Nowadays, cutting-edge technology enables mobile applications, allowing people to access digital education at their fingertips. An educational app functions as a virtual link between students and teachers. The increasing trend and need for e-learning drive educational institutions to develop educational applications for a wide range of courses. Without a doubt, the recent trend of educational app access makes institutions and businesses aware of the potential for business expansion.

Development Cost of Educational App

There are numerous factors involved that strongly influence the cost of developing educational apps. Therefore, whenever you begin your cost calculator, you must evaluate the important features, such as the choice of an os, schedule of activities, specified functionalities, and so forth. The requirements and the current online learning trends also decide the educational app development cost. The cost is also decided by the developer efficiency you require for your project. In this scenario, you may enlist the help of a skilled team to satisfy your needs precisely, or you can hire independent freelancers. A high-quality educational application will cost you between $12,000 to $45,000, based on conservative estimates of essential and must-have features. The per-hour cost in India ranges from $15 to $40.

Considerable Cost Of Educational App

Market experts believe that you should constantly consider a more effective strategy to support the technological needs of educational app development. You may choose between a native app and a cross-platform app here.

If you consider developing a native educational app, then it will only run on either the Android platform or the iOS platform. Furthermore, in order to fulfill the most updated consumer needs, the native app development procedure constantly necessitates a significant investment. Moreover, in order to accomplish all separate phases of native application development, you need to consider some factors in mind. They are as follows:

  • Higher Pricing
  • Prerequisites for a highly skilled developer
  • Developers with a high level of efficiency

If you consider developing a cross-platform educational app, you may do it at a reasonable cost. Also, there are a few quality-based cost factors for the key phases of cross-platform app development. The factors are listed below:

  • limited scope for implementing smooth features like animation and graphics.
  • low cost project.

Read Also: How Much Does It Cost to Develop an App Like Netflix?

So you have to decide between native app and cross-platform app according to your preference. Do consider the customised and integration-oriented clean exposure of a native app as you first choice if you have problems choosing one. Though it demands a significant investment but it also fulfills a wide range of requirements.

However, when deciding on a technology stack for your educational app development, you should always solicit credible suggestions from experts in the field. The type of tools and technologies that should be employed by the development team to bring you a fully functioning app primarily determined by the specific pattern of services and facilities provided by your institutions. So, before using your cost calculator for your educational app project, be prepared to discuss about it with the professionals.

Factors Influencing the Cost of Educational App Development

1) Platform for App: It is important to consider the platform on which you are developing an application. Is it iOS or Android? Each platform carries its own development complexities that require varying levels of effort and experience. In compared to Android platforms, iOS platforms are less expensive. The development costs for android applications are actually higher.

iOS applications reach financially secure people. It is important to keep in mind that Android has a greater market share than iOS. This means you can make a lot of money from it. The operating system selection will totally depend on the purpose of your application. This will play a big role in determining the cost of building your application.

2) App’s Features and Functionality: It is important to decide what features and functionalities your application will have, because the number of features and functionalities will have a significant effect on cost. The more functionalities your application has, the greater the cost will be. Therefore, you must differentiate between the main and secondary functions of your application.

3) Points of Integration: There are a couple of ways of building an app. You can either develop it as a stand-alone or integrate it within an enterprise system. Developing an app for internal users is less expensive, since you have total control over the devices and platforms supported. Integration points will cost you more money to build, but they’ll pay off in the long run.

4) Advanced Animation/Visual Effects: Your app may cost more if your app will consist of visual animations or other sort of interactive animation. When your app is designed with simple functionalities, it might not cost much. Visual effects make your app attractive and engaging. Complex animations conveying the actual concept of your app is necessary. Consider how to invoke some animations and make them cost-effective.

5) Maintenance and Support: After your application is launched, maintenance and support is very important. It requires a considerable amount of money to keep your app up-to-date and to fix any issues users may encounter.

6) Location of the Developer: The geographical location of a developer or development team also have an impact on the cost of an educational app development.

• In Eastern Europe it can vary from $80 to $190USD

• In the US and Canada, it can vary from $90 to $260 USD

• In India it vary from $15 to $60 USD

• In the United Kingdom it can vary from $80 to $190 USD

• In the Australia it can vary from $110 to $160 USD

Read Also: How Much Does It Cost To Develop An App Like eBay

How can you get developed your Education App

Hire freelancers: Hiring freelancers is less expensive than alternative engagement strategies. As a consequence, it’s a good alternative if you’re looking to save money or build a simple application. However, the recruiting process may be difficult in and of itself. Furthermore, working with freelancers is tough owing to communication issues and geographical differences. Furthermore, this approach may not always provide a high-quality end result.

Outsource your app development: Outsourcing your project to a reputable business appears to be the most cost-effective and dependable method of developing an application. After all, they have teams of skilled developers, UX/UI designers, and testers that can produce high-quality software in accordance with your company objectives. However, selecting the correct agency for a full project might be difficult. Your disengagement from the creative process and other procedures might lead to unexpected results.

Hire a dedicated development team: When designing a complicated application, a specialized development team approach works well. In this approach, app development businesses supply their clients with a team of developers and designers that collaborate as an extended team to build excellent software using their expertise while adhering to their clients’ work culture, processes, and best practices. This strategy guarantees that project requirements are communicated to clients in a smooth manner. It also sticks to a continuous development approach, which facilitates progress tracking and accountability.

Make Money From Your Educational App
1) Freemium:

A freemium approach allows customers to utilize an educational app for free for a short period. Following that, users must pay a monthly or yearly membership. The app can be segmented into two sections: the free version and the premium version. From the free version, you can take advantage of orientation modules and pilot components, but the premium version contains advanced tutorials with more elaborated content.

It is best to give a trial version of the educational app to the users. This is because they can try out the app and learn more about it. Once they learn more and feel good using the app, they can go for the premium features that is being offered.

2) Advertisements:

With the help of the advertisements, you can make money through the educational app. Most educational related businesses nowadays go for advertisements to grow their business. Therefore, one of the best place to put an advertisement is an educational app.

This is achievable with the assistance of affiliate marketing. Popup advertising show on the app’s screen constantly. Indeed, it is essential to assure that advertisements do not constantly display well before user’s eyes. Put advertisements based on the goods that the app user would be interested in for the best advertisements. And, as time passes, adverts will enhance user reach, allowing for a bigger profit.

3) In-App Purchases:

This strategy allows users to access the majority of educational app features for free. But, expanded amenities with added value might be provided at an additional fee. A language learning app is a great example of in-app purchases.

4) Subscription Fees:

If you want to monetize an educational app, you can provide free access to many things. You can give free access to the courses, lectures, and much more. In return, the user will pay a subscription fee that can be monthly or annually. Based on the users, you can set some courses available for them under a subscription. You can decide the best plan that suits them.

5) Course Fees:

Educational apps can be used as a platform to sell popular and copyright courses, and it is common practice to charge for courses. There are free workshops and webinars that can be held to attract more audiences for a particular course. Moreover, the prices can be raised for these courses after a while. This will happen only if the demand for the courses is high.

There is an average price for the courses and it is important to search for an adequate price. You can search according to the demand of the courses. It is impractical to change the pricing policy so keep that in mind. You will have to follow a product strategy when you are thinking about the price.

The price can be increased for premium access, but if broad coverage is desired, the course fee should be maintained as low as possible. Monetizing an educational app by collecting course fees necessitates regular assessment of its worth. As a result, while determining course costs, extra attention should be given.

Read Also: How Much Does It Cost To Develop An App Like Mint

When you start a project involving app development, the tech stack you would most likely choose is React Native. It is the most popular platform among developers for its benefits and cost-effectiveness. The best part is the reusability feature of the code in React Native which can be used for both iOS and Android – the two most popular platforms, meaning you do not have to find separate iOS and Android developers for your project.

Yes, you have decided to use React Native and you are pretty impressed with what the platform has to offer. But there is another dilemma – how would you find the right React Native app developer? By now, you might have plenty of questions fogging your mind – whether you should go for a freelancer, maybe hire an in-house developer or whether you should go for an app development company. Well, each of these options has their own advantages and disadvantages, especially based on where you are located.

 

Why hire a React Native App developer?

Understanding your business requirements and whether you can afford an experienced developer based on where your business stands are very important before you go to hire a React Native app developer. If you are a start up or a small business, hiring an experienced React Native app developer can be a struggle. Therefore, you must have a clear idea of what your business needs to succeed and how the person you hire will help you with that.

And about why you should hire a React Native app developer, here are a few reasons.

In case you are a start up, you barely have any time to waste. Your investors will be behind your back for results and your aim will be to release your app to the market as fast as possible. In such conditions, building an MVP seems to be a feasible option and the best way you could have that is by hiring an experienced React Native app developer.

Read Also: How Much Does It Cost To Hire An App Developer?

Now, if your intention is to migrate your app to another platform, hiring a React Native app developer will be of great help. But at first, you must have a clear idea of your requirements – both short term and long term. If you have an iOS app and you feel the need to make an Android version of it because it is more beneficial for your business, you can hire a React Native app developer instead of an Android development team to create a cross-platform application. React Native allows code reusability; so, you can use the same codebase for both platforms, helping you save money and resources.

If you already have a web application created by your in-house development team, but you also need a mobile version of it, the most beneficial option will be hiring a React Native app developer. It would be great if your in-house development team has knowledge in React; it will help them to easily handle the transition to React Native so well. Also, you will just have to hire experienced React Native rather than hiring a new Android or iOS team.

When you do have to build a mobile application, but you do not have a deadline, you can help train your in-house development team in React Native, maybe through online learning programs. This is cost-effective and also easy for them to learn if they have a JavaScript background. However, hiring a developer seems to be a better option, especially when you are creating a mobile app from scratch and you do not want to compromise the outcome because of the lack of proper knowledge of the framework.

