Mobile App Development
How to get investors for your mobile app startups?
Since the advent of smartphones, mobile app development has become the most popular business idea. More than 90% of the world's population has a smartphone and uses it regularly. With such a vast potential market at your disposal, it is understandable why mobile app development is a thriving industry. However, what could be more understandable is that a few significant players still capture a substantial chunk of this revenue. With such a massive potential at their disposal, it is surprising that mobile app startups need to get their fair share of this revenue.
Your mobile app might be a game changer or a potential unicorn, but you can still raise funds quickly. App developers and mobile app entrepreneurs will face many challenges when raising funds. This blog will help you understand the basics of raising funds for your mobile app startup.
Before you approach app investors with your business idea or app concept, conducting preliminary research is essential. This will help you determine whether your idea is revolutionary and worth investing in. Talk to other entrepreneurs and business professionals, do some online research, and see if your idea has the potential to be a game-changer in your industry. If you can show apps for investors that your concept has the potential to be a significant disruptor, you'll be much more likely to secure funding.
Minimum viable product
An MVP, or minimum viable product, is a great way to get feedback from potential investors on your product or service. By presenting a minimal version of your product, you can gauge interest and get valuable feedback that can help you improve your offering. Additionally, an MVP can help you save on development costs by focusing on the essential features of your product.
To attract investors, you must show them you're serious about your product. This means having a well-thought-out business plan, a solid team in place, and a clear understanding of your target market. Demonstrating your commitment to your product will make you more likely to convince investors to invest in it.
01Types of investors:
The first step to gaining the trust of your investors is to make an excellent first impression. It would be best to articulate your business ideas and plans clearly and confidently. It would be best, to be honest about potential risks and challenges.
Investors are looking for teams that they can trust to execute their vision. So it's essential to show you have the right skills and experience to make your business successful. You must demonstrate that you understand the market and have a solid plan to reach your target customers.
Finally, showing you have the financial backing to make your business a reality would be best. This means having a detailed budget and investment plan. Investors want to see that you have thought carefully about how their money will be used to grow the business.
Following these types of investors, you may find Can give investors the confidence they need to trust and invest in your industry.
Depending on your app idea, the number of funds you need, and the stage you are at, you'll need to look for market investors that offer various ways to get funded. If you have a great app idea but need help getting started, you can look for seed funding from investors. You can look for venture capital if you need more funds to grow your app. And if you're ready to take your app to the next level, you can look for private equity. No matter what stage you're at, there's an investor out there that can help you get the funding you need to succeed.
You may find a few different types of investors when you're looking to raise capital for your business.
Friends and family:
The founders and friends and family fund startups. This initial money is usually enough for the product's first version and essential marketing. If there is a massive demand for the development and it is well positioned on the market, the startup can attract a broader range of investors. Each type of investor is ready to invest in different phases of the startup development cycle.
Friends and family are usually the first ones you will talk to about your idea, and they can be a great source of money at the beginning, but only at the beginning. If you are lucky and your app idea is fantastic, you can get money from friends and family to build a prototype, but you should know that these people will probably not be your primary funding source. To find other sources, consider your company's future needs: Can you cover your expenses by generating revenue? What are your future payments? How much money do you need to launch your product?
Knowing the answers to these questions, you can start looking for a suitable investor.
Equity and debt:
Usually, a startup will require both debt and equity financing to start a project. Debt investors will provide the capital in exchange for a fixed repayment. Equity investors will provide money in exchange for a percentage of the company's ownership, usually in stocks.
A co-founder is an equal partner in a company with the same amount of shares and shares the same rewards and losses. The founder is someone you ought to share your ups and downs with and should be someone you trust and who can complement your professional and personal life. Having someone, you can go to when you have a problem or run ideas by if you need help coming up with a view on your own is essential. A co-founder is someone who you can work with and who can work with you. While having a successful company with more than one person is possible, it is doubtful. A co-founder is someone you can trust, rely on, and have fun with. A co-founder will be there for you when things are going well and when things are not going well.
