The benefits of gaming in education can be best understood in the current pandemic situation when parents find it so much difficult to teach children without schools. The need for education game development for kids has been exponentially increased in this COVID-19 time.

What are Educational Game Apps?

Educational games apps are kinds of interactive game-based learning applications that are exclusively designed for educational purposes. These games help people, especially kids to learn various topics, subjects, concepts, or skills. Educational game app development has made learning easy and effective for the students. Educational e-Learning gaming apps are the smartest and most innovative ways of smart teaching as they allow kids to learn the subject by just playing a fun game.

E-Learning Game Development Market Share & Stats

With the rapidly increasing trend of online education and smart learning, the share of education game development in the market is unimaginably rising.

Past Market Revenue & Growth

Total global revenue in the e-Learning games was $3,912 million in 2012 which rose to $8,958 million in 2017 with a five-year CAGR of 18%.

Current and Expected Market Revenue

• According to the research report, the worldwide E-learning market that was calculated to be USD 144 Billion in 2019 is expected to rise to USD 374.3 Billion by 2026
• This makes a notable compound annual growth rate (CAGR) of 14.6% from 2019 to 2026

This data tells us how much potential custom Educational Game Development Services has.

Mobile Learning App Development Benefits for Kids

Interesting Way of Learning

For kids learning from textbooks can be boring and challenging to memorize. But Educational games for preschoolers or children make learning interesting and easy to retain. With Children Educational Games, kids can learn a new skill, language, or art very easily in the comfort of their home. You might be interested to know how IoT benefiting education sector.

Social and Psychological Benefits of Game-Based Learning App

Developmental games for toddlers not only make them learn about new topics but also bring behavioral and psychological changes in them. These e-learning games improve kids’ self-esteem, memorizing ability, socializing abilities, leadership quality, and team spirit.

Gaming is a Social Activity

E-learning games encourage kids to come together, form a team and play in unity. Many of the e-learning games require kids to work in teams to win points or bonuses. Working in a team requires interaction and thus these games help in improving their communication skills.

Improved Critical Thinking

Learning theorems, algebra, equations, etc is not easy using traditional ways of teaching. But with the help of Alternate reality games, kids can understand the practical approach of these subjects. These games combine strong narrative, impressive digital technology, and real-time gameplay allowing kids to exercise critical thinking, analytical approach, and creative methods for problem-solving.

Gaming Teaches Technical Skills

Educational video games induce kids to learn more about the various aspects of technology. These video games can help in sowing a seed of curiosity about technical skills like coding, digital graphics, and programming in the brain of children.

Game-Based E-learning Vs Traditional E-learning

People often get confused between Traditional E-learning and Game-Based E-learning. These two terms are mistakenly referred to as the one same thing. But in reality, these two are very different from one another. This comprehensive table will allow you to learn the difference between these two.

Top Educational Mobile Game Development Ideas and Apps

These are some of the best Educational mobile games that will help the kids learn in an engaging and effective way.

Khan Academy Kids

This educational mobile game helps in developing the creativity and curiosity of kids. This free educational game for preschoolers or children consists of many activities like sketching, coloring, and story-telling along with thousands of books, and videos. It helps the kids of 2 to 8 years to easily learn reading, writing and learning new languages.

ABC Kids

ABC Kids app uses attractive visuals and graphics to make toddlers, preschoolers, and kindergarten kids learn alphabets. This game allows kids to learn upper and lower case alphabets with the help of matching games. With the help of graphics, kids also learn words and spellings.

Star Walk Kids – Astronomy Game

If you dream to see your kid be the next Neil Armstrong then this game is the best pick for you. This game teaches the basic topics of astronomy using 3D animations and audio. Your kid can easily learn about all space, planets, stars, constellations, comets, and solar systems with this game app.

Math Land

Teaching mathematics to kids can be a tricky task but this game makes learning math fun and easy. This game requires kids to complete a mission by solving maths puzzles like addition, subtraction, multiplication, and division. You can change the difficulty level of the game according to the age of your kid.

Everyday Mathematics

This online game developed by the University of Chicago helps kids of 2 to 12 years to learn abstract math concepts using real-world examples. This game app enhances mental ability, critical thinking skills, and problem-solving skills.

Duolingo for Schools

This game app is the best way to make your kid learn a new language in the easiest way possible. This game encourages kids to learning speaking and reading any new language. It uses engaging audio, puzzles, word games, and images to make learning effective.

Play and Learn Science

This game helps the kids to relate science to everyday things and hence learn the practical approach of science. With this game app, kids can easily science topics like the weather/temperature, forms of matter, basics of the cell, motion, chemical reaction, etc.

Lumosity

This science-based game comes with 50+activities along with limitless challenges that help the kids in improving their memorizing power, quickness, adaptability, and problem-solving abilities.

Also Read: How to Build a Personal Finance App Like Mint?

How Can You Make Money with Game Based Learning App Development?

E-learning mobile apps are not just beneficial for kids for learning purposes but these are one of the most potential business ideas for businessmen. Due to the ever-increasing demand for a smart way of learning, the demand for Children Educational Games has increased unbelievably. One can generate a lot of revenue that you can’t imagine with these game apps.

You can easily make money from your game app in these ways.

Pay-Per-Course

The easiest way to monetize your e-learning app is by selling the course. You can charge money for the courses that are getting a positive response from the users. If you have copyright over your exclusive course then selling it will give you a big profit.

Subscription

Subscription induces users to purchase it entices the user by getting access to a large number of resources at a relatively small price. To get access to the full course on your game app, the user is required to pay a subscription fee. Users can take a monthly, yearly, or lifetime subscription for getting access to lectures, papers, courses, videos, handouts, etc.

Freemium

This is the most popular way of earning money through your game app. There are several educational platforms that give free courses and training but in order to get a diploma or certificate after the completion of the course, users need to pay a fee.

Additional Optional

This is a very effective option for monetizing an online e-learning course. In this method you allow the user to first test your course by freely using it for a limited period of time or give access to limited levels. If the user will like your course, he will pay the fee for getting full access to the course.

Sale of Goods and Services

This model is getting quite recognized for making money from e-Learning apps. All the big companies showcase the superior quality of their course and teachers by conducting webinars and doing guest blogging. They sell these services in the market to monetize their app.

Ads Model

You can help in bringing traffic to big business houses by selling your space of e-Learning apps for their advertisement. This method helps you generate easy money without any risk.

Leads Sale

In today’s world data is money. You can easily monetize your e-Learning app by selling customer leads or information about your users to the Company that needs customer data for their business.

4 Steps for Educational Game Development for Kids

Due to the growing demand for Educational Games For Kids, many big institutions and companies are taking interest in education game app development. For custom educational game app development, you need to follow these major steps.

Getting Started E-Learning Game Development

There is a number of factors that you need to consider before starting with the development and design of your game.

• Selecting a Platform:You will have to study the market and make the decision regarding the platform for your app.
• Custom and Solo Development:Either you can develop your e-Learning app yourself or you can hire a dedicated game developer or education game developer online to get your app designed.
• Drawbacks of DIY:DIY app makers give you a limited choice of design, interaction, UI, and animation options making your app less attractive.
• Custom Design: This is the best model for education game development as it allows you to create customized designs and add features of your choice.

Top Educational Game Software Mechanics

Another important aspect to consider for the game based learning app development process is to decide how will your application work?

You need to identify the mechanics for your game app.

• Quiz:Quiz is the best way for subject retention and assessment of the kids. Quiz will give a multiple set of questions to the players and ask them to choose the answer from the given options.
• Timer:Adding a timer feature will help in improving the pressure handling skill of the kids. This feature will add more excitement and motivation.
• Rewards:This is the best way to keep the users motivated to succeed to higher levels. Winning a task or level can unlock new levels and bonus points.
• Advance Levels:This feature allows changing the difficulty level as per the mental ability and age of the kids.
• Archiving Lessons:In order to easily revise the learned topics and preserving the knowledge, this feature will be very helpful.

Skills to Develop in Educational Game

Some of the tips that will help in making your app engaging and interactive are as follows:
The main objective of these educational games is to teach children fundamental skills and values that will be useful in their lives. Critical thinking, Brainstorming, Mental aptitude skill, Leadership skill, Organizing, Collaboration, Risk Management, Quick decision-making, Socializing, Team Spirit, Awareness, and Kindness are some of the life skills, children can learn from these game apps.

Practices to Consider in top E-Learning Game Development

• Adding a role-playing feature in story-driven games.
• Allow kids to be creative by letting them design their own avatar or weapon.
• Give them room to solve problems in different ways by giving them multiple options for problem-solving.
• Make the game app fun-focused. This will make learning engaging and interesting.
• Eliminate boring details by alternating statistics with graphs, facts with videos, and characteristics with icons.

Top Software for Educational Game Design

Also Read: How to Develop Online Medicine Delivery App Like 1MG?

How Much Does It Cost to Develop an Educational Game Solution for Kids?

Before starting the development process, one must know about e-learning app development costs. Several factors play a role in determining the cost of impressive Game-based learning app development, these factors include:

• How complex is the game app
• Types of features included
• The functionality of app
• Type of operating system
• Time-taken in the development of app
• Cost in hiring a development team

For the Cost-effective educational game development process, we deploy a certified team of game developers for kids that will foresee the whole process with great expertise using the best E-learning game development tools. A fully functional and certified team is required for kids game development. This team includes:

• Project Manager
• UI/UX Designer
• iOS Developers
• Android Developers
• QA Specialist
• Sound Designer

Why PuzzleInnovationz Best Educational Game Development Company?

With the massive growth of educational mobile games, there is an increasing demand for an enterprise mobile game development agency and game developers for kids.

PuzzleInnovationz is the leading Company providing leading educational game development Company offers innovative e-learning game development services. We are the top mobile game developers with a skilled team of game developers for kids. Our team has vast experience in innovative Educational Game Design using the latest Education game development tools. Our certified mobile app developers develop high-quality developmental games for toddlers using best-in-class game-making software for kids. We offer robust game-making tools for schools helping them to introduce the smart way of learning in their institutions. Our kids game development process is the latest, flexible, robust, and highly functional allowing your app to get easily monetized.

With 13+ years of experience, 450+ clients worldwide, and 1789+ delivered projects, we thrive on giving world-class solutions to our clients’ needs. We have a strong base of trusted clients worldwide which has helped us in winning several awards like Top Software Development Companies, Top Rated Mobile App Development Companies, Top Mobile App developers, and more. You can hire a game development studio or hire a dedicated game developer with us. If you are looking for a kids game development and educational game maker online, then PuzzleInnovationz is all set to offer its award-winning services.

The post Educational Game Development for Kids: How to Develop E-Learning Mobile Game? [Cost & Company] appeared first on PuzzleInnovationz:.

Well, the answer they have multiplied in popularity. Thanks to the popularity of smartphones, game apps like rummy have gained a huge audience base within a short time. And people are asking for more.

If you want to build an on-demand card game like rummy, you have come to the right place. In this blog, we will share all the information you need about rummy card game app development.

What is Card Game App Rummy?

Rummy app is a popular skill-based card game played between 2 to 6 players. Every player is dealt 13 cards(if 4 are playing). The player who is first to arrange all the 13 cards in a sequence and/or sets of the same rank is the winner. Rummy is also the most popular family card game. More than 1 Lakh people are playing the game online at any given instance.

Skill-Based Card Game Development Market Stats

Before we move over to the finer details of mobile game development, let’s take a look at the numbers that define the skill-based card game development market.

• $3.6 billion: Expected value of Skill-based game market in India by 2022
• 67.58%: The CAGR of card-based games
• 730 crores: The Total revenue generated by online card-games
• 1180 crores: Expected revenue by 2023

What Makes Card Game App Development So Popular?

Of Course, the entertainment factor is a key factor driving the popularity of skill-based card game app development in India. However, other factors like a sense of dominance, the thrill of winning, and the fun part of playing with friends, family, and strangers online also play a crucial role in the popularity of skill-based card games.

Another factor that remains least highlighted is familiarity. Most people have either played card games before or have seen friends and family play them. So there is a huge online audience that is already familiar with the rules. Plus, the playing time is very short. It doesn’t take hours to finish a game of cards. And, for most people, the reason is good enough to play the game during free hours.

What is the Future of Online Multiplayer Card Game Development?

If you look at the numbers, the future looks very promising for an online multiplayer card game development. The online rummy market has the potential to reach USD 22.2 billion in market value over the next few years. In 2020 alone, the online gaming market attracted an investment of $131.1 million. It is the highest in the last six years.

Keeping all this in mind, it’s fair to say that the online skill-based gaming market will witness unprecedented growth over the next decade.

How Real Money Game App Like Rummy Make Money?

• In-App Advertisement: This is tried and tested for a real money game app like Rummy to generate consistent revenue. By running different ads on the platform, game developers can monetize the app. App owners can make use of data and advanced analytics to target the maximum number of app users accurately, ensuring maximum ROI for advertisers.
• In-App Purchase: You can use in-app purchases to create a whole variety of revenue streams. Game apps like Rummy offer in-app purchases for coins, stickers, etc.
• Tournaments: Tournaments are a great source of revenue for card-based games. There is a whole pool of tournaments with different entry tickets. Winners win attractive prizes and the game owners generate greater revenue in the process.
• More Games: No rule says that you have to stick to only one game. As your users increase, you can add more exciting skill-based games. This will keep your users engaged and generate more revenue in return.
• Difficulty Levels: App similar to Rummy is as much about luck as it is about strategy. Talking about strategy, there are going to be some gamers who are experts at playing the game. Hence it would be unfair to stack them against those who are fairly new to the game. A good way to strike balance is by allowing users to choose between difficulty levels.

Beginners can decide to play for free with other similar players and as they improve they can decide to play in tournaments based on skill levels such as amateur, beginner, expert, etc.

Also Read: How to Build a Personal Finance App Like Mint?

How To Design App Similar to Rummy Card Game?

Design is a primary aspect of any app development project. But the stakes are even higher in game development & Casino game development. For a rummy game app clone, the user interface can be a major factor in driving the app’s popularity among your target audience. Here are the things you should do for a kickass rummy game app clone design:

Competitor Research

There are already so many online rummy games out there. Make a list of the most popular ones and have a close look at their design before your own multiplayer card game development.

What are the features that are driving user engagement? What features need improvement? Is the gameplay smooth? Is the design of the card attractive or not? Can you make them better?

Research and find answers to the above questions, and then start working on your design.

Create, Analyze, Repeat

Start with creating a wireframe for your rummy clone app development. We understand that you are not going to strike gold in your first attempt. But that’s exactly how designs evolve. Once you have your first wireframe ready, analyze it, discuss it with your team, and identify the elements that can be further improved. Repeat these steps until you have found the design that meets all your expectations.

Create Realistic Mockups

Now that you have created a good wireframe for a real money game app development, it’s time to create a realistic mockup. Hiring an expert designer for the job would be a wise thing to do. You will be able to see exactly how your app will look as all the design elements are put into place. There is always scope for improvement and if you feel that a tweak here and there makes the overall design more user-friendly, feel free to implement it.

