How to Determine the Value of Your App?
An app’s value determines its success rate and how popular it is among users. There are different factors that play a prominent role in determining its overall value. Majorly, an app’s time in the market and its overall base have a pivotal role in deciding its value. Moreover, the mobile app development company in Australia that you choose for development has a crucial role in enhancing the value of the app. In the first place, they are responsible to build a reliable and high-performing app that can build value for your app. For example, if an app accumulates $500 a month, its owner may want to sell it for the price of 6 months’ worth or $3,000. The overall amount of time during which your app has been published shows the value of Return on Investment. On the opposite of it, if the same app that earns $500 a month, maintains its place on the app store for more than 6 months then you may also sell it for 14-15 months' worth or $7,000. On the other hand, other owners with apps