Coronavirus pandemic isn’t only affecting the day-to-day life of billions of people, but it is also affecting the performance of the global market. The Organisation for Economic Co-operation and Development (OECD) has already downgraded the real GDP growth projections for almost all economics by a significant percentage.

Amid such an unsettled situation, business owners and entrepreneurs do not prefer to invest their money to start any kind of app-based business.

However, extensive research done at the Coruscate by our business experts suggests that this temporary slowdown is unknowingly fueling the many good business opportunities which will start popping up once we contain the coronavirus.

Because coronavirus is changing the service adoption pattern of the users. For instance, people nowadays prefer to order food online through contact-less delivery rather than going out.

There are many other businesses like on-demand food delivery businesses which have already been experiencing the highest-ever user base due to the coronavirus outbreak.

So, if you are an entrepreneur and focusing on the business opportunities during and even after a coronavirus outbreak, we will make you familiar with the 5 app-based businesses which will thrive once we contain the coronavirus outbreak.

But before discussing that, we need to address the most anticipated question:

When will we successfully contain the coronavirus outbreak?

Though no one knows the exact answer, one thing is very certain that the results of strong measures taken by different countries will start popping up from mid or late April and by September or October, we can fully control the coronavirus outbreak. And if we consider the worst-case scenario, the coronavirus outbreak may last until we find a vaccine which is estimated to be market-ready around Christmas-2020 (or even before the United States presidential election).

Meaning, you have next six to eight months to be prepared to get everything out of the market which will skyrocket once we contain the virus.  So, if you want to grab this business opportunity created by the coronavirus outbreak, the following are the 5 app-based businesses which you can consider.

5 app-based businesses that will thrive after we contain the coronavirus outbreak

Though the aftermath of the coronavirus outbreak will be very severe, there are a few app-based businesses that will witness the positive side of the coronavirus outbreak.

Following are those 5 app-based businesses that will thrive after the coronavirus outbreak.

• E-scooter sharing business

   

Superpower USA and all other countries are promoting social distancing which is the best weapon we have right now to combat the coronavirus outbreak. But people travelling in crowded public transportation are at a higher risk of the coronavirus as they are not at the safe distance from fellow passengers in a crowded bus or train.

Currently, when the coronavirus outbreak is at its peak in Europe and the USA, people from all around the world opt more for solo travel and avoid public transportation as much as possible. Coronavirus is teaching people to avoid crowded places and people will continue applying this learning even after the coronavirus outbreak.

If we look at this changing travel pattern from the business perspective, an e-scooter is the most affordable and easy medium for people who want to travel solo. By giving them easy access to your e-scooters, you can build a very large user base.

However, you have to ensure that your team disinfects the throttle of the e-scooters many times in a day!

• On-demand food delivery business

   

This is one of the businesses which has already been experiencing the positive side of the coronavirus outbreak. Even during a pandemic, the UK on-demand food delivery segment has increased by 11%. According to CNBC, Southeast Asia’s top on-demand service provider, Grab’s food delivery business has witnessed the rise in demand by 20% in the last few days.

One of the major reasons behind the surge in on-demand food delivery industry is the changing service adoption pattern of the users. Amid coronavirus, people do not go out in crowded restaurants to be an easy victim of coronavirus. Instead, they order food online.

Food delivery companies are also introducing new features to make sure the virus-free food packages. One of such features is non-contact delivery.

If you want to know more about developing a food delivery app to launch it in the market during the coronavirus outbreak or after it, you can read our dedicated blog on it.

• On-demand grocery delivery business

   

Grocery is one of the essential requirements of the people. They can, of course, visit nearby supermarkets to buy the grocery. But considering the risks, people nowadays order grocery more through on-demand grocery apps and unknowingly develop a habit to order through grocery apps more often.

This is what we are experiencing in the USA. According to Apptopia, US on-demand grocery apps have been experiencing a rapid increase in the numbers of daily downloads.  If we compare the average daily downloads in February to March 15 2020, Instacart, Walmart Grocery and Shipt have seen their daily downloads surge by 218%, 160% and 124%, respectively.

• Home workout apps

   

To contain the coronavirus outbreak, cities across the world impose total lockdown. This leaves no other options to people for workout except home workout apps. These apps enable people to take care of their health while not leaving home.

There is already a large user group available which does not prefer to go to the gym. Instead, they use home workout apps to save costs and time.  The coronavirus outbreak is causing the irruption of many such user groups. You can promote your home workout apps to these people and earn a lot of money through the subscription model.  

• Online teaching apps

   

Education sector is one of the worst affected sectors due to the coronavirus outbreak. As of 16 March 2020, governments in 73 countries have announced or implemented school closures, including 56 countries which closed schools nationwide and 17 countries with localized school closures.

During such a dreadful time, the online teaching apps come to rescue. It lets students around the world keep studying from their homes. Like home workout apps, a large number of users have already been using many such online teaching apps. But this usage is expected to be doubled as parents will continue taking all precautions even after a coronavirus outbreak.

How can Coruscate help you to grab business opportunities created by the coronavirus outbreak?

