Mobile App Development: Why Is it Worth Hiring an Agency?

It seems like everybody nowadays has an idea for a mobile app.

This is no joke.

From both customer and business viewpoint, the smartphone industry is growing up into the air.

And now you've got to do a little study before you take a leap, before starting development.

If you think your project could be the next big hit like Instagram or youtube, find out what kinds of applications make the most profit.

And most importantly, how much does develop a mobile app cost? you might have given it a thought before.

Most of the time, We get this issue.

If you ask this question to 10 persons, you are going to get 10 different responses.

The truth is- it depends.

It might not be the response you were searching for but let me give you a similar analogy.

How much does it cost to purchase a car?

There really isn't a one-size reply fits all answer.

A number of different variables depend on that.

Well, the same goes for the development of mobile apps.

As an industry expert who has a lot of experience working with many influential developers of smartphone devices, We can help you explain some of the pricing and other details you wanted to know.

Then you would be able to decide for yourself whether the cost of recruiting a developer is worth it and whether an agency is able to assist you easily with your stuff.

Factors shaping the development of apps

It is important to know what you want before you launch.

Without a clear plan, strategy and aim for your app, I wouldn't recommend jumping into the development stages.

Here are certain things to consider in order to get you started in the right way.

What is your App's primary function?

What's your estimate, then?

How do you intend to develop it?

What kind of timeline do you envisage beginning to launch from production?

You 're still going to want to know your launch plan, so you can get updates and even find a way to rank in the App Store.

So start to write a full business strategy for building your app.

Therefore, you have to schedule and budget each stage accordingly.

To ensure you have enough money to pay for each point, you will need to remember where your funds come from.

Owing to bad budgeting the last thing you want is to run out of funds halfway through the job.

And then have a partially created app that is worth zero, and no way to get back your money.

If you own an established company, getting financing will be easier for you.

You will use money from the bank account at the business to pay for this.

You'll probably have more luck going to a bank to get a credit line for a loan and investing against the company.

I've created a guide that breaks down the factors influencing the expense of creating mobile applications into six main categories.

Overhead

Challenge

Hosting Server

Operating System

Who Builds It

App Type

Overhead

The overhead consists, by nature, of the indirect or fixed costs over a company.

As I said before, your app is a business, so you have to treat it like that.

I want to double back and finish the thinking we discussed earlier on employee pay.

You may not need to recruit someone else to support you with the app because you have an existing company and infrastructure in place.

You can function properly with your IT department or marketing team.

If you start a company from nothing and release an app for it, though, you'll probably need a little help.

Most startups have a population of 5 or fewer.

So keep that in mind if you intend to recruit people to assist you with this operation.

You have to pay for these men.

No one will come and help you free of charge unless they have some kind of equity interest in the company.

You'll still have to pay people to do general upkeep on the app right after it's launched.

The cost will depend on how much time and energy this person or these people may expect to put into it.

Maintenance may very well be a full-time job at least.

You will constantly make changes and improvements along the way, in order to build a successful app. Unless the application is good for no-one.

Even the world's top-performing mobile apps have glitches and vulnerabilities that need to be fixed.

Your company should be immune to this.

And the publicity and advertising expenses will also come into the range of overheads.

What is the marketing budget for app promotion at your company?

You also have communication networks like text, the website and social media sites in place.

Using those methods will help keep down the cost of marketing, but it won't be completely free.

It will be more expensive to promote a brand new app from scratch, without an existing business in place.

This is an urgent need.

Complexity

How complex is the application?

Your answer will impact the cost.

I think the price graph may differ from time to time as it depends solely on the app type.

Some applications may even cost as much as $1 million.

So how do you know how basic, intermediate or complex your application is?

Here are several important variations.

Basic mobile applications:

common functionality such as email registration,

social network access,

calendar

May not include traditional back-end UI modules,

Can cost up to $40,00 to create

Moderate mobile applications:

Completely customized UI features

Accepts payment

Has API integration Adaptable to Back-end Server headsets and tablets

Would Cost Approximately $80,00 to be built

Customized apps:

Technical back-end

Real-time tests

Built by skilled developers

Costs $150,00 +

Now take a look at the layout, features and functionality of your application. See which category it falls inside.

If you're only searching for something with limited features that's super basic, you can build it at a low cost.

But the complexity will be more expensive to those of you who have a more intricate design.

Server and data storage location

In the last segment we touched lightly on this subject but it's worth getting through a bigger conversation on it.

Your server and hosting plan will have a bearing on development costs.

Any app which has a back-end server will be more expensive to host, as we have just seen.

But if you want to build an app without a server, if you want it handled professionally by a specialist, it would always cost you at least $25,00 or so.

You can consider the app's self-computing infrastructure, or an AWS or cloud computing facility.

Shop about in order to find the best deal different providers have to sell.

Only make sure that you understand what you want.

You don't want to overpay on one side of the continuum, on what you don't need.

But you don't want to go for only the cheapest alternative, either.

You get just what you're paying for.

Don't make your app fail by picking an insufficient server hosting package.

Think of your website as an example for your business.

Choosing the correct hosting company means the site is running smoothly without disruption.

The same goes for your application.

If you have problems with your app, it's not a viable way to make users happy and make money.

Operating system to build on

Operating system "can factor in quality and price”.

There are pros and cons for both hybrid and native app creation.

Native applications rely mainly on the user interface.

They work easily and are performance-optimized.

You can also run loads of functionality at the same time if you have a native device.

Native applications can be more costly based on how many different platforms you are looking to support.

Native apps are also easy to find in the Google Play Store and the apple app store.

Some examples of various types of native apps include-

Entertainment apps

Educational apps

Business apps

Who builds it and type of the app

I do not suggest learning how to do it from scratch right now if you have never developed an app before.

Sure, if you want the cheapest alternative, you might take the time to learn to code and do it all yourself. And it can vary depending on the app type as well. Like from simple to complex and complex to comprehensive ones.

But it is a long journey along the way, with several obstacles.

Unless you outsourced it to a professional, the end product would not have the same price as it should have.

With finding a developer you could go a couple of different routes.

If your app isn't too complex, you could find a freelancer who is designing applications on his own.

This could be the least expensive choice, but to complete the process, you depend on one person only.

When this person doesn't finish the project on schedule, you can do nothing.

Plus, if they take on so many innovations at once, they could not make every effort to create your device.

But then, you'll consider an agency to design an app for you.

The agency's cost will rely on some of the variables that we've looked at so far but also on the agency's size.

A tiny shop can have only two or three people in the squad.

It could cost to build anywhere between $1000 to $100,00, and it depends.

If you don't have time and if you are having confusion about the best firm to choose, the quality and cost-effectiveness or an economical package to create your app, then Extract will help you do it.

Simply contact one member of the team and explain precisely what you are looking for.

And we will get the best agency for building your application at the convenient price that you are looking for!

Or even you can create an estimate by yourself. And choose the best firm which matches your budget and demand.

Extract will take care of the rest!

Conclusion

So is it worth it to hire a mobile app development agency?

yeah, it's a definite yes. Because being made by the masters of craftsmanship is always the best. But the only thing is that you should choose them wisely and only after thorough research and analysis.

The condition is unique to all, and this will be reflected in the prices.

The cost of development is determined by essential factors.

Start with the overheads.

That includes maintenance, the app's complexity and others.

The structure, features, and functionality will impact the price.

Now you know what is the reason behind choosing an agency for your dream application. And it’s always better than choosing a bunch of amateurs, freelancers or building yourself to make do the job.

So, do you want us to give you an estimate for building your app including the a to z and handpick the best development firms in action for you? We are just a click away!