1. Development Costs:
Software Development:
- Hiring Developers: ₹100,000
- Development Tools and Software Licenses: ₹50,000
Hardware Infrastructure:
- Server Costs (Initial Setup): ₹60,000
- Cloud Services (Monthly Subscription): ₹25,000
Third-Party Services/APIs:
- Payment Gateway Integration: ₹20,000
- SMS Notifications (Twilio API): ₹10,000
2. Marketing and Promotion:
Digital Marketing:
- Social Media Advertising (Facebook, Instagram): ₹80,000
- Search Engine Marketing (Google Ads): ₹60,000
- Email Marketing (MailChimp): ₹35,000
Traditional Marketing:
- Print Media Advertising (Newspapers, Magazines): ₹40,000
Promotional Campaigns:
- Launch Events and Promotions: ₹100,000
- Discounts and Offers: ₹70,000