Coruscate is the top mobile app development company which has mastered e-scooter app development and on-demand app development. We accommodate 100+ app developers, app designers, business experts, and legal advisors who make your business journey effortless.

We are headquartered in one of the less affected counties from the coronavirus and thus, we are working with the peak productivity. We have already set up the IT infrastructure to ensure high productivity if the situation goes out of control and we have to implement work-from-home policy.

To address the different requirements of the different startups, we offer different app development approaches which influence the cost of the app development.

• To develop the custom app with all custom features, we charge somewhere between $15K and $30K.
• The cost to develop a clone version of some popular app starts from just $10K.
• We also offer a subscription plan for the e-scooter app which starts from $500.

To know more about our cost structures, get personalized quote, and share your requirements, feel free to contact us. Our senior team member will revert you with the free app demo and free consultation.

The post Business opportunities during coronavirus outbreak: These 5 app-based businesses will thrive after we contain the coronavirus outbreak appeared first on Coruscate Solutions.

Before we move on to learning why you should develop your apps for iOS? let’s take a quick look on the essential difference between Apple store and Google Play Store.

App Store vs. Google Play Store

The post App Store vs. Google Play Store Revenue: Top Reasons to Make an IOS App for Business appeared first on Coruscate Solutions.

We have listed the possible benefits of having mobile applications for businesses can have. We have also stated how the app can improve your business profitability.

You Have a Direct Contact

With a mobile app, you can have a direct conversation with your target audience. It is akin to messaging your friend and talking to them. Brands can befriend their audience, and increase the engagement level. How?

Let’s assume you are an e-store with a mobile app. You notify the audience about an upcoming sale or, you just tell them you have slashed the prices on certain products. Based on their shopping patterns, and their behavior on the app, you decide to promote the products that they may want to buy. This intensifies their engagement level and even manages to get them back to your app.

The direct connection made via notifications, alerts and other such details helps in improving the conversions and is one of the major advantages of mobile apps for businesses. When you talk to them about the products they are interested in, you have already gained their attention. Now, you simply need to maintain it and make sure they buy from your store.

Helps Get Better Insights

There are apps like Zomato and Yelp that have gained a large amount of traction. When they were launched, like any other app, they had simple features, and a basic premise to help people identify nearby places to visit. However, it was with time that they evolved, and this was because of the insights they had on the customers that used the application. With each use, they realized the difficulties people were facing, and how the app needs to leverage on the opportunities available.

The app will understand customer behavior better with the help of an app. The app’s usage and the things they buy or use will help the owner determine which features tend to attract them, and which ones are least important for the users.

It is not just important from the features perspective; you will also gain insights into how the customer uses the app. Which buttons are often pressed, and at which points in the app do they face difficulty. The data from the app will also help the owner add products or services to their portfolio, closing gaps.

The mobile app is a data mine, which will help the owners gain insights into the customers without running surveys.

Best Mode For Marketing Your Business

Marketing is best done when you do it where your audience is present. Hoardings for instance work because the commuters are certainly not going to miss out on these ads. People will travel, and they will see the hoardings and get an idea about the business or the product recently launched.

Similarly, your audience is going to be on the mobile app. It is also said that they spend a lot of time on the mobile app. This makes it the best medium to market your product or service or even your application.

You can use the in-app advertisements to get to the customers or, even the other premium methods available.

The mobile app development is an excellent investment for easier communication. If you want to release a press statement about a product launch, make sure you do so via mobile, as that will get to the users quickly. Valuable content and context should go on mobile, as that is where the audience is looking for new trends and new content.

Improves Work Efficiency and Productivity

There is nothing like a mobile app if you want to increase the efficiency of the people at work. Develop mobile apps that will automate a few tasks, optimize the existing processes and improve the overall efficiency.

A lot of businesses accommodate remote working and have traveling employees. In order to make the data and file exchange easy, they need a mobile app.

You can develop a mobile app for internal usage or for the employees alone,

which will improve the efficiency within the company and can even lead to increased employee engagement.

You can assign tasks via mobile apps, and make it convenient for the end user to see the messages while on the go. An organization becomes more organized with the help of mobile apps that aim to increase productivity.

Increases The Customer Loyalty For Your Business

Mobile apps are a convenient way of managing the digital rewards program and improving the levels of customer loyalty. You have been running offline loyalty programs but, they require cards and other physical elements, which makes the customer shy away from using the programs.

With digital loyalty programs, you increase the level of commitment expressed by the user and will be able to get them to stay with your brand for a longer time.

With the insights available from your mobile app as well as POS, you will be able to personalize the messages for the end user. This will help you offer promotions and coupons that might interest the user and improve conversions.

The ultimate aim of any brand is a returning customer, and the digital loyalty program confirms this for the end user.

Conclusion

Mobile app can help further your business, and boost the sales targets. You can aim higher and reach your audience in a more strategized way with the help of a mobile app.

Coruscate offers mobile app development services that intend to make your life simpler and easier. We develop simple solutions for the complex problems and incredible ideas you might have. Connect with us to take the discussion further.

The post Benefits of Building Mobile App That Strengthen Your Business Growth appeared first on Coruscate Solutions.