04-20-2020, 08:23 PM
Tik-Tok is a Chinese video-sharing platform that lets users share videos among others. Apps like TikTok are gaining importance in the modern world. Social media platforms act as a major source of revenue for business owners. It is a good idea to make an app like TikTok. However, for an app to sustain for a longer duration in the market, it takes a huge budget and dedication.
To reduce the budget, there are certain key strategies. Let us discuss them here,
Producing a Minimum Viable Product (MVP):
A minimum viable product is produced by developing the app with as minimum requirements as possible. Any development must be aimed at producing a minimum viable product. The MVP is then launched in the market. Customers’ attention and feedback regarding the product are analyzed. The apps can then be updated according to customers’ needs. This way, you needn’t pour in the entire money initially. You can develop the app with a restricted budget. Most of the popular apps in the market are launched as MVPs initially.
Advanced planning and adhering to schedule:
During app development, time is money. The more the time, the greater is the economy involved to develop the app. Hence, proper planning is necessary beforehand. You can have a schedule allotting different works for different teams. Sticking to your schedule no matter what is absolutely essential. The proper utilization of resources is highly essential during app development.
You can follow these strategies to downsize your budget. However, developing an app like TikTok from scratch can cost you around $70,000 - $90,000 depending on the features of the app. Another ideal way is approaching app development companies for clone apps. A TikTok clone can reduce your budget to $1999.
To reduce the budget, there are certain key strategies. Let us discuss them here,
Producing a Minimum Viable Product (MVP):
A minimum viable product is produced by developing the app with as minimum requirements as possible. Any development must be aimed at producing a minimum viable product. The MVP is then launched in the market. Customers’ attention and feedback regarding the product are analyzed. The apps can then be updated according to customers’ needs. This way, you needn’t pour in the entire money initially. You can develop the app with a restricted budget. Most of the popular apps in the market are launched as MVPs initially.
Advanced planning and adhering to schedule:
During app development, time is money. The more the time, the greater is the economy involved to develop the app. Hence, proper planning is necessary beforehand. You can have a schedule allotting different works for different teams. Sticking to your schedule no matter what is absolutely essential. The proper utilization of resources is highly essential during app development.
You can follow these strategies to downsize your budget. However, developing an app like TikTok from scratch can cost you around $70,000 - $90,000 depending on the features of the app. Another ideal way is approaching app development companies for clone apps. A TikTok clone can reduce your budget to $1999.