We are facing a major lifestyle change that has affected our day-to-day life. People are afraid to venture outdoors and we are constantly in between lockdowns. For your business, now is the right time to invest in such apps. While there are many such apps in the market for essential items like food, groceries, etc, the alcohol sector is largely untapped.

On average, the United States has an annual consumption of 8.93 liters of pure alcohol per person. The US ranks 25th on the list of countries with the most alcohol consumption. Combine that with the high revenue-generating capacity of the on-demand delivery apps and entrepreneurs are sitting on a goldmine of opportunity. Hang in there while Idea Ushers experts explain to you the nitty-gritty on how to make your own alcohol delivery app. 

What are on-demand delivery apps? 

The on-demand delivery apps are best described as online marketplaces that help users purchase products/services. These apps are developed in order to cater to several providers offering faster delivery for customers to get almost anything they need at a convenient location.

Like it or not on-demand delivery apps are here to stay. Banking on their scalability, cost-effectiveness, flexibility, and mobility they are shaking up the consumer market.

Scope of alcohol delivery apps

The pandemic taught us more than ever the pangs of running out of booze while being confined to our home and not having the option of running to our nearest liquor store. In times like these, the option of having alcohol delivered to our doorstep feels like a necessity rather than a luxury. No wonder there has been a surge in the development of alcohol delivery apps.

How Covid-19 changed the liquor (alcohol delivery software) business?

The world as we know it changed forever in 2020. The power of the internet became more evident than ever and the alcohol industry did not go unscathed either. The beverage market, one of the most thriving contributors to the US economy slumped with the closure of pubs, bars, etc. And alcohol consumption was down by 14% in April 2020 according to Accenture’s COVID-19 consumer research. In the meantime, the online sales of liquor skyrocketed, up an astounding 339%. 

According to reports by New York-based survey firm, Nielsen, alcohol is the fastest-growing e-commerce department among consumer-packaged goods and it continues to show healthy growth. 

Who are the big players in the alcohol app market?

The millennial mantra of convenience over cash means the alcohol-delivery space is booming and the options are only increasing day by day. While the jury is still out about the best app for alcohol delivery, the following apps are emerging as consumer favorites-

• Drizzly- a start-up based out of Boston and made exclusively to deliver liquor
• Boxed- delivers everyday essentials including alcohol
• Saucey– an alcohol delivery app based in Los Angeles and several other cities

In fact, the Drizzly liquor delivery app saw a big leap in sales from March witnessing a 550 % jump in sales.

Also read: How does Drizzly work?

Is it a good idea to invest in an alcohol delivery app?

Yes! If the above facts are not convincing enough then here are some more stats:

The liquor industry is one of the most lucrative markets globally, generating a revenue of USD 222,098M in 2020 alone. And it is predicted to only grow with a valuation anticipated to reach $1,684 billion by 2025. 

A liquor delivery app is bound to gain momentum due to:

• its convenience
• user-friendly interface
• the promise of better brand visibility and contactless delivery

But more importantly, the online alcohol market is a relatively virgin sector with most of the liquor being sold offline to date. This means that with the right app features, you have the scope to bring a revolution in this sector. 

Features of alcohol delivery apps

An on-demand alcohol delivery app is meant to connect the buyer remotely to an alcohol retailer.  Customers can browse through the catalog of liquor available and order their choice to be delivered at their doorstep. So, what does it take to develop the Uber of the alcohol industry? 

Apart from the basic search and filter options, store locator, delivery tracking, geolocation along easily viable payment options are the necessities to endear you to your niche customer base. Let’s take a look at some important features that should be an integral part of every booze delivery app.

Alcohol Delivery Customer App

1. Sign Up/Sign In
2. Store Locator 
3. Search/ Browse products
4. Smart filter
5. Schedule Delivery
6. Re-order
7. Order Tracking
8. Reviews and ratings
9. Notifications
10. In-app payment
11. Order history
12. Special promo and offers
13. Help and support

The user can sign in, choose the location of delivery, browse through the catalog of alcohol, choose from them and order the booze. Then they can pay for the service, wherein they will be shown the driver details and can track the order till they receive their order. Options will be provided to rate and review the product once it is delivered.

Alcohol Delivery Driver App

1. Registration/Sign in
2. Availability toggle
3. Accept/Reject requests
4. View order details
5. In-app navigation
6. Delivery history
7. Help and support
8. Rate and review
9. In-app chat

Alcohol Delivery Store App

1. Product listing
2. Inventory management
3. Manage product information
4. Accept/Reject requests
5. Track delivery person
6. Invoice generation
7. Manage promotions 
8. Notifications
9. Manage ratings and reviews
10. View customer details
11. Help and support
12. Availability toggle
13. Reports and analytics
14. Age and document verification

Admin dashboard

1. Log in
2. Oversee customers
3. Handle delivery executives
4. SUpervise liquor stores
5. Manage products
6. Control promo and offers
7. Track orders
8. Track payments
9. Manage newsletter
10. Manage notifications
11. Manage ratings and reviews
12. Business analytics and reports

Here is a walkthrough video of the admin panel of one of the alcohol delivery apps from our portfolio. You can check it out to better understand how the features included in the panel work.

Advanced features

1. Save Card Details

You can offer to save the customers’ card details so that the next time the customer makes any transactions, they can pay directly by entering the CVV of the card. This saves the customer the hassle of entering the card details every time they make a transaction. 

However, card information is very sensitive and needs to be secured when making payments online. 

2. Cost calculator

This enables the consumers to compare the cost of drinks so that they can find drinks as per their budget.

3. Product Description

This will inform your potential customers about your products to generate more sales by allowing consumers to make informative decisions and also increase your visibility online.

4. In-app referrals

This feature offers existing users incentives when they refer to the app. This way, both the new and existing app users feel the need to use the app and enjoy the benefit besides promoting your app.

5. Add favorites

If a user sees a product they like, but aren’t sure whether or not to purchase it right away, they can save it for later via the add favorites option.

6. Share product details

With this option, you can encourage potential customers to share the details of the products so others could buy them for them or order them themselves. 

7. Scan alcohol labels

Users can scan the alcohol label and find out reviews, product details, prices, offers, etc.

8. Heat Apps

This allows the app owner to track visitors’ behavior patterns meaning the owner is aware of the areas with better order rates, hot pickup, and drop-off places. 

How to monetize your liquor delivery app?

1. Ad management plugins

These apps are an appropriate platform to promote ads related to services and products featured on the app. Advertisers are often willing to shed out big bucks to run ad campaigns on these apps to reach out to a wider audience.

2. Delivery charges

Depending on the distance of the user from the liquor store, app owners can slap an extra delivery fee on the order. This delivery fee may be a flat rate or you may apply dynamic delivery charges in which case the charges depend on the distance, timings, weather condition, or current situation. 

3. Commission based revenue model

The simplest way to generate revenue is wherein the app owner gets a cut for every order placed via the app.

4. Featured listings

The alcohol manufacturers are desperate to ensure that their outlets are featured at the top of the screen to increase visibility and would be ready to pay a hefty amount to ensure that their product stays on top of the list. It increases their chances of sale and is a profitable revenue model for alcohol delivery apps

5. E-store

The feature is an extra way to earn revenue where you sell products related to the beverage industry like mineral water, wine glasses, beer mug, etc. This is convenient for the business and app owners as well as the consumer.

Cost of developing on-demand alcohol delivery app

There are various factors contributing to the cost of developing the app-from the type of platform to launch the app to the level of complexity, advanced features among others. 

App Platform

It is always better to decide beforehand which app development service you want for your app-iOS or Android. Depending on your budget, you can launch your app on both these platforms or either one of the two. 

Advanced features

Besides the basic features mentioned above which are a necessity for these types of apps, you can make your app stand out among others by introducing some special features. However, this will lead to extra charges which is why you should go for features according to your budget.

Technology Stack

To make your app more appealing to the user, it is important that the app comes integrated with the latest technologies. This will add on to the development charges and includes-

Required Team Structure

It is important that the team that you hire to make a delivery app is well versed with the latest app development trend. Finding the right team is difficult. And before hiring anyone for the job you should be aware of the app development team structure comprising mainly of developers, designers, and managers.

• Business analysts
• Project manager
• iOS & Android developers 
• UI/UX front-end developers
• Back-end developers
• QA professionals
• Sales and marketing

Country

The app development cost also depends largely on the country or the region where your app development company is located. Here are some approximate hourly costs of developers as per different countries-

USA developers: $80 to $100 per hour
UK developers: $50 to $75 per hour
Europe developers: $40 to $60 per hour
India developers: $25 to $40 per hour
Australia developers: $50 to $70 per hour

The above factors are mainly to be taken into consideration while developing the liquor delivery app. However, depending on the app development platform chosen (Android, iOS, or both) and the country of development, the cost is bound to fluctuate. It is important to take all these factors into consideration beforehand and put together an estimation that does not compromise the quality of your app.

Stepwise method to develop an alcohol delivery app

Plan the concept of the app

Before moving any further, the owner should have a clear idea about the purpose of the app and how they would like to app to function. Once the core idea behind developing the app becomes clear, it is easier to move on to the next steps.

Devise mock-up models

58% of users are said to delete an application frustrated by User Interface inconsistencies. 

If you do not want your app to meet the same fate, then you should ensure a good user experience. 

A good user experience can only be achieved when your user interface is good. A major step in the designing process that many app developers tend to overlook is to create app mockups. Creating one or several mockups can help you check plaguing concerns like user frustration, app abandonment, and more.

Most developers are also not aware of market preferences, color psychology, design hierarchy, and more. Developing a mockup gives you an idea about how the app will look and feel once it’s ready to hit the market. 

The wireframe is a simple, inexpensive way to build app mockups and evaluate them.

Hire the right app development company

Keeping in mind the team structure mentioned before, the next step is to approach a well-qualified and experienced app development company that can put your thoughts into action. Schedule an appointment where you can put forth your goals and envisioned features for the app along with the timeframe within which this should be achieved. 

Choosing the monetization model

Based on the different kinds of monetization techniques provided, you need to decide the method by which you want to generate revenue from your app.

Select the right tech stacks

There are a multitude of options to choose from and selecting the wrong language or framework may cause serious consequences. A few points are to be kept in mind before choosing a purposeful tech stack-

• Platform
• Scalability
• Performance
• Team Expertise
• Maintenance 
• Cost
• Security

Depending on the requirements of the project, your team of professional developers can suggest the best tools to develop a scalable and highly functional app that will beat the competition.

App testing

Since your app is almost ready to be launched now, quality assurance testing is necessary before giving it a final nod. A software development lifecycle (SDLC) is incomplete without quality assurance (QA) testing. QA testing is necessary because of the following reasons

• Catches defects early on saving the owner a lot of money
• Offers an objective, third-party perspective on the product.
• Improves user experience
• Ensures product security

How Idea Usher can help in kick starting alcohol delivery app?

Idea Usher has a dedicated team of mobile app developers, who offer affordable and high-quality mobile app development services. 

Here, you can consult with the industry experts and choose from a wide range of innovative application solutions. They will ensure that you keep up with the changing demands of modern customers so that you emerge a winner in a competitive environment.

Final words

The alcohol business is already a flourishing market. If you combine that with hassle-free doorstep delivery and a plethora of liquor stores and brands at the customers’ fingertips to choose from, you have a money-making venture sitting on your lap. With the right features and proper implementation by the app development company, you are likely to build a user-friendly mobile alcohol delivery app that can bring a revolution spanning both the beverage and mobile applications industries.

FAQ

Q. If I want more features for my app, can the app developer help me?

A. Yes, the developer can always integrate additional features as per your “requirement”.

Q. Does your company provide post-launch support?

We are ready to be with you throughout your journey and offer support at all steps. You can contact us and discuss with our experts the details.

