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How To Determine The Cost Of A Mobile App Development?

Businesses have begun to realize that there is a wider customer base to tap into through the use of smartphone applications. Moreover, they simplify several business operations with intuitive, powerful and easy-to-use features. Creating a mobile application is no longer a hectic process as it once was before. Today, it is a hassle-free, quick and streamlined process, provided you have a concrete vision, the data and the budget. All you need to do is find the right mobile app development company. So you’re ready to build an app, here’s how to determine the cost of developing one.

How will a mobile app benefit your company?

Prior to investing in a mobile app for your business. You must evaluate how profitable it will be for your company. Here are a few questions that will help you understand the returns on investment on launching your very own smartphone application:

  • Will you find a potentially larger customer base through a mobile app?
  • What are your app marketing strategies?
  • How will you promote your app pre and post launch?
  • What factors will you use to optimize the performance of your app?
  • How will you measure your app’s performance?

After answering those questions, you will be ready to hire mobile app development services from a reputed company and harness the following benefits:

  • Higher customer engagement
  • Increased brand recognition
  • Wider marketing channels
  • Detailed customer insights
  • Higher profits

Cost of developing a mobile app

There are a plethora of factors that determine the cost of building a smartphone application. They include:

  • The platform for which the mobile app will be developed for – Do you want your app to be available on iOS, Android or both?
  • How many features the app would contain – Do you want to incorporate extensive features like GPS, dashboard, reports system, etc.
  • Complexity of user interface – How rich do you want your app’s design to be?
  • Skill and experience of developers – Do you want to hire new or seasoned developers?
  • Business model – What business model will you use to generate revenue from your smartphone application?
  • Purpose of the smartphone application – Are you building an app for delivery, retail, apparel or others?

After considering all of the aforementioned factors, you can proceed to get a quotation from a well recognized mobile app development company.

The location in which your app is developed will have a significant impact on your app development budget. In US and Canadian app development companies, they charge about $50 to $250 per hour, in Europe and UK – $20 to $170 per hour. Developers located in India charge $10 – $80 per hour.

Conclusion

Developing a mobile application is a simple straightforward process today. All you have to do is ask yourself the right questions about the purpose of your app, what you want it to contain and who it’s for. The answers to those questions will reveal exactly how much it will cost to build your app. SmartPoint offers excellent mobile app development services at unbelievable prices. Contact them for the best deal today.