Business Idea

Start A Robot Control App

About

Starting a robot control app requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell , or selling online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$274M
starting costs
$21K
gross margin
83%
time to build
10 months

About

Starting a robot control app requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell , or selling online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$274M
starting costs
$21K

 

gross margin
83%
time to build
10 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Equipment & Supply Expenses $500 $5,000
App Creation Costs $1,099 $20,099
Training & Education Expenses $0 $1,000
Software Expenses $150 $2,844
Advertising & Marketing Costs $0 $7,500
Website Costs $17 $275
Other Expenses $0 $300
Total Startup Costs $1,801 $40,268

Successful Businesses

Business URL Rank
Bosch Global bosch.com #25,720
Roborock US Official Site roborock.com #93,245
RoboDK robodk.com #304,895
Jugueterías TOYS tiendatoys.com #331,289
gita mygita.com #478,903
Sarcos Robotics sarcos.com #794,543
Trifo trifo.com #817,334
Freefly Movi gomovi.com #864,417
Motorized Precision – KIRA, an innovative new high-speed camera robot motorizedprecision.com #895,881
Hiwonder hiwonder.hk #906,028
A3 Association for Advancing Automation a3automate.org #970,448

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Rewarding work Starting a robot control app can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs To get your robot control app started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
Cons Description
Crowded Space Competition is high when it comes to your robot control app, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Security Issues With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.
Lack of benefits With a robot control app, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a robot control app, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a robot control app, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a robot control app, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.