Q. Can each order be tracked separately?

A. Yes, the app will be designed in a way that each order can be tracked individually with utmost precision.

The post How to Make Your Own Alcohol Delivery App appeared first on Idea Usher.

YouTube is a major source of music streaming, but it has its drawbacks. For example, it’s difficult to download music, and you have to stay online constantly.

This led to many music streaming apps like Tidal, SoundCloud, iTunes, Grooveshark, Spotify, and Google Play.

What is a music streaming app, and how does it work?

A music streaming app is a place for users to search and play any music online for free. If the user wants to download the music or stream offline, a paid subscription will be required. The app also allows the user to search based on the album, genre, artist, and more.

The reason behind the popularity of music streaming apps

• Quick accessibility
• Affordable
• Plenty/ unlimited storage
• Social integration

Market Overview

Music streaming apps are well known for the comfort that they offer to their users. 

• The dynamic industry is evolving quickly and is expected to exceed $10 billion by 2023.
• The median revenue per user is approximately $26.
• The music streaming market is even more crowded than a year ago, with many new players entering the fray. Spotify has 36% of U.S. music streaming subscribers, according to a recent PwC report. That’s up from 25% two years ago and 18% in 2013.
•  Apple has approximately 60 million paid subscribers for its music streaming service Apple Music.

Current market leaders

1. Spotify

If you’re a fan of music, chances are you’ve already heard about Spotify from friends or followers on social networks. What makes it different from other streaming services is that you can listen to any song in the same way as a radio station – it’s a whole new way to discover and listen to your favorite songs.

Also read: Spotify Stats – What Makes A Music Giant?

2. Pandora

Pandora is changing the way people experience music and podcasts—forever.

A personalized music and podcast discovery platform that captivates and keeps your audience, Pandora is free and easy to use. Based on a user’s musical tastes, they curate inspired, high-quality personalized radio stations that sound just like the music they prefer.

Also read: Build Music Apps Like Pandora

3. Apple Music

The Apple Music service not only offers you to stream on-demand any track from the iTunes catalogue but also access all your music in one place, whether purchased from iTunes, copied from a CD, or downloaded from the web.

App Development Process: Points To Consider

There are multiple things to consider before starting off the app development process. The top 3 are mentioned here for you. 

Types Of Music Streaming Apps

It is important to determine which type of music streaming app you want to build. Here are the three common types:

Since Tidal is a server-based music streaming app, we will learn how to build a music streaming app with server-based music library.

Data Storage

It’s important to take care of streaming data storage before you begin developing a music streaming app. One option is to stream through third-party APIs.

If you’d rather not use a third-party service, you can also host your own app on a server. In this case, you upload your songs to a directory somewhere on the web.

Platform

It’s too difficult to develop applications for two platforms (iOS and Android) at once, so you should start with the one that makes the most sense for your business. For example, Apple Inc. created an Apple Music app for Android devices because Android users account for almost over 80% of app users around the world.

If you’re on a budget, it’s possible to choose a platform for your app based on your target audience and their preferences. For example, in the US, people prefer iOS devices. While in Europe people prefer Android devices.

Features of a music streaming app like Tidal

When it comes to music apps, Tidal is king for a reason. Music services with only average features don’t stand a chance in the market. These are the top features you need in your music app if you want it to rank.

1. User Profile

Your app needs to create a profile for each user and recognize the user across all devices.

2. Search Bar

The app must allow users to search and play songs. Thus, you need to add filter options based on track title, artist name, or genre and save their favorite music.

3. Real-Time Notifications

Users will be able to receive push notifications about the latest song tracks, updates, and more.

4. Playlist

The most important feature to add is the ability for users to save their songs in their playlists, edit, and listen to them online and offline.

Cost (according to the features)

Few more factors that can affect the cost structure of your music streaming app

• Advanced admin panel (adds around 430 hours more)
• Design 
• Advanced features like recommendations, preferences, personalized notifications, social sharing, trending artists, etc.

Tech Stack

To start off your app development journey, you need to assemble a team of tech genies, namely in the following specialties:

• Business Analyst
• Project Manager
• UI/UX designer
• QA engineer
• Developers

The tech stack of music streaming apps requires various programming languages, for example, Swift and Kotlin, as well as a scalable database.

As an inspiration, you can consider the tech stack used by Spotify:

• Programming languages: Python, Java
• Frameworks: Hadoop, Apache Storm, Hub Framework
• Server: Nginx
• Cloud storage: Amazon S3, Google BigQuery
• CDN: Amazon CloudFront
• Database: PostgreSQL, Cassandra
• Tools: Bootstrap, Kafka, Google Analytics
• DevOps: Docker, Datadog, TestFlight

Monetization methods

How can you make your music streaming app profitable?

Apart from offering the users what they want, there are two common ways of monetizing a music streaming app:

• Subscriptions
• Advertisements

1. Subscriptions

Monetization through in-app purchases and subscriptions enables companies to get revenue on a regular basis.

2. Advertisements

Similar to YouTube and Spotify, you can earn a good revenue via in-app advertising.

Stages of Music App Development

The creation of a music app is a complex and multi-stage process. To ensure that the end product meets the expectations of users, it’s important to follow a structured and thorough approach. Here are the eight stages of music app development:

1. Market Research

This is the initial phase where developers conduct market research to understand the target audience, competitors, and industry trends. The information gathered here is used to inform the development process.

2. Preparation of Technical Specifications

In this phase, the technical specifications of the app are defined. This includes the software and hardware requirements, the app architecture, features, and functionality.

3. Prototyping

In this stage, developers create a prototype of the app to test the functionality and gather feedback from stakeholders. This feedback is then used to improve the design and functionality of the app.

4. UI/UX Design

This is where the user interface (UI) and user experience (UX) design of the app is created. This includes the visual design, navigation, and user flow.

5. Music App Development

In this stage, the actual development of the app takes place. The software is coded, and the app is built according to the technical specifications and design requirements.

6. Testing

This phase involves testing the app for bugs, errors, and compatibility issues. The app is tested on different devices and operating systems to ensure that it works smoothly.

7. Release

Once the app has been tested and all issues have been addressed, it’s ready to be released. This involves submitting the app to app stores and making it available for download to the public.

8. Support

This final stage involves providing ongoing support to users. This includes bug fixes, updates, and responding to user feedback.

Why to Choose Idea Usher

At Idea Usher, we provide end-to-end software development solutions for businesses and startups. Our experienced and skilled professionals have expertise in developing software solutions across various industries. We offer customized solutions that meet your specific needs and requirements. We follow an Agile development methodology that emphasizes collaboration, flexibility, and customer satisfaction, enabling us to deliver software solutions faster and more efficiently while ensuring quality.

We focus on innovation and cutting-edge technology, enabling us to stay ahead of the curve and deliver solutions that are ahead of the competition. We are committed to ongoing support, providing bug fixes, updates, and responding to your feedback. Overall, if you’re looking for a reliable and experienced software development partner, we at Idea Usher are an excellent choice for your next project.

FAQ’s

Q. What are the key features of a music streaming app like Tidal?

A. A music streaming app like Tidal should have features such as high-quality audio streaming, an extensive music library, offline playback, personalized playlists, social sharing, and easy navigation.

Q. What technology stack is needed to build a music streaming app like Tidal?

A. To build a music streaming app like Tidal, you will need a tech stack that includes programming languages like Java or Swift, a backend framework like Node.js, a database management system like MongoDB or MySQL, cloud storage services like AWS or Google Cloud, and streaming technology like HLS or MPEG-DASH.

Q. How do you acquire music licenses for a music streaming app?

A. To acquire music licenses for a music streaming app like Tidal, you will need to negotiate with music labels and artists or use music licensing services like Music Reports or BMI. The cost of acquiring music licenses can vary depending on the size of the music library and the popularity of the artists.

Q. How can you ensure the security of a music streaming app?

A. To ensure the security of a music streaming app like Tidal, you will need to implement measures like encryption of user data, secure login and registration processes, secure payment gateways, and regular security audits. It’s also important to comply with data privacy regulations like GDPR and CCPA.

The post Music streaming App Development like Tidal – Working , Features and cost appeared first on Idea Usher.

This is a vast market that has heaps of space for new applications. 

According to Bloomberg,

The live streaming business sector is projected to merit a faltering $4.26 billion market by 2028. 

Real-time features of mobile streaming apps, for example, YouTube, Netflix, Hulu, Twitch, and Spotify, offer a colossal assortment of video-on-request (VOD) substances like live transmissions, TV shows, podcasts, instructional exercises, etc.

Live streaming assists organizations with extending their scope, set up brand reliability, and catch more consideration. 

It’s no surprise that 82% of streamers lean toward live online recordings over web-based media posts, while 80% favor anything but a blog. 

Other than all the achievements and money you remain to make, enhancing this industry addresses an opportunity to benefit individuals’ satisfaction.

What is a live streaming app?

Before we understand how to develop live streaming app, let us first understand what it is.

Live streaming innovation allows you to watch, make and offer recordings continuously, somewhat like live TV. All you need is a web empowered gadget, like a tablet, and a stage (like a site or application) to live stream from. 

Current mainstream live streaming applications incorporate Facebook Live, Instagram Live stories, Twitch TV (frequently utilized by gaming enthusiasts), House Party, and Tik Tok. 

Dissimilar to pre-recorded recordings that can be cut and edited, live streaming is only that – live and uncensored. 

Some live streams can be private. For instance, Skype or Zoom video conferencing utilizes live streaming innovation to permit you to converse with individuals you allow. To ensure they stay private, they should be secured with passwords that shouldn’t be shared with individuals you don’t know. 

Some live streams are public and may be watched by hundreds or even more individuals. 

Watchers can remark and communicate live by posting messages that show up close to the live stream. They can likewise share emoticons like hearts.

What makes live streaming popular?

Many factors have given live streaming the fame it enjoys today:

• The motivation to live stream comes from unscripted television and YouTube, where you can communicate anything you are doing, on the spot, with the whole world. 
• Live streaming is fascinating to kids and youngsters. It’s an opportunity to be a maker, moderator, and be seen and heard by people. 
• Many live streamers love the feeling of being ‘at the time’ and connecting with family, companions, or even a worldwide crowd. 
• From a birthday message to friends and family to an effective Q and A, there are unlimited choices to communicate fun, significant, or energizing minutes live.
• Survey live streams let youngsters associate with their own #1 live streamers. They share remarks with different viewers and associate with them. 

 3 Types Of Live Streaming Apps

Live Broadcasting Apps

Live broadcasting apps allow users to stream and share real-time video content with their audience. These apps are commonly used for social media platforms like Facebook Live, Instagram Live, Twitter’s Periscope, and YouTube Live.

Users can broadcast events, performances, personal moments, and interact with their viewers through comments and reactions. Live broadcasting apps are popular for engaging with followers in real-time and building a sense of community.

Audio Streaming Apps

Audio streaming apps focus on live audio content, enabling users to broadcast and listen to live audio broadcasts. Podcasts, radio shows, music performances, interviews, and live events are typical content found on audio streaming apps.

Examples of such apps include Spotify’s live audio feature, Clubhouse (known for its audio-based discussions), and other podcasting platforms that offer live recording and streaming capabilities.

Video On Demand (VOD) Streaming Apps

While VOD apps primarily focus on pre-recorded content, some also incorporate live streaming features. Users can access a vast library of videos, movies, TV shows, and other content on-demand. Additionally, some VOD apps offer live streaming channels or events alongside their on-demand content.

Examples include Netflix, Hulu, Disney+, and Amazon Prime Video, which offer a combination of both on-demand and live content for specific events or shows.

Can live streaming be monetized?

Why indulge in live video streaming app development? Can people make money by live streaming? Absolutely!!

Studies show that crowds invest 3x more energy observing live video and that 47% of individuals are streaming more live video than last year. 

It’s a goldmine! So how do people benefit from it? 

Well… 

There are five principal ways you can earn money from live streaming. 

