How Much Does It Cost to Develop Dating Apps Like Bumble?

 

We are in a world where we seek love from mobile apps. And, why not? When mobile apps can help us do everything – from getting a cab in a single tap to helping us cope with our mood swings – why can’t we rely on them for finding us the love of our life?

Well, we can! And all thanks to Dating Apps like Bumble – where the actual magic happens.

Due to busy modern lives, nowadays, people don’t actually have the time to physically look for someone who can fit well in their lives. As a result, they turn to online dating and put dating apps like bumble on a direct route to increased revenue and profits.

Seeing this increasing potential of online dating apps, many entrepreneurs are now looking forward to investing in dating app development. If you are one of them –  this blog is for you! We will discuss everything related to Bumble Like App Development here to eventually find an answer to how much does it cost to make an app like Bumble. So, let’s get started.

What is Bumble and Why is it So Successful?

Bumble is one of the most popular dating apps in the market currently. This application can be used only on mobile phones and it provides an easy way for people to find other people for dating, networking, and friendship.

Bumble’s success story revolves around the unique functionality of this application, which empowers women by allowing only them to make the first move. Through this feature, Bumble has made women comfortable with its platform and has also proved to be beneficial for the men that do not always want to take the ‘driver’s seat’.

Bumble also supports same-sex relationships because if you match with the same-sex, this rule does not apply and anyone can make the first move. This uniqueness of Bumble made it the most popular dating application among youngsters of age in between 18-29.

In Bumble, you can swipe a profile left if you are not interested in it or swipe it right if you think it can be match for you. Once a match is made, women have 24 hours to make the first move. This feature makes the connecting process easier and much quicker. Bumble has much fewer reports of abuse and harassment as compared to its competitive dating applications like Tinder. With only 0.005% of reports, Bumble is doing extremely well in this area too. And that is its secret sauce for success.

Bumble came into the market after Tinder, which was already a well-established application in the dating world. But, it made its mark with its amazing strategies and robust platform. 

Along with Tinder and Bumble, there are a number of apps that are popular in the online dating industry and these are:

 

Hence, if you are planning to launch a dating app in the market, do not think that the market is empty and waiting for you. It is already acquired by giants. But, that doesn’t mean there is no room for you app. When Bumble can get its space in a market already occupied by Tinder – you app too can!

All you need is a robust application and some unique features that these already established players lack. There is always space for new ideas and engagement in the market! Let’s see more about why is it a good idea to develop a dating app like Bumble.

Why Is It Beneficial to Build a Dating App like Bumble?

Bumble’s CEO Whitney Wolfe, who was ousted from Tinder, changed the online dating culture through its app using unique features and referred to it as a ‘movement’. Each day, more people are going online to find a life partner. and dating apps are revolutionizing the dating world by changing the way people connect with each other.

As per Statista, the online dating segment revenue is estimated to reach US$1,754m in 2020 and is expected to show an annual growth rate (CAGR 2020-2024) of 9.3%, which will result in a projected market volume of US$2,505m by 2024.

By studying the above graph, it is evident that if you want to gain your share out of this profitable market, now is the right time to develop a dating application. To further back this fact up, let’s have a look at some other eye-catching statistics –

• The annual revenue run rate of Bumble is $200 million.
• By 2024, the number of users is expected to amount to 276.9m in the online dating segment.
• When it comes to dating platforms, approximately six-in-ten online daters (57%) say they have had an overall positive experience.

We can see that this industry is riding a growth wave. This is because dating applications provide users the ease to build relationships on the go. In their busy lives, it is much easier if they can connect with someone with similar interests or someone living nearby, and dating applications enable them to do just that!

With features like matching algorithms, location tracking, safe chat options, etc, dating applications have become the next big thing in the market. Hence, it is evident that investing in a dating application like Bumble is a profitable business decision that cannot go wrong if implemented correctly.

