Do you have an idea of creating a mobile app in Tanzania for your business but you are scared to invest?. This is the common fear in every business owner as they know mobile app development will consume a lot of time and Money.
The fact that 80% of mobile apps from the App Store are free.
So let’s talk about 5 ways your free App can bring you money.
1.Freemium – You make your App free to Download & install but provide additional features at extra charge.
2. In-app purchases -This strategy is when you an app away & then you ask some money for extra purchases made within an app. Example this may be vividly exemplified by game apps where users might want to
buy additional coins or power-ups.
3.In-app Advertising -Here you can Monetize simply by displaying commercials inside the app and get paid from third-party mobile ad firms. It is also called Affiliate Marketing.
4.Sponsorship -Landing a sponsor is a good way of making money with apps, You will find partners who would like to sponsor it to present their message to your audience.
5.Raising Funds from data, Nowadays there many companies search for specific data so might be several advertisements companies of firms who need of the data of your target customers., Which is possible when they have the right data in hand.
📲The future of free apps seems to be bright! So your investment in Mobile App is worthwhile. IF you have an idea of a free app Let us develop that
app for you and follow the above-mentioned strategies to monetize well from the app and stay ahead of your competitors.