According to SHRM, the average onboarding cost is $4100 per new hire.
And you’d have to hire a full development team.
Another option is hiring a group of freelancers to work on your app.
While this is a much cheaper option, the difficulty of coordinating them and potential quality issues are a significant downside.
And that’s why the best option is hiring a dedicated team.
A good dedicated team functions just like an in-house team, except they’re formed by a third-party agency or service provider.
And you get not just a team of experts to build your app.
You also gain a long-term development partnership.
It’s the best of both worlds – cheaper than an in-house team and more reliable than freelancers.
And that’s why you should go for it.
How to reduce mobile app development team costs
Hire a dedicated team – a dedicated team is cheaper than hiring a full in-house team and more reliable than freelancers, making it the most cost-effective option in the long-term
Use Agile methodologies – Agile methodologies like Scrum will help you better manage your team and speed up your app’s development
Effective project management – effective project management is essential if you want to reduce your app’s development time and costs
App maintenance and updates
Regular maintenance and updates are key to your mobile app’s long-term success.
And they’re not just about fixing bugs.
They also include compatibility updates with new OS versions and security patches to protect the data in your app.
Regular maintenance and updates will keep your app functional, secure, and relevant in a competitive market.
Get exclusive founder insights delivered monthly
But, maintenance and update costs can add up quickly.
As a general rule, you should budget 20% of your initial development cost for maintenance annually.
This might sound like a lot, but you get a lot in return.
The main benefit is an increased user retention rate – 90% of usershave stopped using an app due to poor performance.
Regular maintenance is key to preventing that from happening to your app.
And that’s why it’s so important.
How to reduce app maintenance and update costs
Rigorously test from the start – investing in QA from the start will help you avoid major problems once you launch your app
Automate testing – automating testing will reduce your time and labor costs when compared to fully manual testing
Continuously monitor your app’s performance – if you continuously monitor your app’s performance, you’ll be able to proactively address any issues your app might have
How much does it cost to develop a mobile app: FAQs
On average, here’s how much developing a mobile app costs:
The type of app you’re building and its complexity
Native or cross-platform development
UX/UI design
The mobile app development team
App maintenance and updates
The complexity of your app’s features is one of the key cost factors when developing a mobile app. Complex features take longer to develop and are more costly.
The 2 best ways to reduce your maintenance costs is automating testing and continuously monitoring your app’s performance. If you do, you’ll make maintenance simpler and reduce its cost.
Need a mobile app?
Developing a mobile app is a great idea for your business.
When something unusual happens, Vlado is the man with an explanation. An experienced iOS Team Lead with a PhD in Astrophysics, he has a staggering knowledge of IT. Vlado has a lot of responsibilities, but still has time to help everybody on the team, no matter how big or small the need.
His passions include coffee brewing, lengthy sci-fi novels and all things Apple. On nice days, you might find Vlado on a trail run. On rainier days, you’ll probably find him making unique furniture in the garage.
