App-Based Startups Are Really Dominating
Why Apps Based Startups are on the Top List of Successful Startups?
Well, Answer is Simple its simple electronic gadgets with the most advanced features of the Internet, Gps, Connectivity, Camera, User Accessibility, and Handy. It Not Only and Gadgets its just an Electronic IoT Smart Device with all sensors like accelerometer,gyrometer, vibration,sound, mic, speakers, etc which makes its most powerful performing platform which makes Startups succeeding
Just a Small PC aka Pocket Computer
Top Industries in App Culture
- Fintech
- Ecommerce
- Entertainment
- Business Tools
- Social Apps
- Logistics
How App Businesses Earns:
There are some ways of earnings that is:
(I) In app advertising: It allows advertiser’s to reach consumers with pinpoint accuracy.Eg Google and FB ads Running on Apps
(II) In-app purchase: In-app purchase, you can collaborate with some apps & buy additional services or content within the app.
(III) Data Monetization: It refers to the process of using data to obtain measurable economic benefits. This is also used to measure business performance improvements etc.
(IV) Sponsorships: To Advertise and promote there services they sponsored your app
(V) E-mail Marketing: If you want to promote your app then you can use email marketing by sending messages related to your app up-gradation for users or potential users. The purpose of email marketing is to increase the number of subscribers on your page or app.
Annual Revenue of some popular apps:
1.) Uber: Uber was launched in 2013 in India. In the first year, the annual revenue of the uber company was about $25 Million. In 2015 it was more than $500 Millions. In 2020 due to covid-19 it still expected an adjusted loss of $1.25 Billion to $1.45 Billion.
2.) Zomato: Zomato is one of the popular mobile app, established in 2015 in India. The annual revenue was 6.11 Billions Indian rupees. In 2017 it was increased upto 7.24 Billions. In 2020 Zomato also suffered in loss upto 6% so the annual revenue is $293 Billions.
3.) Facebook: In 21st century everybody knows Facebook app & use in their daily routine. Facebook established in 2005. The annual revenue of facebook in 2005 is just $9 millions after one year it was increased their annual revenue more than thrice that is $48 millions. In this year the annual revenue of facebook is $70, 697 millions.
4.) Twitter: Now a days twitter also one of the popular social media app. Twitter was established in 2013 in India. In first year their annual revenue is $114.5 millions. In last year twitter earned $345.9 millions & in this year the annual revenue of twitter is increased upto 37% that is $936.23 millions.
5.) Amazon India: Amazon India was established in 2013. The annual revenue in 2013 was $74.45 billions. In 2019 it was increased upto $280, 52 billions & in 2020 Amazon earned $1037,92 billions.
About Company: Borgfy is a Delhi-based company founded in 2021. We are helping SMEs and Startups build their vision. Borgfy is helping to create MVP at a low cost with the best quality than others. We also develop hybrid mobile apps, custom, IoT solutions, hardware prototyping, AI solutions for enterprises. We are the best mobile development company for startups.
if you need any help inbox me abdul@borgfy.com
