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Category Archive App Development

ByDavid Adamson

Is E-Commerce Mobile App Development The Real Money Maker Ideas In 2024

Ever since the development of the first mobile app, the role of technology in the online e-commerce industry is immense.

The boom started when users start spending $946 and more on mobile commerce each year.

Mobile apps not only have the potential to turn the boulders smooth that came across the path of brick-and-mortar e-commerce sales but also give a windfall opportunity to stand out in the competitive league by delivering the best shopping experience.

An interactive and feature-rich mobile app will breed loyal customers, accommodate the needs of users, and extend services to digital natives and boomers alike.

All you need to do is to hire the right mobile application development company California who can guide you throughout the app development process while turning your idea into an innovation.

The best mobile app developers help you choose relevant features that suit both your business and branding objectives.

Benefits of Mobile App for Your E-Commerce Business

ecommerce marketing

Your retail business will never accomplish new milestones with a website alone.

If you take a quick rundown of the most promising technology trends of 2024, you will see m-commerce is gaining maximum popularity.

Here’s why e-commerce app development can be the real money maker for your business:

Mobile Commerce Offering On-The-Go Experience

1.	Mobile Commerce Offering On-The-Go Experience

Today, the total percentage of users that are using mobile devices constitutes half of all the internet traffic.

So, it’s the right time to observe what devices customers are using the most for shopping.

According to a recent report by Statista, 67% of all eCommerce sales across the globe are done via mobile devices.

It seems most of them are using smartphones or tablets for browsing and purchasing online because it enables them to shop anytime, anywhere.

Mobile devices are always an arm’s stretch, so shoppers can look for something in your free time, coffee breaks, and even enjoying a walk.

Within the coming years, it is estimated that mobile apps will dominate 73% of e-commerce sales across the globe that makes it essential for you to hire an app developer to achieve your goals and accelerate business growth.

As per the recent statistics, the expected Mobile App Statistics revenue that will be noted by the end of 2020 is around $582 billion which is 48% more than the past few years.

And, e-commerce mobile apps will rise at a growth rate of 54% this year. That’s the highest peak compared to any other app category.

Mobile Apps over Responsive Websites

mobile app development company

Speed and convenience are the top reasons users are inclining towards mobile apps.

If you are running in a race without a mobile app, then you might lose great opportunities.

With a wide number of e-commerce options available online, users might never turn back or lack interest if they get an atrocious experience.

Using the inbuilt features of mobile like camera, GPS, bar code scanner, etc. you can boost interaction with your brand.

Experienced iOS and Android app developers choose the best features, including push notifications, one-click checkouts, e-wallets integration, and single sign-on for loyalty points to trigger interest and engagement on the mobile app.

However, it doesn’t mean you don’t require a mobile-friendly website. It is a first step towards generating e-commerce sales through mobile.

You should know Omni-Channel is the New Normal.

According to Google, 85% of users begin their shopping journeys from one device and continue on another.

Following an omnichannel approach, you never leave a customer at a loose end that increases the chances of making purchases rather abandoning carts.

Thus, make the right move by aligning with a trusted e-commerce digital solution provider and deliver an optimal experience to your customers.

Changes the Performance Trajectory

Presently, e-commerce website development without a mobile app is a disadvantage.

It will help you build essential customer traffic but won’t help to get quality customers over time.

If a customer is perplexed between your mobile site and competitor’s website, then the app will give them a reason to lean towards your services.

Also, being an early bird to develop an e-commerce app gives you an extra advantage and helps you improve your performance.

But here the question arises, how much it costs to create an e-commerce mobile app?

An average cost of e-commerce app development ranges from $30,000 to $1,70,000.

To calculate the approximate cost, you can also use the accurate app cost calculator tool offered by many e-commerce app development companies.

E-commerce is a vast industry. You are already competing with big gun competitors like Amazon and Walmart.

And if somehow you are not able to meet those standards, customers won’t have a reason to buy from you.

Greater Conversion Rates

Let’s talk numbers.

  • By 2024, mobile ecommerce sales are expected to account for 54% of total ecommerce sales. (Source: BigCommerce)
  • Forrester found, after a poor site experience, 79% of online shoppers state they are less likely to support a site again.
  • Mobile influences over 40% of revenue for leading B2B organizations. (Source: Statista)

The mobile app is the clear winner. Products viewed per session and add-to-cart rates are awesome when seen on mobile apps.

Mobile apps convert visitors into loyal customers at a 130% higher rate than mobile websites.

When you hire e-commerce website developers or app developers, discuss the future developments in e-commerce so that you can keep your platform up-to-date and latest trends.

Summary

Right from digital innovations to upsurging globalization, e-commerce is witnessing drastic changes for adoption.

The more your retail business will evolve, the more deeply customers can connect with your brand and make successful purchases.

Following the best road to success, start with MVP app development that helps you figure out the best features for your mobile app. 

Now when you ready to invest, either you choose Android or iOS app development, all you need is a reliable e-commerce solution provider to achieve outstanding business outcomes.

The company can guide you from a strategic standpoint and evaluate your business needs at its best.

Do you want to read more about app development? Check out these articles.

ByJigar Shah

How to Monetize Your Mobile App in 2024

In this post, we will share with you how you should monetize your mobile application in 2024. Let’s get started.

Since the launch of mobile devices, the app market has been reaching out to a wider range of audiences than anyone could have predicted.

As per the Statista report, there are 2.57 million apps available in the Google Play Store and you will find 1.84 million apps for iOS. Even, app publishers are expected to earn $200 billion in 2024.

But have you ever wondered how these free apps help you generate money or revenue? I am sure many of you might be having this question, as we are downloading any apps from the stores without any cost, then how can the app developers make money out of it? Well, that’s why we have come here to make you understand by clearing your doubts.

This insightful article will surely help entrepreneurs who wish to start their journey by developing mobile apps and make money by publishing free apps in the app stores.

Here, you download the app from the app store then in return, app developers who offer free apps expect payment or profit as well. So, if you are planning to develop an app and are not aware of the tactics to generate revenue, the following article will clear your mind.

App Monetization Strategies

There are 90% of the millions of free apps available in the Google Play Store or the iOS App Store to download and use. That’s why with the free apps, the app developers generate the $1.73 billion revenue.

Recommended Post: 6 Surefire Strategies to Convince People to Use Your App and Convert

In 2015, the global app revenues reached more than $70 billion whereas, by 2024, it is expected to reach $200 billion.

APP MONETIZATION STRATEGIES

As per the Statista data, in 2019, the most effective monetization method was the use of rewarded video ads. This has opened the door of opportunity for both the app developers and customers, as, after the completion of advertisement, users receive points and app bonuses.

APP MONETIZATION Data

Well, this is the data that you should look upon to gain interest in developing mobile apps. Now, let us take you to strategies that might help you make money.

1) In-App Advertising

You know – you can generate good revenue if you place ads in your app. Because, nowadays, most of the games make their money through advertising. When users use your app on a regular basis or for a long period of time, then these ads might help you boost your revenue. Users generally watch the ads if it’s helpful or valuable to them. However, if it’s a free app, you must be careful not to put too many ads as this may annoy them, as some video and full-screen ads are very disruptive and should be used sparingly.

