Can I invest in iPhone App Development?

Earning millions of dollars on an iPhone app sounds appealing, but then, most of them will walk away with little or nothing to show for it. Therefore, before you jump to iPhone application development, isn’t it good to think ahead and make some estimations as in what would be the reasonable return on investment once the app is released?

What’s the Gain when investing into iPhone App Development?

Let’s start with calculating the revenue. There is a formula to calculate your revenue: number of downloads * monetization coefficient.

For example, take the monetization coefficient, which is how much money one installation brings.

·         In general, a free app is downloaded 15-20 times more often than a paid one.

·         For paid apps with no in-app purchases it’s simply “The Price” minus Apple’s 30%- despite the fact that paid app will not necessarily bring you more money.

What’s The Probability of an App Download?

The probability that your app will be downloaded depends on the following

·         Make it to App Store Charts: An iPhone app developer’s team in USA suggest an app should make 13,000 download daily to be in Top 100 Free Apps. So, will your app make it to App Store Charts, whether it’s Top Apps Paid, Free or category section?

·         To Beat the Competitors:  Based on a report released recently, it is found that the most competitive categories in Dec 2013 were Games (5,617 new apps) followed by Education (1,168 apps) and lastly Business (3,091). Meanwhile, the number of new apps in other categories varies from approximately 3,000-1,000 (Travel, Lifestyle, Utilities, Sports, Health) to 900-800 (Music, Food, Photography).

What If My Apps Fail? Don't abandon them?

Sometimes, post the mobile application development, and release you might want to develop something quite different but leaving a half-baked app behind. Never do this as it might affect your company’s reputation. Instead, be passionate about any app of yours and continue to maintain it in the long run, thus building trust and strong customer relationship.

The Best Practices in Mobile App Development

With the advent of mobile devices, organizations are increasingly tasked with developing apps for those mobile devices. This article is a contribution of various best practises influencing success in mobile application development. 

The Best Practices for Building Mobile Apps

 IPhone app development and Android app development have become significant in the context of iOS and 
Android having more than 85% of the mobile market share today.

·         Before you proceed to hire mobile/ iPhone developer, you must have answers that why you need the services of a software developer.

·         As such, there are diverse categories encompassed in iPhone app development that includes apps for everyday computing requirements like entertainment, lifestyle, health or business.

·         The Apple, the maker of iPhone keeps coming with latest devices every season. This means, professional mobile software developers are able to use these features and make new apps.

·         Also, when you hire a professional iPhone development company, you can expect the project to get completed within a timeframe.

Common Mistakes in Mobile App Development

·         Many times people come up with a great idea for an app and start to brainstorm how to build it. But soon to realise that there is something similar to it. Before you take any time to build an app, consider your audience.

·         There is one more important aspect in the designing process, its storyboard. This is where you lay out the complete functionality of your app on paper. So, next time you hire App Developers in New York, let them plan out all aspects of the design that includes future components such as plug-ins as well.

·         With any design, testing your layouts and getting feedback plays a major role as well.

Openwave is a leading mobile application development company, NYC providing sophisticated solution across any platforms. Our team of developers have hands-on experience in designing, developing and distributing apps that have become popular among users. Our understanding of the target market and its dynamics gives you the needed business edge in the mobile app market.