Google Play store is the tool!
Every industry today uses mobile apps whether it might be android or iOS. Companies, as well as individuals, make a lot of money through these apps in many different ways. iOS users are outnumbered by Android users by almost 2 times. Google Play Store is a leading platform to get android apps. Let’s look at different options we have to make money from Google Play Store.
First and the foremost thing you need to have is an app, which you can create on your own using ‘Android Studio’ or with help of online websites which creates apps for you.
Once your app is ready, Sign up for a Google Play Developer Account to publish your app in Google Play Store.
You can make Money in different ways
- Selling your app
- In-app purchases
- In-app Advertising
- Subscription System
Selling your App:
We are referring to the paid apps available in google play store. It’s a direct way to make money from your app. You have to provide much better services to the users than other free apps which are already available. If you cannot satisfy the users with your unique and specific solutions to their problems, they will find no reason to purchase your app instead of using a free app.
In-app Purchases is one of the most common ways to make money. You’ll make money even if your app is free. If your app is a game, then items like cash, gems, characters, and other resources are available for the user to buy. If your app is not a game, you can still make money using this feature through locking premium features and allowing users to use by paying to unlock them. You’ll have to provide desirable features so that the user is willing to pay to use them.
Advertising is the most common way to earn money whether it might be an app or a website. The better exposure is always a good advantage in business. You can do it with AdMob. You can add your Ad units to your app wherever you need. Your app needs to be popular to get good ads to make good money. You can make your app popular by promoting it through your AdWords account. However, don’t put large ads frequently as it may not be user-friendly.
If your app has something like videos, music, or workout routines which can have more viewers and can have subscribers then probably you can earn more money. By allowing subscribers to access the content faster and easier than others, you can attract more users to be subscribers. You can even provide subscribers with special features and content that free users cannot have. You can sell coupons and avail discounts for your subscribers for a small amount. It is your duty to attract some of those people to improve your sales. More subscribers you have, more money you’ll earn.
When you already know how to make those extra bucks, what are you waiting for!?