• Dispatch your foundation 
• Make your product
• Discover streaming sponsors 
• Request Patreon Pledges
• Join affiliate scheme

1. Launch your platform

The most beneficial approach to bring in cash from your live streams is to have your platform. In particular, a Netflix-style live web-based feature. 

This is a stage where you can: 

• Host your live streams 
• Charge a month to month membership expense 
• Have control of your advertising 
• Keep 100% of what you procure 

Live streamers that change from outsider streaming stages to their facilitated setting proceed to procure a normal of $5800 per month – with many acquiring substantially more than that.

2. Make your product

Making your product is a brilliant method to get paid to live stream. They can come in a few distinct structures: 

• Product: shirts, mugs, caps, and so forth 
• Books: digital books, print books, actual aides, and so on 
• Advanced items: instructional exercises, courses, downloadable aides, and so on 
• Industry-explicit: gaming regulators, vinyl, marked duplicates, and so on 

The sort of item you offer in your mobile streaming app will rely upon your specialty. However, it should be pertinent to your crowd and individual (or corporate) brand. 

Items are likewise directed by the measure of capital or time you need to contribute. 

Advanced items are high-esteem, minimal expense choices. Nonetheless, you could likewise venture into data items like: 

• Digital books 
• Courses 
• Online classes 
• Membership sites

These usually just require an opportunity to make and some interest in the general plan. 

However, self-sourced actual products require higher money speculation, but they can achieve higher overall revenue, with you keeping 100% of what you acquire from every deal.

3. Discover streaming sponsors

Sponsorships can be an excellent method to bring in cash while live streaming. 

Yet, this isn’t your standard kind of sponsorship. For most live streamers, you can find sections in the video where they can: 

• Mention the sponsor 
• Present their item 
• Offer a short tribute 

Sponsors and Brands regularly pay between $15 to $50 per 1000 views. (We call that CPM in the business.) 

This implies if your streams are consistently getting 5000+ views, you can acquire substantial pay. 

In any case… 

Sponsors will typically make deals with high-profile streamers—individuals who can ensure many views on every video. But, something else, it’s anything but worth their time and energy. 

4. Request Patreon Pledges

The most straightforward approach to bring in cash from your live streams is to utilize Patreon. 

Here you can request month-to-month “vows” that furnish endorsers with premium advantages. Each new level offers more worth. 

Patreon pages are not difficult to set up and, in the event you get great views, you could begin procuring from them in hours. 

Although, there is no average authority pay for a Patreon client. Also, even though clients are procuring $50,000+ every month, this isn’t the market average. 

Reports show that less than 2% of clients procure more than $1,160 per month. Patreon’s CEO likewise appraises only 4300 individuals procure $1,000+ per month.

So the best way to go about this method would be clubbing it with other options.

5. Join affiliate schemes

The last method to get paid to live stream is joining affiliate schemes. 

Affiliates are individuals who advance an item or administration – generally with a connection or a reference code – and get a commission. 

Typically, somewhere in the range of 5% and 30% of the deal. 

Subsidiary projects are a great spot to begin acquiring since they are generally safe. Also, as long as the items are pertinent to your supporters, they’re glad to catch wind of them.

You can discover affiliates by: 

• Utilizing Amazon’s Affiliates program 
• Reaching brands in your specialty 
• Googling a brand name followed by “+ member.” 

Numerous organizations use them, and it’s a system we prescribe.

Features of a live streaming platform

At the point when you plan your live streaming application development, consider including the following features: 

Smooth Streaming Quality

The foremost requirement for a live streaming app is high-quality video and audio streaming. Users expect a seamless experience without buffering or lagging issues, especially when streaming live events or interactive content.

Real-Time Interaction

Live streaming apps should enable real-time interaction between content creators and viewers. Features like live chat, comments, reactions, and polls encourage audience engagement and foster a sense of community.

Multi-Platform Support

Successful live streaming apps cater to various platforms, including mobile devices, web browsers, and smart TVs. Ensuring cross-platform compatibility helps reach a broader audience and enhances user convenience.

Monetization Options

Monetization features are essential for content creators and platform owners. These can include in-app purchases, paid subscriptions, donations, or advertisements. Providing revenue-sharing options can also incentivize content creators to produce high-quality content.

Social Media Integration

Integrating with popular social media platforms allows users to share live streams with their followers easily. It helps in organic promotion and widens the app’s reach.

Analytics and Insights

For content creators and platform owners, access to detailed analytics and insights is crucial. Information like viewership numbers, demographics, and engagement metrics helps in making data-driven decisions to improve content and app performance.

Privacy and Moderation Features

To ensure a safe and positive environment, live streaming apps should have robust privacy controls and content moderation mechanisms. This includes features to report inappropriate content, block users, and manage access settings.

Technology components specific to live-streaming apps

Advances in innovation have made video streaming platforms even better. Some of the tech components in live streaming app development include:

• Media stockpiling: Cloud suppliers like Google, Amazon, and Microsoft have made it conceivable to store media resources in a reliable and adaptable way. 
• Content Delivery Network (CDN): An organization of conveyed workers makes content conveyance simpler for a scattered crowd. 
• Advances in UI/UX configuration make it workable for users to utilize live streaming applications naturally. 
• Progressed video players that adjust to stage and program and give the best experience to users. 

Five steps to build a live streaming app

Let us come to the core section of ‘how to create your own live streaming app’

The way towards live streaming application development is simple. However, it does require a touch of specialization.
If you don’t have an application designer in your group, we suggest recruiting because streaming application development isn’t a “Do-It-Yourself” kind of task. 

Now that we have discussed that, let’s move on to the steps:

1. Choose an Online Video Host 

To develop live streaming application, you will have to put resources into online video facilitating. 

The host you pick will rely upon your mobile streaming app’s necessities. If you’re hoping to fabricate a live streaming application, features like API, mobile live video streaming SDKs and an HTML5 video player are non-negotiables. 

Your budget should become an integral factor. Take a gander at various estimating methods, and see what you can bear. Think about your ideal profit from venture (ROI) as you set your financial goal. 

2. Download mobile live video streaming SDK for iOS or Android 

If you plan to build apps like Periscope for Android or iOS, you need to take care of a few things.

When you pick your online mobile streaming app, download the live streaming SDK that your platform gives. 

In case you’re utilizing Dacast, this is quite basic. The entirety of our API and SDK code is recorded in a player documentation page that is quite simple to explore. 

Now, you should sort out whether you’re fostering an application for iOS or Android. You can make both yet center around each in turn. We suggest beginning with the one that lines up with the working framework that is generally utilized by your crowd. 

3. Load SDK to Mobile Development Software 

You will require a mobile development stage, like Android Studio or Xcode. Next, you should pick an application that offers support for your particular streaming necessities. 

Whenever you’ve picked one, upload your SDK to this stage. 

4. Begin Live Mobile Streaming App Development 

Utilize the gave API code and live streaming SDK instruments to foster your versatile application. 

Now, you will tweak your application to best address your image and make the best experience. 

This is the place where the help of an accomplished designer and developer becomes the most crucial factor. 

Employing an expert such as Idea Usher will assist with rejuvenating your vision. A minor error can influence the usefulness of your application, so support from someone with specialized skills is significant. 

5. Package and Submit App 

Once your application is finished, package the application and submit it for endorsement to the Apple App Store or Google Play Store. 

Cost affecting factors while creating live streaming app

Here are five of the cost affecting factors while creating a live streaming app:

1. Platform and Devices: Supporting multiple platforms (iOS, Android, web) will increase development efforts and cost compared to focusing on a single platform.
2. Features and Functionality: The more features you want to include, such as live streaming, chat, user profiles, social media integration, etc., the higher the development cost.
3. Video Quality and Resolution: Providing support for higher video quality and resolution will require more server resources, leading to increased hosting costs.
4. Backend Infrastructure: Setting up and maintaining a robust backend infrastructure to handle live streaming, user data, and interactions will contribute to development expenses.
5. Content Delivery Network (CDN): Using a CDN for reliable content distribution across the globe will incur additional costs based on usage and geographic coverage.

What can you do after the app launch?

Once your application has been submitted and endorsed by the App Store and the Google Play Store, the time has come to advance it. 

• Firstly, you will need to urge your current crowd to download your application. 
• Encourage its presence on social media and email marketing. 
• From that point, you should plan a good marketing strategy. 
• Decide the most ideal approach to contact your crowd and how you will make your offer. For example, you could utilize content promoting, paid advertisements, or a blend of both. 

Why Idea Usher?

As we have seen above, to make a mobile streaming app that sells, having an experienced team is a must.

Idea Usher holds 15+ years of experience under its hat with a team of advance and skilled developers, designers, marketers, content strategists, and more.

In short, hiring us is all you have to do. The rest we will take care of.
To catch a glimpse of what we have created so far, take a look at our Portfolio. You can also contact us for a free consultation call and begin the journey of converting your dream project into reality!

FAQs

Q. What is the most convenient platform to live stream?

A. Sites such as YouTube offer a great area to set up your live streams. So make an account, get your camera rolling and start live streaming!

Q. Which is the best app for live streaming?

A. Apps such as Periscope, Livestream, and StreamNow are among the best live streaming apps in the market.

Q. Can I make money from a free app as well? How much does periscope app cost?

A. Yes, even if you offer the users a free app, there are still plenty of ways that you can incorporate in the app to earn money. Apps like Periscope are ideally free to use. To learn how to develop live streaming app and monetize it, contact Idea Usher for a quick consultation!

Q. Can Idea Usher help me build my live streaming platform?

A. Absolutely! Building a live streaming app is complex. You need to have a team of experienced developers and designers on board. Luckily for you, Idea Usher offers just that at the most economical prices!

Also Read:
How does Hulu Make Money?

What makes Spotify a business giant?

The post A Guide to Developing Your Own Live Streaming App appeared first on Idea Usher.

The name Poparazzi has been buzzing the news lately. But, why? – The Poparazzi app made its debut on Monday, 24th of March, and very shortly became many App Store’s #1 app! In the social media apps industry, this is considered a good success (as app developers, we can vouch for that!)

Keeping this in mind, many people must be wondering if they should invest in similar projects. The answer to that question is a big yes. Here is why:

• Apps are more than just a way to pass time. They mean big business.
• The app industry recorded 218 billion downloads and $143 billion in consumer spending in 2020.
• Android apps alone witnessed 3.5 trillion minutes of app usage time last year.
• In the United States alone, the time spent on apps surged the time spent on TVs.

“Moreover, we can say app market = big bucks $$”

Now, the next question is ‘how to build an app like Poparazzi?’ – We have done the research for you. Keep reading the blog to find out all the development steps you need to know about to build the perfect app like Poparazzi (we also have a bonus section for you!).

What is Poparazzi app? Insights into the viral photo-sharing application

what is poparazzi app?? – To explain in one line, Poparazzi is a photo-sharing app.

Like Instagram? – No, this is where the fun happens.

Unlike Instagram and other famous photo-sharing applications, Poparazzi does not allow its users to upload photos taken using the front camera. 

The app gives a fun twist to a ‘paparazzi photoshoot’. Here, the users are only allowed to post pictures of other people. There are no filters, no comments, no captions, no follower count.

The company reflects its main motive as hyping up your friends. 

How does Poparazzi works? User flow of the popular photo-sharing app 

A user’s profile is divided into two sections :

1. Photos they take of their friends, and 
2. Photos that were taken of them by others.

The user profile also shows which user has taken the most photos of them.

The app does not allow the users to play around with the pictures. You just quickly snap a pic, tag your friends, and upload! 

The photos a user is tagged in will not be displayed on their profile unless they follow the photographer’s account ( although, the app automatically follows everyone from the phonebook once the app is downloaded).

There is also a pop score feature that tracks the number of pictures a user takes.

To sum up, the ‘how does poparazzi works’ question, the app wants to promote simplicity in social media. Their motive is to allow the users to live in the moment and share happy moments with their friends without digging deep into filters and other artificial sources. 

