The app business is a lucrative market and there are a lot of opportunities for making good money with your app. Getting into app development is easy and all it takes is a bit of passion and dedication to get your app started.
There are many different ways to make sure your app brings in some money for you.
Here are five ways you can make money with your app.
1. Have A Killer Idea
Naturally, the best way to make money with your app is to ensure it is good enough in value. No matter how well you design your app and how many great features you add to it, if you don’t have a killer idea you won’t be able to sell it much.
So the best thing to do is to pay enough attention to the basic idea. You don’t need to come up with something groundbreaking but make it something that is a little different from what is out in the rest of the market. Your app also needs to be able to provide a good enough reason for people to spend money on it so plan carefully.
2. Offer It Free With Ads
One of the most common ways to make money with an app is to hand it out for free but include ads to provide you with some revenue. This is an especially good idea for apps that can easily be used in connection with certain ads. For instance, if your app is about recipes and cooking then it is very easy to make money by having shops or kitchen utensil companies advertise on your app.
But with some apps the idea might not really work. For instance, if your app is aimed at children then they are less likely to click the ads to purchase anything.
3. Free With Added Paid Content
This is one of the best ways to make money with your app and it works well with majority of different type of apps. With this model you offer your app for free but in order to make money you add paid content to your product.
This way people will want to spend money to get the bonus features or additional levels. As you might have noticed it works very well with games but could also be used in other apps to provide more attractive features, as Entrepreneur’s article points out.
4. Paid Version With Free Updates
You can also offer your app with a one off fee and then provide updates and future versions for free. This might be a bit difficult to implementin order to make money, especially if it is your first app.
Once you get yourself branded and people know what to expect from your apps this options becomes more viable. It will also require quite a bit of marketing to make money this way.
5. Make It Cross-Platform
Of course it is very important that you make your app available cross platform. Made with Marmalade has a very good tool to help you develop apps that function well across various different platforms. They can help with Android software development and make it compatible with iPhones as well.
Brad loves to find out new apps to use and is also very interested in developing them himself. He is also a big fan of travelling and is especially in love with the high-tech countries like South Korea.