The industry of mobile applications development operates on various types of business models. Knowing what they are will help you decide how to proceed with your project in the most efficient and cost-effective manner.
As the term suggests, this type of model involves fixed price for smaller projects that require basic and conventional development processes. This is best suited for those who have a definite vision for how their app(s) will be developed and maintained. In this business model, you pay a pre-determined price that has been mutually agreed upon in the beginning stages of our working together.
Having a clear grasp on what you wish your project to achieve with little or no uncertainty allows us to complete your project in a timely fashion.
This business model is also known as Time and Material model. This method of pricing is highly popular due to its suitability to the evolving nature of mobile app development.
In this business model, you pay for the resources employed in achieving your goals. It allows you to have more flexibility in the development of your app and is highly transparent on our end.
The limits of creativity are greatly reduced using this business model; making it possible for your app to be ground-breaking and one-of-a-kind.
This business model is one of team spirit. Using the Hire Dedicated Model ensures you have a team of expert developers with specific and relevant skills to create your ideal project. This is also an extension of trust between the service provider and clients and a reflection of a long-term association.
This type of engagement model is best suited for those clients who are engaged in multiple projects, product development, product improvement and support, product change and maintenance, etc.
As the term is self-explanatory, in this type of business model, both you and the developers are able to communicate in person instead of through e-mails or other communication tools. In other words, you and the developers are on the same premises and often interact personally.
The major benefit of this engagement model is an establishment of greater transparency and understanding between the client and the provider. On-site model, therefore, is ideal for you, if your idea requires your constant presence and approval.
I've worked with a number of in house teams and out sourced suppliers over a 20 year career. Working with SpaceO was one of the best experiences i've had. Always on Skype or elance email when i needed them, delivered brilliantly, with polish and nice additions to a crazy time schedule (an app in 4 days!). I trust them and am already giving them another job.James Balmain