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How Much Money Is Expected To Be Earned With An App ?

how to make money in app

Billions of dollars can be earned from app industry . But making money from app means you have to develop the app that really makes money , and not the one which can not make the money at all .We are here to tell to what kind of app you can make to press billions by giving you some awesome ideas.

A mobile markets has been seen with tremendous growth over years , and is expected to continue growth over years . According to recent studies , about 80 % of the user who are earlier using desktop version has now switched to smartphones .With such a huge change , every entrepreneur is just trying to grab a piece of gold in market flooded with app .

If you are just born in app market , or you are having really cool ideas for an app , the very first question arises in mind is how to make it profitable , after investing your precious time and money for the same .

Our app development company WINKLIX has professionals who can help you determine how to earn money from app , and how much in reality can it potentially make .

Contact us to chat .

WHICH PLATFORM IS REALLY MAKING MOST MONEY FOR APP DEVELOPERS

The very first thing you need to decide is on which platform you need you need to design your app for  . This will affect your earning due to market potential and platform popularity . Here we are categorising those people who are earning more than $ 6000 per month from  their apps .
As per our recent studies and findings , the lead in this industry is Apple’s iOS platform’s , with over 25% of the developers earning more than $ 6000 , as compared to android in which only 16 % of the top developers only are earning more than $ 5000 .

WHAT KIND OF REVENUE DO APP GENERATE ?

The fact can not be denied that apps are big big business now . In 2016 , global app revenue hit an estimate of $ 54 billion . This was $ 10 billion increase when compared with 2015 . By calculation and prediction app revenue may go upto $ 6.3 billion by 2022 .
Gaming apps are making the most out of it , by contributing more than 60 % revenue .Mostly in app purchases are main source of income , although most of the games are free to download .For instance King’s Digital Company , the agency behind candy crush earns $ 1.6 billion daily through in-app purchases .

HOW MUCH DO SUBSCRIPTION APP MAKES ?

With over 1 million active members , Tinder’s is a great example of app that is tidy money earned due to in-app purchases . Tinder app is free dating app , but makes money for additional features , which influence user endless opportunities to match . Tinder location filter allows user to match user location and connect accordingly . Tinder charges approx $ 9.99 monthly for tinder plus and nearly $ 14.99 for tinder gold .

APPS ARE NOT JUST FOR MOBILE PHONES

Apps have now spread their branches out from cellular phones only , as more integrated smart device have entered the market . Smart TV’s are nearly contributing 34% of the internet users in 2017 reports .So now apps should be primarily focused on smartphones , but as a secondary part they should also be developed for smart TV’s and tablets .Expansion of platform not only offering increase exposure for your app , but also opens new revenue streams .

WHAT’S THE NEXT BIG THING FOR APP DEVELOPMENT ?

As we have seen plenty of endless opportunities for fortune in the app , app market has shown substantial growth in first conception and it shows no sign of slowing down .The instruction of Xbox app stores , Smart Tv’s and large tablets are also contributing the large chunks of it .So in case you want to press millions of dollars , you must focus on all the platforms .
Winklix.com is leading mobile app developer in Delhi and Mumbai , India having experience of creating 500+  website and app . Contact us now
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How To Review Your App

app developer in delhi and mumbai

There are always few things which separate app from a good app  . You must try to make an app , without which a customer can’t think to live off . For being a successful app , customer reviews and feedback plays a important role . It not only help in more downloads , it will also help you in fixing up bugs and improving your app on timely basis .

Given below are few tips which every developer should consider while developing the app and making sure to give people what they want .

INSIGH FROM TECH COMMUNITY

Get involved with the tech world to keep an eye on what other companies are doing and their strategies for development of an app . Sharing a brief about your idea , and getting review from technical audience before launching your product will definitely add more sugar to your coffee .

USE SOCIAL NETWORKS

Social media a a medium where you can easily contact with your target audience and at the same time promoting your company . Tools like poll conducting , event organiser and scheduler  , feedback are most useful tools to share your app feedback and review . Staying active on social media will help your app to get live . When user tweets questions and suggestions , respond to them  . Working with the feedback and improving app accordingly will make your app more cheesy .

CREATE A FORUM ON YOUR WEBSITE

If you are really excited about your app and greedy for its success to , creating an online forum with links of feedback and contact us on an online question will help active user to provide you feedback and you can add some cheese to it , and then can celebrate the part with pizza’s coke and all .

