B2B App Features Your Mobile App Needs

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The high rate of internet connectivity combined with high rates of smartphone ownership have led to the adoption of mobile apps by businesses and consumers across different industries and sectors – retail, manufacturing, service, finance, and insurance.

B2B mobile apps have become indispensable in today’s fast-paced business environment for enterprises seeking to streamline business operations, improve performance and productivity. B2B apps cater to the evolving needs of enterprises, enabling efficient workflows, enhanced collaboration, and increased customer satisfaction.

However, the key to unlocking the full potential of a B2B app lies in its underlying features. A feature-rich application has immense capabilities to deliver value and streamline complicated processes or operations. From navigation, superior customer service, analytics, reporting, security, and seamless integrations, we look at different aspects that make a great B2B app.

 

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1. User Interface and Navigation

User interface and navigation are critical features that influence an app’s performance and adoption. A well-designed user experience and user interface are important in ensuring successful navigation by users.

A streamlined and visually appealing interface contributes to the intuitive design and enhanced user experience. For instance, research shows that 32% of your users will stop engaging with your website if it has a poor design. A well-designed website with clear layouts engages the readers, enhancing readability and retention.

Another component that contributes to the intuitive design and user experience is intuitive controls. Intuitive controls yield easy navigation, allowing site visitors to navigate the site seamlessly. According to documented statistics, 88% of site visitors will depart from a website after a poor customer experience.

2. Security and Authentication

Today, more than ever, organizations should be more secure in collecting, processing, presenting, and reporting data, especially consumer data. Poor security controls may compromise sensitive information leading to devastating financial, political, and reputational consequences.

Of special significance for any B2B app is protecting the security of sensitive information and personal data. The General Data Protection Regulation (GDPR) requires organizations to protect consumer data against unauthorized access. Enterprises violating consumer privacy regulations may face jail terms, fines, concessions, and possible termination.

So, your mobile app must accommodate the emerging needs of consumers without compromising their information or privacy. Most importantly, your B2B app must consolidate consumer information and integrate the appropriate safeguards against cyberattacks.

Some ways to create secure and authentic apps include:

Creating secure mobile apps requires the technical knowledge of attack vectors and the emerging sophistication of cyber-attacks. Use the following best practices to develop authentic and highly secure B2B mobile applications:

  • Secure login methods. Leverage two-factor authentication (2FA) or Multi-Factor Authentication (MFA) to add a layer of security to your devices, accounts, or networks. A 2FA or MFA requires additional verification to access a secured account or system. For instance, you may need to input your password and a code sent to your phone to access an email with a two-factor authentication.
  • Strong encryption. Strong encryption algorithms such as SSL and TLS protect against unauthorized access to stored or in-transit data. So, whether you’re sharing fiscal information with your stakeholders or storing your customer information in a CRM database, strong encryption will protect your sensitive information, whether transmitted over large networks or at rest.
  • Role-based access control. Role-based access control provides access privileges based on roles and responsibilities. For instance, if you’re the head of finance, you’ll access devices, systems, and networks with financial information and not any other network. Your roles will define your access privileges and permissions.

A secure app ensures trust and confidentiality, driving brand loyalty and customer retention.

3. Integration

A B2B app must seamlessly integrate with all the other applications used by a business. For instance, if you have enterprise resource planning (ERP) applications, your mobile app must seamlessly integrate, exchange information, and communicate with the ERP suite.

The same case applies to your procurement automation software. Your mobile app must communicate with your procurement software to maximize efficiency and productivity. The ability to communicate and integrate seamlessly with other business apps ensures B2B mobile apps can optimize the existing infrastructure and workflows. Seamless integration with ERP, CRM, project management, and other industry-specific applications ensures maximum performance and productivity.

An important part of integration is integration with cloud services for easy accessibility and data backup. Cloud-based services, whether on-premise or outsourced, provide a safety net in case of hardware failures or storage issues, ensuring disaster recovery and business continuity during attack.

4. Communication and Collaboration

Perhaps one of the most overlooked features of a B2B mobile app is communication and collaboration. Mobile apps must ensure effective communication, information exchange, and collaboration.

Business owners use mobile apps to understand consumer purchase habits, client preferences, and customers’ shared values. On the other hand, customers use mobile apps to identify unique value proportions, pricing structure and evaluate competitive advantages. Customers use the app to assess and evaluate their purchase decisions.

The key components of collaboration and communication in mobile apps:

  • Document storage and sharing. The B2B app should ensure that users can securely download, store, and share files and other resources within the app’s ecosystem.
  • Version control. Version control tracks documents, allowing different team members to work on a single document while tracking changes. It allows different users to collaborate on a single document while maintaining a clear audit trail.
  • Task management. Workflow automation helps with task management because tasks can be scheduled to occur in given scenarios. The automation of repetitive tasks improves efficiency and reduces manual efforts. The B2B app should be able to automate task assignments, approval workflows, and notifications, thus minimizing delays and ensuring seamless progress.

A B2B app becomes a central hub for efficient communication and profitable collaboration by providing robust communication and collaboration features.

5. Analytics and Reporting

Analytics and reporting capabilities help businesses obtain invaluable insights and information like customer feedback, track performance, and make data-driven decisions. Analytics provide the business with a clear picture of the market and industry.

Analytics and reporting capabilities provide customer purchase trends, changing perception, product positioning, and brand positioning, allowing organizations to make actionable decisions. Analytics save organizations resources by allowing them to predict problems and their solutions.

The main components of analytics and reporting include:

  • Data visualization. The B2B app must have data visualization boards to present information in a visually-appealing manner. The B2B app must provide data visualization components such as graphs and charts that present complex information simply and clearly.
  • Customizable dashboards. The B2B mobile app must provide customizable dashboards for real-time insights. Customization helps users to personalize their data views and helps them to monitor important metrics in real time.
  • Generation of reports. The B2B app must be able to generate reports of key performance and industry metrics. The app must crunch the data and provide detailed reports that highlight the key trends for decision-making.
  • Data exports. The B2B must allow users to export data in Excel, Word, CSV, and other formats to do an in-depth analysis with other tools or share with other stakeholders. Data exports enhance the accessibility and sharing of data, improving its usability and application.

B2B apps must analyze trends and communicate emerging trajectories with accuracy. This way, organizations can adjust their systems, resources, and networks to respond to evolving market and industry changes.

6. Predictive Maintenance

Beyond data visualization lies data mining for advanced analysis. Your B2B app can have advanced analytic techniques to read and analyze AI, ML, and natural language processing (NLP) with ease. The app can be designed with predictive analytics capabilities to identify trends and propose the best actions. In addition, data analytics can provide intelligent recommendations based on historical data and user behavior.

7. Customer Support

The evolving nature of customer service demands organizations to be more proactive in resolving issues. Today, B2B mobile apps bridge the gap between efficient communication and poor feedback, allowing organizations to be more agile in their outreach and customer communications.

Any successful B2B mobile app must provide efficient communication and gather feedback. By integrating robust customer support features, B2B mobile apps can detect issues, address issues, and ensure continuous improvement.

These are the main components of superior customer service in B2B apps.

  • Ticket creation and tracking. Every B2B app must create, initiate, schedule, and track tickets seamlessly. The app must offer a helpdesk or ticketing system that allows users to create support tickets for any issues they face.
  • Customer feedback collection. Customer feedback collection and analysis is indispensable in any superior customer service. Organizations that provide excellent customer service understand their customers’ sentiments better. The B2B app must offer a mechanism for users to report issues and express disgruntlement.
  • Ratings and reviews. In addition, allowing users to rate and review app features allows B2B apps to understand their performance. Ratings help with continuous improvement because organizations prioritize improvements based on customer feedback.

Customer support is an indispensable part of customer attraction and retention; apps with superior customer support features enjoy better visibility and usability than those without.

8. Offline Data Security and Backup

Offline data security and backup are emerging trends in mobile app development. Today, apps with cloud-based accessibility are in more demand as organizations and employers seek to encourage more remote workforces. The emergence of cloud computing as a model for remote data storage, transmission, and processing, allows mobile apps to secure user data, regardless of location or size.

It’s important to note that specific components facilitate offline data security and backup.

  • Encryption of offline data. Offline data security involves encrypting offline data to ensure it cannot be read or accessed by unauthorized third parties.
  • Data back-up. Data backup ensures business continuity by providing critical operational data during a breach or incident attack. B2B apps use automated data back-up to ensure seamless collection of information.
  • Secure cloud storage. The B2B app provides secure cloud storage for offline data backups, protecting offline data against unauthorized access.

Data security is a critical component of any business, ensuring that organizations adhere to the principles of data integrity, confidentiality, privacy, and accountability.

 

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9. Scalability and Performance Optimization

Scalability is an important factor for any B2B mobile app. The ability to scale up and down depending on changes in operational demands is a critical component of B2B applications. Your mobile app must handle excessive traffic. It must be able to process a growing list of requests and provide efficient feedback and resolution.

To do this, it must be designed with scalability in mind. Expert developers use cloud offline storage capabilities to improve the scalability of their applications in case of excessive traffic or loads.

Here’s what you need to create a scalable mobile app architecture.

