How to Make Money Making Apps for Android and iOS

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Here is how to make money making apps.

In fact, this is the same strategy used by tech billionaires like the owner of Facebook, early owners of Instagram, WhatsApp, TikTok, name them.

If you don’t already know it, the process of creating apps is almost the same.

First thing first, you must come up with the idea, then build out the goddamn thing.

Lastly, get users and then choose the monetization methods.

That last bit is where you start making money through your app.

Isn’t that what you want?

And that is exactly what I will be walking you through in this article. You will learn how to move from not having any app to the point where you make your first buck.

But before then, here are some stuff you need to know.

What you need to know now

During the first half of 2019, spending on the Google Play App Store was an astonishing $39.7 billion (study by Sensor Tower).

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Why am I telling you this?

I don’t want you to think this is just another idea on random blogs on the internet. Making money with apps is a serious business.

If you look at the above numbers, you get one thing: the usage of apps is insanely growing.

More importantly, it means there is an opportunity to make money-making apps.

That said, what’s the process of creating apps?

That’s a good question. Because we can sit here the whole day talking about making money, but without an app, it’s all in vain.

How to create an app

Creating an app isn’t the most complicated part of the process. Coming up with a viable idea is.

Like, anyone can claim to know how to make apps, but the real question is, does the app solve any problem?

Does it have users?

#1. Come up with app ideas

For this reason, the first step of creating an app is coming up with app ideas. I won’t lie to you, this is the most tasking process of all.

This is the step that determines whether your app will make any money or if it will fail.

Many app creators recognize this and that is why they spend much of their time brainstorming viable app ideas.

And shit doesn’t stop there.

With a list of app ideas, they go further and undertake a feasibility test. In this stage, they look at the profitability potential of the app.

To simplify this stage, look at your app idea and ask yourself, ‘Will this app be able to solve a real problem?’

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Answer the question truthfully and save yourself hundreds of hours you’d invest in a useless app.

How to come up with profitable app ideas

Use these tips and strategies to brainstorm app ideas.

  • Hang around creative people – research has found that children with creative parents tend to think creatively as well. Ditch your dumb friends and surround yourself with creative people.
  • Tap into your fantasy world – I don’t care what they tell you about daydreaming, scientists have proven that engaging in fantasy can exponentially increase your creativity.
  • Visualization – forget about what motivational speakers feed you about ‘seeing yourself achieving the goal.’ Instead, visualize going through the whole app creation process.
  • Start acting childish – wait, what? Yes, perhaps children are the best teachers when it comes to everything creative. They are fearless and thus don’t worry about being wrong or making mistakes. They are curious. Their questions are annoying, I know, but that is because they are curious

Here is a secret:

You don’t have to come up with completely new ideas to be creative.

Ask everyone who is considered creative, they will admit that creativity in most cases comes from the point where you take existing ideas and concepts and put them together to form something new.

That is called innovation.

As it turns out, you can innovate app ideas.

Using innovation to create apps

This is simple.

Look at popular apps already in the market.

Ask yourself, ‘Is there something that I can change or add to make it better?’

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Look at Instagram guys. They loved Instamatic filters but figured it would be really useful (and cool) if you’d be able to easily share photos.

Instagram was bought by Facebook for $1 billion in 2012.

Armed with your app idea, you are ready for the next step to making money by creating apps.

#2. Start building the app

To help you with this stage, you need to map out the app idea. Think of everything your app will do. And then think of the tools and features needed to make everything possible.

This should be easy if you create something like a roadmap or a tree branching out from the main trunk. Mind mapping tools should come in handy.

Once you have nailed down the start to the end of the app, it is time to sit down and start building.

Here, you have two options:

  1. Do everything by yourself. Things like creating wireframes, coming up with graphical interfaces, and of course, testing front and back ends or
  2. Bring in the help of an app builder. This is a tool that will take of everything

While the first option allows you more customization freedom, the second option is easy, thus perfect for inexperienced app developers.

The choice is yours.

Let’s look at where you are now:

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  • App idea, check
  • App layout, check
  • The finished app, check.

Time to make some money.

#3. How to monetize your app

This is your last step in learning how to make money-making apps. It is at this stage that you decide how to monetize your app.

