Is my mobile app idea lucrative?
A commonly asked question is, is my mobile app idea lucrative or feasible? The only best possible way of testing a mobile app idea is testing it on real prospects/users. Create a working prototype of your idea and make it open for real prospects and see if they are interested.
How much time would it take for the app development?
It depends on the complexity of the app, a simple app takes 3-4 months, whereas an app with extensive features may require 6-8 months.
What would be the cost of app development?
Just like time, the cost of app development also depends on developer/team, region (from where you choose your development team or company) type of app, stage of the app (from scratch, MVP, or full-fledged functional app), etc.
How should I raise funds for my app?
Approach venture capitalists or you can go for Angel List sort of websites. Also, there are crowdfunding websites.
How To Get Funding For App Development? Some Useful WaysCan you suggest some app monetization methods?
Freemium model with ads inside or in-app advertisements, paid app, subscription model, partnership model, affiliate marketing, and more.