  • Your app must handle increasing user loads and data volumes.
  • Scalable architecture that supports a high user reoccurrence.
  • Efficient database optimization for faster response time.
  • Caching mechanism to reduce server load.

Scalable B2B apps can accommodate changes in user requests, ensuring efficient load and data processing and faster response times.

10. Multi-language and Localization

Multi-language and localization support refers to your app’s ability to provide more than one language for your users. For instance, if you’re in the United States, you may be tempted to create an app for English speakers. However, when venturing into foreign markets, you may be forced to include multi-language capabilities and location support in your app.

Multi-language and location support provide numerous benefits. First, it’s easy to switch between different languages in the app. The location of labels and texts suits audiences in different regions. Localization must take care of dates, time zones, and regional differences. Localization ensures that you communicate with clients regardless of their geographical differences.

NS804 – Building Robust and Scalable Mobile Apps

Whether you’re a small business or a large enterprise, a B2B mobile app empowers you to do more with less. Your mobile app can be optimized to communicate with customers, collect analytics, and report sensitive activities. In addition, the B2B app can be optimized to provide automated reporting of issues through predictive maintenance.

And if you have offices inside or across the country, you can always rely on your app to provide accurate and timely reporting, whether dealing with employee performance or experiencing order delays. Your B2B app must incorporate powerful features that allow you to solve emerging problems. For instance, your app must completely secure user information and sensitive data.

Partnering with a B2B mobile app specialist enables you to optimize their market knowledge of different products and industry expertise of the best practices. NS804 works with experts and professional programmers with a vast understanding of new trends. And with our minimum viable product MVP option, you can seek a replica version before you develop the end product.

Contact NS804 if you’re searching for a B2B mobile app specialist.

7 Reasons To Find A Mobile App Developer In Charlotte

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As a native of Charlotte, North Carolina, or the surrounding regions, you may have attempted to find a mobile app developer in the area. And you may have become overwhelmed by the sheer number of developers available to tackle your project. Now, having options is always good, and we’d always recommend you explore these options.

But you may have also wondered if any of these mobile developers in Charlotte are any good. We don’t doubt that there are many competent developers in Charlotte, given the enormous talent pool of the city. With a population of almost 900,000 inhabitants, a bustling commercial hub, and home to banking giants, it’s a city that means business. That means developers must bring their ‘A’ game to stay relevant.

While all this seems great, it doesn’t mean every developer in Charlotte can help you achieve your app development goals. A freelancer or even a startup may not have the experience, funding, or staff to tackle your app project, especially if it’s ambitious. Freelancers, in particular, may not be available or willing to roll out bug fixes and updates after shipping your app. You don’t want to deal with such a scenario if you expect your app to have a long lifecycle. 

Thus, we recommend that you focus on established and reputable mobile app development studios in Charlotte. Whether you’re an appreneur, business owner, or executive, you want to work with a developer that will help you achieve your goals while meeting your high standards. And given the complexity and demands of modern app development, there’s no room for half-measures. Below, we’ve compiled a handy list pinpointing the reasons to find a mobile app developer in Charlotte.

 

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1. Find A Mobile App Developer With A Proven Track Record

What is one of the easiest ways to determine whether an app developer can deliver quality apps on time? Start by looking at the developer’s portfolio of completed apps. You should find these on the developer’s website, and the list of completed apps should be reasonably long since this shows the developer ships apps at a regular cadence. Be wary of developers that don’t have a portfolio or only showcase a few apps. These developers probably haven’t released enough apps to garner enough experience to tackle more complex projects.

As a leading app development studio in Charlotte, NS804 has tremendous pride in the apps we’ve released since 2012. We build 10-15 apps for our clients annually, targeting several categories and demographics. We’ve released apps for branding, business, communication, dating, entertainment, productivity, and web design, making our output well-rounded. Our portfolio speaks for itself since it consists of a compelling list of apps, such as follows:

  • Bat Flaps
  • Béné
  • Brew Trader
  • C5G
  • EntreConnect
  • Horse Logics
  • Impower
  • KnowUs
  • Live Bet Boss
  • Paxis Pro
  • PreVue
  • Simpatico
  • Social Auto Transport
  • Text Surge
  • Trivia Monsters
  • Virginia Beer
  • Watermelon Festival
  • Wine Swap
  • Yards for Yeardley
  • Zoomerang

2. Partner With An Award-Winning Developer

Most established studios can push out many apps in a short space of time, so it’s not always a reassuring sign. After all, it’s common for some studios to focus exclusively on reskinning mobile apps and games. In most cases, their primary focus is to make a quick buck without caring about the quality or originality of their apps. If you want to develop an app for your business, these are the worst kinds of studios to partner with. 

Instead, you want to work with a studio that’s meticulous and passionate about the app development process. The kind of studio that takes app development seriously yet continuously raises the quality bar. At NS804, we think of ourselves as such a studio, and we’ve received the acclaim and awards to prove it! 

We’ve appeared regularly in media outlets like DC Inno, Fox 5, NBC 4, Sun Herald, Technical.ly, and Washington Business Journal. And we’ve regularly been featured and awarded by Clutch in the following categories:

  • Top App Developers – Washington D.C. 2018
  • Top Mobile App – Developers 2019
  • Top Mobile App – Developers 2020
  • Top Developers – 2021
  • Top B2B Companies – Global 2022
  • Top 1000 Companies – Global 2022
  • Top App Development Company – Richmond 2023
  • Top Software Developers – Virginia 2023
  • Top AR/VR Development Company – Richmond 2023
  • Top AR/VR Development Company – United States 2023

Receiving accolades feels good, and it reassures our existing and future clients that they’re dealing with a development partner focused on quality. Moving forward, we plan on winning many more awards, but above all, meeting and surpassing client expectations.

3. Prioritize Native Mobile App Development 

It’s always better to find a mobile app developer in Charlotte that specializes in native development. But what is native app development, and why should you care? Think of native apps as those created using a manufacturer’s recommended programming languages, development tools, and methodologies. In the mobile space, Apple and Google set the guidelines and provide the tooling for iOS and Android development, respectively. 

Apple provides the Xcode integrated development environment (IDE) and the Swift programming language for creating apps for iOS devices. Similarly, Google provides the Android Studio IDE and the Kotlin programming language for creating apps for Android devices. A native app developer will use these tools and languages instead of third-party tools that facilitate cross-platform development. 

While cross-platform tools make it easier, cheaper, and quicker to develop for Android and iOS, there are several disadvantages that we need to discuss. One of the main issues with cross-platform development is that it always introduces a performance cost. In most cases, natively developed apps load faster, perform better, and drain the battery far less than cross-platform apps. 

Another issue that will impact the quality of an app is its user interface (UI). Many cross-platform tools offer non-standard UI components that don’t always comply with Apple’s and Google’s standards. While several cross-platform tools have improved their UI in recent years, they’re still not as good or consistent as native UI tools.

Ideally, you want your app to look and feel identical on both Android and iOS. And that’s only possible if you partner with a developer specializing in native app development. It may cost more and take a bit longer to ship, but your users will appreciate the slicker and smoother experience your native app will provide.

 

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4. Find A Mobile App Developer In Charlotte That Pushes The Envelope

The mobile app market has matured, meaning it’s harder to attract, engage, and retain users. As an appreneur or business leader, you’ll want to bring your best ideas forward to make an impact. If you’re a trailblazer or often come up with unique ideas, you’re in a better position to succeed in an environment with hard-to-please users. 

But coming up with ideas is only one small aspect of the app development process. You’ll want to find a mobile app developer in Charlotte to present your ideas and receive feedback on whether or not it’s realistic to turn these into an app. And if your ideas seem unconventional or difficult to conceive, an experienced developer will help to ground these. The developer’s experience with multiple app releases will inform further brainstorming and ideation processes based on what works and doesn’t.

While we can’t speak about other developers, NS804 has often embraced ideas that drive mobile apps forward. We’ve worked closely and built fruitful relationships with clients that have come up with ideas that truly help users. Our close collaboration with 3ADVANCE, LLC and Red Canopy Holdings, LLC helped birth the Béné app. 

Béné is a digital tipping application for the hospitality industry that allows guests to tip hotel staff. Guests scan QR codes printed on cards inside their rooms and other hotel areas to send cashless tips without needing to download any apps. The simplicity and reliability of this system have made Béné a winner and a testament to how good ideas help shape industries.

5. Work With A Developer That Builds Next-Generation Apps

We’ve already mentioned that users have become harder to please nowadays. It’s no longer easy or even possible to draw these users with apps that they’ve experienced a hundred times before. Moreover, a growing number of users, especially younger users, expect more from apps. Old and outdated-looking apps just won’t do, and it’s up to you to look at new ways to engage these users. 

Fortunately, mobile app technology keeps moving forward, which presents savvy appreneurs and developers with plenty of opportunities to create the types of apps that weren’t possible in the past. We’ve reached a point where there’s greater demand for more immersive apps that utilize video or contain an augmented reality (AR) or virtual reality (VR) component. 

