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Mobile application development factors and prices

Mobile application development factors and prices

Mobile applications are part and parcel of our lives today. We use mobile applications for different reasons, be it business, fun or entertainment. Most businesses, realizing the potential of mobile applications, maintain them for advertising and marketing purposes.

Apps allow developers to generate revenue, not only through sales but also through in-app advertising and other app monetization methods.

While all this sounds great, is it really that simple to develop a mobile app? What is the estimated cost to create an app? Is it really worth developing an app, cost wise? Let’s design a professional  sento app to find out in the article below!

I. Types of applications

The cost of developing your app depends first and foremost on the type of app you want to create. You can classify them as follows:

  • Applications with basic functionality are the easiest to build, as well as the least expensive. This works best for small businesses, which cannot invest too much in this aspect.
  • Business applications are a bit more complex and deal with database management systems. This will involve a lot of content management as well.
  • Game applications are probably the most complex, especially when incorporating 3D effects, using built-in phone mechanisms, etc.
  • You can also develop applications that leverage your device’s existing firmware to enhance the user experience. Most of these include using the accelerometer, camera, and GPS features.
The types of features you want to incorporate into your app will determine the cost you will pay for the same.

II. Actual application development costs

Coming to the actual cost of app development, you will have to consider the following:

1. Your budget

First, chart your budget, so you know exactly how much you want to spend on your app. It usually takes a team of people to develop an application. Take that into consideration, plus consider the app development, mobile network porting, and app marketing costs involved.

2. Application functions 

You need to think about the functions you want your app to include; the category it will appear in and the type of audience you want to attract. Basic apps don’t cost much, but they also may not bring you much revenue. More complex applications cost you more, but also have the potential to grant more returns on your investment.

3. Hire a developer 

Hiring an app developer is an expensive proposition, as you will be billed by the hour. However, outsourcing this work will make the job much lighter for you. Even though you have DIY app development tools at your disposal, you will still need functional knowledge of app development to get your app working.

4. Application design

Next comes designing your application. You will need a complex and impressive design to immediately attract users to your app. The design will include aspects like app icons, splash screens, tab icons, etc

5. Submit your application

The next step involves submitting your app to the app stores. Here, you need to factor in the subscription fees for each app store you want to submit your app to. Once approved, you’ll be able to track your app revenue. Additionally, you can hire a professional to take care of promoting and marketing your app.

III. Total application cost

The total cost you incur when developing an app depends on all of the above. However, these costs may vary from person to person.

While there are companies that will run you around $1,000, there are others that will charge $50,000 or more. It all depends on the type of app you want to develop, the company you hire for the job, the final app quality you are looking for, your app marketing strategy, etc.

In general, it is wise to think more about the quality of your app than the total cost of developing your app. Your main concern should be about achieving maximum ROI for your efforts. If paying a larger price also guarantees higher profits, you should definitely consider this a profitable enough deal for you.

Best regards!

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