Ecommerce App Development: Definition, Examples, Statistics, and Features

Mobile commerce is an unstoppable and powerful trend. Mobile apps are one of the most effective ways to build strong customer relationships. Businesses can use eCommerce apps for a variety of purposes such as branding, customer support, sales, and so on. Many studies have been conducted to demonstrate the effectiveness of mobile app sales channels. However, many of them are still unaware of its significance and how to obtain it. They require an guide in order to apply this concept to their business model. If you are experiencing the same issue, don’t worry; this article will provide you with all of the necessary information.

What exactly are eCommerce apps, and what are their advantages? Let’s get started!

Ecommerce App Development Overview

Apps for mobile devices, such as smartphones and tablets, are specialized software. Their distinguishing feature, however, is that they are integrated with commercial features found on eStores, such as product search, payment, shipping, and so on. To put it another way, eCommerce apps are mobile applications that support online business activities.

These apps can boost demand, branding, and customer service in addition to increasing purchase ability. Aside from sales, an eCommerce app focuses on developing relationships with customers in order to create long-term customers.

As a result, eCommerce app development is a collection of activities for creating mobile app functions, developing, and designing user interfaces.

How many different kinds of eCommerce apps are there?

There are four types of it currently: B2B (business to business), B2C (business to customer), C2B (consumer to business), and C2C app (consumer to consumer) (customer to customer).

Furthermore, eCommerce apps are classified into four categories based on their underlying technologies: native apps, hybrid apps, web apps, and progressive web apps.

Because the mobile eCommerce application serves as a link between buyers and sellers, it must be designed to be as suitable and convenient as possible for these two entities. This is the first step in creating and categorizing eCommerce apps.

Good examples of eCommerce apps

ASOS

ASOS is a well-known fashion retailer in the United Kingdom. This company has successfully sold over 85,000 products online to customers all over the world using mobile devices.

Following a study, ASOS discovered that mobile devices account for more than 80% of all visits in the UK. As a result, the company made the decision to invest in a corporate mobile app. And it turned out to be a wise choice.

The brand’s newly launched products have received a lot of pre-orders thanks to this app. As of March 2022, the app had surpassed 10 million downloads.

Nike

Nike is one of the most inspiring retailers in the world. The company has specialized in sportswear products for years, with the largest market share in the world.

Customer behavior, on the other hand, evolves over time.They would rather shop online than in stores. As a result, Nike decided to create a user-friendly mobile app.

This B2C app assists Nike in becoming a buyer’s first choice of retailer. Their newly launched products are generating interest and pre-orders, and their advertising costs are significantly lower than in the past.

Why Is Ecommerce App Development Such an Important Business Trend?

Customers are increasingly willing to download business apps. Many people even install it voluntarily without any repercussions from the seller.

Numerous studies in the United States have confirmed this trend. 67 percent of customers of let-selling brands own at least one eCommerce app. Furthermore, 77 percent of US consumers use retail apps to compare prices.

Furthermore, 71 percent of in-store shoppers will conduct price research via the mobile app before purchasing, and 67 percent of customers will surf the retailer app in their spare time.

These figures demonstrate the impact of mobile apps on the purchasing decision journey.

Mobile search statistics

Because of its convenience and flexibility, mobile shopping has grown into a strong shopping channel.

This is understandable because shopping via phone appears to be much more convenient; people can use it at any time and from any location.

In fact, global online mobile traffic accounted for 53.29 percent of total traffic in 2019 – 10% more than second place.

What Kind of Profit Can An Ecommerce App Make?

There is no upper and lower limit for eCommerce app earnings. The figure will be determined by the caliber of your products, services, and applications. Many studies, however, have been conducted in order to determine the average revenue a business can achieve with an eCommerce app.

The top 200 apps in the mobile app market (AppStore, CH Play) can earn up to $82,500 per day. This drops dramatically in the top 800 apps. Their daily revenue is approximately $3,500, resulting in a monthly revenue of $120,000.

Wrapping Up

The rise of eCommerce apps is unavoidable. As a result, eCommerce app development is a topic in which many business owners are interested. This is understandable given the numerous benefits that can result in high profits for businesses. The eCommerce app, in particular, can help customers establish close relationships, which is a prerequisite for creating loyal customers.