Sephora is a French-based ecommerce company that sells personal care and beauty products. This ecommerce brand achieved massive success with the help of an AI-powered ecommerce mobile app. Their app Sephora application allows customers to virtually try different makeup with the smart Sephora Virtual Artist feature.

In addition to this, it also gives personalized alerts, product recommendations, and exciting gift cards. It may sound interesting to know due to these AI-powered features, their ecommerce app has brought 8.5 million customer visits and 2+ million downloads.

Not only this, many other leading ecommerce companies like Wayfair, Taggshop, Alibaba, and Boxed have leveraged the power of AI technology in their ecommerce applications and achieved great business outcomes.

So, if you also have an ecommerce business and want to boost your sales you should consider using AI apps for ecommerce. And in this article, we will explain how you can boost your ecommerce business with the help of AI-powered mobile apps.

So let’s get started

What are AI-powered apps?

AI-powered apps are mobile applications that utilize artificial intelligence to perform complex operations. These apps leverage the capabilities of AI technology to several use cases to offer advanced solutions and better user experience. AI-powered mobile apps use AI & ML algorithms to enable automated, smart, and self-learning features. They empower users to do innovative things. With AI-powered apps, users can make human-like interactions and get personalized user experience.

Famous real-life examples of AI-powered ecommerce apps

• Amazon
• Sephora
• Alibaba
• IKEA
• Rewind
• Justuno
• Wayfair

Why eCommerce Businesses need AI powered Mobile Apps?

The e-commerce industry is growing at a substantial rate. According to Statista, the revenue of the global eCommerce market is estimated to reach US$4,117.00bn in 2024 and attain $5.56 Trillion by 2027 at a CAGR of 11.17%. 

Hence, undoubtedly, the growth of ecommerce sector is skyrocketing. This is due to the massive adoption of mobile-first and digital approaches in online shopping. Today, people don’t prefer going outside physically or visiting Malls for shopping. By using mobile apps they can now order anything online and get their products delivered to their doorsteps in few clicks.

However, as technology is evolving continuously, consumer behavior and business practices are also changing. In the past few years, artificial intelligence has emerged as a transformative technology.

At present, AI is being implemented across all industries to streamline and enhance business efficiency and productivity, Particularly in ecommerce, AI helps ecommerce to scale its growth by improving its various capabilities. The current e-commerce sector needs improvements in many aspects such as

1. Customer experience
2. Sales growth
3. Operational efficiency
4. Reporting & data analytics
5. Checkout optimization
6. Conversion Rate Optimization
7. Landing Page Conversion
8. Reviews and ratings
9. Product recommendation
10. Social sharing and recommendation
11. Optimized performance across all devices

And AI here helps ecommerce businesses to improve all of the above factors which play a vital role in enhancing ecommerce sales.

Read Also : How Mobile App Development Affect e-Commerce Business?

How AI powered Mobile Apps can Boost eCommerce Business?

Artificial intelligence comes with advanced abilities. When it is integrated with mobile applications it enhances their functionalities and helps in creating innovative and custom features. At present, the use of mobile apps in ecommerce industry is very high. Online businesses are investing in ecommerce app development services to build feature-powered ecommerce apps.

AI technology here empowers developers to streamline the app performance and features to offer improved online shopping experience to users. So let us explore how AI-powered apps boost ecommerce business.

1. AI Chatbot Assistant

Chatbots are one of the prominent part of ecommerce mobile apps. They are built with AI to provide various automated services like online customer support, voice assistance, 24/7 availability, etc. Chatbots are highly useful in providing a better online shopping experience. They use text messaging, voice commands to simulate human-like conversational experience.

These chatbots use AI, ML, & NLP to understand customers’ inputs and deliver the best answers or solutions. Therefore, chatbots play a vital role in improving sales conversion rates. To incorporate the feature of an AI chatbot, you need to seek help from a leading mobile app development company in USA. Their team has the technical knowledge about how to make a feature-rich app for your e-commerce business.

2. Smart Utilization of Augmented Reality

Artificial intelligence assists ecommerce companies in effectively utilize augmented reality features. IKEA, Sephora, Alibaba, and many more world’s leading ecommerce brands have witnessed dramatic improvements in sales growth after the implementation of AR features in their e-commerce apps.

It is due to the unique ability of augmented reality technology that enables customers to visualize products in real-world environment. As a result, it helps in making a good buying decision which contributes to sales conversions. When AR is combined with AI, the quality and creativity of AR features of ecommerce apps get enhanced.

