Post
Topic
Board Securities
Re: [ANN] myHavelock - Monitor your Havelock Investments portfolio on Android!
by
rbonestell
on 16/01/2014, 22:46:02 UTC
...

Professional applications for banks and financial services are usually free - look at the apps for Lloyds, Barclays, American Express, Bloomberg etc.

Using a freemium or ad-supported model cheapens the user experience and reduces the professionalism of the app. Could you imagine checking out your current account balance on your app, only to have a banner ad for payday loans flashing across the bottom of your screen? Blerg - cheap and nasty.

If you have to charge, I'd suggest somewhere in the region of £1.59/$2.59 - but make it worth it. But, this should really be funded by the group that stands to benefit the most - namely, Havelock. They have just paid the developer 1 BTC, which is a good starting point.

I'd estimate a good app for a flourishing new financial service should net the author in the region of $50,000-$100,000 (I say this because the app for telling you where to stand on the London underground for the quickest exit earned its developer £50,000 - $80,000). A very worthwhile reward for contributing to our growing little ecosystem here.

Thanks for the feedback!

My original intention was to release myHavelock free (without ads) and request donations, then eventually extend myHavelock (ultimately) to be a full-featured Havelock Investments client where users must pay to unlock the trading features - otherwise they can only monitor their portfolio. Perhaps I can get away with pricing that functionality in the range you have suggested.  Grin