Selecting the Best eCommerce Development Agency for your Company in 2024
In today’s global village, a well-performed e-commerce platform is a compulsion for every business. Thus, the question persisted, out of the numerous eCommerce development agencies that had emerged, how was one to locate the one that would indeed help her realize her dreams and aspirations?
Anyway, it can be noted that revenue in the eCommerce market is projected to reach US$4,117.00bn in 2024, according to the Statista report. Revenue is expected to show an annual growth rate (CAGR 2024–2029) of 9.49%, resulting in a projected market volume of US$6,478.00bn by 2029.
This has seen it grow at an incredible rate, in fact, one of the fastest growing economies in the region, that said it has its bonuses as well as its Hurdles. Starting with combining secure payment gateways up to offering mobile responsiveness as well as building the best users’ experiences – there is an amplitude of what can go wrong. Well, this is where the right eCommerce development agency can help you mobilize these potentially negative factors to build your business.
Seriously, it is not easy to find the perfect eCommerce development agency as it is to “locate the proverbial needle in the hay stack”.
Every eCommerce development agency would say they are the best and what makes it daunting is that there is always a possibility of meeting a company that tells you this half-truth. It is for this reason that the use of a guide becomes paramount. Allow our experienced team to assist you in going through this rather challenging decision-making process with ease.
To guide you in your decision-making, in this article, I will help break down all you need to know in order to choose the right eCommerce development agency. It aims to guide you on how to describe your business needs, and how to assess the agency’s competence along with the samples of its previous works, including touching such vital topics as communication, extra services, and costs.
Of course, our team will also tell you about the perfect partner for your business – Idealogic, the remarkable company that works in the sphere of eCommerce development, and about how we can collaborate. By the time you are through with this guide, you will not only be fully equipped to make the finest choice, but also guarantee yourself a successful e-commerce platform that will thrive in the year 2024 and even more
Well, let the adventure begin and uncover how one can find the most suitable eCommerce development agency without unnecessary time and money expenditure.
Why You Should Collaborate with an eCommerce Development Agency
As stated by Statista report, in the eCommerce market, the number of users is expected to amount to 3.6 billion by 2029. Thus, as the graphical illustration suggests, in the competitive environment of 2024, it is crucial to have a solid e-commerce foundation for any organization interested in dominating the digital space.
Although creating DIY solutions and in-house teams may seem like the perfect solution, working with a specialized eCommerce development agency can have several benefits. Read four convincing imperatives, which will help you understand why it is worthwhile to cooperate with an eCommerce development agency.
High Expertise Level
Several advantages can be attributed to the e-commerce development agencies since they bring a lot of experience when it comes to the task. A survey conducted by Clutch shows that 60% of companies claim that cooperation with an agency has a positive impact on their e-commerce results. First of all, such agencies have tremendous experience in modern technologies, trends, and best practices in eCommerce. Even when things get tough, it is reassuring to know that whatever problems your application or website faces, they are using the most up-to-date solutions.
The best eCommerce development agency, Idealogic, has completed numerous projects of various scopes and faced numerous issues on the way. This means they are in a position to be able to anticipate problems and avert them. For instance, an eCommerce development agency undertakes to redesign the online store of a retail company and optimizes something like recommendations systems or the check out process and the conversion rate is scaled up by 40% in three months. This can provide your company a definite competitive edge in the market place.
Time & Costs
Many businesses opt for creating an eCommerce platform from the ground up, which, though can be a rewarding approach, can take a lot of time, prove costly and has hidden problems. Deloitte survey revealed that companies collaborating with development agencies were 25% faster to market their in-house development.
With practice for years, e-commerce development agencies have sharpened their skills on the ideal strategy. It enables them to achieve the intended results faster and more effectively than an in-house staff would. Furthermore, agencies can learn from their mistakes, and you get to save money that could have been spent on writing that is not so great. They know how to manage your resources properly and they will be able to foresee certain aspects that could be cumbersome to your project.
For instance, a top-notch e-commerce agency assisted a start-up company in building their online store within 12 weeks and included various sophisticated connections with the pre-existing systems apart from minimizing development expenses by several thousands of dollars.
They can take the path of hiring their preferred eCommerce development agency to have what they want without the common hitches.
Congruently, easy access to a skilled team Is absorbed by the organization from the environment.
Access to a Skilled Team
When you collaborate with an eCommerce development agency you get not only web and app developers but designers, project managers, and digital marketers as well. It ensures that all facets of your eCommerce platform are tended by specialists who are likely to deliver the best results.
Statista has indicated that customer experience satisfaction and users’ satisfaction were enhanced by 78% after firms had partnered with a professional eCommerce development agency. With the help of the created agency’s team, it is possible to design and develop an integrated and exquisite product, which can be essential to the needs of your business and surpass customers’ expectations
For example, the collective experience of Idealogic means that your platform is not only efficient, but also works to its optimal potential, is easy to use, and is pleasing to the eye.
