How can you make money with mobile apps?

Mobile apps are expected, that they generate high income. You know, how much money you can make with an app? Many people open an app several times a day. We know, that people are now using mobile apps more than ever. However, that is not enough information, to develop a mobile app. It's like opening a restaurant, because you know, that people like to devour.

1. In-App Ads

In-app advertising allows you to promote affiliate products in your app, and you get paid, when your app users indulge in these ads. The most common campaigns in affiliate marketing are cost per click and cost per install, and cost per view. If you want to monetize mobile apps using ads, you can work with multiple networks.

•  In-App Purchases

They are basically used, to allow users absolute content or other functionality. They offer you the opportunity, sell various items directly through the app. This tactic will help, achieve the highest conversions for publishers. This is commonly used in gaming apps due to digital money. There is a big chance, create a mobile app, which allows you to make money with a low monetization method.

•  Free + Premium = Freemium

A freemium upsell model allows you to suggest a free app, which, however, offers similar features as paid or premium. This freemium business model will help, Promote your business quickly through advertising. After users experience the value of your app directly, they can passionately spread the word about your app.

You must have heard of Spotify, which is essentially not a specialized tool. However, if you have ever used it, Do you know, that everyone loves it. You can use this platform and almost all of its features for free, need to listen to the ads though, to continue.

•  Sponsoring

Finding a benefactor is a real monetization model. There are generally two types of sponsorship offers, where you can either settle the earnings with your sponsor or charge a monthly sponsorship fee.

• Subscription

Although the paid subscription model is one of the most common app monetization strategies, have subscription-based mobile apps like Netflix, Amazon Prime and Dropbox have gained tremendous popularity in recent times.