Have you ever wondered how you can generate revenue from a mobile app by doing nothing at all?

Yes! If you have made an investment in a mobile app, then it is time you reap its benefits without doing anything. The article lists downs 3-key methods of generating money if you already have a mobile app 👇

• Google Ads
• In-App purchases
• Paid features

1. Google Ads

Google Ads is a leading way of making quick cash from your application without any hassle. You can assign a space for displaying Google Ads on your mobile or web application during the design and development. Then all you need is an AdMob account which allows users to integrate in-app advertisements. You can also take advantage of the insights and tools Google Ads provides. Easy and automated ad management and performance management are a plus along with the revenue that can be obtained using Google Ads. But the integration should be properly implemented allowing users to have full control to view/cross the ad. This is essential to ensure a good user experience of the app otherwise the ads may serve as a turn-off for many users

2. In-App Purchases

Having an app means having a digital presence either in form of a mobile app or a website, and it can take care of all your sales targets by allowing people to purchase from your brand. If you have an app that allows items to be bought within the app, then you can easily make revenue while being away. Users can open the app and browse the products/services you are offering and make a purchase. But for this purpose, there must be a payment integration method embedded in your app and the process should be automated so neither you nor the user faces any trouble

3. Paid features

Apps can have unique paid features that people will purchase to have a better app experience. For example:

In many game applications, there are paid diamonds or experience points that can be bought using real money.

Similarly, there are apps where one can become a premium member by purchasing a one-time subscription or by paying a monthly subscription.

For online shopping apps, there can be discount offers if you buy a paid membership and other perks that enhance the user experience with the shopping brand.

All these paid features allow the owner of the app to earn money after making a one-time investment in a mobile app.

Last words

So the bottom line is, I can’t tell you how to run your mobile or web app, but I can tell you how you can make money off of it. Wait, I just did in this article! You may share any of your experience of making money through an app, I’d love to hear your thoughts.

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