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Gone are the days of socializing and looking for a desirable girl or boy to date. Today everything is online. With dating websites like Tinder, it is now possible to meet your potential companion and possibly life-partner in a tap or swipe. Yes, it’s that easy! These apps are exceptionally popular among the millennials and this popularity is not hidden from the entrepreneurs that are eyeing huge profits by having similar apps. But most of the entrepreneurs hold back their idea of getting such an app developed because they are not sure how much will it cost to build a dating app like Tinder? If you are also wondering how much you will have to pay for building a dating app, read on to know.
Tinder was launched hardly eight years ago in 2012 and since then it has taken the world of dating by storm. It simply rules the love-matching fantasies of youngsters. Treated more as cheesy deceptive platforms with all sorts of overt advertisements and dubious bugs, dating apps never enjoyed this much love and fame as Tinder does. It is a platform people rely upon and have great expectations from. How come Tinder become so popular? Let’s not just praise its intuitive design and an amazing mix of smooth functional elements, the app is loved by users mainly because of its inventive features such as handy swipe, interactive match on chat, GPS discovery, etc. With more than 7.86 million active users across 190 countries and adding, Tinder generates an impressive revenue in the excess of $1.2 billion in 2019, as per The Verge.
From casual hookup partners to friendship and long-term relationships, Tinder allows users to find their love-matches in a swipe. It is, in fact, the first online dating platform to have risen up with a rising number of swipes. The app is adding millions of users per month and its revenue is increasing by about 19% year-on-year.
Features you may want in your Tinder-like app
Offline access
Personal Security
Calendar integration
Live video chatting
Blocking users
Geolocation matching
Creating and managing user profile
Suggestions based on the location
Search functionality with filters
Notification and real-time alerts
Facebook/social media/ Google sign-in login
What are the strengths, weaknesses, opportunities, and threats of dating apps?
If we talk about the strengths, dating apps are strongly in demand, have their niche target audience, and come with different independent ways of revenue generation. Privacy concerns of users is a primary weakness and users don’t really feel comfortable sharing their personal information on a new platform. The opportunities include ability to build a niche dating experience, whereas the threats include strong competition which makes difficult for a new app to foray in the already crowded landscape.
The cost of Tinder-Like app development
To put it straight, the cost completely depends on the development company, freelancer, and developers you hire plus the nature and complexity of features and functionalities you choose to add. You may have to pay anywhere between $50-55 thousand on an average should you hire the developer in East Europe as they charge somewhere around %50 per hour. Besides this, you may have to pay $10,000 to %15,000 per platform.
The cost will go up or down depending on the features you add or remove and the team you hire, for example, UI/UX Developers, Android Developers, Project Manager, QA Engineers, Backend Developers, etc. Not sure what all feature you would need in your Tinder-like app? Don’t worry, we are here to assist! Our team of app development experts will guide you step-by-step and our sales team will help you figure out the expenses you will need to incur to have such an app. Call or chat with us to discuss your Tinder-like app development requirement now! Or fill out the form to share your query and get an obligation free quote from our experts.
Disclaimer: Please note the data and information about Tinder and other apps discussed above is based upon online research and study and we nowhere claim it to be accurate. For each app, the requirements are different and the costs may vary, in turn. Hence, consult our experts before deciding further.
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