To make money from an app, first you need to create an app!
Appy Pie lets you create an app without spending a bomb or wasting months on coding. The entire process of app development is synthesized into three easy steps and takes only a few minutes from start to finish.
You can create your own app without writing even a single line of code.
Businesses need to stay updated with the latest tools and technology. It’s true not all of it is affordable, but it is of critical importance to know what is worth the attention, time, and money and what can be left well alone. The importance of mobile apps has been fairly well established for businesses of all size, budget, and niches.
Indeed, in today’s interconnected world, these apps have become indispensable. They cater to a myriad of our daily needs, from ordering our favorite meal to scheduling appointments. This ever-growing reliance on apps offers a lucrative opportunity for businesses and developers.
If the potential of app monetization has piqued your interest, rest assured, you’re on a promising path. While the app market is crowded, with the right approach and a clear understanding, turning your app into a revenue stream is within reach. Remember, the journey might require patience, but the outcomes can be rewarding.
As a mobile app development company, one of the most commonly asked questions that we hear is – how do apps make money.
This question is not out of the blue and definitely has a lot of merit to it. There is a lot of investment that goes into making an app in terms of money and time, it is only natural that an app owner would want to make money through apps that took so much of an effort to build.
There are multiple ways to make money from your phone and we will get into the details of each one of them. We have talked at length about how to create a free app and make money and now it is time to focus solely on the question how to make money from apps.
How much money can you make from an app?
A mobile app has the potential to bring in billions of dollars in a year, however there are really very few apps that finally reach that number. A surprising number of mobile apps end up making absolutely no money. Hence, to actually come up with a generic number of the bat is not really possible.
To get a clearer idea of what I mean by this, let me tell you this – the top 200 apps on the app store make about $82,500 a day. Now once we broaden this criteria and take a look at the top 800 apps on the play store, this number drops down to $3,500 a day!
This number also varies with categories. While the top gaming apps make about $22K a day, while the top entertainment apps make about $3,090 a day.
Follow these steps to make money from mobile apps:
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