How much does it cost to make an app for your business?

 

App development is the latest successful business trend and for good reason.

Businesses are creating powerful apps for numerous platforms, providing tremendous value to their customer base, and ultimately making a lot of money in the process.

The only problem is that many startups have a tough time affording the app development process. If you attempt to do this as savvy as possible, you could possibly get away with spending around $10,000-$50,000 on the first development phase of your app. But if you really want your offering to be as professional as possible, you should enlist the help of an expert agency that specializes in app developmentWith that said, we’ll take a look at some of the factors that go into pricing app development, we’ll discuss monitoring for errors and we’ll even briefly touch on a money raising method to get your finances off the ground.

Sound good? Let’s get to it.

App Development Pricing Factors

As you have probably discovered on your own already, there are many different things that factor into app development costs. The more complex the application, the more it’s going to cost. And the more platforms you develop it for, the more your app is going to cost. In fact, let’s take a look at a simple price breakdown to help you get a better understanding of the overall pricing structure and what you can expect to pay for professional development.

  •         Developing a complex application for multiple platforms will cost high six figures and could potentially go over $1 million.
  •         Developing a simple app for one platform will cost in the neighborhood of $25,000.
  •         If your app will have a backend server, you should definitely expect it to cost more money.
  •         Your costs are going to vary depending on who builds it. A high-end agency is going to charge more than an offshore developer.
  •         You need to have money available in your budget for marketing, eventual updates, your personal salary, and other miscellaneous expenses.

As you can see, the development process is no simple walk in the park. It’s quite costly upfront, but if you develop a valuable app that your customers will use and appreciate, it will eventually pay for itself and all whole lot more.

Putting Error Monitoring in Place

Unfortunately, many would-be developers often forget about error monitoring during the development process.

It’s so easy to potentially make a huge mistake during the development phase that could accidentally get overlooked.

If this were ever to happen to you and your team, you could end up spending countless hours, time, and money developing an app that will not work correctly.

So, to prevent this from happening, you must institute a system for error monitoring that will catch any potential costly mistakes before they turn into huge financial problems that really end up hurting you in the wallet.

Raising Money Online to Develop Your App

When all’s said and done, it’s going to cost a great deal of upfront money to complete a successful and professional development process for your latest application.

Many people aren’t comfortable shelling out hundreds of thousands of dollars to fund the project themselves. They’d rather use easy no cost fundraising to gauge interest and raise enough money to complete the project.

 

By going the crowdsourcing route, not only will you bring in enough money to develop your app, but you’ll also start building your customer base by giving funders the app itself and other interesting perks that your audience will find useful.

Conclusion

At the end of the day, the app development process is very expensive. Make no bones about it. But if you have a great idea that will provide tremendous value to your audience, it’s worth it to take a chance and see how it goes.

Author Bio

Wendy Dessler

Title: Super-Connector at OutreachMamaWendy is a super-connector with OutreachMama and Youth Noise NJ who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in digital marketing and focuses her efforts on developing customized blogger outreach plans depending on the industry and competition. You can contact her on Twitter.


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