Why you should start your eCommerce App Development in 2020 |
Posted: January 13, 2020 |
Today, Amazon which is an eCommerce company is taking over the market, gaining many millions of users and racking up considerable profits. This goes to show that many online shoppers appreciate the advantages of mobile eCommerce apps. That’s why today, there is a huge growth possibility for an eCommerce app development company. You may ask: How? Because the number of users who prefer shopping on mobile devices is growing steadily, As a result of growing smartphone usage and active eCommerce activities, It’s expected that over 2 billion people will make some form of mobile eCommerce transactions over this year. The number of smartphone users worldwide will reach 2.87 billion by the end of 2020, further urging the need for mobile eCommerce app development. With these e-commerce apps, you can increase your sales, reinforce your user base, and give your brand a big boost. It’s all possible by building a mobile app for your online store. According to google's 2016 research, 58% of mobile phone users were utilizing their smartphones for monitoring prices of various items, discounts offer, checking reviews, and even comparing products. What are the Benefits of having an eCommerce app for your store? Cost-Effectiveness:
To develop an E-Commerce app or a website requires very little investment compared to purchasing entire business premises. Today, Even an eCommerce app development company can deliver you the finest app for your business at a very reasonable cost. Also read: - Top 5 Mobile App Development Company of India With the use of an e-commerce app in your business, the entire financial transactions will eventually become electronic so sooner conversion is going to be lower on cost. Selling Products Globally: There are many limitations with a physical, it will be bounded to the geographical region for which you can provide service, but on the other hand with an E-Commerce website, you can sell your goods and services globally. Minimal Barriers To Entry: With the advancement of technology and digital platforms, any new or existing business has the ability to create and run a successful E-Commerce app or a website. As discussed, the costs of running such a business are minimal and the initial investment is moderately low. Anyone can go to an eCommerce app development company and receive their online version of their shops with some small investments. Brand Popularity: It is one of the benefits of having an e-commerce platform like a mobile app and a website to a business that helps to achieve newer opportunities. It is important to always add the latest features and unique ideas in your business promotions to be in limelight in order to get new customers and making old customers for a longer connection. Conclusion: E-commerce digital platforms like websites and mobile applications give people the freedom to shop their favorite shopping items anywhere and anytime. E-commerce’s share of total retail sales is expected to rise from 8.9% in 2017 to just over 15% in 2022, totaling nearly $892 billion. So there is no doubt that this industry is going to rule the future of the internet market in India. That’s why if you are thinking of starting your own eCommerce app development company, now it’s the best time to do that.
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