So, let’s have a look at different methods of in-app advertisements.

a) Banner Ads

Banner Ads

The banner ads are displayed at the top or bottom of an app. It’s an effective way to display your ad as it covers the screen and destructs you from what you are doing at the moment. However, it covers a very small amount of your display so the users can freely interact with the top and stay on the existing apps.

Apart from that, as per the user’s demographics and past behavior, app developers can target them to display the ads. Still, they have a very low engagement rate which is 0.1% CTR (Click-through Rate) only.

By far, the Flappy Bird app got succeed by utilizing this tactic and generated $50K revenue per day.

b) Video Ads

Video Ads

Video ads are one of the most essential and effective tactics in recent times. This allows users to run or play a video within the app when there are natural pauses. It provides a direct link to customers to follow and download the app. It lasts for 10 to 30 seconds.

In this video ad, the customer gets a reward once he/she watches the video until the end. An average CPM rate for mobile video ads ranges from $0.05 to $5.00.

For example, The user can get extra game-currency or life after watching the full video.

c) Native Ads

Native Ads

The Native ads are seamlessly integrated into the app. The added elements can be sponsored content or video that is aimed to promote a particular brand or product. This covers the same part of the mobile screen which looks like another post in the timeline.

This is the reason, users find this ad more interesting and less annoying. Hence, they have become more popular among users and generated great revenue.

For example, With the New York Times’ T Brand Studio association, Airbnb company had created a campaign for Ellis Island. This caught everyone’s attention and played the most important role in app history.

d) Interstitial Ads

Interstitial Ads

Interstitial ads are displayed on the full-screen of mobile devices. This is a pop-ad and displayed within an app for a specific time. This ad is in the form of display or video and asks users to watch the ad for some time. After some time, they can skip the ad and resume to the existing app. During this time, users can get two options – either close the ad or check out the promoted content.

For example, interstitial ads were utilized by Emirate Airlines and after that, they got over 5000 clicks to the website and 170,000 video views. This ad was promoted on the Emirate website as they launched a new flying destination place, New York – Dubai. This full-screen ad was shown to travelers in the New York airport once they got connected to WiFi.

e) Reward Ads

Reward Ads

I guess everyone likes to be rewarded. So why not by watching the video? Reward ads are widely popular in Game apps. The users are offered a reward to engage with content. Many of the users will surely watch your video and get the benefits if you are implementing this tactic. This can increase app loyalty and generate revenue.

For example, if you watch a 30-second advert, you may get a reward of extra life in the game.

2) In-App Purchases

As per Forbes, In-app purchases have generated the highest revenue within the app industry. In fact, to be precise, 47% of the total revenue is generated from in-app purchases. So, if you are planning to create a free app, then including the in-app marketplace is one of the best ways to generate revenue. This is completely managed by the app store and app owners get a commission from every trade.

For example, The Clash of Clans game earned $1m per day on purchase and Pokemon Go users bought in-app purchases for $1.5m daily.

3) Affiliate Programs

Google, Microsoft, and Apple are providing affiliate programs to app developers.

With affiliate programs, you will be able to choose promotions from a wide range of apps. Find the latest or hottest apps from the app store and promote them in your app to earn easy commissions.

You can also check for other businesses that have affiliate programs. You can earn more commissions from the businesses that offer paid memberships.

4) Sponsorships

Many of the app developers are looking for investors to build their app and turn it into a successful business. As an app developer, you can offer them free marketing within your product. It’s a profitable model that helps to make money from a free app.

Integrating this sponsorship model with a huge user app, you can gain many benefits with a specific market niche. Hence, you have to get in touch with those persons who belong to the same industry. You can put their sponsorship ads with your brand and information in the app.

It consists of two ways:

> Share the equal profit that is generated from the app.

> Make a payment for a monthly sponsorship fee.

For example, these ads have been utilized by the Weather Channel app in many ways. There’s an animated background for Home Depot in the app. Also, you will find a retailer in the field of construction and household goods.

5) Crowdfunding

This is an interesting way to monetize apps for free. With this crowdfunding model, start-ups and large companies raise funds for development and marketing needs by exchanging and sharing their ideas.

Platforms such as Kickstart, IndieGogo, GoFoundMe, Patreon, Fundable, and AppsFunder can help you monetize your mobile app for this model.

6) Email Marketing

Another way to monetize your app is by implementing email marketing. It’s one of the oldest but effective methods to hit the customers or subscribers’ interest in a product or service by collecting user data – emails and sending them emails regarding their interest. It’s one of the useful strategies when you ask user email during sign-in.

Since most of the people check their emails on a daily basis, this ensures that users will surely read out your email or the information that you have provided in the email and will engage with the content. Therefore, you must add a creative and most engaging subject line. You should include the question or some funny and relevant statement regarding the product or service.

There are three ways to collect the email addresses of users.

> Ask to enter the email address with a pop-up message by offering some reward in return.

> Collect email id from Facebook SDK after signing up from the user.

> Third-party tools to fetch emails.

For example, the biggies like The New Yorker, The New York Times, and The Washington Post engage with their customers by delivering the content they want. Once you become a paid member, then only you can receive the other information.

So, How Much Money Do Free Apps Make?

A report suggests that over $5000 per month revenue is generated from the top 16% of Android developers and 25% of iOS developers with their free apps. This can set a benchmark in the industry. So we can believe that around 20% of apps from the app stores bring great profit, 30% of apps are perfect and half of the apps are actually useless.

So, if you are good at coding and have detailed industry knowledge then there are high chances to become rich. If you want your app to be listed on the top list of an app store then you should know how to develop an app and what types of strategies should be implemented to monetize from a free app.

If you follow the above techniques and implement them in your given app, then you can easily monetize from a free app and can see yourself in the top list.

Wrapping Up!

Till here, by far so now, we have covered major six tactics that you could implement to monetize your app. Since every coin has two sides, there are peaks and drawbacks too for every strategy you implement. So, as you can see, there are a lot of major factors behind gaining a profit with a free app. Just because it’s free, that doesn’t mean you can not gain a profit and monetize an app.

In fact, offering a free app might help you increase a bank balance than offering it for a solid price. So, remember, if you want to hit the marketplace with the right income, a powerful marketing campaign is required. Without one, the app will not hit the users nor will it generate profit for you.

ByDavid Adamson

Why should you have your own Mobile App for your Business in 2024?

According to a survey, smartphone users are 6.92 billion in 2024, which will reach 8 billion in 2025.

Today every 2nd person is using a smartphone because he wants all the things in one touch on his fingers (i. e. an online shopping site) where we can buy 24/7 everything which is wanting for our necessities similarly every sector take on his business wants on virtual platform (i.e. Medical Industry, Grocery Store, Education Sector, Entertainment, Sports, Cooking and many more).

Why should you have your own Mobile App for your Business in 2024?

Having your own mobile app for your business can offer several benefits and advantages, which is why many businesses choose to invest in app development. Here are some compelling reasons to consider having a mobile app for your business:

Enhanced Customer Engagement: Mobile apps provide a direct and personalized channel to engage with your customers. You can send push notifications, updates, and promotions, increasing the likelihood of user interaction and retention.