For all the above-mentioned scenarios, there is a proper way to hire your talented React Native developers while guaranteeing an ideal skill set. Looking for the right talents is a hard task especially when software development industry has high demand. But, it gets easier if you have a clear idea of your options.

Read Also: Top App Development Companies in UK

Hiring a React Native App developer in India  the challenges

India provides some of the best and affordable React Native app development services compared to other countries. But like everywhere else, hiring a React Native app developer in India is not an easy task. It is a time-consuming process and there is no guarantee that the particular person would be hired.

Here is why.
  • Many job search platforms

You might know a lot of job search platforms – Upwork, Fiverr and LinkedIn to name a few, outsourcing companies and other tools that are meant to aid you to find a talented React Native app developer. But too many platforms can also make it hard for you to find the right person.

  • Cross-platform apps versus native apps

React Native is a great cross-platform tool to create a mobile app. Part of it is because, with React Native, developers can create mobile apps for Android and iOS platforms using JavaScript. And almost every developer knows something about JavaScript, but it may not be enough to meet your requirements.

  • Urgency of projects

Finding the right React Native developer or a development company can be challenging especially if you have a tight deadline. So finding a well-experienced and trusted developer will be a great option.

  • Hiring process

There is no such thing as a perfect candidate. The idea of “perfection” differs per person based on their personalities, experiences and technical backgrounds. So, choosing the right person that fits your criteria for a developer – with the required skills, expertise, confidence and everything in between is quite the challenge.

How to hire a React Native app developer in India?

Hiring a React Native app developer in India is economical compared to other countries. But there is no fixed cost and it differs based on the different factors that affect the development process. The expenses increase if the person you chose for the job is not the right one. So, before you go on to hire them, have a clear understanding of how you are going to do it. Here are few ways you can do it.

  • Hire an in-house developer

The first option you might consider is to hire an in-house React Native app developer by yourself. You can do that by setting a budget, checking whether the candidates’ experience and background align with your requirements, creating job offers, and advertising the vacancies on different job search platforms.

The advantages of doing so are that you will have complete control over the process and the developer you hire will be a part of your team, will work in the same environment and will be a part of long-term projects. But, the process of interviewing and recruiting the right candidate is a time-consuming process and also since there is a high demand for React Native developers, it will be hard for you to find the right person. Also, in case you choose the wrong person, it can affect your budget.

  • Hire a freelancer developer

If you do not want a permanent team member and instead, prefer someone to work on just one project, hiring a freelancer is the right option. You can look up React Native developers on popular job search platforms and conduct the hiring process based on the candidates’ profiles and the review of their work. This method is cost-effective for short-term projects.

Also, when you look for the candidates in a job search platform, you might even come across reviews of their work from other companies, which helps in the initial screening process. But again, the process is time consuming and you cannot expect much engagement with your in-house team because they are not really a part of the team.

Hire a development team from a software development company

This is an expensive solution. But when the traditional process of hiring a React Native developer takes at least four weeks, it is better to go for a development company to get the project done quickly.

Development companies have their own development process and this is an advantage because they will be able to adapt to your methods or can even contribute to improving yours by collaborating with your in-house development team.

Another benefit is the flexibility – you just have to pay them for the days they worked on your project. Also, hiring a development company means you add a bunch of experienced professionals to your team who do the job well, while also guiding you so that you do not make any expensive mistakes. Since the development team is able to join you remotely, the hiring process will be fast. They will also be more dedicated as they have to maintain the reputation of their company.

The only concern, while hiring a development company, is the budget as you expand your team with a React Native developer from a software development company. It can be more expensive than hiring an in-house developer or a freelancer. The cost also depends on the number of hours required from one developer and if your project is short or long term.

However, when you consider the other benefits, especially saving time and money, it seems to be a better option than hiring a permanent or freelance React Native developer.

Read Also: How Much Does it App Development Cost

Find experienced React Native developers through a software development partner

Hiring a React Native app developer can be a herculean task if you have no clear idea of your long-term and short-term business requirements and goals.

Hiring a freelancer or an in-house developer is time consuming as you have to make sure that they have what you are looking for in a React Native developer. However, hiring a software development partner is of great help in the following conditions:

  • If you want to develop a new product and release it to the market in a short time, but cannot afford to invest a lot in recruiting a React Native developer from the start
  • If you barely have any idea about hiring React Native developers, by performing designing and technical assessments, which are necessary to analyse the developer’s knowledge and performance
  • If your business is a start up or is small and you need experienced professionals who can help boost your software development and guide you on your performance
  • If your project is short term that only needs a few months and there is no need to hire an in-house React Native developer

In case your business falls under any of the above-mentioned categories, and you are looking for a software development partner, we, at Redbytes Software, are ready to help. We are a team of experienced professionals who have been on the development scene since 2009 and have been providing mobile app solutions to businesses – big and small.

We have walked side-by-side with many businesses through their digital journey and have experienced many of our clients climb the ladders of success through our services. If you need an experienced team who can help you with your React Native app development project – staying with you through the process and providing additional guidance, maintenance and support if you need it, do get in touch with us.

If you are looking for a React Native development company in UK, then you have come to the right place. As a result, a plethora of React Native app development companies are emerging on the scene. It shouldn’t be a surprise that React Native is the latest craze in the app development world.

The cost effectiveness and speed of app development obtained as a result of its platform compatibility have led to its popularity. The best React Native app developers can meet your company’s and app development needs by offering you the most persuasive solution. You should have a thorough understanding of React Native before looking for the best React Native app development company in UK.

Don’t worry, we have got your back. We have provided a comprehensive and in-depth explanation of React Native and the best React Native app development company in UK.

What Is React Native?

React Native is a JavaScript library for creating natively rendered mobile applications for iOS and Android. It’s based on React, Facebook’s JavaScript library for developing user interfaces, although it’s geared toward mobile platforms rather than browsers. In other words, web developers can now develop mobile apps that seem completely “native,” all while utilising the well-known and popular JavaScript library. Due to its ability to share code across platforms, React Native makes it easy for developers to code for both Android and iOS simultaneously. React Native presently supports iOS and Android and also has the ability to support other platforms in the future.

Read Also: How Much Does it App Development Cost

React vs React Native

React is an open-source JavaScript framework for creating efficient and robust user interfaces for web applications. It is heavily built on reusable components.

As previously stated, just like React Native some years later, React was also brought to life by Facebook in 2011 as a direct response to their scaling issues. It was a period when Facebook advertisements were skyrocketing, and regular modifications to their user interface slowed the platform tremendously. React fixed this issue, and after Instagram was purchased by Facebook in 2012, it was also utilised on the app’s timeline.

React Native, which is backed by React and built by Facebook, was a logical extension of React. It is a mobile framework that allows the development of near-native apps in JavaScript.

Both frameworks are substantially related, although they fulfil fundamentally distinct functions. For web development, React is utilised, while for mobile development, React Native (which does not require HTML) is employed.

Read Also: Top Mobile App Development Companies in UK 2022

How does React Native work?

As previously said, React Native develops the app’s UI using JavaScript. React Native, unlike its counterparts, does not rely upon web views, but instead on the actual real materials offered by native platforms. It offers built-in access to native views and components, as well as the ability to use native-written code and grant the API access to OS-specific functionality within the app.

React Native employs the “bridge” approach, which enables asynchronous communication between JavaScript and Native components – the bridge concept has been at the core of React Native’s flexibility. Native and JavaScript components are unrelated technologies, although they can communicate with one another.

In addition to its advantages of utilising OS-native features, this architecture has substantial disadvantages, such as the constant use of bridges within the app, which may hinder its performance. If you plan to develop an application with lots of things, data, and more, then React Native is perhaps not the best option.

React Native Pros & Cons

Pros of React Native

1. Reusability of code and fast development:

The most significant and powerful feature of React Native is the ability to create for many platforms at the same time. Other benefits of using the same code base for several platforms include faster app development and time-to-market, easier and less expensive maintenance (you just have to worry about one code base rather than numerous), and a better onboarding process for new developers joining the project.

React Native’s “hot reloading” functionality allows developers to see changes in the code in a live preview without having to refresh anything. This little change may greatly enhance the development process by providing real-time feedback on any changes made to the code.

2. Performance:

React Native’s “bridge” concept is groundbreaking when compared to existing cross-platform development options. Because React Native apps use natively written code, they are less sluggish than web-based cross-platform solutions. The official statement is that React Native provides “native-like” performance. However, it is not always the case; simply put, it provides a “near-native” experience.

3. Cost Effectiveness:

The core rationale for cross-platform development is cost efficiency. Because code is reused across platforms, a smaller team is generally required to complete the project. In contrast to native development, which requires two different teams to create two equivalent operational solutions instead of one.

4. Expanding developer community:

React Native is an open source framework with a currently active and growing community. We must not overlook Facebook’s role, since they are always working on upgrades and expanding the framework. This implies that if you run into a problem that has yet to be solved in React Native, you may discover a swarm of individuals ready to assist you because they are interested in making the framework more complete and reliable.

Read Also: How Much Does It Cost To Hire An App Developer?

Cons of React Native

1. Relatively new technology (but improving with time):

React Native is still in its early phases, and as previously said, it has several limitations, issues, and concerns that must be overcome. Because some custom modules do not exist in the framework, developers may need to spend extra time building and creating new ones from scratch. During the app estimate phase, your partner company or developers should inform you of this.

