December 26, 2024
The astrology and horoscopes industry are on the great rise in the business market! And if you are thinking of developing an app like Astrotalk, then all we would say is it’s a damn good choice. Astrotalk is the perfect example of a successful astrology business. However, it is also expected that Astrotalk can be the first unicorn in the astrology industry. With its encouraging 2-minute chat-free and B2C business model, it took just 7 years to make a stronghold in the Astrotalk industry.
Here is a kicker for you! Something that Astrotalk has got in these years you can get in the period of your startup. All you need to be is unique and strategic, like the entrepreneur Puneet Gupta. But how?
This post provides all the information on how to build an app like Astrotalk. Below, we have provided a detailed explanation, covering everything from the steps to costing and ways to generate revenue.
Keep reading!
Market Stats of Astrotalk App
Well, while you look to invest in the astrotalk, knowing if it is a worthwhile decision is essential. This section contains some of the great marketing stats that best fit your business needs. Although these stats will help businesses strategically decide if you should actually invest in the Astrotalk app development. Check them out!
- Revenue Growth: The earnings of Astrotalk shot up to reach a figure of INR 659 crore for FY24, recording an increase of 133.6 percent from INR 282 crores during FY23, while it has shown growth consistency for such years.
- Profit Surge: The app’s net profit is expected to be approximately INR 94 crore in FY24. This is a significant increase from INR 27 crore in FY23, reflecting a growth of over 3X.
- User Engagement: Astrotalk boasts an impressive user engagement profile, with more than 30 million registered users and daily active users totaling over 400,000, thus making its place in the competitive market.
- Consultation Model: Astrotalk made profits through consultations, accounting for 65% of its revenue from chat consultations and 35% from audio calls. This has made an important contribution to the profitability of the services.
- Market Expansion Plans: Astrotalk can achieve a revenue target of INR 2,000 crore within the next few years and is actively exploring international markets, including regions like Canada and Europe
Source: Economic Times
Steps to Build an App Like Astrotalk
As an entrepreneur, remember that if you are investing a huge amount in your startup, you have to be very careful. The software you invest in will work efficiently if everything is considered in detail during the launch. Want to know how to build a great app?
Here are some steps you must take to develop an Astrotalk like app:
Analyze the Whole Market
If you have decided to develop an Astrotalk-like app, begin by understanding the specific market. Analyze what the audience wants from an astrology app. Analyze your competitors’ business models or strategies to determine what they do well and what they lack in their offerings.
However, insights into user preferences, pricing strategies, and trends in the astrology industry must be gathered. This will help shape a clear direction for your app and ensure it meets market demands. A thorough analysis sets the stage for a product that stands out and attracts the right audience.
Hire the Right Development Team
Choose a team experienced in building similar apps who can turn your ideas into reality. Look for developers who understand your vision and have a strong track record. A skilled team can guide you through the process, solve challenges efficiently, and deliver a well-built app on time. With the right people, your project will move smoothly from concept to completion.
Incorporate Top-Notch Features & API
Integrate features that make your app useful and engaging for users. Include services like horoscope readings, live chats with astrologers, or compatibility checks. Add unique APIs for real-time calculations and a more smoother data accuracy. Although, entrepreneurs can choose features that match user expectations while ensuring the app remains easy to use. This combination keeps users coming back and adds value to your app.
Create Solid UX/UI Designs
Make sure your app incorporates visually appealing and simple designs. However, consider the interface, where your users quickly find what they’re looking for and enjoy a seamless experience. Use colors, layouts, and icons that resonate with the theme of astrology. A well-designed interface builds trust and makes users feel comfortable spending more time on your app.
Testing & Deployment
Run extensive tests to ensure the app works as expected without errors or glitches. Test every feature and ensure the app performs well under different conditions. Once you’re confident it’s ready, launch the app to the market with a well-planned release. A smooth app deployment in targeted app stores ensures the audience has a positive first impression of your business.
Maintenance & Updates
Fix any issues and add new features based on user feedback to keep your app running smoothly. However, constant updates help businesses stay relevant and improve user satisfaction. So, ensure your app is fully fledged and compatible with the latest devices and operating systems to provide a consistent experience. In fact, there is no wonder that the maintained app ensures sustainable growth and success and also a smooth user engagement.
Generate Revenue With Apps Like Astrotalk Astrology
Getting a clone app like Astrotalk is worth the investment, not just because the original app is doing great, but because the market has made a profitable outcome. Ensure that some profitable revenue generation ways are included to grow sustainably.
No wonder there are several ways to generate profits from the Astrotalk Astrology app development. But here, we share only a few of them.
