{"id":15980,"date":"2020-09-10T05:46:50","date_gmt":"2020-09-10T05:46:50","guid":{"rendered":"https:\/\/www.appdupe.com\/blog\/?p=15980"},"modified":"2020-10-31T13:27:14","modified_gmt":"2020-10-31T13:27:14","slug":"an-entrepreneurs-guide-to-ecommerce-app-development","status":"publish","type":"post","link":"https:\/\/www.appdupe.com\/blog\/an-entrepreneurs-guide-to-ecommerce-app-development\/","title":{"rendered":"An Entrepreneur\u2019s Guide To Ecommerce App Development: Business Models, Benefits, And Features To Consider"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Take a list of top-grossing smartphone apps, and you\u2019ll inevitably find apps from one sector &#8211; eCommerce. Amazon, eBay, and well, add 12 &#8211; 24 million more eCommerce platforms to the list. Ecommerce is one sector that has always been on the consumers\u2019 radar, owing to the sea of products available. With the market for eCommerce forecasting to generate $4.5 trillion in sales per year by 2021, entrepreneurs needn\u2019t get a second invitation to invest in this booming sector.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Are you one of those who aspire to make your presence in this sector? Be wary of the fact that there\u2019s a neck-to-neck competition, but do not worry. With the right combination of insights and strategies, you can compete even against giants like Amazon. The sky\u2019s the limit for an entrepreneur, right?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog, we\u2019ll have a clear overview of <\/span><a href=\"https:\/\/www.appdupe.com\/ecommerce-app-development\"><strong>Ecommerce app development<\/strong><\/a><span style=\"font-weight: 400;\">. You\u2019ll get to familiarize yourself with the popular business models, attractive features. Besides, you\u2019ll visualize a clearer picture of your end-product by knowing the benefits of having an eCommerce app.\u00a0<\/span><\/p>\n<p><b>One Simple Rule &#8211; Evolve with the eCommerce trends\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Smartphone users, especially millennials, expect more from an eCommerce app. Evolving with customer trends is one great way to enhance sustainability. You need to understand specific eCommerce trends that can help you while reaching out to the target audience. They include,\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">59% of the Millennials will visit Amazon when online shopping (Source: Inviqa).\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Around 55% of the consumers tell their family and friends if they are dissatisfied with the product\/company (Source: UPS).\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Globally, credit cards top the list as the most preferred payment mode, with people using them in 53% of the transactions (Source: Kinsta).\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Among various reasons for people preferring online shopping, the flexibility to shop round the clock remains #1. (Source: KPMG)\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Ensuring that your app goes hand in hand with these trends will enable you to have a competitive advantage.\u00a0<\/span><\/p>\n<p><b>The right business model &#8211; Key to seamless operations\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">One of the fundamental steps in eCommerce development is to decide the business model. Simply put, the business model is a blueprint of your business operations and the different stakeholders involved. Let\u2019s discuss the different popular models here,\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>B2C (Business to Consumer)<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A majority of eCommerce apps fall under this category. In this type, the online platform bridges the gap between businesses and consumers. Vendors get to display their products to customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon and Flipkart are famous examples of this type.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>B2B (Business to Business)\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This model is similar to B2C, except that businesses sell products to fellow enterprises instead of individual customers. One simple example is an eCommerce platform where construction firms get to access cement companies for their business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alibaba and Amazon business work on this model.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>C2C (Consumer to Consumer)\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Why the need for businesses to intervene where customers can buy\/sell products among one another? Peer to Peer marketplaces is a great way for consumers to communicate with interested buyers\/sellers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">eBay and OLX make this C2C model popular and familiar.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>C2B (Consumer to Business)\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Breaking barriers is one primary objective of the digital medium, right? Platforms based on the C2B model enable customers to reach out to businesses and sell their products\/services.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Survey Monkey is a typical example of a platform leveraging the C2B model.\u00a0<\/span><\/p>\n<p><b>Integrating unique features &#8211; vital to customer engagements\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Only a few <\/span><span style=\"font-weight: 400;\">eCommerce app developers<\/span><span style=\"font-weight: 400;\"> like Appdupe come up with unique functionalities and features to ensure an app\u2019s success. Some of the stand-apart aspects that can enhance customer engagement rates include,\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b><i>AI for personalized content: <\/i><\/b><span style=\"font-weight: 400;\">Nowadays, customers expect personalization in a smartphone application. Artificial Intelligence (AI) can provide a giant leap in terms of customized content. Right from product recommendations to push notifications, AI can do the trick.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><i>In-app wallet:<\/i><\/b><span style=\"font-weight: 400;\"> As mentioned earlier, people are switching to digital modes of payments. Eliminate the need to enter account details every time during checkout with an in-app wallet. Users can proceed to checkout and pay for their orders with just a few taps.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><i>Daily deals: <\/i><\/b><span style=\"font-weight: 400;\">It may sound simple, but what\u2019s the best way to user retention when customers visit your platform EVERY single day? Providing offers and discounts to specific products every day can lure the audience and convert traffic in sales seamlessly.\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Potential benefits &#8211; paving the way for a paradigm shift\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The eCommerce sector is witnessing a sea of entrepreneurs venturing into it. A comprehensive <\/span><a href=\"https:\/\/www.appdupe.com\/ecommerce-app-development\"><strong>eCommerce app development solution<\/strong><\/a><span style=\"font-weight: 400;\"> cannot sustain or create an impact unless it comes with numerous benefits for different stakeholders.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b><i>Boost visibility:<\/i><\/b><span style=\"font-weight: 400;\"> Be it Austin, Texas, or Auckland, New Zealand, the platform reaches the nook and corner of the world, boosting brand visibility.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><i>Multiple revenue streams:<\/i><\/b><span style=\"font-weight: 400;\"> You have access to unrestricted revenue from various sources\u2014commissions, subscription plans, in-app ads, to name a few.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><i>Customer convenience: <\/i><\/b><span style=\"font-weight: 400;\">Be it a tiring workday or a rejuvenating holiday, customers can reach out to your platform with just a few taps on their smartphones.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><i>Compare and analyze:<\/i><\/b><span style=\"font-weight: 400;\"> Customers can compare and analyze numerous products based on various parameters before making decisions.\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Conclusion,\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">We hope this blog would have laid out the foundation for your eCommerce app journey. There\u2019s no doubt you\u2019ll need a dedicated <\/span><span style=\"font-weight: 400;\">eCommerce app development company<\/span><span style=\"font-weight: 400;\"> behind you to transform your visions into reality. In case you\u2019re wondering who can help assist throughout various stages, we, at Appdupe, are just a tap away.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Schedule a meeting with our experts, tell us your dreams and aspirations, and we\u2019ll play a pivotal role in making your eCommerce empire dream a reality! <\/span><\/p>\n<div class=\"info_box\">\n<h2>Ready to launch your ecommerce app?<\/h2>\n<div><a class=\"button\" href=\"https:\/\/www.appdupe.com\/request-proposal?\/ecommerce-app-development\">Contact us today<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Take a list of top-grossing smartphone apps, and you\u2019ll inevitably find apps from one sector &#8211; eCommerce. Amazon, eBay, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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