Recently, NS804 worked on the innovative next-generation PreVue dating app that smartly uses video. Our client wanted to make the online dating process more honest and authentic, and that was only possible with video. PreVue users must upload a short video of themselves showing their body language, personality, and overall vibe. It’s now easier to build trust with potential matches since users can no longer hide behind fake bios like in other popular dating apps.

The short-form video format popularized by Snapchat and TikTok served as inspiration. We were willing to put in the extra time and effort to create a next-generation app that would resonate with today’s users. PreVue is gradually growing in popularity and delighting users disillusioned with how apps have approached the online dating experience thus far. This has shown us that implementing the latest technologies is essential for app success moving forward.

6. Collaborate With A Developer For App Store Submissions

If you haven’t released an app on the app stores to date, you may not understand how these work. You may even believe that it’s a relatively simple process to release apps on the App Store and Google Play. And while there’s some truth to this, it’s probably more involved and challenging than you’d expect. That’s because Apple and Google have strict guidelines that developers and publishers must follow when submitting apps. 

While there’s nothing wrong with learning and tackling the entire submission process yourself — it will take time and may cause much frustration — especially if your app fails approval one or more times. If you’re running a business, there’s probably a significant opportunity cost involved in spending your valuable time trying to go through the submission process. It’s wiser to partner with a studio, such as NS804, to handle this for you instead. 

NS804 will ensure that your app meets all the criteria set by Apple and Google. We’ll look at your app content, quality, uniqueness, hardware compatibility, performance, security, stability, and styling, to ensure it passes submission. While Apple has the reputation of having stricter guidelines, it’s not uncommon to face significant challenges when submitting an Android build on Google Play. That’s because Android apps need to run on a wide range of hardware specs from multiple manufacturers.

7. Find A Mobile App Developer That Will Help You Scale

Perhaps your app’s meant to serve a crucial part of your business strategy. Or you’re planning on building an innovative music streaming service that will grow and grow. Therefore, your app’s never truly finished and will receive new features and updates regularly. But rolling these out requires that you team up with a reliable partner.

Ideally, you want to work with a studio that stays committed to your current goals but will also closely follow future roadmaps of your app. At NS804, we understand how important it’s to scale your app when reaching certain milestones and are willing to provide the necessary guidance to help you grow. We prefer to build a long-lasting relationship to ensure we always have a role to play during each phase of your app’s evolution. 

In Conclusion

If you’ve been trying to find a mobile app developer in Charlotte, you may have come across several studios. It’s likely that we’re one of these studios that have appeared during your searches or recommended by business associates. Whatever the case is, contact NS804 today to learn how we’ll help you create the phenomenal apps that will engage and delight your users. 

Fintech App Development: 9 Must-Have Features

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Fintech app development has become increasingly popular over the past decade. After all, many startups and development teams are working on innovative fintech apps, especially in the mobile space. It’s a rapidly growing global industry estimated at a whopping $110 billion in 2020 and will likely hit $700 billion by 2030.

But why the interest in fintech worldwide? There’s not a single reason for the meteoric rise of fintech, but several developments have helped to transform this industry. The proliferation of e-commerce entities with the mass adoption of smartphones has led to the widespread use of secure payment processors. These payment platforms and other solution providers have forged ahead with various cashless digital payments and mobile wallets. 

Furthermore, advancements in artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) devices, blockchain technologies, cryptocurrencies, data analytics, and favorable government regulations have helped grease the wheels of the fintech industry. And the traditional banking sector isn’t sitting on the sidelines either, with many notable financial institutions investing heavily in mobile banking apps.

The banking sector must also replace and upgrade aging systems designed for an era when customers had to visit bank branches or automated teller machines (ATMs) to complete most financial transactions. Also, many banks are reducing their physical footprint and offering more financial services directly on their banking apps. These apps have become so compelling because they provide an A-to-Z approach for customers to manage their finances.

And that’s why fintech app development is so crucial. It empowers users when they have access to essential features. Now, let’s delve deeper into what must-have features today’s fintech apps should include!  

 

What Should You Know About Fintech App Development?

Fintech app development is a multi-disciplinary process that often requires expertise in several key areas: 

  • Mobile app development
  • Back-end development
  • Software engineering
  • User experience (UX) design
  • User interface (UI) design
  • Application and network security
  • Cloud computing
  • Financial software systems
  • Payment processing APIs
  • Artificial intelligence
  • Machine learning
  • Blockchain

Since fintech apps handle large amounts of financial transactions and sensitive user data, security must come first. Therefore, every competent fintech app development studio must have one or more security experts available on the team. These security experts must deal with all present and future vulnerabilities that may occur within the app, the network layer, the back-end server, and the payment processing APIs. 

As for the latter, it’s unlikely that the studio’s security experts can seal off all security holes in third-party APIs. But they should keep tabs on all known and new vulnerabilities and ensure they provide enough security features and defenses within the app to counter these. However, when dealing with open-source APIs with permissive licenses, they can rewrite parts of the compromised APIs or contribute additional code that will harden security.

What Is A Fintech Application?

As a broad description, a fintech app may include any application that simplifies and automates financial services. The majority of fintech apps are almost always the products of the fintech industry, which is in itself a broad term. In the fintech industry, it’s not uncommon for app developers, venture capitalists, and financial institutions to collaborate closely on products, such as banking apps, digital wallets, and money lending apps.

Several technologies that make up a fintech app may include AI, IoT, blockchain, cryptocurrencies, and data analytics. In some countries, cryptocurrencies remain in a grey zone legally. Thus, fintech app development studios must comply with regulations in these countries and apply certain restrictions on cryptocurrency transactions. But most mainstream users will use fintech apps to manage their finances instead of trading and investing in cryptocurrencies.

Generally, fintech apps fit into the following four segments: Business-to-Business (B2B) within the banking industry, B2B bank clients, Business-to-Consumer (B2C) within the small business sector, and wholly consumer based. If you want to develop a fintech mobile app, you’ll need to focus on one of these segments before forging ahead. And that’s because trying to create an app that serves multiple business models seldom works when starting out.

Consider how PayPal began as a digital wallet for electronic payments back in 1999. And soon after this startup launched its initial public offering (IPO), it was rapidly snapped up by eBay — subsequently becoming the preferred payment option for users on the famous auction site. Over the past two decades, PayPal has grown by adapting to the needs of its users. Today, the company effectively runs a two-sided business model in handling financial transactions for merchants and consumers. 

 

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What Are The Most Popular Types Of Fintech Apps? 

One of the neat things about fintech app development is that appreneurs and developers can flex their creative muscles. That’s because there are already many types of fintech applications in the marketplace, and the list of categories will only grow in the foreseeable future. But if you’re new to fintech and wondering what type of app you should develop, then consider the following: 

  • Mobile banking app: You’re probably already using one or more banking apps right now. And you’re likely benefiting from the ease and convenience of handling many financial transactions through these. A side benefit of mobile banking apps is that they provide an indispensable service to formerly unbanked individuals, particularly in developing countries.
  • Investment app: People that don’t have access to large sums of money or a broker will use investment apps to generate some wealth. Several of the best investment apps provide tutorials and simulated stock markets to train new users.
  • Insurance app: Most people will experience at least one major mishap during their lifetimes. It may involve a car accident, a health issue, or lost luggage during travel. But even if insured, these are all stressful scenarios that cause people to hastily look for their insurance policies, wondering if they’re fully covered. Fortunately, today’s mobile insurance apps make it easy for customers to review their policies, make claims, and receive quotes.
  • Peer-to-peer (P2P) lending app: Financial institutions may not always provide loans at favorable interest rates or to individuals with a bad credit score. That’s where loan apps conveniently fill a gap in the market by bringing P2P lending to the masses. But to mitigate risk, these P2P platforms seldom loan out large amounts like the big financial institutions.  

Is Developing A Fintech Application Easy? 

No, fintech app development ranks as one of the more challenging categories in software engineering. Don’t be fooled by the plethora of fintech apps in the marketplace and the many freelance developers making bold claims about quick turnarounds on fintech projects. While the abundance of projects in this domain may make it seem easy, much can go awry by overlooking certain scenarios. 

The hard reality is that not all fintech products offer robust security or comply with mandatory financial regulations. Furthermore, freelancers don’t have the best reputation for tightening up app security or closely following the rules and guidelines set by regulatory bodies worldwide.

Since fintech apps deal with money, no developer should play fast and loose, especially with the law. Any security breaches that result in monetary losses may lead to jail time for the responsible parties, including the publisher or developer, for not following the necessary protocols. So, never place your trust in a freelance developer or a studio that doesn’t have a track record for quality apps and following best practices. Instead, partner with a multi-award-winning and reputable mobile app developer like NS804, which has already released over 100 applications.

Which Steps Must Every Fintech App Development Studio Follow?