Rummy Game App Development: The Building Blocks

With the final design in place, the next part is coding your Rummy game app development. To do so, you need to first have the building blocks ready. Here’s what you need to do:

1. Documentation for App Similar to Rummy

Proper documentation helps across multiple fronts during application development. First and foremost it helps you keep track of the pace of development. But most importantly it helps you maintain quality of work through effective knowledge transfer among the different teams part of the project.

2. Technology Stack for App Like Rummy

The technology stack for developing the rummy game development will depend on whether you chose to build your app for specific platforms or you choose to build it once and deploy it everywhere using a cross-platform mobile app development framework. In either case, identifying the technology stack will help you hire the right people as well as build the app within a set budget.

3. Developers for Card Game Development

Developers are the brain behind any application development project like Rummy or ludo king clone app development. Hiring skilled and experienced developers will ease your development headaches considerably. If you have no prior experience in coding or managing application development, consider outsourcing your needs to mobile game development. Third-party app development companies have the right blend of experience and technical resources to deliver high-quality software applications on demand. This Guide may help you to learn how to hire mobile game developers.

4. Support And Maintenance

Last but not least, have a strategy in place for app support and maintenance. Android and iOS introduce system updates throughout the year. While most of these are minor updates, your app must navigate major updates seamlessly. You would want to lose your users because your app doesn’t support the latest feature updates or would you?

Online Multiplayer Card Game Development: Things To Keep In Mind

We have so far covered the basics of rummy clone app development. Lets’ dive deeper into the finer details and the inner workings of a card-based game.

1. Real Money App Like Rummy Features

Here are some of the key features that a game app similar to rummy must-have:

• Login: User authentication using simple login forms or Gmail, Social platform integration.
• Payment Gateway: Safe and secure payment integration for in-app purchases, joining tournaments, buying coins, etc.
• Chat Box: Make the game experience more interactive and fun for participants using the chat box feature.
• Tournament Details: Learn about the different tournaments, the rules, the prize money, etc.
• Invite and Earn: Cons or game passes for inviting friends and family members.
• User Dashboard: A single place to see previous game history, earnings, and tons of other analytics to learn and improve.

2. Card Game Mechanics

It’s very crucial that the game mechanics feel real. Selecting a car from the deck or arranging them in the sequence should feel as real as possible. Compromising on game mechanics is something that you should never do.

3. Artwork

Creating any mobile game is an art. Pay attention to the minutest of detail. The shape of the face cards, the back cover, and everything else should be planned well in advance. It will save a lot of development time as well as significantly the quality of the end product.

4. It’s Not All About Aesthetics

A grave mistake that most game designers make is paying all the attention to the aesthetics and missing out on the fun part. Your app may look very appealing but if users have no fun playing then they will not stay for long.

To ensure that the fun part matches the aesthetics, start your game testing as early as possible. Choose different age groups, get their feedback and change and look for ways to make the game more interesting and engaging.

Also Read: How to Develop Online Medicine Delivery App Like 1MG?

How Much Does it Cost to Card Game App Development?

We are finally moving towards the business end of things. App development is costly and takes time. Expect anything between 4-5 months for bundling a game app like rummy.

As far as rummy app development cost is concerned, it depends primarily on your decision to build a platform-specific app or a platform-independent app.

Building a platform-specific app is more costly as you have to build different apps for different platforms. This means hiring separate teams of developers, project managers, and using different technology stacks.

Cross-platform apps take less time and are also less costly. You only have to write the code once and it’s ready to run across multiple platforms simultaneously.

However, cross-platform apps do lag in performance and speed when compared to their native counterparts.

What Factors Affect Card Game Development Cost?

• Cloud storage
• Hosting charges
• Feature complexity
• Number of UI

To give an estimate, the average cost of developing a moderate complexity Android-only app is $40,000 and $80,000. If you are outsourcing your app development needs, then most probably you will be charged on an hourly basis. Expect the development time for platform-specific apps to be between 500-800 hours.

Outsourcing Vs In-House: Which One Should You Choose?

You can either choose to build your app in-house or hire a rummy card game app development Company to do the work on your behalf.

Both arrangements have their pros and cons. Let’s see them in details below:

In-House Card App Development Pros

• More control
• Efficient communication
• More Agility
• No friction related to work cutie

In-House Card App Development Cons

• More costly
• Extensive hiring needs
• Difficult to retain quality developers
• Shifts focus away from core business activities
• Hard to keep pace with scalability and upgrade needs

Unlike in-house where you have to be in charge of every aspect of the app development, outsourcing takes most of the load away from your shoulders. You, however, are still in charge and command of everything from start to finish.

Outsourcing Pros

• Lower costs
• Access to a huge talent pool
• More flexibility
• Accelerated time to market
• Easy to scale and update applications on demand

Outsourcing Cons

• Lack of sync with Company culture
• Time zone challenges
• Transparency concerns

Outsource app development needs is an important business decision. That’s why you need to make a thoughtful and intelligent decision by choosing the best. PuzzleInnovationz has been the preferred outsourcing partner for startups, entrepreneurs, and enterprises worldwide. We’re completely transparent and we always put a lid on your ideas. Whatever you share with us, you can stay assured it is always safe. To learn more you can go through this guide to outsource app development to local or offshore companies?

Also Read: How to Make a Hotel Booking App Like OYO Rooms?

How to Choose Card Game Development Company?

Here are the things to look for in your potential card game development Company:

• Technical Expertise: Judge your potential card game development Company on its technology stack. A top mobile game development Company will have a strong team of very skilled and experienced developers. Try to arrange a meeting with the team and learn more about the projects they have handled, the coding standard they practice, and the overall project development approach they follow.
• Client Feedback: Get in touch with startups, entrepreneurs, and companies that have previously worked with potential application development partners. Inquire about their experience of working with the Company, understand their work culture, communication system, customer service, post-development services, and more.
• Cost Estimates: Most game app development service providers offer free cost estimates. Contact as many companies as you can and ask them for cost estimates. Compare them and understand the areas of work where the estimates differ from one another. Seek reasons for the same and choose the Company that best fits your budget and needs.
• Don’t Ignore App Marketing: Your potential partner will most likely be offering app branding and marketing services. Understand the strategies that they would most likely use to reach out and engage with your target audience. What is the expected ROI against the spend? Is it in line with your expected revenue? If it isn’t then don’t press the green button unless and until you have a plan that perfectly meets all your expectations.

PuzzleInnovationz: Best Rummy Game Development Company

If you are searching for the best rummy game development Company that can build a super cool game app like rummy from scratch, you have come to the right place. At PuzzleInnovationz, we have 575+ dedicated professionals who have the skills and experience of developing the most complex and feature-rich mobile applications. We serve 450+ clients worldwide and have so far delivered 1789+ projects.

Our people-first approach and agile development methodology ensure that our clients get exactly what they want in the fastest possible time. Whether you are looking for a simple rummy app or a more complex rummy game that keeps evolving with time, we are forever dedicated to helping you succeed. With PuzzleInnovationz, you can expect the following services.

• UX strategy and product prototyping
• Usability testing & validation
• Rummy App Strategy and Optimizing
• Agile product development approach
• Data analytics, visualization, and strategy & insights for enhanced user experience

Conclusion: Rummy Card Game App Development

The potential for skill-based card games is huge. Rummy is only one among the plethora of card games that people love to play online. However, along with great developers and designers, gaming apps also require a good dose of creativity to engage a wide pool of audiences.

At PuzzleInnovationz we have the right pool of talented developers, designers, and creative storytellers to turn your app idea into a successful mobile game. We hope that the information we shared in this blog would be helpful to you. And in case there is anything more that you would like to know about, we are always happy to answer all your queries.

And before we wrap, a timely reminder that you can request a quote by simply filling the form in this link.

FAQs on Multiplayer Rummy Game Development

Will You Provide the Source Code of the Rummy App Clone?

Yes, you will get the source code for the app. You will enjoy complete control and ownership over the app. However, please keep in mind that the source code will be shared once there are no payments due from your end.

Is Post-Development Maintenance and Support Costly?

Post-development maintenance and support can be up to 30% of the development cost. Our fees are at par with industry standards. App maintenance and support vary from one app to another.

How Much Does it Cost to Develop a Free Card Game Like Rummy?

The development cost for any app is influenced by many factors. In the case of a game app similar to Rummy, the complexity increases manifold as the app has to handle a huge amount of users at any given point in time. The back end has to be robust and the app data security needs to be of the highest standard. Considering all these factors, expect the app to cost anything between $50k to $100k.

Is the Rummy Game App Clone White-labeled?

Yes, the apps we build will carry your logo and your name. Nowhere do we put our name or brand. You are always in control as far as app branding and ownership is concerned. We only work behind the curtains and the spotlight is always on you and your product.

Do You offer App Marketing and Branding Services?

Yes, PuzzleInnovationz is a one-stop solution for all your app development and marketing needs. We help you with social media marketing strategies, app store & play store optimization, influencer marketing, and more. We have experienced digital marketers who will look after your every need from brand building to creating customer loyalty.

How Can I Get More Details?

You have our ears all the time. Get in touch with our support team over a call or simply mail us your requirements on our official id [email protected]. You can find the contact details here on our website too – www.PuzzleInnovationz.com

The post Card Game App Development Like Rummy [Cost, Company & Features] appeared first on PuzzleInnovationz:.

There are so many hotel booking apps present in app stores like Nestaway, Airbnb, Booking, Ziffyhomes, GoLive, and many more, but the OYO rooms are the most famous and preferable one amongst all. Here, let’s start the conversation over why you need an on-demand hotel listing app development for your business expansion and know more about the OYO app.

What is Hotel Booking App?

OYO Hotel app is the best hotel booking service provider that offers cost-friendly staying in different countries. It supports budget travelers’ book services in standalone hotels or guesthouses that are regulated under the OYO brand. OYO brings a vast scope in the traveling and hospitality industry that offers good reasons to build an app like OYO room to carry on more advancements in the business and make it online.

Insights of Hotel Booking App OYO Rooms/Hotels

• Founded In: 2013 (8 years ago)
• Founder (CEO): Ritesh Agarwal
• Headquarters: Gurgaon, Haryana, India
• Area served: Asia, Europe, and America
• Industry Type: Private Company
• Industry Maintained for: Hospitality

Top Trends for Hotel Booking App Development

• In 2019, OYO recorded a revenue of USD 951 million, a 4.5 times rise on a year-on-year basis, as opposed to USD 211 million.
• Covering 8.5 million unique user bookings were executed on the OYO app and website in 2020.
• By 2022, the online hotel booking business is supposed to surpass over $174 billion.

What Are the Business Models of Hotel Booking Apps Like OYO Rooms?

Aggregator Business Model

This is the model that is continued by OYO till 2018. This enables customers to directly contact various hotels, room proprietors, and property traders for partnership and render rooms under their own brand.

OYO only associates with those hotels that satisfy their established guidelines, like the regularity of the basic conveniences, protection, staff quality, location, costing, etc. This model generates about 22% of revenue for OYO.

Franchise Model

Presently OYO works with this model. This is a commission-based business revenue model and here the percentage diversifies as per the assistance provided by the brand.

The hotels and guesthouses have to follow stern standards of services where they have to adhere to constant levels of consumer assistance to further expand the business.
Customer Segments

• People who enjoy to travel and explore diverse cities
• Bars, Hotels, Clubs, owners, event organizers

Key Partners:

• Hotels, Clubs, and Bars
• Event Organizations
• Sponsors

Value Proposition:

• Simplicity
• Convenience
• Speed
• Design
• Reliability

Key Activities:

• App Maintenance
• Promotion and Advertising
• Creating Community

Customer Relationship:

• Advertisements and Social Media
• Sharing of events with the app community
• By providing accessibility and reliability

Key Resources:

• Skilled OYO Employees
• A powerful and appealing application
• Large database of Users and Clients

Cost Structure:
1. Fixed Costs

• Salary of Employees
• IT development

2. Variable Costs

• Production
• Transportation

Revenue Streams:

• Advertising
• Sponsors and Partnerships
• Business Consulting

Channels:

• Mobile Application
• Website

Types of Hotel Booking App Development

If you are willing to develop an OYO room app clone, you must have knowledge about what kinds of online hotel booking apps you can build. You must have a clear vision about what you have to give to your users and what kind of features you want to add to your app. So here is what you want. Some primary classification is:

Last Minute Hotel Booking App Development

If your users include those who are looking for a last-time booking, this type is best for you. This will provide facility to those who make travel plans at the last time.

Before-hand Hotel Booking App Development

In this type of app, you can book your room up to a year in advance. This is a traditional hotel booking type which is followed by many hotel booking apps like Priceline and Expedia.

Hybrid Hotel Booking App Development

OYO hotels follow this type of hotel booking app. This type provides both advance and last-minute bookings to be performed on their app platform. Therefore, it is more of a hybrid design that merges the benefit of both types of users.

Technology Stack for Hotel Listing App Development Like OYO Rooms

When you decide on hotel booking app development, you should have to know about what are the main technologies used in making an OYO room app clone. Here is some recommended tech stack that is used in building the hotel price comparison app development similar to OYO.

How to Make a Hotel Booking App Like OYO Rooms?

To develop an app like OYO, you have to follow the right set of steps so that you don’t miss any small things at the end of the OYO hotel listing app development. So here, to guide you, we are going to tell you some important steps that you should follow while developing your OYO room clone app.

Bring a New Idea and Do Research

Having a good and unique idea is really important as this will become the backbone of your app’s success. For an app like OYO room, you need to do deep research and make a full-proof strategy that fulfills also your user’s needs and requirements. Do the required market analysis, get up with a design blueprint, and get feedback.

UX & UI Strategy

After research, discuss it with your development team and make robust strategies for the amazing user interface experience. Make sure that whatever you design has to give a user-friendly interface so that the user can easily navigate your app. You can hire a UI UX expert from India.

Perform Concept Validation for Betterment

Once you do everything regarding research and strategy making, it’s time to validate it again by your target viewers. This will help you validate your plan again and also benefits to receive feedback and review for apps to take any improving measures and repair bugs.

Start Designing and Development

It is the most important part of OYO like hotel booking app development. Design and code your app accordingly so that the users will love to use your app. Make the designing and development part robust and appealing as well so that no problem will occur when the user navigates your app.

Testing and Launch

The code now needs to be reviewed to recognize if it has any defects or security issues left in the mobile app development like OYO hotel. If you find any bugs and errors in your code, you can rectify them earlier before it gets too late. After testing, your app is ready to launch on the app and play stores.

Maintenance is Must

After launching, maintaining your app, and updating it in a timely manner will ensure you that your app meets the needs of your users. As this app development field is ever-changing, you must need to update it regularly to stay in the market as well.

Also Read: How to Build a Personal Finance App Like Mint?

Basic Features for Hotel Listing App Development Like OYO Hotels

Key features are basic building blocks of any kind of hotel listing app development. Including the key features in your OYO room app clone is a must to facilitate users and give them what they want. Here are some main features that hotels like OYO must have in their app.

Quick Registration and Login/Logout

Registration is a must in every app to get started. Customers must log in utilizing a different email id or mobile number in joining with a password. But to make this registration process easy, you must integrate some social handles and Google account facilities so that users can log in to your app with just a single click.

