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An app strategy

App Mastery and Monetisation for Small Businesses

An app strategy

App Mastery and Monetisation for Small Businesses

The importance of technology in small businesses cannot be overstated. One powerful tool that can significantly enhance efficiency, customer engagement, and overall success is a mobile app. In this blog post, we’ll explore who can benefit from an app, the problems it can solve, effective marketing strategies, the costs involved, and even ways for small business owners to develop an app themselves.

  1. Who Can Benefit from an App: Small business owners across various industries can benefit from having a mobile app. Whether you run a restaurant, retail store, service-oriented business, or any other venture, an app can help streamline operations, improve customer experiences, and boost your bottom line.
  2. Problem-Solving with Apps: One of the primary problems an app can solve is enhancing customer engagement. Apps allow businesses to connect with customers directly, provide personalized experiences, and offer exclusive deals or loyalty programs. Additionally, apps can streamline internal processes, such as inventory management, appointment scheduling, and order processing, leading to increased efficiency.
  3. Marketing Your App: Creating an app is just the first step; promoting it effectively is crucial. Leverage social media platforms, email newsletters, and your existing customer base to spread the word. Highlight the unique features and benefits of your app, and consider offering promotions or discounts to encourage downloads. Positive customer reviews and testimonials can also be powerful marketing tools.
  4. Costs of Developing an App: The cost of developing an app can vary widely depending on its complexity and features. Hiring a professional app developer can be an investment, but there are also more budget-friendly options. Consider whether a native app or a cross-platform app suits your needs better. Additionally, ongoing maintenance and updates should be factored into the overall cost.
  5. Developing an App on a Budget: For small businesses with limited resources, there are cost-effective ways to create an app. DIY app builders, like Appy Pie, BuildFire, or GoodBarber, allow you to design and launch an app with minimal coding skills. Alternatively, freelance developers or development agencies may offer more affordable solutions compared to hiring an in-house team.
  6. Software and Tools for App Development:
    • Appy Pie: An easy-to-use app builder that requires no coding skills.
    • Bubble: A visual web development platform for creating web and mobile apps.
    • Thunkable: Ideal for those without coding experience, Thunkable enables the creation of Android and iOS apps through a visual interface.
    • WordPress with AppPresser: If you have a WordPress website, AppPresser allows you to convert it into a mobile app.

 

Real World Examples that illustrates transformative impact that app can have on business.

These real-world examples illustrate the transformative impact that an app can have on a business.

1. Case Study: A family-owned restaurant

A small family-owned restaurant faced the challenges of increasing competition and changing customer preferences. By launching a mobile app with features like online ordering, loyalty programs, and push notifications for special promotions, the restaurant not only streamlined its operations but also saw a 20% increase in customer retention within the first six months. The app became a central hub for engaging with the local community, resulting in a 30% boost in monthly sales.

2. Case Study: A fashion store

Faced with the rise of e-commerce giants, a boutique fashion store decided to bring the shopping experience to customers’ fingertips. Their mobile app allowed users to browse the latest collections, receive personalized recommendations, and make purchases with a few taps. Within a year, the store saw a 25% increase in sales, with more than half of the orders coming through the app. The direct communication channel enabled the store to connect with customers on a personal level, fostering brand loyalty.

3. Case Study: A home services company

A small business offering home services leveraged a mobile app to streamline customer bookings and enhance service delivery. The app included a scheduling system, real-time updates, and secure payment options. The result? A 40% reduction in administrative overhead, improved customer satisfaction, and a 15% increase in service requests. The app not only optimized internal processes but also became a valuable tool for customer engagement and feedback.

 

Statistics on App Success:

  1. Increased Customer Engagement: According to a survey conducted by Localytics, businesses that adopted mobile apps experienced a 30% increase in customer engagement compared to those relying solely on websites.
  2. Sales Growth: The Small Business Trends Mobile App Statistics report indicates that small businesses with mobile apps witness a 50% faster revenue growth compared to those without.
  3. Customer Loyalty: A study by Clutch revealed that 57% of small businesses with mobile apps reported an increase in customer loyalty, emphasizing the impact of direct communication and personalized experiences.
  4. Time and Cost Savings: Small businesses utilizing mobile apps for internal processes experienced an average time savings of 25%, leading to increased productivity and cost efficiency (Source: Entrepreneur).
  5. Global Reach: Apps open up new markets, and 34% of small businesses reported an expansion of their customer base beyond local boundaries after launching a mobile app (Source: TechCrunch).

 

Making Money from an app requires a well-thought monetization strategy

  • offer a freemium model, where users can download the app for free but pay for premium features or content within the application. 
  • in-app advertising, partnering with businesses to display targeted ads to users. 
  • subscription models work well for apps providing ongoing services or content, allowing users to access premium features for a recurring fee. 
  • selling merchandise or digital goods through the app, or integrating affiliate marketing programs, can be lucrative. 

 

It’s crucial to continually analyse user behaviour, gather feedback, and adapt your monetization strategy accordingly to ensure a sustainable and profitable app business.

 

Encourage Clients to Add Your Website to Their Home Screen as an “APP’:

  1. Open Your Phone, Open your Website in a Browser:  Try Safari for iPhone or Chrome for Android. Ensure that they are viewing the full site and not a specific page.
  2. Access Browser Menu and Select “Add to Home Screen”: On most browsers, this can be done by tapping the three dots in the upper-right corner (Android) or the share icon (box with up arrow) at the bottom (iPhone). From the menu, they should look for an option labelled “Add to Home Screen” or something similar (eg.Bookmark)
  3. Customize and Confirm: After selecting “Add to Home Screen,” clients will be prompted to customize the name of the shortcut. They can choose a concise and recognizable name, such as your business name. This action will automatically add an icon to their home screen, providing quick and convenient access to your website.

 

By following these straightforward steps, your clients can easily add a shortcut to your website on their phone’s home screen. This method ensures that your business is just a tap away, enhancing accessibility and fostering repeat visits. Consider providing visual aids or a step-by-step guide for even clearer instructions.

Mobile apps can be a catalyst for growth, customer satisfaction, and operational efficiency.

Embracing mobile technology through the development of a business app can be a game-changer for small enterprises. By addressing specific challenges, enhancing customer interactions, and adopting cost-effective development solutions, small business owners can take a significant step toward future growth and success. Stay ahead of the competition and make technology work for your business!

Take the first step today and Connect with our experienced marketing strategist to create a personalized plan that aligns with your goals. Propel your business into the online world of making more sales – contact us today!

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