We’ve already stressed how important it’s to closely follow best practices, government regulations, and security protocols. But what does that actually mean when developing a fintech application? Before adding innovative new features to your app, you should first ensure that your app adheres to several fundamentals. Be sure to include the following steps in your development process:

  • Legal requirements: Even during your early planning stage, you must know what shape your legal compliance framework will take. Moreover, you must comply with various privacy laws for different territories, such as General Data Protection Regulation (GDPR) for the European Union (EU) and the California Consumer Privacy Act (CCPA). Consult a trusted legal advisor during every phase of your fintech app development process to ensure compliance with all regulations, regardless of how obscure or complex these may seem.
  • App security: Security will play a central role every step of the way during your fintech app development process. Toughen security with mandatory biometrics, one-time password (OTP), and two-factor authentication features. Ensure that your team rolls out updates immediately to patch up any security vulnerabilities that may occur.
  • API administration: Your fintech app must communicate with other apps and portals for smooth functionality. Thus, you’ll use APIs to connect these disparate applications. But you must ensure these APIs comply with the most stringent security protocols since this will impact your app’s risk factor.
  • User support functionality: Sooner or later, users will experience issues with your app. Create an intuitive user journey to smoothen the onboarding process. Include built-in training tutorials to help users learn how to use your app and an AI-powered chatbot to respond quickly to their questions.

Before Implementing The Latest Must-Have Features

Fintech apps have evolved considerably over the past decade. Even the most rudimentary applications come with impressive features meant to engage users. While that may seem like a smart move, it’s never a good idea to flood a fintech app with unnecessary features. Instead, it’s better to offer basic functionality that does actually meet users’ needs. You can always add additional features when you roll out updates and when you scale. 

Before commencing on expensive and risky projects, we always advise our clients to build a minimum viable product (MVP). An MVP is ideal for fintech app development because the focus is strictly on basic functionality. Moreover, it’s the perfect vehicle to test an app idea by bringing it to the market cheaply and quickly. 

If users resonate with the MVP, that’s a good sign that it has the potential to become successful as a full-fledged app. And by monitoring and analyzing user data and feedback, it becomes easier to pinpoint the additional features users want. Below, we’ll discuss in detail the various must-have features you should consider for your upcoming fintech project.

 

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1. Gamification

Until now, gamification was more of a nice-to-have feature instead of a must-have feature. But user expectations have changed due to the interactive experiences they’ve had with gaming. There’s hardly a user that doesn’t become incentivized by leveling up their character, achieving a high score on the leaderboard, or unlocking an additional skill on the skill tree. 

Gamification includes all these game-like activities and many more. And these have found their way into all kinds of apps, from productivity to fintech apps. But the real draw of gamification is that it helps to increase engagement by offering users a more fun and rewarding experience. For example, an investment app could award cool-looking badges when users meet specific investment milestones. 

2. Push notifications

Push notifications are not new and are standard in just about every category of mobile app. But it’s not only a matter of having push notifications but how you’ll use them to engage users. The core principles of fintech app development require that you provide users with security and keep them informed of any app changes at all times. 

Consider how users will want their banking apps to remind them of outgoing and incoming payments. And remind them about upcoming bills and alert them of any unusual logins or activity on their accounts. Push notifications are the quickest, easiest, and most reliable way to alert users. Emails and SMS messages sometimes go undelivered, and users may not always check these timeously or regularly. This may put them in a situation where they can’t respond to a potential security risk in time.

3. User Profiles

It’s crucial to let users customize your fintech app to make it more personal and accessible. Users love using apps that feel comfortable and will continue using those that seem designed specifically for them. 

You can do this with user profiles, which will contain each user’s individual preferences. Of course, you may also provide presets so that users can get up and running with a predefined UI, font style, and theme that they’ll find appealing. But customization doesn’t only need to affect the appearance of the app but also how it functions. Users may set their budget and spending preferences and save these in their user profiles. 

4. Blockchain

While not every fintech app benefits from a blockchain implementation, it’s worth considering if your app meets certain criteria. If your app must handle cryptocurrency transactions, you’ll inevitably use a blockchain. But it’s also necessary if your users demand a transparent and secure system to record all transactions without a central entity, such as a large financial institution.  

Where blockchain technology truly comes into its own is with any P2P network. So, if you’re creating a P2P lending application, your users will want to have the surety that there’s a record of all transactions on a distributed database. This way, lenders and borrowers will trust all transactions on your P2P lending app. And if there’s ever any discrepancy, the database will always reveal what happened with any funds after a transaction query.

5. Smart contracts

If you move ahead with a blockchain implementation, you should also consider smart contracts. The best way to think of smart contracts is that of smaller programs that run on the blockchain and automate tasks based on an agreement. And in their more advanced form, they may work with a central securities depository (CSD) to handle fungible assets like stocks, options, and bonds. Also, note that non-fungible tokens (NFTs) operate as smart contracts or under such a paradigm. 

Therefore, if you’re developing a platform to trade NFTs, smart contracts will become central to your fintech app development process. You’ll also need to integrate various digital wallets, crypto exchanges, and NFT marketplaces with your app.

6. Chatbots

We’ve already discussed why you should implement user support functionality in your fintech app. And we even mentioned the need for an AI-powered chatbot that will respond to user queries. Obviously, these kinds of chatbots are not new and are not only meant for fintech apps. But they’re essential to fulfill customer support roles, especially if you don’t have the budget and staff to provide support 24/7. 

Users will want to know how to set up and manage their accounts, get answers to technical issues, and learn more about new and specific features. And while they can find out this information by perusing your app’s docs or support forums, it’s better not to inconvenience them. Ideally, you want to keep users glued to your app and not look elsewhere, even your website, for information. 

An AI-powered chatbot can answer most user questions in seconds and in their native language. Users will feel more confident using your app, even its more advanced features, knowing that help is only a screen tap away.

7. Big Data Analytics

Financial applications live or die based on how well they handle large amounts of data. For example, the more data a banking app has about a customer’s spending habits, assets, and credit rating, the better it can assess risk for a requested loan. When an app feeds from the bank’s Big Data pipeline combined with analytics, it will know if the customer is trustworthy and may also detect potential fraud or malicious intent.  

Once everything is clear, the app can push through the loan request to the loan approval agent and notify the customer. And once the agent approves the loan, the customer will receive the fund in their account. This quick and frictionless way of applying for a loan without needing to call or visit a bank branch is only possible due to Big Data analytics. 

8. Machine Learning

It’s hard to think of fintech app development without becoming proficient at implementing machine learning. And that’s because there’s hardly a fintech application that doesn’t have a ML component in one form or another. Moreover, there are many ways that ML algorithms can aid various functions, even within a single fintech app. 

These algorithms can enhance an app’s fraud detection capabilities, predict market risks, and implement trading strategies. Bots powered by ML algorithms can also advise users on trades, upcoming investment trends, and market opportunities. However, it’s important to note that the quality and accuracy of the data these algorithms use will determine overall efficacy.

9. Multiple Digital Payment Options

No fintech app can function correctly without having at least one digital payment option. But users expect multiple digital payment options, so design your app for such a scenario. While it’s perfectly okay for your MVP or initial versions of your app to have one payment option, you’ll need to diversify payment options as your app matures. 

But what payment options should your fintech app have initially? Offer wire transfer, debit, and credit card payments from the get-go. Then, closely follow with PayPal, Venmo, Cash App, Stripe, Amazon Pay, Apple Pay, Google Play, and Samsung Pay. 

However, some digital payment processors prohibit risky speculative trading and investment products from accessing their services. Ensure that your fintech app complies with the terms of service (ToS) of any payment processor you plan on integrating. You may also add cryptocurrency payment options if your app’s meant for the crypto market.

In Conclusion

Fintech app development has come a long way yet still offers many opportunities for forward-looking appreneurs, developers, and financial institutions. Users have become accustomed to handling all their finances on their mobile devices. They seldom visit a physical location or call an agent to do their banking, submit an insurance claim, or invest in stocks. Furthermore, fintech apps make most transactions easy, convenient, and quick. Contact NS804 today to learn how we’ll help you build your next fintech app for a growing and promising market! 

What is Rapid Application Deployment?

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Today’s digital landscape is ever-changing, and with innovation and speed being at the forefront of most digital developments, organizations are seeking innovative ways to boost their software development and deployment processes. The ever-changing digital landscape has seen software developers being more creative in accelerating their software and deployment processes. One area that has gained significant traction in propelling organizations to be steadfast in application development is rapid application deployment.

Essentially, rapid application deployment refers to a set of processes, practices, and techniques intended to increase the speed at which applications are designed, developed, tested, and deployed in marketplaces. Rapid application development harnesses proven techniques and sure-fire practices to propel the software development processes, from conception to completion.

This blog post explores the concept of rapid application deployment to provide business stakeholders, development teams, and potential clients with insights needed to adopt and master rapid application deployment. Adopting these practices and principles will help organizations upscale their application development while enjoying quality software solutions.

 

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Understanding Rapid Application Deployment

Rapid application development is a streamlined approach to software development. Rapid application development emphasizes speed and responsiveness. Development teams who leverage rapid application deployment will be more adaptable to disruptive technological trends. Likewise, they’re better suited to providing quality software solutions to their clients and end users. Therefore, by adopting the principles and practices of rapid application development, you stand to provide scalable, adaptable, and flexible software solutions while remaining within the boundaries of budget and timeline.