App contests are all the rage these days. Everyone is trying to create the next big app, but getting a project off the ground can be easier with a dedicated development team. This is where app contests come into play. App contests are a great way to find a dedicated team of developers willing and ready to work on your app idea. These contests can help you find the right people to help you to turn your app idea into a reality.
Crowdfunding is a term used to describe a collaborative effort between multiple people over the internet. You may have heard about crowdfunding for startups, but it can be used for all sorts of things, from funding a new business venture to raising money for a trip to space. There are multiple types of crowdfunding, the most popular being rewards-based and equity-based. Rewards-based crowdfunding is when you incentivize people to donate to your project. With equity-based crowdfunding, you are giving away a stake in your company.
They are usually wealthy individuals looking to invest in high-growth companies. They typically invest smaller sums of money than venture capitalists but are also more hands-off regarding the business's day-to-day operations.
Venture capitalists are typically firms or individuals who invest considerable sums of money into companies with high growth potential. They often take a more active role in the business and may even sit on the board of directors.
Strategic investors are typically companies investing in businesses in the same industry as them. They're looking to invest in companies that can help them expand their market share or give them a competitive edge.
So, you may encounter a few different types of investors when you're looking to raise capital for your business. It's important to know what each type of investor is looking for so that you can pitch your business in the right way.
02How to win over investors to fund the development of mobile apps
The critical actions listed below will assist you in gaining the confidence of investors and raising money for your innovative idea:
Validate your idea:
If you're looking to raise money for your next app, you need a clear idea of what your product will do, who your market is, and how you will reach them. Because investors are always looking for potential opportunities, with the sheer number of applications, it's hard to decide which ones are worth their time. But it would be best to validate your app idea before you can even reach out to investors.
Find the right market:
Finding the right market is crucial to raising funds for your creative idea. If you spend time and money developing a mobile application nobody wants or needs, you'll hardly earn any profit. You could end up in a situation where you'll need to start from the beginning and work on another idea. Begin your early research by investigating the market, discovering what companies are already doing in that area, and the possible ideas. You can move on to the next step when you have a clearer picture of your target market.
Define the market size:
When you start creating any new business, it's always important to look at the market size or the potential of that market. If you can create a business plan that includes the financial data of that market, you'll be in a better position to attract potential investors. The more information you share with them, the more confidence they will have in you, and the better your chances of getting that investment.
Choose a reliable app development partner:
Your app idea has won the hearts of developers and investors alike. You should start raising funds to turn it into an actual product. Now, you might be thinking of approaching a bank. But before you do that, you must take a leaf out of the playbook. Instead of approaching a bank, you should look for an app development partner to help you develop your idea. After all, apps are the future. Just look at the emergence of chatbots. You don't need to hire an army of developers to get your app idea. A reliable app development partner will help you in every step of the app development process.
Know the investment basics:
As an entrepreneur, it is essential to learn the basics of raising investment capital before you get too far into your project. The most important thing to understand about raising investment capital is to build trust with your audience before raising funds. If you establish credibility, you can remember raising capital from investors. The first thing you need to do is create a solid business plan. You need to explain to investors how your business will make money and how it will change the world. You want to show that you have a good idea and have thought it through. It is essential to explain how you will spend the money and how you will pay it back. Finally, you need to tell investors what kind of return they can expect.
Figure out revenue strategy:
Raising funds for your mobile app is a serious business. You have to give your best shot, which involves having a good plan for the future of your application and the startup business in general. Nonetheless, what matters here is how you present your case. You need to start working on your pitch to secure the necessary funding. To raise funds for your mobile app, you must know how to present, convince, and prove that you are a reliable partner who will deliver the product. An investor will only invest in development with good profit potential. Investors like to invest in startups with great ideas and a sound plan for their implementation.
"MVP" stands for "minimum viable product," which is fundamental when getting funding for your creative idea. In the world of startups, MVP is the first version of your product or app that you release to gauge how users will react. Creating an MVP is a great way to secure funding for your startup because investors like to see progress before they invest. They want to know that your company can deliver. Creating an MVP is more than enough evidence to prove that because it shows that you are taking your idea seriously and working toward a result.
03After learning how to get investors for an app, let's talk about the different stages of startup fundraising.
