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How Much Does It Cost To Develop An App Like TikTok?

Succeeding in developing an app like TikTok won’t be an easy feat, but we do have some tips. How Much Does It Cost To Develop An App Like TikTok?

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Why TikTok App is so important

In 2019, TikTok garnered over, a vast, 500 million monthly users, and was named the most downloaded app (2019) with 1.5 billion downloads on the App Store and Google Play combined. So, it’s safe to say this social media platform, that seemingly came out of nowhere, has taken the world by storm. Social media experts all around the world have been astounded by the rate of which TikTok has escalated to the top of the social charts.

Its unprecedented rise has been pinned to it’s dedicated fan base, 41% of which are aged between 16 and 24. It is this fan base that has enabled TikTok to grow so fast, and it is a platform that looks set to continue to grow into 2020. So what’s helped TikTok to become so popular, how can you do the same, and how much would this set you back?

1. Why has TikTok become so Popular?

Firstly, there is a staggering amount of young users on the platform and is probably a key element to their success. As mentioned above, 41% of TikTok’s regular monthly users are between the ages of 16 to 24. TikTok’s unique approach to marketing this app, specifically at the under 18 markets, certainly has paid off. There’s the psychology behind this.

If one young person is sharing a video on the app, other young people will want to be part of the action. This will be ultimately lead to a higher number of downloads and an increase in the name of monthly users. Because it is specifically designed to allow young people to express themselves creatively, be that by lip-syncing, or dancing to a funny video, TikTok has soared in popularity amongst teens and made it the must-have app for many.

Tik Tok App

On top of this, with demand in any demographic, other demographics will get curious. This is certainly what we are seeing more of with TikTok currently. Now the app has conquered Generation Z, TikTok is slowly seeping into the lives of older millennials. If it succeeded in capturing this demographic, TikTok might outshine other social media platforms such as Instagram or Snapchat.

In less than 18 months and the number of adults using TikTok grew an impressive 5.5 times, rising from 2.6 million users in October 2017 to 14.3 million users in March 2019. Talk show hosts such as Jimmy Fallon have been actively encouraging parents to get on board with the TikTok hype by featuring it in shows, and he may have even convinced adults to enjoy using the app on a more regular basis.

2. How do users get the most out of TikTok?

A key element to enjoying and getting the ultimate experience on TikTok is gaining followers. There are several ways you can do this. For example, by posting original content, responding to current trends, or by featuring popular music in the videos you upload. Gaining followers on TikTok can be a time-consuming task, and some users can find this element of the app frustrating. If you are looking for a rapid fast solution to experience TikTok to its fullest, try this service.

3. So how can you develop an app like TikTok?

Succeeding in developing an app like TikTok won’t be an easy feat, but we do have some tips.

a. Cooperate with Team Members

We couldn’t bore you with the details, but it is relatively well known that working well with your team and partners is the key to success. Have a solid, tangible goal, and hopefully share mutual dreams of the project. The creators of TikTok always met together to discuss the progress and worked together to find solutions to any problems.

b. Research Your Target Market

TikTok become so Popular

This is something TikTok massively excelled at, so you should do the same. You need to understand your target market impeccably to be able to make an app that they will love. This might come in the testing stage of initial apps, but it also starts right at the beginning – finding out what is making your target click right now and predicting what will in the future – is key to successful app creation. Adding to this, there is an active target market. Trying to appeal to everyone probably won’t work! Take a leaf out of LinkedIn’s book!

c. Choose the Monetisation Model

Cost per click, cost per mile or cost per action? Lay this out for your advertisers and align it to your app and target market. It’ll make a world of difference.

d. Work towards a Minimum Viable Product

Creating an app is a super long process and one that may seem never-ending once the project has started. The key to keeping momentum up is to work towards a minimum viable product or an MVP in other words. This will also mean you can test to see how the basics of your app are fitting with your target market, and make improvements accordingly.

4. So how much will this all cost?

Is it expensive to develop an app like TikTok? It is thought to create an app that includes all the features that TikTok has would set you back in the region of $150,000 to $250,000. This accounts for the technology behind such features, and the development team you would need to create the app itself. This is only the basic rate, and any additional features you may add (to trump TikTok and smash those download figures out of the park) will need to be costed in. Happy developing!

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Business

4 Supply Chain Strategies for Digital Growth

Organizations generally model their supply chain strategies on their business model and customer demands. Supply Chain Strategies for Digital Growth.

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Run a Better Business With These Key Tips

Business models continue to adapt to today’s digital economy and consumer demand. For new and established companies to succeed, they have to be equipped with suitable supply chain strategies to meet the standards.

Consumers now tend to want and buy products and services quickly with websites and smartphone apps. Setting up and implementing the ideal strategies to control the supply chain will help businesses grow and increase their profit margin.

A comprehensive and effective plan will ensure that a business can smoothly move products through the supply chain. In addition, operations will efficiently function, costs will reduce, and profitability will increase.

Organizations generally model their supply chain strategies on their business model and customer demands. The following are some of the techniques that can help your business grow.

1. Customer-Centricity

This strategy streamlines its focus on the needs and preferences of customers. To ensure a customer-centric strategy, a business owner will have to improve the demand forecasting accuracy. It will enable the said company to prepare the inventory products to meet projected demands.

Businesses can pinpoint in-demand trends and products by using inventory management software that has forecasting abilities. The tool will record data concerning sales and stock. It will then provide real-time reports.

By using this strategy, organizations will be able to improve their financial performance while providing excellent customer service. Regular monitoring of demand will allow business owners to enhance their collaboration with suppliers, which will help in the efficient handling of new inventory.

7 Solid Tips to Strengthen Your Online Business Brand

2. Predictive Business

Setbacks like delayed shipment and machine malfunction will happen at times. However, businesses will be able to prevent most of these issues by quickly attending to them with the help of predictive technology.

By using predictive maintenance, a business can obtain a clear and concise view of its entire operation – including assets, products, and equipment. Insight can also be gained regarding product improvements and cost minimization methods.

3. Intelligent Automation

There’s no denying that businesses, regardless of industry, have embraced the integration of automation. This has been a very effective supply chain management strategy. Automation includes delivery drones, autonomous forklift trucks, and software solutions to streamline warehouse management.

Manufacturing companies maximize their supply chain’s potential by using intelligent automation. This solution utilizes robotic processes, AI, and software engineering practices to automate complex business operations. Manufacturers use this tool to mass-produce consumer-friendly products.

This will undoubtedly boost the revenue and sales of a business. Also, the flexibility automation provides allows companies to manufacture products when they’re needed – instead of manufacturing large quantities at once.

4. Total Visibility

For the supply chain to be managed appropriately, business owners will need complete visibility into every process and its role. Executives will have to monitor the production and delivery of the products. They will also have to regularly assess sales data to determine any future disruption in the supply chain.

With real-time supply chain visibility, management will be able to identify anomalies in the supply chain. They can also make quick adjustments to the production process or inventory to rectify the anomaly. This will go a long way in minimizing risks and spending.

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