Believe it or not, there is a huge market out there for mobile apps. Hence every new company getting into it, making their services available for mobile phones and changing the whole scenario completely. And the good part is that it has opened up a door for developers to launch their apps and make money out of it.
So if you are wondering How to make money creating apps or how you can make money by developing mobile apps, then we are going to talk about some of the top points which will surely help you out.
So let’s just head into the topic without wasting much of the time:
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Table of Contents
Popular trends: How to make money by developing mobile apps?
Register with the app stores
Before you go ahead and publish your app on the Apple App Store or Google Play Store. You will need to create an account with them. However, joining their app developer program is not free. Instead, you will need to pay a little fee to get access to their console.
Pick a product
Now you have to pick a product and build your app around it. Go into the app stores and see which app is not available out there and if the app idea will have enough users or not. Even if you cannot find any other unique idea for an app. You can look at the popular apps and figure out what is missing in them. Then note down the ideas and try to embed them on your app. So you will have a chance to collect users.
Code By Yourself or Hire a Developer
The next thing you have to do is code your app. However, coding an app is not as easy as it seems. One needs to be enough experienced in developing apps to pull up such a product. And in case if you happen to have enough experience then it would be easy for you.
However, if you do not have any idea about how app development works, then you can hire a developer and ask them to make the app for you. But before you do so make sure you have a good budget. As app development costs a lot.
Monetize Your App
The last thing is to monetize your app. To monetize your app you can try out two different things. Either you use ad networks like Ad mob to show ads on your app. And the ad network will pay you on the basis of ad clicks and ad impressions.
Or you can come up with a subscription model. Something that Netflix is doing. In this case, you have to make your users buy a subscription to use your app.
In case if you are looking for an out of the box idea then you can also sell your developed apps to others and make money. Or if you are a good developer you can provide your app development services to others.