Raising pre-seed money is a lot more challenging than it sounds. Most early-stage investors want traction, an excellent founding team, and a proof of concept. The main reason they are looking to invest at this stage is that they want to help you grow – and they want you to have a strong chance of success. If you don't have a great idea, the right people, and a plan to grow your business, you're probably better off waiting for the next stage. The good thing is that if you have some traction and are making good progress and generating revenue, you might be able to raise money at this stage.
Seed funding is a type of early-stage investment in a startup company. Angel investors and venture capitalists typically provide it. Seed funding is generally the first stage of venture funding or investment in exchange for an equity stake in the company. It can be provided in several ways but is most commonly offered as convertible debt or ownership equity.
Series B, C, D, etc.:
It's a new idea and a gamble. You're a startup if you're raising a seed round or a Series A. You're offering something new, and the market is responding well. You've got a happy customer base, and now you want to improve on what you've got. That's why you're looking at Series B and beyond. That's when you're making a name for yourself.
04How to pitch your app idea to investors
If you're looking to pitch your app idea to investors, there are a few things you'll need to keep in mind.
- First, you'll need a well-thought-out, detailed business plan outlining your app's development, marketing, and monetization strategy.
- Second, you'll need to be able to articulate your app's value proposition and unique selling points.
- Third, you'll need to have a solid understanding of the competitive landscape.
To give your pitch the best chance of success, do your homework and come prepared with answers to any questions investors may have. Be confident but not arrogant, and highlight your app's potential return on investment. If you can do all this, you'll be well on securing the funding you need to bring your app to life.
05 How much funding do you need for your app startup?
There is no simple answer to this question - it depends on several factors, including the size and scope of your app, the platform you're developing for, and the features you plan to include. A rough estimate is that you'll need to raise somewhere between $50,000 and $250,000 to get your app startup off the ground.
Of course, this is a ballpark figure - depending on your specific circumstances, you may need more or less. But this is an excellent place to start if you want to raise funding for your app startup.
Remember, the funding you need will also depend on how much you're willing to invest yourself. If you're putting up some of your money, you'll need to raise less from outside investors. So it's essential to factor that in as well when you're estimating your funding needs.
Ultimately, there's no magic number regarding how much funding you need for your app startup. It all depends on your specific situation. But if you're looking to raise money from investors, an excellent place to start is by estimating that you'll need to present somewhere between $50,000 and $250,000.
06 What to do once your app gets funding?
Once you've secured funding for your app, it's time to start turning your vision into reality.
The first step is to assemble a team of developers who can bring your app to life. Don't skimp on this step – a good development team will be critical to your app's success.
Next, you'll need to create a detailed roadmap for your app. This roadmap should include everything from the initial development to ongoing maintenance and updates. Include milestones and deadlines in your roadmap to track your progress and keep your team on track.
Finally, you'll need to start marketing your app. This includes everything from creating a buzz on social media to submitting your app to app store directories. Ensure you have a solid marketing plan to get your app in front of as many potential users as possible.
07 How to find investors for startups in India?
There are several ways to find Top investors in India for app startups.
One way is to attend startup events and meetups. This is a great way to meet potential investors and get your foot in the door.
Another way is to use online platforms. These platforms allow you to connect with investors and pitch your startup.
Finally, you can also use personal connections to reach potential investors.
This could include family, friends, and acquaintances. If you have a strong business idea and a solid pitch, you should be able to find investors for your app startup in India.
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11 Best Apps to Download Instagram Photos and Videos
Do you want to download Instagram Photos and Videos? Well, there are a lot of people who want to do that, but can’t. Instagram is the world’s best example of social media app development. And needless to say, it has a user base numbering billions. Being a total video and photo-based platform, Instagrammers are often left disappointed when they want to download a photo they like or a video they want to keep. Instagram just doesn’t allow that. While you can still screenshot or screen record, it isn’t the same, right? This blog is for you if you are looking for apps to download and save Instagram photos and videos.
