Types of eCommerce Mobile Apps
If you want your own e-commerce mobile app then it is quite important to get familiar with its majorly used types. This will help you to choose a better and sustainable business model for your business. It will help you to target your audience in more effective and way and it will ensure amazing business growth.
Online Shopping Mobile App
Amazon is the biggest example of such mobile applications; every common customer is familiar with the Amazon mobile app from where they can buy anything from a toothbrush to a brand-new iPhone. Hence, if you are trying to sell general consumer-based items then this type of mobile app is the right choice for you. But this is not it, these online shopping apps do not have to be only like Amazon-based business model. You can sell items of a specific category as well. For example, you can have an app that only sells clothing items or a shopping app that sells only gifts and toys.
B2B eCommerce Mobile App
The B2B eCommerce mobile apps mostly comprise those apps that are used for purchasing between business to business purposes only. The best example of such an app is Alibaba where businesses and individuals can purchase goods in large quantities. Such a marketplace is not limited only to shopping in large quantities, these market places can sell items of large capacities as well. For example, such platforms may sell large machinery and equipment for industrial purposes as well. The scope of such applications is limitless.
B2C eCommerce Mobile App
As the name suggests such applications serve their purposes in business to the customer system. It simply means that there is an eCommerce mobile app that sells goods and services directly to individual customers. Such apps can provide products of fashion, education, electronics, and any other industry. Either you can develop one large all-inclusive marketplace like Amazon or you can go for a niche-based shopping app that sells stuff related to one industry only.
eCommerce Aggregators Mobile App
This might be the new concept for you, an eCommerce aggregator mobile app serves the same purpose as an aggregator in a real-life case. In other words, an eCommerce aggregator mobile app is an app that lies between the end-user and the service provider and provides the service to the end-users on behalf of the main service provider. Various food delivery apps and movers & packers apps are the best examples of such a business model. This type of mobile apps does not require your own infrastructure, all you need to have is a great e-commerce mobile app and some reliable ecommerce app development services providers who will provide the services.
Auction/Bidding eCommerce App
Auction and Bidding eCommerce apps have been trending lately because of their ability to capture wider customer-base and reduce the cost of auction venue and auctioneers. However, the concept of such a business model is leveraged by many general shopping apps and some service-based e-commerce apps as well. For example, eBay is a shopping platform but it also lets users place auction and bidding. However, there can be stand-alone auction and bidding apps as well.
Ticketing & Booking eCommerce Mobile App
From movies to music concerts, you can book tickets for any show with the help of this type of eCommerce mobile app. Ticketing and booking apps allow users to book a ticket to music concerts, travel, hotels, parties, etc. It is a fast and convenient medium for people to have new experiences and get socialize with people. Investing is such apps do not require large infrastructure, a ticketing and booking e-commerce mobile serve a medium to book tickets only between the customers and the event organizer.
Why Invest in an eCommerce Mobile App?
It’s 2020 already and according to research, it is expected that by the year 2040 over 95% purchases would be made via online platforms. Now that may give you the bigger picture of the market of eCommerce business and its limitless possibilities. However, talking about the numbers it has been mentioned that the global e-commerce business is going to swell up to 4.5 trillion USD worth of sales year 2021 and that is just the next year. If you are having a hard time wrapping your head around these numbers then let me break it down to the country-level for you.
By the year 2024, the total worth of sales is going to cross 600 billion USD in the United States alone. The comfort of e-commerce shopping is the only reason behind the success of eCommerce businesses around the world. From large companies to small vendors from the corner of the streets have started selling products on platforms like Amazon, eBay, Etsy, Flipkart and many more.
Speaking for comfort, here is an amusing fact for you, according to a recent survey, 43% of people have claimed that they purchase things online while they are in bed. Now it wouldn’t a rocket scientist to figure out that e-commerce business is going to grow like anything and e-commerce mobile app is the flagship behind this revolutionary growth of this market.
Retail e-commerce sales in the United States from 2017 to 2024
So, create a shopping app and reap the benefits by investing a little in mobile app development services.
Things to consider before developing an eCommerce Mobile App
A new venture requires you to get a 360-degree view of the atmosphere you are entering into. Therefore, to offer you all the aspects of an eCommerce or shopping mobile app development, mobile app development, here are some of the things that you must consider before proceeding to the development step. However, a reliable eCommerce app development company will offer you all these details but I think a good heads up is always a good idea.
