by admin ,September 10, 2021
Mobile commerce is also known as m-commerce is the process to offer commercial services to users. Users can buy products of whatever they want or even the services online through smartphones or tablets. Considering the increasing number of mobile users the significant growth in the mCommerce industry can be seen. Because this enables the users to accommodate their shopping habits through mobile commerce.
The majority of the companies prepare this document before launching their app as this helps in understanding the demand going in the market. It tells us about the things that customers are most excited about. Evaluate the following things that will help you to prepare a good document:
● What is going on in the mind of customers?
● Why are competitors facing difficulty in managing this?
● Why do they lose efficiency?
You may think that you have an excellent idea for your app but in fact, there may be dozens of apps that may be successful and already in use in the market.
There are many factors contributing to the success of an app. Let us see some of the factors here.
● 35% of the apps that get successful have thoroughly studied the market needs.
● 18% of the apps succeeded because they had a powerful market core.
● 23% because they had a strong business model
● 15% because they overperformed their competitors.
You should decide the platform based on the geographic location of the customers you want to attract. If you want to attract the majority of the world’s customers then android is the best option whereas if you want to attract only North and Latin American customer then iOS is the best option.
For effective and accurate budgeting of an app, it is necessary to decide what and how many features an app would have project timeline, and the resources required to build it. The median price of building an app is $171,450 from the clutch. However, the cost can be anywhere from $100000 to $500000 depending on the requirements. The resources required for app development are
There are various factors in mobile app development like visual design, user interface, logos, icons, and many more. The cost of a mobile app depends on the following factors:
If you want to hire an experienced app developer then be ready to pay around $150 per hour. On other hand for a less experienced app developer, it costs around $50.
The cost of hiring developers varies in different parts of the world. In the USA and Canada, it is $50-$250 whereas in Australia it is $50-$150 and in the UK: $25-$75. Lastly in Asia, it is $10-$80.
Basic and simple mobile app development costs around $5000. Mid-range apps cost around $10,000 whereas the high complexity apps have cost more than $25000.
It may surprise you but the cost of developing an app varies for android and iOS platforms. The cost of building an iOS app is lesser than an android app as apps can be built comparatively fast on the iOS platform.