Costs, Features & Business Models in Creating A Bar Management App

Has bar management become the biggest headache for you? Are you still spending hours manually tracking bar lists and bookings? If yes, switching to a “bar management app” is not only a good business move, but also an immediate demand for the success of your bar. With the launch that nightclubs and bars generate approximately $ 259 billion in revenue each year and are expected to grow at a 1.9% CAGR, clubbing and boozing have undoubtedly become a modern American culture.

We have to tell you about the US nightlife and the ever-evolving competition that you have to face daily in the bar and nightclub industry. But we can all assure you that when other people are going to lose using a pen, paper, calculator or excel sheet to manage their business so you can have a game management app for your nightclub or restaurant. A well-planned bar management app can bring all of these benefits to your business from organized inventory records, innovative business insights to better business opportunities for operations and sales. With a strategically developed bar app, you can take full control of your bar and make better decisions to run your bar profitably.

Well, technology is everywhere and integrating the right tech-stack or hiring app development company at the right time for restaurants or clubs to take their business to new heights. No matter whether it is a pizzeria or casual food, we can notice technology everywhere. As the competition picks up speed, restaurants, bars and nightclubs are looking for new ways to retain old customers and attract new ones. Creating a bar management app is one of the best ways to prepare your business for market changes and stay ahead of your competition.

Bar & Nightclub Industry Snapshot at Macro Level

Before you dive straight into the app development process and learn how it can benefit your business, let’s take a look at a bigger picture of the market:

Essential Bars and Nightclub Industry Statistics

Bars and nightclubs in the US generated revenue of approximately $ 24 billion each year.
7 million people regularly buy liquor at a bar or nightclub.
More than 2 million people visited a bar or a nightclub located in a casino.
Currently, 62,500 bars and nightclubs are operating in the US-based industry in active form.
The bar industry is growing at 2.9% yo.
The tavern is making over 30% of the bars in the US, which is considered the most important segment of bars.

In summary: These trends and analytics show that bars and nightclubs are booming – as revenue is increasing, customers are spending more, people have started moving more often. On one hand, the industry is growing at its best. On the other hand, new businesses entering this industry face all these challenges.

However the challenge of owning a bar or nightclub that takes $ 850,000 + to start this business is already there, so bar management makes the best impact on the community by developing an app.

Bar Management App and It Works

The bar management app is a simple software application designed with advanced level features so that you can manage the daily tasks of running a nightclub or bar more efficiently. So instead of spending hours managing bar inventories or reservations, a single bar management app can help you fix everything from offer announcements, happy hours, pre-booking deals. Technology-integrated bar management solutions are designed to meet the needs of the nightclub industry and increase efficiency in all aspects.

The app is ideally developed for restaurants, bars and nightclubs with many features, even simple enough to reach even small bars. These point-of-sale solutions have been developed for cross-platform (Android and iOS), making your server mobile and convenient to use and enhance the customer experience by eliminating wait times.

Therefore, all you have to do is to hire app developers who can help you build the right app. By using the bar management app, you will have better control over your entire bar operation. This allows you to automate daily tasks, keep track of tasks and stay on top of changes. Bar management app developed with an easy to navigate user interface to make users feel comfortable and allow administrators to manage and manage reservations in a hassle-free manner.

The admin feature of the app measures all in-house data related to total booking, reservation, sales, stock and growth insights.
The app’s reservation feature provides a user-friendly display of all reservations and their stats.
The staff facility will show all staffing schedules for assigned stations.

Further, the app is integrated with many tools that allow bars, nightclubs and lounges to manage their events and reservations according to their table arrangements, floor plans, customer relationships, staff assignments, guest lists and more.

To get more control over your operations, using the bar management app, here’s how it usually works:

Place a command by the user with a simple touch on the application.
Make a reservation at a bar or nightclub or restaurant using valid coupons or during happy hours.
Payment processing can be done in advance by taking advantage of multiple payment gateways.
Provide an electronic receipt to confirm payment and reservation.
Take advantage of advanced features such as HD quality image gallery, 360-degree view of the venue, live bar location and more.

Apart, it all depends on your business requirements and budget and how complex app structure you will need for your enterprise.

