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How To Determine The Cost of Developing an MVP Mobile App

Are you a startup? Then you must consider developing a minimum viable product (MVP) as it can help you to accumulate valuable data of initial customer understanding. It can also drive the go-to-market plans effectively when brand new products or services are to be launched.

You need to know the 7 types of MVP prior moving ahead. They are:

1. Wireframes
2. Product mockups
3. Explainer video
4. Landing page
5. Website
6. Mobile app
7. Software prototype.

If you have a limited budget, then developing an Mvp App filled with good features can be your best decision. Go for identifiers or non-crowded niche to test it. So do include primitive features to create an MVP app and test your theories for more development.

Following are the factors you should consider to determine the cost of developing an MVP Mobile App:

1. Selection of Platform

Web-based, Android, iOS are the most common development platforms where a part of the software is executed. As we all know that Android and iOS are mobile app platforms which are also used mainly as an app platform in Mvp App Development. The development cost generally ranges from ₹ 80,000 – ₹ 10,00,000 depending on the platform you choose. As per records, iOS has been chosen the most for development as it offers better user experience and easy upgrade in Apple ecosystem Android owns the biggest share in the market in comparison to other operating systems. Android focusses more on in-app advertisements than iOS revenue model helping you to reach to as much as target customers you want to. Android app development gives you the scope to enjoy advanced features and customize according to your needs but it can cost you more than iOS. Do have a clear motive, then decide your budget and target customers before selecting the platform.

2. Attempt to Design

While developing an MVP app it has been found that majority of people do not take attempt to design if they do not need to test certain features or foresee the vital app features helping to get important customer data. How the app development will cost depends on the relation between screens, UX Wireframes, page interactions, etc. The development cost ranges from  ₹ 5,000 – ₹ 1,00,000 if you stress more only on UX involvement or on both UX and UI.  

3. Number and Type  Of Features

When you determine the cost of MVP app development, then do put the number of features and their types in consideration. The features comprise of User & Account Sign up, User engagement, User data management, Payment and Billing, On-page content generator and others. You may feel like including many features but you do focus on those which can test your audience and bring in gains.
It can be concluded that the average cost for MVP app development will depend on what kind of product or solution you want to produce. The cost of developing an app will usually range from ₹ 50,000 – ₹ 5,00,000 if you consider only the expenditure on design and development.

This post first appeared on How To Make An App, please read the originial post: here

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How To Determine The Cost of Developing an MVP Mobile App


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