2. React Native is inadequate for complicated designs and interactions:

Whenever dealing with sophisticated UI design decisions, complex animations, and extensive interactions, React Native’s performance suffers. Again, this is due to the bridge concept: all native modules must connect with the JavaScript part of the app, because too many of these interactions may dramatically slow down the app, making it sluggish and just providing a horrible experience.

3. Reliance on Facebook

Using a third-party open-source technology has its own set of drawbacks. If Facebook decides to stop utilising the technology, other companies may fall into line. Nothing indicates this turn of events as of yet: Facebook uses React Native in their main Facebook app, the Ads Manager app, Facebook Analytics, and Instagram. The framework’s community is continually growing, and new large corporations are joining the fray.

While this is important to take into consideration, native technologies offer a much higher degree of support and backward compatibility in this regard.

4. Near-native performance is still inferior to native performance:

We have highlighted how React Native’s speed is superior to alternative cross-platform solutions, but it is still slower than native app development. The influence of React Native on the performance of your app should be reviewed with your development team. For the vast majority of applications, it is a slight, practically unnoticeable blip that becomes more noticeable when dealing with massive amounts of data or “bridges.”

Which is the best React Native App Development Company in the UK?

Businesses are increasingly focusing on mobile app development. With a diverse variety of expertise and a record of working with organisations both locally and worldwide, the Redbytes team knows the importance of ‘collaborative development,’ and strives to meet client needs while developing an app concept that meets your budget.

We can proudly proclaim that Redbytes Software is one of the leading mobile app development companies in the UK, capable of providing Android, iOS, and other cross-platform development services. Our mobile apps can help you enhance productivity, operational efficiency, and client engagement by using dynamic designs and a user-friendly interface. We work with a professional and enthusiastic team to help you develop outstanding and accessible app products that are responsive across multiple platforms.

We at Redbytes Software love working with ambitious customers that have amazing ideas because it keeps us going and encourages us to challenge ourselves to produce some remarkable applications that inspire, engage, raise profits, change lives, and users talk about.

Read Also: How Much Does It Cost To Make An Ecommerce App?

Conclusion:

Despite a few flaws and hitches, the React Native framework passes all tests and barriers to becoming the top choice for practically every React Native Development Company to create mobile apps. A React Native developer not only finds agility and convenience while producing React Native apps, but also great efficiency, low cost, and workload during the process.

What makes the process even more fascinating is that you don’t have to focus on both the iOS and Android platforms when developing the app. As a result, many of the world’s largest corporations count on the React Native framework to develop innovative apps that we use on a regular basis.

You should now have a better understanding of React Native and know that Redbytes Software is the best company in the UK to develop React Native apps.

Did you know that the global mobile app market generates nearly $60 billion in revenue every year? Also, many existing businesses are investing in the mobile app platform to diversify their business and create a wider reach. Ecommerce stores have apps that enable customers to shop from their mobile phones.

Several app-only businesses rely only on this platform to connect with their customers. Hence, it is clear that there is a huge scope for growth and development in the mobile app sector.

However, most of the brilliant mobile app ideas die quickly due to the lack of finance. The solution to this problem is to find a way to fund your mobile app.

Do you too have a great idea for a mobile app, but are not able to bring it to life because of the lack of finances?

In this blog, we will discuss 10 different ways in which you can raise funds for your app startup. But before we go into various mobile app funding options, we shall discuss the various points to keep in mind when you request for funding.

How to Ace Your ‘Request for a Mobile App Funding’ Pitch

(i) Know your mobile app – inside out

First, you need to be very clear about the features, functions, and audience of your app. You should be able to describe the functions from the perspective of the user – how it will benefit the user.

(ii) Analyze Your Competitors

There may be lots of other apps offering the same or similar services that you are planning to provide with your new mobile application. Study your competitors, find out the gaps in their services and see how you can fill that gap and capture the market.

(iii) Fine-tune your elevator pitch

You may just have 15 to 20 minutes to convince the investor to put down money on your app startup. In such a short span, you need to generate interest, capture their attention, and make them believe in your mobile application. Keep on working on your pitch till it is concise, informative, and attention-grabbing.

(iv) Have a prototype ready

A prototype can help you clearly describe your mobile application to potential investors. The prototype should have all the proposed features and their intended functions.

(v) Brand your app

Create a domain name and a landing page for your mobile application before you approach the investors. These steps legitimize your business and also create a favorable impression on the investors.

Read Also: Mobile App Marketing Funnel [Converting Users into Customers

10 Ways to Raise Funds for your App Startup

1) Crowdfunding

crowdfunding - mobile app funding

One of the best ways to fund your mobile startup is crowdfunding. In this mobile app funding method, you approach the public and ask them to invest in your mobile app. In return, you can provide shares of your business or offer products at a discounted price.

The most popular crowdfunding platform is Kickstarter. You can create interesting and attractive campaigns on this platform to convince the crowd to invest in your idea. Seedr is another crowdfunding platform where people can buy shares in exchange for investment.

2) Startup Investors

startup investors - mobile app funding

Approach Angel investors for mobile app funding. Angel investors are individuals who have a high net worth or business persons who are interested in personally funding startups. Angel investors are willing to invest a large amount and take the risk.

But, they will also expect higher equity in the business. Angels generally focus on sectors and domains that they have expertise in. They may also offer business advice and mentor you.

3) Business Grants

business grant - mobile app funding

Check out business grants offered by the government. Many such programs have been designed to improve the business in certain sectors. However, you need to ensure that your mobile app checks all the criteria listed in the grant specifications.

4) Get a Partner

business partner - mobile app funding

If you are finding it difficult to fund your mobile app startup, you can get yourself a partner. It is best if you look for a partner who is not from your industry, but comes from a different domain and is willing to invest in your mobile app idea.

In exchange, you can offer customer referrals, co-marketing opportunities, shares, and more. You can also partner with businesses to fund your mobile application. Many traditional businesses have a strong foundation but haven’t explored the digital space.

Partnering with existing businesses will help you get a flying start on your mobile application, but you should also be ready to share the app platform with the business partner.

5) Venture Capital Funding

virtual capital funding - mobile app funding

Venture Capital Funding Obtaining mobile app funding from Venture Capitalists (VCs) is the fastest way to develop, publish, and expand your mobile app. You need to actively look for seed investors who are interested in mobile apps.

VCs have made some of the largest funding for startups, starting from thousands to millions of dollars. The catch is that the VC will expect to be a part of the board and have more control over the business.

However, if you’re lucky, you can also be mentored by these business experts. If you are ready for their high involvement for the high investment, approaching a venture capitalist is a Capital idea!

Read Also: Importance of MVP in Mobile App Development

6) Bootstrapping

bootstraping - mobile app funding

Bootstrapping refers to the self-funding. You can invest your savings, salary, investment, or other means of income in your mobile app. This method of mobile app funding is usually done by working professionals who have a mobile app idea.

You can build the basic prototype or release the app and then approach for funding as your app grows and expands.

7) Bank Loan

bank loan

If you have a reliable business plan with projections, then you can approach your bank for a business loan. You should do extensive competitor research before you prepare your business plan.

While applying for business loans, you should also check if there are any government subsidies and schemes for the sector in which you are planning to launch your app.

Startups may also get loans with no or minimal interest or without security. Explore all the available options offered by the lender before you apply for the business loan.

8) Awards, Campaigns, and Competitions

 

Watch out for startup campaigns and competitions and take part in them. PepsiCo10 program organized by the international cool drink seller Pepsi invited startups to send their app ideas. The winners got to meet the leadership team and digital influencers in New York.

A campaign called “MomInspired” was run by Huggies. This campaign invited parents to share product ideas. Innovate UK offers awards in various startup categories. You can visit their website to check if your app idea matches their criteria.

Winners and up to 4 runner ups also get an opportunity to showcase their prototype to corporate, public authorities, and potential investors. You need to check if your mobile app idea is in line with the categories of the award.

9) Your Network

networking

If you have a network of friends and family who believe in your mobile app idea, you can request them for mobile app funding. You can either get loans from your friends or offer a share in the profits in exchange for their investment. These initial investments may not be huge but can total to a sizeable amount.

10) Initial Coin Offering

initial coin offering

Initial Coin Offering is a mobile app funding option for blockchain-based startups. You can raise the initial funds and then create the prototype. The catch in this method of mobile app funding is that the capital is usually in the form of cryptocurrencies, which can be a little risky.

Read Also: Effective App Launch Marketing Strategy That Drive Success

Conclusion

It requires a lot of time, effort, resources, and technical expertise to build an in-house mobile app development team. To get the best results for your app idea, you need to partner with an agency that has the experience and expertise in this domain.

 

CloudXperte is one of the top mobile development companies in the United Kingdom. We have created hundreds of mobile apps for iOS, Windows, and Android platforms. If you have a “million dollar” idea for a mobile app and want to breathe life into it, we are there to provide all the support. Get in touch with us today to book a consultation.

PayPal is one of the first entrants in the P2P market and today it is the pioneer and leader in the space. Many businesses today across the globe are using PayPal as their payment service provider.

There are a few distinct features that set PayPal apart from its counterparts.

create an app like PayPal

For example, PayPal uniquely performs as a merchant account as well as a payment gateway. And even though there is no setup fee involved, consumers transacting on the app will have to bear a service and transaction fee.

The number of users using digital payments in some form or the other to make financial transactions is expected to reach 3.7 billion by the end of 2019.

Hence, there is no better time than now to create a PayPal app clone

Need to Create an App like PayPal

Recent studies show that 3 out of 4 millennials access one or more online or mobile P2P payments regularly. It is not surprising that users love to send money with only a couple of clicks and swipes.

There have been unprecedented advancements in technology and innovations like NFC and biometrics ID that have fuelled these apps to become more self-reliant.

