The appeal of apps is obvious but is there any barrier to entering this industry? What can be the consequences of producing the next Angry Birds app or some other gaming app? If you think of investing a small amount of money and time, do you think the so-called mobile moguls could easily turn this concept into a steady source of income? Thanks to the app stores, it has never been easier to try a hand at becoming the next tycoon in the world of tech.
Before you take a plunge into the industry of app development, there are many things that you need to know. Instead of sulking later on about not knowing the tricks of the trade, let’s get aware of them.
- How much will it cost to design an app?
Are you someone who is new to the app industry? If answered yes, you should prepare yourself for a shock! At the very minimum, designing an app might cost you around $10,000. O, there is no fancy or social media jibber-jabber included here. Any app that’s worth its code weight will most likely cost you around $20,000. If you’re someone who doesn’t have the basic designing skills, you will require enlisting both the help of a designer and a programmer. The programmers won’t come at a cheap cost and hence you have to look for creative ways with which you can come up with more funds.
- What is the amount that you should charge for the app?
Experts recommend you to start an app by paying nearly $1.99. This is the premium price and it is also immensely satiating to receive more than a buck per download. As with the majority of other things, it is much easier to reduce the price later than it is to increase it. In case your main business model includes in-app purchases or ads, you would wish to give your app free of cost.
- When can you get paid for your efforts?
Apple will send you cash a month at a time, up to 45 days post the month has ended. Hence if your app goes live in the month of January, you can predict the first kickback sometime during the early march. Apple will only pay you back in case your earned amount sums up to at least $150 and hence you may have to wait before you receive the first payment. If you’re considering Apple, they will pay you with direct deposit.
- Know how to avoid spam
Within few days of hitting the Android Store or the Apple store, expect your email account to be filled with spam. A Majority will try to attract you to get money in return for positive reviews under the disguise of mobile marketing. Being smart enough to design an app, you should be smart enough to not respond to all these spam.
Therefore, if you’re wondering about the ways in which you can enter the app development industry, you can take into account the above mentioned factors before stepping into the market.