What can impact the cost and quality of your startup application?
When you are first considering to create your app for your startup, you’re probably really excited and trying to figure out how to create the most suitable app for your customers and for stepping up the game for your business, but such a process can be costly and tiresome. Thus, here we bring you some factors you have to consider when you think about the cost and quality of your startup app.
Developers hourly rate and project complexity
This is the first, second, third, and most critical factor that will impact the cost of your app. A Clutch survey says that the median app development costs go from $40,000 to $730,000. As you may see, this is a wide range, because it mostly depends on different factors that we will evaluate right here.
The complexity of the app features, user experience, interface, and some other characteristics such as back-end infrastructure and third-party API integrations, development approach, and the number of developed platforms also impact the estimated cost.
Startups generally don’t have that kind of money in hand, so an alternative way is going for freelance developers located in Latin American countries such as Colombia and Venezuela that can offer a quality product for a fraction of the price.
Thus, you have to evaluate which of them fits better with your project. On one hand, a freelancer responds to your specific requirements. Also, they are affordable and flexible. However, you may not receive strong support and maintenance for your app. On the other hand, you can work with a company. That means you’ll have a professional team of experts with a dedicated crew for specifics tasks and with a strong support and maintenance post app launched. However, this comes at a high cost.
Expectations
As with any other project, app development usually starts with planning. You sit down with your team to search, discover, and scope what you want and design an ideal outcome.
There’s a positive correlation between your idea, the cost, and the quality. If you have a clear idea of what you want, you’ll reduce costs and receive better quality. You must know what are your products and how you want to sell them, what problems or value your products and app will solve for the consumer? Who are your consumers and your ideal clients? What other similar apps or products are on your market? How will you stand and shine above your competitors?
In conclusion
The decisions you make in the first phase of your project influence the rates and costs that will determine the quality of your product. To reduce costs without hindering your product quality, start with setting clear expectations for your product that are based on your target market and customer development. A good business plan for your startup app is the key to deliver a quality product without draining your savings.