How much will my business app cost?

How much will my business app cost?

An application is the best way to help your business gain more traction and better brand promotion. But, this is the fact also that it could also entail quite an investment. The timing of the release is very important, you must not rush through the development process.

Boost The Revenue for Your Business

How much will my business app cost? This question keeps matter in the long run if it takes off and gains a wide range of market users.
If you want to boost revenue in your business, the app has probably been on your radar for a while now. Well, this is very beneficial for every business to have an application as part of their digital strategy.

Be Honest With Yourself and Your Priorities

While developing an application for your business, this is very important that you are honest with yourself and your priorities, The golden rule of the software development lies in knowing the functionalities you wish to have in your application. There are three attributes the first thing is good, the second thing is fast and the last one if cheap.

The best thing is that you can pick any of the two options for your application, but the worst thing is that you cannot take all the three.

Medium-sized Application Costs $50-$130,000

If you are looking to build a custom and medium-sized application by using the lean approach to app development, it will cost you approx. $50-$130,000. The cost delivers a minimum viable product, at first you need to eliminate wasted resources, and deliver concrete data from which future updated can be springboard off.

Important Factors for Measuring the cost

Here, that are important factors that are responsible for measuring the cost of an app development

Back-end Development

If you wish to have a such business app that is native and having need of responses from back-end, then you will have to include a back-end team for it. And in doing so, it will cost your some high amount.

Third Party Tools

If you want to leverage the user with the facility of Social media tools and different kinds of plug-ins then it will be your additional cost. Besides various SDK’s and frameworks can add some more cost in your budget.

Web Service Development

With this service you can take your content to the remote access point. With it, you can update and make changes it your application with XML files instead of raw code changes. This is really a good feature, but when you decide to include this facility then you need to consider that because of it, you cost may go higher.

Applications without Web Servers

The application that doesn’t have web servers they are not connected to remote data servers. They mainly display information on various lists. These kinds of application have drop down menus, which allow user to choose from them. Once the user selects an option, he or she may be presented with the second one. With this, you may continue to do so until you land on a page with the desired information.

Gaming Apps

Gaming application seems somewhat self explanatory. This is the hardest category to put the real rice tag on. This section includes simple PONG kind functionality all the way up to complex virtual reality games like the developer of Flappy Hen, a clone of Flappbird etc. For developing these apps it takes around 40-60 hours. And, when you multiply 40-60 by $150 the app costs $6000-$9000.

The Developers

How must will my business app cost? This question is really tough to answer, but you can definitely get an approx. Cost by knowing some facts. Choosing your developer can also help you to get your cost.Hiring in-house developers, designer and product managers, to support developing your app.

Paying an app development company is the another solution. There are many startups, whom you can hire and the cost will be under your budget. Partnering wit freelancers online to create your application is other option. It is very affordable, and high quality will help you to get the best application for your business.

Marketing and Promotion

The important factor marketing and promotion expenditure, that need to consider when you are thinking that how much will my business app cost. If you will increase your promotion, then in the same way your cost will increase.

Server Maintenance and Troubleshooting

This is really tough to know about the cost of server maintenance and troubleshooting. Reason being these things is unexpected and couldn’t measured. But, some part of costing must be included for server maintenance and troubleshooting.

Support and Maintenance Cost

When an application is developed then for its proper function this is very important that it is being supported and maintained properly. To avail it, you need to include the cost of support and maintenance cost in your app developing budgets.

Have Look on Some of the Most Famous Apps

Apart from the above factors one of the best ways to get how must will my business app cost is to start by looking at the some of the most famous application in the world. This is very true that there is no public data on actual cost of developing these apps, but this is possible to get the costs of development same kinds of apps.

Most Effective Way to Estimate the Cost

A common and most famous way to estimate the cost is: (features X time) X hourly rate = cost. You need to understand the variations in hourly cost prior to calculate the total cost of app development.

Many More Variable to be Considered

There are many more variables to be considered when you need to find how much will my business app cost? Overall, when you consider the cost, including application, back-end development, web-services development, android app development the price can be measured approximately.

So, overall these are the important things that you need to consider when you get the question how must will my business app development cost? Get every point and then take the right decision.

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