The pricing of apps has become extremely competitive today. So many freelancers and companies are ready to build one for you. From choosing the OS to the developer, a number of variables are involved in determining an approximate cost. Furthermore, quality testing is to be performed after which publishing takes place. Additional features imply additional charges. To overcome confusion, people generally follow one of two methods to determine overall pricing.
Here are two recommended pricing methods which can help you with your mobile app development project.
Fixed Pricing:
Here, budget and timeline are estimated and fixed in advance. All features, functionality, and platform are to be pre-decided and clearly explained and understood before an agreement with terms and conditions is signed by both parties.
Advantages:
Mutual understanding is attained between developer and client. Budget is worked-out and price is fixed. So, you don’t have to about any extra charges and app will be delivered within a set deadline. Simple ones that need not require step-by-step monitoring and guidance are best suited for this method. Moreover, if you have a crystal clear idea with respect to all variables involved, this method is the best way to go.
Disadvantages:
Scope for modifications is very limited. No changes are allowed after agreement between you and developer. Therefore, it is risky as quality may be compromised. You can’t expect developers to cater for minor corrections under the same agreement. Extra charges will be applied.
Hourly Rate Pricing:
Here, price is not fixed before-hand. You will be charged on an hourly basis and it varies from region to region. Flexible routine allows you to make alterations in features and functionality during the development process.
Advantages:
If you can get the app developed in a short span of time, expense reduces. The client can get involved in the development process and give inputs from time to time. Any unnecessary feature can be removed along with its charge. Developers will not rush the project as there isn’t any deadline to complete it and hence, quality is retained. This method is most suitable when you’re keen on testing and validating the app.
Disadvantages:
If there’s any delay in the process, product delivery is also delayed and in-turn expense will shoot up. Since the price is not fixed, you won’t know the exact investment required. So, you’ll have to be ready to face an exorbitant amount.
At the end of the day, it all depends on your requirements to determine which method suits best. If you have a well-defined idea about all aspects of the app, you can go ahead with fixed pricing. On the other hand, if you are focused on testing and validating, hourly pacing suits best. Openwave is an exemplary mobile application developer. Hire us to avail top-notch solutions, today! Ring us @ +1(212) 209-1537
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