By integrating AI and AR in eCommerce app development, many innovative features could be offered to customers. And eventually, it improves customer engagement and ultimately converts them into sales.

• Virtual try-on solutions
• Product placement preview
• User manuals

3. Product Recommendation Systems

It is one of the major aspects where AI helps boost ecommerce business growth. Ecommerce applications use product recommendation systems to suggest products to customers as per their individual choice and expectations. Many ecommerce companies use customer data to offer personalized product suggestions and optimize sales processes. Implementing AI in recommendation systems in eCommerce mobile applications, benefits in several ways like

• Generate more traffic
• Increase user retention
• Enhance sales growth
• Improve customer experience

So if you want to improve your ecommerce sales try to implement AI in the recommendation system in your ecommecre app.

4. Fake Reviews Detection

Customer reviews are critical element in ecommerce sales. No matter how expensive or cheap the product is, before buying every customer looks for customer reviews. Ecommerce businesses know the crucial importance of reviews in customers’ decision-making. Therefore, they implement effective ways to collect customer feedback and product reviews to help new customers purchase the right products.

However, many fraudsters or fictitious buyers tend to hamper the reputation of their competitors by putting fake reviews. These fake reviews make wrong impressions of the products of other brands. And this problem of fake reviews even bothers leading ecommerce brands like Amazon and Alibaba. So, AI stands out as the best solution.

It allows eCommerce app developers to employ ML algorithms to accurately identify fake reviews by critically analyzing some elements like unusual text patterns, formatting, wrong wording, etc. As a result, AI-powered ecommerce apps are able to detect fake reviews quickly and accurately. And let run a fair competition among sellers.

5. Inventory Management

Efficient inventory management allows business owners to save huge time and cost. It assists them in optimizing the speed and performance to reduce waste by properly managing the products that are likely to sell. For this, artificial intelligence enables inventory management more efficient and smarter.

By integrating AI into the inventory management system, ecommerce apps are able to deliver faster order fulfillment, streamline inventory management operations, supply chain management, and overall efficiency.

Besides this, ecommerce business owners can get an edge over the competition by reducing time and effort in internal operations and responding quickly to customer queries. This, as a result, could contribute to delivering a better customer experience and drive more profits.

6. Sales Analytics and Forecasting

AI-powered ecommerce apps have better data analysis ability. AI enables ecommerce applications to efficiently collect large amounts of customer data and derive useful insights. With AI-powered sales analytics and forecasting, business owners can accurately analyze customer behavior, and purchase trends, and forecast future sales.

Not only this, they can also streamline inventory levels, find new growth opportunities, and make better marketing strategies for improving e-commerce sales. Since AI enables ecommerce apps with predictive intelligence, it assists them in reducing risk and maximizing profitability.

7. Optimizing Product Pricing

Timely optimization of product price is very important in the eCommerce industry. There is no certainty of the price of a product when it needs to be changed. It is because there are multiple factors working behind you that could compel you to change your product pricing such as

1. Competitor’s activities
2. Festive Season
3. Emergence of new trends
4. Virality of products
5. Customer reactions to the product price

Hence, everyday ecommerce businesses have to work on their pricing strategy. They might have to make changes accordingly depending on several factors. It ensures the pricing is aligned with current market demand and maintains consistent sales growth amid increasing competition.

How Much Does it Cost to Build AI powered Ecommerce App?

On average, the cost of developing an AI-based ecommerce mobile app can range somewhere between $40,000-$80,000. However, this is just for estimation. The final cost of integrating AI in eCommerce app development depends on multiple factors. AI is an advanced and complex technology.

It requires immense expertise and high-level programming to implement AI in mobile app development. Therefore, the best way to estimate the cost of building an AI-powered mobile app for ecommerce business would be to directly consult a dedicated ecommerce app development company.

The Bottom Line

Artificial intelligence is a powerful technology. It empowers mobile applications with innovative capabilities to perform high-level operations. By integrating AI into ecommerce applications, business owners get additional strength to leverage modern technology for improving sales growth.

Today, when competition is skyrocketing and customer behavior is becoming more dynamic, AI enables ecommerce mobile apps to streamline existing ecosystems and deliver better online shopping experience. This, as a result, leads to increased business growth. However, since integrating AI in mobile apps is a complex process, you should try to implement AI in your eCommerce app under the supervision of an expert mobile app development company. And RipenApps is one such company that holds years of proven experience in building AI-powered mobile app solutions for ecommerce businesses.