Why app like Poparazzi are in trend? – People love photo-sharing apps! 

The answer to ‘why app like poparazzi are in trend’ question is simple.

It is natural to wonder about the secret of the success of such social media apps. It is simple – people love sharing moments. And the best way of doing that? Photo-sharing!

After a mere few days of debuting, this is where Poparazzi stands:

• Investors such as Eric Newcomer (who also invested in Uber and Snapchat) secured an eight-figure investment with the platform.
• Another round of investment will secure the app investments valuing over $100 million dollars, says Forbes.

Such apps provide the users an ease of use. No need to look perfect! 

How to develop an app like Poparazzi? 

Now, the main question – How to build an app like Poparazzi?

The Mobile App Development process consists of the following steps:

• Ideation
• UI/UX Design
• Development
• Testing
• Launch
• Marketing

Let’s get started!

Step 1 – Ideation

Having a solid app idea is naturally the first thing to focus on. We need an app that now only gets downloads but also makes the users come back. 

So how to check the feasibility of an app idea? 

• Conduct market research
• Analyze competitors
• Set goals and objectives (such as budget)
• Sketch out a timeline for the project

You also need to be familiar with the Google Play Store and Apple App Store. You can dig deep into app store analytics and numbers such as how many downloads did the competitors get last year or what all features did they introduce and how do they benefit the app.

In this case, all this research would be based on Poparazzi and other such photo-sharing platforms.

Step 2 – UI/UX Design

This section is especially important for an app like Poparazzi. 

The aesthetic and appeal of an app are what captures the user. The conceptualization and visualization should ensure an easy user experience. Meaning, your app should not be too complicated for your user to use (but also not boring).

Whichever app you choose to build, Android or Apple (or both), ensure that you follow the latest trends of that market. Having an app with user-friendly, advanced features not only attracts the users to use the app but also keeps them engaged for a long time. 

Some necessary pointers to consider:

• Visualize every screen of that app. Consider every banner, button, arrow, etc.
• Having an exceptional UI that is also user-friendly is a must.
• All the app screens should be cohesive and descriptive of the primary objective of the app.
• Create as many iterations and choose the best. Play around with button shapes, banner sizes, different fonts, and more.

Step 3 – Development

Now that we have the design in hand, we can move on to the main development part.

Building a fully functional prototype of the app is an unspoken rule (a rule that Idea Usher always follows!).

The development process entails three phases:

• Alpha phase: This phase focuses on the core functionality of the application. A lot of bugs may arise but that should be something to worry about.

• Beta phase: Now we incorporate all the features and functionalities. The app also undergoes light testing (some bugs get fixed, some don’t).
• Launch phase: After undergoing rounds and rounds of testing, a final, bug-free app gets launched in the market, ready-to-use for the users!

A feature-rich app is great, but not very useful if it is not compatible with all sorts of devices.

For instance, you build a fitness app. It has all that a user can need – a step counter, BMI calculator, water intake tracker, free guides and exercises, games, etc. The user finds it fascinating and downloads it. But, wait a minute. The app is not completely compatible with mobile devices! So as the user downloads the app, their mobile device is unable to take the load of the app and crashes all the time. In this case, not only will the user delete the app but also may discourage others from using it.

To avoid that, work with top app developers. The developers at Idea Usher undergo every aspect of the app development process with a fine comb. 

Step 4 – Testing

Testing is a very important and interesting part of app development.

No matter which you choose, iOS or Android, every app should be robust and accustomed to the latest trends and practices. Proper testing is important to remove all bugs and make a fully functional app.

It is essential to conduct all tests before the app launch. Otherwise, investors will have to pay more to get the bugs fixed that arise in the future. 

A professional mobile app development company such as Idea Usher prioritizes testing. We follow many protocols to uncover bugs and remove them permanently. Our developers carry out testing on all features and functions. 

A quick rundown of various types of testing: 

• Functional testing to see if the features are working the way they should.
• Usability testing to evaluate the ease of use of the application.
• Performance testing to measure the response time of the application.
• Fit and Finish testing is done by designers to ensure that the developers maintained the theme and UI of the application.
• Regression testing is the testing of features at every development stage.
• Device-Specific testing is checking the app on different devices, screens, and OS.
• User acceptance testing is about asking the target users to try out the app and give their feedback.

Step 5 – Launch

After investing an endless amount of time, energy, and money into creating an app, you would definitely want to nail the app launch.

An important thing to remember is that Apple and Android, have different guidelines. Go through these guidelines thoroughly and ensure you are following them. This will help in a seamless app launch.

Step 6 – Marketing

App marketing is just as important as any other steps we mentioned above.

The best way of marketing is by deploying result-oriented strategies. Social media platforms are the best way to start off. But how?

Here are a few ways you can use social media to your advantage:

• Making engaging videos about your app and its usage to help the user understand better.
• Connecting with influencers tackling this niche for promotions.
• Posting pictures/videos reflecting the importance of your app in the user’s current lifestyle.

Idea Usher has used the above-mentioned strategies multiple times to generate great traffic for our clients. We have many more such tricks under our hat that can help your app move up the leaderboard!

What technology stack will you be needing

Next in the ‘how to develop an app like poparazzi’ question comes the mobile development technology stack.

A mobile development stack is a combination of programming languages, UI/UX software, platforms, frameworks, tools, and more that are used in the process of mobile app development.

The mobile stack can be categorized as:

• Frontend: The interface that interacts with users.
• Back-end: Tools that create the underlying processing.
• Development: A platform that consists of all the essential components to build the app.
• Supporting: Tools that improvise the security, flexibility, and performance of the app.

The options that you choose to build your app with depending on the platform the app targets.

Android Tech Stack

If you are building an app for Android, the essential tech stacks that you will be needing are:

Programming Languages

Java: Java is considered the most popular language for building Android apps. Credit goes to its usage by top-tier companies, the language is well-supported and offers great scalability. You’ll have a wide range of options of tools and tech to choose from, additionally, they’re mostly open-source. 

Kotlin: Launched in 2011, Kotlin has become a favorite amongst app developers and, more so, considered as the second official Android development language by Google. Kotlin offers cleaner code, and saves approximately 30% off code space compared to Java. Additionally, Kotlin is 100% compatible with JVM, implying that you can still use Java frameworks for developing the app. 

App Development Tools

Android Studio: Android Studio is the official development platform for Google’s Android app. It is built around Jetbrain’s technology, and it provides an intuitive interface helpful for developers to build Android apps. 

UI Framework

Jetpack Compose: It is a modern UI toolkit that allows developers to explain the UI elements, and it will do the hard work of rendering it dynamically. Currently, it is not exactly production-ready but a developer version is available for use.

Android UI: Android offers pre-built templates that are ready-to-use for developers to build user interfaces quickly and efficiently.

iOS Tech Stack

If you are building an app for iOS, the essential tech stacks that you will be needing are:

Programming Languages

Objective-C: It’s the original language used to build iOS apps, and Apple still supports it. However, building an app with Objective-C isn’t easy. Developers are prone to make mistakes with it. 

Swift: Swift is a relatively newer language that was introduced in 2014. Developers favor it over Objective-C. Why? – Because of its safer syntax, fewer mistakes are committed and apps are developed much faster. It’s also easier to find developers who are adept in Swift as it’s easier to learn and master (although, developers at Idea Usher work efficiently with both!).

IOS Mobile Development Tools

Xcode: XCode is the official development tool offered by Apple, and it’s a go-to platform whether you’re using Swift or Objective-C. It consists of all the features needed to build a native iOS mobile app, including a top-tier visual interface builder. 

AppCode: Appcode was developed by a 3rd party and is an open-source alternative to XCode. While it enables iOS mobile app development, AppCode somewhat misses the features of XCode and to an extent, is still dependent on the latter. 

UI Frameworks

UIKit: UIKit is the basic framework one needs for building graphical components in an iOS app. It consists of templates defining the UI elements which form the building blocks of the app. 

SwiftUI: SwiftUI is a newer framework as compared to UIKit that offers a more efficient way of designing UI elements in iOS apps. However, it only works for IOS13 and above. There are also limited resources in it as it was just launched in 2019. 

Cross-Platform Tech Stack

If you are building an app for both Android and iOS, the essential tech stacks that you will be needing are:

Programming Tools

React Native (JS): React Native is said to be the top favorite amongst developers for developing a cross-platform app. It revolves around JavaScript and offers fundamental building blocks that work well on both platforms. 

Flutter (Dart): Flutter is Google’s solution to a cross-platform development tool. It features a ’hot reload’ that avoids wasting time on emulators and simulators.

Backend Technology Stack

A good back-end technology stack is essential for handling all the vital data, processes, and business logic for your application.

The back-end technology stack includes the choice of hosting provider, database, programming languages, and frameworks.

How to not look like you copied Snapchat/Instagram?

This is essential. You don’t want your users to stay under the impression that your application is not original.

While your idea may be inspired, it should not look like you stole it.

Solution? Hiring an app development team with good skills.

The experts at Idea Usher have got your back. By running advanced research and analysis for every niche, we know exactly how to make your app idea unique and make it stand out. 

When you come to us with an app idea, our tech architects run a thorough and in-depth market analysis. We understand all the latest trends and features that are connected to that niche and carefully curate a set of features and functions that would make your app better than the rest. 

You can scan through our portfolio page to see how we have done the same for our previous clients.

Bonus marketing tips: Design your app to attract millennials and Gen z 

When creating an app like Poparazzi, your target audience would naturally be millennials and gen z. 

Millennials and Gen Z are the generations of digital natives! They are the biggest segment of app users in every category and are the ones who grew up and live in a constant “connected” environment. They use apps for a variety of purposes, especially entertainment. 

While they may be hard to convince, it is not impossible to attract them to your app. Here are 4 ways how you can do it:

• Word of mouth: This method works effectively on these generations. Hearing good information about an app from their family and friends might convince them to give your app a shot.
• Social sharing: One of the biggest pain points of these generations is that they are always looking for better means to stay connected with their friends. An app like Poparazzi directly targets this point. Use that to your advantage. Offer free trials. Once they realize that the app is useful and is solving their problem, they will themselves promote its usage.

• Creative advertising: Your ad campaigns need to be smart and attractive. Old-school methods will not create the buzz. Find effective, result-oriented strategies and use them to your advantage.
• Real-time communication: Millennials and Gen Z always carry their devices with them. If your app can provide them with real-time support and updates, it will help them stay connected with their world better.

Idea Usher is the #1 choice for photo-sharing mobile app development

Whether you need an app for your business that connects your customers or clients to you on the go with live streaming video or just a simple photo-sharing software application like Poparazzi, Idea Usher is the premier choice.

We are here to help you capitalize on the photo-sharing mobile app revolution. With us, you don’t need to make heavy investments or technical hurdles. We’ll help you develop your iOS and Android-based photo-sharing app at economical costs. 

To know more, contact us for a free consultation!

FAQs

Q. There are already several photo-sharing apps in the market, what are the chances that my app will stand out?

A. If you work with us, the chances of your app standing out would be pretty good. Additionally, there are always going to be plenty of fish in the sea, but with the right technology and tools, you can very easily be the shark!

Q. What is the average cost of building a photo-sharing application?

A. An average app project under this niche can cost around $20,000 to $50,000. However, at Idea Usher, we deliver better quality at prices less than half of the market average.

Q. How can we avoid security breaches in such apps?

A. Security is always a great concern in this type of apps. Idea Usher adds layers of security and follows many protocols to ensure that the user information remains secure.

The post How to make an app like Poparazzi: the ultimate guide appeared first on Idea Usher.

But if not that, then what exactly is the chicken and egg problem??

As a kid, there must have been many instances where the age-old question ‘which one came first? Chicken or egg??’ must have troubled you.

Well, we have some sad news. The tragedy did not end there.

