People are so hectic due to their lifestyle and in this distracted time, they do not have enough time for a book to give a read. Bibliophiles have nothing to worry about though, when they have audiobooks are there to rescue them. After seeing the huge success of Audible in the market, the revolution of the audiobook truly here.
Audible is the subsidiary of Amazon and it is becoming the most popular platform for selling audiobooks. Along with the audiobooks, it also shares the podcasts, magazine, and newspapers in the audio format. The current collection of audible stands at a mammoth of 450000 titles and it is also growing fast.
In a report, it is shown that the growth of audiobooks is 20% which makes this platform a creative business opportunity. There are many entrepreneurs who are showing their interest in developing an app like audible. This article will help you and tell you the estimated cost to build an app like audible.
Business Model for the Audible like App
The business model must be followed by the app like audible is quite distinct from the usual subscription models because it provides more choices for the users. Here are the basic and main two models for generating revenue from the audible like app
Subscription Model
An app like audible usually takes monthly subscription charges from its users and in return, it gives you access to go through the thousands of audiobooks that are available on the app in the form of podcasts, magazines, newspapers, and many more things. When the users pay the monthly subscription fee of the app, they will get one credit, that allows the users to buy any available title using the credit.
Audio Book Selling Model
This is the business model of audible is for selling the audiobook. In this business model, like any other online book retailer, the company also trades its audiobooks. Users will log in to the app and select their favorite title and pay for it and they will get access to the audiobook.
Key Features in the App like Audible
User Panel |
Admin Panel |
Advanced features |
Login |
Manage Subscription | Variable Speed |
Registration |
Add/Delete Audiobook | Integration with various devices |
Play/Pause the book |
Manage Advertisements | Social Media integration |
Background play |
Manage Extra Content |
Social sharing |
Save for Later |
Audio & Text Together |
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Newsfeed & Interviews with the authors |
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Push Notifications |
Required Tech Stack to Develop an App like Audible
Mobile SDK | Android, iOS |
Real-time Analytics | Big Data, Google Analytics, Hadoop |
Location tracking | Google Maps, Apple Maps |
Notifications | Twilio, Push.IO, Map, Amazon SNS, AdPushup |
Payment Integration | Braintree, PayPal, Stripe, Ewallets, Ebanking, net banking |
Cloud Storage | Google cloud storage, amazon cloud storage |
Streaming Protocol | Microsoft smooth streaming, Apple HTTP live streaming, Adobe HTTP Dynamic Streaming |
Databases | MongoDB, Hbase, MySQL, Cassandra |
Media Formats | MP4, MKV |
Media Containers | MP4, FLV |
Messaging | Firebase, Twilio |
Estimated cost to build an app like Audible
The cost of developing an app like audible relies on lots of things. This list includes the number of app features, the complexity level of the app, functionalities, number of third-party plugins, and the country from which your app development agency held. While estimating the cost of the app like audible, you should also make a note of the cost of hosting the app, the cost of publishing the app on the play store, even the cost of maintaining and updating the app.
After reviewing the whole it is not possible to find the exact cost but the estimated cost of developing an app like audible cost up to $8500-9800 or for more details you can contact our sales team.
Conclusion
If you reach till here we hope you get the idea of the development process of the app like audible. From the above points, it is sure that it will reduce the time in the development and hassles faced during the app development phase. You can easily build a world-class app using high-class expertise. This will save your time and obstacles to gather an in-house app development team.
Till then, stay safe, stay at home, wash your hands, and be happy
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Toddles!!