01 Top Instagram Photo and Video Downloader AppsIf you want to save photos and videos that you see on Instagram, but don’t know how to do that. Well, we have not one but 11 solutions for you.
|1. Quick Save||Link|
|3. VideoProc Converter||Link|
|4. iTube Go||Link|
|5. FastSave for Instagram||Link|
|6. Saver for Instagram||Link|
|8. Social down||Link|
|10. Leawo Video Downloader||Link|
Quick SaveOptimized to work with the latest Android technological advances, Quick Save offers you the chance to explore new methods to save your most loved images, as well as the ability to download Instagram videos. It's very simple to use and requires no technical knowledge. All you have to do before downloading is to tap the video or image you wish to download. After that, the app will ask you to click to share that video or image on your android device's screen. If yes, hit the save button. It will ask if you want to save your files on your Android device. Select the location of the file you would like to save, and then in just a few seconds, the file will save to your mobile phone, available to share with anyone.
- It's one of the most effective Instagram downloader Android apps that allow users to upload downloaded images or videos to social networks using the Quick Save app.
- The InstaSave is a feature of Instagram that will keep saving and downloading images and videos you like on Instagram.
AloinstagramAloinstagram Videos and Photos is an online tool that allows you to download images and personal Instagram videos that you can share on any internet on your pages. The primary goal of this tool is to provide a valuable online service that works for you by providing all recent videos and photos. The service will assist you in constantly getting the most recent information from your followers to inform them of what's happening on their pages. It will also provide some helpful information in any area. Using Aloinstragram to publish your content or hide it is also possible.
- Download and save videos from Instagram accounts.
- Download photos or videos are taken from Instagram, Story, IGTV, and more, along with Hashtag Monitoring tools.
VideoProc ConverterA powerful tool to process video files, VideoProc Converter enables quick and secure Instagram video downloads. It is possible to download music, video subtitles, and streaming videos from over 1,000 websites, such as Instagram, YouTube, Facebook, Twitter, Vimeo, and Dailymotion. Channels and playlists can be saved, and batch downloads can be supported. The videos you download can be converted into MP4 or MP3, AAC, and other formats and exported in any resolution. With its user-friendly interface and development as a powerful tool, VideoProc Converter enables even beginners to download and manipulate videos effortlessly. There are no ads, no lagging, and there is no loading time. Download it, and then download all your Instagram videos.
- Just one click to download the videos on Instagram for no cost
- Converts Instagram videos to MP4, MOV WEBM, MKV, and more.
- Edits Instagram videos like trim, split, merge, add subtitles
- Record your webcam, screen and webcam simultaneously
iTube GoiTubeGo is an excellent application for downloading Instagram videos. This program will enable users to download any Instagram video they wish to play later in higher quality on their PC without buffering. iTubeGo can convert your videos to be played on various devices, including desktop laptops, desktops, iPhones, Ipad and MP4 players. The tool's interface is simple to navigate, and the tools are available at all times in the user's panel. Through tube go, developers have developed movies and television series, an internet-based search engine that uses subtitles that you download from any video. It has a fantastic built-in converter so that you can download high-quality video on an Android phone.
- Download YouTube audio, videos, YouTube videos tracks, playlists, and channels with just one click
- Convert YouTube to MP4, mp3, mov M4A, avi, and more.
- Remove YouTube music and videos within the built-in browser
FastSave for InstagramFastSave is a fantastic and simple method to download and save images and videos on Instagram, even if they're private. With these Instagram videos online, download the app and save Instagram images and videos forever in just one click. FastSave is a FastSave photo downloader software that is simple to download, easy to use as well as safe, secure and speedy for users. Suppose you wish to download individual posts with no interruptions to ads. In that case, FastSave also allows you to filter your Instagram search results for videos or photos using words that appear in the title of posts. FastSave is the most efficient way to save Instagram videos onto your device.
- Read stories quickly and quickly from an area on top of your main display.
- Get the user's details by pressing long on the saved images and videos.
- This Insta saver provides fast download speeds.
- The dashboard allows you to organize your quickly saved images and videos.
