NEWLEAFMARKET

Month: April 2021

Must-have features and technologies for on-demand apps

A smartphone has become a platform for receiving services in a new hassle-free way for users, and the distance between them and the service providers has decreased. The latter also got the possibility to build a robust online presence and connect to the target audience directly. Technology companies are another essential component in this process as they develop customized solutions to cater to consumer needs. Healthcare, education, retail, transportation, beauty, etc. – the list of industries taking advantage of the economy uberization is vast. Even the smallest companies or individuals-freelancers can instantly access the consumer base through third-party apps – deliver home-made food, rent out accommodation, offer childcare, cleaning, consulting services, to name just a few. Besides, clients have a tool to shape the market by assessing the quality of products and services through a rating system

1. Virtual search

Very often, consumers search for the same thing using different keywords. In many cases, they know what they want but cannot describe it precisely. Integrating visual search into retail shopping apps is an effective way to fulfill clients’ needs. They can print screen images from the web or take a photo in real life, and the system will offer the closest match to your range.

2. Voice search

Voice search and voice navigation are what can put an app in the vanguard. According to Google, 20 % of all searches are made with voice, and this rate will only increase. Artificial intelligence allows creating hyperlocal features, which means the app will recognize different languages and accents.

3. AI-based chatbots

If something goes wrong or consumers need consulting on products and services, a chatbot based on artificial intelligence is the trendiest way to be in touch with them. This technology is so advanced that it produces a human-like impression. It is also cost-effective as businesses do not have to pay a customer support team every month.

4. IoT

The Internet of Things is on the rise and designing software for this niche is very promising. In the future, smart devices will analyze health parameters, and the user will view findings and recommendations on their smartphone. The fridge will remember food habits and compile a shopping list or will stock up automatically. Apps that allow interacting with devices will be in high demand.

5. Drone deliveries

It is a tribute to contactless interaction, already tested by such giants by Amazon. However, it is possible that seeing drones that deliver morning coffee will become a common thing in the coming years. The new generation of apps must be an integral part of the logistics systems and have such an option as real-time delivery tracking.

6. Virtual presence

It seems to be a must-have feature in the new world of social distancing. Virtual try-on and similar tools integrated into shopping apps allow us to make better choices, reduce the number of returns, and increase overall client satisfaction. It is also a fun experience, which is an essential factor.

7. Time management

People are becoming less tolerant of time waste, let alone waiting in lines with others. An on-demand app must allow users to plan everything and get goods and services delivered at an exact time slot: e.g., to select food and beverages from a digital menu, choose the delivery zone (table in a restaurant), and get them served as soon as they enter the venue.

8. Contactless payments

We have already written about the trends in the fintech industry and the revolution of peer-to-peer payments. With blockchain technologies, financial transactions are incredibly safe and fast. The traditional POS terminals will be eliminated in the near future – users will order, get a bill, and pay through an app, so it must integrate with payment systems, e.g., Stripe.

Cost of on-demand app development

It depends on a variety of factors – scope, platform, technologies, etc. According to an insightful survey by Clutch (B2B ratings and reviews platform), which was held in 2015 and involved 12 leading mobile app developers, the median cost of developing an iPhone app is between $37,913 and $171,450 (excluding maintenance and updates). The participants were asked to estimate the number of hours necessary to design a fully-fledged product. Then the hours spent on each development stage were multiplied by average hourly rates in the US market. Outsourcing mobile app development to a dedicated team in other destinations like Ukraine is the way to lower costs. costs.

To calculate the exact budget, most software firms offer a Discovery Phase – the pre-development investigation stage, which, among others, aims to assess the commercial viability and potential of a product.

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According to the Blackthorn Vision website.

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How to Start a Culinary Business

Culinary Business

Starting a business or culinary business is arguably not too difficult, as long as you understand the right methods and strategies. The culinary business is one type of business that will never die from time to time. The reason is simple, eating is the primary need of all people. No wonder the culinary business sector always develops from year to year. Everyone has the desire to enter the business. However, not everyone understands how to start a culinary business. If you fall into that group, don’t worry, here are tips that you should pay attention to

Create a Business plan

Before actually running a culinary business, you should first make a business plan or business plan.
Why is that? Because a business plan will help you to identify future business goals.

Manage Finances Carefully

The financial aspect is the life of all businesses, including the food and beverage business. Therefore, the right way to start a culinary business or business so that it can run is to manage finances well.

Set a price

Things that may often be confusing in starting a business are determining prices. One way to determine prices is to do market price research. Besides that, you also have to consider the price of the capital. Approximately you want to make a profit of what percentage of the expenditure that has been spent on buying materials.

Competitor Research

In the business world, we will continue to compete fairly with tens or hundreds of competitors out there. In order to enter into the competitive circle, the right way before starting a culinary business is to do competitor research. Find out what are the advantages and disadvantages of your competitors so that you can learn them well.

Find a Strategic Business Location

Strategic business location is a very important point. Moreover, for a business that is just starting. Make sure the location you choose is a strategic location that is easy to access and crowded. In addition, consider the map of business competition in the location you choose.

Determining the Right Promotional Strategy

One of the simplest, targeted, and proven promotional strategies over time is word of mouth. If they feel satisfied with your product, of course, they will not hesitate to come back or even recommend your product to other people. Apart from offline promotions, you can also market your business through social media…

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