Improved Customer Loyalty: A well-designed app can foster a sense of loyalty among your customers. They can easily access your products or services, make purchases, and receive rewards or discounts through the app.

Increased Accessibility: Apps are readily available on a user’s device, making it convenient for them to interact with your business whenever they need to, even when offline.

Enhanced User Experience: Apps can be designed with user-friendly interfaces, providing a smoother and more enjoyable experience compared to mobile websites. This can lead to higher user satisfaction and increased usage.

Direct Marketing Channel: You can use your app as a marketing tool, sending personalized content, product recommendations, and offers to users based on their preferences and behavior.

Data Collection and Analysis: Mobile apps can collect valuable user data, which you can analyze to gain insights into customer behavior, preferences, and trends. This data can inform your business strategies and decision-making.

Brand Visibility: Having your app icon on a user’s device screen serves as a constant reminder of your brand. It can help increase brand visibility and recognition.

Competitive Advantage: Many businesses already have mobile apps, and having one can be a competitive advantage in industries where mobile engagement is critical.

Easier Customer Support: Apps can include features for customer support, such as chat, FAQs, or ticketing systems, making it easier for customers to get assistance when needed.

Monetization Opportunities: You can monetize your app through various means, such as in-app advertising, subscription models, or in-app purchases, creating additional revenue streams for your business.

Location-Based Services: Apps can use GPS and location data to offer location-specific services or promotions, enhancing the relevance of your offerings.

Offline Access: Some app functionality can be available offline, allowing users to access certain features or content even without an internet connection.

Customer Feedback: You can incorporate feedback mechanisms into your app, allowing users to provide input and suggestions, which can help improve your products or services.

Integration with Other Systems: Mobile apps can integrate with your existing business systems, such as CRM software, inventory management, or e-commerce platforms, streamlining operations.

Scalability: Apps can scale with your business. As your business grows, you can add new features and functionalities to the app to meet evolving customer needs.

However, it’s essential to approach app development thoughtfully. Consider your target audience, objectives, and budget, and ensure that your app aligns with your overall business strategy. Additionally, user privacy and data security should be top priorities when developing and maintaining a mobile app.

Advanced Mobile Application for Your Business 2024

The following dynamic mobile app development features can help to dive into details while making an advanced mobile application for your business:

Simplicity (User-Friendly)

Top-notch application making is exceptionally vital. The application should be informative, innovative and simple to explore. It should focus on interaction and simplicity, be not complicated and incorporate the things that are expected.

Review and Commenting Options

Review or comment providing is critical to accumulate a reputation. Let users report bugs, suggestions or complaints, then give them review about the further changes or improvements and fixes by using an open forum. It will be valued that their recommendations are heard and approved. It helps in enhance trust and reliability.

Push Notifications

Notification is the most essential feature for direct interaction with your customers or users by pushed notification on their device. It is used for writing on new features, sending promotional deals that drive commitment and monetization opportunities.

Optimization

By optimizing content, responsive, framework functionality, the experience can be according to meet user’s needs. Things can be moved around an interface to preference user’s taste, interesting themes can be chosen and colors, text styles, different elements identified with the visual design can be changed.

Augmented Reality

A creative and dynamic feature that permits “to try before purchase” model. This model empowers to take a stab at new things or products dependent on users’ characteristics to build their ability before settling on a choice to buy. AR feature goes past the domains of the real world and furnishes with something energizing and amazingly interactive.

Social Integration

Social integration is a key feature for customers connecting and brand awareness within the app environment. Integrating with social channels simplifies the signing up process by retrieving data from the channel, enables sharing creative post about various events to left users engaged with the application.

Google Maps

It is a generally new feature that allows navigating inside indoor areas (shopping centers, libraries, sports venues or community hall). Indoor-maps include is helpful for finding the shortest way to a specific store inside a shopping center, or navigating a large community hall, finding the nearest restaurants, or cafés etc.

Hopefully, this mobile app idea post helps you with your business growth. Stay tuned for more updates!

ByDavid Adamson

Top 101 New Mobile App Ideas For 2023

The total amount of smartphone apps available throughout the Apple Store and the Google Play store keeps growing. As a result, programmers’ revenues are also rising, and we wouldn’t anticipate any significant modifications in the following years.

Even though you also possess the necessary expertise and spending plan, arriving with new concepts for a smartphone app seems to be a difficult job in this fast-growing as well as aggressive ground like this. Even so, innovative ideas are essential if you really would like to set up a company, introduce a fresh one, or expand an established one. Therefore, the below 101 app ideas for 2023 are adequate.

Here are 101 new app ideas across various categories:

  1. Social Media:
  • Photo and video sharing app
  • Group chat and messaging app
  • Virtual event platform
  • Video conferencing app
  • Dating app
  • Pet social network
  • Fan club app
  • Influencer marketing platform
  1. Gaming:
  • Mobile games
  • Augmented reality games
  • Esports platform
  • Puzzle games
  • Action games
  • Casual games
  • Multiplayer games
  1. Fitness:
  • Workout and exercise tracking app
  • Virtual personal training app
  • Yoga and meditation app
  • Nutrition and diet tracking app
  • Workout challenges app
  1. Lifestyle:
  • Home organization and management app
  • Personal productivity app
  • Meal planning and grocery shopping app
  • Fashion and beauty app
  • Personal shopping assistant app
  • Home cleaning and maintenance app
  1. Education:
  • Language learning app
  • Coding bootcamp app
  • Online course platform
  • Virtual tutoring app
  • Digital textbook app
  1. Travel:
  • Hotel and vacation rental booking app
  • Flight booking app
  • Tour and activity booking app
  • Travel diary and journal app
  • Local travel guide app
  1. Food and Drink:
  • Recipe and meal planning app
  • Food delivery app
  • Restaurant discovery and review app
  • Meal kit delivery service app
  • Wine and cocktail discovery app
  1. Health and Wellness:
  • Mental health and therapy app
  • Telemedicine and virtual doctor visits app
  • Sleep tracking and improvement app
  • Personalized health and wellness app
  • Medical record management app
  1. Home Automation:
  • Smart home device control app
  • Home security and monitoring app
  • Energy management and monitoring app
  • Home entertainment system control app
  • Home automation and voice control app
  1. Personal Finance:
  • Budgeting and expense tracking app
  • Investment and wealth management app
  • Bill payment and reminder app
  • Personal loan and credit management app
  • Real-time stock tracking app.

These are just a few examples, the possibilities are endless! The key is to find a problem or need and develop an app that provides a valuable solution.

According to the most recent Statistical data, over 6.055 billion mobile phone users worldwide. Furthermore, smartphone software income will reach $935 billion by 2023.

Top-notch smartphone application idea for everybody

A smartphone app is a popular way for companies to discover and reach out to prospective clients. Every member of the younger crowd owns a mobile phone. These three catchphrases of achievement in the smartphone app universe are simplicity, quickness, and easy accessibility. 

However, discovering this and simplifying this for the viewer is a joy. So here are the top 10 app ideas for the upcoming business venture. Over a year, further than 22.4 million people utilize on-demand applications.