Key Features of Rapid Application Deployment

  • Speed. Rapid application deployment provides faster and more timely software solutions. This concept ensures that development teams reduce time-to-market timeframes, enabling businesses to respond faster to market opportunities.
  • Scalability. The rapid application deployment framework embraces an agile mindset. It fosters adaptability and flexibility. Agile principles such as customer collaboration and continuous improvement are central to rapid application deployment.
  • Iterative development. Rapid application deployment takes advantage of iteration. It divides tasks into smaller but more manageable increments. A large and complex configuration or programming task can be segmented into smaller workloads less prone to risk and more cost-efficient.
  • Continuous integration and deployments. Continuous integration and deployment cannot be disentangled from the entire concept of rapid application development. Continuous integration ensures the continuous integration of codes into a shared repository. Continuously integrating code changes to a shared repository prevents recurring mistakes or errors in codes and enhances the quality and adaptability of software development processes. On the other hand, continuous deployment refers to automating the deployment process so that software updates are deployed rapidly and more reliably.

Evolution and Significance of Rapid Application Development

Rapid application development has emerged as a response to key changes to the software development environment. Traditional processes and approaches like the waterfall model resulted in lengthy development processes and late launch dates. Rapid application deployment has emerged as a solution to overcome the demand for faster software deployment.

 

The Benefits of Rapid Application Deployment

Rapid application deployment holds several benefits in the software development environment.

1. Market responsiveness

Companies must constantly evolve and adapt to shifting consumer and market demand in today’s competitive market landscape. Customers need innovative solutions that are paired with cost-cutting measures. Markets demand more responsiveness, agility, and scalability. Rapid application deployment enables organizations to be more agile in their technology uptake. Companies leveraging this concept are more innovative and adaptive, providing less-to-market time for new software solutions.

2. Iterative improvement

Iterative improvement creates room for collecting feedback, validating, assumptions, and integrating suggestions into consequent parts of the project. In software development, feedback must be taken into consideration for quality and reliable outcomes. Interactive improvement leads to continuous learning and adaptability to evolving requirements. Development teams who adopt rapid application development can continuously integrate improvements into their processes. This eventually leads to quality and reliable software solutions.

3. Risk mitigation

The rapid application deployment approach takes into account the risk-mitigation factor. RAD approach continuously tests applications early enough to identify and mitigate unprecedented risks. Early and continuous testing ensures that errors are detected and mitigated early on in the development lifecycle. One technology used in risk mitigation is predictive maintenance. In predictive maintenance, detection bots are used to detect errors in every development cycle, providing insight into small technical issues before escalating to costly problems later on.

4. Enhanced collaboration

Rapid application deployment encourages cross-functional teams to deliberate on issues. Most importantly, this approach is anchored on frequent communication, ensuring that stakeholders can clearly define their project expectations. Frequent communication and cross-functional teams yield the integration required to develop applications that respond to existing problems. In addition, this collaboration leads to a shared understanding of project goals, facilitating knowledge-sharing in different stakeholder groups.

5. Customer-centricity

Rapid application deployment is feedback-driven, placing a central emphasis on customer satisfaction. Its iterative approach to design, development, and testing ensures that feedback is collected and shared. This iterative approach further prevents errors or mistakes from reaching the consequent stages of the project, leading to quality and reliable project outcomes. By integrating customer feedback, software development teams can build reliable software that responds to the needs of markets and customers.

Steps for Successful Rapid Application Deployment

1. Project planning and gathering requirements

A successful first-step approach for rapid application deployment is conducting project planning. The first step of conducting the project planning is defining your project goals.

  • Define your project goals. You must set out your project goals and objectives. Clearly defining your vision and goals helps you to align your development efforts with defined business goals. For instance, if you want to increase your client base by 30% in two years, your application deployment must guarantee this outcome.
  •  Identify your project requirements. You must meet with different stakeholders to identify any prevailing requirements. Prioritize all requirements based on their value and feasibility. Your plan must focus on core functionality and project outcomes in early iterations.

Successful project planning ensures that the consequent stages of the project proceed as planned.

2. Iterative development and release management

The rapid application deployment uses iterative development. This type of deployment delivers iterative deployment cycles. Each cycle leads to a deployable and manageable software increment. This process involves the following two steps.

  • Breaking down the development into smaller sprints. Typically, break down the project into smaller, manageable cycles that run between two to four weeks. Each iteration involves developing a testable and almost deployable software increment.
  • Prioritizing features and release plan. This step involves collaborating with stakeholders to comprehensively understand the project. Reiterate goals and project expectations. Reiteration ensures that the application or software developed meets the client’s needs.

Iterative development provides room for collaboration and information-sharing. This ensures that the project meets the needs of both the developers and the clients.

3. Test automation and continuous testing

Test automation ensures that any deployable increments are tested for quality outcomes. Each code that’s continuously integrated must be tested before deployment. Test automation is critical in rapid application deployment because it provides timely and accurate feedback on software quality.

Test automation involves the following two steps;

  • Identifying test cases. This step involves identifying test cases for automation. Test cases involve selecting areas that are critical for validating the security, performance, and functionality of an application. After identifying areas critical for a software’s performance and functionality, you can automate the test of these areas in a repeatable manner.
  • Deploy continuous testing. Now it’s time to implement continuous testing. Three types of tests must be deployed regularly to ensure that errors and mistakes in codes and executable or deployable increments are detected early in the software lifecycle development stages. These tests include automated tests, acceptance tests, and integration tests.

Test automation ensures reliable and accurate reporting of software quality, ensuring that teams proceed with information on the development lifecycle.

4. Continuous monitoring

Feedback loops and continuous monitoring are important in ensuring customer satisfaction, reliability, and performance of the application. Achieving continuous monitoring and feedback loops involves the following steps.

  • Application monitoring. Development teams use applications that track and evaluate key performance indicators. Monitoring tools are used to track KPIs such as response time, resource utilization, and error rates. Monitoring tools collect user feedback, identify improvement areas, and prioritize developments.
  •  Integrating feedback into development cycles. Collaboration with stakeholders helps to gather feedback. This feedback is injected into the development pipeline, ensuring that every iterative cycle captures the intended needs of customers and clients alike. In addition, this iterative feedback is shared in the development pipeline to ensure continuous improvement.

Providing continuous monitoring is a critical element of rapid application development. Continuously monitoring ensures that every deployable increment meets and exceeds the needs of the application development project.

Challenges of Rapid Application Deployment

Although rapid application deployment provides numerous benefits, there are various challenges that you must overcome to ensure successful implementation. Overcoming these glaring challenges is critical to meeting the needs of reliability, flexibility, and quality related to rapid application deployment.

1. Managing technical debt

Technical debt refers to the costs or losses incurred while taking suboptimal solutions in software development. Technical debt can impair future development. So, it’s crucial to take measures to mitigate technical debt. Some of the steps taken to manage technical debts include;

  • Regular refactoring. Regular refactoring is allocating sufficient time and resources to a code to improve its structure. This approach helps reduce technical debt, by ensuring that the code base is always clean and adaptable.
  • Prioritize technical debt reduction. Integrate efforts to reduce technical debt at every development lifecycle. Integrate efforts, systems, and processes that detect and mitigate costly risks. In addition, reconcile differences between new feature development and technical debt to ensure that you do not create more but less-likable features against the backdrop of rising debt.

Debt must be mitigated because it represents a risk to future application development.

2. Ensuring quality assurance

Ensuring quality assurance is important in application deployment because the design speed must not inhibit the quality of the end output. In rapid application deployment, experts believe that all steps, although proceeding at a significant pace, must take into account quality requisites. Deployable software increments churned at every iterative cycle must respond to quality requirements set out in that specific developmental cycle or stage. There is a wide range of strategies set to ensure quality assurance.

  • Automated testing. This step involves implementing a comprehensive suite of deployable tests. These tests may include end-to-end tests, integration tests, and unit tests. Automated testing ensures quick and reliable feedback, thus providing opportunities to improve the correctness and stability of an application.
  • Code reviews. Continuous code reviews detect, mitigate, and manage costly errors emanating from flawed code integrations and code deployments. By emphasizing code reviews, organizations can identify potential technical problems early in the development cycle. Peer reviews in code design and deployment ensure adherence to coding stands. Code reviews further help to catch bugs and promote knowledge sharing among peer groups.

Quality assurance is an instrumental challenge in rapid application deployment. Luckily, mitigation steps set to ensure the successful implementation of RAD provide immense solutions.

3. Security considerations

Rapid application deployment doesn’t overlook the vulnerability of attacks. Applications are one of the most targeted platforms, with hackers and attackers looking to exploit vulnerabilities. If financial software is infiltrated by unauthorized users; they will steal millions of credit card numbers. And using bots and iterative software, criminals can match credit card numbers with other user credentials like names, SSNs, and street addresses to gain access to protected information.

  •  Incorporating security practices. The first step taken to ensure maximum security is adherence to coding standards. Vulnerability testing is also incorporated early in the development stages to identify loopholes.
  • Secure deployment practices. The developer must follow established code standards, code configurations, and encryption of sensitive data. Following these secure protocols in code development and design enhances application security, increasing customer trust.

Development teams must provide secure applications prioritizing the customer’s safety, accountability, and security.

