If you’re wondering how to make money with an app, continue reading this article to discover how it’s done.
Over half of the population on the planet owns a smartphone that they use on a regular basis.
The phone app industry is massive and growing at an incredible rate. It will only continue to expand.
Contrary to what you might think, there are easy ways to create phone apps that can see a decent level of success.
Example of a Simple Money Making App:
Simple games and apps can bring in thousands of dollars a month.
Awhile ago, a simple app was released that went viral across the globe, and it was so simple anyone could have created it.
The app was called Flappy Bird.
The game was so simple yet so addicting it captured the attention of millions of people.
The creator, during an interview, said the app was bringing in over $50,000 every single day!
That’s one of the many success stories that come from the app industry. Granted, to create an app that reaches such levels of success is not an easy-task.
You’ll likely fail a few times until you find something that works.
You’ll never know until you give it a shot.
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How to Make Money With An APP:
Like most businesses, there are a few different ways to make money with apps; ad-revenue, in-game sales, downloads, and other methods.
Of the two methods that are the most common; ad-revenue is the most popular choice.
Much like generating ad-revenue from a website, the money can come from two actions; clicks or impressions.
Most apps will include a little bar somewhere within the interface that displays ads. There are also different models that you can use to displays ads.
For instance, some apps will give the users a choice to watch an ad in exchange for in-game rewards.
You can also choose to remove ads on your app and sell the app for a set price.
We prefer the free app with ads method.
Decide on a model that you want to use before you start building the app. You’ll also need to decide which platform you want to launch the app on; Apple IOS or Android.
Each platform has different terms and conditions and marketing strategies.
Create a marketing plan and build hype for the app prior to release. Sending an app to the app store won’t automatically bring in sales.
You have to promote it too.
Creating an APP:
If you don’t have any software engineering experience, take a deep breath.
You can hire someone to write the code for you and design the layout as well.
Though expensive, it’s an investment.
There are also companies that will create apps for you. In fact, there are plenty of online platforms that make it incredibly easy for you to design apps. The only problem with these platforms is they usually request a cut of your earnings.
The cool thing about apps is once you create one, you can modify the code to make similar apps for different purposes.
For example, if you want to create a city-guide, all you have to do is use the same code to make guides for different cities or areas. Then, include advertisements, and you’ll start to earn cash.
Creating an app is a challenge, but there are many resources out there that can make it easy for you.
You can outsource the whole project if you’ve got the cash and a cool idea. There are lots of tools at your disposal.
Make Money APP Ideas:
Take a look at the app-store on your phone and sort the apps by “Free” and then “Most Popular” and you’ll see some examples of hot apps.
Most of those apps can be replicated. It’s excellent research. The same business rules apply; the app must fill a need or be fun.
What do people need? What service can you provide?
For example, one idea would be to create an app that lists the bus arrival times within a certain city. In fact, there are already apps like that on the marketplace, but some are in dire need of redesign.
Don’t be afraid to think outside of the box.
Even if it sounds silly, it can work.
This website has a list of ideas for businesses, more are added every minute. This is another great way to come up with some ideas.
Take a look. In fact, more often than not, it’s the crazy and silly apps that tend to go viral.
Marketing Your Money Making APP:
Once you create the app it’s time to start bringing in sales. Learning how to make money with an app boils down to marketing!
Sales won’t come in the moment you publish it to the app store. In fact, most apps fail because the owners are unable to market them properly!
Once again, if no one can find your app, it won’t make any cash.
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You’ll have to advertise.
Market your app on social media, send it to friends, collect as much feedback as possible, and make sure everyone knows your app exists.
I recommend free apps because you can collect a lot of solid feedback. Feedback you can use to improve the app.
You can always change to a paid model later on.
In my opinion, it’s always best to build hype for an upcoming launch. Create social media profiles for your new upcoming app and release small teasers once in awhile.
Most app creators have Twitter accounts. Create a Twitter account and share screenshots.
Follow accounts that are within your target audience.
There are lots of different ways you can advertise an app!
Just don’t make the same mistake that most app creators make by failing to properly market their idea!
To Make an App Successful, Re-Invest:
Chances are your first app won’t bring in a cent. And that’s okay. You will learn a lot.
You can do it again.
When you do start to earn money, remember to re-invest. You can scale an app business very easily!
Use your earnings to build even more apps!
Conclusion on Apps that Make Money:
So now do you know how to make money with an app? Creating an app is a project but one that can lead to some amazing results.
The app industry is growing so fast.
Don’t wait too long to get involved. You will wish you started sooner.
But if creating an app seems like too much of a challenge at the moment, why not start with a simple niche website?
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Thanks for taking the time to read this article! Got ideas on how to make money with an app?
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