Secure Multiple Payment Gateways

In a hotel booking app like OYO, inserting multiple and secure payment gateways is the most important thing. This will ensure users that can make payments through any kind of gateways like Paytm, PhonePe, debit, or credit card, and in a very secure manner.

Room Availability and Search Functionality

With this feature, travelers can see the availability of rooms in hotels at their preferred destination. There are so many filters that the users can consider while booking is:

• Type of service
• Payment range
• Room standard
• Facilities
• Feast plans, breakfast, and any other addition
• Nearby visiting places

All these filters give your users a hassle-free user experience in operating your app and selecting the best one.

Car/Taxi Booking Facility

With this feature, the traveler can place a cab request by sharing its pick-up and drop locations using the hotel booking app. If there is any driver free at the nearby pickup location, he will accept the request and the traveler will get the confirmation information. Users do not need to use a taxi booking app like Uber.

Customer Support (ChatBot)

Enabling a ChatBot ensures your users that you are with them every time to help. If the user is stuck in any problem, the ChatBot enables the customer to contact the customer technician. Then the customer technician finds the solution and gives the user a great user experience.

Push Notifications

This is the most trending feature that every app must install in their app like OYO room to let the user notify about your app advancements. The most excellent approach to having a Push Notification system is that it automatically gives information on the latest updates to every single app user. Notifications like:

• Updates on current properties
• The rate falls on rooms that you have stored or liked
• Updates on data on existing resources
• Deals, trades, and offers

GPS Tracking Functionality

When travelers travel somewhere, this GPS tracking system helps him/her to locate the best hotels near them. The app allows the user to see the most optimized path depending on the time of his or her entry. This will also help those who have immediate lodging needs.

In-app Chat or Call Feature

An in-app chat and call feature is the most used feature in many OYO room app clones. This will assist the user to contact directly with the hotel booking platform if any urgent question or query arises. This is the most preferred type of communication by users.

Simple Cancellations Process

The user can also be able to cancel their hotel according to their situation. This is suitable for even non-refundable bookings where users can drop the hotel by spending a penalty of sacrificing the entire amount.

User Contributions (Ratings and Reviews)

This is also an interesting option as by this feature the traveler is able to check the review and rating hotels registered on the app’s platform. In addition, customers can also post feedback too. Your hotel booking app development must include options like:

• Rating & Reviews
• Photo Galleries
• Journey Tips & Guidance
• Area Portal

Also Read: How to Develop Online Medicine Delivery App Like 1MG?

Top Alternatives of Hotel Listing App OYO Hotels/Rooms

Airbnb

Airbnb is an online marketplace for hotels, essential homestays for holiday apartments, and tourism activities. Its headquarter are situated in San Francisco, California. The users can access this platform via the website and mobile app.

MakeMyTrip

It is also an Online travel Company that provides flight booking, hotel booking, and several services to users. MakeMyTrip has agencies in New York, Phuket, Bangkok, Singapore, Kuala Lumpur, and NY .

Booking.com

Booking.com is a Dutch online travel agency for hotel bookings and is a subsidiary of Booking Holdings. It is the most popular alternative to OYO which is the best service provider in many areas of the world.

How Much Does it Cost to Hotel Booking App Development?

After you decide all the necessary things about your app like OYO room, it’s time to evaluate your OYO room app development cost. Although, evaluation of cost is based on many things like:

• Project functionality
• App features and advanced features
• Design and Development
• The development Company and its place
• The technology stack utilized
• The number of hours that coders and other experts work on the project
• The platform on which you have to target
• Technical complications that may arise in the between of development process

After all these things, the estimated hotel booking app development cost is about $60,000-$80,000. The charges on the basis of hourly basis of some major countries that develop an OYO room app clone are:

PuzzleInnovationz: Best Hotel Booking App Development Company

If you want to build a hotel booking app, surely you are in search of a team who helps you in the best hotel booking app development that grows your business, and for this, PuzzleInnovationz is the best option to choose. With 12+ years of experience in this industry, we have 575+ top professionals who gain expertise in making robust and feature-rich apps.

Our first priority is to fulfill the client’s requirements within the given time and budget. By using Agile development methodology, we ensure that our clients get correctly what they want with any disappearance. As we are the top hotel booking app development Company, we also sign an NDA (Non-Disclosure Agreement) for assuring you that your idea is safe with us.

To make your hotel booking application development more advanced and unique, our expert team constantly stays in touch with the latest tools and technologies and keeps learning them so that they can implement them in the client’s app. This presents your app better than others and also attracts users’ attention.

With PuzzleInnovationz, you get the following amazing services:

• Exceptional UI & UX design
• Product prototyping and enhanced user experience
• Unique and advanced features of hotel booking app
• Secure and safe payment gateways
• Bugs and error-free app launching
• Post launching maintenance

Conclusion: Hotel Booking (Listing) App Development

In the above section, we all see the stats regarding OYO apps. I hope you get an idea about what the future of having an app like OYO room is. Online hotel listing apps are now growing rapidly in the market as people are now more conscious about their comfort. If you are also thinking about building an app similar to the OYO room, then it’s the right time to dive in.

Above, we discuss each and everything that will help you in developing apps like the OYO room. The hotel booking app development cost, essential features, types, and many more above-mentioned things will clearly assist you in finding the best one for your app.

Choosing an experienced mobile app development Company benefits you in making a robust online hotel booking app that heightens your business and leads it towards success. So, it’s high time to invest in your own hotel booking app like OYO.

The post Hotel Booking App Development Like OYO Rooms [Cost, Company & Features] appeared first on PuzzleInnovationz:.

So, before we jump to know more about the peer-to-peer payment app development let’s first know what the Cash App is and further proceed to know something interesting about these kinds of custom payment on-demand app development. Now let’s start!

What is Cash App (Square Cash)? A Peer to Peer Payment App

A peer-to-peer or person-to-person, P2P mobile payment method is an application that we utilize to perform online banking transfers to a colleague, relative, entrepreneur, employee, or anyone. Cash App previously known as Square Cash is the same mobile P2P Payment app revealed by Square, Inc. The application enables users to transfer cash to one another using a mobile application.

Cash App At a Glance (Square Cash)

• Launched In: October 15, 2013
• Supportable Operating system: Android, iOS
• Available Language: English, French
• Application Type: Mobile payment
• Website: cash.app

Key Stats of P2P Payment App Cash App (Square Cash)

Source: https://www.excellentwebworld.com/

• The Cash app has produced over $5.9 Billion in revenue in 2020.
• Over 36 million active users utilize the Cash app every month, while it has up to 100 million downloads.
• Cash app has earned a profit of about $1230 million in 2020
• There are over seven million users of the app who utilize the Cash app debit card.

Peer to Peer Payment App Development Current Trends

• The biggest transaction amount paid via this method was US$18,616M in 2019.
• With a yearly growth rate of 19.0% (CAGR 2019-2023), the total amount of P2P money transfers will be US$2,249M by 2023.
• The average value of actions per user in the P2P money transfer section is estimated at around US$220.1 in 2019.
• The number of users utilizing the P2P Payment app is likely to touch 5 million by the end of 2023.

Custom Payment App Development Popular Business Model

Standalone Financial Services

It is the most popular business model for apps like Cash app and used by many P2P payment apps like PayPal, Venmo, Square Cash, Alipay, M-Pesa, Airfox, and many more. They allow online and in-person P2P/C2B payments with or without terminating accounts and debit/credit cards. These kinds of apps have mobile wallet app features.

Mobile OS Functions

This kind of business model is mainly used by brands like Apple Pay, Samsung Pay, Android Pay, and more. They only permit financiers transfers inside their product ecosystem. ‘Pay’ is somewhat a default device feature than an app here. This model also includes card tokenization and device-based thumbprint authentication for improved protection and comfort of use.

Bank-Centric Functions

We see that some banks use peer-to-peer payment app or devices to consumers and guarantee traders they have the expected point-of-sale (POS) acceptance ability. This kind of app picks from and deposits instantly into bank accounts rather than a deposited currency account. Some apps of this model are Dwolla, Zelle, PopMoney, clearXchange, etc.

Social/Messaging/Web Functions

This is mainly made for integrating payment systems into social media platforms. Social media payments guessed that we’re more likely to transfer the frequent amounts to people we have daily contact with. This kind of model allows millions of users to transfer cash while texting anywhere. Some popular platforms which use this model are Facebook Messenger, Kik, WeChat, Snapchat, Square Cash, G Pay Send, etc. You might be interested know more about multimedia messaging app development.

What is The Working Model of P2P Payment App Like Cash App?

Square Cash App is free for users to download and use. They can send or request money from others on the platform. This kind of custom payment app gains by charging business transaction charges for utilizing its software. The firm charges about 2.75% of the fees for every banking transaction that is accomplished by its application.

This app also gives another privilege by allowing the customers to transfer funds immediately to the bank without letting them wait for the approved number of days to display the amount into their accounts. The Cash App charges 1.5% of the payment amount for this facility.

Advantage of P2P Payment App Development Like Cash App

Free Of Cost Transaction

In P2P payment app development, the payment app enables you to do transactions free of cost similar to the Cash app. It lets you perform both international and national payment transfers securely. The transactions take place immediately without any delay in the P2P Payment app. This kind of payment app is most suitable for small businesses.

Pay without Having an Account

Starting a peer-to-peer payment app development will give lots of benefits like the Cash app. The online payment apps let the user send and collect money also from the party which is available for business. This means the consumer can repay through the peer-to-peer payment app even if they don’t own an account.

On-the-spot Notifications to the Email id

This is the most amazing and useful advantage of a custom payment app development like the Cash app. Once the amount is sent or acquired, a prompt notification will be sent to the customer’s email id. The mobile app launches notifications and shows messages to the enrolled mobile number concerning the payment transaction. This will let you know about your transactions.

Virtual Visa Card

The custom payment app development grants a cash card for the comfort of the user. The Cash clone app provides an implicit visa card for a protected transaction on e-commerce sites and at local stores. The user can quickly add cash to the peer-to-peer App through Google pay or Wire transfer and make use of it to perform transactions.

Also Read: How to Develop Mobile Game App Like Ludo King?

How to Develop Peer-To-Peer Payment App Like Cash App (Square Cash)?

For a perfect peer-to-peer payment app development, you must follow the right procedure so that you can give the users the appropriate functionality that any online payment app can give. Here are some important factors that you must consider while developing your app.

Develop a Wireframe

It is the first step in which you have to make a blueprint of your idea and make a layout that helps the developer team to know exactly about your idea. After that, they will start their work accordingly.

Developing the API

API development represents an important role in the p2p mobile app development process. It is a third-party setting that must be combined to get immediate access. The API interface links between the mobile user and the service provider. This will give the user an advanced interface by which they can make payments fastly without any problem.

Secure Payment Gateway Installation

P2P payment app development like Cash App requires a secure and robust payment gateway as payment service performs an important role in an e-commerce transaction. When you install a payment gateway, ensure that the gateway is secure and follows the security guidelines that give a strong user experience.

Designing and Developing the App

It’s time for your P2P payment app development. It is worth mentioning here that making your Cash clone app attractive and user-friendly will give you a lot of benefits and also users like to use your app rather than others. The easy-to-use interface will support the user to execute your app regularly. Thus, have this in mind to plan the app with integrity and a strong API user interface.

What are the Features for Cash App Clone Development?

Features are the real building blocks of a peer-to-peer payment app like Cash App. Adding essential features in your app makes your app worth using. You should have those features that any p2p payment app gives to its users. So here we mention some basic features that help you in making your app more attractive and worth using.

Unique ID/OTP

This feature is the best security feature to safeguard the transactions of your users. A different ID or OTP is the necessity to get recorded with the app and start any transaction. Third-party SDKs like Twilio, Firebase, Digimiles, Nexmo are utilized to secure this feature.

E-Wallet Support

You can predict which transaction medium or wallet is used by customers for transactions. The user will utilize any type of digital wallet transaction by connecting it with a debit/credit card or any other wallet; hence make your app supportable to all e-wallet transactions. In short, install different payment gateways.

Push Notifications and Messaging

It is important to notify your users about their transactions. You must give them information about when the payment has been debited from the sender’s account and when the payment has been received into the recipient’s account. With the use of push notifications, you are also able to give notifications about your app like what is new in your app and more. You should check the Top 13 Push Notification Tools to boost mobile app engagement.

Chatbots

This is the trending feature that many apps like the Cash app use for supporting advanced functionality. This is a virtual assistant that helps users to solve their problems by connecting them with technical supporters. This will give your users real-time assistance that helps in solving their problems.

Secure Transaction

The users will keep their personal information like name, DOB, account particulars, credit/debit card details, payee account data, and so forth. Hence, it is your responsibility to give secure transactions to every esteemed customer.

Also Read: How to Develop Online Medicine Delivery App Like 1MG?

Peer to Peer Payment App Development Cost

Now, let’s come with the most important question of our discussion – what is the development cost of building an app like Cash App. Well, there are so many factors that you can consider while estimating the real P2P payment app development cost. But if you want to get to know the estimated cost, it will vary from $3,000 to $70,000.

Cash App Clone Development Cost Depends on Below Factors:

• Number of Features and Complexities in the Application
• Number of Hours Spent
• Manpower Used
• The country or Region of Development team
• Desired Platforms (Android, iOS, or Both)
• Technologies used in-app
• Backend requirements
• Admin Panel Features

Alternatives of Custom Payment App Like Cash App

Venmo

Venmo is not just the typical P2P payment app; it’s a social payment app. If you usually split checks at restaurants with your friends and seldom have cash with you, then it is worth analyzing the Venmo app. It is free to use.

Available on: Android and iOS.

TransferWise

TransferWise is a UK-based organization that allows free account enrollment, multi-currency e-wallets, and genuine fees. Their services are possible in over 60 countries. It is the most used and famous app in the UK and it’s free to use.

Available on: Android and iOS.

Payoneer

Payoneer provides an all-embracing peer-to-peer payment app service that has an appearance in 200 countries. It is one of the best alternatives to the Cash app that provides various features like Currency conversion, Multi-currency e-wallets, Prepaid cards, Custom invoices, Payment requests, and many more. It is also free to use.

Available on: Android and iOS.

PayPal

It is also a well-known platform for online transactions. It is very simple to use and also provides free services to customers so that they can send and receive money with total security and ease. Its design is highly responsive and the interface is user-friendly.

Available on: Android and iOS.

Also Read: How to Build a Personal Finance App Like Mint?

Conclusion: Custom Payment App Development

The future scope of a custom payment app development like Cash App is very bright as now in this time, everyone moves towards the digital era. In the case of payments, people are now moving rapidly to online banking and this gives them more benefits and helps in managing their work easily.

If you also want to give this kind of service to your customers and want to heighten your business towards success, it’s high time for launching your p2p mobile app development. PuzzleInnovationz is dedicated to cross-platform app development that provides digital solutions for your business in a cost-friendly manner. So go ahead with your idea and bring a new p2p payment app.

The post Peer to Peer Payment App Development Like Cash App (Square Cash)? [Cost & Features] appeared first on PuzzleInnovationz:.

Even, in maintaining personal finances, now everyone wants personal finance apps so that they can control their unproductive budgeting and spontaneous spending effectively.

For this, personal finance apps like Mint have arrived in the market!

