{"id":5380,"date":"2017-12-18T19:37:14","date_gmt":"2017-12-18T14:07:14","guid":{"rendered":"https:\/\/www.konstantinfo.com\/blog\/?p=5380"},"modified":"2022-04-21T13:28:55","modified_gmt":"2022-04-21T07:58:55","slug":"how-much-does-it-cost-to-develop-an-app-like-foursquare","status":"publish","type":"post","link":"https:\/\/www.konstantinfo.com\/konstant-blog\/how-much-does-it-cost-to-develop-an-app-like-foursquare\/","title":{"rendered":"How Much Does It Cost to Develop an App like Foursquare?"},"content":{"rendered":"

Foursquare was an instant hit as the company Foursquare Labs Inc. launched their first social media location-based app in 2009. \u201cWe\u2019re a kind of Google Analytics of this world,\u201d said Jeff Glueck, CEO of Foursquare, as they recently launched their new data dashboard. He further added, \u201cWith all that treasure-trove of mapping data from 12 billion check-ins, we’ve been able to map and detect sort of the fingerprint of every business in the world.\u201d<\/em><\/p>\n

This attempt of Foursquare with this data dashboard is to allow companies to know how people move around in the real world.<\/p>\n

So, the app that started as social media app to check-in and to share their location with friends so that they can plan to meet if they are at the same place or nearby has now become a major data analytics app. They are constantly tracking what demographics are going to what brand, thereby providing data to some of the largest retail brands including Google, Apple, Samsung, Uber<\/a><\/strong>, Twitter, Microsoft, Airbnb<\/a><\/strong> and over 100,000 app developers.<\/p>\n

The company unveiled its revenue growth after integrating this data analytics software in the app- it grew 74% in 2016 and will hit $100 million<\/strong>, turning a huge profit in 2018 and year after year.<\/p>\n

As a result, these retailers can get the benefit of serving their customers wherever they go, and build products around it. For instance, Airbnb, as a part of marketing strategy, to let people travel like a local will use Foursquare\u2019s photo data will provide tours and guidebooks to its users.<\/p>\n

In just nine years, the app has collected billions of check-in data in near about 105 million places across 160 countries. Its providing commercial services to enterprises. If you\u2019re on a business trip to some new, unknown location, you can get the best dine-in, takeaway options on your phone through Foursquare app.<\/p>\n

Cost of app development<\/h2>\n

So, if you\u2019re thinking of having a mobile app like Foursquare, you\u2019re taking the best decision in life. Because this startup will surely convert into a premium business that you can start minting money from your app. Simply put, the better you upgrade the app to perform multifaceted operations, the more you acquire- both users and wealth.<\/p>\n

But most of you believe that this GPS app development will cost you an arm and a leg. Not really!<\/p>\n

Of course, you will have to invest your hard-earned dollars to hire a mobile app developer<\/a>, who can make a differentiated and high-performing app for you. However, when it comes to cost calculation, you really can\u2019t estimate on your own because that will never lead to the right figure.<\/p>\n

Considering that an expert advice is a must for developing a location-based app<\/a> like Foursquare, we\u2019ve here consulted our team of Project Manager, Business analysts and developers to help you out with the actual development cost.<\/p>\n

Per them, the average cost of developing an app<\/a> like Foursquare will range between $35k to $40k<\/strong>. This may vary with scope change during project development. Also, if we estimate the number of days needed to complete this project, it will be approximately 180-200 days<\/strong>. Again, the time estimates may differ if there are frequent changes in app requirements.<\/p>\n

One of the very important subjects your developer must be adept is in navigation<\/strong>. To build an app like Foursquare, you need to work on the following metrics:<\/p>\n