Having a smartphone and not using any social media app is something that a lot of people might find it hard to believe. Such is the power of social media apps that can instantly make us feel connected with the entire world. Almost 5.24 billion people right now are using social media, which is 63.9% of the entire global population.
You will be surprised to know the numbers of users are adding on each year or even each month to this number. So, take the opportunity and opt for social media app development services, as this can get you an unimaginable profit in the upcoming years.
This guide will help you know some effective ways of such social media app development before the actual operation.
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To understand the norms and methods for social media app development services you must at least have some idea of its ongoing trend and future possibilities. Let’s then begin by getting some insights into this market along with the key types of social media apps, so that you can choose your preferred one.
With more digital exposure, social media apps are only seeing growth with the right strategies put in place. Here are the key statistics to note if you are considering social media app development services.
Social media apps, however, vary widely when it comes to serving the different needs of the audience. Note their types as well.
These are the classic platforms where you create and share your content or communicate with your friends and the greater audience. For example, Facebook, LinkedIn, etc.
They are more focused on sharing multimedia content, mostly photos and videos, rather than written content. For example, Instagram, Pinterest, Snapchat.
Here creators create content solely for a global audience to go viral and monetize their profile. Instagram and TikTok are classic examples of content sharing networks.
These platforms provide space for users to ask questions as well as share knowledge. You can take Quora and Reddit as examples.
Here people with similar hobbies or interests find each other to connect. Goodreads is for avid readers whereas Hauzz is for home decor enthusiasts.
Here consumers share their valuable feedback to help each other to know a particular place or service. Yelp, TripAdvisor, etc. are the best examples.
They are designed to enhance internal communication and collaboration for smooth operation within an organization. Microsoft Teams, Slack, etc. are examples of this social media app type.
These apps are focused on encrypted person-to-person communication, replacing the traditional messaging system. Needless to mention the names; WhatsApp, Telegram, or Messenger.
Social media application development comprises several key components coming in perfect sync with each other. This includes an extremely intuitive user interface, seamless navigation, features enhancing engagement, etc.
Besides, ensuring security as well as scalability in the development stage are extremely important to make it effective in the long run.
While developing social media apps, it becomes essential to include some core features that define them to be unique and, at the same time, true to their type. Those essential features of social media apps are;
Before delving deep into the social media app development services, know the difference between MVP or minimum viable product and advanced features. The MVP features are the essential ones without which your social media app cannot operate for a day.
While on the other hands incorporating advanced features becomes essential to be relevant in the changing dynamics of social interaction and new trends.
From a business perspective, investing in social media app development is immensely beneficial. Some of the advantages are-
No matter what specific business you are catering to, offering knowledge-sharing facilities through a social media app will always benefit your company. With more and more consumers turning to mobile applications for interactions, you must know the reasons why your company should opt for it.
Social media app facilitates easy communication between customers and business owners. This quick and fast communication approach kindles trust among the users of the company. They can feel secure while using the app to purchase or sell anything, knowing that the app will look after any fraudulence.
Depending on your social media app type you can generate profit from in-app advertising. For instance, fitness-specific social media apps can tie up with fitness accessory brands to advertise and get commission money. Besides, paid premium memberships, and partnerships can gain you extra profit.
Having a social media app to complement your business will anyway give you a competitive edge in the crowded marketplace. An intuitive app responding to your customers, letting them interact with each other, and sharing their thoughts about your brand, will eventually make you stand out as a business above others.
Before contacting a social media app development company take a look at the tried and tested monetization strategies that you can apply. They have the potential to retrieve the initial money spent on such app development along with the guarantee for further profitability.
Let’s discuss these strategies in short.
This is the most widely performed monetization strategy. Here, using the huge existing user base, social platforms direct custom advertisements to generate leads and profit from their partners. Platforms like Facebook, Instagram, or TikTok use the personal data as well as browsing habits of their user to deliver targeted ads.
By making a premium version of an app, or offering special features in their subscription package, social media apps can gain sure profit. LinkedIn is a great example of this, as it offers special features like InMal, Job-matching, along personality improvement courses in its paid version.
You can also strategies to monetize some special features or offer some tools for purchase. Buying some filters and stickers can be effective for media-sharing networks.
With the partnership of relevant brands and services you can earn revenue through commissions. Offering referrals for your partner can mutually benefit businesses.
There are quite a lot of technical aspects involved in social media mobile App development. From offering general chat options to integrating AI in it for on-time suggestions, these technical aspects are subject to constant improvisations. You will require solid coding as well as data storing backups to operate these apps smoothly.
Tech stack, being so important in social media app development, demands you to choose the right sets to be effective as well as profitable in your journey.
Note down what specific tech stacks you will require during your app development:
If you are interested in developing your own custom business-specific social media app by now, take a look at the social media app development process as well.
Here are the key steps to follow:
Before heading towards the development set your purpose and identify your niche and the audience you will target. This will help you strategize to address them soundly.
Analyze the performance of your competitors, their merits and demerits to understand what to follow and what to skip. This will further help you fill the gap or painpoints of your customers.
Ponder on what exact monetization strategy will suit the most with your sort of social media app. While offering free-to-use apps with advertisements favors some, others find it useful to offer premium ad-free models.
Select the exact tech stacks you want to rely on for your app development. You can consult with the app social media app development company itself to make useful choices.
While in the development phase, focus more on enhancing the user experience. Use an intuitive app interface, easy navigation, and custom features.
Make sure that the basic features are top-notch, then test the beta version multiple times, gain feedback. It improves your model to get a stunning end product.
Add some advanced features without which you cannot upscale your social media app for the future. AI, AR/VR, chatbot integration, etc. are some such advanced features you cannot overlook.
When your app gets ready and launched with ease, make efforts to market it well with consistency. While at the same time, maintaining and upgrading its performance through constant modifications will be equally important.
Budgeting for your social media app development is extremely crucial. Understand the fact that, with more numbers of modern, futuristic, and complex features, you will have to go high on budgets. But quitting them is not also an option, otherwise, users will not think twice about replacing you with another advanced one.
Thus sit with your trusted social media app development company for effective budgeting along with their approach to mitigate the common challenges like security, scalability, etc. of mobile app development.
The social media app development cost will not be the same for all. Simply because it entirely depends on what levels of intricacies you are incorporating in your app. Decide whether it will be a traditional social media app or somewhat unique with innovative features.
Simple apps can cost around $30,000 to $40,000 to develop. But this will not be feasible for you in the long run. With the infusion of modern features, these same apps can cost around $200,000 to $300,000.
The development of social media apps is not devoid of challenges. With so many players already in the market making your own prominent space will not be easy.
Check out the challenges so that you can address them strategically along with the help of your mobile App development company:
To conclude, social media app development comes with its set of opportunities for businesses and entrepreneurs alike. In order to build a successful social media app know the ongoing trends and swifts as well as the gaps in the pre-existing model, to offer something new. Besides, the understanding of their key features, development stages, cost, as well as challenges will help you in the time of action.
Being one of the top-rated media app development company, A3Logics offers creative, innovative, secure as well as scalable social media apps for you. They have a team of expert developers who work with complete dedication to make your ideas fulfilled in reality.
Their cutting-edge technical support along with years of success will help you launch your feature-rich social media app at your preferred budget.
Marketing Head & Engagement Manager