Are you wondering “How Dating Apps Like Tinder Work”? Well, if you are planning to start a venture in the online dating app market – it is crucial for you to know the Business and Revenue model of already established players in the market. Have a look at our comprehensive blog on Tinder Business and Revenue Model to get some insights.

Let’s now have a look at the must-have features of a dating app like Bumble to find dating app development cost.

6 Essential Features of a Dating App like Bumble

Although everyone interested in developing a dating app like Bumble should aim at providing uniqueness to the application. However, there are some essential features that should be a part of your dating application in order to match the market standards. Let’s understand these features –

1.Sign-in

Gone are the days when people used to indulge in long registration processes for using an application. Now, it is important that your application allows users to register using their Twitter, Facebook, Instagram, or LinkedIn account and start using the dating application. Hence, the Sign-in feature is a must-have for the latest applications.

2.User Profile Setup

An engaging and comprehensive user profile section is an absolute necessity in a dating app as it includes the hobbies and interests of the user with their bio. Going by the latest features, this should have a functionality to integrate relevant data directly from other social media platforms like Instagram or Facebook so that users do not have to spend much time on it. Through this section, users can go through the profiles of other users to get a better idea of their likes and dislikes.

3.Matching Algorithm

AI-based algorithms are prevalent in the latest dating applications which are fabricated by developers in a way that they are able to suggest matches based on location, hobbies, interests, age, etc. The relevancy of these suggestions will increase user engagement on your dating app. Hence, the efficiency of your dating application depends on how well you implement this matching algorithm in your app.

4.Geolocation

This feature lets the users select the location where they wish to find new people. It becomes very unlikely for people of different countries to meet each other, hence, adding this feature would enable them to choose the location of their choice to explore new connections.

5.Swiping Function

If you are planning to build the basic model of your dating application like Bumble, or other similar trending apps, then a ‘Swiping’ feature is necessary. It makes the matching process very simple as you ‘swipe right’ for the profile you are interested in, and ‘swipe left’ for the ones in which you are not.

6.Chat

Well-implemented chat functionality is very important in a dating app as it helps users to connect with each other. Make sure you develop an engaging platform for the same by adding stickers and GIFs options.

Tech-Stack Working Behind the Success of Dating Apps like Bumble

Having an efficient tech-stack lays the foundation for stable and robust application development. It is important that the development technology is flexible and scalable, so there is never any hindrance to your growth. Below-mentioned are some technologies that are being popularly used for dating app development:

This is a generic tech-stack that can be used for developing a dating app like Bumble. However, depending upon your feature requirements, these technologies may vary. Hence, before you set your mind to a particular technology, consult your dating app developers to make an informed decision.

Now that we have a decent understanding of dating app development, let us have a look at how much the same will cost you.

How Much Will it Cost to Build Dating Apps like Bumble?

The cost of development for any application majorly depends on its complexity and the features you choose to implement in it. With just the MVP features mentioned above, the cost of developing an application would be between $16k – $20k. This cost depends on the hours required to develop these features. Also, the hourly rates of developers vary for different countries and according to the expertise they have.

In addition to this, you would also have to invest in back-end development and application designing. The exact cost of this would again depend on if you choose a customized solution or build one from scratch.

In totality, the complete development and launch of a dating app like Bumble, with all the essential features, would cost you around $30k – $40k. However, if you choose to add some additional features in your dating app like Bumble to make it stand out in the market, this cost can go upto $50k.

Wrapping Up

Dating applications like Bumble are gaining popularity amongst millennials with each passing day. Hence, investing in developing a dating app is a profitable idea. For any application to be a success, adding unique features is very important as they catch the attention of the users and make your application stand out.

However, as much as it is important to brainstorm for unique features, it is also crucial that the basic features (as mentioned above) are present and are well-implemented. Your association with your mobile application development company can make or break your development game, hence, invest in the company that offers top-notch services and has a team of expert app developers.

If you are planning on implementing the idea of a dating app like Bumble, get in contact with Apptunix. With our diligent market research, we understand what is trending in the market and have the capability to deliver just the best!