How to Create an App Like Zoom

2020 has brought an onslaught of uncertainties where people across the globe are being advised to maintain physical distances from each other. Such unique circumstances have forced the majority of the population and businesses to transfer to an online working approach.

To ensure that work gets done smoothly, many are increasingly becoming reliant on conference calls. Having said that, studies report that working and speaking with co-workers without actually seeing them can be a cause for distraction.

zoom app

This paves the way for apps like Zoom that have proven to excellent platforms for businesses to conduct their meetings.

On the lighter note, apps like Zoom are also being increasingly used to remain in touch with friends and family members, conducting online classes to ensure that communication channels are always open.

Lets see how we can create a video chat app like Zoom and its development cost

Why Has Zoom Shot To Fame In Recent Times?

Web conferencing tools are available in plenty. That said, not every platform is suited to conduct group meetings involving a large number of employees.

While most support up to 10 members, you will struggle to find applications that can include higher employee numbers than that.

There isn’t a ‘one size, fits all’ solution that will ensure that your video meetings go smoothly.

But in recent times, Zoom as a video conferencing app has shot to fame as the application has been able to meet the operational demands for both businesses and personal individuals.

By enabling HD video conferencing and supporting up to 1000 participants in a single session, Zoom capitalized on the growing needs of the market that was looking for platforms to conduct online meetings.

Start-ups and entrepreneurs, inspired by the skyrocketing demand for video conferencing platforms are viewing this as a viable opportunity for investment. Many are keen to create an app like Zoom too.

So, the question is, how to create an app like Zoom from scratch? Let’s find out.

Read Also : 24 Best Video Chat Apps 2020

Start With selecting a Platform

Before you commence with the application development, you need to decide on the type of target platform that you will be using. This is essential as it helps in determining the cost outlay and the tools required in the development process.

Ask yourself this key question. Where do you want your application to run – Smartphones, Tablets, Laptops, Desktops? You can choose one or even all of these platforms to host your application.

Alternatively, you can opt to use WebRTC which does not restrict you to a particular platform only as it can support all of them. That said, you should go with an approach that is best suited to your app’s requirements, the resources available at your disposal, and the budgetary allocations.

In the current scenario, your available options are to go native or web-based.

Native Apps

If you choose to go the native route, you need to select which platform will you be deploying the application on. Officially, Android and iOS are supported by their respective programming languages, namely, Java and Swift/Objective-C.

So, you will have to create a separate application for both iOS and Android platforms.

On the other hand, you can also utilize frameworks such as React Native that permits you to develop native apps that can run on both Android and iOS devices.

Web-based Apps

A web-based application is what most developers think of first. Since WebRTC APIs come included with all major browsers, the app can be accessed on any device that has any one of these browsers installed.

Moreover, using web-based applications is advantageous as there is no need for an additional third-party tool. You can use simple HTML, CSS, and JavaScript to create the application. Or else, go withReactJS, Angular, or Vue that makes the app more powerful.

Developing your video conferencing app is convenient on the web-based application as many desktop platforms offer it as a default inclusion with the system.

It is said to be ideal for those apps that are looking to enter both general computers and laptop markets. But it has been said to work well on mobile devices too.

If you wish to give more power to your app as an individual entity for respective platforms, opting for the native route makes more sense. Also, if your objective is to support legacy devices, native is the way to go as it is not supported by WebRTC APIs.

Progressive Web App

Progressive Web App or PWA is a concept that has been recently gaining in popularity. This combines the best of web and native which you may wish to consider as a third strategy when creating an app like Zoom.

Define Your Video Chat App Features

zoom app features

Now that you have your target platform sorted, the next step is to make a list of features and functionalities that will be highlighted through your application.

A lot will depend on the requirements of your application and the budget allocations.

Here is a list of recommended features that can be included in your video- conferencing application.

#1. Pre-call Video Preview

Allow your app users to check the camera before joining in on a video call. Enable them to disable video, if they wish to do so.

#2. Chat

While enabling video is a must for online meeting applications like Zoom, you also need to integrate a chat feature as an add-on channel of communication that users can utilize during a call.

#3. File-Sharing

When creating a Zoom clone application, having a feature that allows users to exchange files during the online meeting offers convenience. That said, you must ensure that the app provides a secure platform to store and transport these files.

#4. Multi-party Conference

An online meeting app will only be successful with the users if it allows more than two users to join in the call. A multi-party conference feature is a tough task to accomplish but is the heart and soul of any video-conferencing application.

Enabling more than 10 users to join in the call will require adequate backend support and reinforcements to ensure that the app works smoothly.

#5. Desktop Sharing

Integrating a desktop sharing feature is a key functionality that comes in handy when users are connecting from remote work locations and wish to share the content of their screens during the online meeting.

This is especially useful in cases where technical support is needed and an expert can guide users to get a specific task accomplished.

#6. Recording

Recording during an online meeting can be advantageous for very many reasons. Having said that, if you consider offering this feature then make sure that you provide storage for these recordings too.

Although, you can allow the user to save the recording on the Cloud or locally on their device too. You should also think about security measures to ensure that access is not granted to unauthorized users.

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#7. Filters or Icons

If your Zoom clone application is being used in an informal capacity, then having a feature that allows users to add funny filters and icons during a call can help to attract a larger user base.

This will encourage more private calls to be initiated even though your target market primarily caters to a business audience.

#8. Whiteboard

If your application is being used by educational purposes, then a Whiteboard feature helps the initiator, or in this case, the teacher to impart a class through a tool that adds graphics to an idea.

#9. Live Streaming

Thanks to social media live streaming as a feature has become extremely popular. It allows a specific user to live stream audio, video, or both to a particular group in real-time.

From a business context, it can be helpful in live streaming conferences and meetings to a large group of audiences or help the government to gain access to disaster zones or rescue missions.

#10. Virtual Hand-raising

During an online meeting especially when there is a large group of members, having a virtual hand-raising feature enables a user to convey their wish to speak or voice concern by signaling to the host.

This is usually through a virtual emoji that is designed in the format of raising a hand. This feature prevents multiple users from speaking at once, thus ensuring that the meeting progresses coherently and seamlessly.

#11. Polls

As the online meeting ensues, the host can create a poll that is shared with the participants. This Poll feature enables the host to collect participant responses about a specific issue or topic.

#12. Mute Participants

When the host of a meeting wants to ensure that users do not speak out of turn, he or she can make use of the ‘Mute Participants’ feature. This mutes the mic of one or more of the online meeting participants according to the desire of the host.

Know the Technology Stack

With a well-defined platform and the list of features out of the way, you need to know on how actually to create an app like Zoom.

Here is the recommended technology stack.

Native Apps

  • Android:
    • Programming Languages – Java, Kotlin
    • Toolkits – Android Studio
    • SDK – Android SDK
    • Video Chat – WebRTC
  • iOS:
    • Programming Languages – Swift
    • Toolkits – Apple Code
    • SDK – iOS SDK
    • Video Chat – WebRTC

SDK and API

  • WebRTC uses 3 APIs
    • MediaStream
    • RTC PeerConnection
    • RTC DataChannel
  • Third-party APIs
    • ContusFly
    • Pubnub
    • CometChat
    • Willio

The Development Process

Take a look at the steps that you cannot ignore when developing your video conferencing app.

Step 1 – Back-end Development

To create your video conferencing app like Zoom, you need to figure out how to create the server part that contributes to the proper functioning of the platform. This has to be done right at the very onset.

A ready-made BaaS solution can be used for some select apps. That said, a video conferencing application is quite complex and may require more robust technologies such as building a server from scratch.

Step 2 – UI/UX Design

The design of the app is the next step. You must design the app user interface and experience making it attractive for popular usage to the end consumer.

The navigation should be simple and convenient to understand. The user should be able to quickly grasp the functioning and performance of individual features and functionalities.

Your team should consist of the following experts:

  • Project Manager – 1
  • Tech Lead – 1
  • iOS Developers – 2
  • Android Developers – 2
  • Backend Developer – 1
  • UX/UI Engineer – 1
  • QA Engineer – 1

If you are building an MVP app, here is a stage-wise break-up of man-hours that you may expect to invest in the development process.

 

Stages MVP Hours Full Feature Hours
Business analysis + UX 50—70 80—100
Technical Specification 20—40 50—60
UI/UX 40—60 for each platform 80—120 for each platform
iOS/Android development 400—450 for each platform 500—700 for each platform
Backend 150—200 300—400
QA 50—60 for each platform 80—100 for each platform

 

With a limited set of features, you are looking at a time investment of approximately 1200 to 1450 man-hours, whereas if you go with a full-blown, feature-rich version, the man-hours may range anywhere between 1750 to 2400 hours.

Read Also : 11 Steps to create a successful mobile application

How Much Does It Cost To Create An App Like Zoom ?

Basis these two ranges, here is a rough cost estimate to create an app like Zoom.

