How to Make Money with an App?

1. How to Make Money with an App? The success of mobile app market is directly proportional to the rising number of smartphones, and mobile devices. According to a new report, the number of mobile users globally exceeds the number of desktop users, and the apps are far more popular than mobile websites. Over the last few years, mobile app market has been experiencing significant growth in terms of usage, downloads and revenue. With the proliferation of smartphones and mobile devices, the mobile app market has grown massively. There are a millions of mobile apps available for download on leading app stores, like Apple App Store, Google Play Store, Amazon App store, etc., and in a variety of categories. The vast majority of app owners have been making good money from their apps and some of them are even building thriving businesses. Industry experts predict that app economy will have impressive growth worldwide over the next few years. There are different models of generating revenue from mobile applications including paid applications, in-app purchases, advertisements, affiliate programs, and many others. To ensure this resource generate long term revenue, app owners need to select appropriate model that suits the nature of their app. Here are discussed two widely recognized ways of making money with an app. In-App Purchases In-App Purchases has evolved as a beneficial way to earn good revenue through apps. The in-app purchase feature allows the sale of digital products within a specific application. Majority of app creators or developers use special tools and resources to improve the functionality of in-app purchase feature in order to make selling process far smoother. IAPs can be added into apps in several ways depending upon your requirements. According to best available data, the In-App Purchase (IAP) has become the greatest revenue driver for app owners. There are thousands of apps that are making billions of dollars with in-app-purchase feature. Ads Ads are also one of the most effective and easiest ways to earn revenue through apps. App owners can subscribe to ad networks and showcase banner, interstitial, or video ads to the users on their apps, and drive a good chunk of revenue through it. There are a number of mobile app monetization networks, including AdMob and MobFox, which helps app owners maximize their revenue from ads. So, if you have a great idea, you can now shape it into an app with the world’s leading drag-and-drop app builder, Appy Pie. With Appy Pie, you can also make money by simply advertising your app among a wide audience group. You can even monetize your app through ads, or earn money through In-App

2. purchases done by the users. So promote your app with Appy Pie and enjoy recurring revenue for years to come.