Because financial tracking apps give important value to users and are high in demand in the market, revealing a money management app is a worthy investment for your business. So, if you want to develop an on-demand money management app like Mint, here we gathered useful knowledge that will help you in personal finance app development.

What is Mint Personal Finance App?

Mint is a well-known mobile application for maintaining personal finances. It has more than 14 million users. In starting, it was just an investment tracker that has several sections, and now it has transformed into this AI-enabled financial counseling platform traversing beyond the web & mobile platforms.

There are also so many financial tracking apps like Mint that are present in the market like Wally, Acorns, YNAB, and more, but Mint is the most suitable example if you want to know how to build a budget app and evolve into a profitable takeover target.

Insights of Mint – A Financial Tracking App

• Founded In: 2006
• Founder: Aaron Patzer
• Area served: United States, Canada
• Products: Web application, Mobile application
• Headquarters: Mountain View, California, United States
• Website: mint.intuit.com

Financial Tracking App Development Market Trends

• Total business estimation in the personal finance division is predicted to arrive at a little over $700,000 million in 2020.
• Finance apps gained around 24 billion downloads last year, 2020.
• $343 million is the forecasted area of the personal banking software business in the US by 2026.
• A study led by Business Insider says that about 53% of users utilize mobile banking applications.
• The personal finance transaction revenue might have passed $700,000 million.

How Can You Make Money with Money Management App Development?

If you want money management app development like Mint, you should have an idea about how this app makes money. Here, we mention the way by which the Mint app earns money. If you don’t want to pick the same one, we also mention a sort of monetization strategy that you can choose for your financial tracking app.

Although Mint is free to use, it uses a smart monetization strategy by which it earns money.

In the “Offers” section, you can see the personalized best deals. Mint examines the user’s financial activity and suggests some financial tools by which you can manage your things more easily.

Whenever you choose one of those, Mint receives the financial benefits. So, the app mainly offers work as a kind of ads that assist users to increase their economics at the same time.

Helpful Information!

“Lately, Mint also added the subscription model. By paying to Mint Live Services, a customer receives a way to get an approved financial executive, certified public analyst, or accredited enrolled advocate. This service is available at $24.99 for US users only. You can also include this kind of service to boost your business revenue.”

More Ways to Make Money with Money Management App Development

• In-app advertisements: This is one of the most suitable methods to earn money and monetize a free app. The app proprietors can select to sell advertisement space on the platform by charging a particular fee.
• Paid Apps: If you don’t want to make your app free to use, apply this model. The user will have to buy your app just once for being able to access all the features of your budget app like Mint.
• Premium Fee: For unlocking some premium app services, the user has to pay a specific amount to access them.
• Referrals: In this model, the app proprietors can decide to charge the referral charges by which they can earn profits through the downloads.

Also Read: How to Develop Mobile Game App Like Ludo King?

What are The Types of Personal Finance Apps?

There are many types present by which you can make your Mint clone app, but all these programs can be divided into 2 basic types. So, before starting to develop your financial tracking app, first, evaluate what type of mobile application development you want.

1. Simple Finance Apps

This is the traditional way by which the user records all the spending data on his own, directly by hand (manually). These types of applications enable managing indications of expenses and classify them, prepare large investments and some other work related to this. The process of this type of personal finance app development is simple to execute and cost-friendly.

2. Complex Finance Apps

It is the most advanced version of developing financial tracking apps. In this type, the user’s bank accounts and banking card are connected to the services/application which collects data about each transaction automatically without any manual entry. This is the most used category as this provides high security and easy accessibility of financing apps.

Which Technology Used For A Personal Finance App Development?

How to Develop Personal Finance App Like Mint?

To make a successful and appealing mobile app for presenting personal financing maintenance to your users, you have to follow the right set of steps by which you can achieve the whole profit without any mistake. So here to help you out in this, we mention easy-to-implement steps for how to make an app like Mint. This will help you in creating the best and attractive app for your business.

Financial Tracking App Development Design & Prototype

Planning and making your app’s design attractive and robust is the most important thing when you create a personal finance app. Creating an attractive UI & UX design means improving the design with micro animations and giving complete graph-based statements that the audience can customize over time, category, etc.

Prototyping, on the contrary, is the most cost-efficient move in the entire app development process. Performing prototyping helps in building a killer product and optimize cost and how much does it take to develop an app.

Build an MVP for Money Management App Development

Here the developing (coding) part starts. In this step, the developer adds features in-app. Back-end engineers are creating the server element for syncing user data and implementing web access to the app. It is suggested to consider Node.js for development and React Native, as the two are famous and effective in making apps for both platforms. You may be interested to know how to hire React Native app developer in your budget.

Integrate Advanced Security in Mint Clone App Development

Technically, it is a part of the development process. but when it comes to personal finance app development, I think that ensuring good security measures is a very crucial point of the developing process. There are some guidelines that developers must follow for security. Some of them are:

• Hiding data to guard against spying eyes
• Execute bank-grade data encryption
• Add two-factor authentication and bio authentication
• Cut off idle sessions
• Apply protected connections and rules like HTTPS and SSL

Test Properly After Financial Tracking App Development

Testing your app before launching it is very important to give a hassle-free experience to the users. Although testing is not the interesting part when you are creating a personal finance app, it’s our QA work that occurs in an impeccable mobile experience for our customers. So always test your application to make your app bug and error-free.

Launch Your Money Management App

Now, your app is ready for launch. Make your app available on the app stores of the targeted platforms so that users can access your app and take the advantage of the same. After launching, keeping your app updated is very important to stay up in the market. This is how your Mint clone app will get success.

Also Read: How to Make a Video Editing App Like Magisto?

Essential Features for Mint Clone App Development

Now, it’s time to know some exciting cum essential features that you must add to a budget app like Mint. These features will make your app worth using and comfortable to use. So let’s go through with this.

• User permission and account login/logout facility
• Profile section with complete user specifications
• Manage Finances: Mutual Funds, Real estate investments, Stocks, etc.
• Connecting to bank accounts and account cards like credit card
• Guarded Passcode (Pin, OTP via Mail, Fingerprint Sensor, & SMS Authentication)
• Inspect economic statistics and analytical statements for a particular time period
• Trace activities and view past records
• A double-entry book-keeping accounting method
• Search & Filter rates by category, description, pay method, status, tag, etc.
• Backup/Restore & Synchronization: Auto substitute on Google Drive, Dropbox, and Cloud, Automatic sync between various devices
• Control Spending sections & subcategories like “food”, “travel”, “clothing” etc.
• Attachment to PC and manage all features via desktop app

Advance Features of Personal Finance App Development

Gamification

For the financial budgeting app, gamification is an amazing method of keeping its users involved. From the user’s perspective, a gamified money app is an efficient and enjoyable feature that encourages them to accomplish their saving objectives adequately. The gamification of consumer maintenance led to enhanced user urge, lifted morale, and engagement.

AI-Driven Financial Coaching

A budget app like Mint must use AI technology to regulate user’s expenses completely with stretching goals. It has the capability to fastly analyze the data and convert them into meaningful insights. It can estimate how much a user can store securely and the app settles away this sum automatically. So it is the latest trend that you must add to your app to make it different from others.

Personalization

Personalization has been trending for the past few years and suspected to continue in 2021 as well. It gives the user experience according to their needs that makes things comfortable and appealing to the customers. You can also make your app customizable by adding some advanced features like chatbots, push notifications, etc. You can check here the top 13 Push Notification Tools to boost mobile app engagement. You can also add beautiful infographics.

Personal Finance App Development Cost

This is the most obvious and the most important question that arises when you decide to build a money management app like Mint. However, the personal finance app development cost varies on many things of an app. But the estimated personal finance app development cost is about $30k to $35k for both Android and iOS + Web Admin. But if you want to add some advanced features or complexity to your app, the cost of the development process may be increased to $50k to $70k.

How Much Does it Cost to Develop Personal Finance App?

Some number of factors on which the Mint clone app development cost depends are:

• App Features (Basic and Advanced)
• Certifications & Agreements
• The timespan of the development process
• Area of the development Company
• Development Platform (iOS, Android, or Hybrid)
• App Design (UI/UX)
• Maintenance & Guide
• Tools & Technologies used
• App Complexity
• Third-Party Alliances
• Scope of the app development team

Alternatives of Money Management App Like Mint

Personal Capital: Personal Finance App

Personal Capital is the most famous and most used alternative of Mint. It is the best free financial app present in the market. It provides:

• Amazing regression calculator
• Automatically trace cash flow and expenses
• Gives a full snapshot of the most valuable financial stats
• Professional finance fee analyzer
• Pricing: Free

YNAB: Budget App

The full form of YNAB is You Need A Budget brings lots of changes especially in the automation section. It is best in providing:

• Concentrate on aim setting and monthly investment planning
• Restores using a zero-based budget
• 100% money-back assure
• 34-day free trial
• Pricing: $11.99/month or $7/month when charged annually

PocketSmith: Smart Budgeting & Personal Finance App

It is one of the favorite alternatives of financial tracking apps like Mint. It has many advanced features that make the user experience worth using. It offers:

• Track bills and payments on the calendar
• “What If” synopsis checker
• Free version accessible
• Professional budgeting app
• Pricing: Basic – Free; Premium – $9.95/month; Super – $19.95/month

Wrapping Up: Personal Finance App Development

It’s time to wrap up this discussion. I hope you will get all the required knowledge about how to make an app like Mint. If you have a layout or approach that you believe could benefit the users to get more facilities at investment tracking, budgeting, financing, and economic management then you must begin your own personal finance app development. This will lead your business to bring success and help your users to manage things easily.

The post How to Build a Personal Finance App Like Mint? [Development Cost & Features] appeared first on PuzzleInnovationz:.

1mg is a one of its kind online medicine delivery app where one can buy Prescription and OTC medicine from the comfort of their mobile screens. It would not be an exaggeration to say that it could well turn out to be the Netflix of online medicine. But these are still early days for 1mg and there is a lot of scope for new players.

If you want to build an on-demand e pharmacy app, there could never be a better time. The industry is still in its teething stages and there is a lot of scope for exponential growth through innovation, better user experience, and excellent customer service.

Let’s deep dive into the different moving parts of an online medicine delivery app development project. In this blog, you will learn about the essential aspects of app development, the do’s and don’ts, the best practices, and everything else.

Online Medicine Delivery App Development Market Stats

If you like numbers, here are some stats regarding online medicine delivery app that should attract your attention:

• The global e-pharmacy app market is expected to generate USD 107.53 billion by 2025 (CAGR-14.26%)
• 1mg’s Revenue Surged By 158% In FY20
• Apps like 1mg have attracted funds worth $462 Mn between 2014-19 (the most among all categories of healthcare app solutions)

Top Online Medicine Delivery Apps Like 1MG in India

As already mentioned, the online medicine delivery app marketplace is still in its early stage. A good reason for this is the higher number of compliances and regulations in the industry. This being said, it has not prevented the e-pharmacy sector from witnessing excellent growth and investment.

The participants in the e-pharmacy app segment have registered double-digit growth over the past years and some have even attracted huge investments in the process.

Other apps like the 1MG app that operates in this fast-growing online segment include:

• Medlife: Delivering medicines to 22,000+ pin codes across India
• Netmeds: Delivering medicines to 19,000+ pin codes across India
• Myra: Delivering medicines in Bengaluru & Mumbai
• CareOnGo: Delivering medicines in NCR, Bengaluru, Hyderabad, and Kolkata.
• Pharmeasy: Delivering medicines to 22,000+ pin codes across India

Source: (Frost-Sullivan-Outlook-on-e-pharmacy-market-in-India)

The Business Model of Online Medicine Delivery Apps

Source: https://www.letsnurture.com/

Most of the online medicine delivery apps adhere to an inventory-based model.

In an inventory-based model, the firm manages an inventory or stock of medicines(prescription and over-the-counter (OTC) medicines). Depending on the areas and regions they serve, these stocks are stored in nearby warehouses and delivered to the locations on receipt of order.

However, the key USP of these apps is the attractive discounts on medicines coupled with the comfort and ease of doorstep delivery. In a nutshell, here’s a list of things that poise e-pharmacy for greater success in the future:

• First-time buyers discount
• Limited period offers
• Cashbacks
• Membership plans for frequent buyers
• Attractive deals on popular categories such as Diabetes care, elderly care, healthcare devices, etc
• Value-added services like discounts on lab tests

The inventory-based model is a tried and tested method. It has worked exceptionally in favor of retail e-commerce. And, considering the huge investments that early-stage e-pharmacy apps like 1mg and others have attracted, it is only a matter of when and not if these apps will outrank and outpace traditional brick and mortar pharmacies. In all probability, the e-pharmacy segment is expected to follow the same growth trajectory as the e-commerce app development segment.

How to Design a 1MG App Clone?

Design is a very critical aspect of app development. All key success factors such as brand name, user experience, customer loyalty, app traffic, and revenue are intrinsically linked to the app design.

The secret to design thinking is keeping in mind the needs and expectations of your target audience. In the case of pharmacy app development, here are a few things you should practice to design a 1mg app clone:

• Research: Before you reach for the keyboard and start designing your app, it’s important to understand the niche market. Also, when you are creating an app like 1mg, it’s key to identify areas of design where you can find better ways to attract your target audience over your competitors. A good place to start your research is by analyzing the app review of your competitor’s apps at the play store and app store. This way you will find a lot of information about design features that are missing in your competitor apps. Try to accommodate these missing design elements in your app.
• Create a Wireframe: Once you have fine-tuned your app idea, it’s time to create a wireframe for your app. Initially, you can start with visual sketches using pen and paper. However, a digital wireframe makes things a lot easier and simple for more complex and detailed designs. Moreover, collect feedback on every wireframe you create. Ask what your partners and co-workers feel about the design and if there is any scope for improvement. It will help you further refine the app’s structure, navigation, and user experience.
• Transform Wireframes into Realistic Mockups: The next and final step in the design process is creating realistic mockups from your wireframes. This is a super important step, and it is always wise to hire the services of an expert designer. Never settle for a design if you feel there is room for improvement, especially for colors, fonts, and design elements that strongly impact user engagement and experience.

Also Read: How to Develop Home Service App Like Urban Company/UrbanClap?

How to Develop an App Like 1MG?

You can either choose to develop the app in-house or hire the services of a top e pharmacy app development Company. In either case, there are few things that you will have to do on your behalf to ensure your app turns out exactly the way you want it to in the first place.

Online Medicine Delivery App Development: Planning

Start with putting all your application needs, features, and functionalities on paper. Proper documentation is a key element of successful project development. Documentation helps set the right roadmap and mitigates any discrepancies or confusion that may crop up during the app development phase.

In addition to these, an Online Medicine Delivery App has to comply with many regulations, and as such proper documentation will ensure that all these are well embedded during development.

Pharmacy App Development: Technology Stack

Once you have documented all your application needs and requirements, the next step is to identify the right technology stack for your app. Are you going to build a native app or a cross-platform app? How much cloud storage do you think is enough to ensure that your app will require initially? What about data security steps? What is the expected budget and time to market for MVP? These are questions that you should keep in mind when deciding the technology stack for app development.