4. Continuous monitoring

Continuous monitoring and collecting feedback are critical for ensuring scalable and quality applications. Strategies deployed for effective monitoring and collecting of customer feedback include:

  • Application performance monitoring. The development teams deploy application performance monitoring tools and techniques to track an application’s real-time performance. Application tools report critical metrics on performance like response rate, overall responsiveness, functionality, application, and usability. Application
    performance monitoring helps monitor indicators such as error rates, response time, and resource use. These measures monitor and solve performance bottlenecks.
  • Engagement and user feedback. You must actively solicit user feedback using surveys, direct communication channels, and user testing. In your user engagement journey, prioritize user behavior, preferences, and pain points. Analyzing these trends is crucial in making important decisions about future improvements.

Continuous monitoring is critical for determining what works and what doesn’t. Evaluating feedback provides room for information-sharing, leading to informed decision-making across every stage of the development cycle.

 

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The Outcomes of Successfully Adopting Rapid Application Deployment

Although expensive and time-consuming in some quotas, rapid application deployment provides numerous benefits to enterprises and marketplaces.

  • Reduced time-to-market. Traditional development methods were time-consuming. Rapid application development provides a cohesive model with proven techniques to escalate an application’s development and deployment. Escalating the development process reduces the time-to-market, allowing customers and enterprises to take advantage of emerging opportunities.
  • Customer satisfaction. Customers are satisfied when the products and services meet their immediate needs. To meet your customers’ varied satisfaction levels, you must understand the perceived usefulness of your product. An application’s ‘perceived usefulness’ refers to the collective value of the product. Rapid application deployment provides quality assurance, developing products that meet and exceed expectations.
  • Efficiency and collaboration. Rapid application deployment leverages collaborations among stakeholders. Development teams, customers, and respondents all participate in different iterative stages. Each stage carries the collective feedback of every stakeholder. Iterative development helps deliver a holistic perspective and version of software to everyone.
  • Flexibility and adaptability. Rapid application development underscores the values of flexibility and adaptability. A large and immensely complex project disintegrates into smaller, more manageable deliverables. Each deliverable can be quantified, tested, and even deployed independently. Thus, the end outcome of rapid application deployment is a flexible and adaptable application that can respond, configure and detect changes based on changing user needs and demands.

Ensuring that you leverage the capabilities of rapid application deployment will ensure that you take advantage of emerging changes in the technology landscape.

NS804 – Scaling Heights With Rapid Application Deployment

NS804 works with a multidisciplinary team of professionals to deliver actionable software solutions. NS804 software solutions are scalable, adaptable, secure, and quality. The company has leveraged rapid application development mechanisms to accelerate application design, development, and deployment.

So, whether you’re a medium-sized e-commerce enterprise seeking rapid software solutions, or a large hospice seeking leverage in emerging e-health technologies, we are here to power your dream. We help all enterprises, small and large, simple or complex, reach the apex of transformative technology.

Reach out to NS804 for quality and reliable solutions in rapid application development.

The Best Alternative App Stores

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When people talk about app stores, they are mostly referring to Apple’s App Store or Play Store by Google. These two stores account for over 90% of all app downloads in the world. However, there are more than 400 app stores in the world, and there is a good case for their existence, both from a developer’s perspective and the users.

Alternative Stores

One of the main arguments for the existence of alternative app stores is to wrestle control away from two companies. Apple and Google wield a lot of control in the mobile app market as it exists currently. Apps can always be removed from Play Store or Apple’s App Store for violating community guidelines. At the same time, the review process before publishing new apps or updates may prove frustrating for some developers.

Google and Apple take up to 30% of all paid app purchases and in-app purchases from apps downloaded on their store. Some stores exist to offer a fairer revenue split for app creators.

For app users, alternative app stores are an attraction because they offer access to content, they currently cannot access on the official Android or iOS stores. Some apps may be geo-locked for political reasons and therefore delisted from official stores. In other cases, a user may wish to access an app in a language different from what’s available in their regions.

Staggered rolling out of apps, features, and updates is quite common in app marketing. For this reason, users use alternative stores to experience early releases before they officially hit their market. Such users are often tech savvy early adopters or simply product enthusiasts. Offering your app on alternative app stores serves this market.

10% of all mobile downloads is a significant number that can translate to billions of dollars in revenue. Listing apps on alternative stores is a legitimate search engine optimization opportunity. Whether your app is free or paid, there is a case to explore viable alternative platforms to publish your app. Here are 10 alternative stores to start with.

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Amazon App Store

The Amazon App Store is the biggest app store after Apple and Google’s stores. Amazon sells hardware devices, and their App Store comes installed as the default place to download apps from. This gives it a significant edge over most other alternative app stores.

In addition, Amazon has a large selection of apps published already in the gaming and education categories. According to Statista’s estimates, there were 480,000 apps published on Amazon’s app store in late 2022. More impressively, the store is available in more than 200 countries, which means that publishers can optimize their apps for a global market.

To publish on Amazon’s store, one would need to open a developer account that attracts a $99 annual fee, similar to what Apple charges. Amazon charges a 30% commission for all paid apps sold on the platform as well as on all in-app purchases processed through its payment systems. Amazon’s one-click purchase process for apps is said to be better compared to Google Play Store’s due to fewer abandoned carts on the former.

Other interesting features on Amazon’s App Store include the ability to offer paid apps for free as part of a promo-campaign. This is not possible on Google’s Play Store. It is worth mentioning that the average revenue per active user on apps downloaded from the Amazon store is much higher than on Play Store according to Flurry Analytics. In fact, it is much closer to Apple’s App Store. In conclusion, Amazon app store’s reach and average revenue per active user are enough reasons to publish your app there.

APKPure

APKPure is a platform that publishes apps that are already available on Google’s Play Store. By doing so, it removes restrictions such as the geo-locking of apps from users in certain countries.  The platform claims to use cryptography to ensure that the app versions published are the same as those published on the official Android store. They use the SHA-1 algorithm for this security assurance.

One notable thing about APKPure is that they keep previous versions of apps, allowing users to experience legacy versions of applications.

The platform has a section for collecting feedback from users. In fact, creators can submit DMCA takedown requests if they feel that there is a copyright infringement by any of the apps published on the platform. APKPure’s website has an active blog section that runs app reviews and ‘How-to’ articles. Getting you app featured on one of these posts is a sure way to gain more traction, especially if the app provides clear utility for intended users.

360 Market

China is quite an interesting market when it comes to app stores. Google Play Store is not available in mainland China, thus paving the way for other players to lay claim to the market with over 1 billion mobile devices. One of the main app stores in China is 360 Market. The store has over 250 active mobile users and over 600,000 apps listed. By 2022, the store had recorded over 30 billion app downloads on both mobile and desktop devices. 360 Market’s share of the Chinese Android market is currently 15%.

360 Market uses the MD5 detection algorithm to ensure that apps published on their platform are not pirated versions of other apps.

MyApp by Tencent

The biggest app download platform in China is MyApp, popularly known as Tencent, the name of its parent company. It holds 25% of the Android market in China.

Given the size of the Chinese market and the unavailability of Google Play Store, app creators and publishers must cater to this market, through such platforms. China’s economic rise over the last few decades means that the population has considerable spending power. In fact, revenue from paid apps and in-app purchases in China has now surpassed the US meaning that numbers in fact do matter as much as revenue per user also does.

9Apps

9Apps is an alternative store that hosts Android apps. But the platform offers music, wallpapers, and videos beyond just the apps, making it more than just a basic app. 9Apps is popular in India, Brazil, and Russia, which can collectively be termed as large emerging markets. One key differentiator between 9Apps and Play Store is that the former offers content in regional languages thus enabling users in a country such as India to pick their language of choice to use the store.

9Apps also compresses apps so that they are easier to download. The size of apps is an important factor in countries where internet bundle prices are high relative to average income levels. This dynamic is seen in the fact that major social media platforms have ‘lite’ versions to cater to such market segments. 9Apps offers all apps for download only in APK format, meaning that they download rather fast without hogging user data bundles.

9Apps is also a good alternative for users who may not be comfortable with Google’s tracking of users’ apps. Google keeps this information to make it easier for users to switch between devices while keeping all of their apps.

APK Mirror

APKMirror is a platform that allows developers to upload their APK files for free. The founder, Artem Russakovskii is also the founder of a popular blog called Android Police.  The platform is very popular and more than 500,000 different apps are listed. Their submission process is quite straightforward, taking only a few clicks on their website. APKMirror does not host paid apps.

APKMirror uses cryptographic signatures to ensure that newly uploaded versions of apps have the same signatures as existing ones to prevent the uploads of fake apps by hackers. If this is not possible, APKMirror does a comparison of the new upload with versions available on verified platforms such as Play Store. The platform has a strict no-piracy policy.

APKMirror categorizes apps into dozens of categories, which makes it easier for users to search for what they need. Users have the option to download two different versions of the same app, which can be helpful for those who require to roll back on an older version. Over time, the recommendation algorithm learns a user’s preferences, and suggestions on the homepage are more personalized.

F-Droid

F-Droid is an alternative to the Play Store for savvy users who have privacy concerns with Google’s tracking of user activity. The platform is non-commercial and therefore does not charge developers to host their apps. They rely mostly on donations from enthusiasts. F-Droid does not require users to create accounts like Play Store does.

