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By now, you should know that the hottest
opportunity to make money online is none other than mobile apps. But what most
people are unaware of are the ways to monetize these apps. They usually think
of selling mobile apps as they are, but the truth is there are so many other
ways to go about it. Here are six of them:
1. Sell the app for $0.99 or $1.99. Do
not under-estimate the small value of micro-transactions. With hundreds of
millions of smartphone and iPhone users, it’s not a surprise that even a newbie
who creates a mobile app can get a lot of traffic from both the Appstore and
Google Play Store.
2. Top and bottom banner advertising.
There are many ad networks that you can join for free where they’ll display ads
in your app. Usually you’ll get paid per click from these banner ads.
3. Nagscreen promotion. Not all apps
have started using this tactic yet, but it has been proven to be very effective
– display a nag screen to promote an offer before the user gets into the app.
4. Sending push notification offers.
Just like email marketing, you can reach your app users through push
notifications. There are many advantages of using push notification versus
emails including getting your messages sent in real time and having it read
5. In-app purchases. Today, there are
many awesome apps which are given away for free. Reason is: they monetize the
revenue by selling related items within the app. For instance, for a video game
an in app purchase could be items for the game character or some “power ups.”
6. Adsense in apps. Adsense is not just
limited to websites. They can also be displayed on mobile apps. If you’re not
familiar with Adsense, it’s an ad network by Google where you’re able to
generate income simply by getting others to click on the Adsense ads.
The fact is there are so many
opportunities to make money with mobile apps today; ironically, the most
important part is not about monetization, but to simply get started. Basically,
once you have the users, you can apply all sorts of monetization methods. So
don’t be concerned about how to make money with mobile apps, be more concerned
with how to create your first mobile app.
Resource: Get the Simple App Blueprint to walk you to
through how to create your first mobile app for Apple and Android. Go to [please contact me for website address] or visit our Website
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