A generator can be your best friend in places where electricity is not an option. Generators tend to get a lot of hate since they produce noise and pollution. However, one has to admit that these devices provide a practical solution to power delivery. Modern generators have become much more fuel efficient and quieter. They have also become more power efficient. There have been a number of innovations in the generator industry. One of the most notable being dual fuel generators.
Dual fuel generators effectively get rid of the biggest limitation that comes with a generator; its reliance on one type of fuel. A dual fuel generator can accept two different kinds of fuel. At one time, it can consume one fuel to run while the other can be kept as a backup. Dual fuel generators still rely on fossil fuels for power, however, most of them have efficient consumption. One of the best things about dual fuel generators is that they offer a lot of versatility. You can choose what kind of fuel you want to use, and based on the fuel, you can have the generator produce different levels of power. For instance, a dual fuel generator can be run on propane at most times, but when you need extra wattage, you can switch it over to petrol.
If you look around in the market, you can also find tri-fuel generators. However, tri-fuel variants are really expensive. Dual fuel generators provide a great balance between price and functionality. If you’re thinking of buying a dual fuel generator then you should check out these dual fuel generator reviews.
Remember, before you buy any sort of generator, you should do a bit of homework on it. The ideal generator should be able to fulfil your requirements.
Before you contact a psychic through a phone call, an online chat or a face to face meet up there are a bunch of things you should be aware of. By having proper information about them, you will find to easier to talk to them, without any confusion or doubt.
First of all, psychics are special people who communicate with spirits in order to help people. The psychic medium is not able to call upon any spirit you would wish to talk to or question. They are only able to play the role of a human phone, without a dial. You can only talk to whoever is present from the spirit world. This is why you should not try to talk to a dead relative through a fortune teller.
Second, there are four ways in which a psychic can communicate with spirits. One; some are able to see the spirits, so their communication style will be based on sight and whether the spirit cooperates. Second; some psychics hear the spirits. Third; some spirits communicate with the psychic telepathically. This means that they have an inner knowing of what the spirit has to say. Fourth; a few psychics are able to get feelings or sensations in their bodies, through which they find out information.
Psychic companies have a lot of different talented people, all with their unique attributes as psychic ability holders. You can get more information about psychics and how they operate through this website link; www.decision-decisions.com.
After gaining more information about psychic people and their abilities, it will be clearer for you to assess whether you want to consult with them or not. people can only trust in things that they have information about, which is why you should do some research before talking to a psychic.
With over 40 million of people fishing every year, we can clearly tell that it is an outdoor sport that is loved by a great majority of people. You might have difficulty getting to grips with why this sport is enjoyed by masses of people. To a beginner angler it might not seem like much of an outdoor activity, because, after all, all you have to do is put your bait in the water and wait for hours to catch a fish. Fishing enthusiasts are likely to visit the same old spots, despite the fact that they didn’t catch any fish from that spot, and this is due to the fact that it is not entirely about coming back to home with dozens of catches. If you are a first-time angler with a limited budget, then you should read this post to know about the basics so that you can get started without any delay.
The first thing that you need to do is purchase a fishing license for the state in which you are currently living, and you can get it from an online store or a local fishing shop. Depending upon the price you are willing to pay, you would either be allowed fish in particular spots for a single day or even a month. If you want to get authentic information about how to catch fish in the middle east, then make sure to refer to the webpage of Outdoor UAE now. Depending upon the species of fish you want to catch, you would have to pick a good suitable spot in your area. Some fish types, such as bass, then you are likely to find them in abundance in shallow coves – where they can hide and find shelter.
Not every household job can be done by ourselves and despite the fact it might save both time and money sometimes it is important to get some external professional help to get the job done with utmost perfection. One such example is that of power washing; the most appropriate way to get outdoor decks, patios and garages which many people are tempted to do by themselves. However, to persuade them for letting a professional do the job, here are some reasons curated that depict why commercial power washing wins the game.
They Know The Techniques
Every surface that exists in a house is distinct to other and therefore requires a different technique to get it clean and tidy. While a layman doesn’t the exact pressure of the water or the time needed to blast it on the surface, it lead to the deterioration of the surface and ends up a result far from desired.
On the other hand, the appointed professional knows how to deal with respective surfaces and they work in such a way that not only cleans and retains the appearance, it also increases their life. To get such pros to look after your outdoors, see https://www.montgomerymountiespowerwashing.com/pressure-washing and get the best at your service.
It is Cheaper Than You Think
You may think cleaning the patio by yourself would save money, give it another thought. This is because in order to clean outdoor surfaces by power washing, one may require a pressure washer by either buying it or getting it on rent. In both circumstances, it is a pricey decision because the equipment is seldom used. Secondly, in case the technique is not properly executed and things go wrong, you’d eventually end up asking for professional help so it is better to call them before.
It is a Viable Option For Future
Cleaning dirt and grime from grooves and services may remove them for a while but it is inevitable that these contaminants will return. However, the advantage with getting it cleaned by the pros would mean delaying the return as they will help you understand the problem and would provide recommendations on cleaning it.
You can either purchase a NAS server that already has a hard disk in it, or you can buy one with just empty slots. When you buy the box with empty slots, it has to be powered with a network hard drive by yourself. On the other hand, a NAS server which has built in disks is easier for the user, as they do not have to make any extra efforts.
