eCommerce is becoming a vital component of the retail industry because of the current digital era. Its rapid expansion has fundamentally altered the way we make purchases and enabled businesses to expand globally.
Businesses of all kinds are attempting to pave their way into the e-commerce market landscape and build an amazing e-commerce app. This is mainly because of the growing popularity of online purchasing.
One of the most successful eCommerce platforms in the Middle East is 6th Street, a top eCommerce app. It not only provides customers with an excellent online shopping experience, but it also acts as an inspiration for startups and new business owners.
Let’s take a look at the numbers:
If you're considering to build an eCommerce app like the well-known Middle Eastern eCommerce platform 6th Street, you'll need to understand the various factors considered in eCommerce app development and other insightful concepts.
Let’s get started with it!
Following, we’ve discussed 3 reasons to invest in an eCommerce app like 6th Street:
1.Growing Popularity of eCommerce:
Around the world, e-commerce is growing rapidly. From 2023 to 2027, the growth of global e-commerce sales is expected to surpass that of retail sales annually, indicating consumers' inclination toward online buying.
Some of the main factors that are driving this eCommerce growth include the convenience of online shopping, the growing digital market, and rising disposable incomes.
An eCommerce app like 6th Street has the potential to take advantage of this expanding trend and secure a substantial portion of the online retail market.
2.Expanding Middle East eCommerce Market:
The ecommerce sector in the Middle East is estimated to reach a market volume of US$50 billion by 2025.
In this digital era, the growth of the tech-savvy population is on the rise – and even government initiatives are promoting e-commerce adoption. An eCommerce app like 6th Street can tap into this growing market and cater to the specific needs and preferences of Middle Eastern consumers.
3.Huge Success of eCommerce Businesses:
If we talk about 6th Street, it has turned out to be a highly successful eCommerce platform in the Middle East. With a strong reputation for providing a user-friendly and personalized shopping experience.
Investing in an eCommerce app like 6th Street can allow you to replicate this success and gain a competitive edge in the market.
Following, we’ve listed 5 important factors to consider that would impact the cost of an eCommerce app like 6th Street. Let’s discuss:
1.Choosing a Platform
Choosing the right platform is a crucial decision to target your right audience. Platforms like iOS, Android, and cross-platform development, will significantly impact the costs. While iOS has a more efficient development process, Android is renowned for its wide range of devices. Cross-platform programming may save money at first, but some concerns may arise later. Therefore, it is important to get in touch with the right mobile app development company as per your business goals and requirements.
The complexity of your project will determine how much time and money are required. If your eCommerce software has basic features, it will be less expensive.
Nevertheless, the cost would increase if complex advanced features like secure payment gateways, AI-powered capabilities, and real-time inventory updates were added. Simple apps with lots of features will cost less than complex platforms with advanced features.
3.Features and Functionalities
It's crucial to strike a balance between features and affordability. If your goal is only to test the waters before launching your fully built program, then integrating minimal functionality is acceptable.
If you are ready to launch the fully developed eCommerce app, you can add more functionality. The user experience will be enhanced, but the cost to build an e-commerce app will increase.
The first and foremost aspect that your customers will notice is your app’s design. Of course, first impressions are important as they can either make or break your business. The smooth user experience and easy-to-use interface of 6th Street have contributed to its success.
Therefore, it is important to create a visually appealing user-friendly design, accessibility, and intuitive design. Ultimately, it will help to attract new users and retain existing customers. High-quality design work, however, can come at a higher price.
5.Choosing the Right Tech Stack
Considering scalability and security, It is highly important to choose the right tech stack. Following, we’ve listed the crucial tech stack required to build an eCommerce app.
Incorporating an advanced tech stack would be of higher cost as compared to a basic tech stack.
Get in touch with top-notch mobile app developers in UAE to build an eCommerce app to stay ahead of the competition.
Aiming to attain success like the 6th Street eCommerce business? – Your app must also possess amazing features like that of 6th Street.
In this section, we’ve discussed must-have features that you can incorporate into your eCommerce app. Let’s take a look:
The first aspect that users will interact with your eCommerce app is registration. Here they need to provide their personal information, card details, addresses, and more.
2.Secure Payment Gateway:
It is highly crucial to provide secure payment transaction gateways to customers. Integrating robust payment options in your app offers users a secure and convenient mode to make purchases.
3.Buy Now and Pay Later:
Integrating the BNPL feature in your app allows users to buy luxurious items on an interest-free loan. It offers convenience to customers and enables them to afford expensive goods on EMI without any interest.