This establishes the fact that there is ample demand in the market to develop a PayPal app or something similar to that. With the growth expected to reach $336 billion in 2021, investments have been free-flowing for fintech start-ups.

Hence, what do you need to do to create a similar app like PayPal and ensure that it becomes a success?

Read Also: 10 Best Free Budgeting Apps

Steps to Create an App Like PayPal

create an app like PayPal

With the decision taken to create a PayPal like app, you need to follow these steps:

1. Project Scoping

Outline the scope of the project that should include the provision for building web, iOS and Android versions of the P2P app. Core features in the project that are a must are opening user and merchant accounts, online payment, transaction/balance reporting, etc.

2. Choose the Correct SDLC Model

Launch with an MVP model that targets specific geography and a limited set of features. Eventually, you can enhance the app, step by step, as you get more feedback from the market.

3. Come Up with a Strategic Approach to Development

You can either opt for a PaaS or MBaaS platform for the web and mobile apps respectively. Key features can be implemented here using the SDKs and APIs. Make use of IDES and frameworks to speed up the project.

4. Assign a Scrum Team

Agile projects require scrum techniques. Therefore, have an appropriate team in place that should ideally comprise of Business Analysts, UI Designers, Web Developers, Android Developers, iOS Developers, a group of Testers and Project Manager

5. Get Cloud Services

Cloud service platforms come in handy for start-ups who do not wish to immediately invest in a ton of IT infrastructure. To get the development ball rolling quickly, managed cloud services can offer features such as ready-made infrastructure, networking, server, storage, middleware, operating system, and runtime environment.

6. Get an Online Payment Solution

To create a PayPal app, you need an API/SDK solution. This can be implemented as part of the core online payment features. You can instantly start processing payments online with this built-in solution. Generally, these platforms are compatible with web, Android, and iOS.

7. Procure an ID Verification Solution

You have to be compliant with regulations governing financial institutions. For this, you must have an ID verification solution that should function to verify government provided IDs. It should also be able to handle KYC and AML processes.

8. Sign-Up for a CRM Solution

Once your P2P app is developed, you will need to integrate it with a complete gamut of business activities. For this, you need a powerful CRM solution.

9. Buy a Bulk SMS Solution

With the app deployed, you will want the users to be engaged with it. Push notification is an intelligent way to achieve this objective. A bulk SMS solution that allows you to send continuous push notifications to your users is what you need to incorporate here.

10. Download and Set-Up IDEs

You will need access to a set of development tools. For this, you need to download the following IDEs:

  • IntelliJ IDEA, for the web app development, along with this Node.js plugin
  • Android Studio, for coding the Android app
  • Xcode, for the iOS app development

11. Get on with Testing

Before you launch your web and mobile applications, you should test it out on multiple browsers and devices.

12. Develop Your Web App

Once SDKs/APIs and development tools are sorted; you should get on with developing your web application. It is recommended that you use js to code the web app to make it more scalable.

13. Design the UI for the Mobile App

Ensure that your user interface is simple and easy to use. Also, make sure that it appeals in terms of visual sensibilities combined with smart technology to your user base. Choose the navigation structure carefully and blend it with the right icons, colour schemes, and themes.

14. Code, Test and Deploy the Android App

Once your Android application moves from the drawing board to the developer’s hands, you can expedite the coding process by using Kotlin, a powerful, feature-rich language. Integrate SDKs/APIs into your code. Test your app and be ready to deploy it on Google Play store.

15. Developing the iOS App

Launching the iOS app will involve coding via using Swift that creates fast and performant apps. Develop the app using Xcode and then test it on multiple mobile devices. Integrate third-party applications along with SDKs and APIs. Publish the app as per the guidelines outlined by the Apple store.

Essential Features of the App

paypal app features

The following are the list of recommended features that you need to include when creating a PayPal app clone.

1. User Digital Wallet

Your P2P application must accommodate a digital wallet space where your users can store their card data.

2. Send and Request Money

This is a simple enough feature where users will be able to send or request funds from other users on the same platform.

3. Send Bills or Invoices

Users will be able to use the camera on their smartphones or tablets to scan bills and invoices and share with other users. Moreover, any transaction on an individual level should generate an automatic invoice.

4. Push Notifications

Push notifications should be sent out on credit and debit of funds. They should also act as reminders, for instance, due date to pay your electricity bills, etc.

Read Also: 11 Best Personal Finance Apps

5. Unique ID/OTP

To make any financial transaction via the P2P app, the user must be able to verify and confirm their unique ID and OTP (one-time-password). With the help of the integrated fingerprint scanner in the device, you will be able to verify transactions through fingerprint scanning alone.

6. Transfer to a Bank Account

The app should be developed with a feature that will enable the user to transfer funds not just on the same platform but also to a bank account or card.

7. Multiple Currency and Automated Conversion Process

The application should support the feature where users can send or receive funds in multiple currencies, globally. The incorporation of a mechanized currency converter can be really helpful as the entire process of the conversion rate depends on it.

8. Track Payments & Check History

Users must be able to track their financial history – received and sent payments, dates, and correct time on the app. To substantiate and scale this feature, you need to send weekly or monthly emails to the users, informing of their updated financial transactions during a given period.

9. Chat

If the users wish to seek clarification concerning payment, then introducing a chat feature will be certainly beneficial. It will also add great value and a competitive edge to your application. Besides that, it will reduce the number of possible mistakes.

10. Messaging

At times users may need to add details along with their transaction. This can be done by introducing the messaging feature.

11. Admin Panel

This feature is more relevant to the app owner. A web admin panel needs to be created that will help the owner to manage the app, edit, remove, and so on.

12. Secure Networks

Security is of paramount importance in a payment application as data transmission and storage are at a high risk of compromising. Blockchain technology can come to your rescue here that assists you to take advantage of peer-to-peer networks.

How the App Makes Money?

how app make money

Online payment apps need to make money too. Therefore, a monetization strategy or a revenue model should be in place to ensure the app’s success. After all, every entrepreneur needs their venture to be profitable within a reasonable time.

You can go with two models of revenue generation when you develop a PayPal app version.

1. Premium Service Method

You can let your consumers access basic features such as transferring funds, accessing transaction history, and more on the free version of the application.

However, high-end features such as cryptocurrency transactions, text messaging facility, currency rates, and conversion facility, etc. should only be accessible on the paid version of the app.

2. Affiliate Marketing Method

Allow complementary financial institutions like banks, credit card companies or similar organizations to advertise their products and services on your app’s interface.

Trends & Statistics

trends and stat

According to the Allied Market Research report, the mobile payment market was valued at over $600 billion in 2016. eMarketer reports that there were around 82.5 million mobile phone P2P payments users in the United States alone.

It is estimated that over 50% of these users will make at least one P2P transaction per month by 2022.

Thus, P2P payments phenomena are quickly growing momentum. And that is simply because of the convenience that it offers to users in transferring funds via a secure and easy environment.

How Much Does it Cost to Create an App Like Paypal

paypal app cost

 

An application like PayPal is a complex entity, especially with its set of security measures.  Other parameters that come into play are team constitution, third party integrations, location of the development team, list of features, etc.

Based on the features discussed, Android and iOS apps can cost anywhere between $ 100,000 and $ 150,000.

Similar Apps

There are many players in the online payment app segment that are constantly competing with one another to gain market share. So, when you are developing a PayPal app, it is wise to evaluate your immediate competition.

Take a look at some of the well-known payment apps currently operating in the market:

  • Venmo
  • Zelle
  • Cashapp
  • Transferwise
  • InstaRem
  • Remitly
  • MoneyGram
  • TorFX
  • WorldFirst
  • OFX

Read Also: How Much Does it Cost to Create an App Like Mint

Conclusion

With P2P apps being the new trend in the financial segment, you won’t be wrong to go ahead with creating a PayPal app or something that closely resembles it. But you will need a lot of help with the actual process.

At CloudXperte, we have experienced team of developers who have worked on similar high-end projects in the market. With years of industry exposure and hands-on experience, your project could not have been in better and more capable hands.

So, what are you waiting for? Let’s create wonders together. Get in touch.

It might be a little offensive to see expecting fathers spending good chunk of time frantically fiddling with their smart gadgets.

But with pregnant woman curiously expecting a baby to enter the world, you will do all it takes to make sure everything goes smooth. Just a shadow of small concern about imminent baby is enough to have you googling the smallest of information.

Both mothers and fathers spend stretch of time interacting with MidWives, other Moms or Instagram club asking for advises on late night screams. It is inevitable to be worried and agitated as the belly grows larger.

However, having some of the free dedicated pregnancy apps comforts you at times of emergency. As Technology for parental guide is booming, many free apps have already entered the online app store to help you prepare for good news to pregnancy.

Read Also: 10 Best Free Health and Fitness Apps

We have picked from the lot the 10 best free pregnancy apps in UK for baby care and parenting.

1) Mush

It is a great pregnancy app for expecting mothers and is from British native entrepreneurs Katie Massie-Taylor and Sarah Hesz. It works best as a parental aid when you need it most by connecting you with other like-minded moms in your neighborhood.

Mush - best free pregnancy apps

This is something that especially comes handy if you are on parental leave. It contains useful parenting guides, mom-friendly discussions and best places to purchase baby gear.

Mush - rating - best free pregnancy apps

To integrate moms’ social tendencies, the app offers Peanut, connecting moms with other pregnant moms.

Google PlayApp Store

 

2) Glow Nurture

Essentially a good pregnancy tracker app, Glow Nurture joins the list because it targets almost all pregnancy tracking needs a pregnant woman seeks. It keeps you informed with daily updates on baby size.

Glow Nuture - best free pregnancy apps

Hence fathers and mothers will always remember the healthy growth of a baby.

