How to maximize your e-commerce business with a native android app?

Posted on by Tarun

E-commerce economy has been on the rise, and with the excess use of smartphones, the focus has shifted towards mobile app development. The retail market has seen a radical shift, and 40% of total worldwide internet users now use it for purchasing products. Mobile apps have been the epicenter of disruption in the mobile universe. Of all the time users spend on mobile devices, 90% is spent on mobile apps. E-commerce has understood this scenario well, and they have started exploring the mobile app universe through an android mobile application development company. Android app development has gained traction among e-commerce businesses due to its freemium concept. The platform allows free app usage with in-app purchases used for revenue generation, and it is the sole reason android apps have a 74.3% market share among other giants like iOS and Windows. If your e-commerce business needs a platform like the mobile app to grow, know how you can build with an android app?

Mobile-First Approach:

E-commerce business is about shopping for goods online, and with 3.2 billion smartphone users worldwide, e-commerce businesses need a mobile-first approach. Android has already been a disruptive force in the app market, and with Android 11, there is more to look upon. Mobile-First approach is vital for your business. It is simple; the market is driven through revenues, and for e-commerce, revenues come from purchases a user makes. With the ease of mobile devices and their digital payment features provide higher incomes for e-commerce development.

Native Features:

Why are natural features beneficial to your business? Natural elements are platform-specific, and they help your apps perform well on that platform. Android platform has an excellent native platform with a native environment to enhance your app performance. Benefits of a native android app for your e-commerce business. Ease of navigation with excellent UI/Ux support on the native environment. Secure payments with state-of-the-art data regulation and data security. Faster checkouts than e-commerce website for the ultimate shopping experience. The mobility factor dictates traffic as the accessibility to your products can be anywhere and anytime. A native android app can help your e-commerce business reach more customers through its more massive userbase. Mobile app marketing can help your business achieve more organic traffic and improve your business generate more leads with the better conversion.

Better Customer Journeys:

Pleasant customer journeys create loyal customers and build customer associations with brands. With an android app developed through android mobile app development company, will help you generate more magnificent customer journeys. You can introduce in-app customer support with interactive features. You can develop different categories of products and services through product pages on your app. Ease of login and digital payments makes android apps more attractive or e-commerce businesses. Discover the top tools for Android development to boost your e-commerce business with a native Android app.

Building Trust:

Android 11 rollout later this year will redefine security in the Android versions over the years. With this rollout, Google is introducing new security measures that will allow users to determine whether they want to provide data access to an app or not. It will enhance the user’s trust over android apps, and for e-commerce business, faith is a huge factor. Users need to have confidence in your android apps to share their financial data with your app. Boost your e-commerce business with our professional ecommerce development services and native Android app expertise.

User Engagement

User engagement is all about customer experience for any e-commerce business. If an e-commerce business earns $1 billion annually, it can expect to receive an additional $700 million with investment in customer experience for three years. An android app developed through frontend development using XML and a backed development in Kotlin can provide a better user experience for your business. If you are not well-versed with such technical expertise, you should look for an android development company.

Innovative Integrations:

Android apps have always been innovative in integrating new technologies. For e-commerce businesses, leveraging Google’s innovative integrations can be fruitful for the business. Google introduced AR/VR(Augmented Reality/ Virtual Reality) developer SDKs for any android developer or android development company to develop AR/VR based android applications. E-commerce businesses can leverage such technology integrations to enhance their UX and provide customers with real-time product experience through AR/VR. Further, companies can even use Google’s speech to text technology for better voice commerce opportunities.

Signing Off:

E-commerce economy is reaching for the moon, with soaring revenues and exponential growth. But, it also means that you are up against many competitors in the market. So, you need to buckle up and be ready with the entire arsenal. The biggest arsenal today in the age of the digital era is a mobile app and what to choose better than an android app for your business. So, if you are looking to scale up, choose the best android mobile application development company and develop a highly interactive native android app for your business.

