There are millions of creative ideas that people have in their mind but due to scarcity of resources, they often get buried with time. Especially, when it comes to launching an app, you must plan for getting a good investor for your amazing idea to give it a digital form. Nearly 3739 apps are uploaded daily on the Google Play Store and almost the same figure is for Apple store also (slightly different).
Tricks to Attract Investors for your app-
Whether it is Android or iOS app development project, you will need some amount that you can pay to development agencies so that they can use best of their expertise to deliver you the desired quality and functionalities in your app. So, why an investor would be interested in your app idea and how you can approach them, this blog will offer valuable insights on this aspect.
Explore Your Forte
The first question that must arise in your mind is, “Are you sure that there is a demand for your app idea in the market?” The answer will be a deciding factor for any investor to invest in your app development project. To attract investors for your app, you must make sure that people need it badly. Always keep in mind that there is an app for almost everything that we do in our day-to-day lives, hence, make this decision wisely and keep your app’s features and functionalities unique to draw investors’ attention towards your project. Think of that “X-factor” that you think can make your app distinct from your competitors and implement it in the best possible way to enthrall your users.
Originality Must be There
Remember that investors are never interested to dig deep into an app development project that is a copied idea or a clone of some popular app. For an example, if you are going to launch a taxi app, there are millions of taxi apps available on the app stores but offering some distinct features and unique designs can be a promising note to go for it. Moreover, the UI/UX part will also play a crucial role in deciding the worth of your app. To put it in a nutshell, you have to convince your investor on some unique factor that only your app can deliver and is absolutely fresh concept to that particular thing. The rest will be taken care by the mobile app development company in Dubai that you will hire to develop your app.
It Must Be Interactive
One primary requirement for an app to succeed is that it must be an interactive mobile app that perfectly engages users in what they are looking for. Apart from exceptional UI designs, the UX part (user experience) must also be well framed so that users feel comfortable to navigate through it. Make sure that you are developing a problem-solving app instead of problem-rising mobile app that users often uninstall once they find it monotonous and confusing. Look for some creative navigational aspects and unique designs that users can cherish after downloading and while using your app.
Develop a Comprehensive Elevator Pitch
You must be wondering what this elevator pitch is, so you don’t need to ponder a lot! An elevator pitch is a kind of statement or description that perfectly explains your idea behind the app development and how it is going to benefit users. Investors are busy people and you will not have much time to impress them.A comprehensive and precise elevator pitch can help you a lot to grab investors’ attention towards your project. Describing the core competencies of your app within 30 seconds will be quite crucial for hooking up investors and listen to your idea and discuss it in detail. So, make the best use of your first presentation by including all relevant and crucial components of your app idea and functionalities as well.
Create an MVP
MVP stands for Minimum Viable Product that simply reflects your app idea and the concept how you are going to approach your target audience and how you will convince them through your app. Creating an MVP demo will make your app more tangible and will also expresses how serious you are regarding your app idea and the core functionalities of your app. Moreover, the primary target of creating an MVP is to attract investors for your app. Hence, you must focus n this crucial aspect thoughtfully and diligently.
To be very honest, investors often look for this aspect before making an investment in any project or app idea. It’s really a challenging task to attract investors for your app.
They will judge you on your mindset and foresightedness just to ensure their role in the coming time. You have to be very tactful here. Neither you can be stubborn nor so lenient regarding anything that investors want to change in your idea or hiring any social networking app development company in UAE. They will just look for their worth and your anticipation regarding their role. You can’t get funded by the government for your app idea, hence, you have to convince investors by adopting a flexible approach to assure them that you are going to be a promising entrepreneur in the coming time.
Getting investors for an app development project is a hard nut to crack and of course the most inevitable part of your app development process. You just need to focus on these key factors and work in detail on all. We assure you that once you work upon them carefully and intuitively, you will surely get investors for your app development project.