So there are six monetization options available. These are:

  • Subscription
  • Premium apps
  • Advertising
  • In-app purchases
  • Affiliate marketing
  • Mixed monetization strategies

Before we look at each of them, I’d like to say something:

How to make money-making apps depends on the type of your app. Typically, Gaming apps usually heavily rely on in-app purchases.

On the same note, software tends to go for the subscription model. In the end, it doesn’t matter what method you use, because there are a ton of successful apps to model.

One more thing:

How do App Markets like Google Play Store make money?

What is in it for App Markets? What is their cut?

Why is this important?

It is vital because their ‘cut’ should be factored into your final price of the app. Luckily, both Google Play and App Store use a similar pricing model.

Let’s look at it.

Apple App Store

  • Apple pockets 30 percent of all apps and in-app purchases
  • 30 percent of all subscriptions during the client’s first 12 months go to Apple. After that, it drops to 15 percent
  • Charges $99 annual fee for a developer account

Google App Store

  • Google Play pockets 30 percent of all apps and in-app purchases
  • Like the App Store, Google takes a cut of 30 percent of all subscriptions for the first 12 months of the customer. Then it drops to 15 percent
  • Charges a one-off fee of $25 to open a developer account.

Now, let’s look at ways to put money into your pocket using apps.

6 proven strategies you can use now to make money-making apps

  1. Offer premium apps

Instead of offering your app as a free download, why not sell it?

Creating paid apps is the simplest way to make money making apps.

All you have to do is figure out what people would be willing to pay for, create an app, and charge them to download.

The challenge isn’t in making money, it is getting people interested in downloading your app.

Everyone is looking for something that adds value to their lives. If you can figure that out, you are halfway there.

Additionally, you need to sell the app to people without them having to use the app. I don’t know if that makes sense.

People have to see the value of your app before they even experience it.

  1. Adopt a subscription method

Here, you are charging users a recurring fee to use your app.

Typically, it is billed monthly. But you can offer your users an option to commit long-term, say by paying yearly or quarterly.

As mentioned earlier, this strategy is popular with software apps.

For example:

Netflix, Spotify, Microsoft Office, and Dropbox.

Sincerely, this method is the best for both the user and you the developer.

As the user, paying monthly may be an affordable way of accessing such a useful app. On the other hand, you get recurring income as a developer.

  • Offer the app as a free download to get a user base
  • Consider a free trial to increase subscription rates
  • Or offer freemium (restricted free version, and upgradable version)

For example, study how Medium is doing its monetization.


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  1. Offer in-app purchases.

Perfect for gaming apps.

Consider adding in-game points or currencies that can be used within the app but must be bought using real money. Make them consumable (depletes when used) thus forcing users to buy more.

Make no mistake, it is not gaming apps only that can use this monetization strategy.

Apps like photo editors can charge for additional filters.

Bottom line:

Think of a way you can better the user experience within the app and charge for that.

  1. Serve ads in your app

Mobile advertising is huge right now.

This was proven by a study by the Interactive Advertising Bureau (IAB) showing that in 2018 alone, 65 percent of digital ad sales came from mobile platforms.

Serving ads in your app is the best strategy if the app is available for free.

Additionally, this is most popular with apps offering content for free. For example, news and games apps.

On the other hand, if you are offering in-app purchases, or paid versions of the app, using advertising is the best way of monetizing the non-paying users.

Even with that, what I like most about advertising on your app is that it is perfect to make money without the user spending anything.

  1. Making money through affiliate marketing

You probably understand what affiliate marketing is all about.

It is pretty common around the internet.

But what is not common is using affiliate marketing as an app monetization strategy.

Here is how it works:

You as the app developer agree to advertise products on your app. And then take a cut when someone buys.

For example:

Booking or comparison apps implement this method perfectly.

Also, a situation where fitness apps direct users to nutrition shops supplements stores, or exercise equipment.

The reason why affiliate marketing with apps works has to do with the number of data developers have about their users.

This way, they can offer personalized recommendations, thus increasing the chances of the user taking action.

You should tread carefully though when dealing with user data. This is a regulated field and can attract huge unnecessary fines.