1MG App Clone Development: Coding Stage

The coding stage is when you program all the features and functionalities of your app. Your development team will have to work in close association with UI/UX designers, Quality analysts, Business analytics, and other teams. Only when everybody is on the same page will you be able to bring efficiency and agility to the programming.

The programming phase will be composed of many sub-stages namely: Prototype, MVP, the Polished Product, and Launch.

E Pharmacy App Development: Support and Maintenance

Launching your app is only half the work done. Equally important is app support and maintenance. Most of the apps like 1mg are cloud-based. These apps are continuously optimized. You will also have to invest considerable resources and time in DevOps, Data Analytics, and ML to ensure continuous optimization and maintenance.

1MG App Clone Development Must-Have Features

Now that we have discussed the design and development stages, let’s take a look at some of the essential features of an online medicine delivery app.

Uncompromised User Experience

When it comes to an online medicine delivery app, developers must keep in mind that the app must be easy to navigate. A good part of this will depend on the design which should be intuitive and hassle-free. However, this is always easier said than done. To make your task a little easier, here a few things to keep in mind:

• Keep banners at the top of your main-page
• Make icons stand out and build a recognizable brand
• Allow visitors to explore products by category, top deals, best brands, trending products, health concerns, etc
• Allow visitors to search products based on delivery options (Pincode)
• Ensure that benefits like cashback behavior, exclusive discounts, free shipping are well highlighted and grab the attention of visitors immediately.
• Ensure that the app runs seamlessly on all screen sizes.
• Offer Coupons and referral Points for Invites

Turn your app users into brand promoters by Offering Rewards and Loyalty Points for inviting friends and families to your app. Most people are likely to use an app at least once if it is suggested by friends and relatives. Use this to your advantage by integrating social sharing in your app and reward users who loved your app and would be more than happy to invite their friends and family.

Daily Exclusive Discounts

Medical expenses have a strong impact on household incomes. Lower rates than offline stores are one of the primary reasons why people buy medicines online. To compete with apps like 1mg, your app must also offer daily deals, loyalty rewards, and more. Plus users must be able to avail these rewards in a hassle-free manner.

Don’t Ignore Blogs

A blog is one feature in your app that will bring exponential long-term benefits. Whether it’s brand awareness, social media marketing, or informing your audience about a healthy diet, prescription drugs, and exclusive deals, a blog section will help you achieve multiple business goals within a fixed budget. A blog is forever and one of the best way forms of digital marketing.

AI-Powered Chatbot

Customer service is a key ingredient for success for any type of business (online or offline). But setting up a team for handling general user queries is both time and resource consuming. Thankfully, you can now use AI to offer premium customer support at an affordable cost. Integrate AI, ML & NLP-based chatbots to offer the best advisor to those who need help in navigating your app. These chatbots are easy to implement and can be automated on a large scale.

Chatbots streamline interactions, enhance customer experience, and offer new opportunities for app owners to optimize the engagement process and operational efficiency.

Also Read: How to Make a Video Editing App Like Magisto?

Pharmacy App Development Admin Features

• Admin Login Authentication
• Dashboard displaying parameters concerning sales and marketing
• User Management
• Wallet management for transactions
• Manage reward coins to be given to users
• App version management
• Notice management
• Manage chats
• Notifications
• CMS (Content Management System)

Online Medicine Delivery App Development Cost

Now that we have covered all the important features, the design thinking approach, and the development strategy, let’s move ahead to the business end of things.

How Much Would it Cost to Build an App Like 1MG?

Depending on scale and functionality, we can categorize an app into three types: Basic, Advanced, and Premium.

• A basic 1MG App Clone Development cost is between $5000-10000
• An advanced Medicine Delivery App Development cost is between $10000-15000
• A Premium Online Medicine Delivery App Development cost is $15000+

An advanced level basic native app built for a specific platform can cost you up to $20000. For a hybrid app that works seamlessly across all platforms (android, iOS, and Windows), the development cost will be anything close to $25000-$30000.

However, you should keep in mind that these are only estimates. Online medicine delivery app development cost increases depending on several crucial factors. If you integrate features that are complex and resource-consuming, naturally your app development costs will increase. Some factors that significantly impact app development costs include:

• Application Size: Whether your application is small, medium, or large
• Level of UI: Either MVP, Basic or Polished
• Signup and User Accounts: Facebook, email, Google account, Twitter login features increase development costs
• Social engagement: Providing a message box, chatbox, forums, or commenting, sharing, referring will require core programming
• User admin pages: App admins need greater capabilities than general users
• Performance Monitoring: Requires API calls, APM tools, and complex logic to monitor and maintain the expected level of performance.
• Usage analytics: Embed enterprise-level BI and analytics for tracking user experience and behavior
• CMS Integration: CMS integration in pharmacy app development
• Multilingual Support: Multilingual support in e pharmacy app development

The above features are now an essential element of any 1mg clone app development. However implementing them will require an experienced team of designers, developers, subject matter experts, and business analysts.

Also Read: How to Develop Mobile Game App Like Ludo King?

How to Hire an Online Medicine Delivery App Development Company?

Hiring and managing an in-house team is not easy. Plus you will have to divide the team between other key areas of business such as marketing, inventory creation, onboarding suppliers, vendors, etc.

Not to forget, hiring and retaining an experienced team of designers and developers is very costly. If managing app development projects is not your strength, you can choose to outsource your needs to an application development Company that will work as your extended arm, doing all the heavy lifting on your behalf.

It will allow you to keep an undivided focus on key business aspects of the e-pharmacy app.

Moreover, outsourcing is way more cost-effective and time-saving than an in-house team. You don’t have to worry about hiring, adding office space, buying new systems and equipment, etc. All your development needs are managed like clockwork by a third party. Here are some of the primary benefits of hiring an online medicine delivery app development Company as your technology partner:

• Cost-effective
• Access to an experienced, well-coordinated, and dedicated team
• Expert developers, designers, and experienced project managers
• Consistent support and service
• Saves development time
• Focus on things that matter for business success.
• Better quality of code
• Risk reduction

How to Choose Pharmacy App Development Company?

Now that you know the benefits of hiring the top online medicine delivery app development Company, how are you going to find one?

Well, there are several factors that you should look for in your potential technology partner.

First and foremost is the Company’s experience and client base. Always choose a Company with a proven track record and considerable experience in mobile app development. Furthermore, look for a technology partner who can provide app marketing, maintenance, and support services as well. By doing this you will easily take care of periodic needs like app updates, fishing errors, and optimizing user experience based on initial user feedback and response.

Since you are here, we would like to remind you that you can find an ideal technology partner in PuzzleInnovationz.

Why Choose PuzzleInnovationz, As Medicine Delivery App Development Company?

• 12+ years of experience
• 1789+ projects delivered
• 450+ clients worldwide
• 575+ dedicated professionals
• 15+ countries served
• 100% quality assurance
• 100% client satisfaction

As the best mobile app development Company in India, our goal has always been to deliver exceptional value to our clients throughout the app development journey and beyond. With the right balance of exceptional business analysts, developers, designers, project managers, and subject matter experts, we have been able to help hundreds of clients from diverse industry domains to take their business to the next level. Want a sneak peek into our portfolio, follow this link now.

Also Read: How to Develop a Mobile Wallet App Like Phonepe?

Conclusion: Pharmacy App Development

A wise man once said: “All good ideas need the right information and tools to realize their true potential”

Hope that the information in this article is relevant to your idea of creating an online medicine delivery app. If there is anything more that you want to know about creating an app like 1mg, we are always here to answer all your queries. You can also get a quote from us. All you need to do is get in touch with one of our experts.

And, before we wrap up we would like to remind you that we look after your app marketing needs too. Depending on your business goals and budget, our experts will create customized strategies in line with your marketing goals.

We have a robust team of well-experienced and organized app developers and designers who have ample experience in developing end-to-end high-quality e-pharmacy applications. With PuzzleInnovationz, you have the right talent, the right technology, and the right marketing to turn your e Pharmacy app development idea into a success. All the best!

FAQs on Online Medicine Delivery App Development

Will You Provide the Source Code of 1mg App Clone?

Yes, we do share the app source codes with our clients. This way they have the freedom and flexibility to customize the app to stay in line with changing user expectations. However, the course code shall only be shared when the client has cleared all outstanding development costs.

How Much Do You Charge for App Maintenance and Support?

Our fee is very nominal and at par with industry standards. There is no room for guesswork or misinformation. We practice complete transparency so that you know exactly where your money is spent.

How Much Does it Cost for 1mg App Clone Development?

any app, let alone an online medicine delivery app, has many moving parts. The scale of each varies as per client needs and demands. Once we know your exact needs, we can better estimate cost factors like the time needed, resources invested, and the technology stack. You can get an estimate within one working day. Get in touch with one of our experts for the best-quoted price as per industry standards.

Is the 1mg App Clone White-labeled?

Yes, the apps we build for our clients are completely white-labeled. It will carry your name and brand. Nowhere do we use our name or logo. Our designers work extensively to create icons, labels, and landing pages that gain maximum attention and brand awareness for your app.

Do You Have any Previous Experience in ePharmacy App Development?

Yes of course. We have worked with several vendors and helped them set an e-store for their business. Our experience has helped us understand the medicine delivery ecosystem better.

We have also been technology partners for many big pharmaceutical companies and helped them embrace digital transformation in key sub-domains like inventory management, logistics, and transport, inventory tracking, centralized billing, etc.

How Can I Get More Details?

You can either get in touch with our support team over a call or simply send us your requirements on our official id [email protected]. You can find the contact details here on our website too – www.PuzzleInnovationz.com.

The post How to Develop Online Medicine Delivery App Like 1MG? [Development Cost & Features] appeared first on PuzzleInnovationz:.

In this article, we will share with you some tips that might be helpful for you to make your decision. As the process is very tough and the decision is very crucial to transforming your app idea into reality. Therefore, you need to take utmost care as your time and resources are at stake. Stay tuned and read the full article to get the maximum benefit.

Mobile App Development Services Market Size

As per Statista, mobile applications will produce nearly $693 billion globally in revenue by 2021 through app store downloads and in-app advertising.

By the end of 2018, global mobile application revenues amounted to more than 365 billion US dollars. Seeing the current trade, it is expected that the mobile app market is projected to generate over 935 billion U.S. dollars revenue through in-app purchases and paid downloads by the end of 2023.

The top-grossing mobile gaming application publishers in the Google Play Store globally in January 2019 were Supercell, King, and Bandai Namco entertainment with more than 40 million U.S. dollars in-app revenues each. As far as the leading non-gaming app publishers are considered, they are namely Google, Tinder, and Pandora.

Why Mobile App Development Important for Your Business?

Here we will try to know about the importance of having a strong online presence of a business via a mobile application and how this phenomenon is a part of mobile marketing in the current scenario. That’s the reason, today Android App Development and iOS App development have so much significance.

Well, mobile marketing is a recent phenomenon that means marketing and promoting your business through mobile devices, and applications that run on your Android and iPhone devices play a major role in that. These applications help in creating a strong and robust online presence of your brand through smartphones as today we all are using smartphones in our day-to-day lives.

Source: https://www.loginworks.com/

Hence, these applications made it extremely accessible for people to see your product within a few taps while sitting at their homes. Taking the discussion further, let’s accept the fact that mobile apps have become a profit-earning device these days. You never know that your app becomes so popular one day that it might bring you millions of dollars per month.

That’s the power of a mobile application and that’s the reason why you must choose a reliable and trustworthy mobile application development Company to build your app. Now let’s see some statistics of the mobile application market. App development is not just confined to designing and uploading the app. It is a lot more than that.

Hence, while hiring mobile app developers, it is recommended that you must measure their capacity. A mobile app development Company in India should be such that it not only build the app but also helps in increasing the revenue. All this must be done in a systematic manner and not in a rush. Spend a significant time to ponder all your options thoroughly and then come to a conclusion.

How to Choose the Best Mobile App Development Company in India?

We hope that this article will help you in deciding which Company to choose and what qualities must you seek, so let’s deep dive into the topic. The following factors will help you decide to choose the appropriate app development Company for your project:

Experience and Competence

A mobile app development agency with the desired expertise can help you by providing better quality and insights into the services. Similarly, you should look for an experienced Company that has successfully completed and delivered mobile application solutions with a good track record. This factor will make sure that the development team of the Company is capable enough to deal with all types of complex situations and provide you with the best mobile app building services. Therefore, hire mobile app developers with relevant experience and knowledge.

Also Read: Top 10 iOS App Development Companies in 2021

Better ROI

To stand apart from your competitors, you need to provide your clients with more than only a website. Here comes the role of a mobile application. Businesses now can enjoy a higher ROI, reaching clients through their mobile devices with a transition from desktop to smartphone. Choose the right mobile app development Company that can outline a monetization plan for you to present in front of the target audience.

Company’s Portfolio

The Company should disclose the applications it has built in the past for maintaining complete transparency. In case if it is not disclosed, it means that there is something fishy about the Company. You can ask directly concerning the applications built by the Company in the past to analyze the expertise in terms of UI/UX, domain skill, a technical experience which should be reflected in the apps they had built.

Customer’s Review

It is most important what the previous clients say regarding the Company. If the Company is genuine, the clients always give positive feedback and vice versa. It is always advisable for you to get in touch with the previous clients of the Company to see the clear picture without any filters.

You can talk to the previous clients and get all the details possible. Especially ask them things like what pattern it follows, are the executives patient while listening to the client, is the customer care dept. polite with the client, are there any hidden charges or not, etc.

If you get positive answers to all those questions then you are good to go with that particular organization. On the contrary, getting a negative report is a clear indication of a red signal and you must drop that Company and look for some other app development Company to execute your project.

Coding Standards

Whether the platform is Android or iOS, your mobile application development partner should be well versed in that particular domain to deliver the right product. In the case of both hybrid and native applications, you must ensure that your mobile app development agency uses the best app development frameworks. They must consider the fact that the code belongs to the client as they will get paid for it.

You should ask the Company to sign the copyright agreement to ensure the ownership of the mobile app and its coding. This particular agreement will state that you are the only owner of the mobile application, its source code, design, and all other contents.

Seamless Communication

Sometimes, due to the time zone difference, it becomes quite a challenging task to stay in touch with the developers and receive regular project updates. Seamless communication is a must to ensure complete transparency to run the project in the correct manner. If the communication channel is not smooth then it might lead to confusion, chaos, and irregularities.

Therefore, it is mandatory that before signing the contract/agreement you must check out how often the development team will communicate and use which communication channel. It can be a call, live video chat, or email. Effective and seamless communication between the Company and client forms the backbone of the app development process.

Also Read: 10 Major Challenges for iPhone App Development

Choice of Platform

You must choose the desired platform for your application. Check whether the app development Company can build applications for multiple types of operating systems?

In case you want your app to run on multiple platforms, you need to decide precisely what you want and select such an organization that can effectively accommodate this. Hire a Company that is experienced in cross-platform applications development.

Whether you are building for Android or iOS, you must select an agency that knows the rules for each platform.

Data Security

Data security should be the mobile app development Company’s primary concern. Security concerns such as system data leaks, insecure storage, insecure deployment, and privacy protection can negatively impact your app’s lifespan. Hence you must ensure that your app development Company develops your app with a secure code as this is the most crucial step in the whole app development procedure.

