eBay is one of the most popular ways to buy and sell goods and services on the internet. It’s a website where individuals and businesses can buy or sell new or second-hand items, from books and clothes to cars and holidays. eBay is an online shopping site that’s best known for its auctions and consumer to consumer sales. It’s also extremely popular for online merchants to use as a sales channel. eBay’s available in many different countries. However, you can search for products available in your local area by entering the zip code.

eBay’s Key Benefits and Features

Using eBay is a good way to make a bit of money from clearing out your cupboards and getting rid of things you don’t need any more.
To buy or sell on eBay, you must register, but this process is free.
eBay gives you a choice when purchasing – to ‘Buy it now’ at a price displayed or to bid for the item in an online auction.
You can check the reliability of a seller by reading feedback from previous customers.
If you’re a bargain hunter, try the ‘Daily Deals’ and ‘Fashion Outlet’ pages for discounted goods.
Be warned: as a seller, eBay will charge you a fee, and as a buyer, look out for postage and packaging costs that might be added on top.

eBay: Working Conditions and Profit

eBay Inc. is only an intermediary between the seller and the buyer. The sides of the deal agree on how to delivery and make payment for the goods purchased on the website, as they like, without the participation of eBay. It’s free for customers. Sellers pay a fee for using the platform. Fees on eBay consist of a fee for the publication and the percentage of the sale price. Guess, how to achieve success and create an audience on a website such marketplace like eBay? The answer is in several conditions:

Internationality. Access from different parts of the world increases the number of sellers, exhibited lots, buyers and making bids.

No time frames – eBay auction is open 24 hours a day, 7 days a week. The period for accepting bets on the lot lasts for up to 30 days – enough than making decisions and purchase.

Large range and a variety of goods. Here you can find rare things that are almost impossible to buy offline.

Using convenient tools & mobile apps. Each user can download an app for search, buy, and sell on eBay.

The mutual influence effect. The number of buyers is growing there, where the number of sellers is growing. And vice versa.

How to Develop an Application or Website Like eBay?

Developing an application like eBay means that you have to deal with a huge amount of data. This data can be used in several ways to develop and improve the application regularly.

Thus, it is important to have structured data that lets you use the user data while segregating the useless ones. Data is an integral part of any e-commerce platform. This can help to develop algorithms that can be suitable for the need of the customers which in turn can get you more users on board.

Usually, an app like eBay has a system architecture that can be divided into four parts, namely the back-end part, the front-end part, database servers, and application compatibility. Developing an application is only one part, elaborate research and efforts will ultimately make the app successful. If budget is not a problem for you, then you can focus on the nativity of the application. A native application is suitable and compatible with the operating system it has been programmed for.

If your developers’ team has programmed the application for iOS, then they can’t use the same code while developing it for android. A separate code is required for each platform.

eBay launched its first application for the iPhone in July 2008 and has since become a leader in mobile commerce. Its core iPhone application, which is available free via iTunes in eight languages and 190 countries, has been downloaded more than 14 million times and allows users to fully browse and buy without leaving the application.

Hosting and Domain:

It is necessary to have an attractive domain name for your website. An attractive logo that speaks for your brand is necessary. The next step can be getting a website script.

You can choose from the various CMS solutions like WordPress available. Custom PHP scripts are also commonly used for e-commerce platforms.

Site Design:

This can be one of the most important cost deciding factors for your application. It is thus crucial for you to discuss the important factors and carry out a design outline with your team. If you are looking to save up on some capital, it is advisable to keep the features simple and customized according to your needs. This can be done by some market research, observing trends, knowing your audience and prioritizing the features keeping in mind your budget accordingly. One can also save up by using readymade templates already available. A wide range of pre-built features is available at a very low rate.

An attractive, customized UI/UX design is like a cherry on the pie but it is important to note that heavy customizations will increase your expenses to some extent.

Payment Gateway:

One of the most important things to consider while developing an e-commerce application is to create a secure payment gateway. This gateway must provide complete security to the users and a smooth transaction from your side.

Logistic Support:

However, this is probably the last step of the developmental process but is a crucial one. The products purchased by the customers must reach the customers on time and at the right location.

For this, you might need to tie-up with logistics groups that can help the smooth transitioning of your business. Better customer experience will help you build a good reputation among your market.

What will be the cost of an app like eBay?

The Development of different apps has been a great help especially for busy people who has to divide and budget his time wisely to accommodate all of his activities for the day, week, month or year. It has also helped everybody make their work easy. Online works are now popular. Some of these online works include: online selling, online marketing, online purchasing, online dating and many more.

Different apps like the eBay allows the users to purchase online. They shop and place their payments online right at the comfort of their own homes. After online payments have been made, you can now wait for the delivery of the items that you have purchased online, right at your doorstep.

The eBay app enables the users to gain access to the world’s biggest marketplace. The eBay app also allows their users to view what eBay has for their clients. They may have everything you need, hence, you’ll be able to shop and buy online for the things that you need. eBay also introduces their clients to a personalized home screen where you can find the things that you want most.

eBay offers, great deals, promotional offers, hot items and special recommendations that you can choose. You can purchase anything you need easily by using the eBay application. Furthermore, eBay will also allow you to sell online. The eBay app gives their customers a chance to enjoy buying and selling right at the comfort of their own homes. What’s more exciting? eBay is a one-stop shop where you can get almost everything that you want at an affordable price.

To keep their customers aware and always updated, eBay notifies their customers to grab a chance to get some rare and hard to find items. With the notification features, you’ll be able to stay up-to-date on all the activities undertaken by eBay.

The EBay app has many apps which makes it easy for you to search, sell, purchase and handle your eBay activities all the time, wherever you go. Some of its features are:

• Allows you to search, make a bid and buy without leaving the app
• List and sell items
• Create a new eBay user account
• Receive notifications about latest updates which can affect your buying and selling activities.
• Monitor the purchases you’ve made with eBay
• Give comments for your eBay purchases and sales
• Share purchases and favorite items with your friends, family and followers.

eBay has been already an app for iPhone. It allows you to have access to many stores, provides immediate delivery of your purchases and it can be delivered to their clients wherever they are.

eBay is indeed a very popular App and the revenue of this App is surely very high. As an App Developer Company, Future Work Technologies is recommending you to have your own App like eBay. We are expertise in mobile app development service. The cost to develop an app like eBay will depend on the features you want in there and the number of developers on your team between $5,500 to $12,500 per platform.