Steps to Follow When You Build Custom Apps: Advantages & Cost

Mobile apps are crucial for the business’s success and growth. It gives them the desired stimulus to boost their visibility online and get their services known among a large percentage of customers online. With 69% of internet users present globally, it is a good idea for startups to get their venture empowered with an app. It is an even better idea to simulate the entrepreneurial setup with a custom app. In other words, it is a good idea to build custom apps. Doing so allows for achieving two main aspects:

1. Brand identity enhancement
2. Business growth reinforcement

As you read the article below, you will gain insight into the benefits of harnessing the power of custom mobile app development for your business, citing the ways you can also channel it to your business’s advantage. In other words, you will understand the steps whose successful adherence will ensure that when you embrace custom app development, you can endow yourself with huge profits and returns.

So without further ado, let us begin.

What is Custom Application Development?

When businesses embark on a journey of mobile app development that caters to their different requirements, the process is known as custom application development.

With the nature of these solutions fully or partially customized, they successfully address the needs of a particular audience rather than a large portion.

Therefore, in a nutshell, it becomes easy for these solutions to offer the functionality and features which might not be possible to offer when you develop simple off-the-shelf solutions.

Knowing a little about these solutions and their overall development process, let’s understand the reasons for the beneficial nature of these apps.

Advantages of Custom Mobile App Development

Boosts Productivity

With the focus of these apps being mostly on business, when you build custom apps, you can be sure the efficiency of the firm will go up by 46%.

Therefore, it becomes simple to assemble and take the business forward in a straightforward manner, making it easy for the workers to deliver results like never before.

100% Security

With the help of these tailor-made solutions, you can be sure to secure crucial business data and other forms of data that may be important to you.

You can also be sure that different levels of safety become easy to determine based on the client. Hence, if there are various departments and workers, the app allows you to offer different levels of access to each of them. This ensures the programs have an out-of-the-box security feature so that information is safe and secure both.

Assures Mobility

Mobility is a prime requirement for any app. This is due to the necessity of a hybrid work environment in the current era. Therefore, it allows you to obtain favourable results and revenues.

It is also worth mentioning that when you empower your business with these solutions, you can also be able to work in a remote environment with utmost ease as well as convenience.

Creates New Channels for Revenue

Apps give businesses the desired support to enhance their operations and identify new growth opportunities.

This is done by digitizing the different business practices. Therefore, it becomes easy for ventures to offer new products and services and keep new customers engaged.

Other advantages are:

• Maintenance of these apps is simple
• Provides a competitive edge to the business
• Ensures a high level of scalability to the venture
• Offers added level of security to the app

Now knowing the different advantages of custom mobile app development, you can gain insight into why embracing these solutions will be good for your startup.

In the lines below, we list the steps to follow when you perform custom app development to obtain maximum business value and returns.

Steps to Follow When You Build Custom Apps

Carefully Perform Market & Competitor Research

This step demands you to research the solutions present in the market to gain insight into the uniqueness of your app idea. It is then a good idea to check the missing elements in the solutions your competitor has created. This will ascertain that you gain awareness of their different strengths and weaknesses and assess the features you can include within your end-solution to gain a competitive edge.

Choose an Ideal Monetization Model

The main aim of your app is to help you in generating revenues. Hence, when you set out on the journey for custom app development services, select a monetization strategy from the ones below.

There are three main models through which your app can allow you to maximize your profits. They are as follows:

1. Subscriptions. By offering advanced functionalities on a monthly or yearly basis to users, you can generate revenues.
2. In-app purchases. Through paid content, based on every purchase users make inside the app, it becomes streamlined for you to generate a good amount of profits.
3. Ads. By providing advertising space to sellers, you as a business get the desired assistance to start earning consistently well. In this mode, it is a good idea to focus on creating captivating designs and ensuring enough space for banners in the app you build.

Identify Your Target Audience

Upon getting an idea of the monetization strategy you will select, you must know who your target audience will be. Hence, identify your target audience.

The best way to do this is by getting answers to the questions below:

• Percentage of people your app should target.
• The group that would have a tremendous amount of interest in the app you develop.
• The country where the launch will prove to be beneficial for your business.

Once you have an idea across all these areas, you can be sure your app will reach the right audience.

Connect with an Offshore Custom Application Development Company

A vital step without which your startup cannot be assured of its deserved growth when you build custom apps, it is crucial that you connect with an offshore custom application development company.

Conduct research on GoodFirms to locate an organization that streamlines this process for you by delivering assistance throughout each app development stage and access to a solution that provides maximum value and returns to your business.

Test, Test, and Test

This is probably one step you should follow during custom app development services. Test your app as much as possible to know if there are any bugs in the app or not.

To perform this task, sign up for premium testing services. This will allow you to know the compatibility of the app with different OS.

Last, it is a good idea to focus on keeping the app updated. Therefore, follow the steps below:

1. Embark on app promotion. This will allow you to gain access to more users. To perform this task, create a unique promotion strategy.
2. Check how many app downloads have taken place. This follows next by providing feedback on the performance of the app.

When you have an idea across these areas, you can then go ahead and launch the app and see the magic it brings about to your business in a short time.

With the idea of the different steps that make the custom mobile app development journey pleasant, estimate the cost for this task. This is because, for a startup, it consumes a lot of time and finance when you build custom apps from an in-house team of experts.

Estimated Cost for Custom App Development

Five areas help to determine the overall cost when you embark on the journey for custom app development services.

They are:

1. Team location
2. Team size
3. Scope of work
4. Project requirements
5. Deadline

Hence:

• If you get your project in the USA, Canada, UK, or Ukraine, the cost will be $250, $160, $80, and $45 per hour. On the other hand, if you select India, it will be $15 – $30.
• For the overall project discovery phase, in the USA, Canada, UK, and Ukraine, the cost in total will be $100,000+, $60,000, $32,000, and $18,000. Whereas, in India, the budget will be $8000 – $15,000.
• If you create an app prototype- in the USA, Canada, UK, and Ukraine, the estimated budget will be $150,000, $95,000, $48,000, and $27,000. In India, it will be $15,000+.

Hence, looking at the costs, check the country where you are getting the assistance, and examine the overall team size. This will ascertain that you save on costs enormously during custom app development services.

Wrapping Up

A custom mobile app addresses different business needs so that productivity and more revenues get promised. Finally, security maintenance is to the greatest extent. Therefore, it robustly demands the process of development. This will give you a quality solution that offers your business maximum returns and profits. Hence, if you embark on a journey of creating tailor-made solutions, connect with an offshore custom application development company. This will allow you to save on costs during app development to offer maximum value for your venture.