 

Country Average hourly rate MVP Full feature set
USA $80 $96 000 – 116 000 $140 000 – 192 000
UK $70 $ 84 000 – 101500 $ 122 500 – 168 000
Western Europe (Germany) $60 $ 72 000 – 87 000 $ 105 000 – 144 000
Eastern Europe (Ukraine) $30 $36 000 – 43 500 $52 500 -72 000
India $25 $ 30 000 – 36 250 $ 43 750 – 60 000

 

This is only an estimate and the actual cost will depend on several factors such as the final list of app features, the constitution of your app development team, their location, total man-hours put in the process, etc.

Final Thoughts

Zoom has set itself as a benchmark in the video conferencing app space. Having said there, there are still a lot of lee-ways available for more players to make their presence felt in the domain.

communication app cost

The benefits and subsequent returns to create a video chat app like zoom are crystal clear. Plus, the trends promise it a long life.

So, what are you waiting for? Start working on your idea today. Get in touch with our experienced consultants if you want to create an app like Zoom.

How to Create an App Like Nextdoor for Neighbors?

The popularity of community apps such as Nextdoor, GoNeighbor, and Hoodi is rising. Even Google has tried its hand to create a community app like Nextdoor with Neighbourly. All for good reason – people are increasingly aware of the distance created among them and want to reconnect with people in a media platform.

When Nextdoor was introduced, the founders realized that according to Pew Research Center, 29% of Americans knew very few about their neighbors where as 28% did not even knew their names. But now Nextdoor consists of more than 180,000 neighborhoods who share the media platform for services, newsfeeds, conversations, etc.

If you are someone interested in providing value to society while also building a start-up, then community app is a great choice for you to explore. The success of the Nextdoor app stands as a testimony to this fact. But, how do you create an app like Nextdoor? Let’s take a look about its development process and app cost.

About Nextdoor Community App

create nextdoor app

Launched in 2011, Nextdoor emerged as a private social networking app solution among users who like to interact and engage with their local community.

This app has features such as local news feed, community events, important notifications and recommendations for local service providers, merchandizes, stores and more.

By providing users the ability to know all about their neighborhood community and happenings, the app became a reliable resort for many.

Nextdoor App Trivia

Read Also : How to make an App like OYO

Features

1) Local app For Neighbors

This app lets the users know all the local news happening on your neighborhood. You will get recommendations for the best local jack of all jobs. Users can use this app to sell or buy items by posting on the ‘For Sale or Free’ page of the app.

2) Events

You will get notifications on the local events and community activities at your nearby location. It also helps to find garage sales, yard sales, and estate sales and also to host and organize parties and events.

3) Home services and deals

Helps to find a baby sitter or recommend a nanny. It also allows you to search for pet sitter or catering company through the classified ads in the app.

4) Crime alerts and safety tips

Nextdoor app shares information during a natural calamity or disaster and also organizes a neighborhood watch to get a word on crime and safety. They keep a crime report and maps to help your neighborhood stay safe.

5) Recommendations

With the app users can find review of nearby businesses like restaurants to find whether it is worth.

6) Help Maps and Groups

The very latest features introduced by Nextdoor are Help Maps and Groups to provide better support during Corona Virus outbreak. The help maps offer a way to coordinate help between those in need and those who are willing to offer help by dropping supplies, running errands, etc.

Groups allow smaller groups to network outside of the main feed. The new features are visible after updating Nextdoor to the new version.

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Important Factors to know

(1) Infrastructure

Nextdoor uses Amazon Web Services (AWS) to support its platform. AWS gives a strong positive experience in configuring machines and spinning up new capacity. They use Amazon EC2 to distribute the site traffic across the EC2 instances.

AWS Cloud Formation templates are used for the flexibility and elasticity in deploying servers. The app uses Amazon VPC for creating secure private network which includes user-facing services development environment and several IT functions.

(2) Investment

In 2019, Nextdoor announced it has secured a funding of $170 million round. The $123 million rose from new investor Riverwood Capital along with Benchmark, Tiger Global and Kleiner Perkins helped them achieve this. The other funds were from Bond.

Now the value of Nextdoor is more than $2.1 billion which generates revenue from sponsored ads, posts and real estate.

As the company continues to expand globally and enhance local businesses, there will be new investors and will gradually cements Nextdoor as the essential local platform for neighbors around the world.

(3) Revenue

Nextdoor received funds from Venture Capital investors until 2016. After following the advertising products, Nextdoor started generating revenue.

(a) Advertisement Sponsorships

The app displays sponsored content from different businesses that have valuable products and services to share with Nextdoor.

(b) Neighborhood Sponsorships

Nextdoor enables purchasing a Neighborhood sponsorship for local home services and real estate agents who wish to promote their listing and advertise their expertise in their zip codes.

(c) Local deals

Neighborhood businesses can purchase local deals which allow advertising offers to the Nextdoor community in their area.

(d) Discussions and Recommendations

As recommendations are the most popular topic, Nextdoor has introduced a new recommendations product that already has over 17 million recommendation popup across the country.

This app is also a digital space for informal discussion like what is happening nearby and even shares local news to the community. In future, Nextdoor may be the app for social marketing beyond Facebook, instagram and twitter.

(4) Key Performance Indicators

KPI for Nextdoor app is categorized into four.

(a) Recommendations

As the number of recommendations increases, you will have more social proof.

(b) Neighborhoods

This is your contact in terms of communities and neighborhoods. As the number of contact increases, the networks to your business also increase.

(c) Neighbors

Neighbors are the Nextdoor users who can see the page. The higher the number of Neighbors, the more you can connect.

(d) Comments

These are made by people who actively engage with your neighborhood community by leaving comments, providing feedbacks, addressing concerns, etc.

With these 4 KPIs, you will be able to track and optimize your presence on Nextdoor app.

Read Also: How to Hire an App Developer ? 

What makes Nextdoor Successful?

(1) Know the community and get involved

The importance of knowing your community is that you can be an educated resource to your prospect. Also joining local clubs and groups lets you know more about the community interest and also associate your business with the neighborhood.

(2) Provide relevant information and services to the community

The benefit of Nextdoor is that it is hyper local – so make sure that the content shared is relevant and applicable to the local community.

(3) Quick response

Prompt responses and follow up builds client trust as well as reputation. Try to reach out the client within 2 hrs. Also give a follow up call Enquire if they still need help.

(4) Be honest and transparent

The members in the community depend on Nextdoor to know important news and want the application to give value to their queries. Always be transparent with the update you provide.

(5) Be persistent and up-to-date

To build your reputation, be persistent. Add new members or neighbors by sending them free invitation letters and participate in conversations on regular basis.

App Workflow

nextdoor app workflow

Challenges

  • Strong system performance as lots of members is engaging on the community activities.
  • Solid and fast platform to share messages during the crisis.
  • Nextdoor needed its developers to focus their time enhancing the site’s online communication other than supporting the underlying technologies.
  • Another major focus was the security as they required isolation between the applications.
  • Analysis of data usage must be improvised as Nextdoor aimed to personalize the service they provided.
  • As cities involved in the promotion of Nextdoor by highlighting it on community newsletters and linking it on city website, some residents believed that Nextdoor is a city- endorsed and managed platform.
  • Because the police department used Nextdoor as part of their neighborhood policing strategy and to remain connected with communities, people started reporting issues directly to the Nextdoor which resulted in posting issues minor issues like noisy dogs, couches left out, etc directly to the city account.

Steps to Create an App like Nextdoor

The steps to create to create a community app like Nextdoor for Neighbors are as follow

We have a detailed guide that will help you in creating an exceptional mobile app like nextdoor.

How Much Does it Cost to Create an App Like Nextdoor ?

The most appropriate amount of cost to create an app like nextdoor are as follows:

Website : $11K to $16K

Mobile App : $16K to $22K

App Marketing

(1) Finding exact Audience

Nextdoor is a social network platform that gives membership by address so that you can make sure that the targeted people live close to each other and they will be having same thoughts and interests.

Hence it eases the category of news and recommendations posted on the newsfeed. This is considered to be a technical way of marketing the app among the exact audience organically without any guesswork.

(2) Word-of- Mouth

The best app marketing strategy is word-of-mouth. Before the introduction of internet, people used to buy things through the neighbor’s recommendation or experience because even if we use a catalog, information from the trusted source is much worthier.

The social networks migrate that process online allowing the neighbors to provide and respond to suggestions between the members of the same community thus by encouraging the users to share any product or service through the app.

Hence the recommended way is much more efficient when they are share within a small and tuned-in group.

(3) Campaigns

Nextdoor provides campaign and press club meetings with its facts and features explained by the Board members which automatically let the users know more about the application and influence them to use the app.

(4) Surveys

Nextdoor conducts various surveys with different topics which attracts people to the app and is considered as the best marketing strategy.

(5) Features

Certain features like alerts during disaster, crime and theft alerts, etc. influences more people to the app and new partnerships with other companies helps them market the app within neighborhood or society.

(6) Partnerships

For Promotion, Nextdoor collaborated with the entertainment channel, Sony Pictures Home Entertainment to celebrate the special day, Kindness Day. On this day the members are allowed to share the story of their neighbor’s kindness they have seen or experienced.

Nextdoor along with Mayor Bloomberg announced their partnership with New York City which helps neighbors to be in touch about important city and safety updates through the websites and mobile application.