Obviously, the prices of the two types of NAS server vary according to the comfort of the buyer. The manufacturers who produce the hard disks offer NAS pre-installed disks, this way both sides benefit. Most companies that produce a similar system to the NAS server tend to leave the boxes empty; however, the NAS server offers both types for the comfort of the customer. The convenience of the customer should be top priority for any producer.
If you do research, you will realize that the financial difference between both solutions is not that big. Having knowledge about the server is important so that you can choose the correct hard disk for yourself. This link will give you more details to follow up on https://monserveurnas.com.
The NAS server allows you to exchange data as well. You can easily give your colleagues or family members access to your data on the server with a click of a button. The NAS server can be used on any device you want. It goes way beyond limits. All you need is internet connection and a good network.
With this information, you can buy the right NAS server according to your needs and budget. If you decide to purchase it, your life will become easier and more relaxed. You will not have to worry about losing information at all.
The thing about estate planning is that it is not as tricky of a process as some might think. As a matter of fact, it is a very simple and straightforward process, and in most cases, you do not have to worry about many factors that go into this type of planning.
Keeping that in mind, there are some mistakes that you can still end up making when it comes to estate planning. That is why it is always advised to go with someone like estate planning attorney Milwaukee because they can really help you have an easier and simpler experience.
For now, we just want to discuss some of the mistakes that you should avoid when estate planning. It is best if you pay more attention to this.
Not Having The Written Version Updated
More often than not, people end up updating the estate plan but not doing it to the written version. While it might seem like a minor inconvenience, it can actually result in some contest, as well. So, the right thing to do in such a situation would update the plan on both written and digital format if there is one to avoid any issues coming in the way.
Ignoring The Children or Adults
Another mistake that most people make is that whenever they are making an estate plan, they always end up ignoring the children or adults. This might seem like an okay thing to do but the reason why this becomes such a problem is that you can end up causing some issues, or unjust behavior in most cases.
So, keeping that in mind, it is best if you don’t avoid children or adults because that can be a problematic situation for you.
It is important to know that letters of authorization are something that has become super common and for all the right reasons. These letters are great because they can solve a lot of issues when they are being handed out to the people who are in need of.
Keeping that in mind, it is important for almost every business; large or small, to have these letters because without these letters, things will be complicated, and that is never a good thing. If you can’t spare the time to make your own, you can actually head over get an authorization letter template and roll with it. There is no denying that these templates will help you a lot.
With that said, we are going to be mentioning some of the reasons why you should use a template for the letter of authorization. Let’s not delay and have a look.
They Save Time
Simply put, when you are trusting in something like a template, the good news is that you can save some good amount of time that will not come in the way, either. You just have to make the most of the situation by downloading the right template and work with it. I know it is something that a lot of people are often confused about, but these templates are great.
Everything is Already Mentioned
Another great thing about these templates is that pretty much everything that you need is already mentioned. If it does not have the information that you need, you can always go ahead and edit it based on your personal requirements. The option is going to be there for you if you are looking to make the most of the situation.
Whether you’re planning to develop your own product and sell it to the masses, or just develop a small online drop shipping business, there are some proven and effective steps that would help you build and perfect a small online business from scratch.
Here are some steps on how you can start a small online business successfully.
Fulfill a Need
A common mistake that most of the people make is that they fail to choose a market and a specific need that they’ll be filling by providing their services to the customers.
An effective way of making your business a success is making a group of people and assigning them the task of finding a potential market and any need that needs to be fulfilled in that market. Now with all the advancements in internet, you can easily conduct a thorough research and find all the relevant details, and then try to introduce a fix of any problem in that market to attract the sales right away.
Build a Smooth Website
After you’re done with all the initial work and searching, now it’s time for you to get a smooth website built, with well assorted data and easy to understand instructions.
Deliver your brand message right in front page of the website, and make the process simple yet elegant to attract a potential customer’s attention. Know that you have less than five seconds to get someone’s attention, or they’ll be fine forever.
Use Internet Marketing
You saw that coming didn’t you? Internet marketing is by far the most effective and cost efficient way of advertising your website to a targeted audience and earn more sales.
Websites like Invest Burundi are always there for internet marketers to help them with everything relevant to the subject.
Every single component that is included in a motherboard is important, or so they say. While it can be said that every single component in a motherboard is more or less useful in its own way and they all play their parts in order to make the whole system run smoothly, sometimes you are going to get bogged down by unnecessary details when you are looking into a certain aspect of your motherboard and how it will impact your usage of your system.
Anyone that you ask is going to tell you that when you are buying a motherboard you should ideally look into each component to see its quality, but a question that a lot of people ask has to do with a part of the motherboard that you don’t really think about, and that part is the CMOS battery. The CMOS battery is used for a lot of things like keeping the time running on your computer so that your clock is always accurate among a bunch of other minor functions.
While you should definitely pay attention to all the details it’s fair to say that the CMOS battery is not one of the most important parts of your motherboard, and if you find a good motherboard that does not have a high quality CMOS battery, or indeed doesn’t have one at all, you should not let this deter you from purchasing that particular piece of hardware because it has the potential to become a lot more than it actually is. Digital Conqurer has this article that you can read if you want to learn as much as you possibly can on the subject of motherboards and all topics related to it.
If you have been thinking about writing a will, you do need to take care of the fact that there are some mistakes that can be made in the process. When writing wills, these mistakes can be overwhelming, so it is best that you avoid them at all costs so you do not run into any issues that might become a problem.
Now the thing about writing wills is that if you do need help, you can always look into wills in Wisconsin, and that is actually the good part of the situation. For now, we are just going to be looking at the mistakes that you need to avoid when writing a will.