The post How To Boost Your Ecommerce Business With AI Powered Mobile Apps? appeared first on RipenApps Official Blog For Mobile App Design & Development.

According to CB Insights, 47% of startup failures in 2022 were due to a lack of funding and financing. And 25% of new business ventures don’t get sufficient funding required to launch their business, resulting in restricting their growth. So, securing funding is a serious concern for business founders.

And here at RipenApps, we have helped plenty of startups worldwide by providing them with top-standard solutions and assisting in raising funds over million dollars successfully. We know what investors mostly look for while funding or investing in new startup ideas and where startups commonly commit mistakes while pitching to investors.

If you are also a startup and planning to raise funds from investors, here we have shared the 15 common mistakes when startups pitch to investors. Our team interviewed some investors and they shared the mistakes that startups generally commit while pitching for investment.

So, this post will give you a good idea of how not to pitch for startup funding and learn to avoid them for a successful deal.

What Is A Startup Pitch Deck?

A pitch deck is a slide presentation that startups or entrepreneurs give before investors to raise funds or investments. A startup pitch deck usually contains a well-planned and brief presentation of 10-20 slides. It provides an overview of the business idea, technology-employed, and other essential things for seeking investment to build the startup growth.

15 Common Mistakes Startups Make When Pitching To Investors

1. Not Having A Demo

If you have an MVP ready or a working prototype to demonstrate in front of investors, it could aid positively in raising start-up funding. In case you have a SaaS product or mobile app development project, make sure it should be in a functional state with real-life results. Don’t try to show future development plans as they might not be a strong influential factor. Angel investors mostly prefer to invest in startups that have proof of concept or a demo backed with a solid ongoing development plan.

2. Lack Of Compelling & Coherent Narrative

A good business story always leaves a good impression whether it gets successful in the future or not. While most startups generally focus on preparing constructive slides undermining the importance of a catchy opening and a compelling narrative. And this is where they lack.

To impress investors, startups have to come up with an attention-grabbing opening and an impressive explanation of the business vision so that the pitch deck captures the investor’s attention in the first few seconds. Graphs and market reports alone are not sufficient. If your story narration is tired or broken, you might fail to hold investors.

3. Lack Of Creating A Sense Of Urgency

Does your pitch deck involve a sense of urgency? If not, then you are committing a great mistake. Investors try to look for an investment opportunity that has better and more secure market scope. If your product or startup idea can not establish the urgency of adoption, you might lose the deal. This factor is especially important when startups pitch to investors for pre-seed funding.

4. Presenting Too Much Information

This is one of the most common mistakes when startups pitch to investors. They try to show first irrelevant information like product features, the technology used in product development, etc. Many startup founders often prepare presentations of over 50 slides. Instead, startups may consider the best google slides AI to help structure a short, focused deck that keeps attention on only the most important information investors care about in those critical first few minutes.

They don’t put great attention into going through detail and reading all the points you have mentioned. Generally, investors spend hardly 3-4 minutes listening to your presentation. Thus, if you think a well-technically crafted presentation will convince investors, sorry to say, but it won’t work.

5. Lack Of Clarity In Business Vision & Growth Strategy

Where do you see yourself in five years?, many of us have encountered this popular question in HR interviews. For HR, this question does not matter strongly. But when it comes to pitching a deck for startup funding, it matters a lot. Investors always want to ensure their investment doesn’t go in vain.

And they determine this by analyzing the growth strategy and future roadmap of the startup. You can’t just stand with a great product idea without any vision. To get the confidence of investors, you have to define a concrete vision statement and growth strategy.

6. Not Understanding Your Market & Niche

Many startup founders and business owners dive deeper into finding great business concepts. Whether it is an enterprise-level SaaS product, a billion-dollar app idea, or an innovative device, business owners and entrepreneurs believe the innovative solution has a better chance of market success. However, investors are usually not interested in investing in cool ideas or never-built products.

They don’t like to bet their money on unproven concepts. Investors primarily look at why your startup has chosen this market and how much potential it has in the upcoming years. If you could not provide strong data to convince you why you choose your market, investors will lose interest in your incredible idea.

7. Not Demonstrating Traction

It is also among the most common mistakes when startups pitch to investors. Traction is one of the critical factors which demonstrate the trustability of your vision in reality. When you have started working on your product or idea and have come to some level of development stage like building an MVP. It established trust in investors that you are seriously working on your idea.

