In today’s communications and socializing circles, apps are playing a big role and with the reports released by the app stores show that there is a lot of money hiding in this world of apps. However to make money from apps there are a couple of factors to take into consideration. Doing your homework on what is trending with the mobile apps community will help you avoid making an app that is irrelevant or investing your time with an app that will not have the desired results.
Here is an interesting video on making money with apps:
If you are developing an app in the hope of making money from it, try to do as much of the work as you possibly can and cut down on the money you use in the development to ensure you maximize your profits especially if you are just starting out. You should also choose the platform for your app wisely as both Android and iPhone has pros and cons and may be suited for differently purposed apps. Decide on the kind of app to make by checking out the app stores to see the top paid, free and grossing apps in the market. Also decide if it’s going to be a free or paid app and which will make you the most money and exposure. There are various monetization options for both and with experience you can then experiment on which ones work best for either the downloading or purchasing power or its advertisement capability.
Making your own app from scratch can be time consuming which cuts into your bottom line so you find another way to make money from apps. Start by buying a source code from a marketplace that gives you great value and reduces time spent on re-skinning then get the endless runner engine or develop it yourself if you have the skills and make sure to maximize on advertising by going aggressive and knowing where to place the ads. Choose themes that will provide traffic for advertisers and ones that are based on where the volume and money is then publish the app. This step requires that you are extremely good at this to make sure everything is strategically placed and runs smoothly.
On the other hand you can make money from apps by using already created apps that offer users opportunities to make money with various tasks. Such apps include Field Agent, EasyShift, CheckPoints, GymPact, IconZoomer, App Trailers, Phewtick, NPolls, JunoWallet, Thumbspeak, Earn Money, Mobile Rewards and ESPN Streak for the Cash.