Friday, February 21, 2014

11- Making Money With an Application

Making Money With an Application

Making Money With an Application

People are looking for different ways to make money these days because the usual jobs are becoming less and less prevalent. People are deciding that the best way to make sure that they have money coming in is to become a freelancer and get jobs on the Internet.

However, some people are missing out on a regular income because they don't understand how things work. Take applications for cell phones, for instance. People will assume that If they offer their app for free, then they won't make money, but that is not the case at all.

If you are thinking about making an app and you don't really understand how you are going to make money off it, then read on for some explanations of how everything works and how to get the app made.

For Sale

The most obvious way that you can make money off an app is by offering it for sale on the app store. You can charge anything you want for the app, but you have to make sure that it is worth the money, otherwise people will give you bad reviews and other people will be less likely to get the app.

People are less likely to buy an app when there is an alternative for free, but that doesn't mean they won't buy an app. If an app is built well and there is a niche for it, then they will buy it if they need it. You just have to be patient and people will buy it once they realize that you are offering them something that they can't get with a free app.

In-App Purchase

Another way to make money off an app is to offer in-app purchases. This is where you offer the app for free on the app store, but only with basic features. Then, the user will have the opportunity to unlock other features by paying a fee.

The trick here is that you have to make sure that the app is still useable at the basic stage, when it is free, and make it attractive enough, that users want to pay to use more features. If you make all the features available at the free stage, then there is no reason for them to pay money for more of the app.


People can make money with their apps by advertising within the apps. You can have an advertisement as a header or footer and when the user clicks on the advert, you will then begin to make money.

You just have to make sure that you don't bombard the user with adverts because they will get board and just delete the app. If you plan on making money from advertising then you should offer the app for free in the app store. This means all the features will be unlocked and you won't charge the user for anything.

If you want to charge the user for the app in the app store, then you should not have any adverts in the app because the user will give you a bad review. If you want the best of both worlds, you can have a free version with adverts, and a paid version, without the adverts.

Company Made?

If you don't have any knowledge of app building, but you have a good idea for an app, then you should hire a design company to make the app for you. This will save you a lot of time and you will have your app quickly.

The amount of time that it takes to learn code means that by the time you have built the app yourself, the gap in the market will be gone and you won't make any money off the app anyway. So, it is recommended that you hire a company and spend money now, so that you can make money later.

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