App Monetization Ideas, Earn money from the apps, app income, app revenue, DotNek , Belmopan, Belize, en

App Monetizing Ideas

Know how apps earn a lot of money

Nowadays, most of the apps are earning in two or three different methods:

Ad networks monetizing like AdMob, Unity Ads or IronSource (Showing ads to people and getting paid)
In-App-Purchase means the user buy something through google pay or apple pay like coins or a weapon in a game (Predefined credit card)
Sponsorship
Encourage people to buy something (link to another shop)

You should think about how you want to make your income before developing the app.

App success or failure factors

How to choose the right idea for app development and what to do after releasing the app to have a better revenue

You should know that more than 70% of the apps are not successful in the market, and the app owners abandon them after a few days of the initial release. But research shows that succeeding in an apps is not that difficult. You should just care about some marketing tactics before app development. Here are some vital success factors:

1. Choose the right app category

Choosing the right app category is important. For example, games are much more profitable than any other app. Aslo, entertainment apps are not a bad investment, either. But you should even know that games are much more competitive than any other app. In other words, investment for game marketing can be more than other apps, but the revenue will also be more.

2. Don't lose time

If you want to have all the features before the first release and spend one year on development, you will only lose your valuable time. And you will lose the winning chance.
So, do not be sensitive about the first release. Every software needs improvement over time. Just think about the excellent functionality of your app. Your first release should work, should not be buggy, and should be tested thoroughly.

3. Think more about App Marketing & Advertisement

Most of the app fails because the investors do not think about the market. We always tell our customers that 99% of any business is its marketing. It means if you spend some on the app development, you should plan to spend more on the app advertisement after app release.
It is good to know that only submitting an app to the store will not gain user engagement or downloads. So, introducing an app and waiting a couple of years can result no download.
But there are still hundreds of App Marketing Tips called ASO. With knowing ASO technics, you can grow your app without paying any advertisement costs. Click to Read more

4. Research about your target audience

Your target audience should be vast. For example, developing an app only for a specific use of building or architecture companies is not something that engages millions of users. But, for example, a chatting app or a social network app is something that interests most of the users (Only if you can compete with popular apps).

5. Quality is so important

However, we are talking about not losing time, but the app should be better than its competitors too. Always tell yourself why the users should choose your app over your competitors'.

6. Think about all the app monetizing methods

You must think about multiple app monetizing methods. So, if one of them is not successful, the others can be.

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How to start having income from an app?

Don't have an idea?

Don't worry. Just think about a 2D game. It can be developed fast and with a mid-range cost investment. It is also one of the best in between the app categories.