A User Guide of Shopify Statistics, Revenue and Usage

Posted on by Tarun

Shopify is one of the most popular eCommerce development platforms, has a huge amount of businesses now adapting Shopify Website Development. Due to its interesting and useful features, Shopify has a huge fan base in the online business industry. Read the blog further to know more about various interesting Shopify statistics, revenue, and usage numbers in 2022.

You’re probably aware that Shopify Website Development and its Shopify development services are a big deal. Every day, millions of merchants use it. On a global scale, it has developed from a small Canadian start-up to a colossal eCommerce platform. But just how large is Shopify Inc.?

Shopify is a well-known eCommerce development platform with over 1.75 million users. Shopify, which was founded in 2006, exceeded $1 billion in gross merchandise volume (GMV) in 2013. In just the first six months of 2021, they processed $79.5 billion in eCommerce sales. In 2021, the company made $2.10 billion in sales. Every year, 457 million customers place orders with Shopify merchants. Since 2014, there has been a 16.23x rise.

Quick Facts About Shopify

– Shopify, Started in Ottawa, Canada by three Canadians in 2006. These Canadians were inspired by the poor shopping experience with snowboarding equipment.

– With over 7000 employees and contractors working with the company, Shopify has become one of the most popular eCommerce platforms with a 23 percent market share in the US.

– Shopify is used by many of the startups. Therefore, you don’t need to be an expert to use it for development.

– Considered second only to WooCommerce, it outpaces various popular platforms like Squarespace, Wix, Weebly, Magento, and BigCommerce

– Shopify is a highly flexible and easy to use eCommerce platform. It has over 6000 applications on the Shopify store to tailor the customer experience.

– There are more than 100 free and paid Shopify themes available.

– In any retail establishment, the Shopify POS system enables the integration of an online store.

– The Shopify Plus enterprise edition, among other things, provides for more customisation.

– Most business owners can afford Shopify’s pricing levels, which start at just $29 per month for the basic package.

– Affiliates can earn an average of $58 for each user that signs up for a paid plan through Shopify’s extensive affiliate network.

– Shopify has a big pool of Shopify professionals who can help with marketing and Shopify SEO.

Shopify Gross Merchandise Volume (GVM)

Gross merchandise volume is calculated using the dollar amount of merchandise sales numbers from all Shopify stores. These figures don’t directly contribute to Shopify’s full-year income (because of the fact that the money went to merchants), but they do demonstrate the rise of payment processing revenue and usage from Shopify’s perspective.

Shopify facilitated transactions worth $119.58 billion in the year 2020. As of June 2021, it generated a gross merchandise volume of $79.5 billion. The Gross Merchandise Volume of Shopify has increased by $12.01billion i.e., 40% over the past year which comes out to be a very great statistic.

Shopify’s Gross Merchandise since 2012 has been represented below in a chart:

Shopify Sales and Revenue Statistics

Shopify’s revenue was $1.124 billion in the third quarter of 2021.

When the sales reports for the first and second quarters were combined, total Shopify revenue for 2021 was $3.231 billion, making it the company’s highest-earning year ever.

Shopify’s revenue increased by 57% as compared to the past year. In fact, it wasn’t until 2021 that Shopify’s quarterly revenue surpassed a billion dollars.

Shopify’s revenue has continuously climbed over the last few years, frequently more than double its previous year’s performance:

$3.2 billion in 2021

$2.9 billion in 2020

$1.6 billion in 2019

$1.1 billion in 2018

$673.3 million in 2017

$389.3 million in 2016

$205.2 million in 2015

Recurring Monthly Sales Revenue of Shopify

Shopify categorizes recurring income as a subset of total revenue since it includes merchant subscription fees that are paid on a monthly basis. They arrive at this figure by multiplying the monthly subscription cost by the total number of merchants who are actively using the system.

The recurring revenue of $98.8 million at the end of the third quarter in 2021 was up from $82.61 million in 2020. Although substantially lower than total sales, this is a figure that Shopify considers in order to maintain steady cash flow and merchant growth.

