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Sunday, 25 June 2017

How to earn money via Apps.

Ways of earning in Smartphone Apps!

  1. In-App Purchases :- In-app purchases allow users to unlock features or purchase features in Apps & Games , maybe coins,weapons,vehicles etc. The top grossing apps are mostly free with In-App purchases.When you build an app, you can set IAP (in-app purchases) to be a one time purchase or an ongoing option (eg. Purchase 20 coins for 0.99$), meaning you can purchase that over and over again. You can easily start racking up enormous amounts of revenue with the second type , but you also need an incredible app that can make it happen.

  2. Create Free and Paid version of your app :- You should create both Free & Paid version of Apps. People,s usually download Free version of the app firstly. Try to make Free version of the App effective and attractive, so the user will be tempted to purchase app. Also Lock some important features so that user has to unlock them by buying App. The Free app will have a link to the Paid App along with the information about the Paid App features.

  3. Ads :-  You can place banner Ads in your App. The bottom line is they work but require a sizable amount of traffic to make it worth your while. When you start getting traffic, it can be a terrific (and consistent) revenue source.The biggest two mobile ad networks are iAd and AdMob – the first being Apple and the second being Google.  It's good to have ads in the game and they can make you money.

  4. Sponsorship:-  Landing a sponsor is a great way to make money on your free app. The deals typically is  you approach a company and say “I have this app idea” OR “I built this app a few months ago and it has tons of downloads. I will update the graphics with your brand for Money”And so on. It can take a little while to get the right match but it can work.

  5. CPI Networks (Cost Per Install):-  Cost per install is exactly what it sounds like : you pay per install that you get. Examples of this are Playhaven and Chartboost– they are third parties that have software you install into your app.
    You'll often see this as a “pop-up” in games and apps, prompting you to look at another game and “Get It Now.” Those apps are dynamically served based on category of app you are using yourself. There are a lot of CPI companies available these days and be sure to let your developer know you want to incorporate them. They're not too difficult to add onto a game or app, but is helpful to discuss early on.

Thank You!

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