Members of New York City can make use of Nextdoor to share information about safety issues, events, businesses, pets, etc.

Read Also: How to Market an App in Social Media ?

Conclusion

Nextdoor app is a social networking platform for communities, neighborhood and businesses. Nextdoor narrows or simplifies your network to small group for any recommendations or suggestions rather than connect you to any users across the world.

It is a network that compiles more than 180,000 neighborhoods across the globe. Here, the users can do everything from gossiping about neighbors to commenting on local businesses.

Social Media App cost

To end up with, building a brand among neighbors is not an easy task unless there are transparent and symbiotic relationships between the users or members.

Before you initiate the process to create a community app like Nextdoor, you must ponder over the cost, timeframe and methods involved down the road.

To achieve greatest success like Nextdoor, you should also invest a good part of the overall cost in pre-launch and post-launch marketing efforts. For everything to work out well, you need an excellent mobile app development company with exceptional talent and innovative resources.

We, Redbytes can help you in this situation. Please Contact us at +91 8113 869 000 or mail us at: info@redbytes.in

How to Build a Fintech App Like BankOpen

What is BankOpen?

BankOpen is a popular digital banking platform that is entirely online. It doesn’t have any branches, nor is it present in any specific physical location. This process is called neobanking. Neobanking facilitates online payment, receipt, lending and borrowing of money along with several other functions.

bankopen

BankOpen allows businessmen to manage invoicing, payroll and automate bookkeeping, send and receive payments and control cash flows all on one platform. BankOpen is the first neobanking platform in Asia and it has become very successful.

To build a fintech app like BankOpen is a complicated process and requires a team of professionals but with the increased popularity and convenience of neo banking, it can lead to great success.

What is Fintech?

Fintech or Financial Technology describes any technology that is used in financial services. It uses the digital platform to provide financial services like online payment, managing investments, raising money for a business startup, etc. Fintech also includes the development and use of cryptocurrency.

fintech

When first introduced, fintech was used in the backend of banks and trading institutions. But as the technology developed and started becoming a major part of daily life, fintech became more consumer-oriented.

Fintech has changed the landscape of financial services. It is everywhere from transferring money to trading stocks to even making payments for groceries and is posing a threat to traditional banks and financial institutions.

Read Also: 13 Best Finance Apps 2020

Need for Fintech Apps

need for apps - build a fintech app like BankOpen

Anything and everything is done on a mobile phone now, be it calling, texting, shopping or even sending money. Everything is available at your fingertips now, making tasks that were hectic and time-consuming, easier.

People find that Banking and payment apps are much more convenient as it avoids the long processes that are an integral part of traditional banking. Therefore, fintech apps have huge potential nowadays.

Steps to Create an App like BankOpen

steps to create an app - build a fintech app like BankOpen

1) Identify a niche market

The first and most important step in developing a fintech app is to identify the audience for the app. The creator of the app has to decide if the app is for individuals, institutions or businesses. Through market research, the needs of the target audience can be identified and the scope of the app can be properly planned.

2) Build an MVP model

Start with an MVP (Minimum Viable Product) model. Build a prototype of the app and release it for a small sector of the target market. The prototype should only contain a limited set of the app’s features and show the basic structure of the app.

The main aim of releasing a prototype is to get feedback on it. Users will give feedback on the errors of the app and also ways to improve it. Depending on the feedback, changes can be made to the app so that it becomes very user-friendly to fully release to the public.

3) Get cloud services

A start-up may not be able to invest in IT infrastructure in the beginning. Instead they can get cloud services to provide storage, infrastructure, operating system, etc. to begin their development process.

PaaS (Platform as a Service) or MBaaS (Mobile backend as a service) platforms provide cloud services. Software Development Kits (SDK) and Application Programming Interface (API) can be used for app development.

4) Hire a professional team for app development

An experienced and professional team has to be hired for the development of a good quality app. An ideal team consists of a visionary, requirement analyst, project manager, designers, mobile app developer, iOS developers, android developers, QA (Quality Assurance) specialists and sales and marketing specialists.

5) Be compliant with the local regulations

Banks and other financial institutions have many regulations binding them. Many laws are established to try and protect this sector from fraudulent activities. Therefore, it is difficult to break into the financial service industry. Fintech apps developed should be able to verify government provided IDs.

react native app developer

6) Set-up IDEs

For the development of apps, certain development tools are required which are provided by IDEs (Integrated Development Environment). The best IDEs for android app development are Android Studio, IntelliJ IDEA and NetBeans IDE. The best IDEs for iOS app development include Xcode, Appcode and Atom.

7) Develop the app

Once the development tools and teams are ready, the next step is to develop the application. The developers have to make sure that while the fintech app has all the features that they have already planned, it is also visually pleasing.

The user interface must be simple and easy to navigate. Aesthetics play an important role in the popularity of an app. An app with the right theme and colour palette will give an enjoyable experience to the user. Also, make the app icon unique so that it will be easier to market it later on.

8) Test the app

Once the app is developed, it has to be tested on several devices before it is released. Since it is a fintech app, users have to be sure about the security of their data on the app.  Therefore, before releasing the app, measures have to be taken to ensure the safety of information on the app.

The best places for release of apps are Google Play Store, AppStore and Microsoft Store. Once they are released, the users can give feedback on the app and accordingly, the weak and strong aspects of the app can be identified and necessary improvements are made.

Essential Features of Fintech

bankopen features - build a fintech app like BankOpen

1) Simplicity

The most essential feature that makes any fintech app successful is its simplicity. Apps should be easy to use and reliable. The simplicity of these apps enables users to manage their finances and save their earnings.

Good fintech apps provide users with advanced services that allow them to keep track of their finances, thus feeling empowered. These apps aim to become simple analytical tools that collect and organise financial data, display transactions and allows users to create financial programmes.

Payments, borrowing money and management of finances are much easier through fintech apps rather than conventional banking procedures. This makes it very attractive to consumers.

2) Personalisation

Fintech apps are consumer-oriented. App developers must strive to understand their clients and make each client’s app experience unique.

With the help of artificial intelligence, a user can be provided with personalised services that are not usually available in banking and other financial institutions.

When the financial services provided is personalised, users will be more satisfied with the app, thus creating a greater reputation for it.

3) Security

Fintech apps must ensure users about the security of their personal data. Since the focus of fintech apps is money, users have to be assured about the security of their data.

Apps must also always be vigilant about any cyber security threats. Some good ways to ensure security are two-factor authentication and lockdown of the account after multiple failed login attempts.

4) Integration

One of the essential features that an app must be successful  is its ability to integrate with other apps like those for bill payment and financial resource management. An individual or a company requires several services.

Unless the app is built to provide all those services, it must be able to integrate with other apps. Developers will have a hard time to develop and maintain a coding that enables integration of the app with others.

Read Also: 15 Best Stock Trading Apps 2021

How do Fintech App make money?

apps make money

People do business to make profits. In the same way, apps are also developed with the aim of generating profits. Giving free service all the time will be a huge loss for the app developer and so services have to be monetized. The most common methods through which fintech apps make money are:

1) Subscription

First time users of the app are given a free trial period that can last from a week to 30 days. If the users like the app, they will pay a subscription fee for further use of the app.

Users can also be given premium service where basic features of the app are given to the users for free but certain advanced features like trading advice can be offered as a premium service for which the users makes a small payment.

2) Advertising

Fintech apps advertise third party companies on their platforms for money. When users click on these advertisements, the app gets money from those third parties. Different users will get different ads based on their personal preferences.

3) Peer to Peer Lending

Fintech apps can be a platform for individuals to lend money to each other. They can earn interest on the money they lend and in turn, the fintech platform will charge a small fee as brokerage.

Trends and Statistics

  • Recent research reports show that almost 88% of well-established financial institutions fear that they will lose their revenue to fintech companies in areas such as money payment and lending.
  • About 46% of today’s consumers exclusively use digital platforms for their financial needs
  • In 2018, fintech firms acquired more than $111.8 billion in investments
  • More than 82% of traditional financial institutions are planning to increase their collaborations with fintech companies.
  • By the year 2022, mobile payments are estimated to grow by 121%. This composes 88% of all banking transactions.

How Much Does It Cost to build Fintech App like BankOpen

Fintech apps can be developed within 40–50 days at the cost of $10,000 or more. But development of the app is not a one-time process. According to the frequency with which the government changes its regulations, the coding of the app has to be revised.

iOS apps are much easier to build and cost less than android apps. iOS users are also more likely to pay for their apps. But there are more Android users than Apple, especially in Asia. The cost per download for Android is lesser than iOS and Android apps need not be updated as frequently as iOS reducing its maintenance cost.

The cost to build a fintech app like BankOpen is $4800 in India when compared to $48,000 in the US. Most developers, therefore, outsource their development projects to India as they will get more talent and expertise at a lesser cost.