Take a look at how monthly recurring Shopify revenue has changed over the past few years:

– 2021: $98.8M

– 2020: $82.6M

– 2019: $53.9M

– 2018: $40.9M

– 2017: $29.9M

– 2016: $18.5M

– 2015: $11.3M

Shopify Revenue by Region

Shopify looks into merchant locations to see where its revenue comes from. Given that they only focus on continents, and they already know that North America generates the majority of income, it’s a rather broad look into regional revenue (primarily the United States).

North America accounts for 73 percent of Shopify’s sales, with 56 percent of its merchants based there.

Other sources of income include the following:

– EMEA (Europe, Middle East, and Africa) accounts for 16% of the company’s revenue.

– APAC (Asia Pacific, Australia, and China) accounts for 10% of the company’s revenue.

– LATAM (Latin America) has a 1% of total revenue.

According to the most recent data, the following are the income breakdowns by region:

– $2.2 billion in North America

– $454.3 million in EMEA

– APAC: $292.2 million

– $36.1 million in Latin America

Shopify Revenue for Subscription Solutions

Shopify income for “subscription solutions” includes any subscription payments, such as platform subscription fees, themes, applications, domains, and POS Pro costs. It’s a one-of-a-kind revenue breakdown that shows investors how Shopify makes money.

Shopify reported $336.3 million in subscription solutions sales in Q3 2021, with a total of $654.9 million for the previous two quarters combined, for a total of $991.2 million in subscription solutions revenue in 2021.

This represents an increase in subscription solutions revenue over the previous year, and it’s apparent that this segment of Shopify’s business has increased over time:

– 2021: $991.2M

– 2020: $908.7M

– 2019: $642.2M

– 2018: $465M

– 2017: $310M

– 2016: $188.6M

– 2015: $111.9M

Shopify Revenue for Merchants Solution

Shopify Payments provides payment processing services to many of its merchants, which the business categorises as “merchant solutions” in its financial reports. Advertising revenue, referral fees, and point-of-sale hardware purchases are all part of the merchant solutions revenue. Essentially, this combines the company’s income from non-recurring services that nonetheless help merchants.

Surprisingly, merchant solutions account for approximately 68.9% of Shopify’s total revenue, owing to the steady inflow of payment processing fees. Merchant solutions will create $2.287 billion in sales in 2021.

The final quarterly report for Q3 2021 was 787.5 million dollars.

The number of merchant solutions has increased over time, similar to the revenue from subscription solutions:

– 2021: $2.287B

– 2020: $2.02B

– 2019: $933.9M

– 2018: $608.2M

– 2017: $363.3M

– 2016: $200.7M

– 2015: $93.25M

The Future View of Shopify Revenue and Growth

According to recent sources, Shopify intends to continue growing in the coming years, but at a slower pace than in 2020. Various variables, including the COVID pandemic, pushed sales significantly higher over that time period, and things are now levelling out. Shopify website development is a future of development. Therefore, one should hire Shopify developers from a professional Shopify Development Company if they are planning to grow their business online.

Take a look at what Shopify has to say about the future:

– As they employ additional engineers, expand into more commercial skills, and better marketing, they foresee a substantial increase in gross profit dollars in the near future.

– Adjusted operating income is predicted to be greater in 2021 than it was in 2020.

– Shopify anticipates that the fourth quarter will be the most profitable of the year.

– Shopify expects revenue growth in the subscriptions solutions space to flourish as more global merchants join the Shopify platform.

– They expect future growth rates of merchant and subscriptions solutions to be closer to each other (in percentage terms) than the higher figures reported in 2020, which were higher due to the COVID pandemic’s increase in online (and offline) entrepreneurs. The year 2020 was a one-off, and they don’t expect it to happen again.

– Growth in the merchant solutions sector will be driven by GMV growth from new merchants joining, current merchants, and developing product offerings like Shopify Shipping and Shopify Capital.

Number of Customer Buying from Shopify Store

Have you ever thought that how many people go to the Shopify Store to buy from there? According to Shopify, in 2020, 457 million people went to the Shopify store to make a purchase. This represented an increase of 53.33% in customer spending as compared to the previous year.