The goal is to make things easier for you so you do not end up creating any issues in the long run.
Not Consulting a Lawyer
One of the biggest mistakes that you can make whenever you are going with writing of a will is that you do not consult a lawyer and go ahead with the process on your own. This is a mistake that most people make in many cases, and the worst part is that you do not have to worry about things going wrong, either.
Rushing Into The Process
Another thing that you need to avoid is that you should never rush into the process of making a will. Considering how things can go easily wrong in such situations, it is always better to be careful so things do not go wrong or out of the way.
When you are writing a will, you need to make sure that you are being thoughtful about it and not rushing into it, either. The more your rush into it, the worse it can become.
Gone are the days when cash tills used to be enough to run a retail store without running out of resources, as nowadays there is an extraordinary surge in sales all over the world. In order to meet this rapid increase in consumer demand, companies are now shifting to EPOS to manage their sales volume in a highly efficient way. From festive shopping sales to everyday grocery transactions, you need to setup integrated centralized software to track your sales report, so that at the end of each accounting period you can make accurate calculations of the actual data. From point of sales to multiple inventory entries, you can store the data of all the transactions in a central terminal with the help of this software.
EPOS system, which stands for Electronic Point of Sales, is basically a mixture of unique software and hardware that promotes a synchronized sales channel for a retail store or a restaurant. Once you are able to efficiently receive all the information related to your current inventory and stock, you would be able to focus on other aspects of retail management in a much better way. It also provides information related to loyalty programs and coupons offer to the customers on a centralized online platform. If you want to get detailed information about the good till ipad epos system, then you should definitely consider checking out the website of For Business now.
Now, you no more have to put any restrictions on card and digital payment options because you would be able to setup a user-friendly platform for your customers to make instant transactions. The latest local self-check outs are the best examples of the application of EPOS systems, and it is rapidly being adopted by several organizations.
Although the whole concept of power washing is making lives easier, a lot of people get lost under the impression that there are certain mistakes that you might end up making in the process. There is nothing wrong with making these mistakes but more often than not, they can easily deter you from the overall experience. In such situations, it is best if you just avoid any such situation, and if you do that, the rest of the process will be simple.
You can check Seminole County power washing services; they are great in almost every aspect, and the best part is that the prices are pretty nominal, too. Wherein, you will not end up paying a lot of money for the services that you are going for.
Hiring The Wrong Service
You might be wondering that there are no wrong services when it comes to power cleaning, however, you would be wrong. There are so many services that use older equipment or questionable chemicals. So, it is best to avoid hiring them and going for someone that is better and gets the job done just as efficiently.
Hiring Someone For Minor Jobs
Another mistake that you can actually avoid rather easily is that you should never hire power washers for minor jobs. Why? Because you do not want to find yourself in a situation where you are hiring the power washers for washing something that does not require a lot of work, either.
In that case, you are just going to end up paying a lot of money, which never is a good thing, and most are avoided at all costs. You want to make the most of the situation, and not spend all your money on cleaning something so minor.
Technology has started to make waves everywhere, whether it is a retail store, an office or even a senior home. From providing a myriad of solutions to almost every possible query to hosting a variety of entertainment options such as Netflix and Hulu, or games accessible via the internet, having a device such as a laptop, tablet, or an iPad can help you on a daily basis.
Similarly, technology has made its way into the classroom as well but portable-sized devices such as tablets or Chromebooks aren’t that convenient for teachers. Since teachers require the help of upgraded software for teaching students, we have mentioned 3 reasons why a laptop might be an ideal choice for helping them stay abreast with the latest technology in this expert guide.
Helps in Student Research
Suppose you’re taking your students to the park, library, or museum as a field trip. If you’re planning on conducting a research on the weather conditions of the park or on the type of books or historic pieces at the library or the museum, you can easily record and enter the data in a data analysis program for your students to see and learn accordingly.
Helps in Planning And Coordination
You can assign group tasks to students and keep a check on their activities as per the deadline. You can enter grading software and grade them after analyzing their results accordingly. You can upload the credentials of each student on Google Sheets or Microsoft Excel, and use the data to compare their current performance with their previous remarks.
Helps in Teaching
As a teacher, it is your responsibility to assemble up-to-date information for teaching in your classroom. You can use your laptop to research exhaustively regarding a topic, say, ‘The French Revolution’, and gather information including papers on biases, mixed opinions, controversies, and even short video snippets or movies for enhancing their interest.
Every wonder who it is working behind the scenes to make sure everything that’s is supposed to happen happens when you go in for a medical procedure, it is the same person who greeted you when you walked in and took your history and made sure you felt comfortable and satisfied, the same person who took care of your insurance and counseled you on your medication after the doctor had left, the same person who helped you schedule your procedures and appointments. These are just some of the jobs of a medical assistant. These people perhaps work harder than the doctors themselves in order to assure both you and the doctors have the best and the most efficient interaction for the benefit of both. They bridge the worlds of the doctors and the patients and make sure very thing goes smoothly.
During medical assistant training San Jose and other areas, these people are taught everything from basic procedures and protocols such as first aid, CPR and phlebotomy and many more so they can handle emergency situations, to the best ways to handle people. They know how to best handle people in the worst of times in ways that would comfort them and make the entire process a little less painful and unpleasant. They will do their best to explain the what’s and whys of everything that is happening to you like your medication and your tests and why you need them. On the other hand, it is their responsibility to prep a patient for the doctor before he arrives by taking their history and vitals. They will then talk to you once the doctor has left and guide you to the best of their abilities till you are satisfied with what is happening to you.
