Cost to create an e-commerce app like Etsy
6 Minutes Read
App Development
21
June 2024
Introduction
The rise of niche marketplaces has paved the way for platforms like Etsy, which cater to unique and handmade products. Developing an e-commerce app similar to Etsy involves understanding its distinctive features, market positioning, and leveraging modern technologies to create a seamless user experience.
Etsy: A Marketplace
for Unique and Creative Goods
Etsy is renowned for its focus on handmade, vintage, and craft items, attracting over 90 million active buyers as of 2023. The platform generated a revenue of $2.3 billion in 2022, showcasing the strong market demand for personalised and unique products. With over 5 million active sellers, Etsy has successfully built a community-oriented marketplace.
Cost of Developing
an App like Etsy
Building an app like Etsy typically requires an investment ranging from $50,000 to $500,000, depending on the complexity and features. This investment aims to capture a share of the growing online marketplace industry, which saw sales of $2.67 trillion in 2023, with niche markets gaining significant traction.
Features To Include
For E-commerce Apps Like Etsy
1. User Registration and Login
Implement a user-friendly registration process with multiple authentication methods such as email, social media, and phone numbers to ensure secure access.
2. Seller Onboarding
Facilitate an easy and guided onboarding process for sellers to create their shops, list products, and manage inventory efficiently.
3. Product Listings
Allow detailed product listings with high-quality images, descriptions, pricing, and customization options to attract potential buyers.
5. Advanced Search and Filters
Integrate comprehensive search functionalities and filters to help users find products based on categories, price range, and seller ratings.
4. Shopping Cart and Wishlist
Provide a seamless shopping cart experience with options to save items for later, manage wishlists, and apply discount codes during checkout.
6. Payment Integration
Offer multiple secure payment gateways, including credit/debit cards, PayPal, and digital wallets, to cater to diverse customer preferences.
7. Order Tracking
Enable real-time order tracking and delivery updates to keep customers informed about their purchases and expected delivery times.
8. Review and Rating System
Incorporate a robust review and rating system for products and sellers to build trust and enhance the shopping experience.
9. Customer Support
Provide accessible customer support channels such as live chat, email support, and an extensive FAQ section to address user queries promptly.
10. Security
Implement robust security measures, including SSL encryption and compliance with data protection regulations, to safeguard user information.
Step to Build
an E-commerce App Like Etsy
1. Market Research
Conduct in-depth market research to understand the preferences of niche market consumers, analyse competitors, and identify unique selling propositions.
2. Feature Planning
Define essential features based on market insights and prioritise functionalities that align with the needs of both buyers and sellers in niche markets.
3. UI/UX Design
Design intuitive and visually appealing interfaces with easy navigation to ensure a user-friendly experience across various devices.
4. Development
Utilise scalable technologies and frameworks for frontend and backend development to handle large amounts of data and ensure optimal performance.
5. Testing
Conduct comprehensive testing phases, including usability testing and performance testing, to identify and resolve issues before the official launch.
6. Deployment
Launch the app on major platforms such as the App Store and Google Play Store, targeting a wide audience of potential users and sellers.
7. Maintenance and Updates
Continuously monitor app performance, gather feedback from users, and implement regular updates to enhance features, security, and overall user experience.
Featured Resources