Digital Interior Design Software: 

AR applications have already advanced to the point where they can be used as the foundation for fantastic products in various fields. For instance, you could create an application that allows you to upload a picture of your space and, after that, try new things with different indoor design components such as changing wall colors, experimenting with light, adding and removing drapes and household equipment, and so on.

This is a fantastic app concept for a smartphone startup, which you could commercialize by collaborating with furniture shops, repair facilities, or design firms.

Artificial intelligence-enhanced banking solutions:

The financial institution’s industry’s operations have significantly been streamlined due to digitalization. The procedure has become much more concise, and the results are almost every time, nearly every time immediate and easy to understand.

While mobile app development companies make the above job easier, implementing AI inside the financial sector might be a completely different experience. Consider a structure that can recognize your user behavior and display important information in the shape of a center console!

Such software will not just improve the consumer experience; however, this can already be designed to boost the safety of your profile. A genuinely united AI system that allows you to integrate all of your banking activities under one roof.

Application for Environmental Resource control:

The latest fuel crisis has impacted the well-being of business owners and employees. Even a plain lower preparation limit could have easily avoided this kind of emergency. Consider a modular smartphone app that might be used with any energy usage framework to monitor reserves. These solutions pave the way for a more sustainable future.

Many businesses are shifting to greener options to align their processes better with the “greater scheme of things.” However, they fail to grasp the user-friendly software that also provides functionality.

A Useful Tourist Guide:

The tourism sector is massive and contains numerous working components. Therefore, tourists and visitors can enjoy the benefits of an electronic medium that is simple to use and streamlines the entire process.

Travel book software will cater to visitors and vacationers in the location and provide new possibilities to local businesses.

Integrating artificial intelligence into this system could help tourists overcome practical problems in exploration such as language difficulties. Automation can learn from this user’s actions and set up a framework tailored to these actions. 

Many customized software development firms are venturing into the advancement of AI-powered smartphone apps. This might be a show-stopper.

HR Management Software:

This is as easy as that: the HR department can render or shatter your organization. As a result, organizations are being pressured to find innovative strategies to handle human resources to reduce operational expenses and increase effectiveness. Furthermore, the latest disease outbreak has had a massive effect on a firm’s Hr Department.

Unique HR management software can transform the way businesses operate. However, numerous HR activities are becoming obsolete as organizations adopt a combination work model.

Professionals are now under a great deal of stress trying to adjust to new job designs. Whenever it relates to streamlining the procedure, utilizing AI may be the most significant practical answer. AI-enabled Human resource assistants might be a method for fresh employees to avoid this stumbling block.

Appointment Software for Doctors:

Digital healthcare solutions have benefited doctors, clients, and medical providers equally. Mobile health innovation puts all of the information required by healthcare professionals at their hands. 

It also encourages patients to participate throughout their medical services. Doctor appointment applications are a helpful smartphone app notion that can help all parties associated save hours and hard work. It could be an application that allows clients to schedule meetings according to their own and with the help of a doctor. 

Patients would still save energy/cost by not needing to drive long distances and wait in long rows if these booking apps were available. The development of doctor meeting applications has been increasing, and presently is the finest time to put money in one.

App for Transportation:

Many people want to transfer products to specific places as soon as possible, but getting the correct assistance at the proper time is difficult. After unloading their shipment, some automobiles return vacant. Any transportation software can provide information regarding available vehicles for transporting goods in such cases.

AI-Enabled Recording Industry Marketplace:

Famous musicians may find purchasing and selling melodic instruments to be time-consuming and challenging. You could initiate a music business online platform where individuals can buy and sell fresh, utilized, and antique musical equipment. 

Another of the novel innovation concepts is to guarantee that a payment or purchase has been completed at a mutually acceptable value. It enables vendors to produce an auto bid by checking previous follows appropriate to their stream. 

The user must define auto-bid parameters based on the status chosen and confirm if or not that vendor is the power buyer. The mobile app development cost is quite huge.

mobile app development cost

App for tracking spending:

However, keeping track of our monthly income and how much we invest in expenditures is challenging. Some individuals use notebooks and pens to make notes of their purchases, which requires them to manually evaluate everything, collect the outcome, and work similarly.

Do you realize why applications are necessary? Because manual estimation is not always correct, it may turn out to be wrong and will affect your budgeted amount or end up causing you problems in the long term because the spending on expenditures and payment schedule depends on the estimation that you performed manually. 

Moreover, it seems even time-consuming because you must remember all of the minor details and evaluate them accordingly.

The answer to this would be the Spending monitoring app, which allows you to maintain a record of that rental expenditure, billing information, rental or annual payment, and everything else.

App for Event Management:

Handling an occasion is a difficult task because whenever you organize a celebration, everything must be planned as well as not a minute detail can be overlooked. Therefore, you must remember everything in order and employ many units to manage and make the occasions a success.

But when you obtain an application that enables you to plan the entire event, that will be beneficial. Regarding everything, you receive the alert on time and receive the items before the event time frame.

This is feasible by incorporating an appropriate event management application that enables any event, such as a career event, a conference event, a special occasion, and many other significant events, to be easily accomplished.

Conclusion

If you choose any such alternatives, 2023 will become a fantastic year! You can, moreover, go further with these suggestions to create your Smartphone application and run a fruitful small company setup. 

Mobile software concepts, in our viewpoint, work as a chain response- one notion leads to another, and so forth. Consequently, you can use our creative startup concepts or allow them to motivate you to create your own.

ByDavid Adamson

Benefits Of Mobile Apps In Cryptocurrency Trading Business

Today the world is driven by technology. Traditional means of trading, such as real estate and stocks, are no longer the trend, but Mobile apps in cryptocurrency trading are taking over the market. What types are there on the market and what are their main benefits? Let`s find out!


Mobile Apps for Cryptocurrency Trading

Today, it is almost impossible to trade cryptocurrency professionally without using a mobile app development. The definition of cryptocurrency itself proves that point, because the Internet payment method, which promises decentralization and compatibility as well as usability worldwide, cannot be tied to desktop computers only.

That’s why there is hardly any other area of finance that is designed for use on mobile devices as cryptocurrency payment methods.

Not only does a cryptocurrency app allow users to follow the market anytime, anywhere, and not be surprised by rapid changes, but it also offers great convenience. In addition, the cryptocurrency app serves as a kind of command center in their pocket, decisions can be made quickly and thanks to the mobile Internet in real-time.

What Types of Apps Are There on the Market?

Types of crypto applications include trading applications, asset management applications, information collection applications, and wallet applications, etc. Let`s take a look at each option closely.

Trading Application


In general, you have a variety of options for using cryptocurrencies for so-called crypto-trading. One of the options is, of course, the classic buying and selling of cryptocurrencies at different rates.


First of all, the advantage of having rates for many cryptocurrencies in one cryptocurrency app. In addition, you are much more flexible than if you had to go online every time you check current rates on your home computer.

You can keep an eye on your investments when you’re away from home, in a coffee shop, on the bus, or even on a hike, and react immediately if you get the latest financial sector news. In addition, the security of your trading increases exponentially through the use of the cryptocurrency app.

Asset Management App


One can collectively manage the crypto assets it holds and check the total number of assets in real-time. An alert feature that sends a notification when a specified price is reached is also handy.