Whether you want to improve your floors and ceilings or want to create new innovative themes in your residential property, you would need to hire professional plastering services to get the job done without any inconvenience. After living in a house for a certain period time, you would notice early signs of deterioration in the overall outlook and interior structures. The floors and ceilings are usually the earliest victims of this problem, as they can easily become deteriorated after some period of time due to external factors of the surrounding. Sometimes, when homeowners end up getting cheap plastering services from local handymen, all of the plastering in their home is out of level and synchronization – which makes their house look highly unsightly. Hiring an experienced plasterer would allow you to revive the beautiful patterns and structure in the interior portion of your property, which would in turn enhance its overall appearance.
Most homeowners expect quality workmanship when they plan to spend their money for professional plastering services, and this is the reason you should always do your research to find the most renowned company in town. This way, you won’t have to bargain prices from the technicians or supervise their work throughout the duration of the plastering project. DDG Contracts looking to help plaster in residential properties, and you should definitely visit their website to learn more about their top notch services.
Hiring these expert tradespeople would give you the liberty of making customized changes in your home – which includes adding new decorative designs and patterns within the interior space of your property. After getting the price quote over the phone with the company’s helpline, you should have a face-to-face meeting about the final price of the plastering project, so that you can avoid any chances of misunderstandings in the long run.
The mobile app market has completely transformed the way we live our lives. There are a number of different ways to profit off of mobile apps, as monetization tactics are becoming increasingly diverse and versatile in order to deal with the various companies that are being established in order to fulfill the enormous demand we are currently seeing. For the purposes of this article, the definition of an app will be narrowed down a little. Basically, we will be referring to universal apps which differ from those apps that can only be accessed through browsers. Mobile apps tend to be easier to access.
People that work in the field of app development and offer the apps and services they are working on in the various app stores often wonder the actual value of their app. The answer to this question is complex because there are a number of different factors involved, all of which need to be taken into consideration before any kind of consensus can be reached on this particular topic.
Some of the factors have to do with the industry. These are called macro factors and they take into account the various intricacies of the larger ecosystem in which these apps exist. If you are looking for an exit strategy of sorts you need to be prepared for these factors so that you can get the best price possible for your app.
There are also a number of factors that can’t be helped. These include how old the app is as well as the company that created the app, as well as the particular niche that it is in. For the purposes of this article we will mainly be talking about those factors that can impact the value of an app whilst simultaneously making the company that manufactured said apps as profitable as possible.
All in all it is important to get a general understanding of all of the factors and variables that can impact the success of your app. It is important to realize that this information isn’t just helpful to people that are looking to sell their companies. This information is also very useful indeed for people that are looking to excel and succeed in the app market in the first place.
Understanding the value of your app can help you better understand the direction that you can take your app in, as well as how you should handle any future ventures that you might end up taking part in. Another thing to note is that it doesn’t matter how well established your business is, you can always take steps in the right direction if the value of your app is lower than you thought it would be. All in all it’s never too late to make your app more valuable than it was before.
A Real Look at Earnings in 3 Ways
If you want to improve the value of your app, the first thing you are going to have to do is figure out how much you are earning right now. This is will become the base upon which you can build the rest of the valuation process. There are two techniques that you can use in order to figure out how much you are earning at this point in time: SDE and EBITDA. Which one you use depends on how your business is structured as well as your gross revenue.
This stands for Seller’s Discretionary Earnings, and is usually used for apps who are estimated to be worth less than five million dollars. Another reason to use this method is if the app or the company is run by an owner operator which is usually the case with smaller businesses. In situations like this, the person that owns and runs the business usually lists money used for personal reasons as business expenses. This is generally done so that the owner operator pays less tax. Another factor that is taken into account in this method of ascertaining the value of an app is that the person that owns the company is usually getting paid a regular salary from that company.
Because of the fact that personal expenses are deducted from company money and the owner gets paid a salary, the amount of gross revenue is calculate differently. The money spent in these situations comes from gross revenue, and is thus included in the calculation process while attempting to ascertain the baseline earnings of a particular app. Not counting these expenses would be a huge mistake because of the fact that it would make the app seem a lot less profitable than it actually is.
This is a much more complicated system of calculation. The reason that it is so complex is because of the fact that it is used to estimate the value of much bigger companies, those whose value goes beyond the five million dollar limit for the SDE. The companies for whom EBITDA is used are generally not operated by the person or people that own them. The full form of this method of calculation is Earnings Before Interest, Taxes, Depreciation and Amortization.
It is the most accurate calculation method out there which is a big part of the reason why it has become an industry standard. Businesses that use this method often have several sources of income in order to expand as quickly as possible. All of these revenues are taken into account in order to make the calculation process as easy as possible.
Whichever of these two calculation methods are used, once baseline earnings have been ascertained, it is time to move on to the next step of the valuation process.
The 12 Drivers of Mobile App Value
This terms basically refers to the number of customers that download your app but then never use it. A lot of tech companies funnel a lot of money into marketing campaigns that are supposed to help users discover the app without realizing how important engagement can be.
Abandonment is a hurdle that a number of app developers are facing. It is estimated that a quarter of all downloaded apps are used once after they are downloaded and then never used again. These apps also use three quarters of their DAUs or Daily Active Users about half a week after they have been installed. A good way to fix a high abandonment rate is to look at the point where users stopped using your app and figuring out how you can entice users into coming back.
