In the 21st century, being a startup is harder than ever. Every hour, 5,708 new startups emerge worldwide. But, nowadays, you aren’t just competing with people around you, but you have online competition across the internet as well. That’s why it’s not only important to differentiate your business in person, but online as well. A good, unique mobile app can be invaluable to a newly created business. But creating a good mobile app is much easier said than done.
Most good mobile apps have 4 key features. Firstly, it must have a good user experience, which means it's simple to use and easy to access. Next, it must facilitate cost-effective growth, to ensure that growing your company won’t bankrupt it in the process. Similarly, it must validate your business ideas with investors, trying to align ideas of scalability and long-term vision with new investors.
Lastly, a good mobile app should generate revenue. By 2027, app purchases will equate to nearly $186 billion, with in-app growing by 267% at the same time. This means that the average revenue per download will be just under $9.50, which provides many opportunities for profitability. There are a variety of ways to achieve this number, for example subscription bundling or in-app ads. You can also focus on app integrations like app-commerce integration or app-data monetization.
Fortunately, mobile app development partners like Tapptitude make it easy to build your online mobile app. With a mobile app partner, you get a trusted partner who takes the onus of technical knowledge and coding away from you that offers a fully customizable app. This helps you translate your imagination straight to an app, and helps you get back to growing your startup.