Just like the Play Store, F-Droid allows the updates of apps when such updates are available. This means that using F-Droid instead of Play Store can end up feeling like a seamless switch. Users on the same network can exchange APK files from F-Droid easily over the network, meaning you can transfer apps from one device to another.

Samsung Galaxy Store

The Samsung Store is the default app store that ships with all Samsung devices. The store has more than 100 million monthly users and 100 million monthly downloads. Therefore, publishing on the Samsung Galaxy Store is a big deal in terms of visibility.

The Samsung store requires users to have a Samsung account in order to be able to make purchases and have a smooth experience across all their Samsung devices. Users can use Samsung Pay or debit and credit cards to make purchases on the store. Perhaps the main advantage of publishing an app on the Samsung store is the credibility that comes with being in a major store.

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GetJar

This platform accepts upload or Android apps and iOS apps. Getjar does not charge creators to publish on the platform and the scrutiny of apps is not as strict as on other platforms mentioned above. The platform has around 35 million active users. The platform has its own virtual currency called Getjar Gold, which users can earn or buy and use to buy apps or make in-app purchases. In fact, you can use the currency to make purchases on Play Store and Amazon too.

Reasons to Use Alternative App Stores

The fact that these alternative app stores have tens and hundreds of millions of users justifies their existence. Regardless of the purpose they serve users, they are a genuine way to increase the distribution of apps. There are stores that exist to reach markets that the Google Play Store and Apple App Store do not reach.

For app creators, alternative app stores offer a way to reach niche audiences. For instance, there are stores that do not require users to create accounts before downloading apps. Audiences who prefer such anonymity are more likely to use such platforms to download their apps.

Niche audiences are also useful when you want to soft-launch your app. By introducing an app on an unofficial store, you can allow early adopters to test a beta version and provide feedback. This can help fine-tune the final version of your app before it becomes available in other stores.

App download statistics show that certain stores are doing well in specific markets, perhaps due to their language optimization. Such stores are great when attempting to introduce an app in new markets.

Picking the Right Stores

Having your app as widely available is a good thing on the face of it. However, there are a few other considerations to have in mind when picking platforms on which to publish your app.

Credibility

It is important to scrutinize the credibility of an app, including the reviews of users and the publishers who are currently using the platform. It is a good sign when the platform has strict standards on the quality of apps published as well as a serious anti-piracy policy.

Pricing and Revenue Split

The price you pay to get a developer account on a platform should be justifiable based on the size of the existing active users on the platform. The revenue split should be equally reasonable.

Developer Support

A good developer community as well as the existence of learning resources for developers are likely to help you make the best of a platform.

To learn more on app stores, app store optimization, and the best mobile development practices, reach out to NS804. Our team is well-versed in the development of mobile apps from ideation to distribution on multiple platforms. Schedule a call with us today.

Have a Mobile App Idea? 7 Steps to Take First

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Apps represent a big business to most sectors and industries – from healthcare and manufacturing to retail and hospitality. Most apps are continuing to grow by leaps and bounds.

In May 2022, there were approximately 5.6 million apps across Google Play and App store. In addition, consumer spending on mobile apps grew by 19% in 2022 to $170 billion, highlighting the impact and potential of mobile apps in global consumer spending.

Although mobile apps represent a huge potential to enterprises seeking new digital solutions, today, going from app concept to actual implementation is a multi-stage process that requires careful planning.

This post will discuss some of the first steps to take if you have a mobile app idea:

Before we delve deeper, it’s important to note that the app development process is different for each app. This process changes from one app to another. However, although different app verticals present discrete concerns and unique issues, some factors cut across all apps.

This article investigates the critical first-step factors every mobile app developer must consider.

1. Market competition

The first step to conceptualizing and building your mobile app is to do due market research. Not only do you need to understand the app market in general, but you need to understand your niche or target market – also called the app vertical.

For instance, you’ll realize that launching a gaming app is quite a different process than creating a tour and travel app. In addition, developing a hospitality app is different from developing a manufacturing app.

The difference comes because the audiences, preferences, and priorities of the target market are discrete. While healthcare consumers want suggestions on the best healthcare insurance policies, travel and tour users want suggestions to the best destinations – sunny beaches, wildebeest migration, historic sites, and jaw-dropping altitudes.

So, it’s important to examine two factors:

  • Competition. Studying and understanding your competitors helps you know if there’s any room in the market. It helps you know how you can stand out from the competition. Competitive research will highlight what works, what doesn’t, what needs to be done, and where your app can have a meaningful impact.
  • Target market. Which target audience will your app serve? This is the most basic, yet the most foundational factor you need to consider when building your app. Defining your app’s persona is quite integral to your app’s success.

Ensure you have an end-to-end understanding of your market and target audience before proceeding to develop and launch the app.

2. Funding options

Of special concern is understanding your funding options. Try to map out your finances and know which sources of funds will drive your app. It’s important to remember that while financial situations and funding sources differ greatly, you need funds for your app to exist.

While there are various funding options, you must determine which option to select. Will you give part of your equity to investors? Or can you bootstrap the app idea long enough to lift it above the ground? You may also consider whether contests are too risky for your unique app idea.

Some several funding options to consider include:

  • Personal network. It’s advisable to reach out to family and friends to put together money for your initial investment.
  • Private investors. Scrutinize private investors with a vested interest in your app, or look for local enterprises willing to optimize your hyper-local delivery app.
  • Funding contests. If your app’s idea is strong enough, participate in funding contests to win capital and evaluate your app’s feasibility.
  • Venture capital. If your app is in the developmental stages, consider venture capital to give it a lift off the ground.
  • Bank loans. Although banks provide loans, they have stringent funding requirements. You can optimize bank loans if you’re sure your app has a huge success potential.
  • Crowdfunding. If all options fail, turn to the internet to find users or potential people interested in investing small investments in your product.

Knowing how and where to source your funding is a critical first step for your app.

3. Set budget

After weighing potential funding options, it’s time to set your budget. When setting your budget, ask whether you can bootstrap the development process long enough on a tight budget or whether to spend investor money on hiring an app development team.

It’s also important to ask yourself whether you’ll conduct a multipronged marketing campaign or a word-of-mouth campaign. Knowing your budget will help you set realistic goals regarding app development and app implementation.

USE OUR APP COST CALCULATOR TO ESTIMATE THE COST TO BUILD YOUR APP!

4. Monetization options

All apps must have an end goal behind them. For most, boosting sales and creating revenue streams is the main reason most people develop apps.

There are a variety of options to monetize your app. However, understanding the nuances behind every method is the only way to pick the right monetization option.

E-commerce apps have it easy here because selling merchandise is the most obvious monetization option. However, you must know whether you’ll need to run in-app ads or whether you’ll charge for every download.

Will you rely on in-app purchases or will you charge a subscription fee? Exploring all these monetization options is the best way to select an option that best compliments your app’s strategy.

5. App development options

As you consider your monetization strategy, consider the alternatives to app development. Will you hire a professional app developer or outsource a development team for your project?

There are many app development options and each has its advantages and disadvantages. In addition, there’s a budget for every option. For instance, a fully custom development can be expensive and time-consuming while a simple, no-code application can be inexpensive, but it will limit your app’s features and customization capabilities.

6. Minimum viable product (MVP)

Test your app’s feasibility using a minimum viable product (MVP). A minimum viable product helps you gauge your app’s overall capabilities and feasibility without fully developing it.

Think of a minimum viable product as a prototype or a sketch of the end product. An MVP can help you test your app with a small audience and learn what features they’re responding to. In addition, using an MVP may help you know what you need to rethink.

An MVP gives you something to show to potential investors.

7. Protect your app

Last but not least, know how to protect your app long before launching it. Whenever you have a great and unique app idea, the first question that comes to mind is, ‘how will I protect it and keep people from stealing it?’

Frankly, it’s a great question and a reason to consider the following options:

  • Share selectively. It’s imperative not to overshare your app’s idea even if you’re searching for funding. Carefully vet the people you’re planning to work with long before you brief them about your idea. This selective sharing applies to everyone, from investors to programmers.
  • Use NDAs. It’s imperative to deploy non-disclosure agreements (NDAs) whether you’re hiring a programming team or looking for investors. Always use NDA to guard the confidentiality of your app.
  • Trademark your business. It’s advisable to register and trademark both your brand logo and your business name to ensure you legally own both in case of any compromises or intellectual property theft.
  • Copyright. Your trademark is directly related to how your business and brand name are registered; a trademark will protect the intellectual property rights of your business.

As you’re now armed with the right roadmap to follow while creating your app, you can forge your idea into a reality.

SCHEDULE A CONSULTATION WITH AN APP DEVELOPMENT EXPERT TO GET A CUSTOMIZED QUOTE!

NS804 – Turning Your App’s Idea into a Reality

Always remember to contact NS804 for app development questions and solutions.

NS804 provides end-to-end app development solutions, whether you want an IOS app, an Android, or a hybrid app.

