The best ways to earn money with mobile apps
Ways to generate income with mobile apps
What's the key to success as a mobile developer?
Look at giving people a great value proposition. If you're making games, they have to take ultimate benefit of the mobile experience. Angry Birds is the most efficient example of this. The gameplay is easy and you only need a few minutes to play to the next level. It's ideal for mobile. Sustaining results in digital media is more difficult, we've seen big companies fluctuate in only a few short years. Being flexible enough to evolve is key, but you also should establish a strong sense of what works in digital and follow it.
Whenever you have an idea that works, then what? Exactly how do you convert that into profit?
There are four solutions to profit with apps. The most common is through paid downloads, in which you put a fixed cost for your app, buyers purchase it, and then the order usually stops there. You could even find an exclusive promoter for your application. It's not the most economically sustainable approach of monetizing, however it can help you develop yourself sufficiently to create your next app a financial success. Then, there are the increasingly prominent in-app purchases, where your subscriber might not have to pay for anything at the start (free of cost), but will have the opportunity to make purchases within the app to enhance the experience.
You can offer advertising and marketing space within your app. Provided you have a fantastic match between app and marketer and an installed base big enough to uphold the volume of impressions needed for earnings, this can actually make you much more money than you can with a pay-per-download model. I often suggest developers mix and match models to their appropriate application business. The additional monetization techniques you can apply, the more dollars you will gain.
What about promotion?
With well over one Million apps worldwide, levels of competition is intense. You can have the greatest app in the world, however if you cannot get the word out about it, no person's going to install it.
Should I worry about piracy?
If you're developing apps for iOS only, you wouldn't really need to stress over it. Apple is dedicated to copyright and has produced a good job at guarding the eco-system. Of course Apple isn't the only player in the game, and piracy is becoming an issue with Android apps. If you don't create for Android you're missing out on a large segment of the market place. In a current Mobile Insights Study, which covered August through October of 2011, we found that 31.1 % of mobile ads were shown on an Android device. Piracy is also not an issue if you ad supported apps. In addition, unlike iOS apps, Android apps are accessible through many different stores globally, so your possibility for exposure can really be even higher.
What's the key to success as a mobile developer?
Look at giving people a great value proposition. If you're making games, they have to take ultimate benefit of the mobile experience. Angry Birds is the most efficient example of this. The gameplay is easy and you only need a few minutes to play to the next level. It's ideal for mobile. Sustaining results in digital media is more difficult, we've seen big companies fluctuate in only a few short years. Being flexible enough to evolve is key, but you also should establish a strong sense of what works in digital and follow it.
Whenever you have an idea that works, then what? Exactly how do you convert that into profit?
There are four solutions to profit with apps. The most common is through paid downloads, in which you put a fixed cost for your app, buyers purchase it, and then the order usually stops there. You could even find an exclusive promoter for your application. It's not the most economically sustainable approach of monetizing, however it can help you develop yourself sufficiently to create your next app a financial success. Then, there are the increasingly prominent in-app purchases, where your subscriber might not have to pay for anything at the start (free of cost), but will have the opportunity to make purchases within the app to enhance the experience.
You can offer advertising and marketing space within your app. Provided you have a fantastic match between app and marketer and an installed base big enough to uphold the volume of impressions needed for earnings, this can actually make you much more money than you can with a pay-per-download model. I often suggest developers mix and match models to their appropriate application business. The additional monetization techniques you can apply, the more dollars you will gain.
What about promotion?
With well over one Million apps worldwide, levels of competition is intense. You can have the greatest app in the world, however if you cannot get the word out about it, no person's going to install it.
Should I worry about piracy?
If you're developing apps for iOS only, you wouldn't really need to stress over it. Apple is dedicated to copyright and has produced a good job at guarding the eco-system. Of course Apple isn't the only player in the game, and piracy is becoming an issue with Android apps. If you don't create for Android you're missing out on a large segment of the market place. In a current Mobile Insights Study, which covered August through October of 2011, we found that 31.1 % of mobile ads were shown on an Android device. Piracy is also not an issue if you ad supported apps. In addition, unlike iOS apps, Android apps are accessible through many different stores globally, so your possibility for exposure can really be even higher.
posted by Vittoria @ December 05, 2012
1 Comments
1 Comments:
Yes! I agree with you. We can get more income by using Mobile Apps on every business
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