Making Money Through Mobile Apps
A mobile app can be a good income source for you, however, in order to earn from your mobile app, it should be downloaded by a huge number (think about millions of downloads). You don't earn money just for downloads, you earn only when the app is opened by the users, therefore, you need regular users. Mobile apps work just like website, you earn from ad impression and ad clicks. When the users open the app, they see ads, they might also click on the ads that they find interesting. That's how the app will make money for you. You need an app that a lot of people will find useful. The app market is a very competitive market, you might have to do SEO and digital marketing. You might even have to run ads which might cost you a lot of money.
How to Create Mobile App
Before you can make money from mobile app you will have to build a mobile app. There are three ways to do it:
Develop yourself: A re you a mobile app developer? Why waste your time developing apps for others, when you can develop for yourself and make money by publishing on various platforms or selling it. As a developer, you can develop a mobile app yourself without spending money, you only spend the money to publish or list for sale.
Hire a developer: If you do not have the skills on mobile development, you can hire a mobile app developer. You can find a developer locally, or if that is not possible you can look into platforms like Upwork and Fiverr where you can find a developer for around $100-$200.They will give you a fully developed app ready to be published or sell.
No-code app development: There is a third option to build an app. You can use no-code app development platforms to build your app, you can build app without coding skills. After entering necessary details, these platforms will create an app for you in minutes. There are some free platforms to do it, but if you intend to publish on App/Play Store, you will have to pay subscription fees, which can be $10-$20 per month depending on the platform you use.
What Kind of Apps Can You Create
Here is one idea that I think you can try for your app.
You can create app for Sarcastic Quotes About Love, Life and Living.
The app will provides image based quotes about man, woman, love, life, and relationship.
When you choose the app to functional only with the active internet connection, you can earn ad based revenue. You can add other functionality such as an option to share the quote via email or social sites, or add to the favourite list in the app itself, option to download the quote locally, etc.
For an app like this, you don’t need a lot of pages, you need few pages like about app page, and disclaimer/privacy policy page, quote category page, favourite list page, rate us page, and quote page.
Making Money Through Mobile Apps
There are a lot of methods to make money from mobile app:
Ad based monetization: Offer the app for free and run ads on your app to generate income. This is the most common method.
Paid apps: You can also offer your app for a certain amount, onetime fee, or monthly/annual subscriptions.
Sell products or services: You can sell products and services through your app.
Hybrid system: Interestingly, you can use all of these methods at once to generate revenue.
Sell mobile apps: Instead of monetizing your app through various methods, you can directly sell it through Flippa or Amazon.
When you are trying to make money from mobile app, the most important factor to consider is to what kind of monetization method you should be using. For instance, you will have to decide on whether your app will be free or paid, whether you should run ads or make it ad-free but charge subscription fees, etc. These factors decide on whether you can make money or not.
Last but not least the most important thing is to create high end product that is your mobile app should be useful.