SaaS is considered to cater to outstanding growth opportunities to existing & budding entrepreneurs who want to scale new heights dealing with this. Although developing SaaS from scratch is not as simple as running hot knife on butter, as it comes along with a bit high initial cost. So in this article, we will have a go short run over various factors affecting its development & how one can develop it in the most budget-friendly manner.
In this digital era, everything almost runs on the internet. This is great news for entrepreneurs who want to build their brand in the field of software engineering. Coming back to our initial query, “how much exactly does it cost to develop a SaaS product?” To answer it quickly, we’d say, an average US based-software developer charges approx. 40-60$/hour in its development. Let us assume that the entire development process needs a span of 3months, which simply sums up t0 approx 450-480 working hours. Hence the total budget will come around 30K-35K $ for the entire development an top-quality & a customer magnet SaaS.
Remember the famous quote of John Ruskin: “Quality is never an accident, it is a result of intelligent efforts”If you are looking for a top-quality SaaS, brace yourself to get some load on the budget. We all will agree that the better will be the quality, more will be the price, and none of us would feel delighted with mediocre work. That’s because the software can either be just a calculator on your phone or a full-fledged billing system that supports millions of users.So to prevent higher bills, Chalk out your requirements, be specific about what exactly you need, and brief the developer accordingly to avoid an unnecessary rise in the cost
Usually, SaaS development agencies cost higher than a normal developer but come with a lot of pros. Agencies offer vast experience, multiple brains working on the project & a higher degree of professionalism. The entire cost of development SaaS will range closer to 100K-120K $. Hiring agency simply means that you don’t need to be involved in the development process, they can manage all the tasks on their own. You just need to brief them about your requirements and bingo, they agency with all their expertise will get it done that too at the earliest. So how much does an agency charge for this? Let suppose that the agency also takes approx 3 months of time for development. Most of the agencies as per our research charge around 60-65USDs per hour. The agency’s costs are usually high because they offer so many pros & have a number of developers offering their expertise. But the end result is equally rewarding.
It all comes down to “time is money” my dear friend. The more time required to develop SaaS the more you got to pay the developer charges, and vise Versa. Hence you need to be very very specific about the requirements or features you need in the SaaS. The more optimized your requirement list will be, the more genuine time the developer will need and the most pocket-friendly will be the end result. So be specific & brainstorm your exact requirements, consult with other experts, have at least 4-5 feedbacks on it and then hire a developer/agency for developing the tool.
Well, we all know that creativity grabs the interest of the users. Creativity adds fun & soothes the eyes of the user interacting with your software. While developing the best software, one needs to strike the perfect balance between different fonts, colors, and images, positions, etc. Working on all these fronts, applying necessary permutations & combination to come up with a good looking user-friendly tool is a tedious task & requires a lot of expertise & that my dear friend adds little more weight upon your pocket.
So these are various points that affect the cost of SaaS development. We hope you have got the answer to your queries. Do share your feedback with us on the comment box. In case you have any doubt please note them in the comment section & our team of experts will get back to you at the earliest.