. Small and Amazon ranked second and third with 432 and 344 billion U.S. Dollars in annual third-party GMV respectively. – ( Source )
The online marketplace is mainly useful for micro vendors. They get the business opportunity to expand their network. According to a recent report from Sensor Tower, there is a 16.3% increase in new app users. As the number of mobile users is growing, there is a notable difference in business opportunities. This global platform is growing immensely and following a futuristic approach.
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The emergence of technology has changed the way people do shopping. Apps have become the new handy market, which can be accessed anytime from anywhere. Before you indulge yourself in different aspects of your shopping app, depth market analysis is required.
Here we have listed some of the essential things to consider before developing the app.
Once you understand the online marketplace, focus on how it benefits marketplace vendor, sellers, and customers. It will help you grow your business and will help you get a better understanding of the online market. Over the years, the purchase through an e-commerce website development has increased from 9% to 14%.
One can create the app by following these easy steps.
Not just that, there are other more significant things which one should consider to make e-commerce app outstanding while keeping the market trends in mind.
Create an exceptional user experience by providing users with explicit customer service experience by adding high functionality and rich features. By including right features, depending on marketplace size, type, and the niche you can add features. With these responsive and interactive app features, you can engage customers completely.
Here we have listed some of the top features which helps you generate more traffic and earn higher revenue.
These listed features make the online marketplace more promising and beneficial for traditional retail customers. For more details and in-depth analysis, you can read our detailed blog.
“Must-Have Features in Online Shopping Apps Like Amazon, Flipkart”
This blog will help you make the selling and buying of goods easy while bringing convenience and comfort to consumers.
Building an online marketplace app like Flipkart and Amazon is easy. The overall cost of developing the app depends on several factors like the number of resources working on the marketplace app, features & functionality you wish to add in your app, app design, app size, the platform you choose, and the complexity of your app.
Here we have listed some of the major factors that help you determine the cost of online marketplace app development. But before the development start, one must conduct market research and identify the scope of the project to get the estimated amount.
Apart from that, there are other things which influence the cost of development depending upon the complexity of an app. It mostly depends on the options you choose.
Approximately it will cost you somewhere around $12000 to $41000 or maybe more depending on your preference.
Here to help you we have provided with the breakdown of the development process which will help you understand the development process thoroughly.
Once you understand the customers business needs and figure out what products you are going to sell and whom you are going to serve by conducting market research contact the development team. We at BR Softech with the team of expert developers help you build an outstanding online market place. We also provide with a ready-made solution like Flipkart Clone. It helps you save time and development cost while offering great opportunity to start your own online marketplace.
BR Softech Flipkart Clone Script makes selling and buying of goods easy using the internet. It provides a secure payment gateway which helps in exchanging information between the payment portal and the banks. In addition, we provide with customization option. It will help you add your preferred features and functionality while allowing you to provide users with a great platform to buy the goods they are looking for.