Bar Management Software makes your Business More Profitable

The bar management app is a lot more than managing your bar and gives you the best platform yet to generate potential business revenue generating opportunities. While bars and nightclubs are the most lucrative industries to start, what if you cannot involve customers in your business? How do customers know about the best display menu item? If you do not know the answer to these questions, you are probably missing a potential segment of the market. Before you hire a software developer, let’s understand how it can add a competitive edge to your business and give you real information in the market.

Here is the following discussion about how a management APP can make your business profitable:

Minimise the Risk of Error in Database

Keeping track of bookings and inventory with pen and paper can cause human errors and you may lose business. However, with one click on the application, you can get the exact information of your bar at the end of each time. Through the admin access of the app, you can determine how much product is used, sold, and how much stock is left in the house for the next shift.

Analyse Business Performance

Feeling Tired to keep your nightclub weekly records in Excel sheets? If yes, then a Bar management app will be an excellent option for you. It comes with a unique report feature that tracks all valuable information such as the amount of bar spills, your monthly booking, sales and more. With a one-time management app, you can access data to reduce costs and improve customer services.

Save Valuable Time

Since running the bar is not enough of a challenge, you have to manually handle and manage the bar data. The valuable time you have to manually do the calculations, reservations, and business progress will take valuable time. Instead of manually entering each item and its details in a spreadsheet, it is better to let your bar management app manage data automatically, adding stocks, inventories, processing orders, reservations, and more.

If all of you are convinced to get started with your bar management app, then it is simple to hire a mobile application development company and start rolling in this thriving industry. But only by having the best app development team will you not work. You should have an app idea and feature set and technology that you want to leverage in the application. So let’s know how to develop your app.

How to Develop A Bar Management App?

There are many guides available on the Internet explaining the lifecycle of app development, but before falling for that idea, keep in mind that every business has different app requirements, target audience, and budget. So let’s understand how to create a management app that helps you stand first in the competition.

Here’s a step-by-step guide to creating a bar management app for your business:

1. Mark Research and Define Your Business Goals

No matter how great an app idea you have, it makes no sense if it has no users. So before you start building your bar management app, make sure to do market research and analyze the data to find out exactly what it is, does it help you meet the end needs of users and it How to help your business grow. As you plan to develop a bar management app for your nightclub, bar or restaurant, so you need to pay attention to these questions:

Are you developing a business bar management app or looking for an aggregator model?
If you are looking for an aggregator business model, then set a parameter to collaborate with other business owners.
How complex will your app be, and how long does it take to launch an app?
In which budget are you ready to invest in the app? Will it be for customers only or will it also be for staff shift or management of tracking inventory?

App development planning is the key to success; Therefore, it is worth hiring a mobile app developer that can help you gather information and enable you to get started correctly.

2. Choice of Operating Platform

The next step is to decide the platform to launch your app: native Android / iOS or both. Generally, Java, Swift, C ++ are used to develop native iOS or Android applications and Flutter, React Native, Xameric, Ionic are mainly used to build cross-platform applications.

If you are confused about how to make the right decision to choose a suitable platform, then first of all understand your audience. Since, people between the ages of 25 and 45 regularly go to bars or nightclubs; So they should be iOS and Android users. And presenting your app on only one native platform means that you are missing the potential user segment of the other platform. So it makes sense to hire a software developer for cross-platform application development that enables you to build an application that runs on multiple platforms with basically the same codebase.

3. Features & Functionalities to develop Bar Management App

Although app features and functionalities eat up the most important segment of app development cost, it is also an important element that determines how successful your app will be in a competitive market. While various mobile applications are already available in the App Store, you need to move forward in the market by integrating the specific feature set in your app.Here are the essential features that you will have to integrate into the bar management app. But to go beyond these features, it is recommended to appoint a mobile app development company. That can fit your business needs and budget, and you can create an application that will help you meet your goals.