Saver for InstagramSaver on Instagram is the best app for downloading Instagram video content online. It allows you to save videos, photos and other material from Instagram. This app allows you to save and share content that interests you on your tablet or smartphone. This means you can see information such as how many followers you have and comments on specific posts. The user-friendly interface of the application makes it simple to use. You only need to go to the website and select the profile you want to download. The downloads are saved to your gallery. You can search for them at any time.
- This Instagram application for downloading videos allows you to open the downloaded content on your phone's gallery.
- The app allows you to copy the description of the blog post.
RegrannInstagram Stories are by far the most important feature that Instagram has after Instagram live. If you would like to be amongst the initial to receive followers of Instagram stories by the user you love, Regrann Instagram Downloader makes it possible. The app is a mix of an Instagram story downloader and an Instagram video downloader, which allows users to download the posts of their favorite people or companies on Instagram and Stories. Using this app to save your photos and videos privately and not share them with your Instagram account is also possible. Regrann Instagram tool lets you download Instagram content directly from your Android phone.
- Instantly download Instagram images.
- Regrann utilizes Instagram. Instagram app to post images and videos.
- The Instagram post download application lets you preserve your original Instagram
Social downThe Social Down tool is among the most sought-after and readily available apps for downloading Instagram videos. It is specially developed to help social media users download their preferred content from their websites easily. Additionally, it's available for download at no cost. This means that it will assist you in saving a significant amount of time and money. Social Down was created to address the demands of users who require a social media crawler to help them download data in a structured method for their digital collection.
- It lets you save your Instagram profile photo as HD quality.
- This Insta downloader application allows you to post videos and images on Instagram.
StogramStogram is a brand-new app that was released recently. It is different from other Instagram apps. It allows you to access Instagram videos online and any image you have uploaded to your account. After downloading it, you can upload the image on other image-sharing or social media websites. It currently can only be used with Instagram. However, as new features are added, you'll be able to use it as your primary application for uploading images to other websites. In the age of technology, in which big things are always getting smaller, it's not surprising that Instagram, an app for sharing photos, is now available in Stogram.
- You can save Instagram stories and highlights.
- Lets you view the Instagram feed of others easily.
- Allows you to keep Instagram posts up to date.
Leawo Video DownloaderWe have a solution to offer you if you're looking to download live videos on Instagram and looking for a way to do it. The Leawo Video Downloader allows you to download Instagram videos at 720/1080p resolution and gives you six times the speed of the sites. The app lets you download videos, music and tv shows, live streaming, and more. This gives you a more enjoyable user experience by utilizing intelligent settings for downloading. An integrated video player even allows you to play the downloaded video.
- Transfer Photos, Music, Contacts, SMS, etc. Between iOS Devices, iTunes, and Computers.
- Record Music and Audio from any source that is 100% authentic.
- Best Blu-ray Player software supports Blu-ray, DVD, and video files.
InGramer For InstagramIf you want to download a large amount of content, this is the right option to download Instagram videos online. It will make it easier for you to speed up the downloading process. With a user-friendly interface, you can download all kinds of content from Instagram regardless of IGTV photos, IGTV, Instagram stories, or any other. It's only a matter of seconds to download content from this platform. You can download content from anywhere and save all the Instagram content around the globe. It is as easy as clicking on the 3 dots on the content. After that, you must duplicate the link and then paste the code into the box. Finally, click download.
- Instagram Photos Downloader is a program that lets you save any Instagram image to any device.
- You can download images and videos to iPhone, iPad, iPhone and Android devices.
- Am videos and photos.
02 ConclusionThese are some of the best apps you can use to download photos and videos from Instagram. If you are someone who wants to develop a similar app for your business, you should consult a market-leading web and mobile app development company.
Need A Instagram clone app?Contact us
- Are Instagram video downloaders legal?
- Is the Instagram downloader for videos used on any other platforms on social media?
- What length will an Instagram video be?
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How Much Money Can You Earn Through Apps?
Mobile App Development is one of the largest technology trends of our time.
There are over 2.65 million apps on Google Play Store while Apple’s App Store houses 2.18 million. Businesses like Facebook, Instagram, and Amazon have been generating not just millions but billions of dollars through mobile apps.
While not every business earns billions, an average business can still generate decent revenue with money-making apps.
