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Mobile Application Options

Here’s some more good information.  Some may be “geeky” but you’ll see where things are going.

http://www.slideshare.net/grigs/native-vs-web-vs-hybrid-mobile-development-choices

There’s also a great use case based on numbers reported from Zillow’s CEO (Rich) and their iPhone app,which illustrates that it would take even them about 9 years to break-even on paid ads.  Most people do not have 6 million+ visitors/mo and $80 million in VC funding.  In the slides above,a company spent $32K on an app and yielded a whopping $535 return.

As noted,it serves more as a marketing/differentiation tool now for most.  You hear about Google’s,Ebay’s,YouTube’s,etc. because their successes are rare.  You don’t hear about the 95 failures,out of every 100 venture-backed businesses.  The same phenomenon seems to hold true with the app craze.  There are 40-50 (out of 140,000) that you hear stories about people getting rich,the rest – you guessed it.  ;-)

The best business case for apps is to solve a specific problem for an existing client base,like mobilize your current customers.  With consumer-facing use cases wins are quite rare.  Downloads don’t tell the whole story;it’s returning users,but you’ll see many companies don’t report that.  Those Pinch Media studies monitored over 30 million downloads,free and paid,and you’ll see those steep drop off curves to nearly 1% repeat usage after 90 days.

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