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Home Neural Networks

How Much Does It Cost To Form A Social Media App? | by Amyra Sheldon | Dec, 2020

December 30, 2020
in Neural Networks
How Much Does It Cost To Form A Social Media App? | by Amyra Sheldon | Dec, 2020
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Here, you can view the estimated Cost To Form A Social Media App. This will help your business estimate the costing of an app

Businesses can easily estimate the cost to build a social media app by considering various factors such as app features, functionalities, complexity, and more. Here you can view the estimated cost to form a social media app.

Source: Google Images (quora)

Worldwide approximately 7.8 billion people are there. Out of 7.8 billion people, approx 3.6 billion people are active on social media in 2020, and this number will increase reach by 4.41 billion in 2025. This stats clearly defines how social media app usage day-by-day is expanding globally.

Source: Statista

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Facebook, Instagram, Twitter, LinkedIn, Whatsapp, and Snapchat, all these social media platforms became the sensation of the town. This is the reason why businesses are nowadays focusing on developing social media apps in 2021.

Startups, SMEs and large enterprises have a question in their mind: How much does it cost to develop a social media app in 2021? In this blog, I have mentioned the details that will help businesses estimate the accurate social media app development costing.

The total Building cost of social media app like Facebook, Instagram, Tumbler, can vary from $35,000 to $50,000+, depending upon parameters like app type, features, complexity, design, software development, the location from where you are availing mobile app development service, and more that affect app development cost.

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The social media app cost depends on the complexity of an app, means on which platform the app can run, level of features and functionalities.

The cost of social media application also depends on the area means from which country, state you are availing the app development service. Each location’s average social media app development hourly cost varies; this thing you can view in the image placed below:

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Cost to build social media app depends on various factors like features and functionalities. Here I have mentioned the few vital features that one ideal social media app should contain

Account Verification

Account verification is a crucial foundation of user data and privacy; that’s why it is one of the must-have features of any social app. The social media platform provides several options to create an account like entering email or phone number. This feature also includes password reset and recovery, security, authentication, and other options.

Time Estimation: 65–70 hours

Cost of this feature: An average cost of $3,400

Profile Creation

It is another essential feature that one leading app should contain. Social media apps without this feature are incomplete as this feature helps in connecting one person with another. To make a profile on social media apps like Facebook, Instagram, a user needs to enter details that are:

  • Name
  • Mobile Phone
  • Profile picture
  • Work Profile
  • Schooling
  • Address
  • Email
  • Website
  • Birthdate, and more

Time Estimation: 50–60 hours

Cost of this feature: An average cost of $2,500

Messaging

Messaging is the essential element of any social media apps, as it boosts engagement. By making use of this feature, one person can get connected with others. Using this feature, you can also share images, files, videos, and more.

Time Estimation: 120–140 hours

Cost of this feature: An average cost of $6,500

Photo & Video Upload

This feature allows users to upload photos and videos by using gallery and camera. This is also one of the crucial elements which one leading social media app should contain. Uploading photos and videos feature allows users to filter and edit the images.

Time Estimation: 320 hours

Cost of this feature: An average price of $16,000

Search Feature

For doing a quick search, it is important to introduce this feature in the social media app. By using the search options, users can also find trending content, recent posts, groups, and more.

Time Estimation: 60 hours

Cost of this feature: An average price of $3,000

Tagging (Location, Friends)

Tagging features help users share content with specific family and friends. It also quickly reveals information (chiefly location) to users you want to communicate with.

Time Estimation: 24–30 hours

Cost of this feature: An average price of $1,350

UI/UX

The social media application design is a very crucial part because it mainly attracts users. The mobile app developers can help in finding the appealing UI/UX design for the social media platform.

74% of users are likely to come back to your site if it has a pleasant and appealing mobile UX.

Time Estimation: 60 hours

Cost of this feature: An average price of $2,750

These are the basic features of social media apps. In order to make your app more unique, you need to include other features like push notification, story sharing, commenting, posting, and more. But on including other features app cost may get increased as per the feature complexity.

Building a social media app is a simple task, but building the app with emerging technologies can help you build leading mobile apps. Here are the few trending features and it’s development time/cost that one should consider in 2021.

If you want to build a social media app like Instagram and Facebook, then you can introduce AR filters; this will make your app more appealing. AR filters include multiple facial features.

Back-end development: 8+ hours

iOS development: 30+ hours

Android development: 32+ hours

This feature allows users to customize their picture by utilizing various photo editing tools.

Back-end development: 7+ hours

iOS development: 30+ hours

Android development: 30+ hours

This functionality helps analyze users’ location and reflect content posted by others with the same location tag. You can hire mobile app developers to build this feature by utilizing Google Places.

Back-end development: 9+ hours

iOS development: 10+ hours

Android development: 10+ hours

These are the rough cost and time estimates for building features; it can go less or above depending upon from which mobile app development company you prefer to hire mobile developers, features you are selecting, and complexity of the app you picked to develop. The additional cost to build the back-end app will also be added in the app development cost.

As per my research, I estimated that the average price of developing a simple app would range from $40,000 to $60,000, the medium complex app cost would range between $61,000 to $69,000, and the complex app cost can go beyond $100,000+.

Well, developing an app by availing the mobile app development service from the mobile app development company can offer cheap development cost.

There is no fixed price of social media app development. Still, with the average $50 per hour costing of the expertise a simple app can be created at $15,000+, the medium app will cost between $20,000- $30,000 and complex apps will go beyond $50,000+ with all the latest features. The app cost may vary on the basis of developers skills, experience, geolocation.

Building a social media app like Linkedin, Facebook, Instagram, Twitter, and more will be deserving when you try developing a unique and full-featured app. The cost to build a social media app doesn’t matter when you are finally able to build a leading application as this only supports business in gaining more and more success.

Choosing so many features and functionalities, complexities, and technologies is quite challenging for the non-experienced person, so I will recommend you to look for a top mobile app development company to hire mobile app developers. This will help you in evaluating your business requirements and get the best app solution with an affordable pricing model.

Credit: BecomingHuman By: Amyra Sheldon

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