Mobile apps have become a part of our lives. More than 90% of the global population uses a smartphone, and they spend an average of 4 hours every day using apps. This gives app developers enormous opportunities to make money.
However, you will need this page to create your mobile app without coding. Andromo allows you to develop Android and iOS apps even if you don’t have any technical skills.
However, to successfully create a money-making app, you need the right strategies.
1 – Decide on the type of app you want to make
Unless you have people using your app every day, making money would be difficult. Therefore, you need to decide the type of app you want to make and how it will benefit people.
Begin with market research to understand what works and what doesn’t. It will also give you a fair understanding of the gaps in the app market, which you might fulfill and attract thousands of users.
2 – Choose the platforms
As mentioned above, there are two platforms: Android and iOS. So you need to decide which platform you need to create. Or you can build a hybrid platform that works on both platforms.
The good thing is Andromo allows you to do that. However, again, it is best to do market research to understand what your primary target audience uses. You can even begin with creating an app for one platform, see the response, and then create for another.
3- Decide the Features of the App
Now that you have decided the type of app you want to create and chosen a platform, it’s time to decide what features you will offer to users. For instance, Andromo lets you add audio, video, maps, surveys, and dozens of other features.
Make sure every feature in your app is beneficial for your users. This also means eliminating features that are of no use. Additionally, make your app easy to use so your users can benefit the most without facing any difficulties.
4- Test Your App
This is where things get complicated. You need to test every functionality of your mobile app. You will also need to test it on different devices. You can even consider giving it to some of your target audience to collect a variety of opinions and improve your product accordingly.
App Monetization Models
Now that you have the app ready, it’s time to monetize it. There are several ways to monetize your mobile app.
1 – Sell Your App
One of the best ways to monetize your app is by selling it on Google Play Store and App Store. Everyone who wants to download or use your app has to pay a certain amount to do so. However, being successful is difficult as people are usually skeptical about paying for an app. You will have to put a lot of effort into marketing your app to be successful.
2 – In-app Purchases
Most apps in the marketplace offer in-app purchase options. For instance, users can access the basic features of the app for free. However, to use the advanced features, users will have to pay a certain amount every month. They can even consider paying quarterly or annually for a discount.
3 – Advertisements
In-app advertisements are very common. They allow app developers to earn money by advertising, while it means a wider audience base for advertisers. Make sure to not irritate your users with too many advertisements, or they might even uninstall the app.
4 – Affiliate marketing
Yet another common app-making strategy, affiliate marketing, is all about promoting someone else’s products and then taking a commission on each sale done using your link. However, it is crucial to choose partners that have a similar target audience to yours.
Conclusion
Mobile apps have quickly become a part of our lives. By creating an app that caters to the needs of your target audience, you can easily start earning money. The good news is, you can create the app easily without any coding using Andromo.
