The True Cost Of Developing An E-Commerce Mobile App

It is the first thing you should ask when evaluating the cost of app development.
No one can provide you with an accurate estimate until they know about your organization, your business goals, your app features, user flows, your budget, and so on. Depending on what the app accomplishes, developing a mobile app can cost anywhere from tens of thousands to hundreds of thousands of dollars. Going into the development work without a clear plan is obviously not going to get you any closer to success.
As firms face saturated marketplaces and fierce competition, they are under pressure to digitize. They do, however, want to do it in the most cost-effective way feasible.

If we categorize mobile apps based on their complexity — Simple, Average, and Complex, then the cost of app development is approximate:

  • Simple App Development Costs around $10,000 to $25,000
  • Average App Development Costs around $25,000 to $50,000
  • Complex App Development Costs around $50,000 to 100,000

App Development Process

An effective app development process includes five important stages. The stages are the same despite the size and scope of the mobile app project:

  • Business Analysis
  • Project Management
  • UI/UX Design
  • Application Development
  • Quality Assurance (QA)

Business Analysis

You could have a winning mobile app concept. However, the concept must go through a market study (competitor analysis), the app must be verified, and there must be documentation of the requirements (both functional and non-functional).
Before delving into production, a skilled app development team will map out many aspects. To obtain an exact app development quote, the team will rely on asking a plethora of questions.

Project Management

Project management is a crucial stage in the development of apps.
If you take a closer look, a project manager is in charge of overseeing the whole development process. Up to 15% of the entire app budget is consumed by the manager’s efforts.

UI/UX Design

You need a perfect UI/UX design for your app in order to make an outstanding first impression.
Users should enjoy the design, which will pique their interest. Obtaining a clickable prototype after your app’s needs and specs are in place is also a terrific notion.

Application Development

More than any other stage of developing a mobile app, programming and coding have higher expenses. The coding team typically consists of two or three individuals.

Quality Assurance (QA)

You must fix faults and errors as soon as possible since they may start to gather throughout the mobile app design process and run the danger of spreading to your complete project. You can spot significant issues prior to the start of the development phase by incorporating QA specialists early on. As a consequence, you will avoid incurring excessive redesign fees in the midst of your project.

It takes more than 3 to 6 months to develop a single mobile app.
Simple mobile applications require 1–3 months to release, but more complicated ones might take up to 8–12 months. So why does developing apps take so long?
It completely depends on the functionality you desire for your mobile application.
It won’t take long to utilize certain common functions, such as user sign-in, push alerts, primary navigation, etc. It could take longer to use functions like credit card payment, internet streaming, offline mode, etc.
Let’s examine each feature’s development costs in more detail:

Registration/Login

Would you like people to log in and register to use your app? If so, your app has to include this functionality. Popular alternatives for signing up include using social networks, such as Facebook accounts, or email addresses.
Users just need to provide your app permission to access their social account in order to sign up using this user-friendly method, which uses social login.

Push Notifications

Today’s mobile applications come equipped with push alerts. It makes it easier for businesses to give their clients real-time updates. You have a variety of choices, including plain text notifications and ones that include graphics and action buttons.
Push notification implementation must be done carefully if you’re creating a messaging program like WhatsApp. The right person needs to get the notifications.

Navigation

The main focus of app navigation is improving the user’s journey through your app. It outlines how users navigate between displays, access different features, and return to the previous screen or exit the program.
Before any development work starts, a meaningful user flow should be sketched out. Mobile apps are built on UI architecture.

Multimedia

A vital component of every mobile application is media content. To improve the overall user experience, your app should feature eye-catching graphics, videos, and sounds. You could also need to incorporate certain filters, effects, smileys, and so on depending on the breadth of your program.

Maps

One of the most important aspects of applications like Uber, Airbnb, or restaurant apps is geolocation. The maps function may be used by business applications to make it easier for consumers to find the store.
To make this functionality available, developers might need to incorporate services like Google Maps into the application.

Payments

Do you wish to directly sell goods or services through your app? Payment gateways must be included if you want to collect payments for products, courses, premium features, or subscriptions.
Payment gateways are a very popular functionality, and integrating them into your app won’t take too long.

Streaming

The media streaming function works with programs like Netflix, Hulu, HBO, and Twitch. The size of this feature determines how long and how much it will cost to build.
Do you prefer the “record-and-send” option, where users must download a local file, or do you like the users to get the information instantly? You must also take the format of the video or audio files into account.

Data Security

Cybercriminals and hackers nowadays are employing cutting-edge tactics to steal user data and vital corporate information. Mobile applications are becoming increasingly vulnerable to security breaches as they gain in popularity.

More than 80% of mobile app vulnerabilities may be taken advantage of via malware, according to PT Security research. Data encryption is important to prevent unauthorized access to the app’s data.

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