Your budget is the most crucial thing that you need to take into account when you start off with this new venture. Because it is your budget that is going to define the type of your eCommerce mobile app as well. Some of the factors that are going to stretch and shrink according to your budget is the business model of your app, whether you should have your own infrastructure or should you work as just a medium between service providers and consumers, and many more factors that are going to affect the initial state of your app on the basis of your budget.
However, your budget does not define the success of your eCommerce business but it may define the initial style of your business approach.
The market study is like fortifying your business idea for all the potential market risks. A careful market study will let you know all the essential market data like opportunities, audience behavior, expansion possibilities, and also the future of the business as well, and remember a reliable data will always help you to drive your business in the right direction.
It is true what they say, keep your friends close and enemies closer. It will provide you a huge jump start if you do a deep analysis of your competitors. It will enlighten you about their strategies to approach the market and maybe the secrets behind their success. So, after a good competitor analysis, you have their secrets of success and when you put your strategies together, who knows you might get something that can result in radical business growth. I am not saying out of optimism because it is real, my optimism is the result of the calculated analysis.
Mobile App Platforms
The hardware and software technologies are evolving every single day at an unfathomable speed. Android and iOS are two operating systems that have divided the user-base into two segments of customers of different orientations. Hence, if you want to capture a larger customer base for your eCommerce business then you must be willing to get your app developed for both mobile platforms. Furthermore, the modern time is not limited to only smartphones platforms, but there are other mobile platforms as well such as wearables. Hence, there can be an eCommerce app that allows users to order things from their smartwatches as well.
Depending on the type of app model you choose, you will have to study what kind of infrastructure you need for your online eCommerce business. There are many things involved in your eCommerce business that can further constitute a sustainable infrastructure. It can be the size of the team, delivery partners, service providers, warehouses, staff members, etc. Therefore, it is important to consider all the aspects of online shopping app development.
The way how your shopping app looks and feels defines the overall user-engagement and it is a huge driving force behind the success of your business. The market is constantly changing and competition is getting thicker than ever before. Therefore, in order to not only survive but also grow in this harsh environment, you will have to offer something that no one can. An enticing design and easy navigation are unsung heroes that will engage users into an unforgettable experience of your application.
MVP or Full-Fledged Product
A minimum viable product (MVP) is a version of an app that has only essential features and functionalities that are necessary in order to offer its basic services. On the other hand, a fully-fledged shopping mobile app has all not only essential features but also the additional features and functionalities that are necessary to enhance user experience and engage users into a great shopping experience. Hence the latter option is always suitable for having an edge over your competition.
3rd Party Alliance
An eCommerce business comprises various individual businesses working together as a team. Therefore, if you are starting an eCommerce business then you will have to rely on a couple of different service providers as well, they are called 3rd party alliances. Therefore, you need to consider them as an important element of your business as well. These 3rd party alliances can be anyone like warehouse providers, logistics service providers, delivery partners, etc.
Geography Specific Regulations
An eCommerce business comprises many services and products and chances are some of them are under governmental regulations. For example, if you are dealing in medicine delivery service then there are some drugs that might be illegal of the service itself could be a violation of the law. Therefore, you need to take care of all these geography-specific regulations as well in your target region.
Business Models of an eCommerce Mobile App
After talking about the types of eCommerce apps let’s talk about its business models. These business models define the way you interact with your customers. You can choose from the following widely used business models for your eCommerce business.
B2B Business Model
As the name suggests a business to business (B2B) model deals in provide goods and services from business to another. Any business that provides heavy machinery, corporate furniture, software companies come under this category of eCommerce business model.
B2C Business Model
Business to consumer business model is a widely perceived model when considered a general picture of an eCommerce business model. In this model, as we know, the product and services are sold from business to the consumers online, just like an offline retail store.
C2C Business Model
A consumer to consumer business model may seem foreign to us but we are quite familiar with it. A C2C business model allows individuals to sell products to another individual via an online medium. eBay and Amazon are the biggest examples of such business models.
C2B Business Model
A consumer to the business model may be a much unfamiliar concept for you but it’s been here for quite some time. In this model, consumer sells products and services as a sole proprietor to the businesses. The best example of such a business model is UpWork and Freelancer.
What are the general features of an eCommerce mobile app?