News Apps


Cryptocurrency trading applications are also being used for information gathering.


There are numerous apps about cryptocurrency trading with extensive content for beginners. Which is one of the main advantages why such apps are good for business.

Cryptocurrency apps are a great entering point for beginners.

In the topic of crypto, you need to keep your finger on the pulse. So such apps can gather news feeds from popular sites.

Crypto Wallets

For those who use bitcoins daily to pay for goods, the BTC mobile wallet is an indispensable tool. It runs through an app on your smartphone and allows you to pay directly from your cell phone while saving private keys. In addition, some apps allow you to use NFC tags. This means that all you have to do is swipe your smartphone across the reader without revealing any information.

Now let`s go into more detail about the advantages of cryptocurrency apps.


More Safety Compared to Websites


Smartphone security is important. Of course, this also applies to cryptocurrency apps.


First of all, many trading platforms use a smartphone to enhance security measures. For example, the trading platform Binance uses apps to add double verification, thereby protecting users from potential hackers.

According to Statista, 70% of hacking attacks are aimed at websites.

However, it is still crucial to carefully examine a company’s security features before downloading a trading or wallet app from the Google Play Store or App Store.

Always pay attention to two-factor authentication and internal encryption to keep your coins as secure as possible.

A Higher Number of Trades

Such investors trade more actively than those who trade via computers or laptops. On average, a smartphone investor makes 10 trades a month, while a laptop investor makes 5.

A survey of crypto-traders in more than 70 countries revealed that 83% of traders use smartphones to check the rating of the exchange. Checkout the list of top crypto exchanges which have mobile app too.


The reason for it is simplified UI/UX, transparency of information, and the ability to use smartphones anywhere.

Bigger Investments


Using mobile apps, investors tend to spend more money on trades.


According to researchers, this investor behavior is largely due to the design and functionality of mobile trading apps. Some are deliberately designed to increase the number of trades.


The colors used in the app serve as triggers. They often use red and green to motivate an investor to make a quick decision regarding the purchase of certain stocks.


The appearance of these colors indicates a deliberate incentive to make more trades.

Wrapping Up


Starting to trade on the stock market with a crypto trading app is now very easy. For now, crypto apps are still mostly offered by large brokers and exchanges that present their special offerings.
On the other hand, many apps are more informative and do not allow trading, but offer wallet organization and portfolio options.

They are mostly useful for beginners who are just starting their way into the world of crypto-trading.

ByDavid Adamson

Want An App Like Uber For Your Business? Know (Cost + Features) And Other Details

Ride-sharing applications like Uber have become a tremendous comfort for consumers in urban centers where highways are jam-packed with traffic and parking is scarce. The fast-rising demand for personal automobile trips has prompted entrepreneurs to consider how to create the best mobile apps like Uber and launch them in their local market or even globally.

If you evaluate the current state of Uber, it is expected to reach $319 million by 2023. To Build Best Mobile Apps Like Uber is a smart move in case you want to explore the most growing business opportunity in the app market. However, creating apps like Uber isn’t as easy and needs careful planning.

So, leave aside your assumptions and go deep into the app development process to obtain the answer to the big question: and how much would it cost to develop the best mobile apps like Uber?

Overview of best mobile apps like Uber

With services available 24 hours a day, seven days a week in more than 80 countries and in 800 locations, the Uber App has been the most popular car booking app since it was launched in 2013.

Mobile Apps Like Uber For Android and iOS connect a large number of drivers with their potential customers. The built-in GPS feature of the app allows the driver and passenger to track the whereabouts of each other in real-time, lowering the risk of a communication collapse.

Is that not astounding? Uber has distinguished itself by its fluid application interface, hassle-free connectivity, easy navigation, careful marketing effort, and few problem complaints in the industry.

Uber Backend

The background of the Uber app is the basis of its efficient operation. The uber server receives analyses and sends the necessary response to both the driver and the passenger through the app. Uber has a strong backend that allows for faster data processing and improved app functionality.

Best mobile apps like Uber: Development cost and timeframe

When you decide to create the best mobile apps like Uber, the first thing that comes to mind is probably how much it will cost you. Do you require the services of Android app developers? The most common response is that it depends on the level of complexity you’re adding to the functionality and the features you’re adding to your app.

However, we’ll assist you in digging deeper and providing real insights into features, as well as an estimate of time and cost, so you can make an informed decision.

Features of the app like Uber

1. Geolocation

Geolocation and routing servers are the actual heroes behind the success of the Uber app! This is the first and most crucial feature that we search for in a cab booking application. Many entrepreneurs in the transportation industry are troubled by the fact that taxi booking apps rely solely on GPS systems. Yes, it certainly is! However, it hides the complex architecture and process for determining the exact distance and route. Instead of relying solely on GPS systems, a routing server would be required for seamless routing and ride-matching mechanisms.

2. Cashless Payment

If you’re thinking about creating your own Uber-style app, the second most important feature to consider is a secure and seamless payment system. Uber uses a fare calculator in the app to provide accurate cost estimates. During trip costs for the users, the fare calculator can assess numerous elements. The cost of the journey is mostly decided by the type of vehicle you book, the basic rate, per-minute costs, safe ride charges, mileage costs, and other considerations.

Whether you’re developing the best mobile apps like Uber for Android or iOS, there are a variety of payment options available, including PayPal, credit cards, scanning cards on the screen, and so on.

3. Customer Registration

The two key features which allow you to track the potential audience while developing an On-Demand Taxi Booking App are customer registration and profiles. Allow customers to register via a social media platform or directly via email to make this process quick and simple. You can also request their phone number for easy communication.

4. App Notification

Uber uses two separate push notification techniques to keep clients up-to-date with your latest deals, discounts and budget packages.

5.  UI/UX Design

There are a variety of ride-sharing apps on the market, but Uber has the most attractive, user-friendly, and secure UI/UX, so it dominates the ride-sharing market. You can also employ a reputable app developer to tailor the app to your needs.

Cost of development for best mobile apps like Uber

Due to diverse applications and their cost, mobile app development solutions never come at a fixed price. The app’s value varies depending on the company, the developer’s skills, and his or her experience. Additionally, when it comes to launching the app, business owners can choose the features that best suit their needs and budget.

However, given all the necessary features and elements like the above, which distinguishes your on-demand taxi booking app from the competition, the ultimate cost of developing an app like Uber for Android or iOS platforms ranges from $55000 to $120,000.

Advantages of hiring a trusted mobile app developer

The best way to put your business ahead of the competitive industry is to cooperate with a reputed mobile app developer who understands the pulse of the market and uses proven methodology for developing apps with unique and inventive strategy.

When it comes to developing the best mobile apps like Uber, the most important thing is to check into the tech packs of the app. An experienced tech team of developers not only use the latest technologies, but they can also use appropriate programming languages for application development to integrate the functionality and features of your app.

Final thoughts

Building the best mobile apps like Uber is a lengthy process that necessitates a significant amount of time, effort, and money. Because developing this advanced level of application for startups and SMEs can be costly, we have broken down each segment and feature of the app, as well as the cost and time it takes to develop it.

