You have an idea for a business application. As a first step, web application development is the ideal choice for a first-timer stepping into the online world. You can either go for an off-the-shelf or custom web application. A custom application addresses your unique business challenges and offers you the best benefits. An off-the-shelf application, on the other hand, is less painful and has more in common with your competitors.

However, a custom application, be it web or mobile, is considered more expensive comparatively. So, it’s common to ask if there is anything called a ‘profitable custom web application’? If yes, then how can you develop the most profitable custom web application? What're your key takeaways from this?

Prior to getting started with its answer, let’s see if application development, custom web application development, in particular, can be profitable or not.

Is Custom Web Application Development Profitable?

Yes, you can develop a custom web application without busting your budget. Businesses usually prefer custom application development services to establish their unique online presence. The application signifies their brand presence and credibility reaching out to a wider audience.

Well, all good things end at some point. The dream of a custom business application becomes a nightmare as it hits a roadblock. As a web application development company serving clients all over the globe for over 7 years, we’ve identified some of the major problems faced in custom application development:

• Lack of clarity in the requirements
• Poor project management
• Prolonged development cycle
• No fixed pricing models
• Trouble integrating the application to existing systems
• Continuous engagement leading to an unavoidable dependency on the chosen technology partner
• Over-priced upgrades

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