Whether you are an entrepreneur selling things offline but now willing to sell your products through online platforms?
Do you find e-commerce business appealing and wants to enter into this innovative method of selling your good and services?
If yes, you are at the right place in this blog, we will discuss the features, advantages and costs to develop an e-commerce website in India.
Over the last decade, it has been seen that the e-commerce industry has experienced a major boom. One of the reasons for this massive boost is that e-commerce allows consumers to shop from the comfort of their homes without any time constraints. You can order your preferred goods and services from an e-commerce website at any time or from any place.
Amazon, Flipkart, and JioMart are some of the giant e-commerce websites in India that are having a huge base of global customers. It has been estimated that by the end of the year 2022, there will be more than 2.14 billion users of e-commerce websites on a global level.
It has been estimated by experts in the e-commerce industry that the e-commerce market in India will rise to $111.4 billion by the end of the year 2025.
There will not be a best time than this to start an e-commerce business in India as the number of consumers preferring online shopping is increasing day by day.
We will be covering all the major aspects related to the development of e-commerce in India and the cost to build an e-commerce website. So let us start first by understanding what is an e-commerce website.
Table of Contents
What is an E-Commerce Website?
It would not be wrong if we say that creating a website for your business has not a choice but has become a necessity in the present era of digitalization. E-commerce means a business selling goods and services on the internet.
For instance, you must have ordered different physical things from Amazon or Myntra. Such types of businesses are known as working in the e-commerce industry. An e-commerce website is an online platform that would be allowing customers as well as other businesses to buy or sell not only physical goods and services but also digital products.
Here we are referring the digital products as buying any software or taking a paid subscription to Netflix, Amazon Prime etc. An e-commerce business would be that that accept payments, process orders, manage logistics and shipping-related matters and offers customer service through an e-commerce website.
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Types of E-Commerce Business Models
There are majorly 4 types of e-commerce business models. Let us give an insight into those models for better understanding.
- B2C (Business to Consumer): This is the most common e-commerce model where the selling and purchasing of goods and services will take place between a business and a consumer. For instance, when you will be purchasing a grocery item from JioMart, it would be a B2C business model.
- B2B (Business to Business): It is a business model in which the products or services will be either exchanged or sold between two businesses. For instance, you are doing the business of selling medicines through an e-commerce platform and purchasing those medicines to sell from an online wholesaler store.
- C2B (Consumer to Business): Consumers can also offer their business to e-commerce websites. Here we can understand it properly by taking examples of the different freelancing websites where experts are offering their professional services.
- C2C (Consumer to Consumer): In this type of e-commerce model, one consumer would be selling products or services to another consumer. Here we can take the example of Olx and Quickr where one consumer buys or sells goods and services to another.
As we have discussed the e-commerce website and different models of e-commerce business models. So now let us discuss some of the major advantages of an e-commerce website.
Advantages of E-Commerce Website
Due to the busy lifestyle of people, it has become a very hectic task for an individual to save time for shopping by visiting offline stores. There are time constraints issues also due to professional and personal commitments of individuals and they did not get time to go to market. Irrespective of the fact whether you are a start-up business or a well-established brand, if you want to reach more customers, an e-commerce website will benefit you.
Let us discuss some of the major benefits of an e-commerce website.
- Helps in Enhancing Customer Base
It is a fact that if your business would be having a website, it will help in taking your business a step further. With an e-commerce website, you will be able to serve customers on a global level irrespective of geographical and time zone constraints.
- Cost-Efficient
If you compare the cost of establishing an offline business and developing an e-commerce website, the cost to make an e-commerce website is always a cost-efficient option.
By developing an e-commerce website for your business, you can save money on different aspects such as employing a workforce, developing infrastructure and other related expenses.
- Efficient Method of Promotion
Marketing and promotional techniques are the keys to success for every business organization. It is a fact that the website of your business would be the best way to promote your business by making aware your target customers of the products and services that you offer.
However, you must consider the fact that it is very necessary to optimize your website. The e-commerce website of your business should be user-friendly as through this you will be able to attract more customers.
- Helps in Business Scaling
If your business would be having a website, it would be helping in scaling your business by enhancing the product range and adding new payment options. Also, you will not be having the headache of maintaining a physical store while planning to expand your business.
By the above discussion, you must have properly understood about ample advantages of developing an e-commerce website. However, it is very necessary that while developing the e-commerce site for your business, you must focus on its features. So let us discuss some of the major features that should be incorporated into your e-commerce website.
Must-Have Features of E-Commerce Website
- Must be User-Friendly
It is a general human tendency that we avoid or ignore such things that are complicated to understand. The same thing applies to an e-commerce website also. If the functioning and operation of your website would be difficult or complex, customers will not prefer to buy products and services from your e-commerce website.
By considering this factor, the functionality of your e-commerce website should be user-friendly. It would be helping in encouraging more customers to come to your business website.
- Easy Cart and Check-Out Features
For encouraging customers to your e-commerce website, it is required that cart and check-out buttons should be there in the noticeable places of the site. A user after clicking on the buttons must be able to review all the relevant details about the products or services which he has chosen.
There must be the feature of saving a product to the cart to buy it later and removing any product directly from the cart.
- Advanced Options for Payment
Your e-commerce website must be offering multi-payment options. Nowadays majority of the consumers prefer to pay online rather than cash-on-delivery. Your e-commerce website must be accepting the debit card/credit card/net banking of all the major banks.
Your e-commerce website should also be accepting payment through major wallets such as Paytm, Phone Pay, Amazon Pay, Google Pay etc.
- Advanced Security Features
The security of your e-commerce website and user information must be given top priority because you will be managing a lot of sensitive user data, including credit/debit card numbers, emails, and other information.
Cost to Develop an E-Commerce Website
Different factors impact the cost to create an e-commerce website. Some of those factors are what type of e-commerce website you want to develop, the functionalities and features you want to incorporate and the developer you choose. However, we can provide you with the estimated cost of different kinds of e-commerce websites as follows:
- Small Ecommerce Website Development Cost: ₹15,000 to ₹35,000 ( Single Vendor)
- Medium Ecommerce Website Development Cost: ₹40,000 to ₹70,000 ( Single Vendor)
- Large Ecommerce Website Development Cost: ₹80,000 to ₹3,000,00 ( Multi-Vendor)
Why Choose Technoloader as Your E-Commerce Website Developer?
Technoloader is one of the best E-Commerce Website Development companies in India. They have a team of highly skilled developers who are experienced in developing advanced websites for their clients. They have a huge list of satisfied clients who are attaining huge profits through the e-commerce website developed by us.
Our e-commerce website development services are very cost-efficient which makes it feasible for start-ups and small business organizations also. We are specialized in offering such a website that will be equipped with all the advanced functionalities and security-related features.
If you are planning to develop an e-commerce site for your business, contact our developers through our website. We ensure you that by availing of our services, you will touch the heights of the e-commerce industry in a very less time.
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