The Wise Choice - White Paper WhitePaper_TheWiseChoice_Pages | Page 113

Revenue New users Total users People paying the App Total cost of the App (once) App Development Costs* Email Login Social Media Login Rating System Camera/Photos User Profile Messaging Search Social media sharing User Privacy Settings 2018 2019 1000 1000 100 $ 6.00 $ 600 5000 6000 600 $ 6.00 $ 3,600 7000 13000 1050 $ 6.00 $ 6,300 $ 4,600 $ 9,200 - - $ 9,200 $ 4,600 $ 9,200 $ 13,380 $ 13,380 - $ 4,600 $ 7,000 TOTAL $ 47,980 $ 22,580 $ 4,600 $ 15,000 $ 22,000 $ 10,000 17000 25000 $ 7,500 $ 10,000 19000 27000 $ 7,500 $ 10,000 TOTAL $ 47,000 59500 63500 TOTAL COSTS $ 94,980 $ 82,080 $ 68,100 $ 94,380 $ 78,480 $ 61,800 Operating Expenses Marketing Incentives Health Care Educators App/Web maintainance and hosting Administrative & Other Net Assets 2017 - Note: the costs have been calculated to create and App that will work on Apple, Google and Windows platforms + a website. *http://blog.projectionhub.com/projecting-startup-costs-for-a-mobile-app/ 113