How do I make money from my app?

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How to make money from apps is definitely a very good question. If you plan to build a mobile app, monetization is an essential aspect that should be considered. Developing an app can take up a lot of time and resources, so if it’s an investment for you, you want to ensure that it is marketable. With that said, there are several ways to make money from apps.

There are a few things to consider before jumping into the different ways apps can make you money. First of all, the platform you choose can make a world of difference, so it is essential to weigh all the pros and cons.

The apps on the iOS platform tend to make more money than those on Android. In fact, statistics show that apps in the App Store make two times as much money as those in the Google Play Store. In addition, developers tend to earn more per app user in comparison. The numbers indicate that 25% of iOS developers earn over $5,000 monthly, while only 16% of Android developers fall in the same category. So, if you are concerned about the odds of earning a substantial income, you may want to look into developing apps for the Apple Store.

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With a growing number of people choosing to make purchases on their mobile devices, in-app purchases have become fairly popular. In fact, 63% of mobile users who make purchases using their smartphones or tablets prefer to do so from inside a company’s app rather than from their mobile site. The speed and convenience of doing it from an app is the most important reason.

For example, someone with an Apple Pay account linked to their Apple device can make payments for a product or service from within an app with a single tap or click; no need to use a credit card or sign into PayPal, or go searching for another app to make payment. If you are launching an app to boost your online store or website’s revenue prospects, you should make sure that it is configured for in-app purchases.

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