Who fancies to do their mundane daily tasks? Well, it seems like very few people, if we consider or refer to the success of apps such as “TaskRabbit.” The business philosophy of TaskRabbit is simple: helping hard-working individuals in their community find meaningful work. And when we talk about what this amazing platform does it connects two different sets of people – people who have more money than time with the set of people who have more money than time.
In 2008, TaskRabbit founder Leah Busque discovered that she had more money for dog food than the time she had to actually go out and buy it. She thought about giving small merchandise a couple of dollars to many people like her. With this perspective, she started with RunmyErrand which is actually the predecessor of TaskRabbit.
Many variables can be involved in the cost of creating an app like TaskRabbit. Without understanding the major factors of such a mobile app, such as app business logic, functionality, development team location and structure, no mobile app development team can provide you with a detailed cost estimate.
You will find, however, the costs to build apps and their features below if you have any indication of your app capabilities. In addition, you can find tips on app MVP in this post, which includes prioritisation and production costs based on the difficulty of an app.
But first of all, let’s figure out the key steps in calculating the cost of your mobile app.
How To Estimate In Five Stages The Average Cost Of Making An App
- Step 1: Ask a team for a quotation for mobile app production
Get in contact with a mobile app marketing team to receive a specific mobile app cost estimate.
- Step 2: Pick the number of smartphone channels
Developers need to decide if you want to create an app for iOS, Android, or both devices in order to provide you with a mobile app cost estimate.
- Step 3: Build a chart of app features
Mobile developers and market analysts can create a list of required features for your mobile app to illustrate your business model.
- Step 4: Prioritize the functionality of smartphone applications to be implemented in MVP
To confirm your business concept, ask smartphone developers to prioritise only certain key features from the master list.
- Step 5: Ask the marketing team to predict the key features of your app.
Ask developers of mobile applications to determine a list of must-have features that they can first introduce and get an average cost of accurate mobile app growth.
Cost Estimation: Feature Based
Justifiably, the more functionality you try to add to your mobile app, the more time it takes for the production team to build them.
We also compiled a table below with important mobile app functionality, tech stack, and the approximate amount of hours to give you a good idea of how much time and resources you’re going to require.
- Feature: User Login
Most smartphone apps provide users with registration via email or phone number in order to recognise the user. The most simple way to use an app, though, is to create a user profile automatically and gather all public information about a person using social media profiles, such as Facebook, Twitter, and Instagram, to sign in.
Time Estimate:
- For UI / UX architecture, 4 + hours
- 8 + hours for the back-end creation of the software using NodeJSS
- 8 + hours for convergence of features per platform (iOS, Android)
- Feature: Push Notifications
Push alerts are used by smartphone applications to remind users about real-time product updates, such as changes to order status, new content or new messages sent, and so on.
Time Estimate:
- The team will spend an average of 24 + hours incorporating this functionality into iOS software, with the same number of hours introducing it to Android apps.
- Feature: Navigation Bar
Push alerts are used by smartphone applications to remind users about real-time product updates, such as changes to order status, new content or new messages sent, and so on.
Time Estimate:
- The team will spend an average of 24 + hours incorporating this functionality into the backend of the app, with the 16+ hours introducing it to iOS and Android apps.
- Feature: Geolocation
This mobile app functionality can be useful not only for geolocation or navigation purposes, but also for mobile apps for food delivery, taxis, dating, or even travel apps.
Time Estimate:
- For the concept, 8 + hours
- For back-end, 8 + hours
- 8 + Android hours and the same hours for iOS integration
- Feature: In-App Messaging
You need a built-in networking platform if you are considering creating an online shopping marketplace, social media, real estate, or accommodation booking service.
Time Estimate:
- From 40 + hours to the back-end production of the messaging network
- Integrate messaging functionality to the Android or iOS app for 20 + hours.
- Feature: Database
Integrate your mobile e-commerce app database to view the number of products available, travel, or real estate app to notify users about deals available. For developing database-powered apps, data replication, and offline mobile app capabilities, database incorporation is important. In this way, the app capacity, loading time for requests, and memory consumption can be minimised.
Time Estimate:
- For back-end 10 + hours
- From 8 hours per platform for Android or iOS
Do not fail to estimate the following mobile app production costs in addition to this:
- Creation of back-end architecture: 20 + hours
- World Configuration: from 24 + hours
- Development: from 160 + hours
- QA: from 120 + hours onwards
- Bug Fix: Beginning at 60 + hours
- Control of Projects: from 100 + hours
- Documentation of the project: 30 + hours
How much does it pay for an app? In a nutshell, somewhere between $20-30 K the production expense of creating a basic app begins. However, you can significantly reduce this expense by prioritising functionality to incorporate the least possible product on your smartphone app. How would it be done? Let’s explore it.
Cost Of App Development Based On Complexity: Basic, Medium, Complex
We divided apps like TaskRabbit even further into the following categories to show you how mobile app functionality and the cost of production differ due to app sophistication and added the average time in hours.
Now, let’s figure out how much the cost of software creation would vary according to the difficulty of the programme.
- Simple
- No API integration
- No back-end
- Basic UI components
- Simple features (email subscription, social login, calendar, etc.)
Time: 400+ hours
- Medium
- Custom UI/UX features
- Build-in payment gateway
- API integration
- Back-end server
Time: 500 to 800 Hours
- Complex
- Multi-language support
- 3rd-party integrations
- Custom animations
- Complicated back-end
- Custom UI/UX design
- Real-time features via database integration
Time: 800 to 1500 hours
The hourly developer rate has a huge effect on the expense of creating a smartphone app, aside from the sophistication of the app. The cost of one hour of work for mobile app developers ranges worldwide:
- Since Android/iOS developers charge $20 to $250 per hour, North America (the US and Canada) is the most expensive zone.
- There’s a marginally lower rate per hour for Australian smartphone app developers: $35-150
- Developers of Eastern European mobile applications charge from $20-$110 per hour.
- Around $30 to $140 per hour, developers in Eastern Europe charge.
Revenue Sources For Apps Like TaskRabbit
- Fees for Use
This fee is the premium paid by the service providers that supply consumers with service. Based on the service form, the amount of money the TaskRabbit receives from the venue, and other variables, you can charge a commission.
- The Peak Pricing
Peak pricing is a concept, like Uber’s spike pricing, in which the platform will raise the price of services in heavy demand. During activities and holiday seasons, peak pricing is highly helpful.
- Advertising
Advertising is one of the easiest revenue sources a marketplace programme might provide. You will bring local businesses’ related advertising in your app and gain money from it. The acquisition of potential clients will be of concern to several local firms. Both TaskRabbit and their clients can be threatened by marketers.
- Plans for Paid Plans
You should sell paying plans to TaskRabbit, where, in comparison to individuals, they can get exclusive benefits. Pay accounts, for example, would be able to access higher-paid activities. Next, they will now be able to see tasks from other regions, and on searches relevant to their tasks, they will be rated higher.
- Paying-Per-Lead
Taskers can be paid with a given number of leads. In this way, TaskRabbit ‘s competitor, Thumbtack, charges its taskers. In this way, the taskers would be able to easily receive professional assignments, improving their transfer rate.
- Certain Brands’ Alliances
Through working with diverse brands such as Amazon and eBay, the app will get affiliate fees on sales.
Conclusion
It takes time and hard work to create an on-demand app like TaskRabbit. It also needs a squad of developers of professional applications willing to take up the challenge. By opting to partner with a leading software development firm, you can gain access to their insights acquired from years of experience. Send the experts this job, and in the end, you will have a grin of happiness on your face.