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How much does it cost to build a media marketplace app?

Standard price for a media marketplace app: $62,500

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What is a media marketplace app?

A media marketplace application is a web, mobile, or desktop application that enables users to sell and purchase media content. Media marketplace apps are frequently used for the distribution of music, movies, audio books, television shows, and other types of digital media. Some examples of popular media marketplace platforms include iTunes Store and Amazon Kindle.

These apps are a common type of media and content sharing apps. They are similar to music streaming apps, video streaming apps, and image sharing apps. Popular examples of media marketplace apps include Etsy, Airbnb, TaskRabbit, and Fiverr.

Here are some recent media marketplace app examples built with Crowdbotics:

  • An NFT Marketplace for movies. Similar to Netflix where people can scroll through the movie trailers. They submit their parameters to customer to approve, mint and upload their content.

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What is the typical cost to build a media marketplace app?

A media marketplace app usually costs $62,500 to build. However, the total cost can be as low as $50,000 or as high as $75,000. A media marketplace app 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 media marketplace app price quotes from Crowdbotics:

  • $62,500

Here are some considerations that may impact the cost of a app:

How long does it take to build a media marketplace app?

A media marketplace app usually takes 833 hours to build. However, a media marketplace app can be built in as few as 667 hours, or in as many as 1,000 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, the most recent media marketplace apps built with Crowdbotics received the following hourly estimates:

  • 833

How to successfully grow your media marketplace application

A media marketplace app can grow its user base by providing a superior experience for media consumers. Media marketplace apps have a very strong network effect, and their users are attracted to the platform because it has a high number of users. As long as the app is able to make itself indispensable to its users, it will be able to attract advertisers and generate revenue.

Risks and challenges of building a media marketplace application

Media marketplace apps face risks associated with the handling of user-generated content, copyright and trademark infringement, privacy concerns, and platform abuse. It is recommended that media marketplace apps provide users with robust reporting mechanisms for flagging inappropriate content, use encryption to protect data from third-party access, and implement robust user authentication systems to prevent fraudulent account creation.

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

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