Glow Nuture - rating - best free pregnancy apps

You will be in the know of baby’s ongoing inputs about developmental milestones, symptoms, forums as well as tracking mothers’ health during the phase.

Google PlayApp Store

 

3) Baby Monitor 3G

It is a baby monitoring app that uses the best of both smartphone and its camera.

Baby Monitor - best free pregnancy apps

With this app, you can forgo expensive video baby monitors and just rely on the magical internet-connected device in your pocket to watch your little ones.

Baby Monitor - rating - best free pregnancy apps

Just pair two smartphones with internet and let the magic begin! This is a wonderful app when parents are compelled to be away on trips or at work.

Google PlayApp Store

 

4) Ask The Midwife

Ask the Midwife is a potential alternative comes handy in cases of emergency baby check late in the night.

Ask the Buddy - best free pregnancy apps

Users who are parents to expected babies can easily use this paid app to ask for a quick consultation with a professional midwife when they are most worried.

Ask the Buddy - rating - best free pregnancy apps

All they need is to initiate a text message or a video chat with a baby expert. Ask The Midwife gives you some first-aid care when you are unable to contact NHS Healthcare Visitor.

Google PlayApp Store

 

5) The Wonder Weeks

Named after the hot famous pregnancy book, the Wonder Weeks is a great women-friendly alternative in pregnancy tracker app category. The app is quite a rage among new parents already.

The Wonder Weeks - best free pregnancy apps

The purpose here is to provide week-by-week updates on your child’s development.

The Wonder Weeks - rating - best free pregnancy apps

After the baby is born, parents can investigate into why their sweet angel suddenly turned into a squalling crier at night. The app looks after your baby’s different phases of development.

Google PlayApp Store

 

Read Also: 13 Best Free Mental Health Apps 

6) The Bump Pregnancy app

This app is highly recommended for weekly pregnancy comparison guide and checking conditions of a baby inside the womb. It uses a comparison fruit to help you compare and monitor each stage of pregnancy, which clarifies a lot for curious parents.

The Bump - best free pregnancy apps

The app is regularly updated with good fresh editorial content by the Bump staff. Users can also clear their doubts by asking questions to the medical experts, editors or other connected moms.

The Bump - rating - best free pregnancy apps

Additionally, it is an opportunity to document your pregnancy with the weekly photo albums.

Google PlayApp Store

 

7) Ovia Pregnancy Tracker

Dedicated to mom’s general wellness, Ovia Pregnancy Tracker keeps the process of 40 weeks of pregnancy in fine tune while supporting the process.

Ovia Pregnancy - best free pregnancy apps

Ovia checks on mum’s health and makes sure you never forget about it. Considering your age, BMI and previous history, the app also sends personalized feedback and lets you set up notifications and reminders for medications.

Ovia Pregnancy - rating - best free pregnancy apps

It also imports all the details of daily activity and sleep pattern on your fitness tracker while helping you keep the weight gain under control.

Google PlayApp Store

 

8) Belly Bump App

Created by celeb dads Justin Baldoni, Travis Clark and Travis Van Winkle, Belly Bump app is an awesome time lapse pregnancy tracker app that stays with you through the reverse count down to the delivery.

belly bump - best free pregnancy apps

The unique app makes the best of technology to show bump photos in 180-degree angle transformed then into an incredible time-lapse video.

Ask the Buddy - rating - best free pregnancy apps

Go ahead and share with your friends on your social media.

Google PlayApp Store

 

9) Pabobo

This app is created by the nightlight maker and makes for the reliable pregnancy app especially as a travel-friendly resource.

Pabobo - best free pregnancy apps

Built to work on iOS devices, the app interacts with iPhone’s environment and reads its color, light intensity and suggest a lullaby to send your baby to sleep.

Disney life - rating - best free pregnancy apps

Google PlayApp Store

 

10) WebMD Pregnancy app

WebMD is what online medical advice seekers look to when in the need for quick information or common medical practices.

WebMD Pregnancy - best free pregnancy apps

The app opens up the full access to over 900 article content you need to enhance your pregnancy knowledge and they are all approved or recommended by doctors.

WebMD Pregnancy - rating - best free pregnancy apps

Moreover, you will also track the belly progress and pregnancy journal. WebMD pregnancy app is an excellent source of dependable maternity support and tips coming from its community of medical experts.

Google PlayApp Store

 

Read Also: Growing Prevalence of  Healthcare Mobile Apps in UK

Conclusion

You will find many other free pregnancy and parenting apps that guide you well while you expect a baby or even after your baby is born. However, the top 10 best free pregnancy apps in UK described above ends your struggle for discovering the best in the niche.

If you are a UK denizen, these free apps accompany you when you are most worried and accommodate almost everything you need during pregnancy or post-pregnancy phase.

Digitization has revolutionized the business world and with the number of smartphone users growing each year, businesses are making their own apps. Many businesses even have their own app development team within the organization – which is great, except when they have to face certain hurdles that only outsourcing app development can solve.

For example, your app development team might be well-versed in Android and iOS development, but you are in need of an app that works on a different OS. In such situations, outsourcing app development works better.

What are the Reasons to Outsource App Development?

Let us find out.

  • Lack of experience in app development

You might be the jack of all trades – the owner of successfully running businesses with experience in different business processes and industries. But when you want to create a mobile app of your own, you might have zero knowledge or experience in it. So the best solution will be to hire an app development company. The most experienced of these companies, in general, have gone through trial and error throughout their journey in the field and are constantly analysing the risks and errors and rectifying them, which works in your favour when you hire them. They are capable of providing you with the efficient results you expect.

  • Not enough workforce

As a business owner, you might be handling multiple projects at a time that might require the entire efforts and time of your existing workforce. So, it is better to outsource the lesser important projects, like building your business app to maintain the pace of your projects.

Read Also : How to Outsource App Development in the Right Way?

  • Improving existing projects

Maybe it is time for your business app to have a makeover – adding a new feature or improving the UI design for example. But you might have invested your resources and employees in another important project. In such situations, outsourcing works better than building a new team. You can save money and time and focus on other projects.

  • Global economic differences

App development costs in developing countries are much lesser than in developed countries. You can hire an entire development team from countries like India and China with the same amount of money required to hire one or two developers in the USA and Germany. So, outsourcing app development will help you save costs.

  • Find the right person for the job

Your geography, company size and more have an influence on the app development limitations you face during a project. For example, you might want to use one of the latest technologies in your app. But, you might not find anyone who is experienced in it to help you out. Or you might have started out a project, but could not complete it because of lack of resources or knowledge. In such situations, outsourcing helps. You can find someone who is suitable for the job from around the globe with expertise to fulfil your project requirements on time and budget.

  • Prioritization of tasks

Prioritizing tasks is a great way to improve work efficiency and also to manage time so that all major tasks of a project will be completed on time. When your workforce handles majority of them, there might still be things like app testing, marketing and other management processes that still require staff. Outsourcing is the best solution that works in such situations.

Read Also : How Much Does It Cost To Hire An App Developer?

Let us now
look into the different Benefits that Outsourcing App Development Offer?
  • Cost-effectiveness

One of the highlights of outsourcing app development is obviously the monetary benefits it offers. You will have to pay only for the work they do – on an hourly or weekly basis or at a fixed rate. You can get into an agreement with the app development company you hire to decide on the costs. Another way you can cut down costs by outsourcing is that you can save on operational and business expenditures. Also, you will not have to spend extra in training your workforce. You can just hire an app development company and do not have to worry about keep improving your in-house team to fit each project requirement.

  • Technical resources and expertise

When you outsource app development, you get a well-experienced team, in terms of specifications of your project as well as tools and other technical and physical resources that help build your app in an efficient manner, all in one place. Also, the team you hire will be with you through the app development process – from planning to deployment and beyond. You can either go for an app development company with a development team or hire people of each role – developers, designers, industry experts, etc. and benefit from their expertise and skills.

  • Improve knowledge and make technology-related decisions

When you outsource your app development, you come across people with varied experience and specializations in different technologies. This can help in healthy technical discussions and suggestions regarding the project, which gives you an idea of the benefits and risks of each technology. You can eventually provide your own technical input that you think will work for your project.

Read Also : How Much Does it App Development Cost in UK?

  • Saves time

When you work on a project with your in-house team, it takes a lot of time because the project is not the only thing you have to look after. You need to have an eye on your employees to ensure that they are doing it right and that the project will be completed within the deadline, review works, provide feedback and besides all these, you might have a handful of other projects waiting for you. Outsourcing comes as a relief in such situations. The company you hire will be responsible for ensuring that the project meets the decided deadline. You will have to just review the project and give feedback which helps save lots of time that you can invest in other projects.

  • 24/7 support

Another benefit of outsourcing app development is the unrelenting 24/7 support. The app development company you outsource your app development project to will take care of the issues that arise any moment during the process and after. You will get the technical guidance from a skilled team that can help you fix the issues in a fast and proper manner.

  • Transparency and control of the project

When you outsource your project, the company you sign the agreement with will be transparent with you through the app development process. This gives you a control over the process, where you can look into the milestones met and what else is left to be completed and whether the company is working in the way you expect it to. You can also give feedback and suggest changes in the process that will help save lots of time.

  • Access to knowledge pool

You may have ideas about your app development project and the app development company you hire will put in their knowledge to gather options and features to build a profitable business model that works for you. This gives you an opportunity to access the various kinds of talents and the knowledge they possess that will benefit your project. Also, you can learn about the different development processes and the way the varying working patterns that differ with geography out of which you can choose the one that best suits you.

Read Also : How Much Does it Cost to Develop a Social Media App?

Now that you have an idea about the benefits, Hire an Outsourcing Company.

