If you have a business idea in mind or you already own a physical business store and dream for it to prosper at the speed of knots, then involving e-commerce into the scene will give you just that. The e-commerce industry has grown leaps & bounds in the past decade, and there’s no stopping for it now. The impact of e-commerce on the business market is only going to grow exponentially in the coming years. Businesses of all kinds are connected to the e-commerce chain and are making such progress that was unimaginable some years back. Physical stores are going out of the norm, and those who own business stores are switching to the e-commerce route as they have understood the ever-growing importance of this switch.
The Internet plays a big part in this new era. With high-speed internet available in almost every part of the world, it is both beneficial for the developers and customers to do their trade online. Most of the marketing stuff, movement of goods, selling, and purchasing of products have moved online and made life easier for all the parties involved. A lot of capital is being injected in all the technology-related fields, and this has sky-rocketed the demand for e-commerce websites that have brought various e-commerce development companies into the scene.
According to the stats, retail e-commerce sales all around the world amounted to US$ 2.3 trillion in 2017, and this figure to expected to grow up to US$ 4.88 trillion in 2021. An interesting fact is that the top three online retail stores’ revenues rack up to US$ 100 billion of the total accounted revenues. Online shopping is the most popular online activity around the world, but its intensity varies across the globe, and it can be seen by the facts presented to us. In China, around 19% of all the retail sales are done through online shopping, while on the other hand, in Japan, only 6.7% of the retail sales are done through retail sales. Desktop PCs are leading in the preference criteria for the customers for placing online orders, but slowly and steadily, smartphones are catching them up.
Types of e-commerce applications
Business to business (B2B)
These types of websites are designed to help various companies in the electronic exchange of services and products. As per reports of 2018, B2B ecommerce total transaction volume racked up to $7.66 trillion.
Business to customer (B2C)
This one could be termed as similar to the previous one as it also involves the electronic exchange of products and services, the only difference being that it involves exchanges between companies and customers instead of a company to company.
Also Read: Difference Between B2B and B2C eCommerce
Customer to customer (C2C)
Another type of application which involves electronic exchanges of services and products but only among customers. E-bay net revenue in 2018 was about $10.7 billion. The revenue of Etsy was about $603.7 million, while the net revenue was about $232.88 billion.
Learn About: Developing B2B B2C Marketplace
It is a unique type of ecommerce platform which is used mainly for the distribution of web-based streaming media content from various sources to the mass audience. The main beneficiaries of this platform are content providers who are looking to spread their content to the larger audience.
Ticketing & booking
It is the type of platform which allows the customers and users to book online tickets in advance for various tasks such online advance ticket booking for travel, advance online booking for movie shows or any other entertainment shows, advance online ticket booking for sports matches in stadiums, advance online ticket booking for hotel and resort stays. This type of platform is very useful for customers as it helps them to save a lot of time, which can be utilized in some other tasks.
Social commerce is some kind of a subset of electronic commerce that includes social media, online media as a medium of social interactions. This is also used by customers in fulfilling their desires of online shopping while the selling and purchasing of products is another use of social commerce platform.
So, if you are looking to develop a top ecommerce development company, then you will find yourself a bunch, but we will make your task easy to hire yourself a top ecommerce development company by suggesting you the top 10 ecommerce development companies out there in the market. We will leave selecting the best-suited company according to your needs and interests on to you.
Cleveroad offers web and mobile services that are best suited for all types of industries and budgets. They provide solutions to a variety of fields such as startups, business segments, and even private clients. They have spread their work to 5 countries across the globe with their research & development centers located in two Ukrainian IT cluster cities, which are Dnipro & Kharkiv. They have vast experience in the field of ecommerce development as they have developed over 500 custom B2C & B2B apps for industries in different spheres of our life. They have developed websites for the field of healthcare, e-commerce, agriculture, fintech, real estate, logistics, etc. they cover all the aspects of software products to provide their customers whatever they want.
- Cloud based solutions
- End-to-end mobile and web development
- Advanced quality assurance
- UI/UX design
- Dedicated agile teams
- AR, VR, AI, Big data and IoT solutions
Their 70% of the work constitutes ecommerce development, and therefore they are best equipped to create complex and customized ecommerce solutions. They have another specialty, and that is hosting a cohort of some high-level clientele such as BET3000, VirginAtlantic, Prankdial, DPD, HSBC, Octopus, Fuji HI, MoneyWiz, Cartogram.
