How much does it cost to build a discount tracker app for the retail sector?

Standard price for a discount tracker app for the retail sector: $37,500

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What is a discount tracker app for the retail sector?

A discount tracker app for the retail industry helps retail stores track their sales and promotions. Discount tracker apps are commonly used by large-scale retailers to run daily, weekly, or quarterly sales campaigns that promote a specific product line at a reduced price. Retailers can use a discount tracker app to advertise products to consumers and analyze historical data from previous discounts.

Discount tracker apps are similar to other shopping apps like price comparison apps, retail apps, and coupon apps. Some popular discount tracking applications are Price Monitor, RedLaser, and Price Penguin.

Here are some recent discount tracker app for the retail sector examples built with Crowdbotics:

  • The app will show customers deals, possibly related to their birthday and anniversaries. Customers can select the deals through the app or purchase them with their points built up

What is the typical cost to build a discount tracker app for the retail sector?

A discount tracker app for the retail sector usually costs $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A discount tracker app for the retail sector with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent price quotes for a discount tracker app for the retail sector from Crowdbotics:

  • $11,000

How long does it take to build a discount tracker app for the retail sector?

A discount tracker app for the retail sector usually takes 147 hours to build. However, a discount tracker app for the retail sector can be built in as few as 107 hours, or in as many as 187 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, Crowdbotics produced the following recent hourly estimates for a discount tracker app for the retail sector:

  • 147

How to successfully grow your discount tracker app for the retail sector

A discount app can grow by providing users with the ability to easily track prices of specific products across different retailers. Since most people already have their favorite retailers, a discount tracker should provide the ability to monitor the prices of specific products over time. This feature allows users to find out when they can get better deals on items they are interested in purchasing. The app should also provide users with an easy way to share product information with others who are likely to be interested in that specific product. For instance, if a user finds out that a limited edition video game is being sold at a discounted price, he or she can quickly share that information with his or her friends on social media.

Risks and challenges of building a discount tracker app for the retail sector

A discount tracker app faces legal risks related to the unauthorized sale of products listed on the platform, and logistical risks related to employee theft and fraud. Discount tracker apps also face reputational risks associated with data quality issues, consumer confusion about discounts, and negative reviews. A discount tracker app should conduct regular audits to ensure that all discounts are authorized by the retailer. Ideally, this audit process should happen in real time so that fraudulent users can be removed from the platform before they have the opportunity to misuse other users’ discount codes.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.