How much does it cost to develop an app like LinkedIn?

Well, this article helps you in knowing social media app development? How much does the LinkedIn app cost? What does it take to create an app?

If you want to know about difficult things, it is better to presume the same things.

Are you aware of social media apps like LinkedIn, WhatsApp, and many more?

Now, let us learn how to develop LinkedIn like an app by breaking down it into small chunks. The small pieces will give you in detail view about each process.

Social networking apps are not for communicating with family and friends. Currently, corporate companies are using social networking platforms for growing their brand value and reach in the market.

If you are planning to develop a LinkedIn mobile app, make sure you find answers to the below questions, how to build an app like LinkedIn? What are the key features that want to include in your social media app?

  • Overview of the LinkedIn:

LinkedIn is the world’s largest professional network app developed in 2002.

Founders of the social network site are Konstantin Guericke, Jean-Luc Vaillant, Eric Ly, Reid Hoffman, and Allen Blue.

It is an app used to build a professional network for both the employee and the employer. It helps to create a professional identity for a user. It also used for access knowledge, engage customers, and to find the opportunities.

Brief on real cost of mobile app read here@ How much does an app cost?

Company History:

  1. 2002- LinkedIn started.
  2. 2003- LinkedIn officially launched.
  3. 2011- It become the publicly traded company.
  4. 2013- It reached a milestone by reaching 225 Million members.
  5. 2016- LinkedIn acquired by Microsoft.
  6. 2017- Microsoft launched the most massive desktop redesign.
  7. 2018- Introduced a new feature called “LinkedIn talent insights.”

 Key statistics:

  • It has reached to 630 Million LinkedIn profiles as of 2019, among 200 counties & territories.
  • Every second, two new professionals are adding to the site.
  • Currently, the app available in 24 languages.
  • It has more than 1.5 Million groups, 14,000 employees, located in 30 cities around the world.

If you look out at the regional membership:

  • 177 Million- North America.
  • 198 Million- Europe, Middle East, and Africa.
  • 165 Million- Asia Pacific.

Economic graph:

More than 30 Million companies registered.

20 Million Open jobs.

90,000 schools & 35,000 skills listed.

Every student from the USA will have an account in LinkedIn.

The below image will give you the clear view of the comparison between this social networking app with the other.

Revenue breakdown by social network

  • Revenue of LinkedIn as of (2017-2019) FY.

LinkedIn Revenue 2019 - 2020

I hope as of now, many thinking to clone this professional website like LinkedIn because of its demand, reach, and revenue.

Before development, you must consider these three building blocks for a successful business website like LinkedIn and app.

  • Magnet
  • Bridges

Looking out to develop a social network app like Facebook, LinkedIn, Snap chat etc here is the brief guide on: How much a social network app development cost?

  • Key features:

Now, it’s time to know the features of the social network mobile app, because they are decision makers.

It will be in enterprises hand what features they want to place in their social networking mobile app.

  • Registration:

It is the primary and foremost feature of every social media networking app. Registration can be done using a mobile number, Google, and Facebook account.

You can sign up as a Jobseeker or a business person. If you want to add more sign-in features, you can add it for your app.

 

  • Personalization of profiles:

After the signup process, you can personalize your information. The information is crucial because it helps to frame the relationships between the job seeker and employer.

You must include profile name, company name, personalization tools, education & experience information, and geographical location.

It helps the companies to select the best suitable candidate based on education and experience.

  • Search engine:

The search engine helps you to find the target people by providing search results. It is an open source app where you can search with the help of specialization, name, and keyword.

In this app, we can search based on location also.

Make sure this feature included in your mobile app. It helps in matching the right candidates to the employers and vice versa.

  • Push up notifications:

It is another feature you must include in while developing a mobile app like a LinkedIn. The cost to start an app also depends on this feature.

These notifications help us to get notified whenever we get some requests, trending news, and messages from the other users and companies.

For the notifications, LinkedIn will use Air traffic controller.

  • Live Chat:

It helps to communicate between various users with the help of live chat in real time. By which companies and users can interact with each other.

It eliminates the interaction of third parties between the communications. It is better to consider this feature while developing an app like LinkedIn.