Astrology Marketplace
Create a platform where astrologers and users can connect directly. Allow astrologers to sell their services, like personalized readings, live sessions, or reports. Take a percentage of each transaction to generate steady revenue. This setup attracts professional astrologers to your app and gives users access to expert guidance. Building a community within the app encourages repeat visits and long-term engagement, helping your app grow over time.
In-App Purchases
Monetize your app by selling premium features, detailed reports, or exclusive content. Users can pay to access services like advanced horoscope insights, compatibility reports, or priority consultations. These small purchases can add up to significant revenue while enhancing the user experience. Providing options for both free and paid content keeps users engaged while appealing to a wider audience.
In-App Advertisements
Entrepreneurs can partner with other brands or businesses to display relevant ads in your app. Make your certain fix chargers so every advertisement you do for different companies. However, focus on ads that align with your audience’s interests, such as wellness products or spiritual services.
Use non-disruptive placements, such as banner ads or short videos, to keep the experience smooth. Smart ad integration boosts revenue without driving users away, ensuring your app’s growth and sustainability.
So, these are some ways entrepreneurs can use to generate profits from their apps and grow their businesses. However, these are just a few of them, and many can be used to generate revenue from your app. For example— premium subscription plans, data monetization, sponsorships, and so on.
Cost To Create App like Astrotalk
Well, there is no specific amount to ensure your budget in advance of the figures. However, to help you understand, the average development cost of making an application like Astrotalk depends upon many factors.
Though this speaks about that, the average cost to develop an Astrotalk app from scratch can range enormously from $30,000 to $250,000. However, entrepreneurs need a budget between $25,000 and $150,000 for an Astrotalk clone. Keep in mind that this is just an estimated amount. It is actually very complicated to define the exact amount before analyzing your business requirements.
To have an accurate estimate, businesses need to know several differentiating factors to make a project successful in terms of development costs. Generally, the price will be lower and higher depending on a number of factors.
Interested in knowing those factors? Watch out for this table to understand the overall cost:
Development Phase | Description | Costing (in $) |
Market Research | Research target audience, competitors, and market trends to identify user needs and app viability. | $5,000 – $10,000 |
Design | Create wireframes, UX/UI designs, and user flow to ensure an intuitive and visually appealing app. | $8,000 – $15,000 |
Backend Development | Develop the server-side logic, database architecture, and APIs to manage app functionalities. | $15,000 – $25,000 |
Frontend Development | Build the user interface and integrate it with backend functionalities for a seamless experience. | $12,000 – $20,000 |
Feature Integration | Add core features like horoscopes, live chats, notifications, payment gateway, and user profiles. | $20,000 – $30,000 |
Testing | Conduct extensive QA testing to fix bugs, ensure smooth performance, and optimize the app. | $5,000 – $10,000 |
Deployment & Launch | Publish the app on app stores (Google Play, App Store) and handle app store optimization. | $3,000 – $5,000 |
Post-Launch Maintenance | Offer updates, fix issues, and provide support to ensure long-term app success. | $2,000 – $5,000/month |
Note: The total cost to develop an Astrotalk-like app ranges between $70,000 and $120,000, depending on app complexity, region of development, and specific requirements. Additional costs may arise for advanced features or marketing efforts.
Reduce Investment Cost With a Strategic Approach
Astrology app development investments can be highly complicated. However, worrying about the investment cost and your budget is very common in this situation. Don’t worry! If you are new to starting your business online, then you can take a strategic approach and invest in Astrotalk-like app development. This section holds some effective ways that can help entrepreneurs reduce their development costs:
Use Cloud Services
Cloud services allow astrology startups to store and manage app data without the need for expensive physical servers. Entrepreneurs can smoothly invest in cloud app development to begin their astrology business. By doing so, they can scale resources up or down based on the app’s user base. This helps avoid the cost of overestimating or underestimating business needs. Investment in this flexible solution justifies that businesses only have to pay for the storage and computing power they use.
This reduces unnecessary expenses and ensures an astrotalk clone with better performance and reliability, which keeps users satisfied. For startups, this approach simplifies maintenance and eliminates the need for a large IT team, making it a budget-friendly option to support long-term app growth.
Use an Agile Methodology
So, the next way comes the adoption of agile methodology for cost-effective Astrotalk like app development. Investing in agile methods for app development is subdivided into simple, manageable phases. Focusing on activities likely to yield immediate returns eliminates time and resource wastage. Regular updating and a responsive feedback loop help discover problems early on, avoiding expensive corrections later.