Product List & Categorization
Product Detailing (Image & Video gallery)
Personalized Results & Notifications
Product Comparison Tool
Active Subscription Plan
Set-up & Management of Multiple Stores
Automatic adjustment of Inventory on sale
Managing Catalogue & Orders
Login Input with Login ID & Password
Manage Users (Customer/Seller)
Manage Product category/subcategory
Manage Promotions, Rewards, Points
Click here for a full list of eCommerce Mobile App features (PDF)
Advanced Features that Make Your eCommerce Mobile App Stand Out
The eCommerce market is swarming with competition and alluring UX/UI is not the only thing that is going to help you much. Long-Term success depends on the service and experience you provide your customers. And it is always a great idea to incorporate some advanced features in your eCommerce app to make it as exciting as much as possible. However, there is no bar when it comes to creating new features for your app but here are some of the advanced features that have proved their worth in offering a phenomenal experience to the users.
We receive hundreds of push notification in a day from the apps installed on our smartphones. These push notifications show us reminders, alerts, updates, and much more important information in a very smart and intuitive way. If we observe carefully, push notifications can increase user engagement to a great extent. With the help of such notifications, your app can show customers new offers on your products and services, order confirmation, payment confirmation, etc. In a bigger picture, such notifications enhance the overall user experience of your customers.
Allowing users to log in and signup to your eCommerce app may seem a normal idea but it is as advanced as it can be. Let me tell you why there are tons of different apps in our smartphones that require us to sign up to them by making a separate user ID and password. With these credentials only we can log in to their apps. This leaves us an enigma of remembering so many user IDs and passwords which is practically impossible for us. Now imagine you can login to an eCommerce app with your Facebook or Gmail ID on your mobile device. With social login and signup, users can log in to your app with just one tap. This small step in convenience takes a giant leap on user experience.
Chatbot for customer support
Chatbot support makes any eCommerce app more interactive. A chatbot provides answers to the general questions of the customers. A smart chatbot saves a significant amount of time and investment in human resources. Hence, a chatbot is always a great addition to your eCommerce mobile app.
Efficient CRM Systems
A versatile customer relation management (CRM) helps you to execute several tasks in order to achieve its target i.e. managing a lasting relationship with your customers. It allows you to channelize your marketing strategies, execution, and reporting while helping you to gather, manage, and evaluate customer data in the most efficient way possible. Therefore, it is always a wise option to have powerful CRM for your shopping app.
Role-based dashboards are unique dashboards that show data that is relevant to the role of a particular admin. These dashboards are uniquely designed in order to provide entire real-time data of the application on different dashboards. It helps admins to get a better understanding of the data without any distractions.
Real-time analytics information of great value for an eCommerce mobile app. It shows real-time data of your mobile app pertaining to transactions, online users, most trending item or service purchased, most active regions, etc. All this little information constitutes to become a piece of useful information that becomes the reason behind solid marketing decisions for maximum success.
Business Intelligence (BI) is one quite amazing addition to your eCommerce app. The purpose of business intelligence is to allow you to manage and monitor your app data while offering extraordinary ability to maintain data. It utilizes this entire information for data visualization that helps you to take a look at your app data in a comprehensive visualized form. BI also provides reliable business insights based on the data as well. These insights help you make better business decisions.
Behavior tracking is a modern feature that tracks the behavior of individual customers on the application and by using this information, the app shows the user more relevant suggestions. It is also a great step towards making the app more customer-oriented.
Having some powerful and automated marketing tools is always a good option to streamline your marketing practices to ensure maximum ROI.
Multiple payment gateways
Just like smartphone platforms, people are loyal to their payment mediums as well. Therefore, having multiple payment gateways integrated into your app will keep every customer happy.
Multiple lingual & currency
If your idea is to expand your eCommerce business to over the boarders then your eCommerce app must support multiple languages and be able to accept different currencies as well. These features will give your users a more personalized and seamless shopping experience.
It is a new trend in eCommerce apps to show product videos with pictures. A video is a more immersive experience for a customer and it gives a better idea of the product as well. It is simply an amazing feature for your customers.
Delivery Boy App
A delivery boy app serves as a medium between admin, delivery person, and the customer. The admin can assign the deliveries to the delivery person and with tracking features, he/she can navigate to the delivery address. With embedded chat features, the delivery person can chat with the admin and customer as well. In addition, the app comprises all the necessary information regarding the delivery and customers.
The admin can also monitor the order and delivery status. For admin, this app has dedicated dashboards for advanced analytics. On the other hand, for delivery a person it has the ability to accept and decline the delivery assignment and many more feature to make delivery accurate.