8. Fictional Business Model

Most startup founders attempt to pitch their business model in a flimsy or fictional way that appears attractive in hearing but has no legs on the real ground.  If you are also thinking of presenting slides with a Boombastic representation of the business model, sorry to disappoint you but it is the case that works.

Many startups often get into the hype of getting funding without the need for a properly-curated revenue model just like other startups acquire funds. However, VC firms and angel investors deeply look into a startup’s long-term revenue plan. Trying to capture investors just by having a six or one-year revenue plan won’t work.

9. Ignoring Strategy For Competitors

No matter what industry or market you choose, there are plenty of competitors. Even if you come up with a creative or unique idea, still there would be some related market competition. When Henry Ford started working on his unique idea of mass car production, even his competitors were horses because they were used as alternatives at that time.

Therefore, when startups pitch to investors, they must explain their competition level and effective strategy for competing with the competitors. But it is often seen, startups and business founders often don’t focus too much on their competition strategy, and this is one of the most common mistakes when pitching to investors.

10. Not Highlighting The Whole Team Slide

Various business founders don’t give much value to highlighting the whole team cluster while pitching to investors. They mostly end up presenting slides that cover their entire advisory board, and the background of the startup founders, and just mention the names or titles of the team without providing any valuable context. It is a pitch deck mistake.

This pitching approach doesn’t help startups get funding from investors. You have to give value to the entire team cluster right from the top hierarchy to the lower execution team mobile app developers, product engineers, sales team, etc., which work closely in your product or delivering service. Investors assess the startup’s capability by seeing the experience, skills, expertise, and other abilities to ensure they have the right team for implementing the idea.

11. Not Knowing About The Investors

One of the common mistakes that startups make while pitching to investors is not knowing in detail about the investors. Mostly, startups don’t research investors to find out in what domains investors are interested, how much money they invest, etc. This specific approach opens more chances of targeting the right investors. Otherwise, approaching with the same pitch deck to all the investors is a mistake that should be avoided.

“Companies that just blanket email every investor they can find with poorly targeted pitches are frankly wasting their time and the investors’, which is not where you want to be. Do your research, be targeted and smart and you’ll get better results.”

– Eamonn Carey, Managing Director at Techstars Connection.

12. Lack Of Communication Skills

Poor or lack of confidence in communication is one of the common mistakes when startups pitch to investors. Many founders and entrepreneurs don’t polish their communication and negotiation skills. And as a result, they fail to sell their pitch and ideas. Sometimes. It is believed an innovative idea will alone drive the deal. But this is a myth. If you are unable to effectively communicate and convince the audience, even the best idea can go empty hands.

13. Lack Of Honesty And Transparency In Answers

Data and statistics are effective ways of pitching to investors. However, when startups fall into overstating facts and market figures things become worse. It is because investors have a realistic awareness of the current market state and how things work on practical ground. Founders sometimes don’t stay very honest and transparent with their answers and presentation and try to surpass the reality of getting investment. And this reduces trust in investors about your skills.

14. Prioritizing More On The Future Than the Present

Investors and VC firms indeed expect startups to have a concrete plan. This makes them assure that the startup in which they are investing is capable of producing sustainable profits in the long run. But many times, founders over-prioritize their plans undermining their present execution strategy. This shows you are more into a dreaming mentality and not leveraging the current opportunity. Consequently, investors will assume you are like an immature startup founder.

15. Boasting Of Experience

It is good to be confident in your words and presentation while pitching to investors. But when startup founders and entrepreneurs start exaggerating their experience and capabilities, things get wrong. You should present the unique qualities and features of your product or business idea. But you need to make sure you don’t oversell your experience while pitching as a dishonest pitch always leads to failure in getting the trust of investors.

The Bottom Line

Convincing investors for start-up funding is not an easy way to crack. Investors seek several strong and valid reasons before investing in any business or product idea. For startup founders and entrepreneurs, analyzing their pitch deck is crucial since it saves them from potential failure.

And the above are the common mistakes when most startups make while pitching to investors. The best way here would be to consult a professional digital product development company that can assist you validate your product idea and craft a compelling pitch for startup funding.

The post 15 Mistakes Startups Make When Pitching To Investors appeared first on RipenApps Official Blog For Mobile App Design & Development.

Many startups and business founders mostly approach seed funding. But pre-seed funding is another way of raising funds and investment from investors that could help you establish your venture before setting up the entire machinery and workforce with capital investment.

