How can I make money from Android apps?
I want to make some extra cash from online. Android applications seem interesting to me. Can you please explain in detail, how can I make money from it.
How can I make money from Android apps?
I want to make some extra cash from online. Android applications seem interesting to me. Can you please explain in detail, how can I make money from it.
Of course, you can make money from mobile applications development. Here are 3 ways to make money out of it:
Make money from Ads. Think carefully about where you put your ads, and how many. Experiment, check your stats, see what's working. If you get it wrong you could risk bad ratings and uninstalls. This will not help your downloads.
In-app purchases. An in-app purchase is great, but if you only have one, once a user has purchased it, that's it. If you then calculate how much money you are making per download, (total money received minus tax you have to pay to your government) divided by total downloads. If this only comes to say ten or eleven cents, then this is the maximum you can spend on advertising your app. Anything more than this and you are losing money. You need to think of a way you can make more per user, you want to be able to advertise your app in the future. Either has more than one in-app purchase or offer a subscription. Add content that your users are happy to pay for.
Advertising your app. As mentioned, depending on how much money you are getting per download, this will determine what types of advertising you can afford. If you don't get No.5 right you may not be able to afford to advertise at all And eventually, your app will get stuck at a certain point. AdWords universal app campaign is a good place to start. It's easy to setup and you have control over how much you pay per install. But before you pay for advertising I recommend you max out 1 to 5 first. Make sure your app is generating downloads in its own right. If your users don't think it's worth sharing, then paying for ads is probably a waste of money.
Thanks, It's really helpful for me.
When it comes to making money with android or even iOS applications, the quickest way is to purchase an already established App.
I use Flippa to purchase online businesses in the same manner but they do also offer an Apps section.
As long as you do your research into whether the Apps are truly profitable and worth what you pay for them then it can be a great way to get some extra cash.
Once again, make sure you really do your research into what you are buying, whether it is actually profitable as is, will it stay profitable long enough to get a ROI or can you modify it to make it more profitable/profitable for a longer time.
thanks, really helpful for me.