As a company owner you can choose and adapt the application structure that best meets your needs and budget. After that, Contact Uber Clone App which is named as the Best Mobile Clone App Development Company in the USA as well as also in India that upgrades your  app with new features and promotes your existing business through carefully planned marketing campaigns.

ByDavid Adamson

5 Useful Tricks That Makes Your Uber Clone App Special

Uber is the epitome of the business role model company when it comes to ride-sharing. This app shook the industry of private transportation. The reason why it is on the top is that it deals with the most common problem. A taxi is a stress-free, pocket friendly and very quick mode of commuting. But as the population of the world is rapidly growing, a masterpiece like the uber clone app is a necessity for common people, drivers and entrepreneurs. 

Uber is beneficial for both its customer and the employees, linking them 24/7. Uber has created an impact on the people as it is in the business for a very long period.  If you are looking to build a business in the taxi industry, Uber is the best application to take as an inspiration.

Why you should go for the Uber Clone Application?

Everyone is a mobile user now. It is used to full fill all the needs. From basic to secondary, this technology is capable of performing everything. As quick and efficient transportation is the need of the hour, a lot of entrepreneurs are investing in the Uber taxi clone app. The app satisfies the requirements of all three participants.

How the Uber App Works?

The app is very easy to use. There are two different apps, one for the passengers and another one for the drivers. If you’re a commuter then first you need to register yourself, enable your location and that’s it. Now you can get cabs nearby. Drivers need to register alongside their vehicle. The user is provided with all the information like the name of the driver, vehicle’s number, distance, and fare. The app also has multiple payment options.

So theuber clone app for taxi business should have basic functions like this.

5 Tricks that make your Uber Clone App Special

Now we know what is Uber, why it is so successful and how it works. So now we will discuss some tips and tricks to make your Uber Taxi Clone app special.

1. Riders And Drivers are EQUAL

Most articles will talk about how you should rank your customers a bit higher. But the fact that the vehicles aren’t owned by you is the reason why both are equally important. So this means, both the passenger and driver should have equal rights. There should be an option of cancelling the ride for both parties. Time is equally important for the two of them, so both should pay a fine for letting their counterparts wait. It’s your responsibility to maintain an equilibrium between the two. The convenience of both of them should be important for you.

2. Choose Service Over Advertisement

Marketing is, of course, a key factor affecting the business. But in this case, you can’t be over-dependent on it.  Numerous uber clone app for taxi business has been down and dusted since they were relying completely on marketing. These are the technicalities which you have to work on. A taxi app should be simple yet innovative. So your aim should be providing quality service.

3. Simple is Effective

The downfall of many ride rental apps was because of excessively using the features. More is not always good. Piling the app with unnecessary features will make it complex. So don’t start experimenting straightway. In the beginning stick to the basics. Uber always used to introduce many features but they were kept only if they were effective and useful. So start slowly and once you have a base, you can experiment around your app.

4. Payments

Uber offers several ways of payment. Creating a cashless system means you have to ensure financial encryption of your passenger’s data. There are several payment gateway providers, which can make integration an easy process for you. So just create a cashless system and make your app much better.

5. Take small Steps

Uber didn’t really have a variety of cars from the beginning. They started with luxury cars as US already had a huge demand for them. They now have several options like sedan, micro, mini, and also ride-sharing. They understood the needs of their passengers and built a strategy to satisfy their requirements. Again you can learn that once you have your base, you can expand your circle.

Summary

So you have to understand the requirements of both riders and drivers. Innovation is necessary but quality service and ticking all the boxes of technicality will help you plant yourself in this industry.

Understand your locality or region and customize your app accordingly. Know what you exactly want and also what you want to provide.

ByVitaly Kuprenko

TikTok App Development: Features, Technologies, and Expenses Revealed

TikTok is a newcomer to the world of entertainment application. It has managed to gather more than 800 million monthly active users for its short period of existence.. These users spend hours while creating and watching content. 

Entrepreneurs, fascinated with a rapid rise of TikTok’s popularity, wonder how to make a TikTok-like app and how much it costs.

In this post, we’ve covered basic and advanced features, tech-stack, and ready-made estimation.

TikTok’s Concept   

TikTok is a video sharing app that allows users to both create and consume the content. It lets users record videos no longer than 60 seconds applying various sounds and music. Besides, users can apply masks, filters, editing effects, and so on.

Users decide what content to create on their own. While some of them make short educational videos that try to cover some topics within a minute, others show their creativity and create short videos that can be converted to a live wallpaper. 

TikTok Algorithms

Recently, TikTok disclosed some information about its suggestion system. So, let’s try to figure things out. 

If you’re familiar with TikTok, you should know that the For You page is the heart of TikTok, where you can find new videos. But how does TikTok suggest the content?

The system analyzes a set of factors that indicate your level of involvement in the content. Here are the main factors:

  • User interactions: videos that users like, ignore, share, accounts that they follow, the number of comments, and the type of content users create. 
  • Video information: analyzing captions, hashtags, and sounds that users use to create content.
  • Device and account information: analyzing users’ language, country of location, and device type. 

Each of these factors is assessed by TikTok individually for every user. Some of the factors have more weight, while others have less.

Thus, if you’ve watched a minute-long video to the end, TikTok assigns a strong indicator of interest to similar videos.

This indicator is more powerful than minor factors, like viewers’ and creators’ country of origin. 

On top of that, during the first launch, TikTok offers users to choose the categories of their interest and match videos with their preferences.

If the user skips this step, TikTok shows them the most popular videos. 

Features and Technologies of a TikTok-like App

If you’re planning on building an app like TikTok, you should think about essential features beforehand. A TikTok clone with identical features is an expensive and labor-intensive project.

That’s why entrepreneurs use a minimum viable project (a project that demonstrates the app’s basic concept) to test the idea and reduce time-to-market. If the idea appears to be successful, you can integrate advanced features.

Basic features of TikTok

TikTok Basic Features 

Log in / sign up

Users should have a personal account to post the content. Even though TikTok doesn’t oblige viewers to register on the platform, a personal account can improve suggestions and overall user experience. Take care of several options for sign up like email, social networks, and a phone number.

Profile management

Viewers will know more about content creators if you provide a customizable profile. Thus, let users change their profile picture, username, add a bio, and so on. 

Upload videos

The key to success lies in a fast and simple video upload. Any users that decided to post a video should sort out the process with ease. 

Filters and effects

What makes TikTok so successful? Users can apply effects and filters to set the overall mood of the video. Retouching filters for traveling videos or funny masks for comical videos. Your app should have all of them. However, it’s impossible to satisfy every user. In the future, offer your users to add effects by themselves. Thus, they’ll get the exact effects they need for the video, and your design team will have less work to do. 

Sounds

Video without the soundtrack seems half empty. A peaceful soundtrack is a perfect match for an attractive nature edit. So, let your users add custom sounds that last no longer than a minute. However, take care of copyrights. If you use a song without the agreement with a music label, you’ll probably face copyright strikes or even large fines.

Likes and comments

As any social network and video sharing service, TikTok has likes and comments. Comments allow users to communicate with a content creator, while likes help to adjust the suggestion system.