As an adult on the business front, a much higher level of this riddle might trouble you, called the chicken and the egg problem. 

Luckily, we have come to a solution. Keep reading!

What exactly is the Chicken and egg problem?

When starting a new business venture, there are many things to look after, especially if it is a platform or an aggregator that brings customers and buyers together.

Unlike linear startups (sole trading & ownership norms), these platforms entertain two parties – customer and retailer. This is where the chicken and egg problem kicks in.

The chicken and egg problem is basically when the value proposition of two different parties is dependent on each other.

For instance, you have started a food delivery business. Now, to attract customers, you need to have plenty of restaurants onboard. But, at the same time, to have those restaurants onboard, you need to attract them with the idea of having hundreds of customers onboard.

When else does this problem arise?

Well, there are three most common situations where one may spot the chicken and egg problem:

• Market entry
• Startup business
• Creation of a ‘platform.’

How can a platform or a business overcome this vicious circle?

Almost all platforms face the chicken and egg situation. How to overcome it? Subsidize value to the early users.  In translation, you will have to lure the prospect without it looking like bait with empty promises.

There are three ways to do so:

1. Monetary subsidies: Pricing decisions, loyalty programs, referrals, etc.
2. Product features: Introduction of unique features to induce loyalty among users.
3. User sequence: Prioritizing a specific user group that may influence and attracts other user groups.

By combining the forces of these three subsidies, a platform can offer enough value to its users to attract them. This not only eradicates the chicken and egg problem but also drives the future growth of the forum.

But how to get these three subsidies in action?

In our years of experience, we have worked with many platforms. After extensive research, we have uncovered seven ways of subsidizing value that can help you overcome the chicken and egg problem.

The best part is that these strategies are not mutually exclusive. So, as per your platform, you can simply select the ones you find the most appropriate. 

Monetary Subsidies

1) Entering with pre-investment

One can spot this strategy used commonly in development platforms. Such platforms incur high up-front investment costs, assuring the producers that it is safe to join them.

When your producers notice that you have made some significant investment in your platform, they will find it safer to join hands with you.

One great example can be Microsoft Xbox. During its pre-launch, the company announced that it would spend around $500M on its promotion. The implication? That they are in it for the long haul. They ended up attracting many third-party developers by subtly assuring them that this project is not going anywhere.

2) Cooperative strategy

When you notice things going south, rather than starting your network, tap into an existing channel(s) and make it yours. 

Google did that a few years ago.

 Google always had desktop search in its bag. But what about the mobile market? iPhone was in it to win. Google had to up its game. That’s when they realized that they are not the only ones who worry about this. Google then formed the Open Handset Alliance (OHA) and joined hands with many others like them. 

By using this cooperative strategy, Google tapped into the existing sales of the OHA members. 

MS-DOS did something similar as well. MS-DOS had a significant plus point in its hands – It was the only OS designed specifically for running WordStar. By taking advantage of a market that already existed, MS-DOS is also a brilliant example of cooperative strategy.

Another instance that rings a bell is Threadless. It is a platform where people design t-shirts, vote for their favorite, choose a winner and buy them. 

Now the chicken and egg question arises – how did they get people to upload designs without having voters decide? 

The catch is, Threadless originated from an already existing designers forum. Hence, they already had many designers onboard – even when their final products were not finished and produced.

.Product features

3) Act like a producer

The phrase ‘fake it till you make it’  rings a bell?

That is exactly what this strategy is all about. Instead of fishing for both parties (consumer and producer), focus on one by acting like the other.

This means let your platform act as the producer until you acquire the required customer base you need to start attracting producers.

In one line – start as a linear business.

Let us understand with examples.

iPhone: In the early times after its launch, iPhone did not allow third-party apps to enter its ecosystem. It was only after they acquired a solid customer base that they let other apps. The rest is history…

Amazon: We are all aware of Amazon’s extensive delivery system. But the fact is that this is not how they started. In the beginning, Amazon fulfilled all customer orders on its own. 

4) Evolution Strategy

Theoretically, evolution strategy is a bit similar to cooperative strategy.

This strategy revolves around tapping into and acquiring a monopoly over a sub-section of a network rather than creating one from scratch.

Now, it is evident that if you want to woo away a section that is already comfortable in an existing network, you need to up your game.

How to do that? Run a thorough market analysis and target the pain points that your competitors are not currently offering.

For instance, Airbnb grew its ecosystem by tapping into the one Craigslist had created. They focused on the features they thought the market is currently lacking and developed their platform with IT modernization strategy.

Although, this trick is not something you can play fast and loose with. You need to be 100% sure about your analysis and should be able to take out Plan B (or even C) if needed.

5) Marquee Strategy

Aim for high-value customers/ high ticket sales. (Say, customers from an affluent lifestyle- who can afford to spend/invest in your venture). Once you get a solid backup of these, attracting new customers will not be much trouble.

This tactic was followed by Uber when they first launched. They paid the town car partners full-time (even when they were not transporting customers). What did this do? They ended up building a solid producer ecosystem that landed them plenty of well-paying customers.

Many dating apps follow in the same footsteps. By analyzing that the ratio of men is more significant than women, they often offer women free membership. 

More women sign-ups = more men sign-ups. 

Some apps such as Bumble even curate the entire user experience based on women. 

6) Make Two-Sided Marketing One-Sided

How? This resembles what we learned in #3 (remember product features strategy to build loyalty).

Find a user group that can act as both customer and producer. Benefit? You don’t have to worry about the balance between the two parties.

For instance, look at Etsy. They very soon figured out that the people looking to buy handmade goods are also the ones who are selling them. So they focused on just one user group and expanded its reach.

7) Single User Utility

In this strategy, you come up with a proposition good enough to attract one party in such a way that if the other party never shows up, it will do no harm.

Have you ever heard of Instagram? Yes, the social media tycoon. This is how they started. When it was first launched, Instagram only offered the feature of posting pictures. But it was provided in a way that was attractive enough to get the users on board.

To wrap up: A quick summary

These were the seven key strategies that can help you tackle the chicken and egg problem. For some, only one of these might be valid, while others may find all of them suitable. The point is, you can get creative here.

These strategies are the base. Using current market knowledge and analysis, you can very well put a twist on these. Anything that works for your venture.

Contact Idea Usher (we know which one came first – chicken or egg!)

The even easier solution? Leave it on us!

As we have mentioned above, we have catered to many clients. In all that experience, our experts know just how to solve the chicken and egg challenge based on different situations. 

If you want to know more about our techniques, schedule a free consultation call with us!

Work with Ex-MAANG developers to build next-gen apps schedule your consultation now

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FAQs

Q1) Do all new ventures necessarily face the chicken and egg challenge?

A1) Not necessarily. Exceptions are always there! But yes, almost every new venture is likely to face it, although the intensity might vary.

Q2) How can I ensure that the strategy that I have chosen will work for my venture?

A2) Unfortunately, there is no shortcut to this. You will have to do significant research, case studies, and market analysis to see that the strategy you have chosen will work or not. A good hack will always be to see how your competitors dealt with similar challenges. A more straightforward & more manageable hack will be hiring us!

The post 7 Ways To Conquer The Chicken And Egg Problem appeared first on Idea Usher.

What is uber flower delivery?

Does uber deliver flowers??

Yes! Uber Flower delivery is an app (a clever twist to the uber package delivery app) that lets customers order flowers from their favorite stores online.

Additionally, uber can deliver flowers to your place, but it also allows you access to features such as ‘guest address.’ Such features enable you to surprise your loved ones with a fancy bouquet.

Now another question that arises is that how is uber delivery flowers edition beneficial to the brand?? It is an excellent startup idea as it allows the users ease of access. Without setting out a single foot, the user can access some lovely arrangements.

On one single platform, users can browse, select, pay, and get their choice of flowers. It is a fool-proof concept for attracting a whole new arena of customers.

As a person who is setting out to develop your flower app, Uber Flower Delivery is a good business model to consider.

Subsequently, you must also read – https://ideausher.com/blog/app-development/d-uber-like-app-for-flower-deliveryeveloping-an/.

The basic concept of a flower delivery app

Bouquet delivery software is bringing convenience to ordering flowers online. With a single click, you can get your order delivered to your preferred location!

As seen in the section above, apps like Uber for flower delivery, Bloom that, Bouqs, Farmgirl, Urbanstems are gaining excellent market traction.

Such build a bouquet apps promise great success. Consumers feel pleased in sharing their love and emotions towards others via flowers – it is the most traditional way!

An app will never go out of trend, and as a florist, something that you should consider.

How will it benefit your business?

An on demand flower delivery app can help your platform progress by offering unlimited benefits to the consumer.

• Fast Delivery: Flowers don’t have a great shelf life. Providing an order within hours is an excellent service that every florist must provide. 
• All-time convenience: Providing 24/7 services gives the consumer the ease to order anytime, anywhere.
• Bouquet choices: By showcasing different arrangements for different occasions, you can multiply your sales quickly.
• Real-time tracking: Efficiency is crucial. Being able to track their orders will give your customers the assurance of that and safety.
• Time-saving: By cutting down the physically going to the store, the user gets to save a lot of time and energy.

Functioning of a florist application

How a flower shop app works depend on its type.

• An aggregate flower delivery app has tie-ups with several florists, flower shops, distributors, and suppliers. They act as a channel between them and the users and charge a commission to showcasing their platform and marketing their products. They don’t sell their goods. Instead, they provide a smooth, user-friendly channel to other businesses.
• A dedicated flower delivery app is by a particular brand or shop. The company controls the functionality and other tools of the app and uses it to showcase and embrace its products.

User point of view

As a user, the functioning of the flower app goes like this:

1. Download the app from the app store.
2. Sign-up or login using email id, social media accounts, apple id, mobile number, etc. 
3. The customers must provide their payment details, shipping address, and other essential details to ensure a seamless experience.
4. Some apps offer additional features and filters such as a pay range, occasion (such as birthdays and anniversaries) that the consumer can opt to make their choosing process simpler.
5. After choosing, the user can place the order and specify any other details that they may. 
6. Then the apps redirect them to the payments portal, where they can choose from multiple payment methods and find one that suits them best.
7. That’s it! Now they have to wait for their beautiful arrangements to reach the desired location!

How to build a flower delivery app

The process of a send flowers app contains a few significant steps:

Step 1: Research

Before jumping into your flower shop business introduction, you must do your homework. The market is ever-changing. If you want your flower to start up to last, you need to do thorough research. It must include all the ongoing trends and platforms to showcase your app, features, and much more.

Tap here to learn more: https://ideausher.com/blog/app-development/how-to-start-a-flower-business/

Step 2: Competitors

It is better if you take a pen and paper out for this one. Going into the market blindly with no tricks up your sleeves will leave your app crashing before you even know it. You need to make a list of all these factors:

• Active competitors in the market
• How they are running their platforms
• What all strategies they have adopted in the past
• What were the outcomes of those strategies

And much more ( but with Idea Usher’s experts, you can just sit back and relax as we take care of all of this for you!).

Step 3: Market Analysis

You never know when customers end up changing their minds. The minute something new enters, the old trend goes down the drain. One way of staying one step ahead is by analyzing consumer and market patterns. An analysis will help you in predicting the next best thing and modify your strategy accordingly.

Step 4: Consumer Research

Here, you need to hit the bullseye. Choosing a general direction will be of no help. In some cases, targeting all age groups, all ethnicities, etc., cannot be possible. So, to grow your platform, solely target the community you feel will fit the best for a flower delivery app.

Step 5: Planning and Organizing

By now, you have collected enough for the initial app launch. Now it is time to deploy them innovatively and efficiently.

As we have seen in the sections above, market trends change and evolve with every second. Hence, it is impossible to develop an app that covers all the aspects from the very beginning. You need to invest in an app development process that leaves scope for future updates and advances in your app.

