Building Digital Products

How Apps Make Money: 8 Proven Strategies


Listen Later

 It's not a secret that app development costs a lot of time and money. But when you see how much revenue free mobile applications can generate, you understand the development expenses justify themselves.


So, how to get into the Top 200 free apps market? Usually people are willing to spend more when they have a free opportunity to try the app rather than to pay for it when they haven't opened it before. People go inside your app, they see the value, they can receive some emotion from using the app, and then they are ready to spend some money in it or on it.


When users get this pleasure from using your applications, they're actually ready to spend a few bucks on some perks that your apps give. When it comes to the app categories, the most popular one is games, making the biggest amount of money revenue. And still non game apps make good money too, a good example is Tinder, a dating application with a freemium model.


00:00 Intro

00:35 Do your free mobile applications make money? Or even, how much do they earn?

04:43 What's about app category?

09:47 Advertising

12:21 Referral marketing

14:33 Sponsorship model

16:36 Freemium

19:47 Subscription

22:44 Crowdfunding

24:26 Collecting and selling data

28:20 Four steps to approach your app and find the best way to make money out of it


💻 Read the text version on the blog 

https://linkupst.com/blog/how-do-free-apps-make-money-8-proven-strategies/

...more
View all episodesView all episodes
Download on the App Store

Building Digital ProductsBy Linkup Studio

  • 5
  • 5
  • 5
  • 5
  • 5

5

7 ratings