Just as there are various methods to earn money by creating websites, there are also various methods or monetization systems to earn money by creating Android apps.
Although there are many easy ways to earn money online from home these days. There are several ways through which people can earn daily income online.
But among these, earning money by creating apps has proven to be a more profitable way. Because if you can create an Android app and increase its popularity at a high rate, then you can easily earn money every day.
And once the app you have created gains popularity, you can sit and earn money there without doing any work.
So let’s learn in detail about how to earn money by creating mobile apps.
And when we use a mobile app for any of our needs, several advertisements or advertisements come in front of us at certain intervals.
In exchange for showing these advertisements to users, the app owner earns money.
So the more users your app has, the more views the advertisements shown will have and your income will also increase.
If you are thinking of making money by making your own Android app, then don’t worry.
Because, currently, you don’t have to be an app developer to make an app and you don’t have to know different programming languages.
If you have basic internet skills, you can easily make your own Android app.
How to make your own Android app?
If you are thinking of making income by making mobile apps, then the first thing you need to do is create a mobile app.
And nowadays, creating a mobile app is not very difficult. You can even create an app using your mobile if you want.
So if you are thinking about how to make an app, then you don’t need to worry.
You will find a lot of video tutorials on Android app making on YouTube, through which you can make a mobile app yourself.
Also, if you search for free app builder websites on Google, you will find many websites through which you can easily and completely free to create an Android app.
However, remember, if you want to create a completely professional and good quality app, which you want to make very popular in the future and earn a lot of money from, then I would definitely advise you to contact a good Android app developer.
You can create a completely professional app from them. For this, you will have to invest a good amount of money.
But there are some free Android app builder websites, through which it is possible to create mobile apps without any programming skills.
For example,
AppyPie
Appsgeyser
Glide
Thunkable
Bravo Studio
AppGyver
Kodular
By accessing these sites, you can create apps as per your needs.
“How much does it cost to create apps” is a question many people ask.
See, you don’t have to invest any money to create apps through the websites mentioned above. You can create your own apps completely free of cost using your mobile or computer and download them.
Publish the created app
Google Play Store is known as the best App Store in the world for downloading mobile apps.
Because, all android users find their necessary apps in Play Store and install them from here.
So after creating an Android app, it is very important to publish it on Play Store.
Because if your app is in this famous mobile app store, then all Android users around the world will find your app. In this, your app will be downloaded by a lot of people.
And if you just create an app and keep it to yourself, users will not know and the chance of downloading is very low.
And anyone who wants to submit their app to Google Play Store, they will have to create a Google Play developer account or publisher account.
To create a Google Play developer account, you have to go to Google Play Console and sign up. For this, you will have to pay a registration fee of $ 25 or about 2800 taka.
To create a Google Play publisher account, you have to publish the app you have created on Play Store and make it open to everyone.
How to make money by creating apps? Top 8 ways to earn money
If you have created an app, now you need to know about the ways to earn money from your apps.
So below I am telling you some of the best and popular ways to earn money with Android apps.
So let’s learn about the 8 best ways to earn money by creating a mobile app without delay.
- Advertisements
The most popular way to earn money by creating an Android app is by showing ads.
If the app you have created is downloaded by a large number of users and is used daily, then you can start earning money by showing them ads.
You need to use an advertisements program or company to show ads.
The best advertising program to earn money from apps by showing ads is Google AdMob.
Just like on a website or blog, we can easily earn money by showing ads in the articles we write through Google AdSense. Similarly, advertisements are shown in Android applications through Google AdMob.
To place ads in your app, you first need to create a Google AdMob account.
Your account will be active within a few hours and you will be able to place ads inside your app.
And when users click on these ads, your money will be added to your Google AdMob account in return.
Again, if users do not click on the ad impression or the ad you show, you can still earn money just by showing ads.
Earning money by showing Google AdMob ads in apps is a very popular medium. Through which every app owner is earning money.
- Subscriptions
One of the ways to earn money from Android apps is premium subscriptions. You can allow users to use your app for free at first and you can lock some services or services.
To use those services, users have to buy premium subscriptions. This way you can get money.
If users benefit from using your app, then they will definitely buy your premium subscriptions.
You may be using learning, tutorial or online courses apps.
So some of these content is allowed to be viewed for free and some content is not allowed to be viewed for free.
That is, we are asked to subscribe to pay money to view all the content in these apps.
That is, to put it simply, suppose you are using an online course app.
Here you got to do some courses for free, then you want to do the rest of the courses. That is, you liked the content. And to get access to the rest of the content, you are asked to pay some money, in exchange for which you will be shown that content.
If you want, you can also earn money from apps through premium subscriptions, that is, you can collect money from your users.
- In-App Purchases
A large number of app developers earn money in this way.
You may have used some Android apps that have some free features. That is, if you use the free version of that app, then you can only use the features that are available for free.
And some good extra features are given that you are asked to pay some money for using, which the owner of that app takes from you.
