Your app is just an idea. It is not something could be tried out. It is not something could be revealed to the public. Also, you can’t prove it would be definitely a success after reaching to app store. App idea is a dream that you have to fulfil.
Whether it’s a simple app or a complex app packed with multiple functions, a game or a next Uber, you need a huge investment for that. The common conundrum among app start-ups is how to get money for a million-dollar app which is not existed yet. Because of money, great app ideas are still struggling to get there on the picture.
Fortunately, we have many examples in front like Evernote who got funded with half-million dollars from one of its user. Likewise, there are many in the world who may like to invest in your next hit. Here are some quick ways to reach them.
1. Shake hands with Co-founder
Evan Speigel was the inventor of Snapchat idea while Bobby Murphy (Co-founder of Snapchat) was responsible behind its development. Co-founder is not only a best app investor, but he is also a best helper. If you have half investment for app, you can easily look for a co-founder to fill another half.
Co-founder will always be there in good or bad times of app. He will whole-heartedly help to grow your app for a wider market. A tech-savvy co-founder will save extra pennies wasted behind
outside developers.
2. Start a Crowdfunding Campaign
A funding campaign will spread your app throughout the world. But the deal is you have to make a right pitch with proper marketing strategies to let the world know about your campaign. Make a campaign stuffed with your app idea, its benefits, its uses, how users will find the app useful and the ways one can earn from it. The more you reveal the more you get to support your dream app.
3. Raise Donations
You will get enough funds from crowdfunding. But sometimes due to tough competitions on app marketplace, it becomes hard to convince investors. Better to rely on multiple ways than a single one. Start raising donations on your own site popular among your loyal customers. Describe your app and tell them to invest. Promise them to provide gifts or monetary compensation in return after your app comes in lime light.
4. Become a part of funding contests
Have you seen Shark Tank – an American reality television and a contest raising funds for entrepreneurs. Entrepreneurs come there to describe their dream projects, to convince why their project is best and to raise funds from the contest. Find such type of content for your app to get funds without begging.
5. Find Out Angel Investors
Here is the Google Definition of Angel Investors
Angel investors will give your app a kickstart within a less time than other methods. From Angel investors, you can get money starting from $25000 to a few millions or more. Yahoo’s Marissa Mayer and Amazon’s Jeff Bezos are great examples of Angel investors.
Final Words
Even funding needs a little creativity to generate results. It takes time as convincing others to reach their deep pockets isn’t easy. Keep patience and be firm to raise every last dollar to aid your app dream.
About OpenXcell
OpenXcell is one of the best app development companies – a best fit to your requirement list of app development. The company has attained a high reputation in tech market because of its past track record and non-stop growth. OpenXcell is happy to pursue with your future app development and marketing plans.