Loyalty programs have gained a huge grip on almost all types of mobile apps and their popularity is skyrocketing every single day. They are a great market-movers when it comes to customer engagement. Therefore, having loyalty programs in your eCommerce app is definitely going to give it a significant boost to its user engagement. Let’s find out more about these loyalty programs and see how they are important.
What are loyalty programs?
In simple words, loyalty programs are reward programs for loyal customers of a mobile app. These loyalty programs comprise discount offers, special memberships, exclusive gift coupons, or any other forms of rewards.
Why should you incorporate loyalty programs in your eCommerce mobile app?
When you reward your loyal customers with such attractive loyalty programs then it motivates them to shop more from your application. In addition, these programs also encourage other customers to buy products and services from your eCommerce app and enjoy great offers. Hence, by giving a little back helps you gain a lot more. Therefore, loyalty programs are always a great option to ensure the success of your eCommerce app.
Types of loyalty programs
Just like features, you can always be creative with your loyalty programs. Here are some widely used loyalty programs that can help you grab the attention of your potential customers.
Reward Coin Collection
When a customer buys products or services of more than a predefined value then he/she earns some rewards points/coins on the proportion to the value of total shopping. These coins or points can be redeemed to get a discount on the next purchase from the application. It offers you eCommerce a video game-like immersive experience.
The referral programs are very common these days. It requires the customer to share your app with someone else in order to get some discount offers. And this chain further goes on and on and helps you build your customer-base wider and wider.
Badge Unlock System
It is simple psychology that people like to get recognized and special statuses. Therefore, this badge unlock system gives a badge of certain orders to the customers. The more they shop they higher order of badge they will get and each badge will help them to enjoy different services from the service provider.
Operational Systems of Your eCommerce Business
The eCommerce business is not limited to a mobile app only. There are several more aspects of the business that requires separate and customized system developed in order to run a seamless business operation. Let’s find out more about these operations systems that you may need for your eCommerce business.
Logistics is one of the most quintessential elements of every eCommerce business regardless of its type. Versatile logistics management helps you to manage vehicle information, maintenance updates, insurance management, fuel cost management, vehicle health management, driver information management, and many more management capabilities.
In an eCommerce business, to improve accuracy and productivity, powerful warehouse management plays a vital role. This operational system management helps you to manage, shipping, stock, product updates, order management, etc. to increase the automated process in order to increase productivity.
A quite important part of supply chain management, inventory management system allows you to manage the entire stock of products in the inventory. It holds the details of products and their quantities. The system makes the entire management automated to encourage productivity and efficiency.
Supply chain management
Supply chain management takes care of everything from products entering the warehouse to shipping to its address. It comprises inventory management, warehouse management, order management, product shipment, billing generation and many more functionalities to streamline the entire supply procedure.
ERP integration is for the eCommerce business of enterprise scale. It provides more powerful and efficient management, marketing, storage, reporting and analytics capabilities to the business owners. It also contains flexible scalability options that help in business expansion.
PIM Product Information Management
Product Information Management (PIM) is a centralized system for managing information on the product and services of any eCommerce business. It is a quite cost-effective system to manage various types of information on a large number of products and services.
POS Software Integration
Point of Sale or POS software integration is quite fascinating, yet revolutionary concept in the modern world. POS has become a great source of convenience in modern retail stores. they help in quick billing and check out at the cash register counter in retail stores. But they are also stored and manage entire data as well.
Marketing and sales management
Marketing and sales management tools are a crucial part of any eCommerce business because the might of such tools depends on the growth of the entire business. In order to channelize all marketing and sales information with intelligent analytics management, these tools help your business to get more out of your investment.
Payment Tools and Solutions
The payment tools and solutions include payment gateways, e-wallets, POS systems, security, and compliance. These play a vital role in making an eCommerce business more reliable and flawless.
Incorporate AR in your eCommerce Mobile App
Augmented Reality of AR is an amusing invention of this modern world. It’s giving various industries opportunities to explore its applications. No doubt eCommerce is one of those industries that has found some of its most lucrative purposes. Let’s find out more how eCommerce app developers are leveraging AR into mobile apps.
Imagine an eCommerce mobile app that uses your smartphone’s camera to show you how this particular flower vase would look in your home. The camera shows the real-time footage of your ambiance while the app augments the product you selected on this footage. This is how you get an idea of that particular product in a more interactive and immersive way.
