3 Essential Considerations to Manage Mobile App Development Costs

by Varsha Solanki
Published 10/23/2019
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Do you know how many mobile applications were downloaded by people worldwide last year? 194 billion, according to a report of 2018’s mobile app data. That’s right.

If you also have a business or a new mobile app idea, then you must be considering mobile app development. But it is possible that you are worried about the costs and the amount of money that you will need to put into the process.

Every time you go to a new developer, they give a quote estimation higher than the previous one. And you know that the best will come at a hefty price.

Mobile app development costs can vary from affordable to so expensive that you may need to sell off your property. It all depends on the type of application you want for your business. 

App development cost is a crucial expense that plays a major role in the success or failure of your mobile app. However, you need to understand that higher costs don’t always equal to the best quality.

Once you settle down and choose a company that has a standard app development process and fits in your budget, you can take some more steps to ensure that the cost of development doesn’t go out of hand.

After considering several mobile app experts, here’s a comprehensive list that you can follow if you want to ensure that the expenses stay with limits. Keep reading to save yourself some bucks!

1.  Keep It Customer-Centric

We understand that you may be over-enthused and feel like adding all the features in your app. But that’s not the right way to go. You don’t have to add artificial intelligence or Internet of Things just because it is a trending technology either.

Understand your competitors and see what they are doing to make the customers happy. Then, try to gauge if the customers are happy with your competitors’ product. If they aren’t satisfied then see how you can make it better for drawing them towards your mobile app. The more users that you can get for your mobile app, the better it will be when you are recovering the costs for the development.

Hence, developing your mobile application by keeping the users and customers at the center will be the most beneficial for you. Often, people tend to add too many or too little features in the mobile app. While adding too many features can raise the development cost, adding too little will probably result in failure, causing you to get the application developed again or putting all the efforts to waste.

2.  Error-free Communication

If you want a chocolate, you have to ask for it! 

Once the cost estimation and a project timeline has been provided to you by the app development company, they will move on to the development stages. In this stage, it’s not simple enough. One thing that can make it simpler is error-free and clear communication. 

If you want something then you have to ask the other person for it. The same goes for when you do not like something; you will have to inform the developers about everything that you dislike. This will help them understand what you don’t like and take action accordingly. When you are working with a mobile app developer or development company, you will need to communicate with them clearly. With effective and synchronized knowledge transfer, it becomes easier to reduce development costs. 

The thing is that app development consists of various stages like business analysis, design, development, and QA. All of these need to have clear and transparent communication between them to avoid ending up with an app that is full of errors. So when searching for a developing partner, look for a company with no-nonsense communication policy. This will help ensure that there is no error due to miscommunication or hidden information.

3.  Prepping for the future

Technology keeps changing and it is important to reduce the effects in the app development process so as to avoid an escalation of the cost. Once you launch the app to the users, it can be possible that they request for features that you hadn’t thought of. Or maybe you are still in the development stages but suddenly there is a new technology in the market and you feel like you should use it in your new mobile application. Such deviations will lead to a high cost of development for your application. 

You might be able to let go of some of the changes but you can’t avoid them altogether. Competition, errors, new technologies are some of the things that you will need to keep in mind even after development. Moreover, once the users start using your mobile app, you will get a better idea about what they are expecting from your application. Regular iterations of the app are also crucial after the app is live on the app markets. Keeping this in mind, it would be better if you do not spend your entire budget on the initial development stages and save it for the next iterations.

Summing it up

Although app development costs can vary and go very high, with proper planning, it could be brought under your budget. Try and partner up with an app development company that follows a standard process and is professional. This can usually help you avoid being scammed by developers who are just looking to rip you off without providing enough in return.

And if you are a startup that’s working on a shoe-string budget, you could also consider more tips to help you save app development costs for startups. Some of these tips can also be used by larger organizations if they are looking for some cost-cutting. 

Although these are the main and essential points that you should be following if you want to avoid escalation of development costs, there are many other things that should also be taken into consideration. For many other apps, there could be a fourth factor that could affect the way that money flows. Since these 3 points are evergreen, they could help you contain your spending within your budget and avoid spending too much.

Author bio: Varsha Solanki is a Digital Marketing Strategist at Space-O Technologies, a mobile app development company. She has 3 years of experience in the Information Technology industry. She spends her time reading about new trends in Digital Marketing and the latest technologies.