on demand app budget

On-demand mobile apps connect the users to the service they want, quickly fulfilling their requirements. These can be developed for a number of market domains including food order, logistics, doctor-on-demand, tutoring services, beauty/salon, pet care, house cleaning, laundry, maintenance, taxi services and fitness services, to name a few. Wondering why on demand apps are growing in popularity? Due to aspects such as their ability to meet the needs of the customers quickly, ease of use, interesting features, etc. As per a report by the PwC, the market for on-demand mobile apps and websites is expected to reach a value of $335 billion by 2025! As per a report by the PwC, the market for on-demand mobile apps and websites is expected to reach a value of $335 billion by 2025! Structure of On-demand Mobile Apps Unlike ecommerce or social networking apps, an on-demand mobile app offers two app experiences, one for the customer and the other for the service provider. Not all the features in user apps will be present in the service provider app and vice versa. The User App As the name indicates, this interface is for the customers who use the service. It contains various features such as searching for products/services, tracking order, navigation, order history, pricing details, etc. The Service Provider app This app is for the service providers and contains options such as profile, active orders, customer support, pricing, etc. Admin Panel On-demand mobile apps also require an admin panel, which manages both the users and the service providers. Are you planning to make the most of this trend and develop an on-demand mobile app? Do you want to provide innovative solutions to users, while getting a high return on investment? Then, one of the most important aspects to consider is planning the budget for on-demand mobile app. Factors to Consider When Planning a Budget for an On-demand Mobile App A well thought out plan ensures that you offer the solutions you want without going over the budget and without compromising on the features. It helps you to provide the right service to the users without stretching too much. You would be able to avoid the unpleasant surprises that might come up before, during or after the app development. To give you a clearer idea on this, I have compiled the top 10 points you need to consider while planning the budget for on-demand mobile apps. Read out these tips to steer clear of the budget risks that commonly plague on-demand mobile app development. Set Clear Goals Setting clear goals before the app development helps you achieve your key objectives while keeping the development costs in check. To set clear goals, you should ask yourself questions such as: Who are my target audience? Who are my competitors? What are the unique selling points of my app? What problem (s) does my app solve? How do I plan to generate revenue from the app? How do I stay relevant in the marketplace over the long-term? Once you answer these questions, you will have a clear idea on aspects such as target audience, your competitors, your core features/functionalities, and how to achieve profit from the app. This in turn helps you to better plan your budget. Finalize the Features Features directly impact the cost of the on-demand mobile app. To that end, skipping on the necessary features could affect the app usability, while going overboard with features or including unnecessary features will make the app boring and complicated. Striking the right balance is the key. It is important to finalize the features. To achieve this, you can start with the features that your app can do without. Then you can include the most important features, starting from the basic ones to the more complicated ones. Single or Multiple Platform Development Single platform mobile apps are those that support a single operating system such as iOS or Android. Mobile app developed in Single platform can be cost-effective and fast, they are limited to specific users. Multiple platform mobile apps are designed to be compatible across multiple operating systems. Multiple platform apps cover a larger user base. To better decide whether to choose native or cross-platform app development, determining your target audience is vital. Nowadays, many companies also develop an app for one platform first and then move to the other platform. Android App or an iOS App Are you confused about whether to develop an android app or an iOS app? Read the pros and cons below: – Android app pros and cons According to Statista, in 2019, Android had a share of 74.13% of the worldwide market while iOS had a 24.79% share. If you are planning to reach a global user base, an android app is preferable. However, Android users spend less on apps. Also, the app development time for android is longer compared to iOS. – iOS app pros and cons iOS apps have lesser market share globally and the App store has stricter rules and a longer review process. However, iOS users are willing to spend more on apps compared to Android users. iOS has lesser development time and more security. iOS is popular in the regions of Western Europe or North America. Outsourcing or In-House App Development? Should I outsource the development of my on-demand mobile app or should I develop it in-house? There is no straight answer to it. When you are planning a budget for an on-demand app, you have to decide whether you want to develop it in-house or outsource the project. Both outsourcing and in-house development have their own pros and cons. Based on your unique requirements, one option can be the best for you. While in-house development allows you to closely coordinate with the team, it gives you more freedom to explore and add more features. It can be costly especially for startups and small businesses. In-house development involves salaries, rent, software licenses and more. Outsourcing means you may not be able to monitor the app development