Significant Considerations for Entrepreneurs before Social Media App Development

Today almost everyone uses social apps, in this era of the internet. So, do you know how many social media users exist today? In the U.S. alone, there were about 243.6 million users in the year 2018 and there will be approximately 257.4 million users till the year 2023, as per a report generated by Statista, a well-known online search portal for statistics.

These exponentially growing statistics have provoked entrepreneurs all over the world to invest in social media app development. These apps dominate the app usage because they are a great source of good-quality online content and they harness the desire for social validation of the people. Social apps are being used more than gaming or messaging apps. Due to all such reasons, these apps have become a top target for entrepreneurs.

In this article, we will have a look at what the entrepreneurs need to know before they begin with the app development.

Things entrepreneurs need to know about social media app development

Why to go for social media app development?

Today, social media acts as the major medium of communication and so, a large number of people use it all over the world. One single social media app that is attractive, engaging, custom-built and properly branded can make the entrepreneurs touch the sky in a short time. Many entrepreneurs have entered the list of wealthiest persons by investing in a social app. So, investing in these apps can be a smart decision and can ensure a handsome market share.

How should the social app strategy be planned?

Here are a few tested and proven steps for planning a good strategy for social media app development.

Figure out the pain area or the idea behind your social app
Define a purpose about how you want to help your audience target that pain area through your app.
Define your audience and identify their preferences, likes, dislikes, etc.
Build the MVP version of the app and release it to the limited users to know its scope.
Collect feedback from users and work to develop the better version of the app step-by-step instead of all in one go.
Make your social app much richer in terms of user experience.

What are the significant elements of a social app?

For developing an outstanding social app, it is necessary to use the following elements or features in the app. These are mentioned below:

Profile creation/ customization
Clear icons
Newsfeed
Push notifications
Audio/Visual/Video sharing
Text Messaging
Ease of connectivity with contacts from different regions
Liking, sharing, commenting features
High security and privacy of user information
Exit button
Along with these basic features, there are a few other optional elements that will make the app more useful and alluring, as mentioned below:

E-commerce payments
Adding links to other websites
Geo-location integration

Why should there be a social media app for iOS?

There are two major benefits of developing a social app for the iOS platform.

iOS has the second largest number of users after Android. So, there will be a good number of users available if the app is on iOS platform.
iOS has a better conversion rate as compared to Android
So, it is commercially a viable choice to go for social media app for iOS.

How to do marketing of the app?

After developing the app, it is of utmost importance to market the app. First and foremost, the app should be meaningful and useful to the users. Then, integrate the QR code to the business website, emails, business cards, etc. Then plan for advertising on social media, go blogging about the app on top blogging sites and mobile advertising. Social networking platforms like Facebook and Instagram can also be used for monetization purpose. Finally, analyse the most effective marketing strategy and work on the one through which you can gain the best results.

Conclusion:

Social apps were introduced as a medium to express us and connect with friends, but today they have evolved to be a huge platform for the individual as well as business growth. Having a social app helps to target and attract the audience, gain a loyal customer base, ensure brand awareness, and much more. As a result, entrepreneurs are attracted to developing these apps. The above mentioned steps will help entrepreneurs to build a top-quality social app.

There are a plethora of social app development services available in the market. Biz4Solutons is a Texas-based software solution provider having rich experience and expertise in developing engaging social apps for diverse industries. If you want to be the best amongst your competitors, develop a social app with us. Biz4Solutons can be your technical partner and guide you right from the first step of analysing the requirement to the last step of the monetization of the app!