If you are looking for a secure and helpful method to raise investments at the very early stage of your start-up launch, here in this guide, we will explain pre-seed funding for startup founders. You will know everything about pre-seed funding that would help you to raise investments successfully just by having a business idea.

The success of pre-seed funding for startups largely depends on how much effective or problem-solving your idea is.

What is Pre-Seed Funding?

Pre-seed funding is about investing in a business idea that has not developed yet completely. It is an early stage of funding where investors give capital to a startup to support them build its product. Investors seek equity in return in the startup as a pre-seed investment. A pre-seed startup funding comes before seed funding and Series A round investment. It might follow raising funds from an angle round or the phase of bootstrapping with your financial resources.

Difference Between Seed and Pre-Seed Funding

Seed funding works as the first official round of funding. It involves more formal investment and gives essential supportive growth after the pre-seed funding phase. Pre-seed funding comes at the earliest phase of investment raising with a minimum viable product or an innovative business concept.

Whereas, pre-seed funding comes before the seed funding stage. It is about raising investment in the business idea that is yet to develop and launch to the market. It allows startups and business owners to get funding at the stage of the startup idea or product discovery phase that has the potential to disrupt the market.

So, on comparing seed and pre-seed funding, here are the key differences between them.

Seed funding works as the first official round of funding. It involves more formal investment and gives essential supportive growth after the pre-seed funding phase.

Pre-seed funding doesn’t have the scope to acquire a substantial investment amount. It usually can get up to a $2 million investment. However, startup founders tend to get higher investment amounts by seed funding. Through seed funding, they can raise $50,000-$200,000, or even more.

In seed funding, investors seek some proof of traction of the product having positive signs for future growth. In pre-seed funding, there is no proof of real-life performance or market traction.

Benefits of Pre-Seed Funding for Startups

So after understanding the pre-seed funding, you might wonder if it is so challenging and why startups should adopt this approach. It is a fact that getting investment through a pre-seed funding approach is quite difficult for startup founders and business owners. Investors don’t like to invest their money in a risky idea that has not come officially into the market without having real-life positive growth.

Source

According to the latest market report, the number of pre-seed funding rounds has decreased by 50% in 2023. But still, the average size of pre-seed funding is decently higher than historical averages.

However, pre-seed funding is viable and enables startups to raise money from investors if they truly have an innovative or revolutionary product concept. With pre-seed funding, startups can arrange sufficient money to set up foundational resources and space.

For instance, acquiring an office space, rescuing a team, and in-house technical and non-technical facilities to build and launch the fully functional product. By adopting a pre-seed funding approach, startups and entrepreneurs get many advantages such as

• Offer more autonomy in shares to investors to gain investment
• Ask for minimal investment to start the startup
• Get investment at the earliest round of funding

When Should Startups Start Raising Pre-Seed Funding?

Pre-seed funding comes at the earliest stage of product development and launch. There are certain conditions you should consider to ensure you are ready for negotiation with investors.

1. You Have a Great Minimum Viable Product (MVP)

The success of pre-seed funding largely depends on how much effective or problem-solving your idea is. Your minimum viable product (MVP) should bear the potential or innovative capability to disrupt the market and take the lead in the competition. In case you are building a mobile app. Then, you might have to hire mobile app developers who have proven technical expertise to build such solutions. This will convince investors as to why they should invest their money in just a business idea.

2. You Have a Team of Experienced Investors

It requires a very intelligent and product success analysis approach to make investment decisions. Therefore, those investors who have quite an understanding or experience in your niche or industry for which your product is built. They are more likely to invest in the idea.

3. Product has High-level Problem-solving Ability

Your product must have top-level problem-solving ability that could fit the needs of its target audience. It should appeal to the target user group through its innovative solutions and establish a long-lasting need in the future as well. When you are to launch a mobile app-based product make sure you work with best app developers for startups to create high-level solutions for your mobile application.

4. Started Onboarding New Customers

If you have acquired a few customers or a small customer base through pre-product launch marketing, you can move ahead to seek investment through pre-seed funding to increase the customer base. You can use the initial customer base or active onboarding to present as proof before investors.

5. You Need Funds to Build the Prototype

Having an idea isn’t enough. Business owners need to build a prototype for their product to test its viability. However, in the case when you don’t have sufficient resources like mobile app developers for creating your MVP. Or money to create the prototype for your product, you certainly need pre-seed funding. You should approach investors with initial financial assistance with an impressive pitch.

How to Get Started with Pre-Seed Funding?

