Want to Earn from my Mobile App..But How?!

There is an immense earning potential if you think Mobile Application Development is a serious business. And yes this is literally true billions of dollars are being earned by mobile apps! Before diving into the earning figures of few successful Mobile app companies in recent times let us provide a big statistics on the app business and its irresistible growth. Mobile apps made estimated earnings of $46 billion in 2016 which is expected to reach $70 billion by the end of this year. So, the app business growing in leaps and bounds. 

But there are certain aspects you need to consider. Firstly, mobile platforms are not equally potential to make a decent earning. Secondly, you need to make your basics right like the app store optimization and a good pre-launch campaign. 

So, are you ready to step out and stand out in Mobile App World? All we can say is to keep patience and learn from the strong ones before making your strategy.

First give the priority to the platforms

Not all the platforms give the equal earning potential and so deciding which platform to opt for iOS/Android can be crucial for your app. If we judge this on the basis of a number of developers earning more than $5,000 per month from their apps, iOS comes at top position with 25% of iOS app developers earning more than this figure in a month. On the other hand, Android App Developers earn 16% within this bracket. 

For a developer, it is always suitable to opt for another platform only when the earning and moderate success is ensured by means of the previous one. You have to prioritize a single platform and then in the lead receiving a success can move on to the second and so on. 

Learn from successful apps & Earn through in-app sales

After the volatile success of Pokemon Go, we barely can doubt the kind of thing mobile games can do. Yet if you look at other video game apps, few of them are pretty ahead of most successful apps of other niches. Clash of Clans made revenue $1,118,457 and Candy Crush making $884,676 per day. 

But do you have any idea where do these most mobile game apps make money? Well, it is predominantly through in-app purchases. So, while contributing game apps for free became almost a favourable rule now. If you are not building a game app, related gaming can open the gate for in-app purchases for your app.

In-app purchases let you to offer your app for free within the app sales as securing the revenue through robust. For a stable source of revenue this is one area where most apps are going to implement.

Conclusion

Here we conclude that the Mobile Application universe is still at its early growth stage and so, the potential for the app developers is still limitless. But to take the opportunity your idea and development solutions should prioritize a few things. Besides, it is tremendously important to keep an eye on the new avenues, platforms, and interfaces that are promising to create new opportunities.