FREE FOCUS GROUP

The easily accessible and cheapest way to get app review is create your own create your own ladder of testing by posting your app on popular forums , putting up flyers on local university , or sending out emails to every one on your contact list .

IN APP REVIEW

Getting in app review from the active users is usually the best way to hear from the users and to improve your app . Try to make review a fun !! That small chunk of active user will give you accurate and subjective feedback for your app .

So after getting feedback , the next move must be to do all the feasible changes as required as soon as possible . It may be difficult to change it , after pouring all the money and time . Alway make sure at the end , you must have a app , which can be easily used and should be lovable by everyone , and should be regularly updated .

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How Much Does It Cost To Develop An App : WINKLIX

app development cost india

YOU WANT TO CREATE THE NEXT BIG THING ?

THE APP COST COULD SURPRISE YOU

So planning to build your next big billion app ? Or you have polished billion dollar business and need next generation of consumer experience . Have you ever think of , how much an app really cost to build , and the bifurcation of the prices . All you need to find is good app development company at right price to stand out of the crowd . At the same time , you will need a rock awesome app that transform the way user will interact with your company .

FOR  A CAT EYE LOOK AT REAL COST OF APP YOU CAN CONTACT US .

You might have studied that developing an app in India can be closed under $ 10000 ( We don’t advise it ) . Small business can get their app done for under $ 75000 , with skilled team , but an award -winning agency with creative & talented  mind professionals can go upto $ 9,000,000 at higher end with an average of $ 300,000 a rough medium . However the pricing differs from project to project and time frame requires to deliver the project . But the fact is , if you are a startup , and is planning to start a business , you may be finding some cheaper solution . Is isn’t it ?

WHAT FACTORS GO INTO APP COST ?

Large Team With Young And Talented Mind
 
Some small chunks of shop might be offering you app under $ 50,000 offering limited service than established agency . Increasing your investment means , you are hiring a good app development company who are expertise in Android and iOS app development , just like WINKLIX .  At the same time you are taking the very first step towards success of your app by hard-coding your app project with talented mind . A team with skilled designers and developers with strong business analytics manager can help your app to get succeed in play and app stores .
The team require for successful building of app are :
  • A designer who can create some rock awesome visual design .
  • An account manager who will liaison between client and company and works with team for completion of different task .
  • Experience developers who know a better optimisation of app for requirement of android and iOS user .

The Length Of Development Time 

 
Can you build an app in a day ? If you can’t provide all your desired requirment  in a single day , how can you even think off of developing such a big B app in a day !! But wait for a sec . There are lots of piggybanks available for building an e-commerce website in the market . But lets assume , any agency giving you a half baked pizza , fulfilling all your specific requirements . It is next to impossible . A established agency or a mid size shop can quote you same price to deliver the project , but the main different is large agency have skilled people who know each and every process of developing an app , and a mid size shop always work on lower common bidder maximising their profit .Winklix development process takes a turnaround of around 12 week in order to properly go through design and development process .
The steps are :
  1. Wire framing and prototyping .
  2. Designing of project -3 weeks
  3. Development sprints – from 6 to 10 weeks .
  4. Launch of MVP
The core features of app
Even a small looking app from front end may involve a large software elements behind the scene . Coping up with the core feature of app can move the cost needle up and down . A good business analyst can look at whether you want features can be included in your app , and other things that can make it more functional .
The Scope Of MVP And Amount Of Seed Funding
A fair value of developing an app range between $ 100,000 to $ 150,000 regardless of level of expertise . Winklix project manager , Miss Dakshata explains steps after delivery of MVP : “Traditionally in case you want to stand up in business line , then you need at least $ 250,000 to $ 500,000 . This can help you in running business for next six months . Another $ 500000 taking you to a million dollar will help you in prototyping your business , and getting a highly polished business and app .
So if you are planning to be next Uber or whatsApp , it is crucial for your business for hiring a good app development agency .

WHAT MAKES THE APP SUCCED ?

The way to success in to hire a good talented mobile app development company , beta testing the app , taking the reviews and feedback (For more info of successfully launching app read here) for making a skyrocketing app .
That is why Winklix believe in outperformance of agile development process .

WHAT COMES NEXT ?

So now you have a sense of true costing of mobile app , and beware of agencies who can make your app a sophisticated design and development process ?
If you are ready to build the next big app for your company , our team is waiting for chat . We are hungry for your unique requirement of app , looking forward for you to can hello to us by contacting us .