They can be termed as the trendsetter in this field as they designed and developed some of the finest products this industry has seen until now. They have vast years of experience in creating a wide variety of projects in this arena.
They have worked with some of the top-level companies, and that has certainly helped them attain a star status against their name. They have collaborated with some of the finest companies such as Kotak Mahindra Bank, Amazon, HP, ESPN, KTM, Race Chip, IBM. Their main field of focus is providing services in ecommerce development, and this covers almost 60% of their offerings. Their primary clientele consists of small businesses having worth of less than $10 million, and this type of clientele comprises of 80% of the total.
It is a high-quality digital transformation enterprise which was established in 2008 with a vision of exploring every technology out there. They have their headquarters established in the USA with their regional offices all over India. Contus has over 200 highly skilled professionals who have worked day in day out to take their work over 40 countries like the US, UK, UAE, etc. their main focus remains on developing ecommerce extensions, mobile & web applications, and omnichannel management solutions. Client demands are met in the form of tailer made ecommerce solutions. The company offers their ecommerce development services across various platforms such as magneto, drupal, Prestashop, Zencart, and may others. List of services offered by Contus is given below
- Web application development
- Mobile application development
- Virtual reality app development
- Wearable app development
- Augmented reality app development
- Ecommerce applications
- IOT Web applications
- Full stack development
If you are looking to enter into the business world of ecommerce, then you have an ally in the form of Contus that will provide you ready-made solutions for your business to flourish. Some of their products are mentioned below.
- Contus Vplay
- Contus Bot
- Contus Fly
- Apptha Airhotels
- Apptha Marketplace
Brainvire is a top-notch award-winning company which has its focus fixed upon digital transformation. They work consistently for the development of mobile applications, ecommerce stores with omnichannel solutions, .net application, and hybrid mobile application.
Brainvire is an expert in ecommerce app development, but along with that, they look to provide an array of services which includes mobile app development for all the platforms (Android, iOS, Windows, Hybrid), Web App Development (PHP, .NET, MEAN stack), Game App Development, Enterprise Solutions, and ERP & CRM Integration.
Their client range is very wide and flexible as, on the one hand, they have delivered goods for Fortune 500 companies such as Walmart, while on the other hand, they have provided services to startups such as FreshDirect. They have completed over 17 years in this expertise and have established over 2000 clients in their time of service.
Also Read: How To Develop An eCommerce Website?
Absolute web services have completed 20 years of service in this field, and during this course of time, they have attained a high level of experience. This acumen has helped them in producing high-quality business websites and applications and various other ecommerce masterpieces.
They are very much open to help you in your business growth as they provide full-service digital marketing team and also implement digital strategies for online demand generation. A large chunk of their business surrounds around ecommerce development, but they also offer some other services such as web development and web design.
For a large part of tenure, they have provided services to a medium-sized enterprise having a range from ($10M – $1B), and this band is their preferred option. Their main customers are TigerDirect, Capezio, University of Miami, CC HOMES, R+Co, Cheney Brothers, Grand Western, Juno Lucina, Luminaire, MigVapor, Oribe, Isram Realty, RubberB, VOGA Italia, iStencils, Fitlife Foods, In Common Beauty, FairyLoot Wyze Cam, Royal Flowers Group, Rivergate Companies, BabyCottons.
This company has been working in this field of work for the last ten years and has established over 2000 clients across major countries such as Australia, the US, India. They have an expert team of Magento, ISO Developers, Certified Google, always ready for helping you out in your online business-related problems.
Their team consists of employees in the range of 50-200, with their headquarters located in Fremont, California. They came into existence in 2006 and since then have been providing the following services in the field of ecommerce.
- Php development
- Ecommerce development
- Magento development
- Drupal development
- WordPress development
- CMS MS Development
- Ecommerce Web design
- Joomla Development
- Ecommerce web design
- CakePHP Development
- Digital marketing
- SEO services
Also Read: How To Develop Mobile App For eCommerce?
Having served over 750 customers, iweb services have come a long way in creating end to end mobile and web digital services. They are flexible in their choice of customers as they have worked with a wide variety of clients ranging from SMEs to Corporate giants.
Iweb services have a close-knit group of 50-200 employees who work 24*7 to provide high-quality digital services to their clients. The company was established in 2011 and has its headquarters established in Houston, Texas.
