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Charles Hopkins

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Most people in the world have smartphones now and they use it for the vast majority of the day. Whether they use the messaging feature to communicate with their friends and loved ones or using the streaming service to enjoy their favorite movies and music, there is pretty much a wide array of apps to cater to the different needs of the people.

That being said, most business owners would want to capitalize on this new trend by creating an app for their customers to use. There are plenty of advantages as to why successful companies do this. Here are some:

  1. It Widens Their Coverage- As people use smartphones every day, companies can leverage this and widen their coverage by releasing an app that brings convenience and functionality to the masses.
  2. It Increases Sales- Because of the convenience of just using an app to, say, buy things, a lot of people would do given that they don’t have to experience the hassle of going to the storefront.
  3. Notify Customers Immediately- Gone are the days where you have to hand out print ads for promos and discounts. Having an app that gives out push notifications whenever you have a promo or a discount saves you so much time and money.

With all of those advantages, it would be enticing for a CEO to create their own app for their business. Now, how much does mobile app development cost to have an application developed for them?

Android

The Android Operating System offers extensive compatibility given that most of the smartphones on the market sport this OS.

With that being said, because there are too many devices, it can take quite some time for developers to test the app rigorously for bugs and other problems.

However, the development kit that is needed for app creation is free and it is supplied by Google. Therefore, Android apps are generally more affordable than iOS apps

 

iOS

Apple’s own line of smartphones present some advantages. Because there are only so many devices, developers can quickly create an app because they only have to test it on only a handful of devices.

This means that the development time is much faster than creating Android Apps, and because of the integration between hardware and software, is much more stable.

However, given these advantages, iOS app developers can slap on more expensive prices. Still, if you have the money to do so, iOS apps are generally more loved by the public due to its intuitive nature and reliable.

 

General Costing

I am now going to talk about the costs for both Android and iOS apps. Here are some data on the general costing of Android apps depending on its complexity:

For Android

Basic: $3-$10,000

Complex: $15- $30,000

High-tech: $60- $100,000

Games: $5-$200,000

For iOS

Basic: $5-$10,000

Database/Technical: $8- $35,000

Games: $10- $150,000

Conclusion

For a business to succeed in today’s age, you need to have an app created for your venture. Android apps take more time to develop, however, they are much more inexpensive than their rivals. On the other hand, iOS apps are easier to develop, but it can be quite costly.

 

One major hurdle faced in starting ecommerce sites is how to make potential customers to trust you. It’s hard to look reputable enough for people who wants to buy from you if you’re still new to the game. It is important to garner the trust and love of people for you to be able in successfully selling your own goods.

So how do you get people to trust in your e commerce company business? Take a look at these 5 reliable tools and tactics that can definitely help you to get on the right track.

Social Proof

Nobody can deny the impact of social proof on a product or website. Majority of customers browse for reviews before they consider on purchasing something online. People trust product reviews more than they trust the actual copy that came from manufacturers. This instill confidence in the buyers and influences their decisions to buy. A smart move is to add customer comments and reviews on your store and in your products.

A modern website that is mobile friendly

Always remember that first impressions are the key. Customers don’t trust you yet the first time they visit your site. So by having an ecommerce store that looks unprofessional and not maintained, doesn’t work well on mobile, has poor copy and content, light on graphics, and basically looks like it was made by a 10 year old, sends signals to customers that your site may not be legit.

Establish your story

It takes more than a few positive user reviews and a good looking website to establish your credibility online. You need to be known as well.

You need to introduce yourself and tell your story to your clients so that they can get to know better on the business they are spending their money on. Tell them the value that you want to share and what your company represents. By doing so, you are creating trust between you and your customers and it eases the buying experience for them. Utilize blog posts to tell your story repeatedly in different ways.

Customer support that’s easily available

Ensuring customer satisfaction builds trust and reliability towards your online store. By letting your customers know that you are ready to handle their questions and problems immediately, you are making them feel safer to purchase from you. Problems will always surface during shipping especially on a defective or wrong product, billing issues, etc. when purchasing online.

Your contact details like email, phone number, company address (not website) should be prominently displayed for your customers to see so that they know they can reach when they need something.

A clear return policy

Customers can have their peace of mind when they know that the company they bought is stands behind their products. Inspire trust in your customers by having a clear and reasonable return policy for situations when their purchases don’t work out for them.

 

Reasonable prices and quality products isn’t enough to gain conversions in your site. You need your customer’s trust if you want to run a successful ecommerce store.

Regardless if you are a small business or a big business, it is not that easy to have loyal customers. You need to advertise in order to sell and how are you going to do that now that people are becoming smarter consumers and the competition is tight? Simple. Use social media for business. There are many good reasons to utilize social media platforms to your advantage. The first one is that it helps you build your presence and that’s an effective way to grow as a brand. Besides, the growing popularity of social media is enough reason to use it. If you have yet to join the bandwagon, here are some tips that can help you succeed:

  1. Be clear with your plans. The first thing you have to work upon is to come up with a clear strategy. Your plans should be concrete. When you do not have a plan, it is possible to create mistakes. The added benefit of having a plan is that you have a direction and you are certain with the things you are doing. In business, it is crucial to get leads and sales apart from having many likes and shares. You have to use a calendar to organize things. The calendar also reminds you when it is time to produce your content. For an online calendar, there are paid tools and even free ones that come with this feature.
  2. Do your best using the right platform. This is important especially if you are just getting started. The problem is that many businesses do not take this into consideration. The reason for this is that your targeted audience might be more active on a particular platform. If your followers are more engaging on Instagram than on Facebook, you have to post more content on Instagram. That being said, do not forget that Facebook remains on the top of the list. More and more people are utilising Facebook the same way they used to utilise Google.
  3. Know the pain points of your consumers. This is the part where two things could happen. A few businesses could fail or it could be the reason why some brands are getting ahead of their competitors. They understand their audience completely. They know what these people are attracted to and what they dislike. Beside getting a clear plan of your own objectives and goals, it is also important that you know your own targeted audiences goals, wants, and needs.

