Mobile app revenues and its various options | WeeTech Solution
by WeeTech Solution Pvt Ltd Best Mobile App Development CompanyOkay
so now finally you have done your mobile app development work, Congratulations!
But did you work on its marketing strategy?
No Right? Your mobile app is a valuable asset for your firm and it has got the
power to help your business generate the maximum possible revenue. Monetizing
your app can prove to be extremely beneficial for your firm.
The
below given points is the list of the strategies that can lead your business to
generate revenue endlessly.
The E- Mail Strategy:
Typing
up people with your E – mail is the best way to increase engagement of the users
which ultimately will help you earn more money. The reason behind it is the
e-mail ids of the people hardly change for a long time. Considering which there
are likely more chances of the E-mail to be seen and read by majority of the
people. In order to gather E-mail ids in large number, you can add the E- Mail
Subscription option in your app designing it in way that tempts the users to
subscribe for your E-Mail updates and refer it on regular basis.
By
gathering good amount of data, SMS marketing can prove to be the most effective
strategy as it easily gets the hold of the users by getting them back on your
app. SMS Marketing can be done by sending notifications of your app, reminding
customers with the help of a message, informing them on various contests and
Promotional offers by just sending a text message which directly reaches in the
inbox of the phone users.
Including
Ads in your app is one of the best opportunities to generate maximum revenue
through your app. Advertisement now a days play a major role. Making your app
free and utilizing in-app advertising can help you monetize the app. Your
advertisement should be attractive enough to get the attention of the users and
engage them in the best possible way giving them the best experience.
Many
users of your app are not regular in using your app, converting such users into
the constant ones who keep checking your app regularly; you can use Content as
your tool to do so. Updating your app with fresh and new content is effective
way to engage your customers. New content gives the users a reason to come back
to your app, as they get to find some new information. Dont forget to keep your
content as attractive as you can, only then you can drive users back to your
app.
Partnering
with other brand can help you generate more revenue. When two different minds
meet thoughts gets more impactful. Partnering will benefit the customers giving
them new and enhanced experience and it will benefit the business too.
Partnerships will lead to increase in the goodwill of your app, taking your
business to grow at its best.
The
users usually do not pay for the app downloads, but they do have the capacity
to pay for the in-app purchases. In App purchases can generate a lot of revenue
if it succeeds in convincing the customers to make the purchase in the best
possible way.
Feedback
from the customers is not just for the sake of doing it, but there is a purpose
behind it. The best way to optimise your app to earn maximum revenue is to
analyse the robust analytics which is being collected after studying the
behaviour of the users. The analysis can prove to be effective if necessary
actions are taken to improve yourself where you feel you are lacking. You can
also identify who is spending most time in your app and also is investing more
money. After collecting the required information, you should preferably plan
your strategy in a way that emphasises on the users who are willing to spend
more on your app rather that driving new users to your app.
One
of the strategies to let your app generate more revenue is creating a
completely different version of your app, where the customer can get new
experience keeping it entirely free. You can initially launch a teaser making
the users realise of how useful the new version can be. Once user realise its
importance, then it gets easy for you to get hold of them. The user will then
willingly spend money for your app’s premium version as they have now built the
trust in your app. Maintaining the trust and goodwill of your app is solely
your responsibility.
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Created on Sep 23rd 2017 07:08. Viewed 1,644 times.
This is truly amazing ! The information on mobile app revenue is quite interesting.
Jul 13th 2018 05:37