How much do Apps cost and earn for the developer?

Lots of people like the idea of building an App and selling it to millions of users. So how realistic is that if you have an idea? Seem like a quick way to make a buck? Here’s the reality check!

One survey suggests the average development cost is around $US270,000 and 7 months to a year of development.

Another calculator suggests a basic App can be built for around $20,000. Or a very small one for $3000-$8000.

If you are thinking about building an App to get rich, read the article at http://www.bluecloudsolutions.com/blog/cost-develop-app/

That suggests between $3000 and $250,000 depending on complexity.

But then if you get it right, and find a market, there is money to be made. The makers of Angry Bird made over $1 billion from it – bet that was nice surprise! But there are also loads of Apps that have virtually no downloads (or are offered for free).  One article suggested the average return per download was about $0.18 or less. Do the sums! OK if you get millions of downloads. If!

Don’t start till you have a very clear idea of what the App will do, who will buy it and how you will market it to them. And if you want to share some of your wealth with someone who helped you in the process – call me!