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How much does it cost to develop a social network?

Posted on September 2, 2022 by Author

How much does it cost to develop a social network?

7. How Much Does It Overall Cost to Build a Social Media App in 2021?

What is the most expensive social media platform?

Each of the companies listed in the chart below is valued based on their most recent sale price, valuation, or market cap.

  • 1. Facebook – $434 billion (market cap, as of writing)
  • Snapchat – $18 billion (market cap, as of writing)
  • Pinterest – $11 billion (as of last round of fundraising)

How much did it cost to create Instagram?

Instagram got its initial funding of $500,000 to build the first product version. The project received $57,500,000 in total and ten investors.

How much would it cost to build Facebook?

3) Facebook “If you asked me to build Facebook.com for you, I would quote you $500,000 and nine months of development and design time,” says Schippers. “Others would say one million or a much bigger number.

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How much did it cost to build LinkedIn?

Usually the hourly rate is from 50 to 120 dollars in North America and Europe, from 40 to 80 in Eastern Europe and around 30 dollars in Africa. Consequently, the cost of developing a LinkedIn-like site in America and Europe starts at $ 80,000.

How much does 1000 impressions cost on Facebook?

Facebook advertising costs, on average, $0.97 per click and $7.19 per 1000 impressions.

How much does it cost to run an app like Facebook?

The cost of an App like Facebook lies between $5000 to $17,000. You can also customized your app according to the features you like.

How much does it cost to make an app like Twitter?

How much does it cost to make an app like Twitter? It will cost you more than $115,000 for the development project of an app like Twitter. The price will continuously rise when you factor in experts like marketers, and if you intend to create a complex Twitter app.

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How much did TikTok cost?

Keeping all the above factors in mind, the mobile app development cost should be around $80,000 to $100,000 to create a TikTok like an app with all the latest functionalities.

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