Sounds interesting, right? Let us tell you more about it.
In this blog, we shall be discussing what money-making apps are and how you can use them to increase revenue.
01 What Are Money-Making Apps? How Much Money Can You Earn Through Apps?
While the name is quite self-explanatory, it can still get quite confusing. What are money-making apps? Well, it depends.
Depending on your business model, there are different forms of mobile apps through which you can expand your business, reach more customers, and generate more revenue.
For instance, Food Delivery App Development suits a restaurant business while a laundry service can expand its clone app development area of service with on demand laundry service app.
But in a general sense, a money-making app is a form of application that allows a business to provide monetized services with the goal of revenue creation.
Now, the important question is, How Much Money Can You Earn through Apps?
The answer to it is simple, there is no limit. Mobile app industries are worth hundreds of billions. And it is expected by the end of 2022, the app market will cross the US$420 Billion mark.
Moreover, when we look at the top 200s apps in the App Store, generates around $82,500 per day. While the top 800 apps, generate an average of $ 3,500.
Nevertheless, the revenue generated doesn’t depend on whether it is free or paid, as the majority of solutions make money through monetization strategies.
For example, Instagram, a good example of social media app development, is free for everyone to download. Still, it is worth more than 1 billion dollars and generates millions in revenue.
Moving on, before we get into the monetization strategy, let’s first discuss some things that you need to do before you develop a money-making app in the next section of the blog.
02 Things To Do Before Developing A Money Making App
Custom mobile app development is a complex process with a lot of different aspects. So, to make sure, you get the most out of your solution, there are some things that you need to take care of before you start the actual development process.
In this section of the blog, we shall be discussing just that. Therefore, this being said, let’s get right into it:
Choose The Right Solution
Something that you need to do before you get into money-making app development is, choose the right solution.
You see, the term mobile app is an umbrella, under which you can find several different forms of mobile app development. And depending on the purpose the solution serves and the services you want to offer, as well as the very nature of your business, the app type can be different.
For instance, large malls, often resort to eCommerce development and a record company mind develop a music streaming app. You get the gist of it.
Now, if you want to generate record-breaking revenue through a mobile application, this is the first thing that you need to do.
Cross-Check The Idea
Consider that you have an idea or found the right solution, you need to check it.
You see, people often choose the first idea they get and start work with it. This is one of the reasons why they aren’t able to generate amazing revenue with it.
For that reason, when you have an idea at your hand you need to cross-check it. You need to make sure that it is market relevant, it is actually solving a problem, it fits your business needs, and you can generate revenue through it.
Once you have made sure of all of this, we can move to the next section, which is….
Market Audit & Competitor Analysis
Research is one of the key foundations of any mobile app development process. And this is something that you need to do before you Create a Money Making App.
How do you conduct a market audit? Well, there are various ways, you can hire someone or do it yourself. There are many things to learn here, for instance, you can look for market openings, find opportunities, check the latest trends, and so on.
One of the most important things to do here is to look for your target audience group. In addition to this, you also need to conduct competitor analysis. This is where you find what other big players are doing, find their strategies, what people like or dislike about them, and so on.
All the information collected here is more than crucial and helps you create a robust solution that helps your business grow and generate market-leading revenue.
Select App Development Platform
Since we are talking about mobile app development, we can not move forward without choosing an app development platform.
Everyone knows when it comes to the platform, there are two major platforms, namely, iOS and Android App Development Services.
While the iOS vs android debate has been going around for a long time, both of these platforms are amazing in their own right. And when done right they can deliver amazing performance.
Again, at the end of the day it all depends on your business needs and preferences. As such, if you think, native app development isn’t something for you, you have a third option for hybrid app development which gives you the best of both worlds.
Choose the platform that best fits your business, as it is not something that you can change later down the line.
Nevertheless, with all of this said and done, we can move on and discuss the different monetization strategies, meaning the real force behind money-making apps. Therefore, with this being said, let’s get right into it:
03 How To Make Money Through Apps? Monetization Strategies
Whether it is a food delivery app or grocery app development, you need to embed monetization strategies into the same.