You can do it in the following ways.
  • Research

Spend time to properly research about the outsourcing companies that match your requirements. Ensure that all important factors are included when you look for one. You can also look for a consultant who will do the research for you.

  • Shortlist companies from multiple sources

Do not go for one source to find the app development company you want to hire. Instead, go for different sources and shortlist the relevant companies based on online reviews. You can also look in online marketplaces for offshore outsourcing teams. You can also seek referrals from people you know or go for directory listing to find a freelancer who suits the role.

  • Analyse requirements

Have a clear idea of your project requirements before you go for outsourcing, with project deliverables and scope of work included. This helps save money and time. You do not have to spend hours explaining to them about the requirements and also make sure that the company you hire is good at handling emergency situations.

 

  • Analyse skills of the developer

Make sure that the developer you hire is an ace at what they do. Analyse their industry experience and success rate and also ensure that they have worked on projects similar yours to evaluate their skills and expertise. Also make sure that their work prices are reasonable.

  • Flexibility

Ensure that the company you hire is flexible with their job. They should be able to handle emergency situations and tackle issues, if any. Also, remember to ask for documentation that proves the credentials of the company and qualifications of their team.

  • References and testimonials

Remember to ask for references and relevant testimonials that give you a clear idea of whether the team is capable of handling your project. You can also look into their portfolio.

  • Tools used for app development

Have a check on the tools they are using for app development. You can talk freely on any suggestions and go forward with the team only if you are convinced with their tools. Talk with them about their policies of adopting new tools if situation demands in the business process.

These are many more tips to find out the best outsourcing company for you. Consider all these factors to ensure that the outsourcing company you hire is worth it.

 

Outsourcing App Development Costs

Before we go to costs, it is important to know that there is no fixed rate for app development. There are a number of factors that affect the outsourcing app development costs.

  • Location

The location of the company you hire has an effect on the development costs. Companies located in developed countries cost more than those in developing countries.

  • UI/UX design

Whether you need a simple UI/UX design or one with animations and graphics affects the app development costs.

  • App features

If you need complex features in your app, the development costs tend to increase. The features depend on the type of app you need

  • Platform

The platforms you choose for your app also have an effect on your app development costs.

  • Experience of developers

The cost of hiring developers varies with their experience. Hiring a well-experienced developer will definitely cost more than one with intermediate-level experience.

  • Testing

The time, efforts and tools used for app testing will also have an effect on the app development costs.

  • Tech Stack

The costs of tech stack used to create an app that fulfils your business requirements can differ and also has an impact on the overall development costs.

Costs

Basic outsourcing app development costs vary between $25,000 and $40, 000 in total. This can even vary depending on where the company is located.

North America: In North America, developers from the US and Canada earn more than those in other regions. The companies there charge between $100 and $150 per hour.

Oceania: If you are hiring from any of the Oceania countries, the average rates will be between $100 and $150 per hour.

Eastern and Central Europe: These regions have considerably cheaper rates of app development than that in North America and Oceania. The average rates are between $40 and $55 per hour.

Asia: Asia has the cheapest rates when it comes to outsourcing app development making it one of the favourite outsourcing destinations. The costs vary from $20 to $49 per hour in Asia.

If you are looking forward to outsourcing an app development company that will help you build the app of your idea at reasonable rates and with high quality and performance, India is one of the best options.

Indian app development companies are known for their flexibility and cost-effectiveness and we, at CloudXperte, are definitely a part of the list. With over 350 projects to our credit and a development team that are up to date with the latest trends and technology and with over 13 years of experience in the field, we can help you build an app that matches all your business requirements. If you wish to hire our services, do get in touch with us.

It goes without a mention that an app like Instagram has millions of users. With incredibly intuitive interface, relevant icons and stunning features and powerful photo editing tools, Instagram is now an everyday part of our lifestyle that lets share anything we capture in a matter of seconds.

Such scintillating success often spurs an idea of developing an app like Instagram among startup owners.

Developing an app that mirrors Instagram does not really mean building an exact clone. The app like Instagram should reflect most captivating features and image sharing capabilities along with effective marketing activities.

 

A few apps that have dared create as much buzz are Flickr, Vine Camera, Snapchat, Swipe and more. So how much would it cost you to deliver an app that compete with Instagram?

Let’s see all the areas of development that are major cost drivers in the process:

Must-have essential features

Depending on the scope of your project, you should include these basic features in the app.

  • User account & Registration
  • Login and Authentication
  • Profile Editing
  • Integration with Camera (Photo/Video)
  • Social Integration
  • Photo/Video Editor
  • Tagging
  • Geolocation
  • Messaging
  • Push Notifications
  • Custom Settings

You can also consider having a photo sharing website that reflects all features of an app just like what Instagram has done. Desktop application helps reach more users.

Most important aspect: Technology stack

Your primary research work that starts long before developing the app should necessarily involve critical findings on tools and stack of technologies to go into building the mature and robust architecture of mobile app like Instagram.

Instagram stands on the pillar of an extensive set of frameworks, languages, DevOps tools and server load systems. While determining tools, it is important to focus on load balancing capacity, iteration speed, code implementation and sharing, testing quality and operational system.

Read also : 24 Best Social Media Apps

Based on the functional category the following set of tools can be used:

Frameworks: React Native, Django, Xamarin

Languages: JavaScript, Java, Objective-C, Python

Developer Tools

  • HAProxy (Load balancing and as a proxy server)
  • Sentry (Cross-platform application monitoring)
  • Babel (JavaScript compiler)
  • Webpack (Module bundler)
  • Nuclide (IDE – Integrated Development Environment)

For Computing and load balancing, Instagram uses Amazon web services (AWS) such as:

  • Amazon Route 53,
  • Amazon EC2
  • EBS

To enable speedy operational system, Instagram mainly relies on Ubuntu Linux 11.04.

Django framework of Python language builds Instagram’s web server with impressive processing units.

For creating data storage, Instagram capitalizes on PostgreSQL that facilitates user data, tags, meta data and more.

Not all the technologies and tools mentioned above are open-source; some of them come with fixed or dynamic charges which are included in developer’s bill.

Backend development cost

To create the backend of Instagram-like photo sharing app, we consider four major components that shape the skeleton of the app:

  • User interface
  • Content
  • posts
  • messaging

These four elements build the backend structure of Android or iOS app. Like Instagram, you can build the architecture with Django framework (based on Python language) and HTML5.

Domain Similar App How To How Much Our Price
Food Delivery Instagram Create an app like instagram Instagram app cost View price

Alternatively, you can opt for Java or Kotlin for Android platform, and Swift and Objective-C for iOS aps.

To give a shape to entire backend, it may take 300-400 hours.

For Android

If you have chosen Android platform for developing a native Instagram-like app, it is crucial to set mind on time and resources to go in the development. the cost will be subject to the specific technical challenges and complexities involved in Android ecosystem. The elements like design, screen sizes, app opening time may affect the overall cost.

Functionalities for Android that might be strenuous to develop are:

  • App infrastructure
  • Backend structure
  • Profile editing
  • Optimization for Screens
  • Capturing photos/videos
  • Photo Editor
  • Search
  • Geolocation
  • Push notification

For Android, the app is likely to take 1300-1500 hours.

For iOS

For developing iOS app, challenges do not perturb developers much since iOS developers can easily build a photo sharing app with social media integration. This is because Instagram offers ready document interactive API, and other iPhone-friendly tools to work their way.

 

iPhones also give the benefit of having pre-loaded images with a regular square size (640px X 640 px) for Instagram. Since iOS devices are mostly configured to meet basic requirements of Instagram app, developers can build all the great features using its Swift or Parse languages in Xcode environment for iOS, WatchOS and MacOS. This facility from iPhone saves a lot of time for iOS developers.

For iOS, Instagram clone can be built in nearly 1300 hours if everything goes as planned.

Other critical costs to shapethe app infrastructure

Though these are additional expenses, they are still essential in order to make a full-fledged, high-performance and unblemished app of excellent quality.

The costs explained above are meant for developing an app for a single platform. This means they don’t necessarily include preparation efforts spent in set up process, database architecture and cloud computing. These may   close to 150-200 hours.

Read also : How Much Does an MVP Mobile App Cost in India

Moreover, for your app to look and feel like Instagram, you need an intuitive and interactive UI/UX structure which is covered by design and admin panel experts.

In the end comes software testing services. There are some software development companies that additionally charge for testing services. You will need to discuss the commitment terms and price breakup with your development partner before starting the project to avoid serious predicament later.

Calculating the cost of MVP development

After having a thorough knowledge of what to include in your app to make it rich and usable, it is time to conclude the cost for developing an MVP. It is to be noticed that the MVP of an Instagram-like photo sharing app will focus on basic features, to see if it creates a massive appeal to the crowd.

For each platform, you will need to invest at least 1000-1300 hours until the development is perfectly completed. To calculate the cost estimated by software development companies, the usual approach is to consider per hour rate and multiply it to the total number of hours.

For instance, if the average rate of developers is $50 per hour, the cost of development may hit $60000 taking into account 1200 hours.

The price excludes design services and backend or admin panel development. In India, the prices proposed by app development companies are justifiably fair. However, the cost per hour for projects of this caliber in North America usually ranges between $100-$250.

Summary on final cost

In this final section, after discussing all vital elements that shape an app like Instagram, we can easily deduce how much the app will cost. The two main factors that play bold role in determining the cost will always be the timeline and rate of resources consumed which includes developer fees and paid APIs and technology platforms,

Read also : How To Create Video Chat Apps

To count the average rate of fees, we can see $40-$50 per hour as an ideal estimate. Based on this, the total estimate for various app architectures may come down to:

  • 350-400 hours for backend
  • Total 1300 hours approximately for development (each platform)
  • Nearly 100 hours to design
  • Additional 100 hours for creating a web application (optional)
  • 80-100 hours for detailed app performance testing

If we consider above factors to be the case for your project, we can summarize that the whole process would generally cost around $100000 to make a photo sharing app like Instagram.