Many companies in the market claim to offer secure services but you must make sure it preaches what it says. You should make sure that your chosen Company understands the value of your data and take intuitive actions for securing it.

There can be multiple mobile threats, for example, malware programs, insecure data storage, insufficient cryptography, device and user authentication, SMS-based attacks, etc. Therefore, you must ensure that the Company provides you with a multi-layered security solution for securing your data from these threats.

Impressive UX

Better user experience is the key to gain maximum user engagement. Before entering into the contract, make sure that your app development team is loaded with the best UX designers, and technicians offering exclusive app designs for maximizing the user experience.

The approach of the Company must focus on the client by understanding the core and working on the best methods to deliver the best quality product. The team must be well experienced in terms of designing as an inexperienced team may not be able to keep up with your expectations.

Timeline

Your app partner must tell you the exact timeline to deliver your project. Also, you must ensure that the availability of the Company as most of the companies work on multiple projects at the same time. This leads to a lack of quality as there is no special attention or care given to your project.

Ask the Company how many projects they are currently working on. Also, ask for the timeline to deliver your project. You must make sure that there is a dedicated team working on your project. You can take regular updates and check the progress of your project from time to time.

Also Read: Android 11 vs Android 10: Differences and New Features of Android Application

Testing Method

In any case, you don’t want your application to contain bugs, broken features, and other issues. We all want an app that runs smoothly on each device without any hindrance. Ask the Company regarding the testing methods and strategies which they will utilize and what methods they use to perform testing.

All these things ensure the success of your app in the long run as ultimately it needs to win the hearts of users to gain popularity and it can only be possible if there are no flaws. Lastly, the team should perform testing on the device for which the app is developed, and in case bugs are discovered, check how promptly the development team will troubleshoot those bugs.

Service Package

Some mobile app development agencies provide individual services while some offer service packages. In the former case, depending on your requirement, you can choose the facility and feature and can manipulate the app price. Whereas, in the latter case, you can extract the benefits of getting multiple services under a single price tag.

When you are choosing your team based on the service package, you should decide as per the model of your business. In case you need any specific service, you can go with the first option. However, if you want your Company to manage each and everything – right from making a prototype to designing, development, app launch, and marketing, then in such a case you must choose the second option.

Non-Disclosure-Agreement

A non-disclosure agreement is very helpful in finding the best mobile application development Company. This is because a fraudulent Company will disagree to sign it. This is to ensure the complete safety and security of your app and app idea. Choose PuzzleInnovationz, which is a renowned mobile app development Company in India. We are best when it comes to Android App Development and iOS App Development.

Therefore, if you are facing a situation where the Company is giving you illogical reasons to avoid the establishment of NDA, there are very high chances that the Company is not genuine and you must not choose that particular Company. Rather, choose such an agency that introduces NDA at the inception of the partnership.

Submission of the App

The next stage after testing comes when you need to submit your app to the app store/play store. The store gives approval of your product selling. Before submitting your app, it is very important to meet all the guidelines and study the human interface of the app store and play store.

The process is quite lengthy involving many steps and that’s the reason it must be allocated to an experienced team that can perform all the tasks effortlessly. Hence, you need to ensure that the portfolio of your app development partner contains efficient experience in terms of uploading apps on the app store and play store.

Conclusion: Best Mobile Application Development Company in India

In the end, you must have gained reasonable knowledge in terms of hiring the best mobile application development Company. Seeing the current market scenario, the best way to hire a mobile app development agency is by knowing clearly what you want to understand your market requirements and business challenges.

A reliable app development organization will ensure that you are getting regularly updated in terms of your development progress. There must be absolutely clear and uninterrupted communication between developers and clients. If you too are looking for such a Company then PuzzleInnovationz can fulfill your requirements in exchange for an affordable price.

We have a full-fledged team of eminent and experienced developers who are capable enough to deliver quality solutions within the timeline. Get in touch with us and kick-start your project.

FAQ’s About Best Mobile Application Development Company

1. How Do I Hire the Best Mobile Apps Development Company in India?

With the increasing number of smartphone users, mobile apps have made life easier. So everyone is reaping the benefits of mobile applications. There are mobile app development companies that can help you develop strong and secure mobile app, but choosing the right and efficient mobile application Development Company in India for your business is not an easy task. Before choosing any app development Company, keep in mind the given factors.

• Check Company reputation
• Check portfolio
• Analyze the Skills & Expertise
• Technical knowledge in management
• App Designing Standards
• UX Capability

2. Which is the Best App Development Company in India?

Most users today prefer highly personalized mobile apps that are exceptionally functional. There is a deep pool of companies in the Indian industry that make lucrative app development, but it becomes challenging for aspiring app entrepreneurs to find an ideal mobile app development Company offering user-centric solutions. The best app development Company in India is PuzzleInnovationz.

3. What are the Top 10 Mobile Apps Used in India?

Today in this modern age, we use apps in almost everything. India is a hub for all app activities. India has become the world’s fastest-growing market for mobile apps jointly on both Android and iOS. Here are the 10 most popular apps in India, the most downloaded –

• Facebook
• WhatsApp
• UC Browser
• Facebook Messenger
• Helo
• SHAREit
• Hotstar
• Truecaller
• YouTube
• Zomato

4. How Much Does it Cost to Develop a Mobile App?

The cost of developing a mobile app depends on various factors such as the type and size of the application, design basics, development timeline, maintenance and marketing, and features and functionality. The possibility of developing a mobile application based on such factors will be between the given prices.

• Simple app development price tag – $40,000 – $60,000
• Medium complexity app development price tag – $61,000 – $120,000
• Complex app development price tag – $120,000+
• Cost of hiring a US app developer ~$90,000 / year

5. How Much Does it Cost to Create an Android App in India?

Estimating the cost of developing an app is one of the important factors. High-quality apps are developed by well-reputed investors. India is working a lot with the latest trends in app development. Outsourcing in a country like India can result in cheaper and quicker app development. It costs around $ 5,000 to $ 40,000 to build an Android app in India.

The post How to Choose the Best Mobile App Development Company in India? appeared first on PuzzleInnovationz:.

Now as far as video editing is concerned, some years back we used to edit videos by making use of some software on our laptops and PCs. This process was quite tedious and time-consuming. This is because it was difficult to understand those tools and start working on them. Thanks to the video editing app like Magisto that have made this tedious process a simple one just like a walk in the park. In this blog, we will discuss tips on successful on-demand video editing app development.

What is Magisto App?

Magisto is a mobile video editing software that is used for performing tasks like automated video editing and storytelling which pays attention to enterprises as well as consumers/users. It was not the first video editing software in this domain but surely with powerful AI-powered technology, Magisto did make a significant difference.

Photo and video editing app like Magisto was first founded in the year 2009 as SightEra by Dr Oren Boiman (CEO) and Dr Alex Rav-Acha (CTO). The app was launched with the intention to make the video editing process a simple task replacing the old school form of time-consuming form of video editing.

This video editing app received funding of $5.5 million in 2010 from Horizons Ventures and Magma Ventures Partners. Further, with the launch of the Magisto app on 20th September 2011, the app received an overwhelming response from the market. Within the two years of launch, this best photo and video editing app reached 5 million users worldwide.

Source: https://www.businesswire.com/

In 2014, the organization reported reaching 20 million customers gaining 2 million new customers each month. The Company was acquired by Vimeo for an estimated 200 million USD in 2019. By the end of the year 2019, this superb video editing app solely boasts over 50 million downloads. Even the official website used to claim to have more than 1000 million users and is a host to around 500 million videos.

What is the Business Model of Magisto App? [Free + Paid Plans]

Free plus premium makes freemium!

Magisto follows the freemium business model. For those who don’t know what’s the freemium business model all about, let me tell you that it is a very popular business model followed by most companies nowadays. Under the freemium business model, companies provide minimum services free of cost and then charge money for additional services.

Music slideshow maker apps like Magisto users get the basic tools to create basic videos free of cost. But if they want to get the advanced features, there are several plans for subscription for personal and professional users. Paying for a subscription will unlock the premium services that include, HD videos, longer videos, premium themes, etc.

With the premium services, users get advanced customization and better AI integration as far as video editing is concerned. The premium services are very helpful and beneficial for personal and professional users for creating high-quality and precision videos within a few minutes.

How Video Editing App Like Magisto Make Money?

You can also follow the same monetization method after video editing app development like Magisto follows. There are plenty of ways by which you can earn profit from an application. But the two most popular ways to make money via an app are listed below.

In-app Advertisement

After video editing app development, under this monetization method, you can charge companies or individuals to display advertisements within your application. In-app advertisements allow people to target potential customers with high-end data tracking of user’s behavior. Being one of the most popular forms of mobile marketing, this method of monetization can open several opportunities to create a win-win situation for you and the marketers.

Freemium

Magisto, like several other video editing apps, follow this method of monetization for their earnings. It is a very popular monetization method for applications that are providing services to people. Under this, the video editing apps like Magisto are allowed to monetize a part of their services which enhances the portion they offered for free in the first place. The process seems similar to giving temptation before starting to capitalize.

Video Editing App Development: Market Statistics and Opportunities

Source: https://www.kbvresearch.com/

The market of video editing mobile applications is expected to surpass $25 billion by 2021. Also, by the end of 2025, the Global Video Editing Software Market size is expected to reach $1.1 billion, rising at a market growth of 4.4% CAGR during the forecast period. Seeing the enormous growth opportunities, you can also capitalize on that if you don’t wait too long for getting your app developed.

There are several features/tools like making and publishing stories, converting file formats, re-sequencing clips, integrating various special effects, and adding a translation that can be included in your video streaming app. Also, there can be an option where you can create themes and filter-based videos.

So let’s see the advantages or the opportunities of video editing apps in pointers:

• The Global Video Editing Software Market size is projected to reach $1.1 billion by 2025, growing with the pace of 4.4% CAGR during the forecast period
• A Magisto clone app can make your editing process a lot easier with all those useful features or tools.
• With such tools you can convert file formats, re-sequence clips, join clips, cut clips, adjust brightness, add sounds, add a translation, crop and rotate footage, and add other special effects to a video.
• It helps professionals in the development of post-production and editing of videos digitally apart from filming images.
• Also with the audio and video processing tools, you can deliver high-quality audio and video projects to your target audience.
• With the explosion of smartphones, there are plenty of growth opportunities for tech enthusiasts in this domain.

According to the recent demand of the users, it can be clearly forecasted that the mobile video market will significantly grow and prosper from these applications. All you need to do is to create a perfect blend of innovation, aesthetics, and functionality while developing your app to stand apart from your competitors.

There has been a stupendous growth in online video viewing since the time smartphone devices came with the feature to play videos on its screen.

Due to the increasing need for easy-to-use and cost-effective editing solutions, the demand for video editing software is rapidly increasing. Video and audio applications are easily accessible from any device and any location and that’s the reason these apps have become so popular with video and audio editor professionals. Similarly, there is a great demand for video streaming apps like Netflix because users are like to making and consuming videos.

In the market, cloud-based video editing development is also available enabling professionals to edit and upload files remotely. Also, they can link their content to various social media platforms for sharing purposes. Accessibility to affordable mobile solutions is also a major reason why users get inclined to such video editing apps.

The explosion of smartphone devices has led to rapid growth in the mobile app development market. One of the major challenges affecting the market growth is the availability of free tools and software that can be downloaded free from the internet to perform basic mobile video editing. However, such video and audio software tools are confined to the basic level of editing as in order to perform an advanced level of editing with more features and functionalities, you have to purchase the full version of the application.

Now let us see the distribution or segmentation of the market based on multiple parameters.

Based on Application

• Commercial
• Personal
• Others

Based on Type

• On-Premise
• Cloud-Based

Based on Regions

• North America
• The Asia Pacific and Latin America
• Middle East & Africa

Magisto Alternatives & Competitor Video Editing Apps

If you want to put your best foot forward in the market then it is extremely important to have a detailed analysis of your competitors. Try to gather insight into their world by understanding their features, skill set, and the number of platforms they work on.

1. iMovie

This application is the flagship product of Apple and is developed by AV Foundation.
Features

• Freely available on iOS and Mac OS.
• Users can add animated soundtracks and title to their videos
• A feature where you can slow down or speed up the video
• Own 14 templates designed by renowned personalities
• Extracting audios from videos can be done easily

2. Viva Video

Developed by QuVideo, Viva Video is one of the biggest competitors of Magisto. The tool is compatible with iOS, Android, and Windows.
Features

• You can add numerous themes, filters, transitions, text styles and stickers.
• Available in both free and paid versions
• The layout is quite engaging and take the user experience to a next level
• The Premium version allows users to shoot unlimited videos and remove the watermark.
• Quite inconvenient to switch between menu sections for multiple tasks.

3. Splice

Created by GoPro, Splice is considered one of the most powerful video editing apps ever created.
Features

• The application is available for free
• Users are allowed to record short and long videos
• Voice over option while recording a video is also available
• Users can add greetings and headings to the recordings
• Synchronization of sound effects with actions on the screen is possible
• Due to its simplicity of features, this app is best suited for creating home videos or presentations, etc.

Also Read: How to Develop Home Service App Like Urban Company/UrbanClap?

Magisto Clone App Development Features

The primary factor that would determine the development cost of a video editing app like Magisto is the number of features included in your application. You can include different features depending upon the user group.

Basic features comprise of two categories or panels namely:

• User Panel
• Admin Panel

Now let’s explore the features of these two panels further:

Magisto Clone App Development Additional Features

1. Real-time Analytics

The real-time data can be retrieved from the data servers with the help of a few APIs and a report can be formulated for finding the user count with a paid or free subscription, number of shares, forms of creating a video, and number of downloads, etc.

2. Incorporate Payment Gateways

Integrate payment methods within your application and allow your users to perform safe and secure in-app transactions. Various payment gateways can be integrated for making the process a lot smoother for the user.

3. Artificial Intelligence

Integrating AI technology for your Magisto clone app development can do wonders by auto-picking images and videos to make a video/movie. Ai automatically picks pictures and images for editing. This is a very promising and long-lasting method of user engagement.

4. Sound Effects

Some experts believe that this feature has a significant impact on the performance of your app. Users should be given access to the feature of including a music track or their voice to enhance the overall feel of the app. There should be some audio filters for added effects like a storm, rain, thunder and so on.

5. Stickers & Filters

Stickers and filters form a great medium of enhancing the overall user experience plus make it more engaging and interesting. If you go through any of your competitor’s channels, you will realize the importance of having these amazing stickers and filters in your application.

6. Social Media Sharing

One feature that you can’t afford to forget is the social media sharing feature. The user should be able to record, edit and upload videos on multimedia messaging app like Snapchat, Facebook, Instagram, etc. This was the user is not only sharing his content but also promoting your platform to a great extent. Hence, it is a win-win situation for both parties.

Also Read: How To Develop a Music Streaming App Like Gaana?

The Structure of Photo & Video Editing App Development Team

To Make an app like Magisto, you need a proper team with the right expertise. Hiring freelancers can be an option but it’s something that’s advised against. This is because, hiring a freelancer means that from now onwards you have to act like a project manager, which in itself is one hell of a job.