4.Augmented Reality Experience:
Customers want convenience these days and technology has paved the way. With the help of AR, users can experience virtual try-on fitting experiences and make decisions based on that. Also, it allows users to virtually place products in their homes or try on clothes and accessories.
5.Product Rating & Review:
This feature must be incorporated into the eCommerce app. Users can easily provide their feedback and reviews about the products and share their experiences.
6.Order History and Tracking:
This feature allows users to keep track of their order history and also track their upcoming parcels or deliveries. It also allows them to manage their purchases online.
7.Social Media Integration:
To enhance brand visibility, the integration of social media features is quite crucial. It will help you to easily promote your products online and increase your user base.
Implement a robust search functionality that allows users to easily find the products they are looking for using natural language queries, filters, and advanced search parameters.
Cater to a wider audience by offering multilingual support, enabling users to navigate the app and interact with it in their preferred language.
Leverage user data and machine learning algorithms to provide personalized product recommendations, enhancing the shopping experience and increasing conversion rates.
Implement AI-powered chatbots to answer customer queries, resolve issues, and provide 24/7 support, reducing the burden on your customer support team.
Embark on your eCommerce app development journey with this structured approach. Let’s discuss thoroughly:
Step 1:Market Research
Market research would assist you in creating a strong foundation for your eCommerce business. Understand your target audience and the competition in the eCommerce sector. Additionally, it is crucial to research the current trends and customers' preferences to target the right domain.
Step 2:Planning and Defining Requirements
Clearly define your app's goals, target audience, and core features. Conduct market research and analyze competitor apps to identify opportunities and differentiators.
Step 3:Wireframing and Prototyping
Frameworks and prototypes should be made in order to see the app's layout, functionality, and user experience. This allows for early feedback and enhancements before development starts.
Step 4:Front-end Development
Create the UI for the app, making sure that the user experience is smooth and interesting. It is important to have responsive design ideas and current design principles to accommodate various screen sizes and devices.
Step 5:Back-end Development
Build the app's server-side infrastructure, including user authentication, product management, order processing, and payment integrations. Ensure data security and scalability.
Step 6:Testing and Deployment
Testing is the most important aspect of the app development process. It is important to conduct rigorous testing to identify and fix bugs, ensuring the app functions flawlessly across different platforms and devices. Deploy the app to app stores, such as Google Play and Apple App Store.
Step 7:Maintenance and Update
It is highly crucial to continuously track and monitor the app's performance. If any issues or concerns occur, then they must be addressed immediately, and also release regular updates with new features and security patches.
An eCommerce app like 6th Street can be created, depending on the features, tech stack, and complexity you want to include in it. Estimates suggest that the cost to design an eCommerce app might be between $25,000 and $50,000. However, it would cost at least $80,000 to add complex or advanced features and functionality.
Here are some additional benefits of investing in an eCommerce app like 6th Street:
To build an eCommerce app like 6th Street can be a strategic move. It is important to make wise decisions before diving into the development process. So, make sure to get in touch with the best mobile app development company – Apptunix to kickstart your business.
Building an eCommerce program similar to 6th Street is an interesting project, but there are certain costs involved. By closely examining the factors that determine costs and include the features that are required, you can successfully design an eCommerce app that satisfies the expectations of modern consumers. Keep in mind that achieving your eCommerce goals calls for the right development team in addition to a solid business plan.
Apptunix is a leading custom mobile app development company in the Middle East that will turn your vision into reality. Our skilled team of engineers and designers is ready to help you build an e-commerce application that is specifically customized to meet your company's requirements.
Apptunix is the best option if you're looking for a reputable and experienced partner for the creation of custom eCommerce apps. Get in touch with us right now to learn more about our range of offerings and begin developing your eCommerce app like 6th Street, in partnership with our knowledgeable Apptunix specialists.
Q 1.How Can I Monetize My eCommerce App?
Some of the top monetization strategies for your eCommerce app like 6th Street are mentioned below:
Several apps use this method to generate revenue, including eCommerce apps. Here apps offer extra premium services such as content or subscriptions inside the app.
For eCommerce apps, the subscription model is a common business strategy. It enables companies to provide clients with ongoing access to goods and services as well as recurrent revenue sources.
Digital advertising that runs inside mobile apps is known as “in-app” advertising. It is a well-liked method for advertisers to reach a specific audience as well as for app developers to monetise their apps.
Collaborations and sponsorships are excellent ways for eCommerce companies to expand their customer base and raise their profile. You can expand your consumer base and reach a larger audience by collaborating with influencers or other businesses to promote your goods and services.
Q 2.What are Future Trends in eCommerce App Development?
Some of the future trends in eCommerce app development includes:
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