Step 6: UI and UX

UI/UX is a significant step that decides the future growth of your app.

Make the UX as simple as possible. At every step, think from a user perspective. A good way of doing so is by conducting surveys. Use the feedback as creatively as possible. This is not something to take lightly.

Create a user flow and divide it into small goals. Process a timeline using these goals and stick to it as much as possible. Remember, you already have all the necessary sources. All you need to do now is deploy them.

Step 7: Features Of The App

By now, you should have a rough idea of what all you need in your app. It is time to process it. Make a list of all the features and ensure that they are included in your app.

While doing so, keep the user flow in mind. At every step, think, for a comfortable user experience, what should come first and what should come last. 

Some of the features that every flower delivery app must include will be discussed in the later sections of this blog.

Step 8: Development Process

Now your app is ready to be developed. Here, you must also take care of the platforms where you are willing to launch your app. You can choose between a send flowers iphone app and flower android app or simply go for both. 

Some revenue statistics that you can keep in mind: https://ideausher.com/blog/mobile-app-usage-revenue-statistics-to-know-in-2021/

Main features of a florist app

If you want to stay on top, your florist app must include the following features:

Custom notes

Many flower deliveries take place on special occasions. A customized note feature will allow the users to make their moments even more memorable by voicing their thoughts. That can later be printed or converted into a sweet card and attached to the flowers.

Delivery scheduling

On-time delivery can be a concern when it comes to something as delicate as flowers. Hence, to keep the consumers from worrying, one must provide an option of scheduling the delivery.

Tracking and real-time alerts

This feature will allow the customers to get constant updates on their orders. They can get confirmation messages on pickup, track their order’s status, location of the driver, and more.

Multiple payment options

Enable your users to pay via several different methods:

• Cash on delivery (COD)
• Net banking
• EWallets
• Debit/credit card
• Gift cards
• Coupons

Offers

Downloading is not enough. You want your clients to keep returning. One of the best ways of doing that is by showering them with discounts and offers. Such offers will gain customer satisfaction levels on your platform.

After satisfying the current customer base, you would want to ensure that new customers explore your platform. A good way of doing that is by launching a referral scheme from time to time.

Social media

These days, the world revolves around social media. People love posting about their daily activities and adventures. Take advantage of that. Allow the users to integrate their social media accounts with your app and let them post about their orders placed with you. 

Categories and other filters

Using the option of categories, the user can quickly look for what they are searching for specifically. 

For example, a customer is looking for a bouquet of lilies. Then choosing filters such as flower category -> lilies -> arrangement option -> bouquet will cut the users search time by more than half.

Management Panel

This one is for the admin. 

An app consists of different aspects which can lead to troubles in managing. A single-screen admin panel will allow you to keep track of everything under one roof. It will also help you decide which strategies are performing better and how your customers are reacting. You can use all of this information to curate and customize your app for a better user experience.

Gifts

Flowers are a prevalent item for gifting. Create a customizable gifting panel in your app to either help users choose one bouquet or create a personalized one solely for gifting.

Take a quick read to learn more: https://ideausher.com/blog/app-development/must-have-features-of-an-on-demand-flower-delivery-app/.

Minimum Viable Product

Before you invest all your time and money in the real thing, you should consider making a Minimum Viable Product of your app. A Minimum Viable Product (or an MVP) is a basic wireframe of an app. Developers make it to see how everything functions in the app before going for the actual bid.

Usually, an MVP is built only for either the iOS platform or Andriod. In such a case, it is better to run market research of consumer activities on both these platforms in your area. Based on that you can decide which one to go with.

If this is getting too technical for you, don’t worry. The tech experts at Idea Usher can take care of the entire process. Our research and development team can decide whether or not an MVP is required, and if it is, then which platform would be the best choice. From the very start of the project, a manager will be assigned to you who will work dedicatedly on this.

A brief overview of the technology stack

Designers and developers work with a bunch of technology models to come up with the desired results. These are chosen per the industry that the app belongs to. It is then further customized by keeping certain factors such as vendor requirements and industry standards in mind.

Our development team also applies various sorts of technologies. For example:

• For cloud environment – AWS
• For database – MySQL, MongoDB
• For frontend iOS development – Swift, React Native
• For frontend Android development – Android studio (Java)
• For UI/UX design – HTML, CSS, Photoshop, Adobe Illustrator
• For real-time data – Google Analytics, Big Data, Apache
• For push notifications – Push.IO, Twilio
• For payments – PayPal, Stripe, Braintree

Current best flower delivery services

Analyzing your competitors to see how they got ahead in the market is essential. Let us look at some of them.

1-800 Flowers

The 1-800 Flowers platform has been in the market for nearly 40 years. Credit for that goes to their large variety of floral arrangements and high-quality, dedicated customer service. Apart from flowers, they also allow users to add stuff like candies, teddy bears, cards, and so on to make the experience even more personalized. They were one of the first retailers to start using services like a hotline, digital marketing, chatbots, and delivery apps.

FTD

FTD has been operating for over a century by hand-delivering every flower arrangement. This helps them add that special touch and assures them that their orders will reach safe and sound. They partner with local florists and offer same-day delivery almost every time. 

The Bouqs Co.

The Bouqs Co. has a unique touch. Every arrangement that they create is made from freshly-stemmed that they get from eco-friendly sustainable farms. They offer either same-day or next-day delivery and offer subscriptions that help you send flowers to your loved ones monthly or weekly.

ProFlowers

Along with customizable flowers, bouquets, and vases, ProFlowers offers users to choose from a range of other products as well. They can select from goodies such as chocolates, teddies, edible gourmet arrangements to add to their orders. With them, there are no boundaries as they offer worldwide shipping.

From You Flowers

With a working experience of over thirty-five years, From You Flowers has been making adorable and affordable flower arrangements for its customers. Their easy-to-use website entails all sorts of filters, making the customer experience comfortable. Users can also customize their flowers with other gif baskets and balloons.

Teleflora

Teleflora connects with local florists and prepares all arrangements on the spot. Since all the orders are hand-made in real-time, same-day delivery is never an issue with them.

Ava’s Flowers

By providing the customer with an easy-to-use website, Ava’s Flowers makes flower shopping super comfortable. They offer various filters such as flower type, color, arrangement, occasion, and much more for exceptional efficiency. Their ‘hot deals’ section focuses on flowers that have just gone up on sale.

Amazon

Anything that you can think of, Amazon delivers. That includes flower deliveries. Their flower delivery system offers you same-day and next-day delivery. Another fabulous feature is that they ship flowers while still in the bud stage to ensure that they last through the shipping period and reach the destination as fresh as ever.

Haute

Haute offers its users multiple features such as delivery tracking, same-day delivery, and more to keep them coming. They also have an easy-to-use web solution with a fantastic user interface. 

Bloom and Wild

This flower delivery brand steps up its game by having a seamless web solution and a free app. They also offer global shipping to many other European countries.

Cost of development

A significant question that arises in the how to build a flower delivery app dilemma is the cost of development.

Well, this depends on many factors: 

• The software development framework you pick
• Technology type and its complexity 
• Basic functionality
• UI/UX
• Types of features
• Number of development hours
• Other customizations and specifications

Hiring a development team from the USA or Europe can cost you anywhere between $20,000 – $50,000. On the other hand, if you go with an India-based agency such as Idea Usher, you can cut that cost by upto five times. 

Check this out for more information: https://ideausher.com/blog/app-development/cost-of-developing-on-demand-flower-delivery-app/

Let us help you out.

Idea Usher gives you much more than just simple development. Our experts take care of several other factors as well to ensure the success of your platform. Some of these are listed below.

The target audience for a flower delivery app

This is essential research before beginning with any project. For a flower delivery application, you must study the audience as well as crucial occasions.

• Self-gifting (60% of the audience gifts themselves flowers)
• Gifting others
• Wedding 
• Corporate occasion
• For sympathy

Idea usher studies these statistics in more depth to understand and analyze the target audience for a better user experience.

Market analysis

According to several studies, the florist industry generates about $60 billion per year, and this number only keeps growing.

5% of this share comes from the US alone. The scope of expansion is visible when there is a website or an app in the picture.

By keeping all these and much more in mind, Idea Usher strengthens your relationship with the customers and other target audiences. We provide your platform with many opportunities to grow and advance to keep an edge in the market. 

Our tech experts and support team will be there with you every step of the way. We also run multiple tests before launching the app and provide extended support for the next few months. 

To see a glimpse of what we have created so far, you can explore our portfolio section. You can also contact us for a free consultation call and get rid of all the queries and doubts! 

The post How To Build A Flower Delivery App – Detailed Analysis appeared first on Idea Usher.

What is a bike sharing service? – In simple terms, a bike sharing solution is a service where people can rent bicycles. There are multiple stations installed everywhere, and people can simply rent a bike from there. The bike can then either be returned to the same station it was taken from or some other station.

Mobile Bike Sharing

Lately, a new trend of bike sharing has come up. UsersUsing mobile bike sharing, users can easily track down the nearby available bike and their docking station via a simple app using mobile bike sharing. How is this possible? By using the bike’s inbuilt Global Positioning System (GPS).

Once the user is done using a bike, he/she can simply park it somewhere. They can even pay for it online. Some other users can then find the bike and use it for their journey. Such services are led by companies such as Mobike and Ofo.

(Interested in getting an app as Mobike developed? Tap to learn more – https://ideausher.com/blog/app-development/a-complete-guide-for-developing-a-mobike-like-bike-sharing-app-e-scooter-sharing-app/)

Essential Features Of A Bike Sharing Solution

The last few years have been witnesses to the growth of bike-sharing apps and solutions. But what features make them better than the rest? Let us have a look:

#1 Finding A Bike

One essential feature that any bike sharing service must offer is the ability to spot a bike nearby. As we have read above, using the magic of GPS, people should be able to spot a nearby bike and use it rather than travelling to far-off stations.

This is one of the primary features as it attracts more people into using the service.

#2 Locking And Unlocking The Bike

The bikes get locked automatically for obvious safety reasons. But as soon as a customer is willing to use the locked bike, they should unlock it using the app.

One way of doing so can be by scanning the QR code available on the bike. This is the easiest way to lock and unlock the bike, as all it takes is a simple scan. Hence, startups must add this feature to their bike sharing solution.

#3 Payment

The payment procedure in your bike sharing service should be as simple as possible. The minute you involve hassle, you lose customers.

After spotting and unlocking the bike, the next step that comes is payment for the ride. By enabling an in-app payment method, users can pay for the ride with a single tap. Another added feature can be linking the app with other e-wallets. From there, the user can set a fixed amount in the app as a deposit, and as and when they take a ride, the app can automatically deduct the amount payable.

#4 Checking-Out Trip Details

Something that every traveller wants is to check out their trip details after finishing a ride. These details can include factors such as:

• Kilometres/miles travelled
• Areas covered
• Travelling speed
• Map view

#5 Booking In Advance

The most comfortable feature in any on-demand service can be booking in advance. The same goes for bike sharing service. Your bike sharing solution must allow the users to book their rides in advance. 

This will be beneficial for people going to offices, colleges or schools. It can help them reach their destination on time.

Benefits of a bike sharing service

Less Pollution

Bike-sharing apps have a significant impact on public health. They can increase transit use, decrease greenhouse gases and lead to an increased cycling population. Bike-sharing programs are reducing air pollution by reducing the number of automated bikes that are used. 

Bikes are also the perfect option for tourists who want to be green. They produce no emissions and are a great way to explore a new city or country with fresh air. It is also less expensive.

Ease

Bike share systems are a convenient way to get around when travelling in big cities. They offer a better solution than public transportation for those who want to commute to an office in the town since public transportation is often unavailable or hard to access.

Bike-sharing apps can end the problem of going from point A to point B and will offer a new transportation alternative for that last leg of the commute.