Now, the real question is, what are monetization strategies?
Well, these are strategies that are added to the mobile app and allow the platform to develop revenue. In this section of the blog, we shall be discussing a few of these different monetization strategies.
Therefore, with this being said, let’s get started:
As the name itself says, this monetization strategy is related to advertising within your application. Here, the application is free to download and use.
Advertisements are embedded into the user interface and throughout the User experience of the application. In simple words, advertisements are integrated into the UI/UX Design of the application.
Moreover, there are different forms of advertisement. This includes Interstitial ads, Banner ads, Video ads, Native ads, Text ads, Native ads, etc.
Now, for those wondering how much money can you generate through in-app advertisement, well, the answer is a lot.
Among all the different monetization strategies, this is one of the most profitable ones. In fact, there are high chances that you have used a lot of apps that use this monetization strategy. As such, the average revenue per ad impression can range from $0.10 - $10.
It goes without saying that this is the most common and popular monetization strategy. And if you want to know how to make money from an app without ads, this is the answer.
Well, as the name suggests, this model is a combination of FREE and preMIUM. In simple words, the application is free to download and use.
Again, this is a method that is usually applied to game clone app development. And a popular game, Clash of Clans earned nearly exceeded $1 million per day on purchases.
However, if users wish to access the premium features, functionalities, extra lives, blocking ads, premium app content, game currency, etc, they have to pay to the platform. This includes
Now, what makes this platform that much more popular than any other on the list is the fact that you aren’t forcing anything on the user.
This is a method that you can consider in your mobile app development project if it fits your business needs.
Subscription (Premium) Model
Want to know how to monetize an app to earn as much money as possible? This is the strategy that you should go with.
You can call it the subscription-based model or the premium model as per your convenience, but it does the same thing.
In every monetization strategy that we have discussed so far, the app is free for everyone to use. But this changes with the premium model.
Here, if the user wants to access the services or content of the platform, they need to subscribe by purchasing a plan. The plan can be monthly, quarterly, or yearly.
While this strategy is used by only 5% of the application, revenues generated by recurring subscription payments have been increasing, one-time or lifetime subscriptions still hold their share in major industry verticals.
As such, this is a method that is mostly used in music streaming app & website development, video streaming app like Netflix, and so on.
This is a technique for making revenue from a mobile app that a lot of large brands use in their solutions.
This model is generally consolidated with those applications that as of now have standard clients and is appropriate while interfacing with brands from a similar market specialty.
While examining exhaustively how apps bring in cash by means of this monetization methodology, there are two arrangements to go with. The first option is that you can either equally divide revenue from the mobile app.
And on the other hand, you can set a monthly sponsorship fee, which you have to pay. This is one of the easiest methods for revenue generation in a money-making app that has been embedded into a lot of business app development solutions.
Yeah, we know that this might not be the most popular method, but as 97% of the apps on the Google play store are free, this is still an option.
In fact, when you move to iOS app development, this is quite a common monetization strategy as they are more inclusive of paid apps.
Speaking of which, a paid application has to be bought with a one-time payment. And after that, it is free to use.
These are some of the most popular monetization strategies in the market. Now, you can either use one of these strategies or a combination of multiple like big market players do. In fact, you can also come up with your own app monetization strategy.
Develop A Money Making App with UISlick
People spend 90% of time spent on mobile devices is in apps. And when done right, a mobile app can be just what you need to grow your business and double, triple, or even increase the revenue by 10 folds.
If you want to develop an aesthetically pleasing app with a robust backend that helps you streamline your business operation, while also generating market-leading revenue, all you need to do is reach out to UIslick.
As a market-leading mobile app development company, we can help you turn your idea into reality.
- How much money do apps make?
The App Store’s top 200 apps make around $82,500 each day. While the top 800 apps, the average income falls to around $3,500.
- How much money do apps make per download?
The average revenue per app download the average is $0.60 to $1.20.
- How much money do Android apps make?
Android apps are expected to make $45 billion in 2021. However, iOS is much larger when it comes to revenue generation with two-thirds of app revenue despite only covering about 22.9% of the market.
