Are you thinking of getting an app for your business but cannot decide the budget? Don’t worry, we can help you with your decision-making process and make it smooth and hassle-free.
The first question that pops up in your head when you think of developing an app is – “How much will it cost?” The app development process is the perfect example of “What you pay for is what you get.” But how high does your budget need to be to get the best app?
When it comes to developing an app, the budget usually varies from $20,000 to $2,50,000.
Vague, right? That is because we haven’t yet considered many factors on which the process depends.
Let’s discuss them in detail.
Factor 1 – Complexity of an app.
According to research undertaken by GoodFirms,
- The average cost of a simple app is $90,000.
- The average price of an app with medium complexity is $1,60,000.
- The average cost of a complex app is $2,40,000.
The app development process is affected by many factors. Rumours such as “small companies cannot build a good app” and “high budget will help you get a good app” can mislead start-uppers and experienced entrepreneurs.
The first step to getting an unbiased budget is to look at the hourly rates.
Hourly rates usually defer based on geography. For example, the hourly rate for app development in the United States is $150/hour, in Australia, it is $92, in the UK, it is $71, whereas it is $25/hour in India.
As you can see, the highest pricing developer in the United States costs $150/hour, whereas the best in India costs $25.
You might also need to take into consideration the time required.
It is 3-6 months for a simple app, whereas for an app of medium complexity, it is 5-9 months, and for a complex app, it is 8-10 months.
Factor 2 – Features and functionality.
An app includes many features such as the number of screens, buttons, fields involved, etc. The basic features that affect the cost of an app are (Arranged in the order of least to most costly) –
- Push notification (Basic admin panel)
- File uploading
- Profile completion
- Payment management (Basic admin panel)
- Push notifications
- Profile editings
- User Management (Basic admin panel)
- Basic messaging
The cost of these features varies from $560 to $6800.
The complex features that affect the cost of an app are (Arranged in the order of least to most costly) –
The cost of these features varies from $3120 to $14,600.
Factor 3 – Platforms
Are you considering developing an iOS app? Perhaps you want an app that runs on both iOS and Android. As a result, you should be aware of the expense of developing an Android or iPhone app. App owners take into consideration points like iOS and Android market share, device fragmentation, and predominance when deciding which platform to start with. Still, the most important factor is the design of mobile applications for both platforms. This is because the design on both platforms is different. It would help if you considered that these platforms support various programming languages, have a variety of SDKs, and use multiple development tools.
Cross-platform or hybrid app development is a fantastic option to design apps for both iOS and Android. The issue is that each platform requires its experts, which doubles the expense of developing an app.
This difficulty is solved by Flutter, a cross-platform framework. It enables programmers to create code once and run it on Android and iOS devices. Flutter app development can help you save 30-40% on the cost of developing an app.
Factor 4 – Backend Infrastructure and App Administration
The backend in mobile app development helps track user behaviour and evaluate your app’s performance. Cost depends on the number of characteristics you want to follow and how detailed and accurate tracking you want.
An administration panel is an important tool for controlling an app’s content, users, and statics. There are ways to customise current admin panel templates to meet your requirements, but finding a suitable one might be difficult. As a result, it makes sense to put together a qualified panel to fit your company’s needs.
How do we work at Fluttertop –
Our app development process is divided into two steps –
- a) Contacting phase
This phase includes estimating the cost, getting your approval or disapproval, and signing the contract. We practice a consultative approach where the main focus lies on providing a solution to your customer’s needs.
After this, a proper market analysis and competitor research is carried out. This helps us in identifying the loopholes in existing apps and how we can fill them.
- b) Planning phase
This phase includes analysing the requirements, writing down the specifications, creating wireframes, further cooperation (if required), detailed estimation, and changes (if any).
If you have a perfect picture of how your app should be and want it to come to life, contact us at [email protected]