How Much Does It Cost to Build an Online Booking App?

Cost to Build an Online Booking App

If you’re looking to create an online booking app for your business?

You’ve probably already consider all the costs that are involved with doing so.

However, it might be surprising just how much it costs to build booking online app from scratch – just ask anyone who has actually done it! If you want to know the cost of building an online booking app.  Here’s the breakdown of all the expenses you can expect.

How Much Does It Cost to Build an Online Booking App?

Development Cost

There are two costs when it comes to developing an online booking app:

  • The cost of development
  • The cost of hosting

The amount that is needed for hosting will depend on the size of your application, with larger apps costing more. To estimate how much you’ll need, you can use this calculator.

The development fee will depend on who you choose as a developer. They will have various price points depending on their experience level. They will also determine what type of project management software they’re using and what other programming languages they know. As such, you should be sure to research potential developers before choosing one so that you can get an idea of what your budget might be like.

Once all the fees are totaled up, you may be surprised at just how expensive building an online booking app actually is! If you’re looking for less costly options, there are ways to lower the cost by either developing in-house or outsourcing some of the work overseas. However, if you want to guarantee quality and success then hiring professionals will likely be your best bet.

Marketing Costs

In order to effectively market the app, it will be important for you to target potential customers. Target marketing can involve studying the wants and needs of a specific group of people and targeting that market with customized ads or offers. While most apps are market on social media sites like Facebook, Twitter, Instagram and Snapchat, some companies may choose to advertise their products in more traditional ways such as through television commercials or print advertisements.

Another option is to partner with third-party websites like Expedia, Priceline and Kayak who already have established customer bases which they can offer your product too. The costs associated with marketing will vary depending on what approach you take but should not exceed $5 million. However, if you decide to distribute your own advertisements (such as TV spots), the cost will significantly increase. Your budget should also include having a dedicated team to handle customer service inquiries, since this is one of the most common reasons for dissatisfaction among users when using booking applications.

An application for booking usually consists of 3 primary elements: software development, servers, and hosting. Depending on how many features your company plans to implement into the app and how complex these features are, software development could range from $150 thousand to over $1 million. Servers should be determined by how many simultaneous user sessions you expect at any given time. Hosting depends mainly on traffic volume—in other words, how many requests per second you anticipate at peak hours or throughout the day/week/month.

Additional costs such as legal, accounting, and licenses

The cost of building an online booking app will vary depending on the type of app you want, as well as how many features you want your app to have. Typically, apps one of three programming languages: Ruby on Rails, Python, or Java. The price for building a booking application can range from $10-$150 per hour, with Rails being the most expensive option.

If a developer charges $120 per hour and takes five hours to build your app, the cost is $600-2K. If you’re developing a more complex application for booking (with additional features such as map integration). It may take 10 hours or more, in which case the price could be $1K-5K.

For example, if a freelancer charged $100 per hour and built an application for booking in 8 hours, the total cost would be $800.

Calculating ROI

To calculate the ROI for a project, take your annual profit and divide it by the total cost of capital. If you are interested in calculating your ROI with building a mobile app development, use the following equation: Annual Profit/(Total Investment/500). So if your average annual profit is $100,000 (or 10% of revenue) and you spend $5,000 on development costs for the first year, then your ROI would be 5%. However, this number doesn’t account for the cost of ongoing maintenance which can vary wildly depending on what type of software is use.

For example, if you build an app using React Native or Flutter and hire someone else to maintain it. Yearly maintenance will only be about $1,500-$2,500 per year.

If you build the app yourself or buy into a subscription service like Google Firebase (which includes hosting), your yearly maintenance might be closer to $4-$8k per year. As a general rule, most apps that don’t involve video editing or other. Its intensive tasks should be able to run on a server that costs less than $100 per month. App development starts at around $10,000 for a low-end app. For medium-level apps, developers charge between $20,000 and $50,000. Large enterprise apps often require years of work from dozens of developers costing tens of millions of dollars.

Conclusion

An online booking app is an excellent way to streamline your business and make it more accessible. With a strong design, intuitive UX, and beautiful branding, you’ll be able to offer your customers more options and convenience when it comes time for them to book a reservation. In fact, 92% of people who downloaded apps say they’re more likely now to visit the company’s website or a brick-and-mortar location.
The cost of app development varies depending on the features you want in your app. At App One Stop, we charge $7 per hour for app development services with no upfront cost. However, there are several factors that can impact pricing including:
  • Programming language –
  • Type of UI – Features include in app
  • How many hours will be spent building the app
  • Estimate complexity of app (low, medium, high)
What are some other benefits to having an online booking system?
Having a sleek and functional mobile site has been shown to increase traffic by 23%. You’ll also see increased loyalty from your guests because they won’t have to go through the hassle of contacting someone over the phone or going into a restaurant just to ask about availability. Plus, online payments make life easier for both you and your customer!

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