#2 Financial Records
If you want an accurate assessment of how much your app is worth, one of the most important things that you will have to look into is getting all of your financial records in order. Not only do these financial records need to be accurate and complete, they need to be verifiable as well. A lot of owners don’t keep good records which is why their apps end up being undervalued. If you own an app you need to ensure that you keep your books in order from the very start, otherwise an accurate assessment of what the app is worth is going to be pretty much impossible to ascertain.
#3 Rate of Growth
Whenever someone is thinking about buying a particular develop or company, one of the factors that will affect their decision is rate of growth. If your app has been growing steadily, chances are that there will be more buyers interested in getting in on the action. However, if your app has not been growing as of late you will find that there are fewer offers and you are going to have to settle for a lower offer. This is because of the fact that there are going to be certain things to handle in order to ensure that the growth rate can be reversed.
There needs to be documentation that signifies that growth is occurring and there is also the fact that well kept books are going to be a factor here as well. Google analytics are also going to play a role here in terms of documentation. Providing data that will show the actual popularity of your app will help boost the value of the app.
It is also important to get into the nitty gritty of the performance of your app. All the details are going to help, and you can bet that anyone that might be thinking of buying your app is going to want as many details as possible. Look into tools that will allow you to get the best analytics possible. If the app you are offering is an Android app then App Annie is a good choice. For Android apps, AppsFlyer is a great option that is both powerful and precise.
#4 Level of Control Afforded to Owner
If you own the company that you are trying to sell, you need to first figure out how involved you are in the day to day operations of the company. You need to outsource as much of the work as possible to people that you have hired. This is actually going to boost the value of your business because of the fact that anyone looking to buy your company is probably going to want something that can earn them a fair amount of income without them having to work too hard. If you are working full days at your company, anyone that buys your company will have to do the same and this is something that will make them want to pay less for your enterprise.
#5 Level of Expertise in Code
Any kind of software including apps is built through codes. Anyone that is thinking of buying your app is going to want to look through the code in order to figure out how well the app has been made. Hence, if you are intending to sell your company at any point, you need to make sure that the code is going to be top notch. No one will want to buy an app that has bad code because it is going to result in problems in the future. That is to say, no one will want to buy an app like this at a high price.
#6 Diversity of Offerings
One thing that a lot of people don’t realize is that potential buyers are going to want to buy a company that is as diverse as possible. No one wants to buy a company that is a one trick pony, and that is depending on a single app for a majority of its earnings. The problem with this is that tides can change at any point, and if this happens the person that buys your company is going to end up with a company that is no longer really worth anything.
#7 Number of Engaged Users
A lot of people look at the number of times that an app has been downloaded as some kind of sign that the app is valuable. However, just because an app has been downloaded does not mean that it is actually as popular as all that. Indeed, one of the more important factors that you should be looking into is how active your users are.
User engagement needs to be ascertained and verified, because it is only then that the actual popularity of the app can be figured out. User engagement means more people watching ads, and a much higher chance that one of your users is going to end up making some sort of in app purchase. These are pretty much the only two ways in which apps can end up earning money, so it is obviously going to have an enormous impact on how much you are offered for your app.
Another reason that user engagement is extremely important because of the fact that it helps the developer figure out how well the app is working. Whenever you use an app, if there is a problem you can choose to report it. These reports can then be analyzed and used to improve the app in various ways. It is pretty clear that all of these things are going to end up playing an important role in how much you are offered for your app.
#8 How Old The App Is
This is one of those factors that you can’t really do anything about. That being said, it still affects the value of your app. A newer app is going to be more relevant, but older apps tend to be considered more stable especially if they have a steady and consistent rate of growth. This makes them seem like more sustainable options that are going to allow the buyers to have a steady source of income for the foreseeable future.
A younger app is going to be seen as riskier because it has yet to prove itself in the arena of platform risk as well as the other storms that most apps have to weather. Buyers are going to pay less for younger apps because they are going to predict a number of pitfalls in the app’s future.
If the app is a year old, the affect that newness has begins to decrease. After the two year mark it becomes much less of an issue, and by the time the app is three years old its age is now something that can actually drive up its value by an enormous amount.
Age itself is not going to cut it of course. Your app will need to have grown consistently as well, something that is not as easy as you might think it is. If there were any problems or down rounds during the course of the app’s history this could prevent premium valuation from occurring.
#9 Customer Acquisition Cost And Customer Lifetime Value
These two terms are pretty self explanatory. The amount that you spend trying to get your customer to download your app is the former, and the amount of money each customer earns while they use they app is the latter term. There obviously needs to be some kind of balance between the two. A low CAC and high CLV is going to send the value of your app through the roof, but this is easier said than done. While it is possible for an app to function even if the CAC exceeds CLV, it will be difficult for the app to continue working for a long period of time.
#10 Consistency in Revenue
This basically means how much revenue you get and when you get it. If the rate of revenue has remained relatively consistent, it will make your company look like a much safer bet. There is also the fact that it will ensure that the buyer will enjoy stable income in the future. However, if the revenue stream ended up being lower or higher than average it will make your company seem riskier and thus people will be less willing to pay a premium amount for it. You should try to justify dips or spikes in income by showing the seasonality of your app or something of a similar nature. This should help reduce the impact that such factors end up having on the overall value of your company.
