On-Demand Business Models: Your Catalyst to Start-Up Growth
In the dynamic business landscape, on-demand business models have emerged as a game-changer for start-ups, revolutionizi [...]
Before starting the blog, let’s get back to the 90s. It was the time when men or women used to visit coffee shops and bars to find their dates. It was hard to engage with a person and start a conversation without knowing a little about them.
But in 2012, the modern dating era took place. It has eliminated the traditional dating method completely and has established online methods to reach new people. With an app like Tinder, people can easily find their partner based on their preferences like gender, love, and what kind of relationship they want to bond.
Nowadays, dating apps are helping millions of single people find their partner in a few minutes. It has become more advanced than before. With modern dating apps, these apps are not just limited to finding people, but have brought lots of features that help a person know about their partner more specifically before sending a connection request.
With the rising demand for dating apps like Hinge, Bumble, and Tinder, businesses have started investing in creating dating apps. So, due to the rise in competition, it is hard to find a specific cost to make a dating app.
But you don’t have to worry; in this blog, we have covered the overall cost to build a dating app with every development factor, cost-effectiveness, and business benefits. Resume reading till the end and explore the right cost to get started with a dating app.
The starting cost to get a dating app starts from $30,000. The shown amount can increase and decrease depending on several factors like the complexity of the app, paid API integrations, and design complexity.
You can avail a full stack dating app in 1-2 weeks. The time for complete development can be affected by number of workforce, availability of resources, and custom features.
Now, let’s discuss some factors included in the cost of developing a dating app with some breakdowns.
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Every region has its own monetary terms for developing a dating app. It differs over factors like current exchange rates and the economic condition of the region. So, let’s understand the breakdown:
|North America||$65 - $120|
|Europe||$55 - $95|
|Gulf||$45 - $85|
|India||$25 - $60|
As you can see, the hourly prices of America and India are quite different. But this does not mean that India will make you a low-quality dating app. Although the price of each region is different, the expertise and technical knowledge required to make the app is the same. Whether you choose a dating app from the US or India, there is a dating app that will work exactly as you need it to.
An application is built by connecting different paths. These paths have their own vital role play which falls under an amount. Explore them:
|App design||$10,000 - $20,000|
|Outsource software||$30,000 - $50,000|
|Deployment cost||$10,000 - $15,000|
|Maintenance cost||$1,500 - $4,000|
|Project manager (hourly cost)||$40 - $60|
|QA & Testing||$4,000 - $8,000|
The size of a company can hit the accumulated development cost-effectively. However, the increase in the company’s size decreases its cost-efficiency. Let’s know more about what type of company needs to be chosen for dating app development:
|Company Size||Team Strength||Cost|
|Small Size||50-100||$15,000 - $25,000|
|Medium Size||200-1000||$30,000 - $60,000|
|Large Size||1000-10,000||$80,000 - $1,20,000|
As you can see, the company’s size and estimated team count significantly impact the dating app development cost.
Our consultants acquired absolute knowledge of cost-effectiveness for creating a dating app.
Yes, the app size you are looking for matters when determining the overall cost. The size of your dating app depends on the target region and business model you are choosing. If you have planned your business to expand out of boundaries, a large app is recommended. For this, there could be a hike in overall app development costs. For a proper understanding, observe it from the mentioned table below:
|Small Size App||$12,000 - $19,000|
|Medium Size App||$22,000 - $28,000|
|First-Grade App||$30,000 - $50,000|
As technology is renewing day by day, it has brought contemporary types of dating apps that automate several actions. Let’s explore them in-depth:
A geo-location matching-enabled dating app finds a nearby person based on the user’s physical proximity. This method uses matching techniques by analyzing the inputs provided by the user. It informs when a matching person has entered or is available in their zone. Users can connect with them directly without searching.
It is a machine learning algorithm that helps users to find their desired partner easily. It asks questions about what type of relationship or partner a user wants to find and matches across other user’s profiles. Such dating apps provide limited matches but accurate people that fit with the user’s preferences.
A traditional matching-based dating app shows a catalog of different people based on the preferences of the user. In order to connect with a specific profile, users have to send a request. When the recipient accepts the match or friend request, then it is considered a successful match.
Niche dating lets connect people with a community who have similar lifestyles, passions, knowledge, and interests. These types of dating apps are helpful for those people who want a bunch of professional people, travelers or back-packers, or experts in any field.
