Saving Costs on Making an E-learning app

Are you interested in developing an E-learning website like upGrad or KhanAcademy? You also have an option to compete with market leaders like Coursera and Udemy. Today digital education is a very perspective and fascinating world where you can monetize your app and get a large profit.

But at the development stage, you should invest your money. How much does an e-learning app cost? How can you monetize it in the future? We’re going to answer these questions in our article.

The Team and the Technology Stack to Develop an E-learning App

The success in the mobile education industry depends much on your team. What qualified specialists you might need?

Main Factors of Pricing in E-learning Development

Three main factors are affecting the cost:

1. Type and complexity. In other words, the number of features you want to build in.
2. Platforms. Determine whether your app will be on Android or iOS. If you decide to create your app for both platforms, the price significantly rises.
3. The development team — size and location. It is well known that Eastern Europe and Asia offer more favorable prices for high skilled professionals’ work compared to the US, Canada, and Western Europe.

Estimated Time and Cost to Develop an E-learning App

Your requirements determine the final price. It can be roughly estimated at $16000-$20000 for an educational platform with basic features. The more sophisticated your platform is, the longer time developers will spend making it work smoothly, and the more it will cost.

How to Monetize your E-learning Platform

Suppose you build an e-learning app. It’s time to discover the three primary ways of making money with it.

1. E-commerce. Include a function that allows students to view 15–20% of a product for free and then buy it.
2. Two kinds of subscription. A free subscription typically allows users to use the essential functions. A premium subscription gives all possible benefits, such as no ads, personalization, and unlimited access to all content and functions.
3. In-app advertisements. Enable a function of sharing educational materials in social media, and learners will actively promote your application.

It was a short preview of our article. You may read the original source to learn more about the e-learning app and tech stack features you need to build such an app.

We hope that our suggestions will help you develop an E-learning app by deciding what kind of platform you want and how much you need to budget for it.

Here at Exceed Team, we offer top software development services and follow E-learning app development trends, so your concept becomes a reality.