Eco-friendly

The new bike-transit trips have made it easier to get around without a car by improving connectivity to other transit modes. Bike-sharing helps with the first-mile/last-mile solution and decreases personal vehicle trips.

These programs support an ecologically friendly transportation alternative that will help the environment by reducing greenhouse gas emissions. The programs encourage people to use bicycles for daily errands like activity classes, work, visiting the city or even commuting.

Less traffic

The primary goal of the bicycle sharing system is to reduce traffic congestion. This is especially important in large urban areas, where there are always more cars on the road than there are parking spots.

A study on Washington, D.C.’s Capital Bikeshare has found that the bike-sharing programs have contributed a 3 to 5% reduction in traffic congestion.

Growing market

The usage of bicycles has experienced a rapid increase in recent years. In 2013, there were only 700,000 public-use bikes in circulation worldwide. Today, that number has grown to over 3.5 million!

Also, by 2016, the number of bike-sharing programs in China had tripled to 2.3 million. The primary source of this growth is China, which saw 430 public bike-sharing programs implemented in 2016.

Which Is The Best Bike Sharing Service?

As the bike-sharing fame continues to grow, even mobility giants such as Lyft and Uber are profusely investing in it.

So with so much competition, which is the best bike sharing service in the market currently? We have picked the top 5 contenders for you:

Mobike

Founded in: 2015

Headquarters in: China
Operates in: approx 200 global cities

By owning and operating the most significant number of bikes, Mobike has single-handedly made Shanghai the most extensive bike sharing service operator in the world.

It was founded by Beijing Mobike technology and had a completely stationless bike-sharing system. Their bikes are mostly run via the procedure of QR code scanning.

Mobike started expanding internationally in the year 2017 when it expanded its reach to Singapore. Ever since then, their global outreach has extended to 15 countries.

Their current value is around $3 billion. 

Lime

Founded in: 2017

Headquarters in: San Mateo, California

Operates in: The USA, Europe (Bremen, Frankfurt, Paris, and Zurich)

Formally known as Lime Bike, Lime owns and operates a bike and scooter-sharing platform in several locations. The cost breakup for its services is as follows:

• For a traditional bike – $1 for 30 minutes
• For electric alternatives – $1 for unlocking and after that 15 cents per one minute.

Lime also follows a dockless system and relies on its mobile application for unlocking the bikes. After receiving funding of $335 million, Lime marked its name as a unicorn company by achieving a $1 billion valuation.

JUMP Bikes

Founded in: 2010

Headquarters in: Brooklyn, New York

Operates in: 40 cities globally

JUMP Bikes is a bike sharing solution that offers various bicycles, including traditional and electric models. The bikes are unlocked via the JUMP App, which provides over 15,000 bikes in 40 cities. This summer, Uber acquired JUMP bikes for an undisclosed amount of money. The company announced that it is planning to expand its service in Europe, starting with the launch of the service in Washington D.C. in September 2017.

Users will now be able to rent bikes directly through the Uber app, filling the transportation behemoth’s first and last-mile gap. JUMP has alleviated many competitors’ issues by developing dock-based units that don’t leave abandoned bikes clogging up city streets.

Motivate

Founded in: 2009

Headquarters in: New York

Operates in: Nine states in the USA

Motivate is a bike sharing service in North America, with 2 million members and 26.5 million trips per year. The company is owned by Lyft, which is considered Uber’s main rival in the mobility sphere. Motivate’s goal is to provide a sustainable, healthy transportation system and currently operates in nine states across the United States. They work with a variety of different solutions, such as Citibike, which runs in Manhattan, Brooklyn, Queens and Jersey City.

Motivate has formed beneficial partnerships with many local governments to establish their bike sharing solutions ahead of competitors. They have also partnered with various organisations to help build more bike lanes and make urban areas more environmentally friendly.

Ofo

Founded in: 2014

Headquarters in: China

Operates in: 12 countries

Founded in 2014 by five students from the University of Beijing, ofo was created because of the similarity between a person riding a bicycle and driving a car. With the help of a Perking University alumnus, the company launched in Beijing in October and gained more than 20,000 users by December after one year.

Ofo is one of the world’s first and largest station free bike-share companies. With over 10 million bikes in 20 countries and 62 million users, Ofo has set out to make car-free living more accessible. 

In 2018, Ofo struggled to maintain its service offerings in Australia, Austria, and more. That’s because the company only ordered 80,000 bikes instead of the expected five million units.

Ofo has announced that it will be withdrawing from some international locations, including London and some unspecified US cities. According to an Ofo spokesperson: “The withdrawal is not representative of the broader market.”

Creating a Bike Sharing website or solution

Launching your bike share can be quick and easy when you take the proper steps. If you are planning for a bike sharing solution development, here’s how to get started:

Step 1: Selecting your preferred model type

If you’re thinking about starting a fleet of bikes, you should first consider your business model. Public-sharing fleets are typical city-wide open rental schemes that allow anyone to find your bike on the street and take it off (as we have already read above). Under a private B2B model, you’re renting exclusively to turnkey solutions through businesses like hotels, apartment buildings and private campuses.

Step 2: Picking hardware

There are many factors to consider when choosing the proper hardware for your business model. You need to think about speed, style, and what city you want your business to be in.

Your bike should be robust, easy to maintain and should not have easily removable parts (like the seat post). The main types of bikes are e-bikes, mechanical /push bikes and cargo bikes.

For example, e-bikes are more durable for rocky terrains, while mechanical bikes pose fewer entry barriers for riders. Ensure that your bike is in top shape for the season by checking if you need additional hardware like locks, lights, and charging stations.

Step 3: Choosing IoT

Bike-share programs depend on IoT integration and bike locks that connect to the internet through GPS and Bluetooth to create a system of tracking and monitoring. Some IoT is embedded with Bluetooth and GPS, while some e-bikes have built-in hardware that makes them compatible with the Internet of Things. New bike locks are now IoT integrated with a standard ring lock or U lock.

Step 4: App Development

Your app solution must be hardware-agnostic, meaning it should be easy to integrate with any IoT solution. Another thing to consider is being compatible with both ios and Android as both the brands hold different market share.

( learn more about app market trends here: https://ideausher.com/blog/mobile-app-usage-revenue-statistics-to-know-in-2021/ )

The app must contain basic features such as real-time alerts, GPS integration, push notifications, QR code scanners, and an online payment system. 

(for more details, tap here: https://ideausher.com/blog/how-to-develop-a-bike-sharing-app/ )

Step 5: Permits

When it comes to bike-share permits and insurance requirements, some cities are very strict about the process. 

When the city requires your bike-sharing program permits, you’ll need to provide details around the fleet size and parking protocol. Where the bikes are stored will also depend on whether or not this is necessary.

Step 6: Get going!

With your hardware, software, and logistics all set up, the last thing you need to do before pressing play is to make sure your business mandate and marketing plans are ready to go.

Ready for launch?

Cycling has become a popular form of transport and is currently the fastest-growing mode of urban transportation. Bike share services have spread like wildfire globally, with more than 1,000 companies participating in this industry.

Bikes are an excellent option for those who want to help with global climate change, but not all bikes are created equal. If you’re interested in developing your bike sharing service, we can help you out.

Idea Usher being a leading iOS and Android app development company, we can help you develop a successful bike-sharing app like Ofo or Mobike. We offer an exclusive range of features and are available for consultation.

With many completed custom apps (have a look: https://ideausher.com/portfolio/ ) for bike-sharing businesses and a team of experienced developers, we can help take your business to the next level.

We’re here to help you. Get in touch with us via a free consultation call if you’re still puzzled about the mobile app development cost breakdown for your e-scooter app.

The post How Is A Bike Sharing Service Beneficial In 2021? appeared first on Idea Usher.

So what exactly is the hype about? What makes a mobile app so attractive that it makes users drawn towards using them on such a heavy basis?

Today in this blog, we will answer these questions by overviewing the top mobile app usage & revenue statistics to know in 2021. Let’s begin!

Mobile App Stats

In our Mobile App Usage & Revenue Statistics To Know In 2021 area, let’s start by reviewing stats about app usage and popular mobile app download habits. Using these stats, we can see what trends are going on in the apps market and understand user behavior.

1. Rise and fall in mobile app usage and desktop app usage

After sneaking a look at the Mary Meeker internet trend report, it is safe to say that internet usage is seeing a rise. But the gap between desktop and mobile users is increasing. People apparently prefer using their phones as compared to desktops.

2. More hours of mobile internet usage is spent on top apps

The difference between mobile app usage and mobile browser usage is also increasing. In 2020, studies showed that out of all the time spent on mobile, 88% of it goes on top apps rather than a browser. 

If we analyze this, we can see that having a phone-optimized webpage for your business is simply not enough. If you want to be where the people are, mobile apps are the way to go!

3. Free vs. Paid apps

While getting an app made, monetization strategy plays an integral role. It is natural that you entered this area to generate more money, but is making your app a paid one the best way to go?

If you look at the global trends, it will be immediately apparent that almost 98% of the app-generated income is coming from free apps download. There are only a fraction of people who are willing to pay for an app.

This does not mean that you completely dismiss the idea of creating a paid app. Whether to go for it or not depends on many factors.

• If your app idea already exists in the market and has seen some popularity, you should consider making your app free.
• If your app idea is unique, you can consider going for a paid download. This would mean that whoever is downloading your app is also actually engaging with it (no one would pay for something and then not use it!)
• If you already have an up and running business with a digital presence and an app is just an added accessory, by all means, go for free apps download.

4. Google Play and Apple App Store

Google Play and Apple App Store are where the majority of app downloads take place. Android users use the Google Play app store, while IOS users depend on the Apple App Store.

Google Play witnesses more traction than the Apple App Store in terms of global downloads or the most downloaded apps. Apart from that, both the app stores encounter a significant rise in the download numbers every year.

If we compare data between 2019 and 2020, Google Play saw a growth rate of 31%, while the Apple app store could only sum up a 2.5% growth rate.

If the pattern continues, then similar trends can be witnessed between 2020 and 2021 as well.

5. New Apps Releases

• On average, android launches more than 100,000 new apps every month
• On average, apple launches more than 30,000 new apps every month

Android launches new apps in the market every month at a rate that is almost thrice as fast as Apple. Why so? The Google Play Store is reportedly easier and cheaper when it comes to app launches.

6. Popular Apps Categories

When building new apps, one key factor that should always be considered is what the consumer wants. 

You may have invented a revolutionary app idea, but it will not be successful if there is no market for it.

Picking a niche belonging to popular app categories is a smart move. You can review the app store categories terms and choose a type that best suits your app idea.

Let us see the most popular apps categories so far:

• Games (21.86%)
• Business (10.11%)
• Education (8.68%)
• Lifestyle (6.12%)
• Utilities (5.79%)
• Entertainment (3.8%)
• Travel (3.8%)
• Food and Drinks (3.57%)
• Health and Fitness (3.41%)
• Productivity (3.08%)
• Finance (2.45%)
• Shopping (2.42%)
• Book (2.39%)
• Music (2.32%)
• Social Networking (2.28%)
• Sports (2.14%)

7. Most of the users have at least ten apps downloaded

In a survey conducted at the end of 2019, nearly 75% of the respondents claimed they have at least 10-11 apps on their mobile devices (excluding pre-downloaded apps). 

So while new apps may not be downloaded, users still access at least 10-11 apps on an almost daily basis.

However, app downloads are not the only thing that should be relied upon. If your app is not being used, the chances are incredibly high that it would get deleted in the near future.

8. The most common reason why apps get deleted 

The number one reason why apps get deleted is that they are not used. 

Do you ever go through your phone gallery or old text messages and start-off on a deleting spree?? The same can and does happen with apps as well.

Why the apps are getting uninstalled is what, as a business, you should be focussing on. Some of the top reasons include:

• Excessive advertising
• Excessive notifications
• Not enough space on the phone

The aspects mentioned above (or something similar to them) result in poor user experience. A poor UX can lead your app directly towards failure.