Lead Generation In 2023: Why App Development Is Mission-Critical

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The overall success of your business-to-business (B2B) endeavors rely heavily on lead generation. But you may have noticed that generating valuable leads is incredibly challenging nowadays. Over a decade ago, you only needed a reasonably presentable website and some social media presence to grow your leads.

But in 2023, a website and social media aren’t enough for lead generation. And the reason this has happened is due to the way the Google Search Algorithm functions, which is complex but impacts whether or not potential clients will find your website. 

Furthermore, social media platforms have become walled gardens that severely limit the amount of traffic leaving these platforms. Instead, they strive to keep users engaged for long durations, causing them to be less interested in visiting websites unless there’s a compelling reason to do so.

But where does that leave your B2B efforts in light of all these developments? Well, you could launch advertising campaigns for the sole purpose of generating leads. Yet this is expensive, with plenty of trial and error involved to achieve optimal results. And while we’d never dissuade you from running ad campaigns if these can help your business — we also want you to consider other options!

Consider that mobile apps still engage users and drive innovation in 2023. A good example is TikTok, which has radically transformed how users consume and interact with video content. It’s had such a huge impact that it forced YouTube to introduce short-form video content via Shorts to remain relevant. That’s a testament to how powerful and mission-critical app development has become, which we’ll discuss in more detail below.

SCHEDULE A CONSULTATION WITH AN APP DEVELOPMENT EXPERT TO GET A CUSTOMIZED QUOTE!

Mobile App Development Shows You Mean Business

Not every business invests in a mobile app, which will place you in that rarified space of leading brands with their own custom apps. Not only will it increase the prestige of your business, but also its trustworthiness.

And if you’ve created an app with an excellent user interface (UI) & user experience (UX), a well-integrated chatbot to respond to inquiries, and watertight security — lead generation will become significantly easier. Besides, it’s more convenient, personalized, and safer for users to interact with your business via your mobile app than through your website.

Qualify Your Leads

One of the most crucial things about developing and releasing a mobile app is that users will ultimately download it. And while that may seem obvious, it’s one of the most powerful aspects of having a mobile app. Once prospective leads download your app, you’re in a position to take things further.

After all, what’s the point of lead generation if you don’t qualify those leads? You can request their contact information or even for them to create a profile. To reward them for completing these actions, you can give them access to exclusive content or features. Thus, you’ll likely impress them and drive them faster down the lead funnel.

USE OUR APP COST CALCULATOR TO ESTIMATE THE COST TO BUILD YOUR APP!

Automate The Lead Generation Process

It’s likely you’re on a tight budget and must limit the number of staff to interact with prospective leads. And considering that the global economy faces a recession in 2023, it’s wise to streamline business operations. Fortunately, mobile apps are ideal for automating the lead generation process.

A well-implemented app can consistently keep prospective leads interested in your products and services. The app can offer suggestions and special offers based on a lead’s preferences, purchase history (if any), and app usage. It can also send reminders when necessary and commence with the follow-up process. The latter is crucial as leads often turn cold when businesses fail to follow up.

The Bottom Line

Mobile app development facilitates the lead generation process but also supercharges it like no other methodology. And given how it enhances the status of a business, streamlines its business processes, and automates lead generation — it simply can’t be ignored in 2023. Contact NS804 to learn how we can help you build apps that will grow your leads exponentially!

3 Myths About iOS App Development, Debunked

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If you are considering an iOS app development project, you may already have heard certain myths regarding how to approach the process. You may have heard that it is costly or that it can only be done using a certain programming language or else it will not be successful. Let us debunk some of these myths.

1. You Can Only Use Swift Programming Language

Swift is a programming language built by Apple for building iOS apps. While it is an easy-to-use and open-source language, the truth is that you can use any language and still achieve an app with a great user experience. The advantages of Swift include easy and concise syntax and automatic memory management. However, you can still build great iOS apps using Objective-C.

SCHEDULE A CONSULTATION WITH AN APP DEVELOPMENT EXPERT TO GET A CUSTOMIZED QUOTE!

2. Complex Code is Good for iOS App Development

It is a common mistake for developers to build overly complex code when a simpler and straightforward approach would have been better. End-users do not care about the underlying code. Therefore, simpler code is better and easier to maintain. Instead of trying to build everything from scratch, developers should take advantage of frameworks provided by Apple to simplify the development process.

3. Technology Matters more than People

A lot of times developers spend more time thinking about the technology to use in a particular project. A lot more time should go to thinking about user needs and how to build around them. Apps ought to be built to solve user needs in a way that feels natural to them. This massively increases the chances of an app succeeding.

USE OUR APP COST CALCULATOR TO ESTIMATE THE COST TO BUILD YOUR APP!

You Can Only Use Apple’s Frameworks

While the iOS app building frameworks by Apple are extremely helpful, a developer may face a challenge that needs a solution outside the scope of the frameworks. Developers should feel confident enough to build their own solutions.

To learn more on mobile app development and iOS apps, in particular, visit our blog page. If your business needs enterprise app development services, you can schedule a call with us here.

Android Developers Richmond, VA

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The Android operating system has over 70% market share worldwide, making it a dominant force in the thriving mobile app market. Google continues to come up with exciting, feature-rich applications, driving entrepreneurs to desire a piece of the Google pie.

Today, more than ever, entrepreneurs are looking for enhanced security and scalability, and Android apps seem to be meeting this demand. Today, Android apps are the new frontier, driving sales for enterprises seeking unique and innovative solutions.

And if you’re running a business in Richmond, Virginia, you need a custom-built Android app to help you target and retain Android users. So, what do you benefit from when you contract or hire Android app developers in Richmond, Virginia?

Well, let’s take a look:

1. Higher Returns on Investment (ROI)

The Android Software Development Kit is open-source software readily available to developers. In addition, Android app development is cost-effective and budget-friendly to enterprises operating with a cost-structure model in mind.

The Android app development has four stages:

  • App design
  • App development
  • App testing
  • App deployment

In addition, the entire development cycle is cost-effective, making it easier for enterprises to attract a good return on investment. So, if you’re looking for an affordable, cost-effective mobile app development solution, you’re in the right place. Android mobile app development delivers on its promise.

2. Substitute for Bring Your Own Device

Bring Your Own Device, commonly abbreviated as BYOD, is an evolving trend in most enterprises. Most organizations are not encouraging their employees and co-workers to bring their own devices to enhance collaboration and communication in the workplace, regardless of distance.

So, with Android app developers Richmond, VA, you are guaranteed to promote collaboration across your Richmond team of workers. Android mobile app development allows your employees to collaborate on shared projects without losing touch on crucial matters.

3. Easy Customization

Did you know Android is a versatile and easy-to-customize platform with enhanced flexibility and agility? What you get with Android mobile app development is an innovative app with varied customization options. As a robust operating system, Android can integrate both simple and complex modifications, enhancing your business functionality across the board.

4. Security and Marketing

Since its inception, Google has launched many varied business-friendly features. Today, Android stands firm against its counterpart Apple, especially regarding usability and security. It’s hard for malware and other third-party viruses to locate Android’s data structures, making the OS a safe and secure enterprise application.

In addition, the Android operating system allows an automated system to send instant notifications to the end-users, keeping them updated on important issues. In addition, you can easily monetize your Android app, thanks to its already existing prevalence and reputation.

In a way, Android mobile app development gives you shared benefits – security and promotional capabilities.

NS804 – Maestro of Android Mobile App Development

NS804 serves enterprises across Richmond, Virginia, allowing these brands and businesses to take advantage of an already existing, superior application – Android. So, if you live in Richmond and you’re looking for trusted and secure Android app development solutions, look no further.

NS804 is your trusted Android Developer in Richmond, allowing you to design, develop, test, and successfully deploy your Android App.

Contact NS804 for time-to-value Android app development solutions.

4 Ways to Leverage Push Notifications

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The average smartphone user engages with over 27 apps in a year. The competition for user attention is obviously high and push notifications can help boost engagement with users. Push notifications have a click-through rate as high as 80% meaning they are more than an effective way to bring users back to the app.

To make the best use of these notifications, here are some strategic ways to deploy push notifications.

1. Abandoned Cart Reminders

More than 75% of online shoppers abandon their carts before completing intended transactions. Most of these abandonments represent a sale that is lost forever. You can use notifications to nudge customers to revisit the app and complete the purchase.

2. Back In Stock Notifications

What happens when a customer searches for an item, but it is out of stock? One option would be to prompt the customer to opt into an alert so that they receive a notification once the item is back-in-stock. An alert might prompt customers to think about the item again when they had perhaps forgotten about it.

3. Shipping Updates

When it takes several days for products to hit customers’ doors, it might be a good idea to keep them in the loop about the progress of their order. Send a notification each time the order progresses to the next step. It keeps clients patient and it eliminates the need for customers to keep calling to ask about the progress of their order.

4. Price Changes Push Notifications

When a customer fails to purchase an item due to its current price, you can use push notifications to alert them about a price drop in that item. You could also notify them of any promos you might be running on your app.

It’s important to note that push notifications can also be used even when you do not have an app. Notifications can be sent as an advertisement from a browser in the user’s device. To learn more on push notifications and app development, reach out to NS804. We are an app development company with hundreds of applications shipped worldwide.