Undoubtedly, convenience is the spine of e-commerce, and it has become one of the primary reasons people shift from a traditional to an online approach. Online shopping enables customers to visit their favorite app and shop online from anywhere they want.
What’s more?
Consumers can check on fellow-consumers’ reviews before buying any product. Not only this, but online shopping offers an in-app payments mechanism that makes the transactions secure and instant.
Impressive, right?
Having realized the importance of e-commerce applications, Bolt introduced its one-click checkout product that is looking forward to offering convenience similar to Amazon.
Bolt Made its Space into Decacorn Territory!
As mentioned earlier, Bolt is an online shopping platform that enables shoppers to create an account and use the same to shop across all the Bolt network brands.
The company recently announced its Series E funding round that bagged a fresh capital of $335 million, adding the firm’s name to the decacorn list!
The official says the company doesn’t plan to run in the competitive race with others. Instead, it plans to be much better than everyone else!
Breslow also added that the amount raised would be utilized to bring in fresh talent, build strategic acquisitions, and expand to other parts of Europe.
No wonder new opportunities are transforming the way people shop, and it is precisely why businesses are making a shift from brick-and-mortar stores to digital presence!
What do you think?
Are you still facing the dilemma? NOT ANYMORE!
Here’s more for you to know for easier decision making:
Pros of E-Commerce App Development
What makes users shop online?
Stop scratching your head as we’re here to discuss the same! So, take a look:
Enhanced Brand Recognition
Do you want to reach more customers? Then, e-commerce is your shot that’ll pave the way for brand recognition.
Notably, eCommerce platforms bridge the gap between a business and its customers. Unquestionably, people tend to spend hours on their smartphones surfing through numerous apps. Therefore, it is also the responsibility of the business to develop an app that offers a perfect user experience.
Improved Customer Experience
Customers of today expect a personalized experience and granting their wishes lead the way to higher revenue. So, if you’re looking forward to retaining your customers and building a solid consumer base, improving their shopping experience is the key!
How will you do so?
Modern technologies work like a magic wand; therefore, all you need to do is leverage the same within your app and wait for the results. Then, integrate technologies like Machine Learning, Artificial Intelligence, AR/VR, etc., to acquire valuable insights into the consumers’ requirements.
Conversion Rate is Higher
A higher conversion rate matters the most for any business, and they put in all their sweat and blood to build strategies that'll work efficiently.
Undoubtedly, eCommerce is the way to go!
Well, consumers use shopping mobile apps for a seamless experience, and if you cater to their needs, there’s nothing that can stop them from coming back.
Notably, features like push notifications, in-app payments, etc., are the icing on the cake!
Lesser Cart Abandonment
Many times, shoppers add items to their cart and leave them unattended!
Again, mobile apps play the magic by offering a simple checkout process. In addition, E-commerce applications save users’ information, like shipping addresses that need not be entered again! Therefore, consumers are likely to checkout immediately once they add all the necessities to the cart.
Personalized Experience
The choice of each individual varies, and offering the same suggestions to all the consumers might not work. Therefore, you may leverage features within your app that’ll provide personalization to your clients. Doing so will add value to their experience and will likely generate more revenue for your business.
Wrapping Up!
It sure is not easy to build an entire network that’ll take your customer’s orders, prepare, and deliver them to their doorstep! However, it is vital to grab the opportunity to offer the best you can by building an efficient e-commerce mobile app for your customers.
So, have you made up your mind?
If we are on the same page, connect with the top app developers USA to acquire more insights into your idea. It’s time to touch the heights by bringing your business to the top!
Are you excited?
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