Rasing investment through pre-seed startup funding requires the same approach as seed funding. The key difference is here you have to work harder and smarter to convince investors for a non-tested product. Getting funds via seed funding is easy as compared to pre-seed. Therefore, you have to consider various factors and follow a defined process to successfully obtain money.

1. Determine Whether Pre-Seed Funding is Suitable for You

As we discussed, raising money through pre-seed funding for startups is quite a more difficult task than the seed funding approach. Startup founders have to work hard and put great effort into convincing investors to invest in an idea on paper that is yet to be built. Therefore, you need to analyze whether you need this funding approach. You can also decide when is the suitable time to start working on it based on your product development stage.

2. Create a Compelling Pitch Deck for Pre-Seed Funding

Pre-seed funding approach requires an intelligent and quite analytic approach. Since you don’t have a real-life product with proven positive results, investors will likely seek solid reasons to invest in your untested product idea. Thus, you have to create a compelling pitch about your product. The pitch or the investment proposal should be able to capture the investor’s attention and present all the details.

For instance, product features, business model, target audience, market penetration scope, problem-solving ability, and much more. Especially, for non-technical business founders, have to be well-prepared before presenting an idea. Investors might think how can a non-technical entrepreneur build a tech startup? So, create a compelling pitch for it.

3.  Choose the Right Investors

Not all investors will invest in your proposal. You have to conduct research and filter out the selected potential investors who might be interested in providing money at the early stage of product development and launch. Startups also don’t have sales data to contact or approach directly to the investors.

Therefore, you need the right way to reach target investors and interested business people groups who might be receptive to your business idea. Generally, there are three kinds of pre-seed investors whom you can approach-

• Angel Investors- These investors make small-level investments of around $25,000-$50,000. This is suitable for startups having a mobile app-based business model. It is suitable to raise investments to fund an app from investors.
• Venture Capitalist Firms- Venture capitalist firms mostly invest in developed companies and business ventures. However, there are some VC firms that have an interest in investing in a fresh and newly launched startup if it has scope for achieving success in the future.
• Incubators and Accelerators- Incubators don’t provide capital for funding startups. But they offer other business-related facilities such as training, office space, access to active investors, etc. Accelerators mostly invest in already-growing startups. However, some accelerators also offer pre-seed capital to startups.

4. Negotiate for Investment

Once you have a target investor group, it’s time to come before the offer table. Do present your business idea effectively with a compelling presentation of the product or business concept. And when investors show interest in offering money, you should be wise while accepting the offer. Make sure you get any deal in written form.

This is essential because it would save you from possible disputes and misunderstandings in the future between you and the investor. While you might be excited to have an offer, you need to pay attention to the offer seriously if it doesn’t fit well. Don’t be afraid to walk away if the offer is not suitable for your startup.

How to Attract the Attention of Investors for Pre-Seed Investment?

Getting money out of an investor’s pocket through pre-seed funding is not easy at all. You have to come up with a brilliant idea that can revolutionize the market or bring significant disruption. Most investors are likely to provide money in seed funding only. Very few investors show interest in investing in startup ideas. However, some useful tactics can help you attract the attention of investors in your pre-seed funding idea.

• Look for a reference: Try to approach an investor who might be in your contact links. This would create trust and reliability.
• Have an impressive entrepreneurial personality: Since you are betting on an untested and unproven product idea your personality should be expressive enough to convince you are an experienced and expert startup founder.
• Create a future-proof concept: No matter how creative your product is, if it doesn’t have great market scope in the future, investors won’t be interested in the idea.
• Have a well-defined product development roadmap: If you have software, a mobile app, or any digital product concept, you should have a well-defined product development roadmap. You should be able to convince investors how you will turn your idea into a revenue-generating product. If you have a mobile app, say you are going to build it with the best mobile app development company.

Final Thoughts

Raising investment through pre-seed funding is a challenging task. It requires great research and a well-planned approach to convince investors. You also need assistance from a product development company to validate your product idea and its viability.

However, with the right strategy pre-seed funding can help you get money to give your startup an initial push. The best way would be to consult an experienced digital product development company that can assist you in validating your product concept and raising investment from investors successfully through pre-seed funding.

The post Pre-Seed Funding for Startups – A Detailed Guide for Founders appeared first on RipenApps Official Blog For Mobile App Design & Development.

Still, today, things are at new-height where technology is adding perks in your every task and providing seamless & pleasant experience.Mobile apps & websites came into the picture to settle the chaotic process of finding match & planning weddings for you. These special needs are given rise to Matrimony & Dating app development to find matches & wedding planning app development to organize the perfect wedding.

