How To Make Money With Android Apps Development

 

How To Make Money With Android Apps Development

How To Make Money With Android Apps Development

To the developer mentioned in the post, and to all others with the same bleak outlook, we say: Get productive. Get strategy-savvy. We’ll tell you exactly how you can make money, in actionable steps never short.

So here’s the position: It is tougher to monetize in the Android market. This is the case because the Android business requires the concept of in-app buying, which has worked out so well for Apple. But guess what? There’s a workaround, and it involves strategy:

Create a quality product.

The characteristics of a great application are continually in flux, so don’t just apply to what is at the top of the charts now and mimic them. Take pride in your android app.

Have a free minimum strategy.

Most of the developers seem to have already taken this advice to heart for the free app part of the equalization. According to the August 2010 Report (app store analytics), Google Android Business has the largest share of free android apps available at 60%, versus 29% for iPhone.

Get downloads: increase your user terminal.

Do your analysis: time your selling well; know when to go for a price cut, and more importantly, when not to; examine the problem of a swell in interest in your app; react to trends; publicize your app across social media channels like facebook.

Switch free users to paid; produce resources.

OPTIMIZE USER EXPERIENCE. We can’t stress this is high. You container do this without clean analytics. You need to know how the user is engaging with your apps, both free and paid, and wherever the user is dripping off. To get this level of information, you would need a user-centric tube that crosses from your free app to your paid app. Once you have this information, you can appropriately place a link in your free app to your paid version. You will suddenly be able to track this link’s performance, and adjust placement accordingly.

There you have it. The Android market as it stands can still be lucrative for developers with the right mindset, and with the upward trajectory of the market, is building up to be even more so. Step #5, or really #4.5, is to figure out the optimum price for your app. Distimo notes that applications are priced lowest in the Android Market; additionally, the average price of the Top 100 Paid Applications is higher than the Average Price of All Paid Applications ($4.57 vs. $3.23). To best monetize your app, make sure it is priced at its worth (and decide if you’re pricing for maximum downloads or maximum revenue).