817-283-3324
LinkedIn Twitter Facebook
WebRev Connect
smarter websites


Blog

 

Will Your Mobile App Development Project be Profitable?

Posted Wed, September 4, 2013 by Julie Short

Whether they express it directly or not, this is a question that is on the minds of a lot of business owners and executives when they come into our office to discuss mobile app development. Will they make money from the project, or will it be an expensive waste of time?

Obviously, there isn’t any single answer to that question – too much depends on your idea, the execution, and what kind of impression you make in the market. Plus, there is the harsh reality that developing a mobile app is the business equivalent to writing a novel or screenplay: Some go on to make big money, many generate solid sales, and more than a few are never noticed by potential customers.

So, how can you produce a big hit and avoid sinking money into a losing project? The first thing to do is realistically evaluate your app development idea. Here are three important questions to ask yourself from the outset:

1. How many other similar apps are already available on the market? There are really two important components to the answer. On the one hand, dozens of other existing apps might mean that it’s hard to gain attention and market share for your concept, especially if other apps are already entrenched as bestsellers.

On the other hand, though, having no other apps in your market isn't always a good thing, either. It could indicate that there just aren't enough potential buyers for the app you want to develop.

2. Does it do something different or better than other available apps? This is probably the biggest point that most would-be app developers overlook. In their rush to get a "great idea" out to the public, they don't stop to think about whether they have something that's truly new and interesting.

Unless your app offers something that other existing products don't, buyers are likely to stick with the ones they know and trust and ignore yours altogether.

3. Does it have value to your business beyond the sales it generates? Often, the key to a successful app launch is in figuring out exactly how you'll profit from it. In other words, some apps make money without ever being sold, because they bring customers back to your mobile website, encourage online sales, or reduce your customer service burden.

Before you invest money into app development, figure out how it can be distributed, and whether profits can be made in ways that don't involve selling it directly to customers.

Need answers to your questions about mobile app development? Contact WebRevelation today and let our team walk you through everything you need to know.

Posted in : Mobile Apps | 
Tags : mobile app


Blog Categories
RSS All Posts
RSS Announcements
RSS Blogging
RSS Business Strategy
RSS CRM
RSS e-commerce
RSS Email Marketing
RSS ERP
RSS FYI
RSS Mobile Apps
RSS Mobile Websites
RSS Online Marketing
RSS Online Profile Management
RSS SEO/SMO/SMM
RSS Tips and Tricks
RSS Website Content
RSS Websites

GoogleRSS
YahooRSS
MSNRSS
Tags
contact forms websites call to action buttons online security security cms custom cms easier content management e-commerce webpayments ways to go mobile friendly mobile app seo google keywords content mobile friendly google change effective campaigns password safety passwords business listings online profile linkedin linkedin for your employees web conversion social media crm web design marketing strategy online marketing build community build online community relationship marketing search engine marketing reviews effective design mobile websites blogging effective blogging blogging tips making linkedin count marketing custom content management system organization effective navigation lead generation klyde warren park dallas food festival business owners scams inventory erp context authority networking gas and oil technology mobile tips attracting hiring college graduates updated website website trends improved websites social proof
Quicksearch
Email Signup  


Testimonials
Once we saw what WebRevelation did, we were blown away by how professional it lo...
When looking to completely re-vamp our website here at Tucker Hill, we were refe...
Contact Us

Web Design in Oklahoma
Call  405.607.0349

Web Design in Texas
Call  817.283.3324