There’s a story behind the creation of every single Android app. Some people create Android apps for business purpose, some others create them just for fun and there are those who create apps just for the sake of some additional earnings. Whatever might be the reason behind developing an Android app, you can monetize your efforts and cash in some extra money for it. With a view to monetize your Android apps you don’t need to be a skilled app developer or a professional marketer. There are five simple ways that you can follow to churn out some profit out of creating Android apps. Here’s an introspective look into that:
One of the most popular tools for monetizing Android apps is the use of banners. Banners can found in different places. Regular banners appear at the bottom and top of your app. There are also full page banners. The thing you need to do is to create an account at an affiliate site and put the publisher code into your Android app. The more download your app generates, the more will be your earnings. It is in fact a great way of garnering revenue via developed apps.
If your app kicks of well then you can think of selling some space on your app to other local or international companies who are willing to pay you big bucks. But remember this will only be possible when you app is a hit. After you upload these Ads on your App, if you can do the networking properly then you can just sit back and count the profits.
One of the traditional but effective means of monetizing is sales. It requires a lot of research and planning compared to other two options of monetizing. You can sell add-ons, other apps, credits etc. on your app. You need to choose wisely the add-on you are looking to sell and its appeal to your app users.
If your app is a content provider kind of app like magazines, newspapers etc. or a consumer service app like Life 360 then you can offer one month trial subscription to your app. At the end of the trial, you can ask the users to pay to subscribe for your services. This way, you build user groups and monetize your app.
5# Monetization tools
There are tools designed to help you monetize your Android apps. AdMob, StartApp, InMobi, Millennial Media and Tapjoy are some of the noteworthy monetizing apps.
If you can make use of these monetizing techniques then it won’t be an issue to start making big bucks with your Android app.
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