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Online Date : 2020-01-20
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By Pradeep Makhija
As everybody knows the new free apps trend has increased rapidly in last few years. In 2020 it will break all the records.
Most of the people often ask a common question that – how much money do apps make. How do free apps make money? Ever thought how to make money from mobile apps?
Even though the percentage of paid app revenues has decreased to 37.8 % from 75.9%, the mobile app market is still worth billions of dollars.
In fact, here’s an interesting graph that shows the difference between a number of paid apps downloads vs. free apps downloads:
The experts also predict that, between 2016-2020, global app revenue will double!
Techcrunch also says that more than 90 percent of apps on the market now are free. And, the revenues generated from apps that charge for download (paid apps) are expected to go down in upcoming years.
So, if you’ve decided to develop mobile apps to make money and wondering how to create an app and how to make money off an app, then in this article, you will learn about the most popular and proved mobile app monetization strategies to make money with apps.
App Monetization Options
According to Statistica, in 2015 these were the most popular app monetization methods used by top app publishers.
3) Selling Merchandise
4) In-App Purchases
6) Referral Marketing
7) Collecting and Selling Data
8) Freemium Upsell
9) Physical Purchases
10) Transaction Fees
This are the top monetization option, to read in details please read this blog, How do free apps make money?