Read more on : Cost of a social networking site/mobile app to develop?

  • Newsfeed:

Every social networking mobile app/site will include this feature in their mobile app. The reason to implement newsfeed is to increase user engagement.

The newsfeed consists of images, trending news, inspirational & informative videos, and articles. The newsfeed will give different results to different users based on user interests, likes, and previous actions.

LinkedIn uses “Follow feed” to provide a better newsfeed experience.

  • Live video broadcasting:

It is the advanced feature of the LinkedIn which came into operation since February 2019. In the initial beta version, only the broadcaster can invite the people.

View: Want to become LinkedIn live video broadcaster?

These are the new features which you must include in your professional social networking mobile app, adding additional features will depend on the particular enterprise.

  • Business model:

Before you reach to the mobile app development company, it is better to think about the revenue model/business model of your app.

The LinkedIn will make revenue from multiple methods:

Talent solutions

Marketing solutions.

Premium subscriptions.

  • Talent solutions:

LinkedIn will get almost 65% of its revenue from the talent solutions. The talent solution includes:

  • Recruiting tools.
  • LinkedIn Recruiter.
  • Job Slots.
  • Career pages.
  • Marketing solutions:

With the marketing solutions, LinkedIn will generate revenue of 18%. It includes various solutions such as sponsored ads, LinkedIn ads, display ads, ads API, and sponsored emails.

Example of LinkedIn ads:

Sample LinkedIn AdsPremium subscriptions:

It is a premium service created for users and business enterprises. It has various LinkedIn premium subscription packs:

  • Premium Career.
  • Business plus.
  • Sales Navigator.
  • Recruiter lite.

LinkedIn Premium subscriptionLinkedIn premium will help you in getting to know about application insights, who viewed your profile, on-demand learning, and monthly email.

You can provide the premium LinkedIn service free for one month.

There is no guarantee to follow the same business model as LinkedIn. You can add some more revenue models for your app.

How much does it cost to create an app like LinkedIn?

The foremost thing that comes to every business person or enterprise before going to develop a social networking app.

The cost of an app will depend on various factors such as type of vector, functions, complexity, and design.

  • App platform:

The development cost will depend on the platform you choose, such as basic, medium, and high end. The app development cost also depends on the hours of development.

So, choose the platform based on your app requirements. The average time to develop a Medium app platform will take you around 1600 hours.

  • App Design:

The next factor which affects the cost is App design. Make sure your app has perfect UI/UX for the convenience of the user.

If you want a simple app design, then it will cost less when compared with the high-end model.

  • App team:

It is another crucial factor which will decide the LinkedIn like app cost. For the business people also it is difficult to find the right mobile app Development Company and team.

For developing a mobile app we need:

  • Project Manager.
  • Requirement analyst.
  • Web developers.
  • QA engineers.
  • Mobile app developers (IOS and Android)
  • UI/UX designers.

The app team will charge the price based on their geographical location. Make sure you choose the mobile app development team who can deliver you the best project within the budget.

If you look after the developer cost based on the geographical location:

  • USA developer cost: $50-250/hour.
  • Developers in India: $10-80/hour
  • Developers in Eastern Europe: $30-150/hour

The cost of an app like LinkedIn is calculated using the number of hours to develop multiplied by the value of developer per hour. It is better to opt for the Indian mobile app developers because they will cost less when compared with the other countries developers.

It is the variable cost given based on the functions and features of the LinkedIn app. It will cost you around $15,000-25,000 for a single platform. If you need another platform, it will cost you more $25,000.

I hope you are satisfied with the given information regarding how to clone a mobile app like LinkedIn.

If not, please contact us to clarify your queries.

Our professional team already developed social networking mobile apps like LinkedIn. We are the top most mobile app development companies around the world.

Please reach to us. We are happy to serve you.

 

 

 

 

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FuGenX Technologies is a leading mobile app and game development company in India, delivering quality-driven mobility services across the world. We have been crowned with many global technology awards, including the Deloitte Technology Fast 500 Asia Pacific & Fast 50 India, for pioneering high-quality products and ideas in the mobile space.