In this way, you can earn money from the app through the in-app purchases monetization system.
- Sponsorships
Sponsorship is the best way to earn more money from an Android app in a short time.
If you can make an app very popular and have a large number of users, then you can definitely earn money through sponsorship.
But for this, your apps need to have some good and unique features. Your app must be unique and attractive to users. Because, high-quality apps attract sponsors.
You need to create a significant and active user base for your app. Because sponsors are usually interested in investing in apps that have many users.
If you get sponsorship from big companies, then you can earn money from there as a monthly subscription.
- Affiliate Marketing
Just as we do affiliate marketing through websites, it is possible to earn money through affiliate marketing through Android apps.
Currently, the process of earning money through affiliate marketing is very popular.
Through this, you can get commission by selling other companies’ products and services.
However, this requires a lot of audiences. If your apps have a lot of users, then you definitely have the opportunity to earn money through affiliate links.
You first have to register in a company’s affiliate program.
Then you will be given specific affiliate links for different products of that company.
You can share this link with your audience in the app. When someone clicks on this affiliate link and purchases the product or service, then you can earn a certain amount of commission income.
- Electronic Bill Payments
Your app should have an option for electronic bill payment through which people can pay their electricity, water, landline, postpaid connection and many more.
Because, nowadays people prefer to pay bills from their mobile phones rather than visiting local offices or cyber cafes to pay bills.
You will not charge any charges from the users for bill payment, but you can get commission on every bill payment made by the users of your app.
- Paid Apps
You can provide any premium content or services that are not easily available in free sources. For example, eBooks or other content.
In this, you will collect one-time money from the users and after that they can use your app.
Such apps should not show any advertisements so that the users can use them without any hassle or disturbance.
Because, since they will pay you to use your app, you should take care of it so that they get more benefits from using the app.
When your app’s popularity increases, you can earn a good amount of money every day or every month.
Will Google pay for downloading or installing the App?
Many people think that if users download an app, they will get money in return.
But this is a misconception. You will not be paid any money in return for downloading and installing the app.
That is, even if your app has been downloaded millions of times on the Google Play Store, you will not be able to earn a single penny.
Because you can only earn money from Android apps with the help of the above-mentioned methods.
So until you monetize your Android app through any of the above-mentioned methods, you will not be able to earn any money from the app.
In this case, even if billions of people install and use your app, you will not earn money.
Android users around the world can see your app through the Google Play Store and download and use it.
And to earn money by creating an app, you must register with Google AdMob and set up ads in your app.
Then, after a user downloads the app, they will see the ads displayed by AdMob while using it and in return, dollars will be deposited in your AdMob account.
Currently, most app developers monetize their Android apps through Google AdMob and earn money by showing ads. So this is the most popular process to earn money from mobile apps.
However, you can also earn a lot of money from your Android app through the other ways mentioned above.
In this case, your app must have a large number of users.
How much money can you earn by making an Android app depends on various factors. Some of the most notable ones are:
Type and quality of the app
Games: Gaming apps are usually more profitable. This is because in-app purchases, AdMob, and other monetization methods can be used in games.
Utility apps: It is possible to earn a good amount of income very easily from utility apps such as tools, productivity apps, etc.
Monetization methods
In-app ads: You can earn by displaying advertisements in the app using Google AdMob or any other ad network.
In-app purchases: You can earn by selling virtual items, subscriptions, or exclusive content within the app.
Paid apps: Users have to pay money to download paid apps.
Sponsorship: You can earn by using sponsored ads or branded content.
User Base
App Downloads: The number of times your app has been downloaded plays a big role in determining the amount of revenue.
Active Users: The number of active users and how long they have been using the app play a role in determining the amount of revenue.
Market and Competition
Market Trends: It is important to know which types of apps are popular in the market and which types of apps are in high demand.
Competition: The amount of competition in the market and the uniqueness of your app determine the revenue potential.
In a word, the amount of revenue from an app depends on the quality of the app, the number of users, the monetization strategy, and the market situation.
Many developers earn thousands of dollars, while some even earn millions of dollars. However, it depends on various factors.
Therefore, the success and revenue of your app will depend on the factors mentioned above and on the promotion and marketing strategy of your app.
What is needed to earn money by creating an app?
To earn money by creating apps, you first need to create an android app.
You can easily create your app without any coding knowledge using various free app builder platforms / websites.
Also, if you have a very good and unique plan or idea, then you can definitely hire an app developer to create an app according to your needs.
For this, you must have a computer or laptop or mobile phone and internet connection.
And after creating the app, so that people can easily find and download your app, you need to publish the app on the Google Play Store.
You will definitely need a Google Play Console Account to publish the app.
Then, if you want to earn money from the app through the well-known monetization process, then you need to create a Google AdMob account. Then you need to set the ads here in your app.
You can also earn money through affiliate marketing, premium subscriptions, in-app purchases, sponsorships, etc.