#11 Number of Downloads
We now get to one of the most obvious factors that affect the value of your company. You need to boost download numbers while keeping all of the aforementioned factors in mind. This will allow you to show people that your app has value, and that the way it has been marketed allows it to be seen by people as a solution to certain problems.
This also shows the conversion rate that your app is enjoying. The fact of the matter is that if you are marketing your app at all, you are going to get people visiting your profile in the app store. You need to show that these people are also downloading your app. A good conversion rate is always key in situations like this.
If people are visiting your app in the app store but they are not downloading your app there are a variety of things that are probably impacting it. Here are the factors that might affect the conversion rate for your app:
- Doesn’t Solve a Problem: Your app basically doesn’t do anything important so people just don’t feel like downloading it. The first rule of an app is that it should handle some kind of problem for you so that users have a reason to download it in the first place.
- Lack of Compelling App Content: When users come to the app page the content that describes what your app does and why does not seem engaging to potential users. Hence, they assume that the previous point is true of this app and they end up passing it over in favor of something presumably better.
- Bad Reviews: This is one of the most obvious reasons why people might not be downloading your app. This is rather easily fixed, all you need to do is remedy the issues and ask people to start rating your app.
One thing you should make sure of is that you are never too intrusive while asking your users why they might not be downloading your app. This will further lower your reviews and ratings and might end up making your valuation go even lower.
#12 How The Business Runs
Your business’s new owner is going to know how things are done. If things are complicated and there is a lot of red tape they are probably going to pay a lot less because they will have to work to streamline things. One thing you should keep in mind is the fact that the easier you make it for your business’s new owners to earn money without doing anything, the more likely they are to pay a higher amount for said business.
2018 was a momentous year in the world of tech, but now it is drawing to a close. Over the course of the year, mobile apps conforming to various niches in the market ended up being download several billions of times. In fact, the actual number ends up approaching around 27 billion or so, a remarkable number indeed and a sign that mobile apps are a firmly entrenched aspect of our internet culture.
This number also shows us that the mobile app market has grown by over ten percent. Mobile apps first came into the market about a decade ago. That’s a fairly long period of time, but it is fair to say that in spite of the length of time that mobile apps have been widely available they can still be considered a growing market.
Hence, if one wants to understand which direction this growth is headed in, it is very important that they look into the trends that are appearing. These current trends can then be used to innovate and change the course of the mobile app market.
Some aspects that businesses will definitely have to focus on are mobility and the pace of innovation. Customer demands need to be catered to, so understanding trends is not just something you might do in order to expand, it is something that you might have to end up doing in order to survive in the first place. Listed below are some observations that experts have made about the current trends in the mobile app market, as well as how these trends will translate into the situation in the market over the course of 2019.
#1 What’s Better, Native or Hybrid App Development?
A lot of app developers tend to wonder whether building a native app is better or whether they would be better off developing a hybrid app that has its own unique benefits. This debate has been raging for a while now, but we might be finally getting somewhere in terms of a definitive answer of some sort.
While it is definitely true that hybrid apps have been making a lot of headway in recent times, and the developments in the tech industry might have levelled the playing field to some extent, but at the end of the day there is nothing quite like a native app. Hence, native apps are probably going to continue to dominate the market in 2019, which is something that one should definitely keep in mind if one is working in this field.
One of the reasons why the domination of native apps will continue to be a feature of the mobile market is the fact that both of the tech giants currently influencing the mobile app market, namely Apple and Google, are aggressively working on native features for their individual operating systems. This is because of the fact that they are trying to differentiate themselves from one another and give users valid reasons to choose between them.
As for hybrid apps, while they do provide benefits such as cross functionality and access to a wider user base, there are a few issues that need to be ironed out. Maintaining hybrid app systems is more complex than working with native apps. Fixing errors and rolling out updates is also a lot more complicated than it should be. Finally, one of the biggest reasons why hybrid apps are not going to supersede native apps any time soon is the fact that they compromise on user experiences. If you are working on a native app, you will be able to customize said app for the needs and specifications of the platform it will be native to. Hybrid apps need to be more versatile, which ends up making them jacks of all trades but kings of none.
#2 Marketing Apps Is Very Important
One of the main things that any app development enterprise or professional works on as hard as possible is, obviously, the app itself. Functionality is considered a top priority, as are things like the problems that these apps actually solve. However, app developers tend to skimp out on one of the most important aspects of this entire industry, an aspect that often means the difference between success and failure: marketing the app itself.
As a result of this apparent disinterest in marketing, companies end up spending vast amounts of capital on getting users to install the app in the first place, but then fall off the radar. Essentially, what is happening is that these companies are focusing on the initial interaction rather than focusing on getting returning customers.
What companies truly need are people that are loyal to the products and services that they are offering. You need users that engage with the app that you have been working on, and a proper marketing campaign that focuses on every single aspect of the app downloading process. What these marketing campaigns focus on is turning users into actively engaged users. They won’t just install your app, they are going to use it a lot and tell people about it.
Engaged users are important for a number of different reasons. First and foremost they allow you to better understand your own app. If there are problems within the app these users would be able to give you the updates and reports you need to isolate the issue at hand and fix it permanently. Engaged users are also far more likely to buy things from within the app. This is one of the most important things to focus on because it is an enormous source of revenue that your company often sorely needs but is unable to get for a variety of different reasons.
