Android development has seen phenomenal success over the past few years, which can be attributed to rise in number of people embracing Android applications across the world. According to the statistics provided by the highly recognized research firm IDC - Android has exceeded its 80% market share in Q3 (third quarter) of 2013, and is likely going to continue to make significant strides in coming years. Realizing this scenario, many businesses worldwide are opting for android apps to help their business reach to majority number of Android users.
If you are a businessman and are taking up Android app development can you ensure that your app will help you make profits in today’s cutthroat app industry? Well, with a plethora of apps available in the Android market, to make your app a success isn’t easy. In order to monetize your android application, there are three quick ways following which you are likely going to churn some money from your app.
3 Tactics to Monetize your Android App
1. Selling Your App: This is undoubtedly the most obvious choice that can increase your app sales. What you need to do is to simple develop an app and then publish it on Android market - the Google Play Store. However, there are diverse ways to sell your app. For an instance, you build a gaming app - now, to boost its sales you can provide users with some additional products to improve the game experience. This is similar to how games such as Temple Run 2 sell gems and coins via their in-app store.
2. In-App Purchases: This is another lucrative way to monetize your
Android Application Development, which resembles the aforementioned method of selling an app, since this method also allows app developers or marketers to earn some additional money by selling digital products through their app. Let’s say you developed a game, with in-app purchases you can persuade users to earn in-game points at a cost.
3. Free Apps with Ads: Once you have developed a free app, and you hope to earn some money through your app. A viable alternative is to display advertisements regarding your app. If people find the app advertisement interesting, they might download the app seeing that it is free. You will make money from your app advertisements.
Why Hire an App Developer?Without a doubt, you will find copious number of people looking forward to download Android apps that they find entertaining and useful. However, your target audience must comprise of the new-age Android users who are willing to pay a cost for getting the maximum satisfaction from the app. Once, you have undergone the above discussed tactics to attain a good ROI, it is advisable that you must hire experienced
Android App Developer. A professional app developer understands the intricacies of developing an application. They possess hands-on experience and specialization of handling the development process. Thus, they can help build you distinctive app and will even suggest you strategic advertising methods to make your app reach to a greater number of consumers.
Wrapping Up!If you are about to develop an app, it is imperative to learn about certain ways that can help you monetize your app. Aforementioned are 3 great and lucrative ways that can help you earn profit from your Android app. However, the Android app market is swamped with dozens of apps, if you wish to make your app a success it is recommended that you must opt for a reputed Android app developer.