How Much Does It Cost to Develop an App like OLX/Quikr?

OLX and Quikr are global classified companies that allow selling and buying second-hand or used goods locally. OLX extended its operations to other popular services like job search, home search and services search. People can avail OLX and Quikr services through iOS, Android and Windows mobile apps, apart from accessing through the website. So, users can use OLX/ Quikr apps on their laptops, computers, and mobile phones.

You know? The online digital ads market across the globe is expected to increase at 9.5% CAGR between the years 2019-2026.

Talking about OLX, it has a wide user base with more than 350 million people are using it to find the best products and services. Founded in 2006, OLX operates in 118 countries. Currently, the company is looking to double its monthly active customer base and rise to $ 1.2 billion by the end of 2020.

Likewise, over 300 million unique members use this popular advertising platform called ‘Quikr’ every month. It operates in 1200 cities across India and operates in various verticals across education, homes, cars, jobs and services. Currently, the Quikr is valued at 5 565.70 million dollars.

Digital Classified Ads Global Revenue from 2015-2021

Monetization Business Models of Online Marketplace

Certified Sellers
Membership fee
Transaction fee or commission
Featured and ad lists
Fees for Leeds Generation

If you are planning to develop an app like OLX and Quikr that provides better customer experience and looking for the best mobile app development company, reach FuGenX Technologies – Classified app development company in Bangalore, India. It is a global technology services company, specialized in mobile app development. FuGenX helps individuals and businesses develop OLX like app with highly advanced and innovative features at an affordable cost.

When thinking about OLX mobile app development, the first things that comes in mind are what features should be included in the OLX/ Quikr mobile app cost and how much it cost to make an app like Quikr, OLX or cost of Classified app like OLX or online Classified app cost or cost to develop app like OLX or cost to develop marketplace app like OLX.

Have a look at the below important features that determine the online marketplace app like Olx and Quikr:

Key features of OLX app:

Easy registration & login

One can post a free add with verified phone number

One can buy or sell products like mobile phones, electronic gadgets, cars, bike, property, furniture, fashion items and books etc.

Users can flier search to find preferred buyer/seller

Private chatting option with sellers, and safe negotiation about price

As a special feature, users can get their car inspected by Mahindra Autoinspekt

Real-time alerts and notifications about other buyers & sellers who are nearby

App attracts users with most popular and trending deals in their city

One can save ads or products that he wants to purchase in the near future

Real Cost of OLX / Quikr like App Development:

Following are the major factors that affect the cost of an application like OLX or Quikr.

App platform (Android, iOS (iPhone) etc.):

The cost of OLX like app development for iOS is generally lesser than for Android. The average cost to develop classified app like OLX or cost to develop Classified application or cost to make Classified app or average cost to develop app like OLX or average cost to develop marketplace apps or Quikr is high for android as it takes many testing methods.

App Design:

UI and UX are very important elements of any app design that can get hold users’ interest. Good design requires the effective use of advanced technologies, which costs more to develop an app like Quikr/ OLX, but worthy.

If you want to reduce app development cost like OLX, Quikr, you can prefer simple design. FuGenX has proven expertise in designing eye-catching apps at an affordable cost.

App size:

App size means the total number of features and functionalities an app would have. You can reduce app size in order to reduce cost by giving preference to only core features in the version one of the app.

App developers:

Cost of development of app like OLX varies on the type of Development Company, their expertise, and developers’ geographic location.

Mobile wallet:

Integrating a mobile wallet into the main app makes sure payment happens without any disruptions. The cost to develop an app like Olx and Quikr will be high if you integrate many payment gateways, but it is really worthy.

Features and Functionalities that Impact the Cost of OLX like App

The cost to build a Quikr app, OLX like app or any classified mobile app is estimated on the following basic and advanced features along with the factors mentioned above.

How much FuGenX charges to develop an OLX like App?

To get an instant quote for OLX like app or to know an average/exact cost to build any classified app like OLX or How Much Does It Cost To Develop OLX app or Classified Mobile App Development or marketplace app development cost in india or Classified app development company india, please reach us now!.

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