Understand the power of social media and its benefits on ecommerce. This medium has truly changed the way we do business. So there is no reason you should ignore it. From being a simple platform where we can share ideas and reach out to family and friends, social media is rapidly becoming a great place to promote a business. Where there are people, there is an opportunity to get leads and there is no better place in marketing online than social media platforms.

In having a better state of finance, proper money management planning is crucial despite it will take some times to comprehend the whole concept of finance and simply improve it. In other words, in mastering on the concept of the finance, it require high amount of commitment and proper understanding on the situation of the finance.

Here are steps in managing your finance:

  1. Create a budget

As the first step in managing your finance is, having proper budgeting on your financial. Creating and sticking to your is not an easy thing to be achieved at first, yet it will help you to analyse the state of your finance with clarity and full of transparency. By that, it could assist you in having better process in managing your money.

Besides, it is the first step for you in paying all of your debts and start your personal savings for your future expenses such as for your retirement, a mortgage and a car. In other words, to achieve a balance financial life and give you a peace of mind, you need to understand your expenses and your income completely in managing your financial state.

 

  1. Understand your income

It would be the most important aspect to understand on the state of income especially when it is related to your expenses. High number of people could know the monthly amount of their income, but do not know the exact amount of their expenses in every month.

In figuring out on your monthly expenses, you could simply subtract the amount of your income per month with your expenses.

 

As you have gain that amount of the result, simply make a proper analysation.

  1. If you end up with negative number: it means that you are spending more than you made.

Action that should be done: Reduce your spending and your expenses

 

  1. If you end up with positive number: it means that you are spending less than you made.

Action that should be done: Increase the payment of your debt or simply increase on your saving.

 

Once you have understand the concept of your expenses and income by knowing the exact details on the cash in and cash out, it would be the suitable time to proceed to the next step in managing your finance.

 

  1. Contingency funding plan

You need always to be prepared for any possibilities in the future. Besides, having proper emergency funds reflect that you are having proper management of finance. You should not simply touch or cash out the fund unless you are experiencing unfortunate or unexpected expense arises that require you to cash out some amount of money to overcome the problem.

 

  1. Planning on personal financial strategy

It is one of the crucial element in maintaining the progress on proper management of finance as you are referring to any of the financial experts. By referring to any experts on your finance, you could simply polish your skills in improving the exact way in managing your financial status.

By mapping out on your personal financial strategy, it could present a specific goal in mind by having proper ability in managing your personal finance better than before.

 

Managing your personal finance might be full of hassle and a complicated process, yet if you can imagine the success of your saving in future, you will believe that it is a worth process throughout your life.

Tips on financial should be nurture to the young adults as they are going to manage on their own finance as they will be having their own commitment in the future. In avoiding them from simply being clueless as they are going to enter the real world, here are the financial tips for the young adult to educate them in managing their own money.

  1. Practice on self-control

The concept in practicing the self-control should be trained by yourself in differentiate between what you want and what you need. Having a credit card, will be easing the process of purchasing as what you need to do is simply swipe the credit card and that stuff is yours. But does having credit card really assist you in having better management on your finance?

Making a habit on everything that you purchase on credit card is not a healthy habit as there is a possibility that you still will be paying on the credit card debt 10 years from now. Having a debt at the very young age reflect on the poor management of your financial.

  1. Manage your own finance

It is really important for you in managing your own finance as there is high possibility that others might wrongly manage your finance if you let them. Managing your own finance will ensure that you know the state and you will know the exact method that could be done to improve your finance in the future.

Besides, instead of simply relying on others advice in terms of financial, take charge on your own financial. What you can do in gaining self-knowledge that related to finance is, buy and read few basic book on finance. Once you have comprehend the knowledge on personal finance, no one could ever trick your management in finance. In other words, by understanding how the money works, it is the first step in making your money work for you.

  1. Initiate the emergency funds

It is vital when it comes in managing your own finance to have your own emergency funds despite you are having students loan or card credit debt or even how low your salary is, it is important for you to have the emergency funds.

Having money to be considered as the emergency funds can help you from experiencing financial trouble. Besides, you are into certain habit in saving money, you will not only be having emergency money and you will also be having retirement money, vacation money or even a proper amount of money for your home down payment.

However, do not simply save you money solely in your savings, you are encourage to save your money with the high-interest on online savings account, or in the money market account so that your money will be having the opportunity in gaining its amount and increase the value of your saving.

Proper methods in managing your finance is important especially for the young adults in having better management of finance for the sake of better future.

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