Key Features For Bar Management Application are as follows:

Table Reservation: Add the option to reserve the table at a convenient time to avoid long waits.
Booking tickets for the event: Add the provision to book a slot for the bar counter and purchase tickets for the event that most lounges, bars or nightclubs usually organize on weekends such as DJ Nights.
Photo and Video Gallery: Provide a glimpse of your location through high-quality photographs so that customers get an idea of the ambience of the place and without a doubt reserve a table.
Push notifications: Keep your customers updated with the latest offers such as happy hours, pre-booking discounts, cashback offers, deals and more.
Social Media Sharing: This feature will help users to share their experience with others on social media networks and enhance your branding.
Payment Gateway: Encourage users to make advance payments using multiple payment options, including credit / debit cards, in-app wallets and more.
Loyalty Points: To encourage users to pay in advance, you can reward them with loyalty points on every booking and those points can be easily redeemed on the next billing.
Jio Auto-Sharing Message: Add a feature to your app to send messages to customers when they are near their location and book a table with the best offers.
Sending auto reminders: Customers are required to send a reminder message before their appointments and booking.
QR Code Scanning: If the customer refuses to pay in advance and asks to be paid at the table, add the option to scan the QR code for quick access.

4. Hiring a Mobile Application Development Team

Now you have an app idea, a list of platform features and favorites – all you have to do is hire a mobile app developer. Which can transform your app’s idea into a scalable, robust and flexible product by integrating the right methods, techniques and tools. Many of you are wondering whether you should develop an in-house app development team or outsource it to developers. Well, the truth of the fact is that 40% of organizations choose to outsource to a software development company as it helps them achieve a right solution and enables them to focus on their core goals.

To develop a bar management app, you need a team, which is as follows:

Project Manager
Business Analyst
Backend / Frontend Developer
UX / UI Designer
Quality Assurance Engineer

The hourly cost of hiring programmers, designers and developers typically starts at $ 20, $ 100 and $ 150 + in India, Europe and the US respectively.

5. Monetize YOUR BAR MANAGEMENT APP

How to profit from your application is one of the pressing concerns of organizations. So here is the best monetization strategy that you can implement for a bar management app. The aggregator business model is a network model where you can collaborate with multiple bars, lounges, night clubs and restaurants to provide services under your brand name. Using this model, you can provide the same quality and value to customers offered by different partners.

Using the aggregator model is a win-win monetization strategy as it helps to market your brands and allows you to make money on services offered by other nightclubs. Integrating the aggregator model into your app can be a bit misleading for startups, so they may consider hiring a cross-platform app development company to get started early with the product.

6. Cost To develop A Bar Management App

It is always difficult to provide an estimation of application development costs because many factors affect the final application development cost. The complexity, features, and functionalities of the app, from the app development team to the technologies used in app development, are hundreds of things that add up to the cost of your project. According to statistics, the initial cost of app development can range from $ 37,000 to $ 50,000 + and it can go anywhere from $ 100,000 + depending on various factors.

So the simple way to get a real-life estimate is a software development company that works with a team of experts who analyze your project requirements and provide estimates accordingly. In addition, you can apply this formula to calculate the final application development cost:

Developer Per Hour Cost * Total Number of Development Hours = Final Cost Estimates

Conclusion

Bars and nightclubs have become a staple for American culture. With this blog, you have understood how fast this industry is moving forward and increasing competition between nightclubs and bars. Therefore, we have elaborated on the baseline of the app’s idea, its development life cycle, the cost of development, and all the criteria to help you expand your business. You can easily get started with your bar management app by taking help from a mobile app development company.

Nevertheless, if you have any doubt on any point of this blog, you can contact our profile and us for expert help and solution.

April 26, 2021April 26, 2021

Important Trending Facts That Explain The Future of Web Development

Web developers work in an atmosphere which is constantly evolving and needs to customize the latest development. A website development company is important to stay updated with the latest trends, techniques and approaches. They need to move technologies and optimize with the most important trends to stay ahead. Technology advancement has made great progress in the last decade. Some technologies started in the last decade still need to adopt comprehensive acceptance and industries. Some latest IT industry trends which will speed up in 2021 and have been discussed below:

Single Page Application

The single page application (SPA) works inside the browser and does not require page reloading during use. SPA content uses the JavaScript framework for loading which offers some amazing benefits such as UI / UX to focus on the efficiency of the caching process, the efficiency of the caching process, and save bandwidth. We use SPAs in our daily life, including Facebook, Gmail, Twitter, Google Maps and GitHub.

Single page websites are very easy to navigate on mobile phones that people are used to accessing websites and applications these days. These websites assist businesses in reaching their target audience with limited content and minimal design.

