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Issues to consider before developing an App. Issues to Consider Before Creating an App. Competition among free or .99 apps Low cost apps make it difficult to break-even 77% of all apps sold are priced 1.99 or less App store is like a supermarket--everyone is fighting for shelf space.
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Issues to Consider Before Creating an App • Competition among free or .99 apps • Low cost apps make it difficult to break-even • 77% of all apps sold are priced 1.99 or less • App store is like a supermarket--everyone is fighting for shelf space
Issues to Consider Before Creating an App • Every vendor is vying for prime real-estate in super markets • App developers are also trying to stand out in a crowded market • The number of apps for sale has exploded
Issues to Consider Before Creating an App • App developers hope their app makes it in the top 100 category, the What's Hot category......
Strategies to Creating a Winning App • App sales fall into three categories: • Big Win Apps • Steady Win Apps • No Win Apps
Strategies to Creating a Winning App • Big Win Apps: • Explosive sales • Usually games • Impulse items • Priced in the .99 - 1.99 range • Longevity of this app is short -lasting only months • Companies then go on to create a new app • Creating paid add-ons and updates to increase/ maintain rev stream
They are simple and easy to learn • Low on learning high on enjoyment Strategies to Creating a Winning App Big Win Apps • They are simple and easy to learn • Low on learning high on enjoyment • More difficult for entrepreneurs to create game apps because large corps have development staff to continuously innovate • Large corps have the funds to advertis
Strategies to Creating a Winning App Steady Win Apps • The majority of new apps fall into this category • These apps rely on app reviews, blog posts, and making it into the App Stores "Wall of Fame" • They also rely on marketing efforts • They have a higher price • And are usually created by independent entrepreneurs
Strategies to Creating a Winning App The No-Win App • Sometimes really good apps fail to sell • 15, 000 apps were uploaded to App Store and are now inactive • You must determine if there is a market for your app • It must be well written--hire a good programmer • You must market your app!