  1. Implement a mixed strategy

You don’t have to choose one over the other.

There are situations you can use two at a go or interchange.

This is a plus for you as the developer because you won’t have to rely on one strategy, what if it fails or declines?

  • Serve ads in your app, then ask users to pay to remove the ads. It is very common, I bet you’ve seen it used.
  • Offer premium apps and still have in-app purchases on top of the cost of the app.
  • Experiment with both ads and affiliate marketing. Compare the two and focus on the one bringing you more money.

As I said, you don’t have to choose.

Final thoughts on making money with apps

We both agree that making money with apps is not rocket science, coming up with a winning app idea is.

If you can get that idea, you are 70 percent in the money. Now, go ahead and start making apps. As always, do not forget to share this guide.

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Top 10 NFTs to Buy to Get Rich in 2024

The price of NFTs is continuing to rise as more and more people flock to the crypt0 space. It’s only a matter of time before we see another BTC-like explosion ….

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Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

In this article, we are going to look into the top 10 multilevel marketing businesses that are trending in Kenya. But before that, confession time. I have no affiliation with ….

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Most profitable business ideas 2022

Top 10 Most Profitable Business Ideas in Kenya, 2024

Starting a business isn’t always an easy thing to do. Why? Because there are a lot of things involved before you can open your doors for business. Some of these ….

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Cash apps to try in 2022

Top 10 Make Money And Earn Cash Apps To Try In 2024

If you are looking for some ways to make more money in 2024, then this list of apps is perfect for you. There are so many options out there, but ….

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How much is Kenyans.co.ke worth

Top 10 Kenyan Bloggers Making Ksh. 1M Monthly Blogging

Last year May — if you gave me an option to choose between full time employment and blogging I’d have picked full time employment without thinking twice. That’s because blogging ….

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Boda Boda Business Ideas in Kenya - Businesses That Will Make Money

Top 10 Businesses That Will Make You Money in Kenya in 2024

There is no denying that for 90% of new businesses in Kenya, the sole objective of starting a business is to make money. But, what if you started a business ….

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Best Telegram Channel for Forex

Top 10 Best Forex Channels For Telegram Signals

Telegram is a popular messaging app that allows users to send and receive messages, photos, videos, and other files. It also has a feature called channels, which are groups where ….

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Affiliate marketing Korea

Top 10 Affiliate Marketing Sites And Networks to Join in Korea

There are many Affiliate Marketing sites out there, but which are the best to join to make money in Asia in 2023? We have compiled a list of the top ….

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Best trading books for 2020

Top 10 ‘How to Make Money Books’ to Read in 2023.

If you care about your Finances, you must have found yourself reading a book or two on the same topic. Leaders read and if you have to lead as concerns ….

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Download TikTok

To The People Who Still Won’t Download TikTok, What’s Your Reason?

There are some people who still refuse to download TikTok, and we’re not sure why. This app is one of the most popular social media platforms in the world, and ….

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What are NFTs?

Tips for Investing in Cryptocurrencies – 5 Top Cryptos to Consider in 2024

The cryptocurrency market has experienced enormous growth over the past decade, and it is set to expand to new heights in 2024. There are thousands of options for crypto investors, ….

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earn money by chatting with strangers

TikToker, Earns $7,000 Chatting Men, Recommends ToChat

Earn money by chatting with strangers. Before this post, did you know that such a thing even existed? Well, while the notion might raise eyebrows, you can indeed make money ….

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Post Your First Video on TikTok

TikTok Business Ideas for Beginners for 2024

This blog post is all about TikTok business ideas for 2024. If you’re just getting started with TikTok and you’re not sure what kind of business you want to create, ….

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Creating engaging videos on TikTok - Download TikTok

TikTok Business For Beginners – How to Build an Audience with TikTok

Are you looking to grow your TikTok account? If so, you’re in luck! In this blog post, we will discuss some tips and tricks that will help you grow your ….

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Personal computer and smartphone repair services in Malaysia

The Ultimate Guide to Growing a Finance Blog

The world of finance has a lot of moving parts and is in a constant state of flux. The advice you share on your blog today may not remain relevant ….