There were around 300 million Shopify buyers in 2019, 216 million in 2018, and 163 million in 2017.

Statistics for the Number of Themes and Apps on Shopify

Shopify’s Theme Store hasn’t grown all that much, instead focusing on curating a library of high-quality themes with many style variations. In essence, Shopify has a collection of 100 themes that refresh once a year. Many of the themes have two or three style versions that are vastly different from the initial design, therefore we’d say Shopify has around 300 different theme designs.

On the other hand, the App Store is continually growing. 7000 apps are available for retailers to download and use on their Shopify stores in the Shopify App Store. On the other hand, the App Store is continually growing. They had only 3700 apps in 2019.

The Shopify App Store had 900 apps in 2015, 1400 apps in 2016, 2300 apps in 2017, and 2500 apps in 2018.

Number of Shopify Sites

The United States accounts for 69.67 percent of Shopify sites. The Shopify eCommerce platform is currently used by over 3.76 million live websites around the world.

The United Kingdom and Australia are the second and third most popular Shopify destinations, with 153k and 99k sites, respectively. As you can see, Shopify caters to US merchants for the majority of its market share.

Merchants in the following countries have the highest concentration of Shopify-created websites:

– United States: 2.5 million

– United Kingdom: 153k

– Australia: 99k

– Canada: 91k

– Germany: 76k

– France: 58k

– Brazil: 43k

– Netherlands: 33k

– India: 31k

– Italy: 25k

Shopify Plus, on the other hand, has a much less worldwide reach. That’s partly because most small and medium-sized online stores don’t require Shopify Plus, but also because Shopify Plus is a more recent addition to the Shopify product lineup. Over 6,000 online websites are powered by Shopify Plus, the majority of which are in the United States.

Below is the list of the top nations having live Shopify Plus sites:

– United States: 5.5k

– United Kingdom: 600+

– Canada: 400+

– Australia: 400+

– Germany: 100+

– France: 100+

– Netherlands: 60+

– New Zealand: 50+

– Denmark: 40+

– Spain: 40+

Final Words

Shopify is securely positioned in third place with 10.98 percent, despite WooCommerce having the greatest e-commerce market share at 28.24 percent and Squarespace coming in second at 17.69 percent.

This puts them well ahead of competitors such as MonsterCommerce, WixStores, Magento, and others. And, at this rate, they should soon be giving WooCommerce and Squarespace a run for their money.

Stay ahead of the curve with our expert ecommerce development solutions, leveraging the latest Shopify statistics and trends.

To summarise, Shopify is used by over one million enterprises in 175 countries, contributing $319 billion in worldwide activity to date.

And, unlike many other businesses that have had their expansion stifled by the pandemic, Shopify has thrived during the COVID era. In fact, the 90-day free trial they offered in 2020 to assist struggling business owners was vital in their success.

While there are other high-quality e-commerce platforms to choose from, the numbers from these Shopify statistics speak for themselves, indicating that Shopify should be at the top of your list when it comes to selecting a partner.

For the past couple of years, WeDoWebApps has emerged as the number one Shopify partner with a solid portfolio of both foreign and domestic Shopify App Solutions. We have access to powerful tools and have hands-on expertise with them to design the best Shopify app for your eCommerce business model.

As a result, enriching WeDoWebApps – the best Shopify Development Company in India providing Shopify Development services to national and international clients – is in your best interest. We will help you design the greatest Shopify App that will take your business to the next level if you hire Shopify App Developers from us.

React Native Developers Hiring Guide for 2024

Posted on by Tarun

We all know how hard it has become to find the perfect react native developer. While tech giants like Instagram and Airbnb have developed their mobile applications with the help of React Native, it is gained a lot of popularity in the past few years. Even it won’t be too wrong to consider, that for mobile app development, React Native is becoming the industry standard.

