It is, nowadays, the need of the hour to transfer your business from its physical presence to a mobile application in order to extract maximum output from it. The survival of your business has become dependent on its digital presence and this bitter truth must be accepted at the earliest in order to harness the enormous global mobile app market.
If you want to understand the level of mobile phones penetration in our day-to-day life, here is a startling data for you – there were around 204 billion downloads of Mobile apps Development in the year 2019 alone, according to Statista (https://www.statista.com/statistics/271644/worldwide-free-and-paid-mobile-app-store-downloads/), and average time spent by users on mobile phones is 3 hours and 15 minutes, while more regular users spend around 4.5 hours on mobile usage every day.
This been explained, and the worldwide popularity of mobile apps been clarified, let’s move on to discuss how much does it cost to make an app for your business and the kind of cost variations according to the business requirements, in two basic steps.
- Business Model
First of all, let’s put some light on what exactly we mean by business model. In simple words, it is a clear picture and understanding of the factors which consist of shortlisting the target audience and their requirements, providing accurate and better solutions, and building sales for direct revenue through the business, along with knowing and understanding that customers are the most crucial aspect in your business model and hence their demands must be your top priority.
It is extremely imperative for you to have a mobile app development business model in this era of cutthroat competition in order to gain the most out of your application, and also to determine the cost of your business app. Before even starting the process of predicting the cost to make an app for your business, you must analyse and check how exactly will it be suitable for your business model.
The biggest example of lack of understanding of business model is eBay which initiated as a huge brand but lost the trust of its customers with time focusing more on quantity than quality. Meanwhile, Amazon and Walmart entered the market with exclusive launches and were widely accepted. As eBay failed to understand the target audience and their priorities, it lost its market share considerably over the years.
All the aspects of business model collectively decide how much does it cost to make an app for your business and the whole project cost depends on the business model according to which the app is focussed, initiated and completed.
- App Type
It is never enough to have a great idea for your business or your services; you need to make it accessible to the mobile app users in order to make your project successful. Once your business model has been furnished, your mobile app development team will share various technologies on which the app can be developed and suggest you the best one as it is going to have a significant effect on your overall cost to make an app for your business. These apps can be of three types:
- Web App
Such an app is not exactly a mobile app but a mobile version of your app’s website. It is based on a responsive design to make sure that your app runs smoothly across different screen sizes of smart devices. This option is the least complex and also most cost-effective out of all the options. - Native App
Such applications are developed with the use of languages which are native to operating system of specific devices such as iOS, Windows or Android. Objective C or Swift languages are used for iOS platform while Java or Kotlin are utilised for Android app development. Although native applications are more complex, but because the app is developed for only a specific platform with relevant customization, the outcome of performance is higher and more satisfactory. Native apps end up being expensive and add to the cost of making an app but these apps are preferred by many for their incomparable performance and efficiency. - Hybrid App/Cross-Platform App
Such an app is developed by combining both the technologies of web and native apps and is therefore the most suitable type of app to handle large audiences. There maintenance cost and development cost are lower than the other types of apps and can function smoothly on all operating systems such as Android, iOS and Windows.
Final Thoughts:
The two-step approach to have a tentative idea about how much does it cost to make an app for your business is a very basic criteria to make you equipped and prepared for a high-quality and robust app befitting your estimated budget. For detailed information and consultation, contact one of the best mobile app development company Omninos Solutions which is known for its professional and high-end services and has the best-in-class designers and developers for mobile apps. Email us at info@omninos.com and let us make an app for your business, that too in your budget.
