How to create a budget for your mobile app?

 


Mobile apps are a reliable way to reach your customers and engage them in your products or services. So, the entrepreneur and experienced business owner are very much focused on developing the app for their business. The first thing that comes in mind when one thinks about developing an app is the cost. A right App Development Company will guide you to create a budget for your mobile app.

Important factors affect the cost:

In the case of mobile app development, the cost is not a one-size-fits-all matter. It depends on several factors

  • Features and the complexities of the app
  • Geographical location of the developer company.
  • Intricacy of UX/UI design
  • Inclusion of additional branded visual elements
  • Backend development
  • Development approach (mobile web, native, hybrid, etc)
  • Deploying platforms (Android, iOS, web, etc)
  • Developing hours

Costs based on the application types:

On the basis of the Clutch survey, here is the average cost of Application Development that any good app development company charges.

 

 

Simple app (1 platform)

Basic app (core feature set, 1 platform)

Complex design and multi-featured app, 1 platform)

Multi-featured, more complex app, development and support. 2+ platforms

Total cost

Within $60,000

$60,000-$1,50,000

$1,50,000-$3,00,000

$3,00,000+

Time line

3 months

3-5 months

4-9 months

9 months + ongoing

 App development time line and average cost:

Understanding the app type will help you to create a budget for your application development.


Type of Application

App development cost

Timeline (in months)

Basic app

> ~$15,000

~1 month

Data-driven app

~$15,000+

~1-1.5 months

Authentication app

~$60,000+

~3-6 months

Social networking app

~$60,000 – $300,000+

~3-6 up to 9+ months

E-Commerce app

~$60,000 – $300,000+

~3-6 up to 9+ months

On-demand app

~$70,000 – $100,000+ (basic, per platform)

~5-7+ months

Marketplace app (multilevel web platform)

~$300,000+

~9+ months

 

5 tips to cut down the cost for application development:

It’s not a secret that mobile application development isn’t cheap thing. But there are ways to cut down the hidden app development costs and save your budget.

·         Focus on one or two features that provide the most value to your customers.

·         Design a clean, simple and streamlined UI for your app as users might be turned off by too many features and a chaotic homepage.

·         Create a responsive design that will give the same look and feel across all screen sizes of Smartphone, tablets, and laptops.

·         Push Notifications often increase application development costs by 20-30% and it requires ongoing maintenance. Unless it’s integral, ditch it to save budget.

·         Focus on the elements that matter, make those configurable, and leave the rest out.

·         Creating a Cross-platform app will help to cut your cost up to 30-40% instead of making a native app for each platform.

Bottom line:

Now, you can the development cost cannot be predicted right from the very beginning as the application development cost depends on several factors. It is best to consult with a good Mobile App Development Firm that can help you to fix the budget for your mobile app. 

 

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