Flexible Solutions
In the growth of any business, the eCommerce platform that supports it must also be able to grow as well. An example is an eCommerce development agency with enough experience should be in a position to come up with a platform capable of expansion and will adapt to changing conditions in the market. A poll by eMarketer said that the businesses that have applications developed by agencies reported a 35 percent improvement in flexibility.
Also, eCommerce development agencies are efficient in developing solutions that can be easily expanded as your business expands. They can develop the systems in such a way that flexibility can be created so that variants, markets, or traffic can be added. For example, an e-commerce agency once developed a solution for a tech company that let the latter grow its products’ portfolio and markets, which increased its revenues by 50 percent.
Also, agencies can easily respond to your shifting strategies or dynamics in the market to ensure that your eCommerce is relevant and efficient.
Therefore, collaborating with an eCommerce development agency brings many advantages, which include professionalism and fast solution finding, company flexibility, and long-term cooperation. When selecting the right agency the eCommerce platform is well-positioned to thrive in 2024, and the years to come.
How to select an eCommerce Development Agency and Avoid Wasting Your Time and Money
Selecting the correct eCommerce development agency is perhaps one of the most critical decisions one makes and this will affect the eCommerce business profoundly. We appreciate your understanding estimating that it is overwhelming to have numerous choices and not know which one to make.
In order to spare you lots of time and money, below is a step-by-step guide brought to you by Idealogic on how to select the best eCommerce development agency.
What Do You Need?
Knowing your requirements is the first step to choosing the right eCommerce development agency. This requires an evaluation of the business objectives and the basic functionalities needed in your e-commerce site.
Define Your Goals
It will be helpful before approaching an eCommerce development agency to begin with a clean and unambiguous conception of your goal with the e-commerce platform. Do you want to generate more revenue, create more value for the end consumer, tap into new geographical markets, or just promote your enterprise’s brand?
Having goals will help you direct your needs in the agency’s direction effectively. For instance, if you have set your goal to lift sales, then aspects that enhance the buying experience such as a sophisticated checkout and cross-selling must be incorporated. In case you are set up to enhance the usability of your site, then it is advisable to focus on design and intuitive navigation. Ensure that for the coveted eCommerce development agency, your demands are not miracles to achieve. They will ALWAYS have a solution for you.
Essential Features for Your eCommerce Platform
In order to choose the right supplier and meet your business objectives as well as create an optimal shopping experience for your customers, it is vital to determine the list of ‘nice-to-have’ features for your eCommerce platform. Here are some key features you should consider:
1. Payment gateway integrations.
Acceptance of credit/debit cards, online wallets such as PayPal, Apple Pay, Google Pay and other methods of payment to suit the targeted market both in their home and international markets.
2. Mobile responsiveness.
This would be a design that is completely integrated for mobile devices, thus enabling the users to handle it on whichever device they are using.
3. User-friendly navigation.
Product search is facilitated through clear navigation with a perfect combination of categories, filters and sort options that enable the customers to find the products easily.
4. Advanced search functionality.
Facilities like predictive search, auto-complete and advanced search enable and enhance the search and assist the users find what they are looking for effortlessly.
5. Personalized shopping experiences.
Recommendation of products from the large database; incorporation of dynamic content comprising tailored marketing messages to customers with an overall aim of optimizing their conversion rates.
6. Security features.
These are enhanced protection where you get SSL certificates, data encryption, secure payment processing, and effective working on the regulations of data protection like GDPR.
7. High-quality product images and descriptions.
Description of the products and the quality images accompanied by the possible 360-degree views or videos would provide the customers with precise information on the products.
8. Customer reviews and ratings.
The inclusion of customers’ feedback and ratings creates trust to enable customers to make decisions on the products to purchase.
9. Shopping cart and checkout process.
Easy and quick to use the shopping cart and check-out features to include guest check-out and the ability to save the cart for later.
10. Inventory management.
Real-time, and accurate inventory management that shows the user the availability of products to avoid sales of products that are out of stock.
11. Order management.
There have to be order management capabilities that allow for order placement, tracking and fulfilled all the way to delivery.
12. Customer account management.
Applications that enable the customers to register or login, check the orders they have placed, track delivery of items and returns privileges.
13. SEO optimization.
Integrated SEO functions and options are considered useful to enhance the ranking of your store.
14. Marketing and analytics tools.
Working with the current market means and technologies, including email marketing tools and other social media marketing tools, and analytical tools that will give insight into the buyers’ behavior.
15. Multilingual and multicurrency support.
Some solutions to enable multi-language and multi-currency retailing to explore a global market and enhance the international buyer’s perceived ease of purchasing.
16. Customer support options:
Incorporation of customer support features including a live chat option, chatbot and a clear customer support call to action.
