If you are looking to build an online marketplace for your business and have a question – how much does it cost to develop an app like Haraj? This blog answers all your questions. 

As digital commerce continues to grow, most businesses look for creative and innovative ways to suit customer needs and open up new revenue streams. An online marketplace like Haraj is one potential that has gained prominence recently. The market size of e-commerce is estimated at USD 8.80 trillion in 20204; by 2029, it is expected to reach USD 18.81 trillion. This incredible growth in the online marketplace encourages businesses to invest in building an app like Haraj. 

So, if you want to accelerate your shift to mobile applications to cope with this trend, this blog is for you. It will provide a detailed breakdown of the costs of an online marketplace. 

 

What is the Haraj App?

It’s an online listing application for selling and buying multi-category used products. This platform allows users to sell and purchase products in different categories, such as real estate, electronics, cars, fashion, furniture, and more. The Haraj app Saudi Arabia uses technology that makes it easy for users to make appropriate decisions, whether selling or buying products and services. 

 

Cost to Develop an App Like Haraj

 

Haraj has gained popularity in Saudi Arabia because of its broader user base and convenience. The app facilitates a platform for businesses and individuals where they can connect and engage in purchasing and selling activities. The application helps users make accounts, post advertisements for business’s services or products, communicate with customers or sellers through the platform’s messaging system, and negotiate prices. 

 

Why Should Businesses Invest in Online Marketplaces Like Haraj?

Owners of a marketplace can enjoy several benefits from creating a marketable website. For instance, a marketplace can gain customers’ attention because of its high-quality products and services. Hence, businesses should expect a gradual increase in potential customers, network expansion, and profit growth. With super app development like Haraj marketplace, a company can be more efficient since it provides flexibility of choice for customers. 

 

Cost to Develop an App Like Haraj
Source: https://www.statista.com/chart/3790/e-commerce-revenue-per-online-shopper/

 

Globally, online shopping has grown in popularity over the last several years. Online shopping acceptance is growing quickly in emerging economies like China and Brazil, while e-commerce penetration has already surpassed 70% of the adult population innovations like Germany, UK, and Japan.

However, what is the true global internet spending rate? The United States is leading not just in terms of total e-commerce income but also among the nations with the highest revenue per online shopper, according to Statista’s Digital Market Outlook. This year, Americans are predicted to spend $1,804 on average online—nearly twice as much as Japanese consumers.

 

Businesses should develop their marketplace for the following reason:

  • To increase product range
  • To raise brand awareness in the network 
  • To save money on keeping goods in the warehouse
  • To provide competitive benefits in their niche
  • To expand the scale of operations and revenues

 

Cost to Develop an App Like Haraj

 

How Much Does it Cost to Develop an Online Marketplace Like Haraj?

Determining the Cost To Develop an E-commerce Mobile App is tricky as the cost can vary based on the project’s complexity and features. The cost to develop an app like Haraj can be estimated from $8000 to $25000

 

Mobile App Development Elements  Estimated Cost 
Basic App $8000 – $15000
Medium App $15000 – $20000
Complex App $25000+ 
Cross-Platform Development $15000 – $25000
UI/UX Design  $5000 – $8000

 

The above table will give you an idea about the cost of developing an app like Haraj. If you want to know the actual cost, consult an eCommerce app development company. They will guide you about what type of app costs are high or low. Additionally, you can ask the company how to keep your development cost low.      

 

Factors Affecting the Cost to Build an Online Marketplace Like Haraj

What is the cost to develop an app like Haraj? It’s the most common question that every business app development company gets asked frequently. The answer to this question is numerous factors can influence the cost of marketplace app development. Here are a few aspects that affect the cost to develop an online marketplace. 

 

Cost to Develop an App Like Haraj

 

1. Features Complexity 

The number of features required for the online marketplaces will directly influence the haraj mobile app development cost. Also, the complexity of your app can affect the cost. For example, unique and more complex features require additional resources and time to develop, which automatically increases the cost to develop an app like Haraj as compared to basic features.

 

2. Developer’s Experience and Hourly Rate 

There are numerous ways to start the development procedure impacting the cost to develop an app like Haraj. Different options for selecting a team or develops specialized in online marketplace app development services are here:

  • Freelance services 
  • In-house development team
  • Software development agency 

The software consultancies have solid experience and knowledge in online marketplace development. Hence, they can help to get the solutions businesses need.

