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.

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

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 .

How App Can Be Launched In Right Way

app development company in mumbai

If you are planning to earn money from app , you have to launch it in right way and also must choose the right app development company for that .

It really does not matter how sharp minded you are , or how skilled your programmer is , or how cheesy the marketing team , there is always something that can struck you up and can hang your app launching  . Launching the app does not start with submitting application on play or app store , or marketing it before the day it gets released .

So now lets start begin discussion you ever need to know how app can be successfully launched , from wind up to follow through .

Brainstorming , Research & Development

During the initial brainstorming for app development , me curative of ho your app is going to look hit the market. Do try to keep an eye on competitor , and how your target audience look like .Also think of a question that must arise in your mind , that what you should do to stand out of the crowd ? Why will people prefer to download your app , instead of your competitor app ? If these answers are not clear , then forget about successful app . So before investing money in app and wasting time for building the same , make sure it’s worth investing in . Get a bulletproof business plan to stand ahead in the crowd .

Even if you are very first in launching the app , always remember that copycats will very soon steal your ideas .A good idea is always meant to be stolen .So try to make your app as unique as possible .

Test Test Test

Testing your app through app building tool , is not at all going to provide you with realistic testing environment  . So never trust an app building tool for testing the same . Every mobile device has their own screen size and configuration  , so testing on as many devices as you can , subject to availability can be proven beneficial , before fully launching the app . The best way to do is , you can get some trending mobile tablets and phones to test your app  .
Nothing can be worse than discovering the app crashing and not working properly on the very first day of app launching .Launches should be time of celebrating rather than debugging the app .

Develop Marketing Strategies And Tactics

Figuring out a good marketing strategies before you launch launching an app , can be proven beneficial for your app launching . For instance , you create lots of rumours and suspense before launching your app , promotion it all where , in such a way that people get excited for your upcoming app  , will add value for your app , and can increase your sales right from day 1 . There are plenty of ways to do the promotion of your app , some are free , some are cheap and some are really expensive to . It really does not matter how much your budget is , but you have to market the app with market smart mind . Just always keep in mind , identify your target market and just cater to them .

Begin The Application Process

Beginning the application process means you must have done with marketing , and app is going to be ready in short wile , for approvals in their respective stores .

Launch

Ready your press release , give appropriate support as and when required , make sure your marketing gleams is active and yuppiiieeee its time to sell . Launch day should involve steps like- monitoring performance , resolving of bugs and problem quickly as and when required , and keep on trying things until things cool down . Always try to launch a bug free app , or we can say app which has a minor bugs , rather than having a app flooded with bug . If you are having lots of bugs and problem , i am afraid , all your investment and time with be for naught .