Undoubtedly, rapidly increasing technology has revolutionized business trends. Gone are those days when people prefer visiting their local market with a list of items in hand. In fact, with the increasing smartphone users all across the globe, 63% of shopping initiated online and half of the consumers shop more online than in-store.
Moreover, according to the latest commerce reports, the conversion rates from mobile apps are three times higher than mobile sites or desktops.
- The revenue generated from mobile commerce sales was dollar 156 billion in 2017 which is expected to reach $420 billion in 2021.
- As per the latest eCommerce market report, the number of users is expected to amount to 4,636.3 million by 2024.
- The average user penetration is 46.6% in 2020 and expected to hit 60.0% by 2024.
- In March 2020, the statistics show that the Amazon shopping app was the most downloaded app on Google Play Store worldwide. It has been downloaded approximately 3.82 million times to mobile devices globally.
- The most downloaded eCommerce shopping apps in Southeast Asia by country and Amazon is one of the common eCommerce apps that has been widely used in the world.
These are really big figures that can’t be ignored by businesses if they really want to survive in the next decades. So, shifting your business to a digital platform is one of the worthy decisions for businesses in 2020.
Now the central question is, how to become the next Amazon giant?
Let’s get started with the process!
No matter whether you are a starter, enterprise, or a leading brand, if you want to develop an outstanding e-commerce app like Amazon, you need to focus on these few points:
- Conduct Detailed Market Research to Understand Competitor
- Integrate Best Essential Features to Enhance Its Functionality
- Choose Appropriate Platform To Develop An App
- Hire the Best Team of Developers for Designing
- Determine What Exactly It Will Cost You To Develop an App Like Amazon?
#startup #amazon #mobile-app-development #technology #mobile-apps