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3 Reasons You Need an App Cost Calculator

By Chandra Gupta,

April 13, 2016
App Cost Calculator
According to the University of Alabama at Birmingham’s Online Master in Management Information Systems, it is estimated that by 2017, the mobile app market will be an industry worth $77 billion. The use of smartphones is growing further day by day. As of today, 91% of the adult U.S. population owns a phone, out of which 61% are smartphone. (Source).

The popularity of mobile apps doesn’t seem like it is going to fade out anytime soon with a new app being introduced in the market almost every day. One billion smart phones are predicted to be sold next year and this is a huge opportunity for app builders.

With so much revenue in the industry and ample opportunities for app development, there are many companies who are planning to build apps. Businessmen and venture capitalists are always on the lookout for an opportunity to invest in an upcoming app.

If you are a businessman or an investor who is planning a new mobile app, it is highly recommended that you use an App Cost Calculator. This is because an app cost calculator can help you give an accurate estimate of your app’s budget. It can also help you plan your app features and functionalities according to your budget. This is important because a proper plan with a blueprint before you start building the app can yield great results.

Three major benefits of using an App Cost Calculator:

  • Avoid Budget Problems – Many app projects get dumped during development because of monetary issues. Developers begin working on an app but realize midway that they need more budget than they had estimated. Since the investor has already spent a fair share of their money, they refuse to allocate more budget. This often results in the project being abandoned totally. Avoid such problems by having an accurate estimate of the app, even before you start building it.
  • Plan Better – By estimating an approximate cost for your project, you are going to make it easy for your developers to organize, manage and execute the creation of  you app in a much more effective way. An accurate budget results in a good business plan and leads to an improved strategy and good results.
  • Save Money – Prevention is better than a cure. So by having an estimated plan, you can avoid any unnecessary expenditure. This ensures your project sticks to the budget that you planned for.

Our app development team at WASP has created a comprehensive App Cost Calculator that can help you arrive at an accurate estimate for your app idea. It is a simple tool with multiple choice questions that will help us understand your requirements, based on which, the tool will present an estimate cost for your app.

For anyone who uses our tool to calculate your app cost, we are providing a FREE CONSULTATION once you finish the questionnaire. So what are you waiting for? Use our App Cost Calculator now!

 

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Tagged:App Cost CalculatorApp Marketingdigital marketingMobileMobile App Developmentmobile appsMobile MarketingWasp Mobile

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WASP
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5301 N Federal Hwy, Suite 150,
Boca Raton, Florida, 33487, USA

800-516-3591

https://waspmobile.com

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