Build Attractive And Unique Ecommerce Stores With Opencart solutions

With the increasing dependence on online shopping, ecommerce owners are always striving towards ensuring optimum client satisfaction. From offering unique shopping experiences to easy checkouts, online merchants keep on trying out new things for their potential consumers. It’s here that they require discovering the best ecommerce solutions. When it comes to integrating shopping carts, ecommerce store owners look for the most effective and functional solutions.
With multi-functionality, flexibility, and intuitive features, OpenCart emerges as one of the best ecommerce solutions. Although it is comparatively a new ecommerce platform, OpenCart has gained massive popularity in the tech arena.
Successful Opencart development will depend on the expertise and efficiency of the developer. Hence, it’s highly essential to associate with leading companies offering the best Opencart Development Services. Before you invest in the project, take a look at the benefits offered by OpenCart.
1. Simplicity in store setup
With OpenCart solutions, both proficient and new developers will have the opportunity to build ecommerce stores. The simple setup features are highly beneficial for inexperienced store designers. Even if they are not tech-savvy, OpenCart will grant them the best opportunity to set up their own stores in a few simple steps.
Installing OpenCart
Choosing an appropriate theme
Adding product details
Configuring functions such as shipment, payment methods, and others
By following these crucial steps, both skilled and new developers will successfully create feature-rich ecommerce stores.
2. Usability and Performance
While shopping online, customers will surely wish to perform speedy operations. Built using the Ajax technology, OpenCart ensures increased site speed along with reduced loading times. That’s not all; OpenCart also delivers amazing performances with features such as one-page checkout, simple navigation, and smart store structure.
All you have to do is associate with the leading Web Design Companies In Dubai offering Opencart Development Services. With their efficient assistance, you can tap into the benefits offered by the platform.
3. Diverse store functionality
With OpenCart, ecommerce owners can setup multiple stores. If you are operating in both the retail and wholesale sectors, this particular platform will turn out to be highly beneficial. You can create distinctive customer groups along with setting default language and currency options for each of them.
However, none other than highly skilled and proficient OpenCart experts working with leading web development companies will have the desired expertise to work with OpenCart.
Why choose the leading service providers?
If you wish to ensure a unique, amazing, and smooth shopping experience for your customers, choosing the most reliable and qualified OpenCart developers will be the best thing to do. With years of professional experience, these experts will offer the best support.
Check out some of the reasons for associating with pioneering OpenCart development companies.
I. Profound expertise and knowledge
In-depth knowledge and profound technical expertise about OpenCart is one of the prime benefits of associating with leading web developers. With targeted information and complete knowledge about this unique ecommerce solution, highly efficient developers will integrate all the intricate features of OpenCart.
II. Timely deliveries
Every entrepreneur will want his store to be developed within the shortest span. With access to targeted tech resources and the desired expertise, the most efficient developers will deliver projects within time.
You can now launch your ecommerce store and offer unique shopping experiences to customers.
III. Customized services
If you wish to add special features or integrate amazing functionalities to your ecommerce store, the leading web development companies will make that happen for you. With in-depth knowledge about OpenCart, they can offer customized services too.
Final thoughts
Opencart is undoubtedly one of the greatest platforms for ecommerce. If you wish to leverage the benefits of the platform, get in touch with top web designers in Dubai.

Upstox vs Zerodha vs Groww: Compare them!!

Comparing brokers is very important while choosing your stockbroker. Upstox, Zerodha, and Groww are some of those stockbrokers that are always on the top of the list. Moreover, in this article, we have explained each of them in brief with a comparison. But first, you need to know some factors to make your decision better. There are several factors that you need to consider before choosing your stockbroker:

Brokerage
The most important factor for your consideration should be brokerage that is taken by the broker. Moreover, lower the better but never compromise with the quality. The brokerage should be compared as per the similar facilities provided. A proper analysis should be done rather than having an opportunity cost after the wrong decision.

App Interface
The user interface plays an important role in finding the right stockbroker. Additionally, a poor interface can create a lot of problems, and every second matter while trading. You cannot afford to even waste a second in trying to fix technical issues. So select a broker with the best app interface that makes your process faster and easier.

Purpose of investment
You should know the purpose of the investment you need a stockbroker for. Moreover, figure if it is for short-term or intraday, medium-term or long-term investors. Knowing the purpose will make you one step closer to the decision for the choice of the stockbroker.

What is Upstox?
Upstox is a trading platform that is offered by the RKSV which is a type of discount broker. It is a very popular platform that offers trading services at MCX, BSE, and MSE. Moreover, services like trading on commodity, equity, and currency derivatives. It is built on an Omnysis Nest Order Management system (OMS). Additionally, the customers can have its free app for smooth trading.