Therefore, you should hire a reputed and reliable mobile application development Company to handle such a heavy project. Well, in either of the case, the following positions will be needed to run the project:

I. Project Manager

The project manager does the task of managing and guiding the music slideshow maker app like Magisto development team regarding the various steps in the project ensuring seamless execution of the technical aspects of the procedure.

II. Android Developer / iOS Developer

The developers form the backbone of your app development process as these are the professionals who develop the app for you. The team should consist of developers having expertise in both domains.

III. Back-end Developer

The role of a back-end developer is taking care of the server-side web application logic and integration of the work front-end developers do. They usually write the web services and APIs used by mobile app developers/front-end developers.

IV. UI/UX Designers

A well-designed layout can get you huge traffic. A UI designer establishes a solid connection between an app and the users through his designs. Similarly, the UX design emphasizes the interaction between users and everyday products and services.

V. Graphic Designer

The graphic designer is responsible for handling the visual aspect of the mobile app. His role comprises defining requirements, visualizing and creating graphics including layouts, logos, illustrations, and photos.

VI. QA Testers

The job of quality assurance testers is to make sure that all the stages of your app fulfill the quality standards of the market. The role of QA Testers is equally important to the mobile video editing app development process.

Video Editing App Development Cost

An app like Magisto development cost will depend upon many factors. Mentioned below are the main factors that can help you in making a rough estimate to make a video editing app like Magisto.

• Number of Features and Complexities in the Application
• Number of Hours Invested
• Manpower Deployed
• The country or Region of Development
• Desired Platforms (Android, iOS or Both)

The more features you decide to add to your video editing app, the more expertise and time it’ll demand on the part of the developers. Whereas, if the app consists of fewer and low-quality features then it can be developed at a much lower price.

The development Company’s region can have a significant impact because developers belonging to various countries across the globe charge differently. The hourly cost of a developer in Europe will differ from that of a developer in the US.

Talking about the Indian app development market, here you can get similar features in exchange for a very nominal price. India is becoming a hub for tech enthusiasts and companies like PuzzleInnovationz are constantly proving their worth by providing quality mobile and web solutions to their clients all around the world.

Further, you need to decide whether you want to develop your app for the Android user, for the iOS users or for both users. It will directly impact the size of the team and budget. You have to make sure that your team has the right amount of skills to do the job. Also, it will impact the number of hours required to make a video editing app like Magisto.

All these factors should be considered to decide the video editing app development cost like Magisto.

What is the Cost to Develop App Like Magisto?

Now that we have learned so much, let us try to get a rough estimate of the cost to develop an average app like Magisto. If you wish to develop an app with basic features and dedicated to a single platform, then it would cost you around $10,000 – $30,000. On the other hand, if you want to build the app for both platforms with advanced features then the price may increase and go up to $50,000.

Conclusion: Video Editing App Development

In the end, let us conclude by saying that there are a lot of factors that are to be considered before deciding and finalizing which mobile app development Company to hire. If you want to fetch good returns, then analyzing your target audience is also very critical. To put the best foot forward, you would be needing a well-structured team to handle all the aspects concerning the app development process.

Having a rough estimate of the capital requirements will help you to a great extent. The way you plan to monetize your app should be well judged and must be planned accordingly keeping the user convenience intact. Lastly, make sure it is creative and unique. Contact PuzzleInnovationz, the top lifestyle app development Company, and kick-start your project. Here, you get all tech-related services under one roof at reasonable rates.

FAQ’s on Video Editing App Development

1. What App are Similar to Magisto?

Magisto is a mobile video editing app that is used for tasks such as automated video editing and storytelling. Many video editing apps such as Magisto are available, which are used by many content creators.

Animoto- Animoto App is a video editing option similar to Magisto that lets you create and edit quality videos by combining photos and video clips.
FilmoraGo- Filmora Go is another video editing app similar to Magisto.
Adobe Premiere- Adobe Premiere is a best-in-class video-making tool, which lets you create and edit short films and commercials with video ads and video tutorials.
Splice- Splice Video Editor is a simple and powerful Magisto option with a focus on video splicing.

2. How Do I make My Own Video Editing App?

According to the latest forecast, by the end of 2021 according to Cisco, the share of video traffic will be more than 79% of the global Internet traffic.
Key aspects to consider when building your video editing application-

• App idea
• Define your Target audience
• User-friendly features
• Integration with social media
• Monetization

3. How Do Video Editing Apps Work?

• First trimming and adding video clips/photos.
• After that merge different files (photos and videos)
• Add music or sound effects.
• Colour correction and transition settings to make the video attractive
• Sharing on social networks (Instagram, Twitter, Facebook, YouTube)
• Last Step- Save / Load Video

4. What Video Editing App Do Influencers Use?

Instagram is a big platform for active users. Instagram has over 1 billion monthly active users, and more than 500 million people view stories daily. In the initial phase, Instagram started with only photos. However, gradually it started offering videos. Here a list of the best influential apps that every influencer is using.

• Adobe Premiere Rush
• A color story
• PREQUEL
• IN SHORT
• VideoShow

5. Cost To Create Video Editing Mobile App Like Magisto?

We can make rough estimates for an average Magisto-like app. developing an app with minimal features for a platform would cost around $ 10,000- $ 30,000. But if you want to create your own video editing app for both platforms, the price can go up and go up to $ 45,000.

The post How to Make a Video Editing App Like Magisto? [Development Cost & Features] appeared first on PuzzleInnovationz:.

According to some reports and surveys, with the increase in the use of online payment wallets, the worldwide mobile wallet market’s revenue has risen from $450 billion to $750 billion. This is a clear sign of the success of mobile wallet app like Phonepe and Google Pay.

Source: https://www.paymentscardsandmobile.com/

PhonePe: A Online Payment App

Initially, Phonepe was a payment sending portal that allows people to transfer money online. Currently, it is one of the biggest mobile applications used to transfer money along with other services like ticket booking, mobile/dish recharge, online shopping, offers, deals, etc.

The intention behind the development of the mobile wallet app Phonepe was to make things easy for the users in terms of making an online payment. The process of registration is very simple. You just need to have a mobile number linked with a bank account and create an account with a UPI ID and a PIN of 4 or 6 digits.

UPI transactions with online payment app like Phonepe, Google Pay and PayTm, etc. have increased tremendously over the years. According to the reports, the Phonepe app saw a whopping 857.22% growth in the year 2019, followed by PayTm with 827.68% and followed by Google Pay with 337.73%.

Phonepe is capturing the whole market with its strong presence and due to this fact, a lot of IT companies in various parts of the world including India are planning to create more personalized mobile wallet app like Phonepe. Let’s deep dive into the topic by first understanding the essential features of the eWallet mobile app like Phonepe.

Features of eWallet Mobile App like Phonepe

Unified Payment

eWallets mobile app offers unified payment options UPI that assists the user in completing the payment directly from the bank without the need to get the recharge to their app wallet.

Smooth Transactions in Mobile Wallet App

Such eWallet mobile app like PhonePe is a guarantee uninterrupted transactions and offers a one-stop payment solution for all your financial needs. The applications are accepted on a global scale and within few clicks, the users can complete their transactions.

Easy User Interface of Mobile Wallet App

The user-friendliness of the user interface is very important so that it is easy and convenient for the users to complete the transactions easily without any hassle.

Real-time data synchronization

The synchronization of the transactions in real-time is very important. The absence of synchronization can lead to the occurrence of discrepancies in terms of account balance left after each transaction. With real-time synchronization, you get assurance in terms of the account balance that shows the same amount after deduction.

Speed of Online Payment App

The transactions must be completed speedily in the online payment app. There should not be any delay. Even if the internet connectivity is slightly weak, there should not be an issue in loading time when the transactions are taking place. This enhances the user experience and hence makes it popular among the target audience.

Privacy and Security

Privacy and Security are the two primary concerns of an E-Wallet. The transactions need to be secure and there should be total privacy in terms of its users. Data privacy is the core of any mobile wallet app like Phonepe.

Easy Navigation in Phonepe Clone App

Navigability means moving from one screen to another and that should be done easily and smoothly. The whole mechanism should be such that users can perform actions without having the trouble to look for options. The functionality of the application must be seamless. Peculiarities like font size and color should be able to guide and navigate the user effortlessly.

Issues Without E-Wallet Apps

User’s Point of View

• Using cash and cards is time-consuming
• There is a threat in terms of theft of cards and cash
• Issues related to refund and cancellation are time-consuming with car payments or net banking
• Other than bank statements, there is hardly any consolidated record of transactions.

Merchant’s Point of View

• Complex Process of refund or cancellation to the users
• Takes a lot of time as card payments need to be done one at a time
• The use of bank statements is only for consolidated record keeping

How to Design & Develop Mobile Wallet App Like Phonepe?

Pin or Password Protected Screen

This screen occurs when the user taps into the app icon. This is password/pin protected. This means that if the smartphone gets lost or stolen, then it cannot be accessed until and unless it is hacked to crack the password. Hence, the initial layer of security is intact.

Transaction Screen

The next screen is the transaction screen which is used to make the transactions by the users. The users have two options, either they can scan the QR code of the recipient or enter the mobile number of the recipient to transfer the money.

Verification and Validation

Once the confirmation of the payment details of the recipient is done along with the amount, either a pin or OTP verification is needed to complete the payment transaction.

Confirmation

The payment proceeds successfully as soon as the Pin or OTP is confirmed.

Success Message

Once the payment is done, the user receives a success message mentioning the details of the transaction.

Check Balance

Users can use the e-wallets and payments app and check their bank account balance. The app should have the authorization to access bank servers and extract the balance of the user’s bank account linked with the application.

Review All Transactions

The application should be enriched with a feature in which the user can see a consolidated record of all the transactions made by making use of the mobile wallet application. Most of the famous online payment app like Phonepe and Google Pay have this feature to enhance the user experience.

Hence, if you have a robust and qualified team of developers that consist of efficient UI/UX designers, making an eWallet mobile app like Phonepe is very easy. You can contact PuzzleInnovationz which is an India-based technology Company delivering a quality solution at affordable prices all around the world. As far as the cost is concerned, it ranges from $25k to $50k depending upon the features and functionalities along with the layers of security implemented.

Also Read: How to Develop Video Streaming App Like Netflix?

key Features Affecting the E-wallet App Development Cost

Mobile wallet app development cost or any other Phonepe clone app is calculated based on acCompanying fundamental and progressed highlights. Building applications like PhonePe, Paytm, PayPal, Google Pay, is not as easy as it sounds. It takes a great amount of research, time, preparation, and obviously, cash.

• Profile Registration with phone number
• OTP confirmation
• Back Account Approval
• Adding cash from the bank
• Client account
• Pop-up messages
• Re-energize mobile numbers
• Send and receive cash
• Bill payment of various amenities
• Allude and earn
• Coupons and prizes
• Cashback rewards
• PhonePe wallet administrator board

Phonepe Clone App Admin Panel

• Information synchronization
• Alluring dashboard
• Cloud-based operations
• Add/block highlights
• Wearable consolidation
• Calendar booking
• Overseeing offers
• Contacts management
• QR code

What Factors Determine E-wallet App Development Cost?

mobile wallet app development demands a number of factors and requirements from the perspective of the user. The following components are responsible for determining the actual cost to develop an app like PhonePe:

1. App Platform (Android, iOS, or Windows)

The cost of a PhonePe clone app primarily dependent on the mobile platform chosen to run the app. The cost will significantly increase in case we choose to run it on both cross platforms – Android and iOS. You need to know that an iOS app development costs more amount than an Android app an iPhone device has many testing methods and is much time consuming and hectic.

2. App Features and Size

The cost to develop an app like PhonePe relies upon the basic and advanced features developed in the mobile or web app. If you want to integrate multiple features and functionalities in the mobile wallet app, the same requires more size as the development cost varies over the size of the app.

3. User Interface

The cost of native or hybrid app development like PhonePe varies depending on the type of UI/UX designs and patterns selected for the purpose of app design. User-friendly, attractive, and eye-catchy designs are prone to user engagement. A more attractive user interface is costlier and takes much time and money.

4. App Developers

The PhonePe clone app development cost also depends upon the size of the development team, geographical location, project manager, developers’ team experience, and skills in the respective domain.

5. Type of Technology Used

Today, in the current scenario, e-wallet apps like PhonePe and Paytm come with secure and sophisticated features for attracting and protecting the data of the user from scammers and hackers. Further, the cost also depends on the type of technology used. Today latest technologies like Blockchain and Cloud are implemented to create apps.

Also Read: How to Develop Home Service App Like Urban Company/UrbanClap?

How Much Does it Cost to Develop Mobile Wallet App like Phonepe?

It is very difficult to predict an exact figure to develop a PhonePe clone app. This is because the on-demand app development process depends upon a lot of factors like the size of the project, budget, functionalities, country of development, in-house team or an outsourced team, etc. Hence, telling an exact E-wallet app development cost is next to impossible.

However, based on the information and experience, we can predict an average figure which ranges between USD 5000 to USD 20,000 depending upon the requirement. Rest, you can get a better insight by getting in touch with our professionals who are well versed in guiding you regarding all the technical and financial aspects of developing an app like PhonePe.

Wrapping it up!

We hope that you have read the entire article and got an idea regarding the development process and cost to develop an app like PhonePe. In case you are still facing doubts regarding the cost, technology, and features of an e-wallet app, feel free to call us and talk to our professionals for a better understanding. PuzzleInnovationz is a well-known IT Company proving quality solutions to people all around the world. We use the best strategies to develop a high-performance mobile app for you to meet your all business requirements. So what are you waiting for, call us now!

The post How to Develop a Mobile Wallet App Like Phonepe? [Development Cost & Features of E Wallet App] appeared first on PuzzleInnovationz:.

Ludo is one game that has been relatively popular for decades. Remember the time when you used to sit with the family and play Ludo. That’s the reason you can also call it the game of the family. The modern version of the game is payable on screen. Ludo King development is one of the most successful mobile game development of the decade with millions of active users worldwide.Ludo King is gaining immense popularity and love from people all around the world. The game comes with a multiplayer cross-stage functionality that supports devices including Android, Windows, and iOS. Another spell bounding feature of this exemplary game is that it can also be played offline with local multiplayer and computers. It’s quite fascinating to experience the style and overall happy-go-lucky feel of the game.

Crispy Facts About Mobile Game App Ludo King

• Ludo King has been a proud member of the list of top 5 widely played games in free time including games like Rummy, Teen Patti, and Poker.
• In 2020, the net worth of the gaming app was around $285 million and the graph is still increasing this year
• Within a very narrow time period after the launch, the application has received star ratings equivalent to 4.5
• The game offers multiplayer gaming modes with impressive UI, and UX interface and design makes it such a favorite especially among family and friends.

How Much Money and Downloads Ludo King Earned WorldWide?

Source: https://sensortower.com/ Ludo King owned by Gametion Technologies Pvt Ltd has claimed that it has clocked $20 million in revenue in 2020 with millions of downloads and users all around the world. Ludo King, being India’s first gaming app to cross 500 million downloads worldwide in December 2020 has shaken the online gaming industry upside down.

As per Vikash Jaiswal (founder of Gametion Technologies), the app has witnessed 4X growth in revenue in 2020 especially after the sudden interest of users in mobile gaming during the lockdown. The lockdown has brought tears to multiple business owner but Ludo King being an exception has not only survived but also seen significant growth in numbers as people during the pandemic were getting more inclined towards online mobile gaming.