Sharing

Viewers always want to share quality content with their friends. TikTok allows users to share posts via social media and messengers like Facebook, Facebook Messenger, Telegram, Twitter, and more.  

Push notifications

Notifications help to keep users posted about the latest updates of their favorite content creators. Content creators, in their turn, should be notified about the comments, likes, and shares of their videos. 

Admin panel

With the help of the admin panel, admins monitor the content, comments, and manage users. 

TikTok Advanced Features

TikTok App Development

Geolocation

Geolocation allows you to detect users’ positions and offer the content posted by users from the same region. 

Live video streaming

With video streaming, content creators will be able to communicate with their audience and gather feedback about their work.

AR filters

AR filters can change the appearance of surroundings, like hair color, or add objects above the users’ heads, and so on. Apart from being useful, this technology simply brings the fun. So, it’s a good idea to add AR filters into your app. 

Tech Stack for TikTok App Development

To build a TikTok-like app, you have to understand the requirements for your project clearly. Technologies vary depending on the features and final expectations for your project. That’s why the following tech stack is approximate. 

First, you have to decide on the platform. The majority of modern apps can be built with Swift (iOS) or Kotlin (Android). However, if you’re going for a project for both platforms, it’s worth considering a cross-platform framework.  Flutter is one of the best frameworks for now that can significantly shorten the development time and deliver high performance. 

As for the back-end development, programmers use Node.js programming language and MongoDB or MySQL for databases. Amazon S3 is the most popular cloud storage for mobile apps. Services like Google Cloud Messaging and Apple Push Notifications will help developers to customize notifications for specific needs. Finally, ML Kit and ARCore are the frameworks used for AR masks and filters. 

TikTok App Development Price

While estimating the cost to build a TikTok-like app, you have to consider several factors that affect the price. In this section, we’ll single out each of them and figure out how strong their impact is.

Platforms

It’s obvious that you need to develop an app for both platforms to cover more audience. However, if you’re on a budget, you should choose between iOS and Android, taking your target audience into account.  As for the second platform, you can cover it later.

Native development for both platforms doubles the price compared to the project for a single platform. If you’re going for a cross-platform development, a project for both platforms takes 20% more time than native development for iOS or Android. However, cross-platform apps are often limited in terms of design, performance, and custom features.

Design 

The design is an integral part of the whale project. Without the design, developers won’t have a basis to work on. Depending on your requirements, the design may take up to 30% of the overall development time. 

Development Team

Before searching for a tech partner, you have to know the possible hiring options. The most popular of them are outsourcing companies and in-house teams. Each option has its own benefits and drawbacks. 

In-house teams are much more expensive since developers’ rates in the US and Europe are quite high. Plus, equipment and office rent increases the overall cost of your project. And as for the benefits, in-house teams grant you a high level of control over the development process and superb level of communication with developers. 

In their turn, outsourcing app development companies are popular among startups and large companies. Vendors from different regions provide different hourly rates that are often significantly lower than hiring in-house teams. However, low prices don’t affect product quality. For example, with 192,100 developers, Ukraine has one of the biggest talent pools in Eastern Europe. Still, to hire a dedicated development team, you need to conduct research and check client feedback about companies. 

Wrapping Up

As you can see, TikTok-like app development is a complicated and time-consuming process. It requires you to clearly define the project requirements, make a feature list, and cooperate with developers. As for your engineers, they should have deep expertise with various technologies and understand the niche. However, nothing is impossible when you choose a reliable tech partner.

ByAaron Starc

6 Surefire Strategies to Convince People to Use Your App and Convert

In this fierce mobile market, marketers and app developers are striving hard to keep their audience stick to their app and increase the user retention rate.

They put their best efforts, time, and energy to meet users’ needs and desires. But unfortunately, it is not simple enough.

Keeping your users engaged and preventing them from uninstalling your app is a daunting task.  

According to the data published by Localytics, more than 23% of apps are only used once and never opened again.

If people are engaging with your business, and customers are placing orders through your app, chances are your business will generate more revenue and profits.

But the problem is how companies can continuously capitalize on these benefits by keeping users engaged in your business app.

Social media giants such as Facebook Messenger, YouTube, Instagram, and Twitter are real-life examples that are keeping a large number of engaged users.

Marketers and mobile app developers must figure out what factors can prevent people from using your app and how they can get more and more engaged users.

Here are some useful tips for businesses to improve user retention rates and keep their audience engaged.

Create an Out-of-the-box Onboarding Experience

Your onboarding process can make or break your app’s success. Believe it or not, the onboarding experience is the first thing your users will notice.

You can make the most out of your onboarding process by providing a lot of benefits of your app.

Instead of using the onboarding process to guide users on how to use the app, try some interesting and useful tricks to engage your audience.

During the onboarding phase, tell users how your app can help them solve their pain points or in how many ways your app can be used.

In short, you can use the onboarding experience to show the real value of your app by giving more emphasis on features.

Showing more visual content and less text content is another effective way to engage your app users.

Remember, users’ time is precious, so create a quick and engaging onboarding experience that gets users to go with your app.  

Use Push Notifications Wisely

Notifications, if use right, can serve as a helpful reminder to encourage users to open your app.

Keep in mind that bombarding your users with too many push notifications can make your users irritated and lead your app towards failure.

Furthermore, if you send push notifications too often, chances are they will uninstall your app. It can also have a negative impact on your user retention rate and get users to download your competitor’s app.

For best results, you can customize your push notifications according to the target audience, location, and platforms.

Make sure you implement push notifications wisely in your user engagement strategy.  

mobile app development company

Focus on App Performance and Speed

In order to provide your users with an amazing app experience, your mobile app development team should invest their time and effort in creating neatly-written threads of code to ensure perfect app speed.

App performance and speed are the most important factors that developers need to carefully consider, especially if your target audience is smart enough and doesn’t think for a second to uninstall your app for poor performance.

Therefore, mobile app developers are strongly advised to work on the performance and speed of the app and carefully monitor the crash reports.

Therefore, mobile app developers are strongly advised to work on the performance and speed of the app and carefully monitor the crash reports.

Being aware of users’ feedback can help you figure out what problems they are facing. It will help you improve your app performance and prevent users from uninstalling your app.

To put in a nutshell, offering a fast and functional app is the key to increase the app engagement rate.  

Make Sure it Takes Less Internal Storage and Drain Less Battery

If your app is consuming more battery or taking a lot of space, it is more likely that users will download your competitor’s app that offers the same features, take less space and drain less battery.

A survey suggests that more than 50% of users tend to uninstall the app that takes larger internal space and prefer to download the app that saves space.

You can increase your number of downloads and user retention rate by simply considering these factors in mind.

Regularly Check User Behavior Analytics Tool

Another important tactic that app development companies can use to boost user engagement is to get users’ insights, analyze them, and improve the performance of your app.

When you know well what features people are using the most, what paths they follow to navigate the app, where they click, you will be better able to understand what your users like most and make necessary tweaks to improve user engagement.

Furthermore, using the user behavior analytics tool is an effective way to make sure your app is performing well.

Learn from User Feedback

One of the biggest mistakes many app developers make is ignoring app reviews and not trying to solve the problems users are experiencing with the app.