Similar Apps

Fintech is a very competitive field now and more and more players are entering the field. Some fintech apps similar to BankOpen are:

  • YONO by SBI – YONO is a digital banking platform offered State Bank of India. It offers various financial payments like bill payment and is available both on Android and iOS.
  • Robinhood – Robinhood is a US based stock trading app. It allows users to invest in public companies and shares listed in the US stock exchange. The app does not charge commission on investments of the users.
  • Chime – Chime is a US based banking app. It doesn’t charge any transaction fees. It allows users to manage their savings and expenses.
  • Mint – Mint is a successful budgeting app that allows users to keep track of their income and expenditure. The app also reminds users to pay their bills and offer them advice based on their spending patterns.
  • Google Pay – Google Pay is a digital wallet that is linked with the users’ bank accounts. This app can be used to make payments, purchases and even book tickets

Read Also: 15 Best Money Transfer Apps 2021

Conclusion

Financial Technology is taking over the financial service industry. Now is a great time to build fintech app like BankOpen with the increased number of smartphone users.

More and more people are getting to know about the convenience of such apps and according to recent studies, users of such apps are expected to grow by 120%.

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Entering at an early stage into the market will give you a competitive edge over new players. To build a fintech app like BankOpen is a profitable but complicated process.

Redbytes has a team of professional and experienced developers who can provide the best services in the industry. With previous experience in such projects, they will be able to help build successful fintech app like BankOpen.

How to Build a Photo Editor App Like Retrica

Photo editing apps are now a part of every smartphone. From clicking the perfect selfie to adding a glow to your sunset photograph, these apps meet all your editing requirements and that too with less effort. Earlier people used to rely on Photoshop and spend hours to edit a picture in the right light, colour and exposure.

retrica-logo

But, thanks to photo apps like Retrica, you can now get more use out of your smartphones and that too in an instant. These apps don’t stop with just photo editing they are also excellent tools to add a boomerang, a slow-motion or a rewind effect to your home or vacation videos.

Why You Need to Build an app like Retrica

The need for creating a photo editing app is that, nowadays, photography has become a mainstream and everybody is taking and posting the pictures on social media. People want their photos to look attractive in the social media.

So, they tend to add beautiful filters, stickers, etc. to their photos. For that, they search for photo editor apps. In fact, each photo editing app has its own unique features.

react native app developer

However, people prefer those apps that offers wide array of features. So, if you are able to build a photo editing app that offers numerous features then, that will be more beneficial.

So what goes on behind the scenes of creating these amazing apps and how easily can you build an app like Retrica? As an app developer, you need to consider the below questions:

  • What is the objective for creating this app? Is it for personal use or will you publish it on an App store?
  • If you wish to make a profit out of the app, would you make it available as a paid app or a free one?
  • How many filters and other features will you add to the app?
  • What are the unique tools or effects that you can provide through your app?
  • How easy will it be to use your app?

Once you have answered these questions you will be able to build an innovative app like Retrica, that photo editing enthusiasts would love to use.

Steps to build an app like Retrica

Now, let us learn how to make a photo editing app.

Step 1: Research the marker and analyse your competitor’s solutions.

Step 2: Hire in-house developers or partner with a reliable mobile app development company to make a photo app.

Step 3: Choose the basic features of your photo editing app.

Step 4: Consider the right tech stack to build a photo app.

Step 5: Develop an application and launch an MVP version.

Step 6: Develop a marketing strategy and consider ways to monetize your photo app.

Step 7: Add some unique and advanced features to make your filter app unique.

Step 8: Release your mobile app to the App Store and update it regularly.

Read Also: 24 Best Photo Editing Apps 2020

Features to Include in your Photo Editing App

retrica app features

You need to include the essential features in your photo editing app.  Generally, the features are divided into two parts i.e., basic and advanced.  It is mandatory to add basic features in your photo editing app to make your app user-friendly. Advanced features are responsible for making your app distinctive.

The following are some of the main features that should be included in your photo editing app

  • Upload a photo
  • Image cropping and rotation
  • Remove unnecessary objects
  • Collage creation
  • Save and share
  • Various effects and filters
  • Different frames
  • Layer management
  • Inscriptions and stickers
  • Levels editing
  • Image fixer

In fact, basic features can be also considered as MVP ones. You can release your photo editing app with these features and get some feedback from the first users. If users require more features, then mobile app developers can add more complicated and exciting features to your app.

How the apps make money

monetization

You can make your photo editing app profitable by considering the monetization strategy beforehand.

There are several ways to monetize your photo editing app and these strategies can be easily mixed and matched to find the ideal option.

1) Paid Apps

If your app has a great design and exciting features, then you can set a reasonable price and get some money from a paid version of an application. It is also necessary to integrate several unique and exciting features in your app  to persuade customers. In addition, you need to offer a free trial period for users to test your filter app.

2) In-app Purchases

You need to provide your applications for free. Then, you need to advertise upgrades to the paid version, paid feature unlocks, etc to anyone who downloads the free version. This is possible by creating a photo editing app with some MVP features and makes it free. Later, add complex functions and make users pay for them.

3) Advertisements

Video ad is the one of the latest trends in the mobile advertising industry.  Such ad solutions offer users with better experience and understanding of the app’s purpose.

How much does it cost to create an app like Retrica

Cost to build a photo editing app like Retrica depends on various factors including the complexity of the app, number of filters used, the developers and programmers involved, etc. In India, the cost to develop an app like Retrica app is around $8000 to $30000.

In the US or Western Europe, the cost will be around $42000 for 850 hours. In Europe, the cost will be $30 per hour, ie, $25,000 as a whole.

Similar Apps

The following are some of the similar apps like Retrica

  • Shots App
  • Picsart
  • Eye Candy
  • Candy Camera
  • B612
  • Ghost Lens
  • Mega Photo
  • VSCO Cam
  • Lidow
  • LINE Camera

Read Also: How much does it cost to create an app like Retrica

Conclusion

If you have an idea for a photo editing app and wish to make it a reality, then feel free to get in touch with Redbytes Mobile app development agency.

contact us

We will provide you with a team or an expert developer who will be dedicatedly working on your photo app. Some of the key benefits of partnering with a mobile app development agency are:

  • Bug-free and high-quality app delivered on time.
  • Flexible packages in affordable rates for cost-effective app development.
  • Use of latest tools and technologies for building your app.
  • 24/7 communication channels to update on the progress of the app.

If you wish to know more about how we can help you build a photo app like Retrica, then send your enquiry to info@redbytes.in or call us 91 811 386 9000, and we would be happy to help.

How to Develop an Android TV App

The concept of Android TV app has evoked unbelievable interest among millennials who expect their favorite entertainment (especially sports and news broadcast) to be available anytime anywhere on any device.

Now all the rage, almost one-third of online content is consumed in form of videos via TV apps. Apart from amusement, live streaming applications also fulfill the intent of business marketing.

At times when 80% of consumers prefer live streaming material than reading blogs, the trend is shifting from pre-produced videos to live-streaming apps.

The Rise of Android TV Apps

android tv app

Basically, in its typical definition, TV app is a live broadcast of every action occurring somewhere while capturing them on a specific device you are taking video from.

The result is a rare opportunity to watch it in real-time on personal devices such as computer or mobile. From sports and news to live gaming and social media, Android TV app is prevalent across the globe now.

Read Also: How to build an entertainment app like Hotstar

Social media channels are thickly crowded with millions of viewers who want to relish the live streaming activity in real time. Streaming content also benefits businesses retain their existing customer base, acquire new ones, establish brand loyalty and seize maximum attention of the target audience.

A few live streaming apps seen as crowned to top are:

  • Facebook live
  • YouTube live
  • Instagram live
  • Twitch
  • Periscope

Statistics and Facts about TV Apps:

statistics and facts

  • 79% of people are convinced to buy a piece of software or an app by watching a video.
  • Social media videos are generating 1200% more shares than texts and images.
  • About 41% more traffic is added to companies using videos to explain their product.
  • 63% of people age 18-34 watch live streaming videos
  • 47% of viewers are increasing every year on live streaming.
  • 79% of people feel live streaming videos are more authentic than pre-recorded videos.
  • Of all internet traffic almost 82% of traffic is expected on live streaming by 2020.
  • The expected revenue from live streaming by 2025 is $ 125 billion.

Types of TV Applications

There are different kinds of TV apps popular in app stores. If you want to develop a tv app then, first of all, understand which type you need to develop for an android app or iOS app.

hire android app developers

Select the type of streaming app according to the type of task you want to complete. Based on the type of task the application is designed and categorized. There are three types of streaming applications:

1) Audio-only streaming

In this type of application you can play only audio like songs. The user can listen to music without preliminary downloading. This is a type of app is very simple to use. Some popular streaming apps you will find today are Pandora, Spotify, Apple Music.

2) Video On- Demand Streaming (VoD)

This app allows users to watch TV series, videos, and movies without downloading it. Users are allowed to pause, resume, rewind, and even can skip unwanted parts of the video.

Users need to pay some amount to streaming services for watching video content. Some popular video streaming apps are Netflix, Amazon, Vevo, Hulu.

3) Live Broadcasting

It is one of the most popular types of live streaming media on social media. This type of application allows users to watch the video in real-time mode. It is recorded and telecasted simultaneously.

On this, professional streamers, stream how they play games, how they talk about different things and simply answers all the questions online. The popular live-streaming apps are Facebook live, Instagram live, YouTube live, Periscope, etc.

