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How do mobile apps make money?

Today's video looks the 4 ways mobile apps make money, so you can work out the solution for your app idea.

What we cover in today's video:

1. Freemium model.

Apps like Tinder, Strava, Zoom use this approach. It is very successful in the modern world.

2. Advertisement.

Social media sites and game apps are best at this.

3. Purchasing the app.

Not many apps require you to pay before downloading in the modern world, but companies like Netflix have done well out of offering a “free app” but you only get the content if you pay.

4. Use your app as a free marketing tool for your business.

Companies are starting to see a good ROI by building a mobile app as a successful way to increase their marketing and brand awareness. 

Together let’s turn your idea into a solution!