User feedback should be an essential part of your app store optimization strategy and pay close attention to what people are saying about your app.

Listening to users’ problems and ideas and trying to solve those issues and implementing their ideas is the key to the long-term success of your mobile app.

Trust me; there is no better way to engage your users and improve your app performance than learning from user feedback.  

Keeping all the above-cited tips and strategies will definitely help mobile app developers to come up with a better version of your app that will definitely keep your users engaged and coming back.

ByVitaly Kuprenko

How To Create a Netflix-Like Streaming Service

It’s hard to beat Netflix in terms of popularity. However, it is not the only content streaming service around.

Hulu, Amazon, Disney+, and others have found their niches. Does it mean you can repeat their success? Well, why not, if you choose the right strategy.

How Much Does It Cost To Build a Streaming Service Like Netflix

Let’s review the main stages you’ll have to go through and try to figure out the total cost of the project.

How Does Netflix Work?

While we are speaking not only about Netflix, we’ll take it as an example, as it illustrates the functioning of streaming services well.

It provides on-demand video to its subscribers for a monthly fee. Once paying this fee, a user gets unlimited access to content from almost any device.

A lot of extra features let customize the app and add convenience.

How Does Netflix Work?

How to Make an App like Netflix

Developing a streaming service from scratch is a complicated process.

No matter whether you are looking for how to make live streaming app or a website like Netflix, Here are six main steps you’ll have to go through.

How to Make an App like Netflix
  1. Select a niche. Of course, you may try to seize the unseizable by pleasing all types of viewers. But this goal seems too ambitious and hard to achieve. After all, you’ll hardly ever be the second Netflix. That is why it’s important to focus on certain types of content and try to become the best of the best in your narrow niche.
  2. Make a content plan. At this stage, you need to decide how and under what terms you will provide content. For example, decide how often you are going to add new content, whether you are going to provide something for free or not. 
  3. Get a license to comply with the law. You may rent content directly from the content owner (copyright holder) or an official distributor. This is one of the main expense item, so double check what, why, and under what terms you are renting.
  4. Choose design. At this stage, you’ll need to decide between a ready-made template and developing a unique style from scratch. The latter option is preferable, though developing unique design is, definitely, pricier.
  5. Think of compatibility with different platforms. If you want to stay competitive, you should consider creating both web and mobile apps. Also, don’t forget about adaptive or responsive design. 
  6. Attract your target audience. Once you’ve determined your target audience, use various promotion tools to let them know about your product and its benefits. Popular promotion channels are YouTube, social media, and email marketing.

Developing an app like Netflix is half the battle. On the next stage, you will have to think about a business model to make the most of your product.

Choosing a Business Model

Needless to explain, the mere fact of creating an app like Netflix won’t make you a millionaire overnight.

You’ll have to work hard to make your product profitable. In particular, you’ll need to develop a business model thoroughly.

Here are the main things to consider.

Monetization

The main model of monetization for video streaming platforms is the subscription model where users pay a monthly (quarterly, yearly) fee according to their subscription plans.

Other possible models are video purchasing an advertisement.

The chart below displays the most popular monetization models depending on the type of the content streaming platform.

Monetization

Customer Lifetime Value

It’s important to understand the concept of the customer lifetime value (CLV) and be able to calculate it for your customers.

In a nutshell, this concept says that you shouldn’t be afraid of losing money on your customers in a short-term perspective if these customers will bring you profit in a long-term perspective. 

Increasing the CLV

There is one simple rule: to make customers buy more services you should keep them active.

Track each client, study his/her behavior, and offer new activities regularly.

This method is widely used by Netflix, which reduced the outflow of its customers by 4%.

Marketing Model

Marketing is important but don’t go overboard with it. A well-thought marketing campaign is the key to success.

You need to understand that clients come from various channels, and your goal is to estimate the lifetime value of each group to decide how much you can spend on each channel.

The Tech Stack for Developing a Content Streaming Platform

The tech stack includes programmer tools (programming languages, frameworks, templates, and software) used to create the desired product.

In the chart below, you can see an approximate set of programming languages used to build some popular platforms.

The Tech Stack for Developing a Content Streaming Platform

Developing a website like Netflix takes long.

To speed up the process developers often use special third-party services.

Some examples are in the following chart.

Developing a website like Netflix takes long

While these third-party services are really useful, they often don’t come free of charge.

Here are approximate prices for using some popular tools.

Here are approximate prices for using some popular tools.

An MVP for an App like Netflix

To launch a streaming platform you should create an MVP (minimal viable product) first.

Its cost largely depends on the development time, which, in turn, is determined by the feature set and the number of platforms.

In the chart below, you can see average prices based on an hourly rate of $50.

An MVP for an App like Netflix

As for the number of platforms, of course, best of all is to make your service compatible with all existing platforms.

However, when it comes to developing an MVP, you may start with a single OS – Android or iOS.

Choose the one that is more popular in your target region. 

Basic features for a minimal viable product include the following ones.

  • User registration is a feature that your service can’t exist without.
User registration is a feature that your service can’t exist without.
  • Payment gateway. Customers will need to make payments without hassle.
Payment gateway. Customers will need to make payments without hassle.
  • User profile. This feature helps users save searches, add “favorites”, and manage content in other ways.
User profile. This feature helps users save searches, add “favorites”, and manage content in other ways.
  • Search filters. For the sake of convenience, it is recommended to add several search options: by genre, by actors, by ranking, by user reviews, etc.
Search filters. For the sake of convenience, it is recommended to add several search options: by genre, by actors, by ranking, by user reviews, etc.
  • Comments and user chats. They help customers exchange opinions.
  • Push notifications. Let users know about the new series or episode availability.
  • Settings. This is a mandatory feature, which lets customize a user profile – change the language, adjust volume, etc.
Settings. This is a mandatory feature, which lets customize a user profile – change the language, adjust volume, etc.
  • Screenshot blocking. This feature is available for Android OS and protects the copyright.
  • Administration panel. You need it to manage both content and users.

If an MVP version of your project met or exceeded your expectations, you may want to develop a full-featured service with an expanded feature set.

An approximate price of such a platform development is displayed in the chart below.

An approximate price of such a platform development is displayed in the chart below.

Additional features can include the following ones:

  • signing up via a social media account;
  • adding reviews and stars;
  • live broadcasting;
  • recommendations of content;
  • geo-restriction;
  • the possibility of downloading;
  • video quality.
Additional Features of Netflix App

These features are not mandatory, but you may add them if you wish.

Important Requirements to Consider

Once your streaming app is created, make sure it complies with basic requirements to platforms of this type:

  • a reliable content storage (e.g. cloud-based);
  • stable connectivity;
  • enough bandwidth;
  • high security;
  • the right video streaming protocol.

To Sum It Up

Developing a good content streaming service from scratch is an ambitious and complicated task with many things to consider.

The total development cost depends on two key factors: the number of hours required and the hourly rate of a developer team.

For an MVP version, an approximate development time varies from 1000 to 1500 hours.

Developing a full-featured product takes from 1500 to 3000 hours. Thus, with an hourly rate of $50, the cost of an MVP version can reach $50 000 – $70 000.

A service with an expanded feature set costs $115 000 – $134 000.