Reasons to Develop an Android TV App

reasons to develop

1) Ad-Free Way of Interaction

Ads interrupts and ruins the experience of your online video watching. Live streaming provides users an amazing ad-free experience of online streaming. It will increase loyalty for your brand and engagement of old as well as new users.

2) Increases attention from the potential customers

The perception of users is different for live broadcasting. Live streaming captures more attention from potential customers as they are more interested in real-time streaming as they are developing more interest in real-time streaming.

3) Prolific content

Customers are more interested in watching than reading the information about your product. The detailed information about your product on social media will not push customers to use it.

But live streaming apps engage more customers and gives richer content to potential customers.

4) Increases Brand-loyalty

In real-time promotion, your product will look much more captivating and brighter. Live streaming helps to increase loyalty to your brand by giving proper exposure to your product. Live streaming gives a more detailed and bountiful way to tell about your brand to new customers.

5) Real-Time Engagement

Live streaming is the best option to reach more customers and engage in more potential customers. You can communicate directly to the customers through live interaction which will give a positive effect on lead generation.

app cost calculator

6) Basic features

The basic features should be interesting for users. Create an MVP version of the app with minimum features. The basic features should be:

7) Registration

The registration process should be simple; it should be implemented with the use of the mobile number, e-mail address, or password. Also, add forgotten password function by user e-mail or mobile number.

8) Personal profile

Ask users their personal information to add while signing up on your live streaming apps. A small amount of information is sufficient like full name, profile picture, username, subscriptions, subscribers, locations, and interest.

Read Also: How much does it cost to create an app like Hotstar

9) Streaming

Scalability is most important in streaming app development. Implement the function of online streaming with a watch later and save option. Your cloud server should have larger storage for this.

10) Comments

Give the users to express their opinion and feedback about the streaming video which helps in improving the quality of broadcasts.

11) Notifications

Users should be notified by the app for their favorite and subscribed videos stream online, whenever a new video is uploaded or playing live.

Steps to develop an Android TV App

tv guide

Follow a few important steps to create a live streaming app:

1) Get license

The first step is to acquire a license and publishing rights for your content. If you want to upload ‘video-on-demand services’ to your customers, then you should have the right to stream such content.

Make a contract with a content provider to give you a right to distribute video content. Create terms of use and enable people to read and accept the terms before using or watching your content.

2) Choose your platform

This is an important step in creating live-streaming apps. Choose wisely your content delivery platform as this will ensure the smooth delivery of your content without any interruptions.

You really need to think ahead and may have to pay additionally for a content delivery network.

3) Choose a reliable host

It is also necessary to choose reliable server hosting that will ensure continuous streaming services for your customers despite the future surge in traffic.

When your services become popular, numbers of users will grow and thousands of users will subscribe to your services simultaneously. You should have strong server infrastructure to deliver quality live streaming video to your users.

4) Storage

Your content should be stored in a reliable place that enables users to watch your videos again and without any failures. Live streaming videos should contain a replay option and powerful SSD-storage with proper functionality.

5) Aesthetically stunning UI/UX

The appearance of your live streaming app means a lot because users usually judge and rate your streaming service based on the first impression they get after having a first look.

To create the best possible appearance of your streaming app, you need to hire highly skilled and experienced designers. However, with that said, it is wise not to overload your streaming service with tons of images and UI elements.

6) Testing

After developing a live streaming app, it’s important to test the app and its features in real-time. Only after testing you are ready to launch your live streaming application.

Many problems may arise while developing and marketing the app. And it’s also important to research constantly about what is going on in Live streaming apps market.

Read Also: How much does it cost to create an app like Instagram

Conclusion

Android TV app development is taking a shape of cool trend at the moment and building a successful live streaming app would be the best decision.

To ensure your live streaming app creates a huge turnout and blazes a trail while sustaining the millions of viewers, you will need to find a potent and technically sound mobile app development partner.

If you feel you can entrust us with all your project expectations, we will be willing to hear your requirements. If you seek consultation to develop an android tv app for your business, Contact

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How to Make an App Like Facebook?

Across the entire modern demographics of developed civilizations, there is one thing running common: Mobile Technology. Be it teenagers or elderly people, Mobile app is where socials now come alive and thrive.

Facebook is mainly accountable for pioneering this incredible trend of virtual gatherings in 2004, followed by Twitter and Instagram.

Social Media App cost

Its mobile app continued to keep intact the legacy for years now, leaving many of app entrepreneurs curious as to what exactly they need to imitate a success as glorious as Facebook.

If you are one of those business startups seeking expert insight into creating a social engagement world on mobile like Facebook, you have landed in the right place.

Read Also: 15 Best Facebook Apps For Android & iOS 2021

This blog is going to enlighten you on Facebook facts while walking you through the actual development process and its development cost

About Facebook

fb application

Mark Zuckerberg found Facebook partnering with Chris Hughes, Eduardo Saverin, Andrew McCollum, and Dustin Moskovitz. It was launched in the market in the year 2004.

To everybody’s surprise, it eventually became the world’s most renowned social networking and social media app.

The Facebook app is a user-friendly app that follows the basic concept of allowing users to find friends, relatives, and colleagues with the help of their location.

It targets almost every kind of users who are at the age of 13 or above 13.

The features of Facebook like, share and comment people express their thoughts and feelings with others.

Facts and Statistics on Facebook:

Today nearly 2.01billion daily active users are relying on Facebook not only for personal expression but also to publish advertisement and marketing visuals.

facebook app statistics

It would be interesting to learn some of the compelling facts and statistics around Facebook mobile app:

How to make a Social Media App?

To deliver a quality product to users, you need some basic steps to develop a social media app.

1) Strategy

After having an idea to develop a social media app, build an overall strategy. Your strategy should include market analysis, targeted audience, and competition research.

You must go through other social media apps to see their strong features and the things they lack.

2) Design the app

It is important to create an attractive design for the app; to engage users and retain them. Choose a unique app design enhanced beautifully with some unique app features.

facebook app design

Choose the right technology and user-specific features to design the app.Facebook stands out and stay on top due to its incredibly powerful, addictive and engaging UI elements.

Nothing is redundant in there, which interestingly allows users to promote their network more actively.

3) Preparing for the development

Documentation

Make a list of all the functions of a future project. It will decide your social media app goals and all its functions.

Domain Name

Before developing your app, select the name for your social networking app and domain name also. The purchase domain name and hosting from a trusted platform.

mobile app development

Hosting

If you are planning to start a large networking app with assumptions of 5 million users, use powerful servers like VPS. Powerful servers will enable you to bear high loads.

4) Development of social network

The development of the social networking app starts with the technology you used. You can use two types: ready-made CMS and frameworks.

Social Network CMS

These are a market-ready social network with typical functions and template design. You’ll only need to develop a design and customize it with your requirements.

Despite the fact that these CMS contain some struggles and pose known challenges, some of the most popular CMS for social networks are: Dolphin, Php Fox, Buddy Press, Social Engine, etc.

facebook app cms

The problems you are likely to face with them are:

  • These CMS are very slow in working because they can’t bear the high load.
  • If you want to add new features, it will levy more efforts and concerns about time and cost.
  • The customization of the project needs a lot of time.

Frameworks

These are used for the development of different web applications. Frameworks are designed to improve and increase the speed of the coding process.

facebook app frameworks

Frameworks provide high stability, scalability and high speed. There are as many as 10 famous frameworks that you can use to develop social networking app like Facebook. A few amazing app builders tools are:

  • React Native
  • PhoneGap
  • Ionic
  • Flutter
  • Xamarin
  • Corona SDK
  • Mobile Angular UI
  • JQuery Mobile

The only challenge of using a framework is that the project needs to be developed from scratch, starting from the fist block up.

Although, it is inevitable that this process needs time and resources, it always works auspiciously like a stable architecture for structurally intricate social apps.

The key purpose of any great framework is having ability to rapidly transform a non-uniform idea into a well-organized, functional and aesthetically appealing product for end users.

Read Also: 24 Best Social Media Apps 2021

5) Testing and launching of social media app

When you finish developing your social media app, it is necessary to test the app. Remove all the bugs during sign up or log in; as it will affect your app promotion. The users of your app should enjoy the experience.

facebook app gif

6) Marketing

It is very important to approach to the right audience for your app; who will feel your social media app as the part of their life. So it is important to conduct an active advertising campaign.

It is necessary to attract at least 50,000 visitors per day. You can use Google Adwords, Facebook ads, and Guest Post to create enough traffic for your app.

7) Monetizing your social media app

Most of the networking sites are kept free like Facebook. Users should have free access to most of the functions of the app. But make sure that some functions need a small fee to get access.

From your 100% users, only 1% of users will access those functions of your app; but still that 1% will give you a good income.

monetize

You can make money from Facebook’s advertising space that appears on users’ wall on homepage, at the bottom of the current page or occasionally at landing page.

The advertisers should pay every time users click on it through your app. For this, you have to manage a separate platform for the advertisement.

8) Investment

Once your app becomes famous; investors are attracted automatically towards your project. You have to take care of your app; check your app constantly that it should be bugless and it should not crash.