If you aim to make it available and functioning for both iOS and Android, you may spend additional $50000 or more to enable cross-platform coding structure.

Conclusion

The success story of Instagram did not happen overnight. Its initial version was built in 2 months by only 3 software engineers though the app was sold to Facebook for $1 billion in one year.

The epic characteristics of Instagram app that thrilled millions of global users were its exceptional performance, engaging features and unparalleled photo-creative capabilities.

You may need to adopt an experimental approach to build an app like Instagram. But as you learned, it is worth the time and efforts spent.

 

Exclusive Bonus: Download as PDF

What is Mobile App Marketing Funnel?

 

Mobile App Marketing Funnel is a model that breaks down the stages of the customer journey. It starts with general awareness and ends with leads that converting prospects into customers.

 

One of the most critical and complicated of all business funnels, Mobile app marketing funnel involves a lot many considerations and strategic challenges.

 

From their very discovery, onboarding process to final conversion and even beyond, customer acquisition funnels have users move through multiple stages and channels.

 

Your close examination and analysis of user journey through these funnels lead you to a better position in conversion tactics.

 

In this blog, we are going to understand 5 major phases of app marketing funnel and what tactics have potential enough to yield returning and loyal converted customers.

mobile app marketing funnel

The role of Mobile app marketing funnel

 

A little different from traditional marketing, most tactics used to propel customers through acquisition funnel are unique in its scope and effect.

 

The funnel for app marketing helps in the following parameters:

  • Discover friction points and business challenges
  • Areas of strengths and weakness
  • Target areas with great Impact on business growth
  • Customer retention solutions
  • Strong methods of customer interactions
  • Drop off, retention and conversion points
  • Realization of user-friendly engagement/support channels
  • Discovery of action plan
  • Key spots of investment

 

Read Also: Effective Post launch App Strategies That can Drive Success

 

Different stages in mobile app marketing funnel

1. Discovery and Awareness Phase

 

discover and awareness

 

Discovery phase in mobile apps is more crucial than traditional desktop exposure or typical enterprise sales. Here early stages where most purchase decisions are made consists of time taken to download an app.

 

In mobile app marketing funnel, the purchase or sales time which is nearly equivalent to time to download an app is relatively less.

 

The discovery and awareness stage is mostly dedicated to getting the product discovered by potential users and driving much awareness around it despite thousands of similar apps in the market.

 

Hence, the stage requires you to adopt effective app discovery tactics, both organic and paid.

 

(i) Organic approach

 

Many of mobile app marketing tactics resemble traditional marketing funnel such as social media exposure, word of mouth, email marketing, influencer or affiliate marketing, partner blogs and forums, etc.

 

(a) Word of Mouth

 

One of the ancient form of marketing, WOM type of marketing is still seen as effective in modern marketing funnel. WOM is all about how easily users can share with others, which is made possible by creating reward and referral programs in place.

 

Many food delivery and ride sharing apps leverage the idea of making it easy for existing customers to share and refer the app to their friends and folks. The tactic eventually drives good WOM marketing and referrals.

 

(b) App Store Optimization (ASO)

 

More like mobile app SEO, ASO is the must-have process of App store optimization that ensures your mobile app is optimized to rank top in app store when users come searching for it.

 

Since ASO accounts for 48% of app discovery, the need for ASO is high.For ASO success, make sure you use right target keywords in app name and description, and design an appealing icon,earn more user ratings and introduce frequent updates.

 

(c) Social media

 

Social media is undoubtedly the best tactic to create scores of fans for your app who will vote for you. Go and promote your new mobile app on social pages like Facebook, Twitter, Instagram, etc.

 

Twitter’s App Cards has people actually downloading the app directly from its page. Find out such healthy ways to connect and engage with active social media audience.

 

(d) Forums and Q&A sites like Quora and Reddit

 

Whether it is an app for shopping, meditation, e-sports, productivity or anything else, they all have a thriving community and target customers. It is important to find and reach out to them on channels and platforms they frequently visit such as hot famous Quora and Reddit. Follow their community guidelines and standard practices to achieve best gains on these interactive platforms.

 

(ii) Paid marketing tactics

 

Here are a few paid customer acquisition tactics to learn:

 

(a) App install and retargeting messages

 

To encourage more app installs, you can capitalize on your app’s in-built referral system. Use the referral links to create ads for retargeting referrals with a message. This way you will have a chance to convert and acquire new customers with existing ones.

 

Another app install driver is populating ads via social platforms like Facebook, AdWords, YouTube, Twitter, Instagram etc. These widely used networks help drive downloads and grab more attention.

 

This also works for Google Play store, where upon searching with a keyword, people get to see a list of apps along with paid advertisements of apps. In many cases, this tactic is more effective than organic results especially when you are new in the market.

 

(b) Affiliate marketing

 

Most popular these days, Affiliate marketing works like a referral system though other apps here feature your app to their existing users. The featured ad widgets, pages and snippets created by marketers is embedded by other app and web publishers (affiliates) on their platforms.

 

The app marketers have to pay a small fee to affiliates for such cross-promotion service which is more beneficial when you have multiple apps.

 

2. Consideration

consideration - mobile app marketing funnel

Before downloading and after discovering your app, the first instinct is to check ratings, images and description or a supporting video on the app page in app stores.

 

This is called consideration process where trust plays a major role to drive app installs. This is where your app proves whether or not it is worth downloading by means of proof visible to curious souls.

 

Ratings are especially important if you spend good bucks on paid marketing tactic as many ads show ratings. The app with 4 or 4+ stars emit positive signals and bring more organic downloads as opposed to 2-3 star apps that don’t impress.

 

(i) Organic strategies

 

For good consideration, try to build trust for your presence on various marketing channels including emails, social space, website,etc. Here is what you can do for app store consideration:

 

(a) App page

 

Put the top quotes and positive reviews on the top space of the app page. You can also take advantage of placing a promotional video that shows the ins and outs of your app and the experience downloaders can expect.

 

(b) App ratings and reviews

 

Your app page is only well-optimized when there are considerable app ratings and reviews. As spoken earlier, every penny spent on paid marketing efforts will be worth it when your app shines with 4+ ratings.

 

You may use a smart rating prompt tool that helps boost reviews and ratings by reminding satisfied customers to leave review about their experience with the app.

 

3. Conversion and Acquisition

conversion and acquisition - mobile app marketing funnel

Conversion starts as soon as the installation happens and varies from product to product. If it is a retail app, remember that users never follow a straight line in their journey.

 

Some browse for new products while others are interested in specific items or special offers for new joiners. For some apps, conversion is in-app subscription or purchases while it is merely account creation for others.

 

Some users decide instantly to create an account while others spend sessions before creating the account. Mull over all the ways you can lead users to a conversion point.

 

(i) Conversion Tactics

 

We suggest you should define the exact conversion metrics of your business and target spots you wish to hit before starting off with these conversion tactics:

 

(a) Smooth Onboarding

 

Smooth, fluid onboarding process is what customers expect and what boosts conversion. Get them started with your app and help them familiarize with your in-app environment.

 

 

Make sure the road between install and app usage is made effortless and simple for users to get accustomed to the app quickly. This is because onboarding is directly associated with their first experience.

 

b) UX design craft

 

The number of people quitting your app due to poorly designed interface and shoddy registration page is more than 40%. This suggests first impression is a key driver of conversion.

 

This is why marketers need to work together with UI developers to design a user-optimized intuitive interface that delivers flawless interaction. Fusion of marketers and engineers leads to more returning converted customers.

 

Read Also: Importance of MVP in mobile app development

 

4. Customer Relationship

customer realtionship

Building a customer relationship saves a lot of efforts and dollars spent on customer acquisition and retention activities. Develop a good relationship with them using the services that add value.

 

Marketers should follow the etiquette of physical retailers who engage with their buyers in store. While connecting with mobile app customers, choosing the right moment to spark off communication is the key to developing healthy relationships.

 

Steer clear from forcing yourself on customers when you approach them. Go with the flow, remain natural, read clues and reach out when you think they need you.

 

(i) Viable tactics

 

Think about how this approach to building customer relationships can translate to your mobile app experience by following these tactics:

 

(a) The right-moment communication

 

Communication with customers must happen at a right time and in a way that doesn’t bother them. You can choose to connect with in-app users when they are stuck somewhere, frustrated or had a great experience.

 

Encourage feedback and respond to them since good customer support, proactive resolution and product satisfaction translate to a lasting customer relationship.

 

Mobile offers a convenient platform for a brand to initiate communication and be accessible to customers in the nick of time. Leverage special feedback features to create a strong response system.

 

(b) Element of Personalization

 

Personalization is the one tactic that is never out of the game. Prepare viable one-to-one personalized messages that incorporate all of customers’ likes, tastes, preferences and tendencies.

 

Use customer data and try to be as close to customer’s personality as possible to achieve deep personalization and deliver addictive in-app customer experience.

 

5.Customer Retention

customer retension

Customer acquisition and replacement cost is quite higher than retention and engagement activities. Mobile apps that constantly stay in touch with their customers have better chance at retaining customers after installing the app.

 

Engaging customers involves building relationships, listening to their feedback, giving responses and delivering great experience. Customers are most likely to remain loyal when companies respond to their feedback.

 

Also as you implement their feedback to improve your app service, they feel like being a part of the process – which further translates to more loyalty.

