Is An App Really Worth The Investment?

How do you know if your upcoming app project is worth the investment? Well, there are no easy answers if you don’t know what indicators reveal the potential success of your app project. And given the propensity for media hype to center on the most popular apps, this only muddies the waters.

One way to test whether your app idea will hit the mark is by creating a minimum viable product (MVP). But this isn’t always a feasible option, especially if you’ve already started developing a fully featured app. 

Or you may already have released an app that was languishing in the app marketplace. Then you decided to update it and noticed an uptick in downloads and user reviews. However, you’re still unsure whether this updated app warrants further investment. Below, we reveal several of the most pertinent reasons for whether an app is worth the investment. 

Invest In An App To Stay On Brand

If you’re trying to promote the company brand or an appreneur that develops apps for brands, an app is worth the investment. And that’s because you’re trying to reach customers in as many avenues as possible. Furthermore, you want your brand identity and messaging to be uniform across the board. 

But how would you stay on brand with an app? Well, it’s likely that your company already has a website. It’s also likely that the graphic design, photography, and user interface (UI) reflect the identity of the company brand. 

So, when you decide to develop an app, you’ve already got a blueprint of the design language. The colors, gradients, fonts, icons, user experience (UX), and art assets should follow a standardized format. Once you release your app, customers already familiar with your website will have an easy time navigating your app.

Apps With High Retention Rates Are Worth The Investment

We may have entered the post-COVID-19 phase of the pandemic, but the work-from-home trend continues. That means that many workers won’t be going back to the office or have little desire to return. And that’s a good thing for appreneurs, as having millions of people working from home opens up many opportunities.

Not only that, business, education, and fitness apps boast the highest retention rates. And if you’re targeting any of these market segments and solving a real need, your app may be worth the investment. Moreover, since users will spend significant time with your app, it’s yet another opportunity to promote your brand and stay on brand.

Take Advantage Of New Hardware Features

Smartphones and tablets constantly evolve, especially when manufacturers such as Apple and Samsung release their premium models. Users of these devices expect developers to take advantage of their additional features and innovations. 

And it’s now possible to deliver content and experiences that wouldn’t seem out of place on a powerful desktop PC. So, if you’re a boutique software developer specializing in specific app niches, consider if these are a good fit for premium devices. 

For example, you could be developing an illustration app that takes advantage of the 120Hz refresh rates of these devices. The higher refresh rate allows for smoother drawing when using a stylus, which isn’t possible on 60Hz screens found on lower-end models. Such an application would attract and satisfy professional users willing to pay for using your app.

The Bottom Line

Companies that invest in apps can further increase the stature of their brand across the web and mobile. And new hardware and the work-from-home movement offer appreneurs many opportunities to spread their wings and develop apps that truly are worth the investment. Contact NS804 to learn how we’ll help you develop apps that will excite and satisfy your users!