The founder also claimed that the Company is targeting 5X growth in revenue this year aiming to cross the $100 million mark with more in-app purchases and launching new features. Jaiswal said that in countries like Australia and Singapore, an average user spends $3-4 on in-app purchases while in India, the figure is minuscule which needs to grow.

Meanwhile, the major chunk of revenue Ludo King comes from advertising. Therefore, the Company is trying its level best to open up the horizons of other sources of revenue, for example, the Company is planning to introduce casual gaming tournaments (both physical and digital). This in turn will create opportunities for sponsorships and shift the burden from advertising which contributed to more than 70% of total revenue as only 30% comes from in-app purchases.

Apart from Ludo King, Gametion Technologies also offers other games including Carrom and Sudoko King. But, Ludo king is surely its flagship property and will continue to be so. Over the last nine months, Ludo King saw its monthly average users rose from 110 to 142 million and its daily active users increase from 15 million to 32 million daily. Further, the game is played in 30 countries and available in 14 languages.

According to KPMG, the online gaming market of India is e3xpected to reach $1 billion with approximately 310 million online gamers by 2021.

Market Overview of Ludo Game App Ludo King

• Ludo King earned $20 million in revenue in 2020.
• Ludo King became India’s first gaming app to cross 500 million downloads till Dec 2020.
• The Covid-19 has increased the number of downloads and in turn, overall revenue for the Company as people had a lot of free time.
• The Company generates 70% of its revenue via advertising and 30% from in-app purchases.
• This year the Company is aiming to cross the $100 million mark with more in-app purchases and launching new features.
• The in-app purchase in countries like Australia and Singapore is far better than India where an average user spends $3-4 on in-app purchases.
• The Company owns other games too but Ludo King is still its flagship product.
• The game is played in 30 countries and available in 14 languages.

Board Games App Like Ludo King Trends

Source: Technavio Games like ludo and snakes & ladders are regarded as cult games that are immensely popular among families but the fast-moving life did not make it feasible to sit with your loved ones and enjoy playing these games. A big thanks to this digital era has brought these games back with a bang in the form of applications that can be easily played over mobile phone devices.

Generally, due to the busy schedule people are unable to manage to play these games which form a huge part of their childhood memory. But the technology has introduced a platform where we can find a room to adjust ourselves and enjoy games like ludo and snakes & ladders without hampering our schedule.

This is all possible due to the technology. Technology has shattered all the barriers allowing people to formulate a bond of love, belongingness, and happiness with their families and friends by connecting remotely with each other over this refreshing game.

According to a report published by Technavio, “The global board game market size is expected to grow by 5.17 billion during 2019-2023.

How Mobile Game App Like Ludo King Make Money?

The first thought that comes in every business owner who makes a significant investment in terms of time and money in building a gaming application is the way an application can earn money. There are various methods described below by which an app like Ludo King make money:

Fixed Percentage Model

Under this model, the administrator sets a certain percentage over every game which is being played and can make alterations to it at a later stage depending upon the choices of the players. In this way, you can generate the outcome for the money being invested.

Ads Management Model

One of the prominent methods of earning money is through third-party advertisements. Hence, the administrator has to take care of the regular flow of advertisements to make sure that the brand earns an adequate amount of earnings from third-party websites or platforms.

Earn and Refer Model

If the administrator keeps a feature in which there is an option where you can refer the game to other users, there are high chances that more users will get attracted to the game. Depending upon the marketing model opted by the administrator, the marketing plan can be executed. Also, depending on the user management and server traffic, this activity can be monitored.

In-App Purchases Model

This is one of the most highly grossing strategies to make money through gaming applications. In order to enhance the profile, the gamer can buy certain credits or points. The administrator also has the option to integrate e-commerce options within the application for encouraging more in-app purchases.

How to Play Ludo Game App Like Ludo King?

There are various modes provided by Ludo king making it very interesting among the users. There are mainly four options:

Computer Mode

Under this mode, the PC is selected as the opponent player and is one of the simplest modes to play at ease.

Local Player Mode

The gamers can play and enjoy this beautiful game with their family and friends over the same phone by using this mode.

Multiple Player Mode

The multiplayer mode allows users from any part of the world to play the game sitting at home.

Private Mode for Multiple Players

Under this mode, a private virtual mode is created for multiple players which can be the friends or family members of the user/gamer.

How to Design a Ludo King Clone App?

Factors including designing, user interface, UX, number of platforms, and testing etc are very critical to build a good quality game. There we have curated a list of some major factors that need to take into consideration while ludo game app development.

The Ludo Game App Design

Gaming is all about a great experience. The game will not be a success unless and until it engages its users with its application design, interface, theme and concept. For example, the interface of the Ludo King App is very user-friendly. Further, if we talk about UI, it is well managed with engaging graphics. Also, it provides its users with amazing sound effects and impressive images to magnify the overall vibe of the game. Most important is to gather maximum user attention and that’s why designing a face involves a lot of time, money, and effort. Hire Skilled and experienced developers are essential for any Company to fulfill these requirements.

Number of platforms

The number of platforms decides the number of specifications and features integrated into any gaming application. There are majorly three widely used platforms – Android, iOS, and Windows. Additionally, the creation cost of the game application depends upon the stage that is selected. The mobile game development cost for Android is high unless there are various devices over which the application can be tested again.

The application size

Increasing the scale enhances the game quality and appeal. The size of the application helps in deciding the capacities, features, and additional items that you might want to integrate into your mobile gaming application. If you choose to include various elements in your application like themes, players, graphics, and other similar factors) then you should be ready to pay more than the average amount.

Ludo Game App Testing

No gamer would like to face any hindrance in terms of glitches and interruptions while playing. The gaming application should be bug-free to give the best-uninterrupted gaming experience. Therefore, developers need to test the mobile device over a few stages to create a bug-free application. This is the most critical aspect of the testing process and no game developer should skip testing while ludo game app development.

How to Develop Mobile Game App Like Ludo King?

Activities Prior Ludo King App Development

The most important step before the development of any application is the documentation of the concept or idea. It should be completed and done prior to the development stage. As soon as the design of the game is done, project planning is completed.

App Like Ludo King Development Phase

Once the activities prior to the development stage are completed, there comes the stage when actual development begins. Under this stage, programming is executed and completed, audio-visuals are created, and various quality checks are conducted.

Activities Post Ludo King Clone App Development

Under this step, we take into consideration such activities including support, maintenance, and customer service etc. These activities fall under this step.

Also Read: Want to Develop a 2D Game? Reasons You will Always Want to Choose Unity Game Development!

Features of Ludo King Clone App

User-Friendly Interface

The user-friendly interface helps developers to learn and use the platform effectively and quickly. Developers must focus on delivering an immersive experience when it comes to virtual gaming. The interface should be made in such a manner that the users don’t face any difficulty or hurdle while using the app. Developers must utilize the latest components and comply with different UI guidelines. Designers need to create eye-catching 3D images with high resolution to attract users for a longer period of time to offer a next-level experience. This requires proper time and research.

Cross Functionality

Ludo game supports cross-functionality. At present there are multiple OS in the market and developing code for every OS can be a very time-consuming and costly affair. It increases the overall budget of the project to a great level. Ludo game development code can be used with multiple operating systems for executing the same code of several platforms and launch the final product in a short span of time with the same functionalities. You should consider building a cross-platform application for major operating systems.

Invite, Earn and Play With Friends

For any gaming app to be successful in the long run, it is essential to turn its players into loyal gamers and engage them as much as you can. You can offer exciting features to your players to get more users and increase your brand’s visibility. Give access to them to recommend the game to their family and friends and give some bonus points. These freebies in the form of bonus points act as a catalyst in popularizing your app among users and they get motivated to recommend the app to other players. This feature will immensely help in increasing the number of downloads.

Single/Multiplayer

Ludo offers both single and multiplayer options to gamers. It provides an opportunity for gamers to play the game with their family and friends. This is the best way to cherish and relive the memories of their childhood. In case of the absence of a partner, the player can play in a single mode. Admin panel searches for an available partner and plays the game testing the skills across the globe.

Live Text and Video Chat

For enhancing user experience, a feature of live text and video can be integrated into the ludo game. This gives a chance to the users to interact among themselves and turn the game into an engaging platform. The users can have a video chat to avoid the hassle of typing again and again.

Daily Free Bonus

Users get the opportunity to unlock the advanced level stages and even win the bonus points on a daily basis. This promotes the relationship with the players and will help in beautifying the platform. If you offer your users a daily free bonus then it might help in popularizing the platform to a great extent. It also can lead to unlocking new themes and various functionalities. The users must get the rewards in a seamless manner.

Offline Mode

This is yet another very important feature that must be integrated into the ludo mobile gaming app. Give access to your users to use your app in offline mode. This means that internet connectivity shouldn’t be needed to use the functionalities of the application. Hence, playing with friends and family can be possible even without internet connectivity. Travelers can take advantage of this feature as even today in some areas there is no internet connectivity.

Invite Friends

With the ludo application, users can relive their memories of childhood and enjoy the game with their friend and family at a private table. They can create a room and send the code to their friends so that they can join without any hindrance. The code can be sent through various social media platforms including Facebook and WhatsApp directly to the users. That code is a ticket to enter the game and play virtually with other team members anytime and from anywhere.

Play with Real Money

With the ludo gaming app, players also get a chance to earn real money. For turning the game interactive and engaging, players can bet on some particular amount in their budget and continue the game. It will give them a sense of motivation to play the game and earn some bucks. This feature will prove to be a great help to the owners of the game to attract new players and raise their revenue.

Global Ranking

Various factors decide the rankings, for example, how many coins one player has earned, how often one plays the game, how many championships one has won, etc. The global rankings keep on changing on a real-time basis and that’s what makes this game more addictive and thrilling.

Multiple Languages

The game is not just popular in India but around the globe. Now as the game is played worldwide, so it comes with an option of bilingual language so that no matter where you are and what language you understand, you can easily enjoy the game in your language.

Real-time Chat Support

While playing the game, users can have a live chat with one another. This feature has enabled the users to connect among themselves and play the game while making various strategies.

Rush Mode

This mode has helped the game to become more competitive and interesting in a short duration of time. Here, the rules are modified in order to make the game more thrilling. In ‘rush mode’, the player instead of waiting for the other player’s chance to end, can keep on rolling his dice until you get what you want. Here, the aim is to get to the finish line at the earliest by beating other players and sending them to where they started. Earlier, the fate of the token relies upon the rolling of dice, unlike rush mode which is a more exciting version of ludo. Further, under the rush mode, the players also get bonus points after grabbing the tokens of other players, but the winner is the one who survives until the end as there is no finish line.

Missions

There are several missions and challenges at various levels within the game. These missions and challenges make the game more exciting as players are rewarded with bonus points and codes to unlock various exciting themes and features after winning over the missions. For maximizing the rewards, the missions have a turnaround time limit that needs to be stick to.

Also Read: How to Hire Mobile Game Developer? Cost, Hiring Platforms & Technologies

Ludo Game App Development Admin Features

• Admin Login Authentication
• Dashboard displaying parameters concerning sales and marketing
• User Management
• Leader Board – Local, National or Global
• Manage tournaments
• Manage table entry fee
• Wallet management for transactions
• Manage coins to be given to users
• App version management
• Notice management
• Manage chats
• Notifications
• CMS (Content Management System)

How Much Ludo App Development Cost?

It is very hard to depict a definite figure as it cannot be determined except you finalize your developer and discuss all of your project requirements. It is very critical to outline the prerequisites against time and endeavors that will be invested in the phase of development before assessing the cost. If the developers and designers you have hired are experienced and skilled, the Ludo game development cost will shoot up accordingly.

The Ludo game development cost directly depends upon the number of features added to the app. For example, if the design is straightforward and simple, the development cost would be lesser and vice-versa.

Ludo App Development Cost Factors

• Size of the application (whether it’s small, medium or large, depending upon the features)
• Level of UI (Either MVP, Basic or Polished)
• Level of UI (Either MVP, Basic or Polished)
• Signup options and user accounts (e.g. Facebook, email, Google account, Twitter)
• Social engagement (providing a message box, chat box, forums, or commenting, sharing, referring)
• User admin pages
• Intercom
• Usage analytics
• CMS Integration
• Performance Monitoring
• Multilingual Support

All these factors play a crucial role in deciding the number of resources to be invested in your game app like Ludo King.

Let’s have a look at the average app like ludo king development cost for you in pointers to construct your app:

• The Ludo game app like Ludo King with basic features: $5,000
• Ludo King clone app with advanced features: $10,000
• Mobile Game App Like Ludo King with extra functionality: $15,000

In order to decide the Ludo app development cost, the development partner also plays a vital role. If you are choosing the best game application development Company which has immense experience in delivering high-quality gaming solutions, then the project’s cost will increase obviously.

Also Read: Why Hire Unity Game Development Company?

Choose The Best Ludo Game App Development Company

If you are searching for a Company to develop a robust gaming application like Ludo King and you have landed over this article, then guess what, you have hit the right spot. PuzzleInnovationz is a well-known Ludo game app development Company that is based in India and has its customer base all around the world including all the major countries like the   GA, Australia, Singapore, UAE, UK and Russia.

The best thing about PuzzleInnovationz is that it is not just confined to game development but also specialized in taking care of your business needs like marketing. We are a team of experienced and talented professionals who can take your business to a next level with our outstanding and customized marketing strategies. Also, Stay tuned with the article to get the complete knowledge of how to develop a gaming application like Ludo King.

Conclusion: Ludo King Clone App Development

We hope this article will be of great help and now you must have understood how to develop a game application like Ludo King. We have tried our best to give you a good idea regarding all the aspects of building a gaming app like Ludo King. If you want to know more and planning to develop a Ludo King Clone app then feel free to speak to our professionals and we will guide you in the best possible manner. We have a robust team of eminent game developers and designers who are well versed in developing a high-quality mobile gaming application. With PuzzleInnovationz, you can kick-start your project and turn your dream into a reality. All the best!

FAQ’s On App Like Ludo King

Will You Provide the Source Code of Ludo King App Clone?

Yes, we do provide our clients with the app source codes. This way they can customize it shortly as per changing user expectations. But for that, the user has to make the complete payment.

Can I Change or Add My Own Rules to the Ludo Game?

Yes, customization is fully possible depending upon your requirements. We can make any changes as per your request.

How Much Does it Cost to Develop Ludo King App?

The cost to develop an app like Ludo King depends on various factors such as the time needed, resources invested, and the technologies. Talk to our professionals to get the exact cost details. We will offer you the best-quoted price as per industry standards.

Can I Make Money From the Ludo King App?

Yes, you can monetize your Ludo Clone Game Software by opting for the freemium model and ad-supported game model. We make sure that the game is developed according to your revenue model.

Do You Have any Previous Experience in Game Development?

Yes of course. We have developed several gaming apps and have more than 12 years of experience in this domain. We have also worked with some big names in the industry.

How Can I Get More Details?

You can either connect with our support team over a call or you can mail us concerning your project. You will get all the contact details on our website – www.PuzzleInnovationz.com.

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