Outfit Try Out
Mostly this facility is offered at physical retail stores where there are life-size displays that show you with the help of attached cameras. Now it virtually helps you to try different outfits by augmenting digitally made outfits. As a result, you can try different dresses without actually having to try them on.
Eyewear Try Out
It does not require you to visit a physical store, just like outfit try out, this type of AR helps you try the eyewear on your face. With the help of AR, you can try from thousands of different eyewear and buy the one that looks the best on you. It all can happen with just a smartphone app. For example, Lenskart is the company that is providing such a facility in its mobile app and website.
Furniture Try Out
If you want to buy any type of furniture and want to see how it would look in the particular area of your home then this type of AR integration is going to help you. You select any furniture check instantly how it would look in your home and buy the furniture instantly.
All these modes of AR integration are changing the way we used to shop from our mobile applications. The market of m-commerce is changing at an accelerating speed. And technologies like AR easily making their way into the market changing the way we do business. Hence, the only way to stay firm in the market is to adopt every new technology and put it to the best use.
Integrating AI into eCommerce Mobile Apps
Artificial Intelligence (AI) has been here for a while and it has gifted eCommerce mobile apps some really cool abilities. Artificial Intelligence is based on machine learning in which software learns from users and adapts according to their actions in order to provide suitable results. Let’s take a look at what AI has changed about modern eCommerce business.
Maybe you are familiar with voice support. It helps users to order any particular product with the help of a voice command of the user. It’s fast, simple, accurate and changing the way we shop online for good.
If you come across a beautiful dress and want to buy it online then this feature allows you to click the picture of that dress and search it on the online store. After then the AI does its magic and finds the same dress and similar-looking dress for you. The simplicity and ease have been taken to a whole new level with this feature. Features like this make your eCommerce app stand out from the rest.
Usually, a normal chatbot is a log of predefined answers to frequently asked questions. But an AI-powered chatbot is can adapt according to the situation and provide solutions and answer just like their human counterparts.
User Behavior Tracking
For a dedicated and customized user experience, user behavior tracking helps an eCommerce app to gather information about the possible preferences of particular users and use the information to offer personalized results.
Based on user behavior tracking AI-powered eCommerce mobile apps can give product recommendations to the users to enhance their shopping experience.
Advanced eCommerce Analytics
So much depends on the correct information on any business. It’s current performance, growth possibilities, future marketing strategies, ways to avoid market challenges, and many more little things that are responsible for the growth of a business. eCommerce business is no exception. Here are the following analytics that is crucial for your eCommerce business.
Special systems can be designed and customized according to your business needs that offers you real-time reporting of your eCommerce business performance. Real-time reporting comprises almost every aspect of your business and representing in a comprehensive visualized form.
Real-Time User Insights
From user behavior to current stats of the users can be checked with the help of real-time user insights. It helps you to understand user behavior, their driving force, their inclination, etc. these details further help you to customize profitable services and offers to ensure your business growth.
Real-time analytics and dashboards showcase every single data of your eCommerce business. From money transactions to insights on marketing campaigns, these analytics comprise everything. The valuable business insights help you to comprehend your business in a better way which further leads you to make solid business decisions that result in success.
Integrating IoT in eCommerce
Internet of Things (IoT) is yet another modern invention that has revolutionized the entire concept of connectedness. Like any other interesting technology, it has also affected the eCommerce business as well. Let’s find out some examples of IoT in the eCommerce business.
Beacons are small transmitters that can send notifications to smartphones if we go near them. Usually, these are used in physical retail stores. These beacon devices read the items in our wish list or in our e-carts to sent notifications about discount offers or availability in the physical store as we walk by these stores. It is quite amazing to see it happening in real life.
The biggest example of IoT and eCommerce supported by voice commands is Amazon’s Alexa devices. These little speakers are a part of the smart home IoT device family and are activated by voice commands. Hence, if you want to order coffee from Amazon then all you need to do is give a command to Alexa and it will place an order on your behalf. How cool is that?
What Tech Stack is Required for eCommerce App Development?
Now that we have talked about almost every aspect of eCommerce app development let’s talk about the technologies used in the development of an app. A good company will always use the proven and modern technologies to develop your eCommerce mobile app so that it can have the best performance, features, security, and scalability options. In addition, using the right technologies for development also makes support and maintenance easy for you. Therefore, it is very important to use the right technologies for your eCommerce app development. Let’s find out what are some of the best options for you.
