So you have created an app using a Appy Pie
but you're not making any money
In today's video we will talk about how you can make money from your app
Hi I'm Abhinav Girdhar, founder of Appy Pie
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Welcome to another edition of Ask Snappy
and today's question comes from Richard, from Sweden, and he asks
How can I make money from my app?
Starting with the easiest option, it's to primarily go ahead and monetize your app
you can monetize your app using AdMob that is from Google
or you can also use our platform AppyJump, you simply need to go to Appy Pie's dashboard
and simply activate the button to start monetizing
what monetization is, primarily, displaying banner ads, interstitial ads, video ads on your app
and for each impression that you get on your app of that ad, you get paid for it
Another method, which I highly recommend for you, is to offer in-app purchases on your app
if you are a video content producer you can offer some sort of a freemium content
a lot of videos would be free and then you could have a paid sort of content available
you can do that with articles as well
in Appy Pie, we do have an in-app purchase feature
where you can have free content, you can have premium content, you can have paid content
so I would suggest to use the freemium sort of feature where you can have free as well as paid content
Another way of doing it is primarily using the login page In Appy Pie
where you can actually have a subscription feature
so when a user logs in to the app they can access to all the free content
but if they want to access the paid content, they would need to sign up as a paid subscriber
you can also offer your app as a paid app
but I'm not very sure about this, because...
not a lot of users primarily install an app, because they haven't tested it
basically to get them to pay up front is a player sort of decision
but imagine if you have 1 million installs
and you're charging each and every user $0.99
that means you have got 1 million in your bank
so... and a lot of people, a lot of users have actually done it very effectively
but again you need to have that stickiness in your content
in order to have that sort of confidence that a user would pay up front
in order for them to first pay you and then install app
Another very effective medium that our clients have been using is
using the local knowledge and getting sponsorships on their app
so for example, you know a restaurant, a local restaurant or local barber shop
you could go to them, talk about the users you have on your app
get them to give you some sponsorship options, tell them about the user base that you have
this could actually be very fruitful
Last but not the least, you can also act as an affiliate
where you can place panels of your merchants on your app
so anyone who basically clicks on that banner and installs their app, you get a commission
there are websites like HasOffers which offer such services
however if you want to earn substantial amount of money from your app
what you need to do is you need to start promoting your app
more installs, more downloads, you can start earning more
and here is the link in which I talked about how you can promote your app and get more than 1 million install
and here is the bonus tip: if you're getting tons of traffic on your website
convert the website of yours into an app and publish it on Google Play and iTunes
and here is a tutorial link in the description which helps you to convert your website into an app
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so even your friends can view it and earn money from their apps
and if you have any app or marketing related questions
feel free to ask them in the comment section
and I'll personally answer that for you