 

(i) Retention tactics

 

New offers, feedback, special moments and app updates encourage customers to stick to your app and keep using it.

 

(a) Engaging content

 

Make a practice of frequently updating in-app content with fresh perspective as it keeps customers engaged and loyal to your app. You can think of adding dynamic catalogue or special offers banners, new features or fun facts associated with your products.

 

Offer something fresh and unseen so that every time they open your app, they will be surprised and retained more often.

 

(b) Push notifications

 

Unlike in-app messages, push notifications appear outside the app on a customer’s device as alerts or messages when they are not interacting with your app. These notifications help foster good desire in customers to go use your app again for a reason and drive retention.

 

(c) Loyalty and reward bonus

 

If nothing else seems to work, Loyalty bonus or reward programs are the best way to retain lost customers or infrequent customers who are less active.

 

You can customize your own mobile-exclusive reward loyalty program that boosts engagement and brand loyalty. For instance, make them purchase on specific occasion and promise a reward in return as soon as they hit a milestone.

 

Read Also: How to reduce the mobile app development cost

 

Final words

 

We hope you could learn and collect some insight from our attempt to explain ideal mobile app marketing funnel strategy to convert users into customers. You can work on these tactics, discuss with your marketing team and implement them to smoothen user journey.

 

 

When executed perfectly, the precise visualization of customer acquisition funnel leads you to exact target business metrics and a bright opportunity to achieve improved customer retention, conversion and loyalty while reducing drop off number.

The number of smartphone users has only increased thanks to the phones being affordable with time as well as the availability of internet that gives people the opportunity to use their phone for almost everything – more than just making calls. And this has motivated businesses to undergo digital transformation and make their services available to their customers through mobile apps.

 

App Cost Calculator

 

If you observe the app development industry, you will see how development companies try to be in sync with the latest technologies, trends and standards at every step to create apps that help bring success to businesses across different industries. In terms of frameworks used to develop an app, the most popular one being used today is React Native. 42% of the developers across the globe prefer using React Native.

 

What is React Native?

 

React Native is an open-source JavaScript framework developed by Meta Platforms, Inc. It is used to develop applications across different platforms, including Android, iOS, Windows, web, etc., allowing developers to combine the power of React framework with native platforms. The framework allows 90% code usability between Android and iOS platforms and has native-like capabilities, making it one of the most used frameworks for app development. Since React Native allows using the same codebase for Android and iOS to create mobile apps, it is also the best choice for a framework to create cross-platform apps. Therefore, apps created using React Native are fast, robust, and cost-effective.

 

Read Also: How Much Does it App Development Cost

 

React Native works like React and uses the same component-based approach. Therefore, a developer who is used to working with React will find it easy to work with React Native framework as well. React Native has large community support. So, React Native developers can easily get help when they face issues while developing an app using the framework.

 

Advantages of React Native

 

Why exactly is React Native one of the most preferred choices of app development frameworks? Let us have a look.

  • Gives native-like feel

React Native gives the native-like experience to the app users, completely removing their doubts over the performance of the application. Also, the framework provides easy accessibility to third-party APIs and plugins, making it easy for developers to achieve the native-like experience and functionalities in the apps.

  • Code reusability and ready-made components

Like we mentioned earlier, React Native allows 90% code reusability for Android and iOS platforms, making it easy to create cross-platform apps using the same codebase. Also, the framework has many libraries and pre-built solutions that developers can easily use while building an app. This helps increase the development speed and efficiency, which means faster time to market and lesser maintenance.

  • Less manpower

React native app development does not require many resources compared to other native app development. So, you might need only a few team members for the work. This is one reason even small businesses use React Native framework to develop apps.

  • Live reloading

React Native comes provides live reloading features that allow developers to work on the changes in the source code in real-time. The changes can be made as the app is loading and once done, an automatic reload will show the changes in the app. You can also reload a specific area of change to save time. This helps reduce the app development time.

  • Saves cost

The reusable code of React Native helps reduce the app development cost by at least 40%. You do not have to hire development teams individually for Android and iOS. Also, the different pre-built components of React Native help lower the overall development costs.

  • Focus on UI

React Native has a React Javascript library that helps developers build fast and responsive user interfaces. The good rendering abilities and the component-based approach make it easy to create both simple and complex UI designs.

 

Read Also: Top App Development Companies in UK 2022

 

React Native App Development Scene in India

 

Compared to other parts of the world, the cost of React Native app development is economical while not compromising on the quality. However, there is no fixed cost for Reactive Native app development due to the different factors that affect the costs- the purpose of the app, developer costs, etc.

Let us have a deeper look into the different factors that affect React Native app development costs in India.

 

Complexity and functionality

We can calculate the time and cost taken for developing an app until its completion by determining the complexity and functionality of an app, which means this is one of the biggest deciding factors of the cost. A complex app with the latest features tend to take more time to complete than an app with simple features. The apps can be categorized into those of simple, medium and high complexity based on the following points:

  • Development of Admin panel
  • Architecture model of deployment
  • Third-party integration
  • In-app purchases
  • Integration with legacy system
  • Usage of in-built features and functionality

 

App features

The cost of app development increases with the increase in features. This is because the development time increases if there are more number of features. This is why feature-rich apps cost more than standalone apps like clocks and calculators.

 

Customization

Developers can use React Native to build robust and scalable apps. But if you need it customized as per your business requirements, especially if you need add-ons, it might cost extra. Integrating an app with social media or a third-party app can all affect the cost of app development.

 

Hardware

Use of hardware can add to the complexity as well as cost of an app. For example, when you develop IoT apps with React Native, it costs more than developing native apps.

 

Read Also: How Much Does It Cost To Hire An App Developer?

 

UI/UX Design

The front-end of an application plays a huge role in deciding the fate of the business and therefore, there is always demand for an efficient app that serves many users at a time. The visually appealing elements and the speed and efficiency are all important factors that are necessary to attract users and at the same time, affect the cost of development as well.

 

Maintenance

App development does not end with deployment. It is also necessary to maintain the app and keep it updated with the latest features to keep it interesting for users. The timely changes in design, bug and error fixing and app updates all come under maintenance. This has an effect on the app development costs. The cost of yearly app maintenance amounts to at least 20% of the app development cost.

 

Developers

The expertise of developers also affects the cost of React Native app development cost in India. For developing simple apps, hiring a React Native app developer of middle or junior level would be enough. But if it is a highly complex or feature-rich app you need, you will have to hire a senior developer with lots of experience. The salary of the developer also affects the cost of app development. If you want to reduce the costs, you can hire a junior or middle-level developer instead and have to maybe compromise the quality of your app,

 

Deployment platform

The platforms you choose to deploy your app also have an effect on the development costs. Deploying your app on any platform costs an amount and each of these platforms have a fixed cost. You need to pay $100 in Google Play Store and App Store as developer license costs. You will also have to take permission from the host to ensure that your app complies with the policies and standards.

 

User login

An app with user authorization or login costs more than the one that does not require a login. This is because including the functionality in the app increases the development time which will have an effect on the development costs. Also, the extra steps needed to ensure that the feature works well and is safe cost extra.

 

Size of development team and location

A software development team usually consists of the following members – front-end developer, back-end developer, project manager, QA analyst, and tester. Each of these members charges an hourly rate for their efforts which can vary with where they are located. When you hire a React Native app development company to develop your app, the labour costs will be more compared to that of hiring a freelancer. But the advantage is that each of these members takes care of a specific part of the app, which means there will be fewer errors and the apps will be of good quality.

 

Hire App Developer

 

Cost of React Native App Development in India

 

If you are looking for app development within a budget, React Native is the most cost-effective framework that you can use. In India, the cost of hiring a React Native developer costs around $15 to $25 per hour. However, like it was mentioned above, there are many factors that affect the development costs and therefore, there are no fixed charges. All you can do is look for the average cost and see if it fits your budget.

 

If you see the costs based on team size, hiring a freelance developer costs between $800 and $8000 in India, while for a small team of developers, it costs between $10,000 and $100,000. However, if you intend to hire a React Native app development company, it costs between $15,000 and $150,000.

 

Now, if you look at the costs based on the project complexity, a simple app development project takes around 2 to 3 months and costs $5000 to over $20,000. Developing moderate app takes about 4 to 6 months and costs between $20,000 and over $50,000. Complex app projects take over 8 months of time and cost between $90,000 and over 120,000.

 

If you need a proper breakdown of these costs, it is as follows: the requirement gathering and planning step costs between $500 and $1000. The design and development step would cost between $1000 and $20000. App testing costs between $800 and $5000. The maintenance and marketing costs between $1000 and $20,000.

 

Before React Native was launched in 2015, businesses had to pay a lot to develop different apps for different platforms. Meta Platforms then launched the React Native – the cross-platform framework to reduce the development costs. This framework allows developers to build different apps using the same code base. It improves the development speed while reducing the costs.

 

 

Developers can efficiently create native-like apps using React Native. The other factors that motivate developers to choose the framework are live reloading, code reusability and easy implementation of updates.

 

If you want to build a high-quality React Native app, hiring a professional app development company would be the best option. They would ensure to do everything that helps reduce the costs. A good development team will be with you through the development process and will further provide app maintenance and even community support.

 

If you are in search of an experienced company that can help you to develop a high-quality React Native app at a reasonable rate, we, at Redbytes Software can help you. Redbytes Software provides app development services that involve building applications across different domains and platforms for clients across different industries.

With an experience in the app development industry that spans over 13 years and over 350 projects to our credit, we have accumulated our knowledge and skills, while keeping up with the latest trends and industry standards to create quality applications that meet all requirements of our clients. We are ready to give you the best experience of our services and if you are ready to collaborate, you can get in touch with us.