AppsGeyser is the perfect app making platform to start your app career on the right path. This platform gives you the tools to make a free Android app without having to code anything. To build an app with AppsGeyser you do not need any technical knowledge. All you need to do is choose a template, upload your content and you are ready to go.
Now, when you have a wonderful app, your next question is: how can you make money? Some people want to charge app users to download their app, but is this a wise thing to do? Today we are going to focus on whether or not charging for an app download is the way forward for your app business.
Creating an app, for many people, is a way to make a passive income — a way to make money in addition to their current jobs. The question remains, how do app makers really make their money? Does their income really come from charging app download fees? Think about it. An app maker has put all their energy into creating great content for their app. Why give it away for free? Of course you should charge a download fee, right?
$0.99 – It all adds up….
If every one of your 1000 downloads had paid you a $0.99 fee, you could have earned yourself $999. Simple. Doesn’t that sound like a dream, to just sit back and wait for the money to come rolling in? Well, yes, it is a dream. Sadly, while you may be enjoying great download numbers now, if you add on just a tiny download fee, you could be alienating yourself from around 97% of your app audience. People are not willing to part with their cash so easily, even if it is a measly few cents. Research has shown that only 3% of people would be prepared to pay a fee to download an app.
Put yourself in the position of an app user, and ask yourself the following questions:
1. Would you pay for an app from an app maker that has few to no reviews?
2. Would you pay a fee for an app that has free alternatives?
3. Would you pay a fee for an app without first trying a free version?
Getting money from app users is not easy task, but every cloud has a silver lining. You can charge successfully for an app, but you first need to build a loyal audience base.
Whilst you are building your loyal audience base you can still be earning money. There are many alternative monetization schemes that you can incorporate within your Android app.
Alternative monetization schemes
While you are building your audience base, and offering free versions of your apps, you can generate revenue by:
• simple banner ads
• full page ads
• push notifications
• affiliate discount links
• affiliate pay-per-call links
• direct advertisement