The recipe for a successful startup: one brilliant idea, one solid execution plan, strong enthusiasm, and initial capital. Today's competitive landscape has emphasized startups to innovate and adopt a lean startup methodology and team.
Launching a new enterprise, whether it's a tech startup, a small business, or an initiative within a large organization, has always been a hit-or-miss proposition.
At the same time, startups are coming into the market at amazing speed, and unlike any established business, startups stumble upon tougher challenges such as market competition, customer loyalty, and business value. It takes more than just pure efforts and hard work to gain higher ROI for your startup to succeed. Therefore, you need to take a unique approach with a fresh perspective, to build a brand, penetrate and disrupt the market effectively: Mobile apps.
Mobile apps are more popular than ever, with 205.4 billion in annual app downloads in 2018 and this figure is projected to grow to 258.2 billion in 2022. It is no surprise that designing and developing a mobile app is the revolutionary way to engage with customers and spread business awareness among your target audience.
The infographic below by App Idea Awards highlights the critical roles of an early-stage app startup and how they fit into the bigger picture.