For astrology startups, full-cycle software development ensures the app evolves in line with user needs, avoiding unnecessary investments in features or designs that may not work. Investing in Agile development is also great for collaboration. This results in a more polished and cost-effective final software development.
MVP Development
Investing a huge amount in a final software development can be a complicated. However, opting to invest in a minimum viable product ensures that startups can test the waters without committing to a full-scale app. The MVP development focuses on delivering core functionalities, such as horoscope generation or live consultations, to gauge user interest and satisfaction. This approach cuts initial costs, allowing startups to invest their budget where it matters most.
Once users begin interacting with the app, feedback can guide future updates and feature additions. For astrology businesses, this strategy minimizes risk, helps refine the product, and ensures that every dollar spent contributes to building an app that users truly want.
Simple Design
A straightforward and user-friendly design not only appeals to users but also significantly reduces development costs. Keeping the interface clean and easy to navigate avoids the need for intricate coding or excessive design revisions.
Users appreciate simplicity, especially when exploring apps focused on personal interests like astrology. For startups, a simple design saves time during development and makes future updates easier and more affordable. Moreover, a clean layout enhances usability, leading to higher user satisfaction and retention without the need for elaborate visual elements or complex features.
Outsourcing Mobile App Development
Astrotalk, like app development by an outsourcing app development company, reduces the additional expenditure of setting up an in-house team. They have expertise in working on similar projects and can quickly wrap up the development budget-wise. This way, entrepreneurs can shift their focus to several aspects of their businesses, such as marketing or building partnerships, while the outsourced team carries out all the technical tasks.
This leads to the least possible initial investment, as well as typical high-quality work with short-term engagement. Such external services are highly cost-effective for startup astrologers who want to launch apps quickly with significant flexibility for further changes.
Open-Source Solutions
Open-source tools and frameworks can greatly reduce software development costs without compromising on features. Most of these tools are free and have extensive community support, which is best suited for startups. Entrepreneurs can use open-source solutions and build customized features on top of them to achieve their dream app vision.
There’s no need to build everything from scratch, which saves both time and money. One can power quite a few functions required in creating astrology apps, such as chat systems and report generation using open-source tools, and enough to keep the app operational without exceeding its budget.
Cross-Platform Development
Developing an app targeted by different operating systems— iOS or Android, both Android and iOS and in terms of reaching broader users at less cost than developing two separate apps for two platforms. Cross-platform development allows businesses to create one version of the app, whether it be iOS app development or Android app development, that can easily work on multiple devices, reducing development cycles and costs.
This approach is quiet and smooth and simplifies maintenance, as updates only need to be applied once. For astrology startups, cross-platform development ensures that users on different devices can access the app without compromising quality. It maximizes reach and minimizes investment, making it a smart choice for businesses looking to grow quickly.
Prioritize Features
Focusing on the most important features first allows startups to streamline the development process and avoid unnecessary costs. Instead of trying to include every possible function, entrepreneurs can concentrate on elements that provide the best user experience, such as daily horoscopes or live chats with astrologers.
Once the app gains traction, additional features can be introduced based on user feedback and demand. This strategy ensures that initial investments are used wisely and that the app meets user expectations. For astrology startups, prioritizing features builds a strong foundation for success while keeping costs under control.
Hire RichestSoft As your Reliable Partner
Looking to Invest in a ready-made astrology app like Astrotalk? Well! Consider involving expertise like RichestSoft in your Astrology app development!
We can be your most reliable and supporting partner in developing astrology apps. An intense appreciation of costume astrology matches our technical capabilities. Our experienced developer team for iOS and Android brings the expertise needed to make your app feature-rich and meet business and audience expectations.
We specialize in providing our audience with strategic astrology app development. Whether it’s about AI-based palm readings or interactive tarot sessions, we specialize in including personalized features in the Astrotalk astrology app. We enable businesses to provide users with a seamless and engaging experience to distinguish their apps while empowering them with the competitive astro-technology market.
If you are thinking about starting an astrology business or have any doubts about it, just contact us!
Conclusion
Overall, Astrotalk app development is not an exception to the list of great entrepreneurial opportunities for everyone who wishes to speed up business growth. However, keep in mind that the investment cost to develop a whitelabel app like Astrotalk is concept-driven. The overall cost will be based on factors such as integrated features, project complexity, app design, etc.
However, let us tell you investing in a solid online business is worth it only when you hire the right expertise. App development to start an astrology business not only requires astrological knowledge but also needs a strategic approach to increase growth and revenue sources possibly. All you need is RichestSoft for the right mobile app development services. Hiring them will help businesses ensure profitability and boom in the astrology industry.