Are you ready to develop an event management app?
Event management has become an important part of the economy, in the current era. The market value of the event industry worldwide was worth 890 billion U.S. dollars in the year 2020 and is expected to increase by 2,194 billion U.S. dollars by the year 2028.
Hence, it is the right time to invest in the app. But, the question is “How much does it cost to develop an Event Management App?”
Let’s find out it together, within this blog.
The Average Cost to Build an Event Management App
How Much Does It Cost to Make an Event Management App?
The estimated cost to develop an event app can range from $2,000 to $65,000.
This cost is impacted by different factors such as the development approach used by the team, complexity, and features.
You can connect with a development team, to know the actual cost to develop a mobile app.
Let’s study the factors impacting the developing cost of an event management app, in the next section.
What are the Factors Impacting Cost to Build an Event Management App?
Now, as you are aware of the range estimation, it is essential to look forward to the factors impacting the overall cost to build an event management app.
Here is the list of factors to check out.
1. Size and Complexity
The simple apps with the classic functions can cost you low and vice-versa. Additionally, the features’ complexity does impact the cost of developing an event management platform.
The basic app can cost you from $2,000 to $10,000, however, an advanced app can cost you from $30,000 to $65,000.
Here is the table to check out its related features and costs.
| Size/Complexity | Features Included | Estimated Cost |
| Small/Basic | Basic event listing, simple user interface, RSVP | $2,000 – $10,000 |
| Medium/Moderate | Event scheduling, attendee management, payment integration | $10,000 – $30,000 |
| Large/Advanced | Custom branding, analytics dashboard, real-time notifications, multi-platform support | $30,000 – $65,000 |
2. User Experience and Design
The type of UI/UX design, you want to include within the event app can impact the complete cost. Here, custom designs, interactive elements along animations may result in increasing the average cost to create an event management app.
A well-designed user interface and an intuitive user interface can affect the complete development cost.
Here is the list to identify UI/UX design cost.
| Design Level | Design Features Included | Estimated Design Cost |
| Basic Design | Simple UI, standard templates, basic color schemes | $2,000 – $5,000 |
| Intermediate Design | Custom UI/UX, unique branding elements, responsive design | $5,000 – $10,000 |
| Advanced/High-End Design | Fully customized UI/UX, complex animations, high-end graphics, extensive user testing | $10,000 – $15,000 |
3. App Compatibility
The platform and design compatibility of the app’s functioning across different platforms as well as devices can result in increasing the complete costs.
You can hire Android app developers to develop Android applications as well as to understand their compatibility across the platforms.
Additionally, hiring iOS app developers can help in looking forward to the application that can increase your brand potential. You can check out the table below.
| Compatibility Level | Platforms Supported | Estimated Cost |
| Single Platform | Android or iOS | $2,000 – $7,000 |
| Cross-Platform (Hybrid) | Android and iOS (shared codebase) | $7,000 – $15,000 |
| Native Multi-Platform | Separate Android and iOS versions | $15,000 – $20,000 |
4. Tech Stack
The tech stack is one of the factors that impact the complete cost of building an event management app. This is a one-time investment and comprises regular updates as well as support.
Change within the technology can reduce a firm’s cost of production by increasing the efficiency as well as productivity of the app.
You need to look for programming languages, frameworks, operating systems, and scalability to measure the actual cost of event app development.
| Tech Stack | Description | Estimated Cost |
| Basic Tech Stack | Simple backend (e.g., PHP, MySQL), basic frontend (e.g., HTML, CSS) | $2,000 – $10,000 |
| Intermediate Tech Stack | More robust backend (e.g., Node.js, Python), modern frontend frameworks (e.g., React, Angular) | $10,000 – $25,000 |
| Advanced Tech Stack | Scalable backend (e.g., AWS, microservices architecture), cutting-edge frontend (e.g., React Native, Flutter), advanced integrations (e.g., AI, real-time data) | $25,000 – $35,000 |
5. Development Team
You need to hire a mobile app developers, who can help you in building it in your way. Here two factors play an important role comprising of location and expertise of the developers.
Experts belonging to different regions with high expertise can cost you more compared to hiring developers from low-living cost regions.
You can check out the given table here related to the cost to hire developers.
| Factor | Description | Estimated Cost |
| Location | Offshore (e.g., India, Eastern Europe) | $2,000 – $20,000 |
| Onshore (e.g., USA, Western Europe) | $20,000 – $50,000 | |
| Expertise | Junior Developers (1-3 years experience) | $2,000 – $15,000 |
| Senior Developers (5+ years experience, specialized skills) | $30,000 – $65,000 |
These were some of the common factors to be considered while deciding the cost of building an Event App
Now, that you are aware of the cost and its related factors, what about the strategies to minimize it?
Yes, it sounds great to have a list of strategies that can help you reduce the event management app development cost, right?
Let’s check the next section.
Common Strategies to Minimize Cost to Develop an Event Management App
Identifying the strategies that can minimize the cost to build an event app can help to save it for other uses.
Here is the list of strategies, to look forward to.
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Prioritizing MVP Development
Avoiding Minimal Value Product (MVP) can become the last mistake during app development. It is a type of product with significant features to grasp the attention of early users.
This strategy can help to minimize the event app development cost by prioritizing the features and outsourcing the process.
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Outsourcing Development Process
Outsourcing the app development process is a key to minimizing the cost to make an event app because it will cost you less to outsource rather than being in the procedure of recruiting developers permanently.