Webassembly Programming Language

The boundary with Javascript is that it slows down the calculation and slows down the user experience. This problem facilitates the interface between programs and their host atmosphere that can be removed from the use of web assembly portable binary-code programming language. It works independently from programming language and platform hardware, and provides high level protection and executes the code faster.

Progressive Web Application

Progressive web applications (PWAS) are all about reliable and smooth user experiences. These capabilities are made with modern APIs to increase installation and reliability, which provides cross-browser compatibility applications. PWA offers the best of both worlds- the convenience of the original app and classic website. PWA works offline because it has free connectivity and helps to reduce bounce rate. Examples of PWA include Uber, Instagram, Pinterest and Forbes. PWAs work very well in offline mode and offer users offline experience such as Google Maps. Web app development company stores the stable files of the site in the web browser cache. When a visit goes to the websites, the site receives those static files and servers are good.

Mobile Design UI

Motion design UI will be one of the web development trends in 2021. It uses a simple design with sophisticated interaction which provides users a fascinating and interactive look. With the help of AMP, speed design can be easily implemented without the loss of download speed. Motion design easily broadcast navigation, slow load time and makes navigation easier. Due to speed design UI, elements such as page header infection, pull-down menu and pop-up are possible. This website makes it fun to browse while bringing significant elements in the user’s focus. Content and page hierarchy can be set so that users are not distracted by heavy gradants and are able to focus on what is most important for them.

Low-Code & No-Code Development

Developers will use low code and no-code development to organize the workflow and reduce their workloads. No-code tools reduce the barrier to entry with the visual programming interface and reduce the drag-and-drop tools to facilitate those codes. 2021can see a code development application such as bubble and airtable as a clear winner.

AI- Powered Chatbots

The demands of AI powered chat fort will grow in 2021 because websites will be more focused on the creation of AI powered Chatbots and virtual assistants to provide advanced customer experience. Chatbots users provide sharp feedback without manual attendance and help businesses to reduce customer drop-off rates.

Furthermore, the ADI tool that has now been launched allows automated website development that can be further customized according to web developers. Since chatbots are trained on the data collected through a series of connectivity to users and use natural language processing (NLP), they can negotiate more reliably with human users.

Seamless Equipments through Cloud Computing

Given the current global circumstances where many businesses are based on remote solutions, cloud computing will help develop such businesses to uninterrupted equipment.

Voice Ecommerce

Voice commerce will be one of the fastest growing web app development trends to come in 2021. Equipment such as Alexa of Amazon have used speech recognition technology which has changed the revolutionary changes in the way people find the internet. Users can now get information with functional words instead of simple two-three keyword phrases. These are questions like “what will happen today” and “pizza order for me” from human users. Just pass the order and it gets there in a very short time.

3D Visualization

More websites and blogs will be powered by realistic 3-dimensional scenes, which bring life to elements on the screen and make a breathtaking user experience. 3D Visualization will not only be in trend for gaming sites but also business websites will also take advantage of the trend.

Blockchain Technology, mobile-first design, artificial intelligence, server-free architecture, dark mode website and progress in Headless CM will continue to grow in popularity in 2021 and beyond.

April 14, 2021April 14, 2021

Top Business Benefits of Blockchain Technology

Many people associate blockchain with cryptocurrency bitcoin. Yes, it is true that it was the success of bitcoin that gave the world insight into blockchain technology. But bitcoin is just one example of a blockchain app. Many other areas can benefit greatly from blockchain development companies. Businesses, in particular, can take advantage of this technology to reduce their costs and increase accountability.

In addition to global supply chains, financial services, healthcare, government and many other industries, innovators are finding ways to use blockchain to disrupt and transform traditional business models. Many industry leaders have already achieved significant business benefits, including greater transparency, increased security, better traceability, increased efficiency and speed of transactions, and lower costs. Blockchain development makes it versatile to be used in many industries today, thanks to features such as efficiency, encryption, and decentralized governance. Here are some industries that benefit most from blockchain app development.

Benefits of Blockchain Technology for Businesses

The basic benefits of blockchain technology are decentralization, irreversibility, security and transparency.

