How Much Does It Cost to Develop Mobile App Like Souq?

In the world of digitalization, e-commerce platforms are playing an important role in everyone's life. We all look for efficient application solutions for the e-commerce business. Ecommerce apps like Souq are a convenient platform for buyers and sellers to interact in the Arab region.

Additionally, it provides a marketplace where buying and selling goods and services can take place quicker, affordable, and more comfortable than an offline market. However, if you are a new or an established community in the eCommerce business, this post will help you understand What is SOUQ? What are its salient features? How Much Does it Cost to Develop Mobile App like Souq?

When SOUQ Mobile App launched and its functionality?

Like any other e-commerce application, SOUQ is also a one-click shopping e-commerce platform. This mobile app came into the market with a motive to become a more customer-centric product in Arabic countries.

Souq.com was launched in the year 2005, for the Arab people. As of now, after 1st May 2019, it is named as Amazon.ae. According to the report on SOUQ, Amazon has successfully acquired souq for a price of $580 million. However, the name has been changed from Souq.com to Amazon.ae but the customers and the administration stayed the same.

While doing the research on Souq.com, it found in March 2017, the souq e-commerce platform sold 8,4 million products in 31 categories and had about 45 million visits per month.

The integration of SOUQ and Amazon will have a profound effect on the availability of e-commerce goods in the Middle East region.

Furthermore, it delivers a convenient, secure, and cost-effective platform for both retail business and online marketplace where enterprises can distribute their products and services.

With active users of over a million, SOUQ provides an end-to-end e-commerce solution to sellers.

Its user-friendly features allow the user to easily set up an online store without facing any hassle.

The most important feature of this e-commerce mobile application is that it requires a very minimal amount of investment at its initial phase.

This application is embedded with easy-to-use tools. If you are a small or medium enterprise, you can effectively use its tools to build and manage your own business.

Salient features of e-commerce mobile app SOUQ:

MLM(Multi-Level-Marketing):

SOUQ provides a business opportunity for a seller to sell its products to family and friends or even you can recruit other people to do the same. This kind of business or multi-level marketing (MLM) is a low-risk business, so anyone can start their business without worrying about failure.

##Application Supports Multi-language:

Language features in any application play an important role, as they offer a smooth interface. This e-commerce mobile application supports multi-language functionality that attracts a wider audience to make use of it.

Here you can easily append more languages to interact with your customer. Multi-language makes the audience more comfortable to use this type of app.

##Easily Add or Edit of Products

Easy adding and editing options allow vendors to add new products and edit existing ones. Vendors can perform activities like giving unique item code, name, variation in pricing for products, tax configuration, and much more. The application allows the venders to make the changes in the content of the products from any place and on time.

Secure Transaction Process:

For every user, it becomes important to use secure and protected mobile applications. SOUQ offers a secure system for customers to have a better purchasing experience. It allows authenticate and automatic OTP procedure for the transaction.

Offers Add to Cart of Products:

For mobile shoppers, Add to cart of products is the most appealing feature as it saves a lot of browsing time on a smaller screen. This feature allows the customer to save items “for later” purchase.

Further, if at that moment, customers don't purchase and have Add to cart the item, then whenever they return to your store can find their item easily. As a vendor, you get the opportunity to pull your existing customer by offering exciting gifts and offers.

Flexible delivery methods:

The flexible delivery methods in the application are must as it provides various product delivery options as per customer choice. This feature is important because it helps the customer to choose the delivery address of their choice for the purchasing of the products.

Specific dashboard for vendors:

This type of mobile application offers a specific dashboard for vendors where they have the authority to manage various operations. The vendors can easily conduct transactions, manage purchases, be able to add items into their store, and much more. Vendors can even generate invoices, credit memos, sending the credit memo, and delivery of orders.

Customized homepage for the customer:

The homepage for the customer allows them to explore the products and discounts offered by the different sellers. This feature helps the customer in the purchasing experience, as there is detailed importation of the products on their screen.

Location tracking::

SOUQ has GPS functionality, with the help of which vendors can track the location of their customers. On the other hand, customers can choose the seller of their desired location. This feature helps both sellers and buyers to have location-specific products.

Feedback and ratings:

Feedback and ratings are the most crucial feature any customer looks for. With the use of this feature, a buyer can rate product quality. of any product they buy. The feedback given by the buyers helps other customers to have a successful purchase.

Important aspects on which the cost to make an app like Souq depends:

If you are looking to make your business online, there might be several queries in your mind such as: which e-commerce platform is required for the store? What would be the cost to develop an online store?.

The answer to this question can be found in this place. As we know the e-commerce industry is undergoing many modern evolutions with the origin of the latest technologies. As a business holder, you want to involve such technologies for attaining great success.

Mobile apps development is an important part of setting an online business. E-commerce platforms have helped many vendors to stand out in this competitive world. A multi-vendor app is a booming aspect of the eCommerce marketplace.

The business holders can sell their products to the customers at the click of fingertips. It increases the vendors’ efficiency to manage the inventory and orders from any place. If you are looking to grow and expand your business to the next level the e-commerce app is the best option.

Although, the cost of building a mobile application depends on a variety of factors. Below is the list of some important aspects that need to be taken into consideration.

App platform:

The cost of developing a mobile application depends on what type of platform vendors are selecting for their store. The cost also depends on the operating system. The cost to develop an android application is much cheaper than the cost of any iOS application.

But while choosing the OS for your app, you must be aware of the statistics on the user preferred app. Furthermore, according to the research, Android users are more than iOS users. So, you can consider any of them as per your budget.

Features:

Adding features offers a big impact on the cost of developing an e-commerce mobile application like SOUQ. If you keep on adding the features the cost will definitely be increased.

As it supports various advanced features like OTP(One Time Password) to have a secure transaction can also increase the cost. So you can add them as per your desire.

App Size:

App Size is one of the important factors affecting the cost to make an app like Souq. If you want to have a precise and less feature app the cost will be low as respect to the large one.

As the increase in technicality results in an increase in cost. So, to develop complex apps, the cost of the developer increases as it requires massive time for development.

Conclusion:

With the advancement of technologies, the cost of development is also being affected. The implementation of unique designing and complex features are the main reasons for the changes in developing mobile applications.

When determining what to do with your app Hire Mobile App Developers who can come into play, to build a desired mobile application. These developers are highly skilled and proficient to provide end to end solutions for a customized application.

Mobile App Development Companies have helped many organizations to build smart applications. The solutions have accelerated business development and enhanced user experience.