These apps are assisting various dating & wedding planning businesses in their way to making their audiences more comfortable at enjoying their Special day without taking worries about its management.

Let’s View Some Fantastic Facts About Wedding Planning Apps

What are the Benefits of Wedding Planning Apps for Individuals?

Today the power of mobile apps is incredible. Mobile apps have made the lives of people more accessible and convenient than ever. If you are taking about managing your BIG day- Wedding, then a wedding planning app can add various perks and can be the cherry on the cake.
For the individuals, various perks can be avail and manage the wedding flawlessly. Using a wedding planning app, caters benefits like:

Can Save Time

The wedding management clasps a messy yet lengthy process that takes much time, but embracing wedding planning apps, one can save time and have the management smooth.

Round the Clock Assistance

A Wedding planning app development can help the consumer to get aware of all the activities running in their wedding planning, and the consumer can stay in touch with their Vendors to their time to time query resolution. Along with 24*7 assistant and support, consumers also can get the push notifications that keep them notified about the offers and discount that vendors have offered in the app.

Guest Management

With a wedding planning management app, the consumer can easily manage the guest list and every arrival at the wedding via making the guest list online.

Activity Tracking

With a wedding planning app, couples are allowed to track everything from RSVPs to thank-you messages and can manage all the entries at one place and maintain a checklist that can be aware of them to keep checks on to-do tasks.

Key Market Players in Wedding Planning App Market?

Why Wedding Planning Business Need Mobile App Development Perks?

Those who belong to the wedding planning business have lots of perks. If they go for event management app development/wedding planning app development because, in the end, every wedding planner’s vision is making their consumer’s wedding a Picture-Perfect wedding for which they were dreaming. Via adopting a mobile application for your business, you can keep your customers satisfied, and then you can earn the customer trust from there.
You can ask the top mobile app development company to create the best wedding app consisting of various features that can give your amazing business benefits.

Your wedding app will give you a plethora of benefits on the way to satisfy your customers and earn huge revenue.

• Implementing the e-Commerce feature within the app, wedding planning business owners can allow their customers to search, compare prices, and book from thousands of wedding destinations and venues.
• By implementing video and images within the app, business owners can provide a complete view of venues and can provide the venue listings.
• With the help of wedding planning app owners can provide location-based venue directories with multiple listings.
• Your wedding planning application can provide your users with extensive scheduling via enabling event calendars, and that will help users streamline their management & arrangements.
• Mobile applications help you to give your users access to various online boutiques with e-Commerce pages that provide users with a highly made list of brands in a variety of styles with social sharing options.
• Opting Wedding planning mobile app development gives you the easiness that you can provide your users with an online honeymoon registry creation solution so that guests can book beautiful experiences for couples with e-Commerce features.

Specific Features in a Wedding Planning Mobile Application:

User Panel

Social Signup and Login
This section gets the login & signup details where the user/vendor can get their account creation done via using their contact number and other social information that required them.

View Event organizers/vendors
This section provides the view of event organizers/vendors, where users can opt for their suitable vendors as per their needs and requirements via viewing their details.

Filter event organizers/vendors/service providers based on location/price
Within the app, users can search wedding planners and wedding service providers via keeping a filter on price and location as per their requirements.

Improve the search based on service needed (makeup, catering, etc.)
Here, the user can ask or choose his/her preferred service within the app search feature about the required services like makeup, catering, etc.,

View vendors profile, reviews, ratings, and portfolio
The app allows users to view the vendor’s profile that consists of their details, ratings, and past work is done.

Call and Chat with Vendors
The app allows users to request a call and chat with their chosen vendors and can simplify the communication process.

Vendor profile sharing
The consumer can share the vendor’s profile with their friends and relatives to have a look and ask for feedback.

Search wedding venues based on location
The user is allowed to search for the venues as per his suitable location and choose as per his choice.

Filter through wedding styles
Here, users are open to choose the wedding theme or style if he/she is looking to have a theme-based or any wedding style.

Create a wedding checklist
Users are allowed to create their wedding checklist to keep checks on the activities or tasks they need to track.

Wedding Budget calculator
Users are open to calculate the budget here by putting all the requirements and activities that are going to happen.

Create/Manage the guest list
Users can create and manage their guest-list or can add and manage their guests as per their preferences.

Create/Send online invitations to guests
Users can create or send online invitations to their guests and can manage invitation within the app.