They provide an array of services but some noteworthy services provided by them are,
- Internet marketing services
- Web portal design & development
- Web development
- Ecommerce web development
- Custom software development
- CMS Development
- PSD to HTML5
- Amazon web services
- Ios app development
- Android app development
Neuralab possesses an award-winning team of highly skilled professionals who are masters at content making, designing, and developing. They, with their work ethic and skills, keeps us reminding that whether you are starting a start-up or looking to manage an online section of your already established corporate company, it is paramount to hire the right set of professionals to take the company forward.
They have a team of around 50 employees with their headquarters based in New York, USA. The company was founded in 2007 and had been achieving wonders since then. The services provided by them are mentioned below.
- Digital product design
- Web video
- Games & education apps
- Mobile applications development
- Content marketing & storytelling
- Ecommerce & custom portals
- Web development
If you are looking to get yourself an ecommerce website based on the magneto platform, then you should not think twice before hiring Magebit to get it done for you. They are expanding day by day in their quest to become one of the best in their field, having their headquarters set in the old town of Riga in Latvia. Magebit has established relations with clients across major countries such as France, USA, Germany, Australia.
They provide strategies, website development, mobile app development, and even 24*7 support system for your online business to grow at a rapid rate. The company, established in 2003, has acquired employees in the range of 50-200 to achieve their target.
Magento Development, Magento Support, Full Service, Magneto 2, Magento Design, E-Commerce, Dedicated Development, 24/7 Support, Magento, Strategy, Marketing, Social Media, Amazon Web Services, and Magento Commerce.
They are a widely recognized full-service digital commerce company having their offices set in the UK, US, India, and UAE. Filled with over 150 Magento technocrats, they have received various awards of excellence for their expertise in this field. Krish techno labs are in this field for over 15 years and have completed over 3000 ecommerce projects for their clients.
The company is headquartered in the Navrangpura district of Ahmedabad city in Gujarat and came into existence in 2003. They provide expertise in vast areas of ecommerce, and some of the areas they excel in are
- Hire magneto developers
- Magneto certified developers
- Extensions and plugins
- Magento 2
- Managed hosting
- Marketing support
Why you need a development partner to help you out in your endeavor?
Here we have explained in depth how having a good development partner can make a difference:
The most important aspect that they will bring to the table. As you are still a novice in this field, an experienced development partner will help you take all the right steps to create the project of your dream. An experienced ecommerce development company would have worked on multiple projects in the past, and the things they have learned from that will help them present a top-notch ecommerce project that you demand.
Multifaceted technology expertise
Development partners with experiential diversity and a variety of skills are very necessary for your project to become effective and successful. Having a broad range of skills in the development team will allow them flexibility in workloads and roles, and this, in turn, will make the whole process a lot smoother and quicker.
A pool of expert
They bring a lot of benefits to them as their name alone will attract a lot of customers to your brand. Your project will be the first recommendation from other businesses. You won’t have to invest a huge chunk of money in advertising and marketing. A pool of experts with all their experience will help you create a clarified marketing message.
UX & UI and creativity
This will benefit your project in a lot of different ways, starting with lower support costs and carrying on with increased productivity. The development time of your project will reduce significantly with their help.
Marketing & SEO
Their plus points usually start with high-quality user experience. They will help you maintain high positions in search engine websites, and this, in turn, will help you return with higher conversion rates. Your project will build brand credibility.
What to choose: In house team vs. Outsourcing?
Both of them have their benefits, but the list of advantages provided by outsourcing can go on a bit longer.
Insourcing is basically assigning a person from inside the company to complete a particular project, whereas outsourcing requires hiring a person or team from outside the company to complete a specific project for you.
Insourcing is a business practice carried out within an organization’s operational infrastructure while, on the other hand, outsourcing is done outside of the company as it helps the company to save a lot on their costs.
Industries such as telecommunications, travel, transport, media, and retail believe in outsourcing to complete their important projects as they focus solely on the core aspects of the business, such as increasing productivity and efficiency.
Outsourcing can also take the help and expertise of other organizations to help them complete the task in time and provide the customers’ value for their money.
If you are entering into a world of new opportunities, then starting on the right note will give you a lot of confidence. The most basic step to flourish your business in the ecommerce arena is to hire an ecommerce development company that understands your ideology and beliefs. This will help you and the company to work on the same wavelength, which will reap the benefits of an unimaginable extent for your project. We have provided you with a list of some top-notch, high-level companies that will help you achieve the business of your dreams. Go through the list and find yourself the one that suits best to your style.