Nowadays social media apps are a part of everybody’s life. Every person is different and they try to find social media app according to their suitability.

Make an app that contains everything like friends, posts, profiles, a news feed, messenger, searching, push notifications, photos, videos, and offline working options.

Estimated Cost to Develop a Social Media App

The cost to develop the social media app depends on the functionality, time, design scope, the platform used, developers fee, and additional features.

Following the usual contemporary practice, the cost of the application is calculated on the basis of the hourly rate.

The app cost ranges from $20 to $200 which is again subject to the consideration that the ultimate cost would be a reflection of the number of advanced features expected of the app.

Read Also: How To Create An App Like Instagram

Final remarks: Building an app like Facebook

The incessant global gravity to using Social media apps doesn’t seem to wear off and so the demand for developing a widely celebrated app like Facebook will remain unquenched.

The Facebook not only helps people from every corner of the world connect, but it also helps marketers and emerging commercial bodies promote their business.

mobile application development cost

Hence, even from the perspective of future profitability, the time to emulate Facebook is now.

On your journey, however, it is best to connect with an adroit and seasoned mobile app development agency and solicit their consultation.

Hence, for all the good reasons involved, you may find it favorable to communicate your project scope with us. We will make sure all the depth and vision of your requirements are addressed perfectly while forming a working rapport.

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How to Monetize Your Free Apps?

Having a vision of a mobile app and then turning it into a mobile app is still a business half finished. You might have turned the idea into a mobile app, but you haven’t yet thought about adding monetization  tools to your free app.

Let’s face it and be realistic, you haven’t really invested loads of money just to impress users with unique features. You also need to make profit by figuring out what ways can help you generate constant revenue.

Monetization thus is an essential part of conception, planning and development. Your newly launched app can also support monetization if you wish and plan to do so.

Since the post-launch monetization process might get a little complicated, you need skilled players to suggest what sorts of monetization work and how to implement them.

The following guide presents top methods to help you monetize your free app the right way.

Third-Party Advertising

In the service-oriented mobile apps, it is difficult to notice users who will fall for in-app purchases or subscription services added by developers. Most users expect free service – which is why there is a need to inject ad mechanism.

Users will be persuaded that they will enjoy high-quality content in exchange of seeing relevant ads on the screen now and then. But be careful about the how frequently ads are displayed and what types.

The best approach would be adding diversified ad content units of different sizes. This is viable for industries like ecommerce, travel, photo editing, gaming and entertainment.

You can easily couple these ads with supporting analytics to gain access to customer data such as behavior, location and preferences. This is a magnetic idea for users who seek free apps. Your app makes money by flashing relevant user-friendly ad products.

E-mails and Lead Generation

This might strike as simplistic, but having a newsletter in your app to send customers back to your website is a surefire way to monetize your efforts.

This may not be as easy as it sounds, and there are certain challenges to measure and track the transition. But in the end it works efficaciously.

Apps of this kind are meant to act as an essential part of the overall brand marketing, lead generation and customer acquisition strategy and focus on collecting as many emails and footprints as you can from customer interactions.

They are standalone solution but still seem to add value to the conversion funnel.

Engaging Content Dynamics

Having great content is something many app developers forget to consider. It is admissible that developing a mobile demands a lot of efforts and dedication, but you should be as much worried about whether or not it will create momentum for your business.

You are not done yet just after releasing the app. A good app populated with engaging content and features becomes great. Tale Calm for instance.

The meditation app is booming in the mind health domain, inspiring lots of people to subscribe to its meditation services and expert content. This app is the best example of how systematically you can encourage the users to opt for your premium services at a small fee.

Profitable Partnerships

A bunch of successful CEOs and market analysts also emphasize the idea of partnering with companies whose products or customers match with yours. The partnership works by integrating their offerings into your app as a third-party service in exchange for a fixed referral fee.

The company you have partnered with can eventually benefit your customers who will enjoy a smooth, integrated experience without switching between two apps. By successfully building a profitable partnership, this can turn out to be a massive revenue generator.

Freemium Levels

While content could take a little longer to interest the audience, what would save time is having different levels and versions of your app. Many entrepreneurs and app developers prefer to launch both free version and paid/premium version.

Either free versions will have customers exploring the app content with ads or it will give them a brief taste of what it is going to be. You can think of it as giving a trial period until users are all thorough with your app’s capabilities and potential.

By doing this, your customers will initially test-drive and integrate apps in their lives, eventually realizing they can’t resist using it. Thus, you can encourage them to upgrade to premium version to add more value.

Paid Downloads

Most iOS apps run on this monetization mechanism. Each time users download an app, they will pay an upfront fee as a monthly/yearly subscription or one-time charge.

Here, what you charge becomes the key to how much you can monetize and gain revenue. However, paid downloads should better be regulated by a poised, thoughtfully selected price structure.

Attach a price tag based on what your app promises to deliver and you are all set to earn from your app. Here the biggest pro is that there is no wait time, if your app is good you start generating profits the moment they download the app.

Expect more loyalty since they will interact with an app with clutter-free, ad-free UI.

Multiple Pricing and Subscription Options

Even your monetization methods don’t need to be workaday and boring. Treat your customers with multiple subscription and in-app purchases options, each including different benefits altogether.

Include at least one of many that is highly viable and more appealing to users. The combo subscription offer here seems to work, the one that seemingly adds value to customers.

You may divide them based on web and mobile experience with mobile app version bringing obviously more merits in terms of discount and savings. You can customize your own pricing strategy for this monetization to work.

Blend of Multiple Approaches

In-app purchases and advertising may appear to be the best options of monetizing your free app. However, a holistic approach would be more effective and attractive for today’s evolved app users.

If you want to appeal to the enormous audience out there, make sure you build several solutions that entice diverse set of users to make purchase.

Read also : Most Downloaded Apps in 2018

Some appreciate subscriptions packages while others are smitten by fancy in-app purchases. Therefore, instead of focusing on merely in-app purchases options or advertising won’t do much good.

Create a perfect blend of multiple monetization approaches to match the taste of various users including a few ad units, purchasable merchandizes or upgrades, priced features and more. This will set in place something-for-everyone attitude.

Data-Driven user Engagement

Mobile app owners and marketers are often so occupied with user acquisition they neglect how important it is to retain and reengage existing user base.

The best way to keep up with monetization drive which comes from that small percentage of loyal users. For instance, only a small percentage of total mobile gamers are generous, enthusiastic spenders who love to buy expensive features for more thrilling experience.

These users give you a major portion of total app’s revenue. Make sure you monitor the minute behavior of the loyal users and use the data to engage and retain them better. Leverage right messages for such data-driven monetization.

License Your App Code

Have you thought about patenting the app code after observing some success after the launch? It is great to think about licensing your code after building an awesome free model of your app and seeing satisfying traction.

Create a licensed code ownership system for other developers who will pay some fixed charge if they want to imitate the app design.

Read also : How To Create an App and Make Money

This will not disrupt the experience of your existing users because they won’t see any obtrusive ads or clutter features. You can think of Uber for this example.

Make your app powerful and usable enough to attract massive number of users and entice other developers who wish to save heap of time and efforts in writing code.

Conclusion

Building an app seems like a relatively easier job compared to what comes after that. The number of mobile apps in online stores is high and competition is intense.

You must stand out if you want to earn from your newly launched app. Your potential users naturally gravitate to free app services.

However, with mobile app market opening countless opportunities, you will find many diverse ways to engage users and monetize your app content. Depicted above are a few effective ways to introduce monetization in your free apps.

How to Market an App on Social Media?

Right before your mobile app is launched, you must ponder over how you are going to generate public interest and drive frenzy among prospect users for downloading it.

It is time to try effective ways to attract more users and create a huge drive around your app. However, with more than 5 million mobile apps vying for users’ attention, making your app visible is rather daunting.

Choices are more, options are endless, and hence marketing your app is definitely not that simple and straight. Also, what adds more dismay is knowing that 25% of apps downloaded by users are abandoned after installation.

The thought of social media marketing therefore sounds convincing especially when 50% of folks are likely to discover mobile apps via family, friends and colleagues. The platform afforded by virtual socials is immensely influential and drives great buzz for your digital creation.

On that note, check out these powerful tactics to successfully market your app on social media:

1) The Clever investment in Paid Ads

Paid advertisements on social media help reach more audience and attain strong presence. Sponsored ads especially boosts your marketing momentum and drives more downloads especially when it is difficult to fetch the audience through organic reach across different platforms.

 

 

Nowadays social platforms have evolved to display advertisement with app install options. In fact, social media ads are accountable for almost 49% of app downloads. Hence, more visible your app is in your social paid ads, more is the chance you have to convert target users.

For paid ads on social media to be effective, you also need to choose the platform most preferred by your prospect app users. To optimize the marketing budget while also boosting downloads, minute targeting and riveting content are basic essentials.

Read Also : 24 Best Social Media Apps 2021

2) Influencer Marketing for Faster Results

The real effect of influencer marketing is drawn from the fact that social influencers have already mastered the art of persuading their fans and followers and can give you the ready base of receptive audience. Influencers and micro-influencers own deep knowledge about what excites and appeals to their audience/followers.

