How Can App Owners Earn Desirable Money Via Free Apps?

Most app makers think, especially the beginners, that paid apps are the only reason for making money with flying colors. However, the internet is jam-packed with infinite free apps that the user doesn't have to pay a single for a penny to download it. Then, the question is why they exist in the market when they are unable to get a full-fleshed revenue. If you don't know the answers, this report will give a clear sense of it.

Currently Living Free Apps on the Internet:

According to Dubai Mobile App Development,

There are more than 92% (M) apps are present that Google Play & Apple App Store offers its users to download them free of cost. An outstanding value and act of free apps exist in the market. Such sort of apps always drives around 17.3 (B) in revenue.

This research is enough to estimate the earning stamina of such apps.

Unsalaried Apps vs. Paid Apps Market:

As per the research review of Mobile App Development Dubai,

The app existing platforms that are iOS and Android growing fast day by day, and there is a prediction that it will boost around 190 Dollars in the future. And, the demand for freemium apps are on its peak, and surely it will continue in the future as well. Also, they recorded hardly 6 to 10 percent of buyers are of paid version apps. And, the remaining ratio of profit is 98% of app downloading is for free apps. About 24% interaction of users for the following is of free apps as well:

• In-app fluxes

• Online Purchases

• To open outspread functionality

What Policies Your App Earning Method Should Have?

Let's take a brief look at policies that can make your free apps a source of a well-off income.

Advertising:

When we dive into the sea of market competition, we all have to publicize our product or brand by giving its ads. They reveal and promote your firm, brand, what you want to tell them, who you are, and goals. For this, you use the following approaches:

• Banner Ads or Splash Ads

• Video Ads

• Local Ads

• Interstitial Ads

• Motivated Ads

Benchmark Marketing:

It refers to the former advertisement or in-app that makes your current app able to generate better revenue. For app PR, you have to promote the affiliated firm and its services for your app monetization. And, other ways to use this style of earning money from your app are as follows:

• Raise another app

• In-app ad

• Sponsor goods or aids via in-app-store

What you have to do to join your app with affiliate marketing? You have to pay a fee as per the following measures:

• Cost-per-mille, cost-per-impression (CPM)

• Cost-per-click (CPC)

• Cost-per-view (CPV)

• Cost-per-install (CPI)

Public Funding Model:

It is an effective policy that never exercised before as it's the newest one. As per this strategy, various firms and start-ups work hard to exchange & share ideas regarding your app in the market with stakeholders. They aim to inflate funds for app development and marketing requirements.

What is the Secret of the Successful Ones of Earning from the Free Apps?

One of the reliable researches reveals,

Free apps earn monthly around 5000 Dollars to the topmost 26% of iOS developers and 17% of Android experts. It can work as a useful fuel to boost their industry. Here is the reason as per numbers,

• Total 21% of apps are earning ideally with a well-off progress

• About 30% of apps are making money excellently

• The profit of the remaining ones are surely ineffective

If you have made your app with accurate coding and app development strategies, there are 100% sure chances of the most lavish revenue. Learn the most effective way of free app making & monetization as we share some points in this article to lift your app on the top list of any app downloading store. To be stable on the right track, you have to take the help of the best mobile app development firm or team. If you still need to learn or understand the free app monetization policies & their implementation, then, explore the most professional app development agency.