Imagination is more important than knowledge.

1st April 2018

Is It Too Late to Get into the Apps Business?

Like with pretty much every other avenue through which one could try and generate an income, the apps business seems to have finally become saturated. In fact many might say that it has been saturated for a good while now, but that doesn’t mean it’s impossible to make a success out of it.

The question is indeed whether or not it’s too late and the answer depends on exactly how you want to go about getting into what can definitely be a very lucrative market.

Here are a few things to consider first before we break down the best possible approach to take if you insist on getting into the apps business…

Market saturation indicator

Ordinarily any channel through which an income can be generated goes through a few stages in its lifecycle before it becomes saturated and this goes all the way back to the earliest days of modern day technology which is largely modelled around the microprocessor. First a project gets funded by the kind of big money capital associated with governments and big corporations, either as part of a Research and Development Programme or indeed as part of an enterprising commercial solution.

When the solution gets released then it’s usually very expensive at this stage, only available to big corporations, governments, etc. Gradually the solution becomes cheaper and cheaper, so too the means of its production and it makes its way into the retail market where it can be accessed by the general public.

Next, the tech solution drops rather drastically in price, largely fuelled by market-level availability of its means of production, copying, cloning and imitation as well as further development or perhaps even improvement by competitors.

The last step is then that of the means of production of that technology becoming so widespread that the average person on the street is able to get in on the production action without any technical skills required. In the case of software it’s usually something which emerges as a point-and-click solution or Integrated Development Environment (IDE) or in fact something like a What You See Is What You Get (WYSIWYG) platform in the case of websites in particular.

Speaking of websites, a great example of this is the popular Content Management System (CMS) in WordPress, which allows pretty much anyone to create their own professional looking websites without much technical knowledge, if any is required at all…

What’s the deal with apps then?

Considering the lifecycle of tech-based income generation channels above, what’s the deal with apps? Where are we with regards to apps developments?

We’re well into the point-and-click developmental phase as of today, but that doesn’t mean that the market is completely saturated. As much as there’s pretty much an app for everything out there, that’s where you’d have to look if you want to realise some success with your foray into the apps development business – you just have to come up with something that’s going to be popular amongst as many people as possible and there are plenty of ideas to improve on.

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