- Can you make money from an app?
Yes, it isn’t all that difficult to generate money making app, and if you want to do the same, UIslick can help you.
- What are the most profitable apps?
Some of the most profitable apps include Uber Clone App, Custom business apps, eCommerce apps, and grocery delivery app.
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AngularJS VS ReactJS: Flexible framework or Lenient library
After releasing Angular and React, there is a debate among developers about whether they should choose Angular.JS and React.js. But after a couple of years, the developers got more confused when Vue came into the market.
Deciding on an appropriate framework for yourself can be a challenging task, especially when you have to select between the two supported by tech giants Google and Facebook.
So, before jumping to any conclusion for your project, you should have in-depth knowledge of the variations these frameworks have and what are their pros and cons. We have tried to cover each and every feature. So, without further ado let's get started.
Outline of the frameworks:
Released in 2016 it has an HTML and typescript template language. Angular helps to modify every feature to suit your development workflow and project needs.
Let’s glance through the pros of AngularJS:
Angular applications load rapidly with the new Component Router, which performs automatic code-splitting so that the users only load the code required to render the view they have requested.
Angular can be considered because of its complexity ranging from lower to medium category. The independent classes of dependency injection deliver higher performance to the applications being developed on Angular.
Flicking through the pros of ReactJS:
Improved User Experience
Data Binding and code stability
In the case of React, it allows the developers to work directly with the components and use downward data binding. This is done to ensure that the parent branch structure does not get affected by the amends made in the child branches. This perspective makes the code secure and helps to develop a finer and more stable code.
In React, the developing organizations can reuse the code components at various levels which makes React easy to use. Each component is secluded from the other and any supported changes in any segment do not affect the other, which makes it easier to manage the updates making it more methodical in terms of its implementation.
The above-mentioned features make the React app development efficient, streamlined, and easy for developers.
The juxtaposition of the two frameworks:
Let’s get ahead and go through React VS angular comparison where all the major points are being included for you to compare and contrast –
Performance and DOM (Document Object Model)
1) Angular vs React performance
Angular uses a real DOM structure where the tree data structure is updated even if a single section or branch of the tree gets updated or altered. Whereas, React uses a Virtual DOM structure which enables the developers to update any branch without making amendments to the original tree structure. Hence, a virtual DOM takes the lead here and is considered faster than the real DOM.
2) Data Binding
The React framework uses a one-way data binding method, which means that the Ul (user interface) elements cannot be amended without refurbishing the corresponding model state. Angular, on the other side, use the two-way data binding method. It helps you to ensure that the model state would instinctively change when any change is made to the project.
4) Best Features
The Flexibility to choose provided by the React framework in terms of tools, libraries, and the app structure is much better than Angular which also helps you make the app highly customizable. Angular has average performance and flexibility when it comes to complex and dynamic web apps.
6) Dependency Injection
React does not fully support dependency injection as it does not fully comply with the idea of functional programming and data immutability. Instead, it has a global state for all components. The greatest advantage of Angular rests in the fact that, unlike React, it supports dependency injection. Therefore, Angular allows different life cycles for different stores.
7) Testing and Debugging
React demands a set of tools to perform various types of testing and debugging. While in Angular the same procedure for a complete project is possible with a single tool without any complexity being added further.
Due to the ongoing development process, the documentation in Angular is slower. Apart from this most of the documentation in Angular is outdated and is not used by the developers anymore.
The React documentation is comparatively faster, although it is also undergoing regular updates and the insights are still useful for the developers.
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9) Community Support
React has a wider range of community support than Angular on GitHub and has support from the Facebook developers community but, the 2018 StackOverflow Developer Survey says that the number of developers working with Angular is higher than developers working with React.
React and Angular both are good options when it comes to single-page web applications. They have their own pros and cons but you should know which framework or library would be best suited for you and your project.
The popularity of these front-end applications is only going to increase in the future so you can rely on them for at least a few years. You might not be convinced by the above write-up and following some of the best react native app development companies for guidance would not be such a bad idea. It will allow you to learn about this framework and its usability a little better. This will allow you to decide on the framework as per your requirements. All the best!