An app-based business primarily uses a mobile app to transact with its customers. For example, although people can use their desktop computers to hail a ride on Uber and Lyft, the mobile app lets them request service no matter where they are.
The table below lists the difference between app based and web based business:
Parameters:
. Devices used
. Internet Connectivity Requirement
. Platform
. Mobility
. Reachability
. Payment gateway
. Privacy and security
App-Based Business:
. Smart phones and tablets
. Mandatory
. Web store and native Apps
. Mobility is high, as customers, can buy and make transactions from anywhere, anytime as long as internet connectivity is there.
. Reaches a large number of customers, even when they are a on mobile
. Mobile banking, net banking, Credit/Debit card, Wallets COD
. Malware is a major concern
Web-Based Business:
. Desktop computers and laptops
. Mandatory
. Web stores
. Mobility is low as customers can buy and make transactions on their computers and laptops
. Reach is relatively limited
. Net banking, Credi/Debit card, Wallets,COD
. Relatively more secure
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