Cost of MVP Development and Marketing of Uber-like App

How much does it cost to develop Uber like app? Summing up, if you choose to hire an outsource company, the cost of Uber MVP will be roughly $34000. The local agencies’ price will be approximately $100000. Meanwhile, the most-budget friendly option is hiring freelancers, which will cost you about $17000. There are four main options to define the development cost of MVP ⁠— outsource companies, local agencies, in-house development or hiring freelance team. Let’s consider an outsource option. The average price for an outsource specialist in Ukraine is $30 per hour and thus, for example, the four-member team will cost $120 per hour. In comparison to outsourcing companies, we can take a look at the local agencies. Their prices will be approximately 3 times more expensive.  If we are talking about freelance specialists, the price will be much lower compared to outsource. But you may face a lack of mutual understanding, poor coordination and specialists unwillingness to bear responsibilities. The total cost for developing with the basic features can be seen in the summary table below. It also includes the process of development, project management, quality assurance and code review. What does the cost of Uber-like app include? Essentially, the cost of developing an Uber-like app depends on your vision of the project. The main factor that influences the final cost is the set of the chosen features. You can add your own as well as use some advanced features Uber has. It fully depends on the general concept of your future app and estimated budget. The platform type for your app will certainly affect the cost. I will recommend you to solve this question only after comprehensive research on your potential audience and its needs. You can start with developing an app for one most utilized platform. But, usually to develop an MVP you need both Android and iOS versions. Marketing Strategy The Uber story of success bears a faint resemblance to Cinderella story. The company entered the market with a clear-eye understanding that it would be good enough to reach 5% of top U.S. cities and hit $20 million in revenue. But everyone knows the story ending ⁠— they covered all top cities in the U.S., 30% of the world’s countries and generated $11 billion in revenue. Pretty interesting turn of events, isn’t it? The Uber’s controversial path to success, however, was premised on the various right (and sometimes on-the-edge right) marketing decisions. Thus, you need to understand that the main expenditure item of the MVP is exactly the marketing, not as much as the development itself. In 2010 UberCab, as it was called in those days, launched in San Francisco with prices about 1.5 times as much as standard cab. However, it was so easy to order a car, that people were ready to pay more. Along with providing various customer benefits, Uber focuses on various target groups. It offers them various ways to ride in the selected area. They cover different needs and have different prices. Thus, Uber has economy UberX, premium Uber Black and other products Uber WAV that have their own targeted strategy. Why your app is worth developing? Today Uber faces a strong competition and the market needs new solutions as never before. The ridesharing is still trending. Moreover, its market is anticipated to grow with a healthy growth rate of more than 20% over the next 6 years. It may be hard enough to beat Uber, but I would recommend not to set this mission at first place. What is important here is to work out your own strategy, consider the features you want to implement and don’t be afraid to find a room for innovations. Your future app can be the next game-changer, if it introduces changes to the market. Anyway, the first thing you need to do is to set your own goals and move stepwise. That is the only way to yield favorable results and become successful. Original post -https://spdload.com/blog/cost-of-uber-like-app/