Create/View Wedding Albums
Users can create & view their wedding albums in the apps.

Multiple payment options
There are multiple payment options are there for the user convenience.

Write reviews and ratings.
Users can review or rate the service of vendors/wedding planners to encourage them and share their wedding experience in the app.

Wedding Event Managers/Vendor/Suppliers Panel

Social Signup/Login
The wedding app allows the vendors to sign up quickly using their existing social accounts & other specific details.

Create/Manage Business Profile
The app allows the vendors to create & manage their business profile via creating and adding details like work experience and others.

Manage inquiries and bookings
The app allows the wedding planners to manage & inquire about the bookings made within the app by the consumers.

Manage Catalog
The app allows the vendors to manage catalogs to showcase their varieties and specialties with a portfolio of everything like venues, other services.

Set and manage availability preferences
The app allows event planners to set & manage their availability status.

Accept online payments
The app allows the vendors to manage the payment handles and can accept the payment within the app.

Request for reviews
The wedding planning app enables vendors to request reviews and feedback from their clients.

Call and Chat with Users
The wedding planning app enables vendors to chat and communicate with their users for flexibility.

Track attending guests
The wedding planning app enables managers to track the list of the guest and can mange tracking on their guest attendance.

Manage employees
The app allows vendors to manage their employees within the app via keeping checks on their employees and assigning & monitoring tasks in-app.

Create/Export reports
The app offers vendors to create and export reports of their tasks and management they have done at the wedding.

Additional Advanced features in Wedding Planning App:

Venue 360 View
It is perhaps the best component of an on-demand wedding planning mobile app that permits the users to have a virtual visit through the settings from 360 perspectives, so they may get the assistance to pick the best after merely seeing through their eyes even while sitting at home.

In-App Doc Scanning
With regards to wedding management, there show up numerous edges that request fundamental archives, for that this element licenses individuals to check their papers using the application just with no fret to go to the particular shop and take care of business.

Guest Management
A wedding is a big occasion, so we have to make a list of guests we need to welcome. Such short functions don’t request a group; hence, the number differs for each. Here comes the visitor the board include, which facilitates the users to deal with the numbering of their guests serenely.

VOIP Calling
This component, Voice over Internet Protocol, is a genuine saver for the users of a wedding arranging app when the phone administration isn’t satisfactory to settle on or get phone decisions.

IVR Application
Internet Voice Response, a technology grants approaching guests to associate with the app’s host framework and return with the pre-recorded answers to their questions

Real-Time Analytics
At the point when an application is coordinated with real-time analytics, it ends up being gainful from different viewpoints.

AI/Chatbot Support
It is an automated talk assistance feature that users the right innovation to help in connecting with the users to utilize a wedding planning app.

Live Chat Support
Indeed, when a request for a specific prerequisite emerges, and the user gets a moment arrangement through live chat support, this lays a significant effect on the appraisals and surveys of the app. Also, this is the head procuring of any mobile app.

Various Payment Gateway
It’s much fundamental to facilitate the payment cycle. As various individuals will use multiple payment entryways; along these lines, it is essential to coordinate different payment passages with a wedding planning mobile app.

Powerful Customer Relationship Management System
For customer relationship management, this component assumes a crucial job. It permits the office to deal with the users efficiently and effectively.

Client Loyalty Program
Satisfying loyal users with various discounts help in keeping the customer’s loyalty towards the service or the app as it assures them that they are getting extra perks along with the best wedding planning services.

How much does it cost to develop the wedding planning mobile application?

The cost estimation of the wedding planning or event management app development can be done based on technologies we integrated, the time we invested. These features integrated and depend on the various other factors too. The platform for the app is going to develop as it is with iOS or Android app development or on the both like cross-platform app development is another major factor.

Conclusion:

If you are running a wedding planning business and still haven’t deployed it on a digital medium, i.e., a wedding planning mobile app then this is the right time to ripe your business with a fabulous wedding planning app.

Weddings are the events that happen every month and gives a lot of business as well as revenue. We are the leading event app development company that creates the feature-rich and reliable mobile application where you can place your requirements, and the development plus enhancements of your on-demand wedding planning app are upon us. Our team of event mobile app developers understands how important it is to offer an enjoyable experience and bring the experience to your fingertips.

Place your curiosity at sales@ripenapps.com and let your wedding planning business grow with us.

The post Why Your Wedding Planning Business Need an App: Wedding Planning App Development Cost & Features Guide appeared first on RipenApps Official Blog For Mobile App Design & Development.