The elementary formula used by most app developers to calculate the cost of an app is:
Cost = time spent on the specific feature * hourly rate.
The cost of building an app depends on pre-build, development, post-development, licensing, features you decide to add, marketing, and the number of hours spent in making the app. If the coding and development are done in-house, then the organization will take care of the rest. However, if you are looking to hire someone to develop the app, the location of the hired developer will largely determine their hourly rates. Depending on the developer’s experience and seniority, the hourly rate may warry from a mere $5 to a whopping $300+. So, as we said good things are a tad bit costly, then spending money on a diligent software developer, makes sense. The average time taken by a developer to create an app is 4.5 months. A basic app can be developed from the range of $3000 to $120,000. And developing a high-end app ranges from $14,500 to $300,100. As per a survey done by a leading web development and digital marketing company, here are the country-wise hourly cost for building an app.
Country Chargers (per hour)
- US and Canada $50 to $250
- India $10 to $80
- Australia $50 to $150
- Eastern Europe $20 To $150
- Western Europe And The UK $35 To $170
Eight reasons why developing mobile apps cost more than websites
- The demand and supply hypothesis
Since the inception of the mobile app, their growth has been exponential. And currently, or rather, since a few years, the demand for mobile apps have reached the sky. The theory is simple, as the demand increases, the price is bound to increase. In today’s world, everyone who owns a business wishes to have an app. Most of the entrepreneurs have an idea about how this technology revamps their growth. This, in fact, is adding to the demand. The supply, in this case, is limited to the quality of the programmers – how well they cope with the changing trends to provide a top-notch app. The world is hungry for apps and people have become addicted to them. Last year, the app stores saw an annual download of 218 billion, and in the coming years, this rate is surely going to climb sharply.
- Developed for various platforms
There are three basic types of the app – Native that is created for one specific platform, Web apps that work on any mobile devices, and Hybrid, which is a combination of both Native and Web. Apart from depending on the app functionality, purpose and the technology used, the breakdown of the app development price also relies on which platform the app is developed for. These are three separate resources which use different language.
- The world is the oyster
To a large extent, the functioning of the website is restricted. Not a lot can be done unless the websites are customized to perfection. On the other hand, there is a lot to explore when it comes to mobile apps. Right from the way it looks, functions and features – mobile apps give life to your product. And the fact that these apps are created from scratch, fetches them more money.
- Leverage Device Functions
There are some specific reasons why mobile apps are costly and one of the major factors that have taken the front seat is the ability to access the user’s device capabilities. Apps can interface with the device’s functions such as camera, GPS location, contacts, and a few others. This significantly increases the customer experience. Options such as push notifications, alerts, camera, tap to call, tap to buy, instant update, gives the user’s a clear idea of the brand and the features in the offing. Even when the users are offline, just the icon of the app acts as an advertisement. Unlike, websites where there are some coercions to access these functions.
- It’s more than just an app
People often underestimate the time and effort required to develop and an app. Developing an app is also about understanding the brand and what the users need, designing the functions, creating a need, integrating serval systems, and more. This all requires tremendous strategy and skills, which is not easy and does cost a lot.
- A mobile application developing team has to overcome challenges like:
- Understand the user’s requirement and market demand.
- Stay true to the client’s requirements.
- Find the perfect team.
- Design flawless software.
- Integrate different systems and technology.
- Continuously manage the performance.
- Come up with plans to keep the app alive in people’s heart.
- Customizable functions
Developing a mobile app is all about addressing the custom screens on the app side, backend app screen, reports in terms of user behaviour, engagement and the revenue of the, and third-party engagement, just to name a few. In essence, mobile apps offer countless functions and options. Such functions are not usually available on websites. A developer can create these functions after carefully analyzing the brand and the product in the offing. After which, developing these functions takes time and ample hard work. This all adds up to the total application development cost.
- At your service
Most websites are made for one and all. However, mobile apps are custom-made for the user’s interest. Apps are built to suit the needs of the user. Moreover, apps enable the user to set their preferences while downloading. This fetches the app some useful data. In short, personalization comes at a cost.
- Work of an art
If an app is an art, then the app developers are artisans. To be frank, mobile app development requires immense skills. Those skills are maybe easy to learn but they are surely hard to master. With that, an app developer needs to up to date with the languages, framework and technology, and then change their skills as per the market trend. To create any work of art requires a great and skilled team. Not to mention the risk of hiring an inexperienced developer. And when one is looking for quality, not shelling enough money is never an option.
In conclusion
It is rightly said, a good software like wine, it takes time and does come at a cost. The benefits of having a mobile app for your business has myriad benefits. It adds value to your brand, helps you connect with the consumers, aids promotion, ensures high engagement – in short, it’s worth investing in a mobile app. Regardless of the domain of your business, having an app for the same has become a must. The mobile app industry is lucrative, but it requires immense knowledge and experience to build a high-selling app. Although it is expensive, be assured that apps will increase your reach and help you attain your company’s goals within no time. At App Scoop, we will not only understand your requirements to the tee but also deliver an app that will make your business grow leaps and bounds.
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