There are unlimited ways to make money in the age of the Internet. One of the BEST of them is to make money by creating apps. Building your own Android and iOS app is a really good way to start earning on the Internet.
If you are interested to build applications and software quickly and want to make money by doing it, this post is going to be super helpful for you.
Here is what you will be learning by reading this post CAREFULLY.
- How to Find a Good App Idea?
- How to build an Application which can make money (With Least Technical Hassle?)
- How to Monetize your Apps?
- The Steps to Take the Things to the Next Level.
GET A PROFITABLE APP IDEA
So, before you start thinking about making money from your software, you have to do your market research. Many applications don’t make money and don’t attract downloads on App store because nobody wants it at all.
Building a mobile (or even the desktop application) is a wonderful idea and you can truly make passive income by doing it if you do it correctly. But just like in every other business, it’s important to find the right product Idea.
Here is the best strategy to do your market research
GOOGLE TRENDS REPORT
Google Trends is the best way to find out if the idea you have is profitable or not. You can go to trends.google.com and put any keyword or industry name in the search bar. Also, you can check out other ideas and compare it with the original one and see if building an application will be profitable or not.
Google Trends can help you to check how popular a particular topic was in the last one month or 5 or 10 years. Depending on it, you can predict what the future of your million dollar app idea can be.
SOCIAL MEDIA RESEARCH
This is a very powerful strategy to find out what people really want. You can go to websites like Facebook, Quora, Twitter or YouTube and check out some relevant videos.
So, let’s say you want to create an application related to the weather.
You can go to Quora or use Advanced Google Search (i.e. site:quora.com “weather”) and look for a weather app related ideas.
Also, you can find some similar applications available and make better applications.
The idea here is to start with people’s problems so that you can find some people who will be ready to use your application when you launch.
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BUILDING AN APPLICATION WHICH CAN MAKE MONEY
Building a good software application which can help many people and which can make money for you is not actually a very tough job. There are many good tools which can help you to quickly make applications and monetize them.
If you are familiar with Java, C# or Android Studio, you can create a native mobile application by yourself. Otherwise, you can hire someone on a freelancer website like Fiverr or Guru.com and get your job done.
Hiring a freelancer for designing your app can be expensive so you can also find some local developers as well.
BUILDING APP WITH HTML/CSS/JS
A simple way to do that is by using a framework like Cordova or Ionic. These frameworks will help you to build an application once which you can export for iOS and Android simultaneously. Pretty Interesting, isn’t? If you are familiar with HTML and other technologies, this is the best way to create your first ever money making the app.
DRAG AND DROP APP BUILDERS
To save money and to create basic mobile applications without fancy features, you can use application builders. They will allow you to create your first mobile application just by drag-and-drop.
You can customize your applications and their layout and add some basic features. You can use Eachscape or any other good drag-and-drop MVC application builder to create your first app this way.
MONETIZE YOUR APP LIKE A PRO
The next step to make money from your application is monetization. If you have created a good application which people are using and enjoying, you can make a ton of money with it.
APP MONETIZATION WITH GOOGLE MOBS
While Google Adsense and Admob are one of the most popular ways to monetize your app, it is not actually the best. You can visit the Google Post regarding the monetization if you are interested.
I would suggest you have a look at StartApp which is a much better option for starting making money through your newly designed software. Moreover, you can also register for their referral program which will help you to make money when you refer someone else to their programs.
While Google is very strict on their policies and they often ban many applications, With StartApp this never happens (until and unless you do something really fishy)
A very powerful way to make money with your software is through Affiliate Marketing. It is the cheapest and easiest method to start and create wealth without any hassle.
You can also check out our Programs on Affiliate Business if you are interested to learn more in-depth.
TAKE THE GAME TO THE NEXT LEVEL
If you do everything according to the plan, you can make $100 to $1M in commissions from your application without even creating a subscription plan. This is just by creating a free app you are publishing on Apple App Store or Google Play store.
But the most important thing for any business (including the app business) is marketing. If you can not reach to “Your Right Customers”, you will only waste your money and time. The best place to learn marketing with Himanshu is through his programs, where he teaches step-by-step how to create a business from scratch without even creating your own products in the beginning.