NEWLEAFMARKET

Category: Business Plan

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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Tips for Doing Business Planning

Business

Beginning of the year is a good time to do planning, including business planning. Talking about business, surely we can not be separated from the name of the target and planning. Without those two things, business development can lose its direction. For those of you who are running a business. Have you developed a plan for the next year? If you are still confused, here are some business planning tips at the beginning of the year that you can try.

Evaluation of Previous Year’s Targets

Before starting to make a new target, make sure the targets in the previous year have been achieved. If there isn’t, you can do an analysis of the reasons why the target failed so that in the following year you are ready if the same problem arises. If the cause is due to inappropriate human resources or unrealistic targets, you should reorganize targets and adjust them according to existing resources.

Discuss with Company Members

Even though you have your own thoughts as an entrepreneur, it is also necessary to discuss with your subordinates. By gathering together to discuss the company’s next target, who knows you can open a new way of thinking from the input of other members. Do not rule out the possibility you will also be able to predict potential problems that arise in the next year because of a lot of thoughts that you can get. Rather than thinking about the target company alone, wouldn’t it be lighter if there were many people helping?

Specify Specific Targets

The targets made should be adjusted to the company’s vision and mission. Do not stop there, after the target successfully arranged, break down each target to be more specific. This aims to make meeting targets more efficient. Breaking targets down to a simpler stage will make it easier to do. If you only set a target without clearly writing the necessary steps, it can make your employees lose direction. Effective target planning is one that can take the company to a stage of further development.

Get to know Market Development

Just because your company has made a steady profit in the last few years, doesn’t mean you can sit back. Remember, the development of increasingly modern times plus increasingly advanced technology will make the consumptive life of the community increase. To compete with other companies, you must think of ways by analyzing market developments. Know what consumers need because consumer needs differ from year to year. It is important to make plans based on market needs.

Know the Competitors’ Ability

His name is also business, certainly can not be separated from the name of competition. Do not let you make plans without seeing the capabilities of your competitors. In addition to market analysis, knowing the competitor’s capabilities is also important for effective planning. If you feel that your company is lagging behind competitors, that means next year you should try harder to fix the deficiencies. Likewise, if you feel superior to other competitors, do not let this make you careless. Continue to improve company performance.

Evaluation of Company Business Conditions

The same thing with the first evaluation tips is an important thing that you must do. Evaluation of business conditions not only includes targets and human resources, but also the financial and health conditions of the company. The development of technology makes you do not have to bother to get a report on the state of the company’s business, for example, with business systems like Sleekr. You can get reports and monitor the progress of your business in real-time and easily through Sleekr. Find out more here.

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