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How To Raise Money For Mobile App Startup In 2019?
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But is it really enough to just have an idea? No, it is not, for anyone to be successful it takes an investment and an investor who believes in you and your idea so that it can actually come to life and make plays.
To get funding for any idea you need to keep in mind a lot of things that include: what your app is about, the originality of your idea, who your targeted audience is and what your pitch is going to be. Once you have all of those things figured out, you need to get in contact with potential investors and sell them out on your idea.
1. Strengthen the Concept of your App
To get the investors to believe in you and fund your app, you are the one who needs to believe in the idea and the concept of your app first For this, you need to check if your app is original and how is it different if not better from the other apps that are already available to the public. You need to solidify the concept and the idea which it is built around.
The pitch of your app is basically the summary that you give to the potential investors in hopes that they would fund it. Investors are usually on the go and don’t have much time so you need to make your pitch in the time span of 30 seconds. You need to make your pitch sound interesting and summarize the idea of your app as quickly as possible. The key of a good pitch is how captivating and engaging it is if it is neither of these things and your presentation seems bland then the chances of the investor being sold on your idea are rather slim. You need to seem confident and know what you are talking about.
3. Targeted Demographic
The first thing you should know after coming up with an idea for an app is who it is going to cater to; in other words, you need to know who your core audience is going to be and be sure of it. Knowing who your potential audience might help immensely in the development of the app, the app is developed by iphone app development company with respect to the needs and usage of the target audience, having this information also helps you know about your competition in the market and how you can one-up them.
These are the core things that you must keep in mind when you go to potential investors for funding. Keeping these things in check not only makes your idea look more interesting and captivating but also makes you seem more confident which are the two key things you need to have when you are trying to receive any kind of funding in your business.
Vinay is the young and dynamic co-founder of Grepix Infotech and brings over 5+ years of professional experience in developing iOS/Android applications and web development. In his role Vinay effectively provides overall leadership, directions and technical expertise into all projects taken up at Grepix Infotech. Earned prestigious “Rank Holder" designation in Master of Computer Applications program, an honour reserved for top performing students as determined by standardised exams common to rigorous college programs across entire university. Vinay is also among top 10% iOS developers at ‘Stackoverflow’. He has the utmost ability to render client’s goal into actionable marketing strategy. He excels at articulating concepts and educating clients, so they can make empowered and informed business decisions. He is indefatigably investigating and absorbing information on the latest technologies to keep Grepix Infotech ahead from the crowd.
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