The E-commerce sector is thriving at a rapid pace by taking the support of a booming mobile platform. People tend to search and order various products using their smartphones, and the eCommerce app development company assists retailers to make the most of this trend. The recent pandemic age has acted as a catalyst in the growth of mobile-based eCommerce because people prefer to stay at home and get necessary items at their doorstep through online shopping using m-commerce or on-demand apps.
Countries like the USA, South Korea, and Japan have recorded over 50% of all eCommerce sales through mCommerce apps. What’s more, a Compuware study has revealed that 85% of users prefer a mobile app as compared to the responsive website. Simply put, it is beneficial for retailers to build an eCommerce app to expand their business, attract new customers, and retain existing ones. Be it online promotion or branding, eCommerce app development is always useful for B2C and B2B businesses of all sizes.
You may wonder, I will develop an eCommerce app, but would it be wise to enter such a competitive market? The answer to this question is Yes. Though competition is high and the eCommerce sector itself is full of challenges, if you enter the domain at this juncture, you can get a high ROI in relatively a short time. When it comes to developing an eCommerce app for your business, instead of “if”, you should think about “what”. For example,
The ecommerce industry has transformed the internet into a big marketplace for small and large companies. Technology makes it possible for small players to offer the best customer experience and gain market share. Here’re vital points to focus on before starting an ecommerce business.
The state of the e-commerce sector in India
Amazon, Flipkart, Alibaba, PayTM (One97 Communications Ltd), MakeMyTrip, BookMyShow, Snapdeal (Jasper Infotech Pvt Ltd), Just Dial Ltd, Myntra, and FirstCry make it in the list of top e-commerce players in the country. Walmart and Samara Capital have already entered India via Flipkart, while other international players are keen to enter the market but are waiting for more clarification on the country’s e-commerce policy draft. The sector also includes the countless number of small tech startups operating in various Indian cities. By 2022, India’s online shopping market is all set to cross the $150 billion mark. Thus, this is the best time to enter.
