Understanding Costs & Key Factors For Building an eCommerce App Like Ozsale
Online shopping has grown tremendously, pushing businesses to adapt to the digital switch and evolve with innovative eCommerce apps. Today, shopping can be done with a few clicks, as buyers just need an app to browse items, place orders, and get them delivered instantly. With thousands of e-commerce launching every year, customers expect ease and convenience that can simplify their tasks and unlock endless possibilities.
One of the top eCommerce apps in Australia is Ozsale, which is known for its capability to captivate users with unique and appealing offerings. If you are planning to build a successful eCommerce app like Ozsale, it is crucial to create a unique, seamless, and immersive shopping experience for your customers. In this blog, we will figure out everything that we must know whether it’s the cost to create an app similar to Ozsale or factors impacting the development of such top eCommerce apps.
What Makes Ozsale App So Popular in the eCommerce Market?
The Australian e-commerce market is growing rapidly and is expected to increase by $20.9Bn from 2024 to 2029, showing around a 56.33% rise. Ozsale is a well-known eCommerce app that was launched in 2006 in Sydney, Australia. The app offers daily sale events which are followed by discounts on many products. Their focus on providing premium goods from top brands helped it expand its business and build a name in the competitive e-commerce market.
Ozsale was later purchased by the APAC Sale Group in 2010, which gave the business the capital & everything it required to excel. This led to a huge change, enabling the app to implement new features for enhanced user experiences. Today, the app is known as one of the best shopping portals in Australia that offers a wide range of products in multiple categories, such as home décor, fashion, electronics, lifestyle, and more. Additionally, the app has global net sales exceeding $31.8Mn in 2023 with a total funding of $14.5Mn.
Some of the main features that make the Ozsale app successful are flash sales and limited-period offers, support for multiple payment modes, tailored user experiences, a hassle-free registration process, smart push notifications, advanced search filters, a wishlist feature to save products for later, etc.
Key Factors Impacting the Development Cost of eCommerce app like Ozsale
Before you start with the development process of an eCommerce app in the competitive market, the main thing that you may be wondering about is the cost to develop app in Australia. On average, the cost of building an eCommerce app may come to around $40k to $300k, depending on the complexities and features added to the app.
Though finding the actual app development cost is not possible, we can explore some of the main factors that impact the app development cost of building a similar app like Ozsale.
- Complexity of the App
One of the important aspects of building an eCommerce app is the complexity of the app, which plays a great role in determining its cost. These apps offer advanced functionalities such as personalized user experiences, real-time analytics, and multiple payment gateway integrations, which require more development time and specialized skills to develop.
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- Basic-level apps
If you are planning to build a basic app with essential features only, such as an app for product listing and minimal user management, the cost will be significantly lower.
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- Medium-level apps
If you want to incorporate advanced features in your app such as push notifications, personalized recommendations, and various user roles (e.g., customers, administrators, sellers), this increases the cost. However, these enhancements are crucial for enterprise-level eCommerce apps, as they help in improving functionality for larger businesses.
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- Highly Complex apps
For building an app similar to Ozsale that offers seamless inventory management, flash sales capabilities, social media integration, and more, development costs can exceed $100k based on factors such as geographical location and hiring a top-class development team.
- Complexity of App Design
To make the app successful, it is important to focus on user-friendliness and visually appealing app design. You can invest in a custom design of your app that ensures a smooth user experience, which will lead to higher costs for working with skilled UI/UX designers. Design expenses can differ based on the simplicity or complexity of the desired interface.
- App Platforms
Another important factor that contributes to the development cost is the choice of building your mobile app for iOS, Android, or both platforms. If you are building the app for both platforms, this will require additional time, testing, and resources, which will lead to higher expenses.
- Third-Party App Integrations
To ensure a smooth eCommerce experience like Ozsale, you must integrate multiple third-party services like payment gateways, shipping providers, and analytics tools. They help boost customer engagement and make many customers appreciate personalized features.
- Backend Development of App
This is the heart of your app, which means the backend development is responsible for user management, order processing, and payment handling. That is why, creating a robust backend for a mobile commerce app is a must to support thousands of users and real-time transactions. Based on the app architecture and complexity, the development cost for backend development can come between $25k and $60k.
- Maintenance and Updates
The expenses don’t end even after the app is launched, which is why one must set aside a budget for app maintenance, bug fixes, and updates. These expenses can come between 15% and 20% of the initial development cost.
Final Thoughts
As we can see, building an app like Ozsale will come with significant expenses, but this investment has the potential to unlock maximum returns. Ensure that you go through the points stated above to help you plan better and allocate resources for your eCommerce app development phases from initiation to deployment. With the growing demand for mobile shopping, building a good eCommerce app can be a wise choice to expand your business market reach, achieve higher sales, and boost customer loyalty.
Clavax is a leading firm for app development in Sydney having expertise in creating personalized eCommerce solutions aligned with different business needs. Connect with our development experts today to turn your vision into reality and take your business to the next level with an award-winning eCommerce app.