The company can scale its development teams based on the project requirements through outsourcing the process.
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Cross-Platform App Development
It is better to consider cross-platform app development, rather than single-platform because it can cost double while you go for the second platform later.
Developing apps for both platforms can seem to cost high at first.. but in the long run, it may act as a savage for your business.
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Maintaining UI/UX Simplicity
A clustered app design will result in frustration and loss of users. On the other hand, a simple UI/UX with minimalistic features can save the complete event app development cost.
Simple and amazing design can engage the users in the long run. It can help them to know about the app and its features in one go.
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Regular Testing of the App
Regular mobile app testing is an important procedure that can cover the cost to create an event app. It is one of the great ways to identify bugs prior they can create issues for the users.
You can prevent long and costly fixes by testing the app timely. It will assist to reduce the risk of quality issues that users might face in the future.
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Use of Agile Methodologies
You can embrace agile development principles and frameworks that can help to bring flexibility, responsiveness as well as an ability to capture market demands.
The use of agile methodologies can assist in minimizing long-term expenses by ensuring that time and resources are allocated to the high-impact features that will drive app success.
These were some of the common strategies, that you can implement for reducing the online event app development cost estimation.
Now, it’s time to learn about the top models that can be used to earn money from your investments in event app development.
A List of Monetization Models to Earn Money from Event Management App
App monetization models are the ultimate consideration to earn money from investments.
Here is the list to consider monetization framework to cover the cost to develop an event management app.
♦ In-App Purchase Model
Under this model, the basic features of the app are considered free, while the users are charged for availing of certain premium features in the dating app.
This model can assist the users in making purchases with the help of real money and can avail the additional services whenever they wish.
♦ Advertising
Advertising can become your prime source of income, where you can provide a place in the event app to other businesses and brands for marketing.
You can charge the businesses to provide them space to advertise their brands. Here the publisher can reach their target audience and you can charge an additional fee.
♦ Crowdfunding
It is one of the important ways to inject funds within a venture. This monetization model can act as an efficient source at the start of the app.
Additionally, if the crowdfunding process is held right, then the app developer’s monetization strategies can match with a few others.
♦ Data Monetization
Data monetization strategy is efficient and relevant, only when you can get permission from the users to utilize the data from monetization.
Under this method, you can sell data to third parties and may use it internally to improve processes and functions.
♦ In-App Subscriptions
In-app subscriptions are a special kind of monetization, where a fixed amount is paid by the user every month or week for availing of the service.
This fixed amount can become an important income source for you. It can work in two forms such as auto-renewable subscriptions and renewable subscriptions.
♦ Affiliate Marketing
Affiliate marketing is a type of arrangement where marketers receive a commission for each visit. Here affiliates perform marketing on behalf of a merchant in order to drive traffic.
This can be an effective way to earn money through hiring affiliates for your app. It can also help in performing mobile app marketing to gain target users.
These were some of the common areas that you can explore for earning money and to recover the building cost of an event management app.
Now, if you are still puzzled about estimating the actual cost figure, you should connect with an experienced company.
How Nimble AppGenie Can Help to Develop an Event Management App?
Are you looking for a company that can avail benefits related to cost-efficiency, and is experienced enough to carry your dream app?
Nimble AppGenie can assist you in this journey. Our expert panel can help you develop and design an app that can stand out competition.
We are the best Event Management App Development Company that can discover new app solutions that help your app reach new areas within the market.
Our developers are well aware of the event management trends that can help you discover and reach the target audience effectively.
Conclusion
The cost to develop an event management app can be impacted by several factors such as complexity, size, design, compatibility, and selection of a team. A higher size of an app can result in more cost and vice-versa. Similarly goes with the design and tech stack of an app. However, for platform compatibility, it is good to have cross-platform for your app. It can help in the long run.
Additionally, you can minimize the complete cost by prioritizing MVP, maintaining UI/UX, using agile methodologies, and regular testing. Different monetization models can help you to cover the development cost of an event management app. Such as crowdfunding, advertising, data monetization, etc.
FAQs
The cost to build an event management app can range from $2,000 to $65,000. This estimate depends on various factors such as app size, complexity, design, and the tech stack used.
Several factors influence the cost, including the size and complexity of the app, the user experience and design, app compatibility across platforms, the tech stack used, and the expertise and location of the development team.
App design can significantly affect development costs. A basic design might cost between $2,000 and $5,000, while an advanced, high-end design with custom UI/UX, animations, and graphics can range from $10,000 to $15,000.
The location of the development team plays a crucial role in cost. Hiring an offshore team (e.g., from India or Eastern Europe) may cost between $2,000 and $20,000, whereas hiring an onshore team (e.g., from the USA or Western Europe) can range from $20,000 to $50,000.
Cross-platform compatibility ensures that your app works on both Android and iOS, which can increase your app’s reach and usability. Developing a cross-platform app can cost between $7,000 and $15,000, but it offers long-term savings compared to developing separate apps for each platform.
The choice of tech stack impacts both the initial development cost and long-term scalability. A basic tech stack might cost $2,000 to $10,000, while a more advanced stack with features like AI and real-time data processing can range from $25,000 to $35,000.
To minimize costs, you can prioritize MVP (Minimal Viable Product) development, consider outsourcing, opt for cross-platform development, maintain simplicity in UI/UX design, conduct regular app testing, and use agile development methodologies. These strategies help reduce expenses without compromising on quality.
Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.
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