How to Search for App Competitors and Ensure Your Idea is Better
Now that you’ve done some initial research to validate that there’s a market for your app idea with strong potential to build a business, it’s time...
2 min read
Written by Laura MacPherson, Apr 19, 2018
If you have a great idea for an app, you’re probably excited and ready to start building it. Not to kill the vibe, but keep in mind that there are over 2.1 million apps in the Apple App Store and 3.5 million in the Google Play Store. Even if your idea is amazing, it won’t be easy to stand out from the crowd. You should ask yourself these questions before building an app to make sure your idea has the best possible chance of success.
For an app to be successful, it needs to be downloaded and used by a lot of people. The exact number you need will vary depending on your revenue model, but you should do some research to find out how widespread the need is for an app like yours. Check Google to see how many searches are being entered on terms related to the problem your app will solve. Look in social media groups and online forums to see how many people are discussing the problem.
Successful apps are used on a regular basis. If your customers download your app only to delete it a few weeks later to free up storage space, you’ll be continually scrambling to attract new users. Consider incorporating techniques from behavioral psychology to keep users engaged. The more techniques you use strategically, the easier it will be to hook users into habitual usage.
With the almost-unfathomable number of apps already in existence, you’ll want search for apps similar to the one you’re imagining and do a little reconnaissance to see what they do well and what they lack. If you can offer a solution that isn’t already being provided or do it in a significantly better way, you’ll find success more quickly.
Although advertising is a popular monetization strategy, it certainly isn’t the only way to earn money. And depending on the nature of your app, ads may actually discourage people from downloading it. Here are a few other ways to earn revenue:
Processes that work while you only have a hundred users won’t work so well when you reach ten thousand. You’ll want to automate as many processes as you can and streamline those that you can’t. Plan ahead so you’re not caught by surprise — and end up with negative reviews from users who ran into problems. Consider policies and procedures, what tools you’ll use, and at what points you’ll need to hire additional team members.
“If you build it, they will come” couldn’t be further from the truth. What’s your plan to get the word out about your app? How will the people in your target market find the app? Your marketing tactics will change over time, but it’s important to have a strategy to start with. Entire curriculums have been written about marketing, so we can’t cover the essentials here. But it’s important to give this question attention. Start by researching your target audience to get a full understanding of them. You may consider optimizing your website to appear in Google’s search results, using influencer marketing, creating partnerships with other products that serve the same market, pitching the media, and running ads on social media.
Planning and building a new app is an exciting adventure. By creating a roadmap to guide you on the journey, you’ll make the ride smoother and more enjoyable.
Have an app idea you’d like to discuss? We’ll help you think through your business strategy as well as the technical considerations. Get in touch!
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