React Native: A Brief Introduction

If you want to hire react native app developers, you need to understand how react native can be deemed beneficial for your development. Back in January 2015, React Native as created by Facebook. The whole idea behind it was, they create a reliable framework based on JavaScript instead of using HTML. Further adding, with every single year, the community around React Native is gradually increasing, all thanks goes to the flexible and easy to use a framework.

Some of the salient features of using React Native includes:

React Native can be easily used to develop an app for both Android and iOS-based devices.
It provides excellent sustainability with cross-platform functionality.
React uses JavaScript as its core programming language.
The developers can avail the benefits of React, which is s JavaScript library to create user interfaces.
With an easy to navigate UI, React Native makes the entire user experience seamless.
React Native can make your apps lighter while proving faster performance.
It helps to use lesser resources as compared to that of any other native apps.
With the automated code update feature, you can always release faster app updates.
Any developer can tweak around with React Native and create a mobile app out of it.

Hard Skills Considered before Hiring React Native Developers

Down below are some of the mandatory hard skills that every React Native programmer should be aware of. Before you get started with your recruitment process, make sure that you understand the skills that are to be required for the programmer.

1) Good Stronghold on JavaScript

While being a React Native app development company, you need to opt for employees who have in-depth knowledge of JavaScript. The JavaScript can always help the developer to create better app logics, building components, and services.

2) Understanding ES6

While you are looking to hire for React Native developers, make sure that they have profound knowledge on what exactly is ES6. You can also test their skills on how they can convert ES6 code into an ES5 one. Further adding, you can also evaluate your programmer while asking the features of ES6 for JavaScript.

3) Knowing the Native iOS and Android Development Commands

Apart from being a React Native Developer, one needs to work on native tools to get the job done. Under such instances, it shall be far better if the individual is well versed with all the native Android and iOS developments.

4) Having Backend Skills

No matter how much a programmer is versed with the front-end skills, it shall be of no use if the entire backbone of the app is not strong enough. Due to these reasons, always look for the hunt of programmers who has the backend skills to get their program done.

5) Debugging

Resolving bugs is yet another reason, you should be vigilant enough to ask for React Native Programmers who are well equipped with their debugging skills.

Soft Skills Considered before Hiring React Native Developers

It is quite understandable if you want to hire a React Native developer, there are specific hard skills that the programmer needs to possess. But, apart from that, having a certain degree of soft power can help your company to continue with the development process seamlessly. Down below are some of the soft skills that every programmer should require:

1) Strong Communication Skill

Make sure to understand that by hiring a developer with strong communication skills, you can always add value to your company and the project they are directly involved. Communication skills are still required to convey the message better and making sure that everyone is on the same page.

2) Making the Code Clear to Understand

While someone might be a genius when it comes to writing code, but that the time of debugging, they can’t even understand their lines. This is certainly not how one should approach coding. That is precisely why you need to hire someone obvious and concise with the lines of code they write.

3) Adaptability

Your React Native developer must know their way around, how to interact with different hardware and software. Being someone in the technological industry, it is widespread to expect, yet the majority of them always stick to their personal preferences. And if your developer doesn’t know how to use particular software, they should always be humble enough to learn about such.

4) Dedicated Work Approach

Dedication is yet another essential aspect when it comes to a React Native developer. Unless you have the eagerness to learn and grow yourself, you shall stay in the same positions for the years to come. It is only through the dedicated work approach that your developer can add value to themselves and your company.

5) Fostering Teamwork

While the majority of the developers prefer to work alone, there are certain instances where they will need to work as a team. During such cases, it is essential to understand that you need to hire someone who can foster such teamwork.

Follow our guide to hiring the best React Native developers and leverage our React Native development services for your next project.

Wrapping Up

In conclusion to the above-discussed article, our idea was to describe all the aspects one needs to look for to hire react developers. With each passing year, react native is becoming more of a go-to-framework for the majority of the development companies. To smoothen the development phase, React Native offers a variety of easy to access libraries and plugins. So, once you have gained a clear overview of what to look for such developers, you can quickly get the employees you require.