MOBILE APP DEVELOPMENT ON A TIGHT BUDGET - PowerPoint PPT Presentation

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MOBILE APP DEVELOPMENT ON A TIGHT BUDGET

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In today scenario apps are a must for every business set up and are helpful in customer retention and engagement. With an increase in the mobile user base, businesses can now reach a greater audiences than before through mobile apps. Still, a lot of businesses are not able to invest in mobile application because they are misinformed about mobile application development costs. – PowerPoint PPT presentation

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Title: MOBILE APP DEVELOPMENT ON A TIGHT BUDGET


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MOBILE APP DEVELOPMENT ON A TIGHT BUDGET
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(No Transcript)
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  • In today scenario apps are a must for every
    business set up and are helpful in customer
    retention and engagement. With an increase in
    the mobile user base, businesses can now reach a
    greater audiences than before through mobile
    apps. Still, a lot of businesses are not able to
    invest in mobile application because they are
    misinformed about mobile application development
    costs. It is worthwhile to understand that that a
    cheap app will come with cheap quality and will
    not fulfil the desired functionalities.
  • The fact remains true to this date- you will get
    what you pay for. While the cost of creating any
    product or business is done using the old ways,
    it is the infrastructure that has changed.
    Instead of investing in hardware machinery and
    other equipment, you need to invest in
    information technology. Apps with high
    performance are based on strong
    conceptualization, strategic planning, and the
    best talent to pull it off. Cutting your cost on
    any of these would risk your final product.
  • Consider Building MVP Version First to Test Your
    Idea
  • If the main features of your mobile app cost more
    than your ideal budget, dont rush into building
    a complete-functionality app from the beginning.
    MVP means Minimum Viable Product, and this allows
    you to gather valuable user feedback from early
    adopters, validate your idea with actual users,
    analyze audience demand, and then pitch investors
    to get funding to build the full-fledged app.

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  • Factor in Maintenance Costs
  • App maintenance is a very real thing and can
    affect your financial plans.
  • For instance, suppose youre building a taxi
    booking app like Uber and you want to send text
    notifications to the riders about the driver
    status. For this, youll need to pay a recurring
    fee to a 3rd party service provider.
  • Decide-Freelance App Developers or Mobile App
    Development Companies
  • Hiring a freelance app developer can seem
    budget-friendly, but you have to make sure you
    evaluate all the costs before choosing one. On
    the other hand, outsourcing your mobile app
    project to an established outsourcing company can
    build your project in a designated timeline and a
    limited budget.
  • An experienced mobile app development company
    usually has a team with established managerial
    frameworks, clear communication culture, and a
    pre-decided milestone schedule. Cutting costs
    here will be a grave mistake.

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  • Select the Right Mobile App Development Pricing
    Model
  • Should you be paying hourly rates or a fixed
    price to your outsourcing partner?
  • Now, since youll be on a tight budget, paying a
    fixed price seems more reasonable. However, you
    should also keep in mind that a fixed price model
    means you wont have room left to make
    modifications unless you agree to pay extra to
    make those modifications.
  • In fact, a few mobile app development companies
    offer a third mobile app development pricing
    model, especially for budget-wise businesses.
  • Heres how this model works First, do your
    research as stated in step one and then be
    upfront about your budget and decide your mobile
    apps priorities. A business analyst and solution
    provider will then suggest different options
    available.
  • Follow one Platform with Limited Device-Support
    Range
  • When your budget is tight, it makes perfect sense
    to build your mobile app for just one platform
    either Android or iOS. This decision mainly
    depends on the data from your target audience
    research.

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  • Once you know this data, you can easily decide
    which platform to pursue first.
  • Prioritize Each Feature Based on Development Cost
    vs. User Needs
  • Suppose youre planning to build an app like
    Netflix or Periscope. Including a live-streaming
    feature will be a must for your video platform,
    but its also an expensive one. Does this mean
    you should ditch this feature in the beginning?
  • No, because no user will use an entertainment app
    that doesnt have live-streaming.
  • More Tips to Create Apps on a Shoestring Budget
  • Entrepreneurs who aspire to launch their business
    app but have the financial restriction can either
    look out for investors or go for white-labelled
    or re-skinned app solution. Our business
    consultants can define an initial version of your
    app that you can launch by using the money you
    currently have. With time and money, you can keep
    releasing more features in next versions.
  • People have, and are still developing successful
    mobile apps within a limited budget.

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  • Your mobile app development costs will remain
    inside your budget as long as youve clearly
    defined your goals at the beginning of the
    process.
  • Dont know how to set clear goals for your mobile
    app?
  • Simply read through the below checklist that
    explains how to come up with solid goals for your
    mobile app
  • Assess target audience who is going to use your
    app?
  • Gauge competitors
  • As to why should your customers download and use
    your app and what is the unique selling
    proposition you are offering
  • Problem are you solving with your mobile app
  • What particular function should your mobile app
    perform
  • Results are you trying to achieve-after a week,
    after a month
  • From these, one should gain the following
    outputs
  • Target audience
  • Competitors surveyed
  • Must-have features/functionalities
  • Financial strategy

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  • As a matter of fact, youll also need this
    information when youre negotiating with a
    company for your mobile app development cost.
  • About Us
  • Contact Name Sahil Gupta
  • Company Name Parangat Technologies
  • Address 2353 Berkshire Lane North Brunswick New
    Jersey 08902 United States
  • Tel 1-510-230-0860
  • Website https//www.parangat.com/
  • Email Id sales_at_parangat.com
  • Source URL
  • https//www.apsense.com/article/mobile-app-develop
    ment-on-a-tight-budget.html
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