On-demand app solutions have been taking over the market for the past few years. Today, there are hundreds of different types of on-demand apps out there that are constantly disrupting the old business methods by catering to customer demands in a way that is more satisfactory, robust, and profit-maximizing.
Today, it is possible for almost all sorts of businesses to get their very own on-demand app developed. Regardless of whether your businesses fall in education, fintech, taxi, food, eCommerce, or any other sector, you can get your on-demand app developed today and start reaping the benefits.
However, even though the benefits of on-demand app development are countless, there are still some businesses that are not sure whether or not on-demand app development is a good idea.
That is exactly what we will be discussing today. Read down below to find out whether it is the right time to have an on-demand application for your business or not.
Some Interesting On-demand App Stats:
- According to Technavio, between 2020-2024, the on-demand home services market is going to hit $1,574.86 billion with a CAGR of approx. 49% by 2021.
- According to Statista, every year, U.S. consumers spend $57.6 billion in the on-demand economy to serve 22.4 million users.
- Stats from Manifest showed that 50% of millennials open an app more than 50 times a day.
- Stats from Statista indicate that in the next 3 years, the global app revenue is going to reach 935 billion US dollars.
Right Time for Businesses to Invest in On-Demand Applications
On-demand applications help bridge the gap between customers and businesses. They provide a convenient, easy, and effective way to connect both. It can be a good source to extend your business and make your investment secure and profitable.
The COVID-19 pandemic has caused a significant change in the manner clients and organizations associate. The on-request application economy has become so solid in such a short measure of time that it wouldn’t be inappropriate to say that this pattern will stay longer.
Still not sure whether or not you should get one built for your business?
Let’s have a look at some of the reasons why now is the right time to get an on-demand app made for your business.
Automate Business Process
The very first and most important reason for your business to have an on-demand application is that it helps automate business. Before on-demand apps became a thing, retailers had to keep track of records and data in hundreds of files and sheets. Also, managing, creating, and securing data used to be a cumbersome task.
Thanks to on-demand apps, it has become much easier and quicker to manage information. Since the information is in digital form, it is also possible to store and secure the data online.
Hence, there are fewer chances of data loss as well. All of this not only helps streamline business flow automation, but also helps save time, money, and effort.
Track Products & Drivers Instantly
On demand application allow both retailers, and consumers to track deliveries once they are out. This helps customers get a better idea about when their goods are going to get delivered.
Whereas the retailer can also keep a track of the distance traveled by the delivery man. And how much time it would take him to reach the destination.
Manage Inventory Properly
Inventory management is another aspect that businesses need to take care of to ensure that the business operations are not compromised in any way.
Through on demand apps, it is possible to keep a track of delivery management systems. A DMS allows retailers to check which goods are in stocks, and which ones aren’t, without having to keep a separate record for it.
Cost-Effective
The great thing about on demand apps is that even though they are very useful and serve a lot of purposes they are not as expensive as one would expect them to be. In fact, not only are on demand apps affordable to be made if you hire professional application developers.
But they also help save the huge bucks that would be spent otherwise on finding customers, firing delivery boys, marketing, receiving/sending payments, and more. Hence, they help save businesses hundreds of bucks.
Reviews and Ratings
Another benefit of on demand apps is that they allow you to get a better idea about what your customers think about your services. How? Through feedback and rating.
The customers will leave the feedback according to their experiences once he/she done trying out your services. All of the customer data can help businesses improve their operations and take care of any complaints or concerns that the customer might have.
This also helps save businesses the time and effort they would have to spend. Otherwise to collect user feedback through sending out emails and making phone calls.
Enhance Security and Scalability
Last, but not least, on demand apps are known to be very secure and scalable. Which is one of the reasons there has been such an increase in demand for custom-on-demand app development services. On-demand apps that offer good security are the ones that are much more effective in gaining and retaining customers.
Wrapping Up – Mobile App Development
The COVID19 pandemic has caused a major shift in the way customers and businesses connect. The on-demand app economy has become so strong in such a short amount of time. That it wouldn’t be wrong to say that this trend is here to stay.
And we are going to see a further increase in the on-demand economy from now on. The best on demand applications are the ones that offer their users a personalized experience to their customers. Which in return helps them increase their reach and grow.
But let’s not forget that even though hundreds of on-demand apps are out there, not all of them are successful. Therefore, it is important that you choose the right custom on-demand app development solutions that are robust, affordable, and useful. For that, you would need to hire an on demand app development company that is well-known for its service.