Blockchain technology allows verification without relying on third parties.
The data structure in a blockchain is appendix only. Therefore, the data cannot be changed or deleted.
It uses protected cryptography to secure data crypto. Also, the current account relies on its adjacent complete block to complete the cryptography process.
After the process of maximum trust verification, all transactions and data are linked to the block. All leader participants agree on what is to be recorded in the block.
Transactions are recorded in chronological order. Thus, all blocks of the blockchain are stamped in time.
Leaders are distributed to every node in the blockchain that is a participant. So, it is distributed.
The transactions stored in the blocks are contained in the millions of computers participating in the chain. Therefore it is decentralized. There is no possibility that the data cannot be recovered if it is lost.
Transactions that occur are transparent. Individuals who are granted authorization can view the transaction.
The origin of any book can be tracked along the series up to its point of origin.
Since various consensus protocols are required to validate the entry, it eliminates the risk of duplicate entry or fraud.
With smart contracts, businesses can pre-determine conditions on the blockchain. Automated transactions begin only when conditions are met.

Precautions to be taken while investing in Business

All businesses that are willing to invest in blockchain technology must first do a strategic assessment to see if it is actually possible for their business model. Many companies may not see a return on their investment in the initial years. Any unstructured implementation of blockchain technology can lead to strategic failure. Thus, it is advisable that companies conduct granular assessments at the use-case level to determine which applications can be driven with blockchain technology. The points at which it can be applied must be identified and its effect evaluated with specific use cases. A correct strategic approach is one that is required to reap the maximum benefits of blockchain technology.

Industries where blockchain development can be implemented:

Blockchain development can be applied in practically any industry. Agriculture, banking, healthcare, education, e-commerce, property, mining, retail, transportation and logistics, media and entertainment, automotive – the list goes on. A deeper understanding of its implementation will gain areas where it can be implemented and in what ways.

Blockchain Architecture for Business:

Blockchain architecture includes public and private options. Publicly, anyone can learn and understand. Publicly blockchain can only be secured by allowing authorized participants to write. In a private-based blockchain ownership model, only authorized participants can join and read and understand. Here too, the write option can again be assigned to only a few. The type of blockchain architecture will depend on the type of business and the area where it is to be implemented.

Advantages of Business Blockchain Technology

Winklix is an established Blockchain Development Company, providing blockchain development services worldwide. We have brought the latest technology and best blockchain app developers on one platform, from where they can help you build your decentralized blockchain application. Now that we know the benefits of blockchain technology, let’s take a look at how it can help businesses. Blockchain technology is mainly used to store records and transactions. Lasers may contain static or trade-able information.

1. Static Registry:

Here the laser contains records that are stored as reference purposes. For example, take the title of land. There are several issues regarding title ambiguity. With blockchain technology, records once stored cannot be changed. Any change is a time stamp. In the event of a dispute, the title can be tracked by way of origin. Other places where it can be used are in patents, research articles and food safety and basic leadership.

2. Identification:

This is similar to a static registry. But this creates a different case as identity-related information is stored. The sections that can be used are for identity fraud, voting, civil registry, police records and court cases.

3. Smart Contract:

Here, a set of predefined conditions must be met if the transaction is to be validated. Upon meeting the conditions, the action is automatically triggered. For example, say in insurance-claim payments. The insurance provider may determine the conditions to be met for insurance claims. This amount is transferred only if the consumer’s claims meet the conditions set out in the contract. Other areas where this can be implemented are music releases, cash-equity trading, etc.

4. Dynamic Registry:

In this case, the ledger keeps updating as goods / services are exchanged on the digital platform. The best use case is a drug-supply chain. The supply of medicines from the manufacturer to the distributor and finally can be mapped to the drugstore. The updates provide information about the speed of the drugs and can be used to stop the supply of counterfeit drugs in the market.

5. Payment Registry:

It is a dynamic registry that updates over the network in the form of cash or cryptocurrency payments. It is beneficial for international payments in business.

Conclusion

There are already whispers in the business corridors of how blockchain technology has the potential to disrupt existing models. The blockchain is to be commissioned with the objective of driving operational efficiencies. If implemented properly, blockchain technology has broad implications, undoubtedly, positive. A team of blockchain developers, designers and marketers who specialize in this technology and employ prerequisite tools and languages to develop a decentralized ecosystem for your brand. Our highly skilled blockchain developers have excelled their skills to work with multiple platforms including ethereum and persistence, and thus provide you with a wealth of options and solutions when planning to step into this world.