Is it necessary for an online store to have its mobile application? Will the investment justify itself? And what will be the payoff? Know all these details in this article.
Want to make your business a mobile app? Then you can connect with an android app development company.
The Popularity of Mobile E-Commerce Applications: What Do Studies Say?
90% of the time mobile device users spend on applications & only 10% surf the Internet.
58% of smartphone owners in the US use their gadgets for online shopping, & 66% of them do it weekly.
4 E-Commerce apps are installed on average on the smartphones of Americans & 29% of them are used weekly for online purchases.
85% of smartphone users prefer a mobile application to a website.
In the UK, 40 of the 50 major online retailers have mobile apps.
Let's take a look at why the app solves these marketing problems better than a mobile site.
Advantages of the mobile application for the E-Commerce segment
1. Mobile applications are more convenient and faster than mobile sites.
The high pace of life makes users very demanding on the speed of loading sites and online stores on the screens of gadgets.
In this respect, applications by the android app development company are beyond competition: They load faster than mobile sites, as they retain user settings and do not require downloading all content in the browser.
In addition to speed, applications are superior to websites in the following aspects:
Admittance to the local elements of the cell phone (camcorder, GPS guide, voice acknowledgment capabilities),
Intuitiveness (coordination with informal organizations) and personalization of content
Convenience and better transformation for cell phones
It is well known that users choose what is faster and more convenient, which means that your customers will probably prefer an application on Android or iOS to a mobile site.
2. Mobile applications increase customer loyalty.
The Customer Retention Rate (CRR) of apps is 50% higher than that of mobile sites. It means that the application in comparison with the browser version of the online store doubles the likelihood of repeated purchases.
The reasons for the high CRR of applications are related to the fact that the phone is always at hand, and the utility icon, like a catchy banner, constantly reminds the user of the opportunity to purchase the network.
3. Apps are better at converting visitors into shoppers and increasing store sales.
Research demonstrates that mobile applications increase sales and revenues of projects in the e-Commerce and m-Commerce segments. The conversion rate (Conversion Rate, CR) of applications is 200% higher than that of mobile sites; the average order value (AOV) of applications is 140% higher than that of the mobile version of the web resource. The bounce rate at the checkout stage (Shopping cart abandonment rate, SCAR) in applications is only 20%, while in mobile versions of the site - 97%, and in desktop versions - 68%. The mobile app development company also gives analytics that their demand increases in the market by 60%.
Applications dispose of users of purchases, especially since their functionality allows you to pay for the order in one click.
4. Applications provide a higher level of interaction with the customer.
Applications allow you to effectively influence smartphone users by sending push notifications with advertising messages and promotions (if users have not disabled this function on their gadgets).
According to research, push notifications are more effective than sending e-mail and SMS messages for the following reasons:
Instant delivery to the addressee & large audience coverage;
Average Open Rage (AOR) 90%, with 23% for e-mail messages;
Low cost of the advertising campaign;
Absence of spam and malware;
Low failure rate;
Possibility to use the Deep Linking tool.
Competent sending of push notifications can convert users into buyers and return interest in the application of "sleeping" customers.
Findings:
Over the past few years, e-commerce has been moving by leaps & bounds to the mobile plane. Just like apps the demand for e-commerce website development company is also high. Given current trends, the development of applications for mobile devices will provide online stores with a competitive advantage, and increase sales and customer loyalty to the brand. Without a doubt, the future belongs to mobile applications.
Smartphones allow users to order almost any product they need anytime and anywhere, allowing businesses to actively interact with potential customers, and get the most out of their marketing activities.
This article is helpful and educational to you. If you need more information, then stay tuned here. Or if you want to make your mobile app, then connected with an android app development company & build the app that brings your benefits.







