15 years ago, development companies offered business owners web-design services and barely received orders. That occurred due to a certain lack of foresight of many entrepreneurs.
Today, a business without a website is unimaginable. And those companies that have taken care of this tool in advance got the lion’s share of customers, while others just regret that they couldn’t be among the first.
The era of mobile technology has come after the Internet revolution. Right now, the time has come to use new effective tools that burst into our world along with mobile devices. It’s about mobile applications.
And now business owners are investing hundreds of thousands of dollars in mobile app development and hiring top banking software developers to stand out from the competition, maximize profits and take their business to the next level.
How Does A Mobile App Contribute Company’s Success?
- Increase in sales
Firstly, it’s much more convenient to order services or goods using an app than a website or, even, a phone call.
Secondly, the application installed on a smartphone will always be in front of a person’s eyes, reminding him of your company.
Thirdly, various features can be integrated into the application itself to attract attention and increase sales – push notifications, an accumulative discount system, the company’s news, promotions, and so on.
- Higher customer loyalty
Loyalty programs encourage repeat sales. For instance, a bonus system motivates clients to make several purchases before they can get a discount. That is, buyers will come back again and again, accumulating discounts, and the business will get profit and loyal customers again and again.
Your company’s loyalty program in your mobile application replaces the bonus cards and enables clients to free up space in the wallet. A great way to win the customer’s favor, isn’t it?
- Increasing awareness
App development for iOS and Android is well suited for building the company’s image and awareness. The presence of application shows that your company is keeping pace with the times and is ready to offer customers the maximum in terms of service and convenience.
- Competitive advantage
Numerous companies use flyers, radio advertisements, SMS marketing, websites, and social media to promote their business. You hardly find a dozen applications in the AppStore and Goolge Play designed for buyers within a particular city or region. It means that your business’s mobile application development gives a sustainable competitive advantage. You will definitely stand out in your area.
- Interaction with the client
Several functions can be implemented in the application to make life much easier for both users and you.
First of all, a person can enter and save personal data to simplify and speed up the purchasing process in the future.
Secondly, a person can use this application even in offline mode.
Thirdly, the application creates a unified system of communication channels with the consumer – the only way to achieve the modern level of customer service.
When Should I Invest In Mobile App Development For Business?
App development is worthy if you are sure that your application will attract users. If you manage a small store or restaurant, then this isn’t for you.
The cost of developing, supporting, and updating the application should pay off the benefits obtained. That is, you must understand the profitability of the project.
For instance, business applications are profitable in such cases:
- to control remote employees (location, data collection, price monitoring, audit, vehicle control, and much more);
- to organize b2b sales (sending orders, viewing stock balances, working with a client base);
- to provide a product catalog;
- to increase sales in b2c, retail segment (ticket sales, ordering goods, table reservations, etc.).
If you own a fairly large business and have a development team on staff, you should definitely read about in-house development vs. outsourcing, as well as the pros and cons of such an investment.
Your business app will help you better study your audience: their age, social status, hobbies, level of financial well-being, and even the specifics of their activities. This data will allow you to adapt to their needs more accurately and thoroughly satisfy their wants. And this is an incredibly cool tool for improving audience loyalty and increasing sales.
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People are currently underestimating power of mobile app development and this is the golden opportunity because currently the competition is relatively low in this domain.
Thank you for your valuable tips.
But one company I wanna suggest that actually serve value.
Mypcot rated as the best app development company in India by 2020.