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Quotes for a Web Application!

A question from a friend who wish to create his website…

Interested to know more on what web development and design solution your company provides.

I am interested to build a website that needs some web applications embedded to it.

Generally, the website the website requires:

1) a simple main page
2) Search feature
3) An index board frame with info feeding from database which…
4) Member’s user account to log in to have feature of tracking…
5) Auto alert feature for members for certain criteria.
6) database that is able to store daily updates of information…

Hope to hear from you. May i know what’s the rough quote price or if you do provide this solution. Thx.

An answer from Pin…

I tried to figure out what is the goal of your website? Since you have members login, am I right to say that you wish to have more visitors to sign up as members? Do you wish to have those members to use features on your website more actively? Goals are conversion! Assuming you have 100 visitors a day, 5 out of them sign up and become your members. Out of the 5, 1 becomes active. The active member like your system very much and decided to pay the RM10 yearly fee.

If the goal of your website or business is to have visitors turn into members and eventually paying for the yearly fee, then your conversion rate is 1 out of 100, or 1%. This can answer to everything you need to know about your website, from cost to what features to include.

1. Get more visitors. If you have 500 visitors a day, you probably has 5 successful conversion, or RM50.

2. Increase your conversion rate from 1% to 5%. With same amount of visitors (say 100 a day), you now have 5 successful conversions, or RM50.

What is your estimated revenue from this website or web application? Any amount, mind to share?

Categories: Conversion.

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