5 Steps To Your Mobile App Funding

If you already have an mobile app idea in your mind, you are very likely to be eager to get started with it. Aye, you must get it rolling as time to market is very important once you have validated your business concept. A recent report by Technavio found that the mobile app market is expected to grow by $497.09 billion with a CAGR of 21% during the post Covid world 2020-2024. The report suggests that there is a positive impact of Covid-19 on the mobile app market.

Infographics Source: Businesswire

To transform your app idea from paper to an actual mobile app, the best option is likely to be to hire a mobile app development company, unless your best friend is an amazing coder. Be it in-house development or outsourcing, mobile app development is a proposition that requires significant investment. While depending on the app specifics and the feature sets, the cost of mobile app development varies. Generally, the mobile app development cost ranges between $15,000 to $80,000. It can go beyond the higher value depending on the app complexity and features.

Not just the app development cost, there will be many other overheads such as user acquisition and marketing, hiring, and other operational expenses. All of it means that if you do not have a significant amount of funds to self-finance your project, you will instead need to raise capital to build and operate your mobile app. So, how do you go about getting mobile app funding? What are the steps to seek funding for an app?

A general answer to these questions is that you gain mobile app funding the same as you would get funds for any other business or startup. You can raise capital from your business contacts or investors. People need to believe that your app idea can generate ROI (return on investment) and is worth investing in. Some mobile apps raise millions of dollars of capital even before pre-development, whilst others struggle to get investment even once the application is live. However, apps getting million-dollar capital investments usually pitch with a clickable prototype of the app. These prototypes clarify the app idea to the investors by illustrating the app functionalities. Click here to knowhow to build interactive mobile design prototypes.

How to Find Initial Funding For Your App Startup?
Most of the times when people think about raising mobile app funding for their startup, they immediately jump to venture capitalists. It is obvious as “Venture Capital Investments” is a very popular term. Venture capitalists make some of the biggest investments and are seen as the “big fish” in the startup funding world. So, venture capitalists is the obvious option, but what are the other options you can look at?

9 Important Things Matter before purchasing latest technology Mobile Accessories

Mobile is one of the most valuable tools that we use to complete the entire task very easily in our daily life routine. These days we depend on mobile phones for almost every task like calling, shopping, banking, gaming, video chatting, photography, messaging, and many more. Now, cell phone users demand more and more functionality in their devices according to their needs. No doubt, every year, cell phone models are coming with better features and specifications. These cell phones are upgraded with the latest technology software and hardware enhancements.

Following are the Important Tips:

1.Consider the features

You should consider some important points before buying them. There are smartphone accessories like a phone cover, camera lens, Bluetooth, charger, and earphones. While buying any device you should read all the specifications like a battery, camera, processor, display, operating system.

2. Price Drop Websites

Thanks to technology! We can shop online and save a lot of money. There are many online shopping sites where you can buy any mobile accessory. These sites provide different offers on festival occasions and in a periodical manner on their products. Purchasing accessories that you want for a long time, you can compare the prices on different platforms. We can get notifications on the internet whenever the prices of some specific products come down by using a lot of tools.

3. Money

When you select any accessories, you need to be aware of the market’s varied price range. So, you need to set a budget that you can afford to purchase the best selected electronic gadgets. Check all details of the device thoroughly before purchasing. Think about the budget and feature because technology updates in a periodical manner so we need to fulfill our requirements according to the market demands.

4. Quality and Size

These are important aspects while choosing mobile accessories. Features will not be of use if the accessory does not give perfect size, quality, and durability. Before buying make sure that the manufacturer is genuine. Sometimes some accessories cost you very little but the features usually attract customers even these accessories are not branded or trusted. The processing system of cell phones should be good enough so that users will not face any inconvenience.

5. Branded / semi-branded / unbranded

First of all, you have to know that what you are looking for? If you can afford costly accessories then you buy branded products – for example, Apple, Samsung, etc, However, if you limited money then you should purchase products that cost you very little but the features usually attract them like Xiaomi, Oppo, Zebronics, etc would be preferable. But if you want that your product will be durable then you should select branded or semi-branded products.

6.Functionality

Functions enrichment is Important for mobile phone accessories because it helps to enhance the features to meet the daily needs. So, you have to look for the best and advanced accessories if you want to avail the benefits of the best features and functionalities of a cell phone. You can check the function of accessories carefully as you are required to compete for all tasks of your daily life.

7.Warranty

Warranty is an important attribute to remember so that enhancement of your product be assured and will stand the test of time. Cost and quality are usually determined for perfect purchasing the products.

8. User Friendly:

Check user-friendliness, price, and quality of a product that impacts significantly when deciding to buy. For instance, a smartwatch cannot be called smart if it does not have a user-friendly product design and features. A USB pen drive with an additional feature of a key chain holder, adds convenience to carry. Whether it is a basic or an additional feature, a user-friendly product saves time and adds value to money.