What Team Structure is Required for eCommerce App Development?
Finding the right team of eCommerce app developers is the very first thing you should consider when you think of an idea of developing a successful eCommerce mobile app. Because an experienced and driven team will help you with your every vision and will develop an app that is built according to your vision. In other words, the team of professionals will help you to turn your vision into reality. Furthermore, they will also guide you during the development of the app to ensure the highest quality of work is delivered to you. And in every team, every person plays a different and important role in order to achieve perfection in every aspect of app development.
Make sure your team of eCommerce app development has the following members to ensure a great quality of the app.
Also Read: How To Develop An eCommerce Website? – Features & Cost Estimate
Outsource Team vs In-House Team
Now if you are thinking of hiring a team for your eCommerce app development then you have two options, either you outsource this task to a company or you hire an in-house team. Both options have their own pros and cons. For example, if you want to hire an in-house team then first of all hiring an entire team is a challenging and time-consuming task. In addition, having an in-house team costs a lot of money. The cost of salary and infrastructure may increase the cost of development in many folds. However, it gives you more control over the entire development process.
On the other hand, hiring a team from an IT company costs way less than having your own team. If you hire companies from southern Asia then the cost of development can go even lower while offering you the same quality of work. As far as the control over development is concerned, these outsourcing companies allow maintaining an uninterrupted connection with you that allows you to keep everything in check.
So, you can decide which way to go now.
Outsourcing to Individuals vs Outsourcing to a Company
It may seem tempting that outsourcing your eCommerce app development task to some individuals can save you some money. But it comes at a price, a price of security, quality, and reliability. However, outsourcing to a reputed eCommerce app development company will always give you full security and assurance of quality developments service with great customer support and maintenance services.
Engagement Models to Consider while Hiring Developers
If you are planning to hire developers from a reliable company then chances are you will be offered to hire those developers according to the following engagement models.
On-Site Engagement Model
In the on-site engagement model, the developers will come to your premises and utilize your infrastructure during the development of your eCommerce app.
Off-Site Engagement Model
The off-site engagement model is the opposite of an on-site engagement model. In this model, the developers will work from their company only and will keep you in updated about the development of your eCommerce app.
Hybrid Engagement Model
As the name suggests, a hybrid engagement model is the combination of the fore-mentioned engagement models where developers would offer occasional visits to your premises in order to carry on the entire development process.
Things to consider while talking to a company
Now that you’re ready to talk to the company for your eCommerce app development. Here are a few questions that you must include in your conversation with the suitable company.
About the Company
When was the company established?
How many professionals are working in your company?
Showcase your portfolio for a similar domain.
What will be the medium of our communication?
About the development Process
How much of my input do you require during the app development?
What are the stages of the entire project and what is the time frame of each stage?
What will you do you analyze market conditions for my business domain and what is your strategy for competitor analysis?
Reporting and Analytics
How much does it cost to develop an eCommerce mobile app?
Now coming down to the question that matters the most, how much does it exactly cost to develop an eCommerce mobile app? Well, to be honest, there are many factors that affect the overall cost of the entire development. These factors can significantly affect the cost of app development. Following are those factors-
Number of Features- The cost of development can vary between an MVP version of the app and a fully-fledged app. Therefore, it is up to you to decide what type of app you want at the beginning of your eCommerce business.
Number of Platforms- Whether you are building the eCommerce app for Android or iOS or both. More platforms simply mean more cost of development. Therefore, choose accordingly.
Native Apps or Hybrid- Hybrid app may offer you a better time to market but the performance and consistency of native apps are still unmatched. Getting native apps for different platforms will cost more than getting a hybrid app.
Outsource or In-House- Having your own in-house team will cost you way more than outsourcing the development project to a reliable company.
Region of Development- If you are getting your eCommerce mobile app developed in southern Asian countries then it will cost you way lesser than what it will cost in the USA, UK, and Australia even while having the same quality of development and app performance.
Hence these are the major factors that affect the overall cost of development of an eCommerce mobile application.
But just to give you an idea, if you go for an MVP model app then it may cost you around 50,000 USD to 80,000 USD. An MVP model but with some extra features and enhanced UX/UI may cost you somewhere around 80,000 USD to 120,000 USD.
On the other hand, a fully-fledged eCommerce mobile app with modern UX/UI and advanced features may cost you around 150,000 USD to 220,000 USD.