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Popcorn business in Kenya

The Ultimate Guide for Starting a Popcorn Business

You are on the street walking around and your attention is caught by a Popcorn vendor outside some shopping mall. You can’t resist the urge to go get a packet, ….

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The One on One Guide of Options Trading

It hurts, doesn’t it? You opened an Options Trading account hoping to become rich overnight. You invested a lot of money in your first trade and lost. Invested more in ….

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Selling NFTs

The Most Profitable Ways to Make Money Selling NFTs

Recently, the crypto community has been swept up in a frenzy over Non-Fungible Tokens (NFTs). But what are they and why should you also want to get one? NFTs are ….

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The Best Forex And Options Trading Apps of 2023

There are a number of ways you can make money in 2023. Broadly, you can choose to be employed or be self-employed. I usually have a problem with that part ….

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Play to earn crypto games - Earn free NFTs

The 3 Best Play-to-Earn Crypto Games in 2024

Do you ever wish that your childhood dream of becoming a billionaire could actually become a reality? If you are reading this, the answer is probably yes. The idea of ….

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The 10 Best Online Trading Courses for 2022.

The 10 Best Online Trading Courses for Brazil

To be successful in online trading, it is important to have the right training and education. But which online trading academy is best for online trading lessons? Is it one ….

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Tahsin A. from Bangladesh became Trader of the week on Quotex platform, he earned $42 711!

Tahsin A. Earns $42 711! Becomes Trader of the week on Quotex

Are you ready to be inspired by a remarkable trading journey? In this exclusive interview, we share the story of Tahsin A., a dedicated trader hailing from Bangladesh, who today ….

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Suna west mp Peter Masara attacks Migori Governor over hoodwink projects within the county

Suna West MP Peter Masara Attacks Migori Governor Over Hoodwink Projects Within the County

Suna West Member of Parliament Peter Masara has again outrightly called out the governor of Migori County and his administration for the misappropriation of funds and underdevelopment evident in the ….

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What causes stocks to change

Stocks Trading for Beginners: Buy Your First Stock Price on Olymp Trade.

Are you looking for a guide on how to trade stocks on Olymp Trade? You’ve come to the right place! In this blog post, we will walk you through the ….

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Starting a Business for 10K

Starting a Business for 10K | Low Cost Businesses to Try in 2024

Can you start a small successful business with 10K? Of course, you can! And nothing should hold you back in 2024. Not capital. Not lack of business ideas. And certainly ….

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eCommerce business

Start an eCommerce Business in Kenya With Ksh. 1,599

What’s the most unique business that I can start in Kenya to enjoy profits & monopoly for at least one year! Any ideas? An eCommerce Business? There isn’t a single ….

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Tiara and Toppers - Start a small bakery business in Kenya

Start a Small Bakery and Earn 2,000/= Daily Baking Cakes from Home

Which is the most profitable business that I can start with almost no capital to earn Ksh. 2,000 daily in 2024? How about you start a small bakery at home! ….

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Start a Beauty Shop With Ksh. 2K to Make 5K= Daily

Starting a beauty shop with a limited budget is indeed a smart move, especially considering the potential for profitability in the cosmetics industry. Let’s delve deeper into the insights provided ….

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Spectre.ai Affiliate

Spectre.ai Affiliate Program. Earn Up to $3,650 For 10 Traders

This is for you if you want to start making money in Forex, crypto, digital options, or EPIC without trading. This is for you if you want to be a ….

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Uhanya beach in Bondo

Sorrow as Epileptic Man Drowns in Uhanya While Taking a Bath

Sorrow in Uhanya village as a 26-year-old man drowned and died in Uhanya Beach Bondo Siaya county. This sad turn of events happened on Tuesday at 6 pm as the ….

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Small scale business ideas

Small Scale Business Ideas for New Entrepreneurs

Are you looking for small scale business ideas that you can start now or in the next five years? If so, you have come to the right place. In this ….

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Skillshare affiliate - Learning, Online Learning

Skillshare Affiliate | How to Make $100 With Your Phone Today.

What are you currently using your phone for? Posting photos on Instagram? Posting videos on TikTok? Or just to view status stories on Facebook? Did you know that you could ….

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One Response to “How to Make Money Making Apps for Android and iOS”

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