Post by account_disabled on Feb 28, 2024 6:27:35 GMT
The app market is saturated. Do not you agree? Then try doing a search on the store of your choice for a random keyword. Today developing mobile applications is easier and cheaper so many embark on the project of creating an app. Every project has costs that depend on the resources needed to carry it out and the investments you are willing to make to make it successful. Unfortunately in most cases you start incurring expenses from the beginning and you may never be able to get back out. Do you want to develop an app? Here are 2 things to consider first! Do you think you have a great idea and that developing an app is the right choice? Perfect! But first take these two aspects into consideration 1. RESEARCH THE MARKET The first step to take to start a business, and therefore also to develop an app, is to do research.
You already know what needs your product will Nigeria Phone Number solve and what market it will fit in, so you need to find out who the competition will be . In reality, this first aspect is fundamental to legitimize or abort the project . This is because very often we think that our idea is destined for success because it is "novelty". If research shows that the news the world has been waiting for has actually already been realized in around thirty different apps, perhaps it's time to give up! 2. CONSIDER COSTS AND PROFITS What does it mean to develop and launch an app in terms of costs? How do you make money with a similar project? These questions must be answered before starting work. To understand the cost of an app development and launch project, you need to consider everything that is necessary. Of course, if you develop the product yourself, you can save an amount ranging between 10,000 and well over 50,000 euros for developers.
However, you will need a series of legal documents drawn up by a lawyer and probably a DPO if you will be processing personal data. The trademark and logo must be registered. Do you want to expand the application's reach to more countries? Translations of the contents will be needed . And then there is marketing, with advertising budgets for sponsorships on social media and in stores. And that's just a little summary! Given the costs, you must define a monetization model that allows you to cover expenses and earn money. If this isn't already part of the initial idea, it's time to think about it now. The app market is dominated by free and freemium products , which favor a free discovery approach with costs only for upgrades. Can this model be suitable for your project or do you need a paid approach ? While developing an app and bringing your idea to life is relatively simple, making it a success is another thing.
You already know what needs your product will Nigeria Phone Number solve and what market it will fit in, so you need to find out who the competition will be . In reality, this first aspect is fundamental to legitimize or abort the project . This is because very often we think that our idea is destined for success because it is "novelty". If research shows that the news the world has been waiting for has actually already been realized in around thirty different apps, perhaps it's time to give up! 2. CONSIDER COSTS AND PROFITS What does it mean to develop and launch an app in terms of costs? How do you make money with a similar project? These questions must be answered before starting work. To understand the cost of an app development and launch project, you need to consider everything that is necessary. Of course, if you develop the product yourself, you can save an amount ranging between 10,000 and well over 50,000 euros for developers.
However, you will need a series of legal documents drawn up by a lawyer and probably a DPO if you will be processing personal data. The trademark and logo must be registered. Do you want to expand the application's reach to more countries? Translations of the contents will be needed . And then there is marketing, with advertising budgets for sponsorships on social media and in stores. And that's just a little summary! Given the costs, you must define a monetization model that allows you to cover expenses and earn money. If this isn't already part of the initial idea, it's time to think about it now. The app market is dominated by free and freemium products , which favor a free discovery approach with costs only for upgrades. Can this model be suitable for your project or do you need a paid approach ? While developing an app and bringing your idea to life is relatively simple, making it a success is another thing.