Introduction:

Have you ever built any Android application, and do you want to earn money with it? So, this article is for you. Hey, my lovely champs! Let us explore together How App Developers Earn. We will learn how you can convert your gaming and app development passion into money. Let us discuss some best ways to earn money from Android applications. So, let us dive into the article and explore How App Developers Earn.

App Development Scope of Work:

The app or application development industry has huge potential to make millions of dollars. As, in this modern scenarios, android is the most widely used operating system and is being used globally. Millions of new users are added to this ratio every year. As a result, there are lots of opportunities for app developers. There are lots of new start-up ideas, you can learn this skill and provide this service to others. And implement your ideas in the app development.

• Sponsorship:

It is the best way to monetize your applications. Via sponsorship, we app developers generate revenue without disturbing the user experience. And in this way, we can directly get in contact with the brands. According to the apps you have developed. Make apps and connect to the company that can sponsor you. Also, make sure that the company should have the same targeted audience as you have. It will increase the chance of getting your sponsorship.

• Advertisement:

While your application is free to download. But still, you can make money out of it. This will be based on the interaction with the advertisement displayed on the application. As for websites and blogs, we have Google AdSense. With the help of this, we can integrate advertisements into our site, and earn money out of it. Similarly for the application, we have a service provided by Google. This service is called Google ad mob. With Google ad mob we can integrate advertisements into our application. This helps grow our business along with an engaging audience.

This app revenue model is highly profitable and a favorite for app developers. Further, this in-app advertisement has platforms like a video advertisement, native advertisement, and banner advertisement.

• Referral Marketing:

In this way, we can promote a third-party product or service to optimize our revenue opportunities. App publishers can sell or promote their products based on the number of clicks or installations. So, there are different kinds of referral marketing, that app publishers follow. In this first, we are having CPA which is the cost per action. We can earn money from this by advertising or promoting the product in the form of pop-ups in our application.

Secondly, we have CPC which is the cost per click, in this way, we can generate revenue depending on the number of clicks on the advertisement. That is displayed in our application. Based on a similar strategy you can have cost per view, cost per install, and lot lot more. And by this way, you can generate good revenue from your free application.

• Crowdfunding:

 Fourth on the list, we are having crowdfunding. Firstly, It is a good alternative method of generating revenue for our application. Secondly, It is used a lot nowadays being a good method to monetize your application as per statistics and the Kickstarter platform. Many apps are using this method of monetization and earning millions of dollars.

• Subscription:

The fifth strategy in How App Developers Earn is the subscription model. In this model, you have to charge some amount of money from your users, to provide a premium or special features of your application. In this, you can provide your application for free either with some limits or hiding some of the features, which you can only access after you buy them.

Further, this model is nowadays more in practice in video streaming platforms, like as Netflix, or Amazon Prime. And user will buy your subscription if you are providing valuable and premium content.

• Paid Application:

Six we are having is a paid application if you have a service or a resource, that is not available on any of the free platforms. Or if available it is not the same quality content you are providing on your application resource. Then you can use this revenue model for example an eBook. In this, you have to take a one-time payment from the user and after that, he or she will be able to access your resources and your services. And to make your paid application successful.

Keep in mind that you are providing quality and good content at a reasonable price. So, that more customers can come and tag along to watch the value of your content.

• Physical Services:

Seventh in the list of How App Developers Earn. We are having physical services. So, in the present scenario, people like services to be at their doorstep. So, We can make applications, which provide physical services. And make good revenue out of it. In this app, developers provide services that users want, and if you do it perfectly. Further, they are for sure gonna pay you. Moreover, App developers can make apps for plumbers, electricians for property dealers, and a lot more.

How do the free apps make money?

Best way how app developers earn money from free apps is by running ads on these free apps. revenue generates as per impression and clicks over these ads.

How Do App Developers Make Money from the Play Store?

App developers make money from Play Store. play store uses 70:30 method for add developers. the money earned through play store platform is distributed in between the honor of the app and between platform. 70% of the money is paid to the honor and 30 % to the platform.

How Much Money Do Apps Make per Down Load?

Well earning from app development depends on various factors. this is based on a number of variables, including the “app’s monetization methods, the platform it runs on, the intended user base, and the location”. So, typical revenue apps make per down load ranges from $0.60 to $1.20. Although this is not always the case. The revenue generated by a download these apps might differ significantly.

Wrapping Up How App Developers Earn:

So, these are the seven ways How App Developers Earn, from application development. Hope this will be helpful for you. If you have any doubts about any of the ways of earning as an app developer, let me ask in the comment sections.