9. Watch Unboxing and Demo Videos:

When you are satisfied with your product watch the functions of the product on the demo videos. Videos will help you to get the most accurate details about prices and functions. You can watch and absorb that how you can use your device and the functionality of the product.

Summing-up words

Many products in the market are fancy, sophisticated, and portable. These accessories make our life easy and help us to complete our tasks in our daily life. For better functionalities of a smartphone, we should have compatible mobile accessories. Make sure the product you are buying has a memorable experience. We hope that this information will help you to make a proper decision.

Should Your CRM Focus on Automation Instead of Communication Tools Such as the Dialer App?

How Important Is Sales Automation for an ISO?
If you have an ISO, then the first thing that you need to pay attention to is the segment of your company that you focus on. There are many factors that you need to consider while deciding the current focus of your company. And while choosing a CRM, you also need to consider the future needs of your ISO. The needs that your company has today may differ from the ones that it will have a few months in the future. And one of the segments that most new ISOs do not pay enough attention to is sales automation. Although most of the sales process will require the use of communication tools such as a dialer app, the importance of automation can’t be dismissed. And there are several things that you should consider:

Increase the efficiency of your sales team. New ISOs are not very concerned with efficiency. Especially before the marketing efforts begin to show their miraculous effects. If the number of visitors, leads, and customers of your company is still small now does not mean it will remain the same in the future. Your sales team will have moments when the number of potential clients is very high. And to be prepared for such moments, you need to make sure that your CRM has enough automation incorporated to simplify the sales process and maximize the efficiency of your employees.
Simplify the selling process for your clients. Another thing you must take into consideration is the convenience of your clients. A fast and easy-to-follow sales process will increase the conversion rate from leads to customers enormously. Meaning that your ISO will get a lot more clients that will pay for your services and products. And sales automation will help you do exactly that. It will help your clients save a lot of time.
Acquire essential information and data about your ISO. Some of the features included in the automation provided by a CRM are for metrics and reporting purposes. So, you will be able to find and visualize all the information of your company about the sales efforts and results. There are many uses for this type of information. And main ones being the ability to optimize the sales process of your ISO. And the ability to track your employees and help them evolve and improve their skills.
Are the Benefits Brought by Sales Automation Better Than Those of Communication Features?
The right answer for this question is, it depends. How so? Well, communication tools such as the dialer app can be used for multiple purposes. For example, you can use it in the sales process. But you can also use it for customer service purposes. On the other hand, sales automation features can also be used for multiple purposes. As mentioned above, it will help you increase the conversion rate of your ISO, improve the skills of your employees, and even help you make better decisions for the future of your company. Explaining each purpose one by one is a good method to understand their importance. And only then can you decide from which type of features your company will benefit the most.

Maximize customer satisfaction. Making sure that your clients understand exactly what they receive. And they are satisfied with your offer is essential for the long-term collaboration that you want. But this benefit can be obtained from both automation and communication tools and features. And the rapport can differ from an ISO to another one. What you can be sure of is that you will need both types of features. So, you need to make sure that the CRM that you want to use provides both of them.
Improve the abilities of your sales team. Automation will help your employees save a lot of time. So, they will be able to focus more on the sales process. And the extra experience can make them produce much better results. But communication tools, such as the dialer app, can also bring benefits in this area. A reliable dialer will increase the number of calls that your team makes. SMS communication will diversify the tools of your team, helping your employees adapt to different types of clients.
Increase the growth rate of your company. More clients, higher satisfaction means an increase in both the short and long-term profits. Which can be used to accelerate the growth rate of your company. In conclusion, the best alternative that you have is to find a reliable CRM that can provide features and tools for both automation and communication purposes.
What Should You Expect from a Dialer App Provided by a Reliable CRM?
While looking for a CRM you need to pay attention to what features and tools are you getting. There can be major differences between CRMs. And you do not want to use a CRM that is not able to cover the needs of your company. Keep in mind that sales automation is not the only segment that has massive importance. There are several things that you should expect from the communication tools and features such as the dialer app .

Provide tools for multiple communication channels. An auto dialer is not enough for an ISO. You need to make sure that your CRM provides multiple communication channels. For example, you may need voice mails, and you should not forget about standard mails. Also, SMS communication can be very effective nowadays.
Usage methods for both internal and external use. Another factor that you need to consider is the usage of the tools and features. The communication of your ISO with clients is not the only factor that matters. The internal communication of your team is also very important. And you can use the dialer app for that purpose as well.
Provide metrics and reports that you can consider in your decisions. Lastly, like any other segment of your ISO, you will need reports and metrics about the communication efforts of your company. For example, recording the conversation with the clients can be used both as teaching material for new employees or as a factor that may help you make an important decision.