Now, let's talk about some dating features that are to have on the app. Having additional features requires extra tech stack, framework integrations, and changes in code structures, which can expand the dating app development cost. Let’s explore some top features:
With the help of a preference filter, users can choose the type of person they want to match their profile. Filters like gender, range, body type, skin color, interest, political preview, smoking, alcohol, etc.
This feature helps users to link their social media accounts with the app. It will inform their social media friends and encourage them to join the app. It can also help business owners to increase customer engagement.
The profile verification feature helps with safety measures. It aids users to trust the matched partner. A star label or blue tick becomes visible when a user verifies their profile.
When a successful match from both sides, users can connect with chat, voice, and video calls easily. This feature will remain disabled until the match request is accepted from both sides.
The swiping feature helps users to send match requests according to their search preferences. On swiping right on a profile, it means the user is sending a like or match request while swiping left means the user is rejecting the profile. When both users swipe right on each other’s profile, they match and become eligible to exchange messages.
Even if the match is made, it can be tough for a person to start a conversation. To solve it, the icebreaker feature offers snippets of interesting questions in the chatbox to start a conversation. It can be an effective feature for introverted users.
The AI chatbot is not just there to help users with their queries, but it can also suggest starting a smart conversation with a matched partner. It can also help in suggesting some amusing topics to start a conversation, insights on the profile, things to change to boost reach, and many more settings.
Users can make necessary changes to their profile with a profile performance checker. This feature detects errors in profile creation and shows a dashboard along with improvement suggestions. With the help of this feature, users can make their profile 100% ready to find their date.
The geolocation feature helps a user to locate the nearest friend in the selected radius. They can easily match and connect with the person by clicking on them. If a user spots a person in their determined range, there is a probability of a high match between them.
Every feature has its own complexity to develop. And that’s why a new factor that can affect the cost to make a dating app occurs. Let’s explore it with a table:
|Basic Level Complexity||$10,000 - $20,000|
|Average Level Complexity||$25,000 - $50,000|
|Advance Level Complexity||$70,000 - $1,00,000|
Looking to create a cutting-edge dating app without breaking the bank? We offer affordable solutions tailored to your budget and requirements.
The revenue model for an online dating app decides the income flow in the business. With the right revenue and business model, you can have a huge ROI. So, let’s explore some ways of making a model for your dating app:
This revenue model lets you connect with other organizations and industries and post their advertisement on your dating app. You will be earning an income on the basis of pay-per-view, pay-per-click, and cost-per-click on the ad.
Classic but effective, you can offer a subscription plan for users to avail exclusive features like priority view, super likes, unlimited likes, and boost profile. Users have to pay every time to avail of these features once the trial period expires.
Virtual gifts in the dating app are an effective way to interact with the matching partner. These are 3D icons that reflect on priority when the recipient opens the application. Users can send cups, cars, hearts, handshakes, and other items as a gift. These items can be available by paying a tiny amount whenever a user wishes to send them. It helps increase user’s interaction with their partner and revenue in business.
Another revenue model that allows you to connect with companies and share their products on your app. Regarding a dating app, you can connect with some companies that sell couple-related goods like heart pillows, customized mugs, chocolate, and so forth. On each successful sale, you will be entitled to a commission.
The devices and platforms directly influence the cost of developing a dating app it will support. The cost can be determined by the number of platforms, operating systems, and outsourcing. Let’s take a look at the breakdown:
After all of these configurations, there are still some elements that play a vital role while deciding the cost. Here is the list:
Many business owners don’t want to make extra efforts to market their applications themselves. App marketing is an exclusive stage apart from development. In this process, a professional staff is assigned to use their tactics to reach the targeted audience easily. This process is done under the supervision of the client.
The estimated cost for marketing ranges from $1,000 - $5,000.
A dating app must consist of lots of animations to make a user engaged with the app. That’s where any external animation library or frameworks are required to complete the task. Custom animations for dating app interfaces often require additional resources and can increase development costs due to the use of CGI technology.
The cost range for animations varies from $1,800 - $3,000.
Hyperlocal Cloud is a leading on-demand app development company in New York. We have 13+ years of experience catering to on-demand industries' needs and helping companies digitize their business. Our 150+ expert staff are scholars of the latest technologies who can help achieve a dating app under budget. We have served 1250+ clients worldwide, making us one of the best companies in the USA for on-demand apps. Connect with us today and start developing a dating app.