It does not give an overview of all the features, but it gives the main characteristics excluding imperfection. The following basic attributes will ensure that your eCommerce platform is working, efficient, and successful in delivering a profitable client experience and allowing your business to sustain itself.
What you should expect from an eCommerce Development Agency?
The key objective to keep in mind when looking for an agency is the ability to help your organization achieve its set goals and meet the features singled out as necessary for your project. Seek firms with previous eCommerce development experience and knowledge of Shopify, Magento, and WooCommerce, among others. Check their portfolio to see whether their previous work was satisfactory and whether they are capable of achieving the results you want.
There is always the possibility of tagging someone and finding out whether the client’s recommendations and experiences reflect the authentic picture of the respective company to create improvements. Check whether the agency knows contemporary technologies and the eCommerce industry. How much cooperation they are showing and how much they are willing to talk or communicate because communication is very important while working together.
P. S.: Say, we have one secret to tell you… You’ve been searching for the best eCommerce development agency and we are glad to say that you’ve found the right agency! Guess who it is.
E-commerce Development Agency: Budgeting
First, knowledge of your budget limitations as well as the agency’s rates is indispensable. There are different variants in terms of pricing that are offered by different agencies, and it is significant to locate an agency that provides services at an affordable rate to the plans one has while at the same time delivering high-quality services.
Some agencies have a set fee for the project, while others have an hourly rate. Find out which of the two suits your budget plan and the scope of your project. It is quite easy to opt for the least costly service provider in the market but focus on the overall services being offered. Spending a bit more at the beginning to hire a good agency can easily offset any losses that you may incur if the end product is not well done and has to be redone again at extra charges. In any case, ensure that the agency explains the costs in detail and does not hide anything that might be added later, during cooperation.
So, you’ll be able to select the eCommerce development agency to create a successful e-commerce platform.
ePlane AI: An Example of the eCommerce Platform
Yes, we can discuss it for days; however, let’s have a look at the actual example of the platform created by our eCommerce development agency!
ePlane is an eCommerce business-to-business marketplace specifically created solely for aerospace product buyers and sellers from around the world. It allows simple and non-complicated purchases and sales to be effectively made on the Internet. This exchange for the Aerospace market has elements of a peer-to-peer marketplace and utilizes superior AI technologies.
Thus, the unified marketplace created by ePlane AI in partnership with Idealogic responds to one of the crucial challenges, which is the existing fragmentation of the market and its low transparency in the aerospace industry. That would be the case with ePlane AI since the tool focuses on creating a unified purchasing/selling platform for aerospace parts.
It also ensures that all part listings are documented and well vetted giving users confidence due to the marketplace consolidation. The platform reiterates the concept of transparency and security which are the essential features of blockchain by offering data integrity and secure transactions, which make the environment safe for all the users on the platform.
Thus, the cooperation between ePlane AI and Idealogic has produced outstanding outcomes as it has placed ePlane AI as a powerful player in the aerospace market. Some of these areas include transactions that were inefficient and technical complications that have turned the aerospace eCommerce industry on its head!
Transactions that are fast, transparent, and secure through the ePlane AI have endeared the platform with the global users hence experiencing rapid expansion, and this has placed the platform among the most trusted aerospace marketplace. Thus, this approach has become groundbreaking for the industry and has opened a more extensive field of future AI and blockchain implementation in ePlane AI company which remains to be a leader in aerospace eCommerce.
Why Idealogic is the Right eCommerce Development Company for You
Indeed, the choice of the right partner in e-commerce development is a critical success factor for your online business and that is why Idealogic is the perfect fit. Being a company that provides only the best solutions, our team has enough experience and hard work to make your e-commerce platform not only performant but also look good and fresh!
Our experienced team of professionals relies on training with the client's needs and then presenting them with solutions that offer them distinct value through business opportunities. At Idealogic, everything we do is underpinned by the principle of using contemporary technology as a driver of change for organizations. eCommerce platforms are served with fresh data from AI and big data, empowering your eCommerce platform with real-time insights and predictive trends, enabling you to stay ahead of market changes and make data-driven decisions.
It is our emphasis on using the most efficient automation tools in all our offices that enhance the eradication of time-consuming chores. This is accompanied by immense technological knowledge of current trends in the industry, to ensure that your platform possesses the latest technological features as well as capabilities.
Idealogic’s distinct focus differentiates it, however, as we are devoted to the success of the clients. While others just offer to create eCommerce platforms, we create relations aimed at great cooperation. As a result, we do not become a simple service provider for you but an active participant in your business processes: Our communication is clear, and our actions are preventive.
Select Idealogic, and let us work together, in building an eCommerce experience perfect for your brand that will induce unexplainable growth.
Eager to set up your e-commerce business for a new change? Contact Idealogic today or book a quick call with our CTO, and let's start building your future together!
