2. ➤ The actual price of development for an application like
Groupon that runs on Android, iOS and web platforms can
easily range from $50,000 to $100,000 or more!
➤ Of course, this is not the cost of development for the first
iteration of the product which would have been around
$30,000 to $40,000 only. While developing a product on
digital platform, one should always know that
4. ➤ As stated, a product goes
through continuous mode of
development, addition of new
modules, updates supporting
the latest technology, new
features and more.
➤ Until its complete lifespan, a
product is never said to be
complete.
➤ A similar thing should be
considered for any app or
platform including Facebook,
Instagram, Snapchat, Groupon,
etc. They all go through
nonstop product improvement
cycles.
5. If we talk about Groupon or any similar app that sells
deals, offers and other services from online and brick
and mortar stores to the customers, the very basic
cost of development can easily reach up to $50,000
given its minimum features for mobile application
development and deployment.
6. LETS TRY TO BREAK IT UP
➤ A similar app or basic featurette
clone of Groupon app can easily
take up to 3 months of development
period.
➤ Now, lets assume that only one
developer per technology is
required i.e. Android, iOS, PHP for
backend, then the cost spills as
shown in the next slide:
7. ➤ Android Development – 3 months X 160 hours = 480 hours
(Considering 40 hours/week)
➤ iOS Development – 3 months X 160 hours = 480 hours
➤ PHP Backend Development – 3 months X 160 hours = 480 hours
➤ UI/UX Designing – 80 hours
➤ Project Management – 80 hours (Minimum)
9. As said, this will be the cost of development for
an app similar to Groupon or a hyperlocal deals
app platform for retailers. Other costs like server
hosting and maintenance are not yet taken into
consideration.
10. ➤ Now, what if I said that such platform is available to the users
for only $15/day inclusive of development and hosting which
makes the monthly charge of running a deal app platform only
$450 which is lesser than $500! YES.
➤ &Apps has recently launched Hyperlocal App as SaaS in which
anybody anywhere in the world will be able to host their own
deals app for their individual store or branches or even the
entire market starting from jut $15/day which is nothing
compared to the total cost of development and running the
platform.
11. ➤ There are tonnes of all the basic and advanced features that
can be used as per the requirements like payments via Stripe,
Last Minute Deals, Cashback and much more.
➤ &Apps has basically a simple funda of fostering
entrepreneurship worldwide and taking care of all the
technological elements behind the scene so that the
entrepreneur can focus all of his/her energy on generating
sales, marketing and making money. Ultimately, the goal of
any business is to make money.
12. Learn more about their service by clicking on
this link. Start your own app business today
with the help of &Apps.