Hence, as you pair with active influencers on social media, your app is likely to appear conspicuously to the audience already engaged and connected.

Instagram and Twitter have emerged as the most effective channels where recommendations of influencers work miraculously on purchase decisions. In fact, 40% of users active on Twitter have made purchase decisions influenced greatly by influencer’s recommendations.

On the other hand, Bloglovin Global Influencer Survey of 2016 states that 59% of influencers recommend Instagram as the most effective engagement channel. However, it is momentous to discuss app promotion tactics with influencers for exact results.

3) Expect from Reviews and Ratings

The reviews and ratings of a product share direct correlation with brand reputation and user acquisition. Keep a close watch on the best of user reviews that you can be smart enough to share on social platforms to spur the downloading spirit.

People appreciate reviews and 60% of them actually base their critical decisions about downloading the app on its online ratings and reviews. The public words about your app not only help others understand the app’s motive and importance, but it also generates value as a social proof.

Since 40% of mobile app users discover app from the app store, it makes sense to feature outstanding positive views to get users to notice the app. It is therefore crucial to make sure you post your praise received from a third-party beta tester on social media to amplify the app’s visibility.

Apart from Facebook, Instagram and Twitter, YouTube also provides a robust video marketing platform where you can find opportunity to host your app on channels like Daily App Show and receive strong response and ratings.

4) Encourage User-Generated Content 

If you are determined to work on delivering value, why not show it by encouraging User-generated content, aka UGC. The idea of value creation among users focuses on illustrating importance and efficacy of your app by means of user experiments with your app. The best way to connect with the future audience is showing them how your app does own potential to improve lives.

UGC works best where ads fail. Nielsen’s market research confirms that 90% of customers consider peer recommendations while 33% listen to ads. Encourage users who have already benefitted from your app to submit the photos and videos demonstrating how the app is practically useful.

You can run a contest, post interactive UGC and feature video tutorials to maximize engagement and create opportunities to acquire new users from existing ones.

5) Realizing the unique potential of various Social Media Platforms

In 2019, with great many innovations and breakthrough capabilities, social media platforms have become far more evolves and advanced than we ever imagined in the embryonic phase of the technology.

Each social platform at present offers unmatched potential and business advantages for luring and interesting more users towards your app.

Facebook For building active Community

Facebook’s rich content-driven platform comes handy for creating dedicated pages that offer a promising scope of building a broad active community.

Also, you can collaborate with many interesting Facebook groups where your app can reach and connect with the target audience. As you feed value and proactively respond to group members on Facebook, you can easily convince them to download.

Make sure you remain active and:

  • Post HQ images, videos and Gif of apps
  • Bring engaging contests and blogs
  • Share giveaways or freebies for trials and installs
  • Feature promotional offers, discounts or vouchers
  • Introduce gifts for referrals

Your active cooperation and comments on Facebook shows your helping spirit and earns appreciation from users, priming them for app downloads.

Instagram for app Elaboration

Instagram aesthetically eradicates what usually scourges today’s brand marketers – the challenges of engagement and app promotion.

Perfect for well-crafted visuals, Instagram lets you present your app features in an elaborate, creative fashion. Here you can post Sneak peeks in form of enthralling visuals like:

  • HQ photos and Gifs
  • How-to videos
  • App screenshots
  • Website or Influencer content
  • Entertaining creatives
  • Contests and gifts

Instagram users feel deeply excited and intrigued by what is not available but is soon to be in near future. Thus, you can unobtrusively foster much hype around your app on the platform.

The use of proper, popular Hashtags in posts done twice or thrice a day makes your Instagram app marketing meaningful.

The key to seizing great number of Instagram followers is making the most out of visual platform with right mix of content and good aesthetics.

Twitter appeals to marketing and customer service

Twitter has risen as the most dynamic and magnetic marketing platform that latches on tweet, retweet, hashtags, videos, impressions and GIFs. Best for interactions, Twitter helps you spread the word faster and engage with more target users.

You can share pictures, blog contents, videos, news and more. It also allows you to run public polls for active feedback session or contests. You can also ask for user’s personal experiences or privately send message via inbox for propagating brand value.

The platform Twitter provides is quite credible and potent for sincere market executives and can be used for customer service. Positive customer service means positive word of mouth which enhances your app’s status.

Leverage the influence of images

Pictures as they say talk louder than words whether it is for blogs, App screenshots or social media posts. Pictures help express what a description text can’t.

Make the post vivid and more influential by using attractive picture of your app. If there are a few users already using it, you can post screenshots of them using it with a supportive CTA like Download the App.

It is also great to create a post with a message showing the countdown of your app as the release date approaches. Pick a different feature or benefit every time you post. This will keep users clung to your app and let them remember it until it is finally released in the app store.

Read Also : 24 Best Video Chat Apps 2021

Your Final Takeaway

Modern digital media marketing savors the idea of crafting most memorable, interesting and relatable content on app features and benefits. Your social media marketing strategy must revolve around acquiring more users and creating authentic value.

Combine your robust marketing strategy with user psychology as you attempt to know what community would love about your app and encourage them to download naturally. Don’t forget to post regularly on social media to maintain strong presence and reach maximum people.

How To Create an App For Your Small Business

Mobile apps have not only changed the communication, but it has also subtly disrupted the economy and society in general. In last decade, Mobile app development technology has evolved so exponentially that it is almost impossible for us to survive a day without the use of digital devices. With every smallest requirement being fulfilled by mobile apps, businesses of all scales have an ocean of opportunities to take advantage of these digital solutions used by millions of customers.

Due to its burgeoning use and ubiquitous accessibility, Mobile apps have become the powerful resort for small businesses who wish to enhance customer engagement and acquire new customers. Mobile offers a compact digital platform where small businesses and startups can discover utmost potential to launch their products, display promotional offers and advertise their services.

Considering its endless benefits, here is how a small business can reach more customers and grow revenue gradually.

1) Define and Discover the Competitive idea

It all begins with a lean idea. Mobile app is all about carving your own niche and finding the comfort in the idea you wish to expand. It is therefore important, before you ever start building your app, to discover the bright idea that you want to work out.

The market is already over populated with innumerable successful mobile apps, each having its unique potential to stand out among the crowd. In order to hit the market in its early stage, it is vital for a small business to research through the heap of established mobile app businesses to scavenge the most auspicious one and start testing.

2) Where Does You Audience Fit?

Your customers are going to make a brand out of your small business company. Hence, be religious about finding the target audience, the people who are most likely to fit in your mobile app idea. As users are going to interact with your business through the app, try to know what customers are likely to use your app.

Mobile apps generate unparalleled traffic which is of different grade from the normal web community due to its ability to offer distinctive user experience and immersive features that result in higher engagement. Track down this audience anticipated to devote their interest to your mobile app content.

3) Create an Appeal From the Design

When you are building an app to reach your target market, you must know what message it conveys, what you intend to sell and whether the product contains required appeal for users. The best way to influence the customers is to create the best appeal, and for this create the best design including the right  colors, logo, font and navigation.

Read also : How To Create a Hybrid App With Android Studio?

Then comes the content which makes your small business mobile app quite interactive, lively, and above all, real. Be creative about introducing an expressive appeal to your mobile app. For this, the content within your app plays a significant role. To enrich the concept of content, you can integrate it with video contents like YouTube channels or popular trending blogs.

4) Prepare For an MVP

Mobile app development is filled with great challenges from design to launch. To minimize the risks, it is better to first build a Minimum Viable Product, a kind of solution that many companies prefer with limited set of features. MVP is the initial compact version of the mature app purposed around measuring the performance and success prospects of your actual business idea.

Evan Spiegel, the co-owner of Snapchat, first launched the app to allow students to share images and messages that can be automatically deleted in a few seconds. The idea then went on to scale up and became an irresistible brand today for many existing apps.

This goes to say that MVP helps you analyze the potential and worth of your business goal and plants a scalable vision to your future endeavors. Later, you may think of adding more polish and features to interest more users. Bear in mind that you MVP comes out clean, easy-to-navigate and uncluttered so that it can be easily judged and evaluated by users.

5) Find a Developer

To develop an MVP of your conceived design, you need to move from ideation to reality. For that you need a technology partner, a team of specialized mobile app developers who can dedicate their talent and experience. You will stumble across a handful of versatile online marketplaces where businesses seek and meet freelance developers who can help with  your project.

However, such purely virtual model of collaboration does not feel tangible and often turn out to be lethargic, inflexible and uncommunicative. To prevent your projects from suffering unexpected delays, you need to source an established, agile and highly seasoned mobile app development company that owns relevant exposure in mobile app projects.

6) Outsourcing or in-House Development?

Though it is a matter of taste, trust and suitability, the outsourcing model of mobile app development involves a lot of ease and flexibility. Companies that prefer their own in-house team may not be specialized or versed in various technologies used to build a flawless mobile app. They can’t always keep with latest trends and practices.

Therefore, it is advisable to outsource your mobile app projects to a dedicated professional mobile app development firm who is resourceful enough to deal with technical matters involved in the project. Additionally, hiring a team of agile mobile developers is economical and consumes lean time span and always remain accessible.

