One crucial aspect that hasn’t been addressed yet is the need to compare your app with others in the market. When there are numerous apps offering similar features, it becomes essential to carefully consider your pricing strategy. Competition serves as a catalyst for transparency and comparability, especially when you’re vying for new customers.
For instance, if your app offers specialized knowledge compared to a basic app that simply duplicates features or content from a standard source, you can potentially justify higher prices until competition enters the scene.
How do you assess the competitive landscape? The market is undeniably expanding rapidly, but given the affordability of basic code, what are your plans for further app development and refining your pricing strategy moving forward?