This lack of focus on the right aspects of the marketing campaign is why so many great apps end up disappearing without being fully appreciated. The thing is, brands are starting to realize this which is why they are starting to invest in engagement a lot more than they used to. Monetization strategies are going to become a lot different in the coming year. Hence, if you want to stay on par with the rest of the companies out there, you are going to have to make similar investments in the world of engagement and user loyalty.
#3 A Rise in Moment Marketing
Over the decade during which mobile apps have become such an important aspect of our day to day lives, one thing that has consistently become more popular is personalization. Not only does it make users feel more at home while they are using a specific app, it also helps the app become a lot more functional and helps it learn from what user preferences are so that in the future these apps can be developed in such a way that they end up feeling personalized from the get go.
However, things are starting to change. Gathering data on in app user behavior is not going to be enough anymore, at least if your goal is to get a more engaged userbase overall. The fact of the matter is that personalized messages are now no longer getting that same level of engagement. Instead, open-rate messages have been found to be a lot more effective, with open-rate messages being messages that are sent based on location and the activities that they are currently involved in rather than who they personally are.
Three years ago, there was a huge discussion about a shift that was being noticed in the world of marketing. Google gave this movement the name of “micro moments”. It was also often referred to as moment marketing, as well as right time marketing. This movement is all about trying to understand what the intent of the consumer is in the real world through their in app activities.
Context is starting to matter more. Companies are starting to realize that we don’t live in a digital bubble. The real world affects how people tend to use apps and engage with the digital world in general. Location based offers and deals, offers that take into account how people might react in their normal day to day life, making the user experience more seamless in terms of expanding their horizons to newer platforms, all of these are things that matter greatly in the world of modern mobile app marketing.
Basically, what businesses need to do is that they need to figure out what the right moment is to market to someone. Random marketing gimmicks are no longer going to help. If you hit a user with the right kind of offer at the right moment, they are going to be far more likely to accept that offer in general. People that are on their way to work, people that are in class, people that are bored and tired at the end of a long day at work, all of these are people that need to be approached differently. 2019 looks to be the year when this finally becomes the way things work.
#4 Growth in Over The Top Media
Over the top media, often shortened to OTT, refers to things like Netflix, Amazon Prime and even YouTube in some instances, at least as far as their latest offering “YouTube Red” is concerned. These are basically services that allow you to get access to content without having to buy a cable subscription or anything like that. Basically you get content directly from the source without having to worry about the middle men that often end up ruining your experience entirely.
This market is growing by an enormous amount. We can already see how people are starting to prefer Netflix to traditional media outlets like TV channels. In fact, by 2019 it is estimated that total OTT subscribers are going to cross three hundred million in number. This is a vast number and it will definitely prove to be a complete game changer.
One area where this is going to be an enormous changer in particular is the mobile app market of course. The world is becoming a lot more internet friendly. Internet is now widely available to pretty much everyone that is involved in the mobile app market. TVs are a lot more conducive to OTTs. Even big companies like Disney are going to be offering a lot of content through their streaming platform.
The rate of content distribution on these platforms is definitely going to be massive. It is going to allow app developers to develop their own apps and services, whether those apps and services are in the world of OTT or whether they are to be used in conjunction with these apps. We will probably see a further rise in OTT in the year 2019. Indeed, it is fair to say that the whole world will be about OTT after a certain point. Mainstream channels are definitely on their way out.
#5 Exploration Into The World of Augmented Reality
Augemented reality is a field that has exploded after the release of games like Pokemon Go. We have been hearing about it ever since Google Glass was announced, and even though that experiment did not go as well as everyone that it would, it has not changed the fact that augmented reality is becoming a lot hotter in terms of the potential it has in the current market. Examples of new AR technology coming in 2018 is the ARKit by Apple as well as Google’s ARCore. With the release of these new updates to the world of AR technology, we can rest assured that the mobile app market will be following suit as well. This is in spite of the fact that adoption rates are not as high as people thought they would be at this point.
Smart Glasses and Lenses are probably where this market is headed. With Google and Apple’s major investments in AR frameworks, the technology behind these innovations is going to become a lot more important. In fact, Apple is investing so much into its AR technology that it is going to extend the tech across all apps that are currently available with iOS, along with the hardware that goes with these kinds of apps. Features like face tracking are going to become a lot more prevalent. This is a trend that will definitely gain a lot of steam in 2019.
The Shape of Things to Come
It has been a decade since the first apps were launched. They are now not just something we use to have fun, but necessary components of our routine. We can’t text without WhatsApp anymore, and for some people Facebook is not just a social media platform but a place where they can find work and stay in touch with loved ones even though they are quite far away. Hence, the shape of things to become is a lot clearer than it used to be.
Users know what they want. They want their experience to be personalized, they want instant gratification, and they want their content viewing process to be as seamless as possible even if they are using multiple devices to gain access to it. The mobile app market is going to grow next year. Only time will tell how far it can go before growth ends.
The way the world of business and consumer culture is expanding, one of the most important things that business owners are concerned with is customer service. This is because it has become more important than ever for businesses to provide customers with the very best in customer service if they want an edge over their competitors.
The modern customer is far more demanding than anything the world of business has seen before. The internet has created a need for instant gratification. Customers want their complaints to be addressed pretty much immediately, and they also want the process of approaching a service for support to be as simple and intuitive as possible. Indeed, one of the biggest reasons for app abandonment is a lack of adequate customer support.
One thing that companies working in the mobile app market need to understand is that there is no such thing as a unique app. No matter what your app does, there are probably dozens if not hundreds of other apps doing the exact same thing. The market has reached a saturation point at an unheard of pace. Hence, top notch customer service has become one of the most important things you need to focus on if you want a higher engagement and retention rate among your users.
