Globally, 137,000 new startups launch every day, making today’s startup landscape more competitive than ever. More and more startup founders are looking for app development partners, as experts say that startups with mobile apps are valued at over 800% higher than those without apps. From the health, to transportation, food, media, and even wellness sectors, funding is more prevalent than ever. In tandem with mobile app development, these tools have the power to be a key differentiator for startups hoping to survive their first five years.
There are several benefits that mobile apps bring to budding businesses. First, they ensure a better user experience with greater accessibility to all types of consumers. Additionally, every dollar spent on user experience leads to a 9,900% ROI, allowing app usage to facilitate cost-effective growth. In fact, 74% of organizations see positive ROI from their mobile apps. Using apps to boost business also validates ideas in the eyes of investors, showing others that the venture piques consumer interest, has long-term viability, and will be profitable. Finally, apps can provide an additional source of revenue through in-app spending, ads, or subscription bundling.
There are several third party mobile app development partners that are dedicated to making it easy for startups and scale-ups to create mobile apps. Popular apps like Glorify, Imobiliare, and Tenor are success stories of startups that have reached new heights through mobile app development. Each of these platforms has garnered millions of downloads and millions of active monthly users. They are also earning positive reviews and consistent engagement with their audience, taking the business to the next level.
Especially in a time when people rely on their smartphones for nearly every aspect of life, it is paramount that startups get their ideas at people’s fingertips. Accessibility, consistent visibility, and tremendous growth is possible when startups and scale-ups partner with mobile app developers, ensuring success above and beyond the current precedent.
Source: Tapptitude