How much does it cost to develop an app like Haraj with a custom software approach? The answer depends on various factors, including the developers’ hourly rates. For instance, if you hire dedicated developers from the same region, they will charge less. Otherwise, you will have to offer more fees for outsider development.

 

3. UI/UX Design

The marketplace app development is just a starting point for connecting with potential customers. The app’s buttons, product cards, menus, fields, user flow, navigation, user interface, and experience components guide the customer. 

So, when you build an app like Haraj, you must create an accessible and intuitive marketplace design that takes around 120 to 180 hours, depending on the app’s complexity. Therefore, it also impacts the cost to develop an app like Haraj. If you want a design for your marketplace, following your business requirements and brand style, it requires a lot of money. 

 

4. Technology Stack for Marketplace Development 

If you want to build a successful e-commerce website, consider the programming techniques or tools you will use to create a marketplace platform. The chosen technology stack will influence the app’s performance and maintainability. Furthermore, the technology stack affects the cost of specialist businesses hired to realize ideas. 

 

5. Maintenance and Support 

After introducing you to the online marketplace, updates, ongoing maintenance, and customer support causes additional costs. Such expansions are crucial to ensure the platform remains up-to-date, secure, and responsive to users’ needs. 

 

How to Reduce the Cost of Online Marketplace App Development? 

What is the cost of developing a marketplace app? Haraj app development costs can be pretty costly. According to the marketplace app development company, businesses can reduce development costs by adopting the right strategies while developing a high-quality and competitive platform. 

 

Cost to Develop an App Like Haraj

 

Consider the following tips to save on your marketplace development cost.

 

1. Build a Cross-Platform 

Undoubtedly, a native application offers good performance and speed. However, the development cost will increase vastly if businesses want to develop an app like Haraj for different platforms like iOS and Android. Hence, opt for cross-platform development services as they do not require hardware integration when building a cross-platform application.

 

2. Choose the Agile Methodology 

In traditional app development, several processes are involved including speed optimization, support, performance testing, and more. You can bring these procedures together effectively and cost-effectively using agile methodology. 

It breaks down the development cycle into several miniature phases, enabling developers to develop, test, and deploy at each phase through an iterative cycle. Hence, it allows to reduce the cost of used resources and even eliminate the resource that isn’t required at any stage of the development process. 

 

3. Outsourcing Strategically 

By outsourcing certain aspects of the development process to an experienced Android or iOS app development company, businesses can allocate their internal resources more efficiently and focus on core tasks. This approach will enable the business to benefit from the experience and knowledge of external professionals, leading to a better outcome at a low cost. 

 

Cost to Develop an App Like Haraj

 

How Can Dev Technosys Help to Build An Online Marketplace Like Haraj?

The online marketplace is a fascinating model for businesses with modest marketing budgets who want to spend a small amount of money to launch new lines of their companies. With numerous opportunities in the online marketplace, it’s the best time to get your businesses off the ground and invest to build apps like Haraj.

So, if you are looking for top e-commerce mobile app developers, Dev Technosys is here to help you. We ranked as a leading Android app development company with a proven track record of several online marketplace apps.

Our team of dedicated e-commerce mobile app developers efficiently understands the business’s needs and develops a high-quality app based on the project’s requirements. So, what are you waiting for? Contact us and share your project’s requirements. We will help you develop your Haraj marketplace app within your budget.

 

Frequently Asked Questions 

 

Q1. How Much Does It Cost To Develop An App Like Haraj?

There isn’t any fixed cost to develop an app like Haraj as app’s cost may vary based on different factors such as app’s features, platform choice, developer’s rate, and many more. On average, simple online marketplace app development costs range between $8000$25000.

 

Q2. How Long Does It Take To Build Online Marketplace Applications?

A simple app with basic functionality requires 3 to 5 months to develop. A complex app with advanced features requires up to 8 months to create an app like Haraj.

 

Q3. Is There Any Hidden Cost In Developing An Online Marketplace?

Apart from the development cost and project management cost, foresee spending on app maintenance, backups, security, updates,and marketing.

 

Q4. What Are The Key Stages Of On-Demand App Development Solutions?

There are various stages required to consider during on demand app development solutions:

  • Conduct a market research 
  • Choose the business model
  • Choose a software development partner
  • Decide on the app features
  • Choose right technology stack
  • Design And development
  • Testing the app
  • Launching and marketing