9. Retention and churn

As we have just read above, most downloaded apps get deleted due to low usage. Some of you may have already witnessed this; after the launch, your app took a surge in download numbers, but you are unable to make money as nobody is using the app!

It is a common problem among many app owners. But how to identify that it is happening to you? This is where retention and churn come in.

Retention rate: It refers to the number of customers you have retained in a particular span of time.

Churn rate: Also known as the Attrition rate, the churn rate is the percentage of people who have unsubscribed from your service. In this context, it would refer to the percentage of people who have uninstalled your app.

As per data, 71% of users uninstall an app after 90 days of downloading. What does that mean for your app?

You should stay on track with these metrics. You need to provide the users with a reason good enough to convince them not to hit the road.

A 100% retention rate is not possible. You need to stay active and develop new and creative ways to drive up your app downloads.

Although, during this process, keep in mind the interest of your existing users as well. Keep your app updated to provide them with the smoothest UX experience.

10. Top apps

When looking at the top apps statistic, it becomes clear that Facebook is the winner by all means. Currently, Facebook messenger is the most downloaded app, while Whatsapp is the app with the most users.

Top downloaded apps

 Top Used Apps

11. App spending

We have already witnessed the difference between the Apple App Store statistics and the Google Play Store. But why does that gap occur? The users are different.

Different users behave differently. We can notice that below:

• Gross app revenue of Google play store: $10.3 billion
• Gross app revenue of Apple app store: $19 billion

This revenue is generated by paid apps, in-app subscriptions, and in-app purchases.

While the gap between Google Play Store and the Apple App store may run in favor of Google, Apple takes the lead when it comes to purchases.

Google Play store purchases do see a rise almost every year. Despite that, Apple dominates the spending by nearly double.

So if you are looking at paid-app development, the Apple Play Store might be the right platform. 

12. Most of the time is spent on communications app

50% of the time spent on apps by smartphone users goes to social media apps. 

In the second place, we have video streaming apps (such as Netflix, Amazon prime, Tik Tok) by taking 21% of the app usage time.

13. App usage by age

Young people spend the most time on mobile apps, right? – Absolutely.

But that does not necessarily mean that older age groups cannot be targeted. As we can see in the table below, more senior people also spend a significant amount of time using mobile apps.

As long as you target the right niche, you can alter and create an app appropriate for your target age group.

14. Data usage as an essential factor

Many users report that data usage is a major deciding factor in keeping/deleting an app. 

Pokemon Go is a great example. The app was a significant hit amongst millennials after it got launched. But the minute they realized that it ate up a lot of data, they did not shy away from hitting the ‘delete’ button.

During development, ensure that your app uses fewer data.

15. App usage by country

Just like everything else, mobile app usage also depends on the location of the user. 

For example, app downloads.

In the past four years, app downloads have increased in China by 80%. Other countries that follow its lead are India, Indonesia, the USA, and Brazil. As these markets keep emerging, targeting global consumers would become much more accessible.

Conclusion

After reviewing the Mobile App Usage & Revenue Statistics To Know In 2021, one thing that we know for sure is that apps are a huge part of your daily lives.

Stepping into this market can mean a significant boom in your business.

Even though the data changes in some aspect, the mobile app usage & revenue statistics to know in 2021

favor the idea of app development in its entirety.

If you are holding a great app idea under their hat, the time to act upon it is now. You can use the data mentioned earlier to review the app industry from a downloading and using point-of-view.

If you are ready to build your app in 2021, contact Idea Usher today! Our tech experts will guide you through the entire process and help you create the app that will skyrocket in the market! 

To get started, you can catch a glimpse of our portfolio page and see our previous work.

P.s: Did you know that we have a secret surprise for you? It is a free ebook that comprises all the entrepreneurial secrets that you didn’t even know you needed! Tap here!

The post Mobile App Usage & Revenue Statistics To Know In 2021 appeared first on Idea Usher.

Let us start with the basics.

Fidelity stock trading app

Fidelity Investments is one of the best tradings app available in the market. It offers $0 commission stock, ETF, and all other options. Some other features that make fidelity stand out are: 

#1 Usability

• The fidelity trading app is a user-friendly application. The firm has very smartly offered two platforms – one for active traders and one for basic investors. 
• The onboarding process created by fidelity is relatively simple, especially if you are adding another account to an already existing household.
• They also have a web-based solution that offers a plethora of analytics, such as charts and watchlist, that makes trading much easier for basic investors.
• Their Active Trader Pro platform offers more experienced traders a more comprehensive range of features than what they offer on their web solution.

#2 Experience: Web Solution

• As also discussed above, the workflow of fidelity’s web solution is relatively simple. Analytics such as real-time news and tickers can help ensure the position of your trade at all times.
• There are many tabs and drop-down choices that the trader must choose from when looking for new trading solutions.
• Under News & Research, traders can find stocks by market cap, dividend yield, the top rating in the sector, etc.
•  Although a few default filters can be set in advance, the trader must make most of the trading choices on the spot.

#3 Experience: Mobile Application

• You can exchange stocks, ETFs, choices, and standard assets on a fidelity trading app, yet not fixed pay.
• Fidelity has empowered partial offer exchanging on its mobile applications; clients determine dollars instead of shares when entering a request. 
• The mobile application is filled with features capable of just as much as the web solution. Traders get pretty much all they need to indulge in trading.
• Analytics (such as charting) is limited but available.

#4 Range

• Fidelity offers a wide range of offerings to its clients.
• They can access a wide swath of assets on its web solution and the Active Trader Pro platform.
• Equities, options, and trader funds are available on the app.
• Although, one setback is that the fidelity trading app does not enable futuristic offerings such as cryptocurrency.

#5 Types Of Order

• Fidelity allows the users to access a range of orders such as one-cancels-another and one-triggers-another on both the website and Active Trader Pro.
• The mobile application does not process conditional orders yet.
• Using Fidelity’s basket trading services, the trader can select up to 50 stocks (known as a basket) and monitor, trade, and manage them as one single entity.
• This feature is uncommon between trading apps.

#6 Technology

• Fidelity uses Fidelity Dynamic Liquidity Management (FDLM) as its execution engine to seek the best prices.
• This improves the all-over average for its clients.
• Although, when it comes to options, fidelity relies on third-party smart order routing technology.

#7 Cost

• Fidelity’s fee complies with the other industry tycoons, especially since they introduced their zero-fee policy.
• There is no commission on ETF, OTCBB trades, and online equities.
• Another benefit is zero pre-leg commission on the options trades.
• There are, though, per-contract commissions costing around $0.65
• They charge a fee of $75 on some mutual funds like Vanguard Funds.
• The trader must take a good look at the international trades as fidelity charges a significant commission on those.

#8 Research 

• The research filters available on the website include flexible screeners made for stocks, ETFs, mutual funds, and fixed income. Additionally, a range of tools and calculators are also available.
• There are also numerous built-in screens that can be customized. One of them is the ETF screener. It has a similar look and feels like the stock screener, but its analyst ratings make it different. 
• Similarly, for options, fidelity provides traders with expert scanners as well as customizable scanners.

Are stock trading apps worth it?

In mobile trading buzz, many traders wonder if you can make good money out of it. 

Now downloading the application itself may not be enough. But, with a good strategy in hand, you can make money.

Let us walk you through that strategy and clear the are stock trading apps worth it. Dilemma.

Step 1 – Find a trading app.

Naturally, you have to begin with finding the trading app that would suit your needs best. 

(in the latter section of the blog, we have discussed the five best stock trading apps in the market. This would help you choose one for yourself.)

Most of the apps available these days are focused on a particular trading instrument. That is why we would suggest you decide which instrument you will deal in and then download the app.

Step 2 – Learn how to trade.

Let’s face it. Trading is no child’s play. One must need a basic understanding and know-how about how the process works.

But thanks to the magic of the internet, there are many courses online that you can attend for this skill. Some of them are ebooks, some videos, and some webinars. You can choose the one that you prefer.

As per our experience, the best way to learn would be a course + demo account.

What is a demo account? It is a risk-free trading platform for beginners. Many trading apps provide these as well. Here you can practically learn trading by actually doing it and not incurring any risk.

Step 3 – Start off!

Now that you have the necessary knowledge and a trading app in hand, it is time to develop your strategy. Your strategy can depend on the availability of funds, timeframe constraints, and the instrument you wish to deal with. 

Once you decide on all of the above, start trading!

What is the best stock market trading app?

To find out what’s the best stock trading app, several factors need to be taken into consideration. After running a thorough analysis, we have come up with the following five best stock trading apps:

Ameritrade

TD Ameritrade has something to offer for everyone. Their basic mobile application is a good choice for beginners or investors who are always on the go. Professionals can level up on their upgraded app for a better trading experience.

The TD Ameritrade brokerage account has no minimum limit or hidden fee on trading stocks and ETFs.

Fidelity

Since we have covered enough about this platform above, let us have a quick summary. 

Fidelity’s platform range provides convenience to both beginners and professionals in trading. As they offer $0 stock and ETF, a lot can be done here at a much lower cost.

Fidelity offers app versions for IOS devices, Android devices, as well as Amazon devices.

Webull

Webull is an excellent platform for experienced traders. It is not heavy on educational resources, but it does offer plenty of features.

The highlight? It is almost free! They charge no commission on trades (including stocks and ETFs). They have introduced cryptocurrency, but finding other sources like bonds and mutual funds will be difficult.

SoFi

Short for social finance, SoFi provides loans, banking, and investment via their mobile application. If you are someone looking to learn about stock trading, this platform is ideal for you.

They offer commission-free shares and stock bits (fractional shares). Their low minimum balance requirement is $1. The learning section under the investment tab can make choosing the perfect trade easier.

Tastyworks

It may not be as popular as the other ones, but it is equally good. Its app is the perfect place for options trading.

There is no free on stock and ETF trading. The app offers some advanced features that may confuse beginners.  

How to make a stock trading app like fidelity?

To develop a successful trading app, there are a few stages that one must follow:

1. Market research
2. Core marketing strategy
3. Application architecture and design
4. Choice of platform
5. Testing and quality check

One can follow these stages flawlessly only if the development team is aware and uses a comprehensive set of tools.

Trading apps consist of extensive data. For this reason, one must go for an automated rules-based mobile trading app using multi-language third-party APIs. 

Features that a stock trading app must include:

• Dashboard: on an online dashboard, the user can access all their data, leading to a friendlier user experience.

• Real-time updates on stocks and charts: the app can provide traders with real-time stock fluctuations to help them stay on track.

• Screeners and scanners: these screeners will use metrics and data analysis to derive the stock charts and other important information.
• Watchlist: these watchlists keep track of stocks and update users on the prices. Using this information, they can decide and plan their investments.

Conclusion

In this new millennial era, stock trading apps will take the lead. Major investment decisions would also be taken via such apps. 

Now you know and understand the key points of stock app development. Use that to your benefit by getting your own trading app developed. Idea Usher can provide you with the best resources for your stock trading app development.

To have a look at the quality of results we provide, take a look at our portfolio page. If you are still not convinced, try contacting us for a free consultation with our tech experts.

P.s: We got a surprise for you! In our new free E-book, we have compiled a list of top-secret entrepreneurial skills that can help you skyrocket your business! Grab your hands on it today! 

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FAQs

Q. What is a stock trading app like Fidelity?

Ans: A stock trading app like Fidelity is a mobile application that allows users to buy, sell, and manage stocks, securities, and other financial instruments. It provides a platform for investors to access real-time market data, execute trades, and monitor their investment portfolios.

Q. How do I monetize my stock trading app?

Ans: You can monetize your app through various methods, including:

• Charging users for premium features, such as advanced analytics or research tools.
• Offering subscription plans with tiered benefits.
• Taking a commission or fee for each trade executed through the app.
• Integrating sponsored content or advertisements from financial institutions.

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