And the great thing is that it is now legitimately easier than ever to give your users good customer support. This is because of the fact that we have services like Kayako that offer the best live chat software money can buy, which can streamline and optimize the customer service you provide. Listed below are some ways in which mobile apps can help you improve customer service and make it something that will give you an edge over your competitors.
#1 Automate Your Day to Day Business Operations
One of the most pertinent benefits that mobile technology can provide is that it can automate the various tasks that you would otherwise have had to perform yourself. Things that formerly required manual operation such as checking the times at which your employees are clocking in and getting reports on the day’s work as well as the recording and storing of various kinds of data will become a great deal easier.
The main benefit of this is that it saves man hours. You can take the time that your employees would have otherwise spent doing things like recording the complaints they get or searching for a solution and devote it instead to more personalized service for the people phoning in. A mobile app can greatly help this process because it will create a centralized location from which all of this data can be procured for later use.
One great thing about mobile app use in this field is that there really is no end to what you can accomplish. You would be able to have serve customers over the phone, through the aforementioned live chat software, as well as a variety of other means that would allow your customers to interact with their customer service representatives in any way they choose. Mobile apps also allow you to enter the world of social media. Having a presence on social media is no longer something that you can afford to skimp on. It is a necessity for the continued success of your company, and a mobile app can greatly improve your chances of succeeding in this area.
A mobile app will also make it a great deal easier for you to manage your employees. You will be able to get a list of all of the tasks that they have worked on at any point during the day, and you would be able to use this information to gauge whether the employee you are reading about is doing well or if they need to be placed somewhere else in order to take advantage of their unique talents.
It is important to develop a custom mobile app. Doing so will allow you to save time and money in your quest to give your customers the best service possible. Remember to reinvest this time in things like personal interactions with customers. This is the one thing that apps can’t do, but they can at least give you the time to do it.
#2 Make Self Service a Real Possibility
If a customer calls an actual person and asks them what the menu is, the process will be quite tedious for both of the involved parties. The fact of the matter is that an app can deliver a menu to your customer in a much faster way. They would be able to use the app to check through what is available and then order whatever they want and have it delivered. It is important to remember that personal interactions are not important all the time. Placing an order can be done in an efficient and impersonal way, especially if the delivery is going to be personal as are situations where a customer might have a complaint about something they have ordered.
Making self service possible is going to essentially remove a barrier that stands between your customers and the products and services you offer. This barrier is an inefficient platform for communication. Remember to incorporate personalized service in situations where a complaint or special query has arisen. These things are still better tackled by real human beings, offering a self service menu might not be the best solution in these cases.
Whether you use the mobile app to connect customers to a representative using a live chat feature or you just take a leaf out of the previous tip’s book and just automate the whole process, an app can make self service infinitely easier and will reduce the number of man hours that have to be spent on such situations.
Self service through a mobile app will make the recording of customer complaints a great deal easier as well. Tickets can be generated and automatically forwarded to a team that will attempt to ascertain what the appropriate response would be in this situation. Each ticket will be given a unique ID which can be cross referenced with the person that handled the complaint in order to check employee performance.
Queries and problems will also end up being solved a lot more quickly which is definitely something that a lot of people will appreciate. The reason for this is that once a ticket is generated, the system will forward it immediately to the relevant department. This will be marginally faster than what a human being would have been able to do, which will eventually add up and greatly reducing the overall time spent in this process.
Furthermore, any agent that gets assigned a query or problem will find all of the information about the customer that they might need right at their disposal. This includes any previous complaints they might have had, what exactly the product they bought is, where they bought it from, how often they purchase from your company and a lot more. All of these things will help your human CSRs deal with the customers you are getting a lot more effectively than they might have been able to otherwise.
#3 Offer Services 24/7
As has already been mentioned before and as you probably already know quite well, the modern consumer demands instant gratification. This means that if they have a problem or query at, for example, three in the morning, they are going to want an immediate response. Because there is a demand for this service, not offering it is going to put you at risk of sliding behind your competitors. Hence, it is essential that you work towards providing customer support twenty four hours a day, seven days a week.
That being said, the main problem that companies face with this kind of demand is that it ends up demanding too much of their employees. It’s important to remember that this isn’t just inhumane, it is going to result in bad work as well. An overworked and exhausted employee is probably not going to be able to do their job as well as they need to. It can also lead to short tempers and resentment which are two traits that need to be kept as far away from customers as possible.
A mobile app can let you ease the load a bit and still provide high quality customer service at all times of the day. It can at least record queries and complaints and issue tickets, so even if you have employees pulling Sunday shifts they don’t have to work as hard and can thus focus on doing the easier job they have to the best of their abilities.
Mobile apps have ushered in a completely new era of customer service, one that is ripe with new possibilities. It is important to incorporate the functionality of mobile apps into your customer service ecosystem so that you can serve your customers in the best way possible.
Learn how to make an app even if you have no coding experience!
This is a 10 part video series designed for beginners in mind to teach the fundamental skills for making apps on iOS.
In lesson 1, you’ll learn WHAT you need to learn and then you’ll dive right in and build your first Hello World app using Auto Layout.
This video series uses the latest and greatest from Apple (Xcode 9, Swift 4, iOS 11) and will teach a beginner with no programming experience how to make iPhone apps. I’m creating these videos with the assumption that the student has no prior knowledge and is starting from scratch.