It provides low-cost brokering services that provide opportunities at amazing prices. In addition to that the trading account and Equity delivery are free of cost. Upstox is a safe, trusted, and legit broker that is based in Mumbai.

What is Zerodha?
Zerodha is a Broking platform that is the top broker in India. The most attractive part of using Zerodha is its low charges and accurate services. Moreover, it is a financial services company in India that is a member of NSE, MCX, and BSE. Furthermore, it was founded back in the year 2010 and since then it has been a helpful broker. It is a discount broker that provides online trading services to its customers that are of satisfactory levels. Moreover, it uses the best technology to serve its clients.

What is Groww?
Like Upstox and Zerodha, Groww is also an India-based platform for online Investment. In addition to that Groww allows its customers to open an e-account for transacting in stocks and mutual funds. Investing in mutual funds is very safe and easy on Groww. All the personal and sensitive information is encrypted to protect your privacy. Moreover, every transaction by Groww is done via BSE from and to AMC.

Comparison between Upstox, Zerodha, and Groww
Here is a detailed comparison of Upstox vs Zerodha vs Groww that will help you for better decision and analysis.

Head points

Groww

Upstox

Zerodha

Account Opening Charges:

The one-time charge for an Opening trading account and Demat account.

It is Rs. 0 on Groww. (Limited Period Offer of Rs. 200)

Rs. 0

For trades in F&O, Currency and Equity: Rs. 200 and Rs. 300 if any commodity added

Account maintenance Charges (AMC):

Charged to manage your account

Rs. 75 plus GST that is charged quarterly. (Rs. 300 per Year)

Rs. 150 per year plus GST

Equity Delivery:

Rs. 0

Equity Intraday:

0.03% or Rs.20 per executed order, whichever is less

Transaction Charges:

Charged by the stock exchange for trading

0.00325% by NSE and 0.003% by BSE for every order (both buy and sell)

0.00325% by NSE for both buy and sell, BSE charges vary according to the scrip group

It is the same for delivery and intraday.

NSE: 0.00325%

BSE: 0.003%

Brokerage:

Charged by the broker in order to execute the order (both buy and sell)

Equity Delivery:

Rs. 0

Equity Intraday: 0.05% of the turnover, (maximum Rs. 20) per order executed.

Equity Delivery:

Rs. 0

Equity Intraday: 0.05% or Rs. 20 per executed order whichever is less

Equity Delivery:

Rs. 0

Equity Intraday:

0.03% or Rs.20 per executed order, whichever is less

Commodities/ Securities Transaction Tax:

It is charged by the government when you transact over the exchange

Equity Delivery:

0.1% of the order amount

Equity Intraday:

0.025% of the order amount

Delivery:

0.1% on buy and sell

Intraday:

0.025% on sell only

Delivery:

0.1% on buy and sell

Intraday:

0.025% on sell only

Payment Gateway Charges:

Charged to deposit money

Rs. 0

None

Rs. 9 Plus GST

Stamp Duty:

Charged by the government for contract note as stamp duty

Different for each state, the Maximum is 0.018%

0.015% on the buy

0.015% on buy or Rs.1500 per crore on buy

Depository Participant Charges:

Charged by the Depository participants for debiting the stock from Demat account

Buy Order:

No Charges

Sell Order:

Rs. 8 + Rs. 5.50+ GST per ISIN per day on the Groww platform irrespective of the quantity sold.

Delivery: Rs. Rs. 18.5/ scrip per day that is only on sell.

Intraday:

No Charges

Rs. 13.5 + GST per scrip is debited on that day from the trading account when sell take place.

GST

18% whenever applicable

18% (on transaction + demat charges + brokerage)

18% (on transaction charges + brokerage)

Clearing Charges

Zero

None

0.0002% on turnover

Conclusion
We have discussed some factors like purpose of investment, brokerage, app interface, etc that can help you for a better selection of stockbroker. All three (that is Upstox, Zerodha, and Groww) stockbrokers were explained in brief that will give a clear idea about the background. Moreover, the comparison table that is provided almost covers every point for comparison. Now choose the stockbroker that suits best according to your requirements and with the best features.