7) Communication & Testing

Having quick and clean communication is the key to bringing the desired output in minimum time. Using most advanced tools for collaboration can help eliminate any rapport-blocking barriers. To maintain the integrity and consistency, weekly meeting and conducting verbal Q & A sessions can help in  monitoring the ongoing progress.

Read also : 24 Best Business Apps of 2021

When the developers have completed the job, its then time to test the product thoroughly for bugs/other issues using creative use cases. To make sure the app fulfills your expectations, launch it in App Stores only when you are completely satisfied with its performance and functionality.

8) Market and Fund Your App

Now comes the step of marketing the app and generate fund for the job. Small businesses can look to crowdfunding sources as a solution to garner enough funds. You can look up online to find several options for crowd-funding platforms for you.

Having a good support from financial resources helps small businesses resolve budget issues and save a lot for marketing partners. You may invest some of your resources in driving customer acquisition and loyalty through push messages, rewards, influencer marketing, ASO, paid ads, or any other means.

9) Monetize It

When the  app becomes popular enough and receives great response, you can embark on monetizing your small business app. In-app monetization, is the best option to create a consistent revenue stream. To make your app a success you need to try in new features that even include paid ones.

Instead of charging users for downloads, you can also divide your apps in both paid and free versions, which is the approach preferred by many iOS app developers. Alternatively, offer in-app purchases (credits, points, vouchers) that enable users to enjoy more features at a small price. In-app advertisements and promotions also can benefit your business.

Conclusion

To launch the small business via a mobile app requires a lot of research efforts and knowledge about features, impactful design, mobile app marketing, optimization and its perfect launch. To make your dream come alive, you need to hire qualified talents and an experienced mobile app development partner.

Redbytes have a wide set of skills and are equipped to follow above steps of development with fair industry compliance. You may send your query to us if you are looking to build a small business app.

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How To Develop a Hospital Management App?

The technologies have truly shown their transformative power to revolutionize myriad industries and businesses across the word, empowering each process with speed, convenience and efficiency. By building custom solutions, mobile app developers have delivered high-quality apps for businesses in many niches.

Hospitals are no exception in this when it comes to experiencing the power of mobile technology. Hospital management apps can smartly manipulate complex data that stem from patient-doctor interaction and create an environment that fosters productive workflow and simplify real-time management of ongoing activities.

hospital management app cost

Medical apps, if crafted perfectly, can be an innovative solution to monitor health status, nutrition level, schedule a clinical appointment and access as well as share everything related healthcare system. This benefits both patients and doctors save time, improve service delivery and execute administrative activities properly.

Read Also: 24 Best Health And Fitness Apps 2021

Here are a few essential steps to develop a successful hospital management app.

Determining The Business Model of Hospital Management App

 

 

Usually, medical mobile apps are divided into several categories depending on the hospital’s requirements and solution approach.

A hospital can have multiple apps based on their existing future business model such as:

  • Clinical diagnosis and symptoms analysis
  • Appointments Scheduling
  • Medical resources and journals
  • On-demand care/telehealth
  • Informative: Lifestyle & fitness

Features Necessary in a Hospital app:

  • Hospital Dashboard
  • Patient portal
  • Appointments management (booking, scheduling and cancellation)
  • Analytics and reporting
  • Electronic health/medical records
  • Medication reminders and alerts on events/news
  • Finding physicians and contacting a practitioner
  • Chat and video conversation
  • Wearable app support
  • Prescriptions refilling
  • Information about ER and clinic wait times
  • Geo-fencing for push messages and maps near hospital premises
  • Directional guide for user’s location
  • Facility locator viewing
  • Lab results/reports uploading and downloading (X-ray, ultrasound scans, MRI)
  • Electronic transactions and payments
  • Monitoring of healthcare aspects (weight, height, sugar and cholesterol level, etc)
  • Emergency aid and on-demand assistance
  • Viewing profiles, achievements and publications by physicians
  • One-tap access to call or email services/specialists

Consideration of Several Categories

The primary stage of hospital management app development is to choose the category of the app you want to build along with project estimate and time it will take for the development process.

For instance, if your app is to focus on cardiovascular health management, many parameters will define its structure, including intuitive and seamless UX/UI, automation of process, inputs management, user guidelines and security compliance and more. Such critical app involves lots of challenges and brainstorming both from developers and hospital staff.

In addition, the features of the app must be handy and efficient and should be kept scalable for up-to-date assistance and day-to-day activities. Likewise, lifestyle apps can also be built albeit with simple workflow and in limited timeframe.

Design

In order to make Healthcare apps user-friendly, it must be built to offer an intuitive UI with seamless control and usability that results in rich user experience. Designing a healthcare app comes with its own challenges of processing sensitive data and giving users quality services typical of modern medical apps. For this, a lot of research and planning is required.

Design strategy for hospital management app should entail:

  • Customer-centric features and uninterrupted performance
  • Simplicity, security and usability
  • Scalable ideas to address changing workflows
  • Minimum delay in information delivery and maximum interactions
  • Inclusive of user needs and choices

Development Process Scenario

Your hospital management app might be for desktop use or for mobile. It is possible that you already have a desktop version and would like to build the replica for mobile app. The technology stack required to sculpt an excellent mobile app with high performance depends on your platform of choice. The ultimate cost and duration are determined by these choices.

You also need to decide if you would like developers to build native or hybrid app for medical use. Or alternatively, opt for PWA (progressive web app) which trending due to its technical performance and ability to consume lesser space on the device. The decision is most likely to influence the project estimate.

For hospitals, to make the development task easier, finding a hospital management app development partner with trusted work record and experience is the best solution. The company you choose for developing a dedicated hospital app must have proven technical skills in the niche, prior relevant projects, knowledge about hospital system and policies and credibility to get started. Hire the outsourcing partner with these qualities and polished insight in the domain.

Wearable Technology integration

To enhance the reach of medical aid, healthcare institutes can also invest in IoT-powered apps that offer support on Wearable devices such as Android Watch, Apple Watch, fitness band, etc.

Equipped with smart tools, you can develop features that give access to health parameters such as heart rate monitoring, daily calorie checker, fitness trackers, pacemakers, sleep monitoring, etc.

There are many EHRs that prefer integrated Wearable technology that rely on sensory movements to monitor general as well as chronic conditions of patients.

Wearable apps can be built to cleverly exchange medical information of value with mobile apps that can process and display data records and reports in a comprehensive format.

Mobile apps with Wearable technology integration can enable interoperable platform and precise data monitoring for better care, health operations and patient engagement.

Data Encryption Practices

Data security is a top concern while working on a dedicated hospital management and medical health app. One must maintain its privacy policies and personal data security compliance as a primary priority when shaping the architecture of the medical app.

The best solution is using data encryption technology at all stages to protect and store and sensitive information. Encryption of data works by hiding the data and translating it into another cryptic code (ciphertext) which can be accessed by the person with decryption key or password to read its unencrypted form (plaintext).

Data encryption based on modern algorithm is the most effective solution to ensure digital data security and confidentiality across many IT organizations as the data flows from one computer system to another using internet network. The developers you have hired to work on your project should comply with latest norms and standards to ensure strong data security for patients and healthcare provider.

Examples of Hospital Management apps:

For your inspirational boost and clarity, here are a few great medical and hospital management apps running successfully by known medical institutes:

HSS Mobile: It is the official Hospital for Special Surgery (HSS) App that has been awarded by the Healthcare Leadership Awards in 2011 for best mobile communications in medical world. The hospital is glorified as one of the country’s leading hospitals for specialties in rheumatology and orthopedics. Using the app, patients can easily get access to the information on their condition, find a physician and make a doctor’s appointment.

Nova Vita: Nova Vita clinic’s app is focused on building online services that facilitate electronic documentation management and level-specific access to different medical records for medical personnel and patients. It also houses an automated operating schedule for diagnostic labs and doctors to enhance the efficiency of healthcare providers at the center.

AirStrip: Basically a convenient digital interoperable platform, AirStrip coordination of healthcare across multiple care settings on multiple devices including electronic health records and information sharing from monitoring medical devices.

It enables access to all these essential details on mobile, computer and tablets from various healthcare centers. Hospitals can use it as a tool to compile massive data on one platform integrated with other systems.

Read also : 11 Easy Steps To Create a Successful Mobile Application

ZocDoc: ZocDoc is an award winning app that allows users to find nearby doctors, read their reviews and book an appointment with them. Patients can see open appointment times and fix one without making a phone call. They can also receive helpful notifications from its Wellness Reminders feature.

Meditech: The app allows healthcare providers to access patient records in form of web charts on mobile across many healthcare organizations. They can tap in to view patient’s lab results, recommend prescriptions, schedule procedures and appointments and track progress of current health conditions. The app also has a provision to identify patients at maximum risks.

Conclusion

This was an informative brief on how you can start developing the hospital management app from scratch. The overall cost of the process covers all the factors discussed above and more. It is advisable to prepare a questionnaire for an app development services provider you want to collaborate with before you start off on the project. Make sure you see creating a smooth environment for both doctors and patients as a fundamental to a successful medical and healthcare app.

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