Hello,
I would like to understand how free social mobile applications make money?
Take for exemple Tinder: it is worth millions of dollars, the designer of the app has made millions, but how since the app is free? I do not see any ad when using the app.
Thanks!
It doesn't.
Investors can be quite patient. They want a business model to grow first and find a revenue stream later.
Google for "how does Tinder make money" and you'll see a few articles on this.
Mr.Koala is right - for the most part they don't. Even some extremely popular tools valued at millions (or billions) have never made a dime. Ideally, someone will be able to retroactively monetize the property, which is what the valuation is based on - potential monetization. However, the cynics among us will point out that certain historic economic bubbles have been burst based on the misplaced hope of future monetization.
Google itself originally was free service. Once you have user base you can always add paid functions.
when they collect big user base it is possible to sell ads and other users information for 3'th parties
And then you have mobile ads on top of that... But like said before, it's usually the investors that pay all the money.
Related
For people who are interested in downloading mobile apps, potentially owning mobile apps, or connecting with programmers to create a mobile app, visit AppsBidder.com.This site features apps that fit all kinds of necessities from bringing people the news to allowing users to play the guitar on their touch screens. Users can also bid on the exclusive ownership rights for apps as aspiring entrepreneurs.
Most people will realize that there are a few components of this service they haven’t analyzed. Below you will begin to comprehend how AppsBidder delivers more than just a platform for downloading free or paid apps.
AppsBidder is a multi-tiered service that creates opportunities for users who have different interest in regards to apps. Any user, app developer, or entrepreneur can use AppsBidder.com to communicate and negotiate deals for creating apps or bidding for app ownership. You will be able to perform several tasks with apps on AppsBidder.com, but in the simplest of terms you are going to be able to bid on the ownership rights for apps designed either for personal or business use on mobile devices.
AppsBidder.com can be understood as a two sided service. Any user can download free or paid apps for their personal use for their mobile advice. AppsBidder requires no sign up fees and apps can be uploaded straight to AppsBidder.com and only when developers make a sale are they charged a 17% commission rate (compared to Google and Apple’s 30% commission rate). Another advantage for developers uploading apps to AppsBidder.com is that they can receive immediate payment from sales with a minimum threshold of only $10.00 compared to Handango’s monthly payment schedule and minimum payout rule of $250.00 per month. Companies or app development teams that are interested in bidding, selling, or developing apps can use AppsBidder.com as their platform. While AppsBidder takes care of certain legal and financial paperwork, users and developers are able to further communicate to negotiate terms on AppsBidder.com.
What this actually means for anyone using this program will be that this is a great way to either download, trade, and/or develop mobile apps. You can either download apps for yourself, or buy the ownership license for certain apps to re-sell to other individuals. Either way, you have several options to choose from on AppsBidder.com.
This is a very brief analysis of what makes this service so unique and why you might care to visit the AppsBidder website. If you were at all curious about some of the finer points of Appsbidder, hopefully you have found some of the answers you were searching for.
Hey Guys,
I have a app developed that I have been charging for use, but i am thinking about switching to a ad model and make my app free. I was wondering what advertising options are out there.
I know that admob owns a pretty big market share, but was wondering what are my options regarding how best to choose an advertiser, what are the other advertisers I have to choose from, and is there a benefit of one advertiser vs. another? Which one would pay more? I know this is dependent on how popular my app is.
Thanks for any info provided!!!
I personally use AdMob in my app. It also integrates Google AdSense ads into your app for when AdMob doesn't have an ad to show. I only just released my app a few weeks ago, but it seems like it will generate a pretty decent revenue. I searched before I implemented AdMob, but I really didn't find anything else.
Ed
wow...so admob has a monopoly of sorts in the market eh? So people use admob or get no ad revenue at all?
What about for the apple iphone? I heard there was iAds, and I guess admob as well? Is one better than the other?
can anyone provide anymore insight, or know of a forum which is popular among android/iphone app developers to better answer my question? There don't seem to be that many app developers browsing these forums.
thanks!!!
Personally, i use admob and have 2 apps using it. I don't make much from it (usually around $0.20 a day) but it's better than nothing i guess
As for which ad company to use, it doesn't really matter. They all pay out roughly the same: Millennial, AdMob, JumpTap, MobFox, etc. It's just down to personal preference really
misc86 said:
Hey Guys,
I have a app developed that I have been charging for use, but i am thinking about switching to a ad model and make my app free. I was wondering what advertising options are out there.
I know that admob owns a pretty big market share, but was wondering what are my options regarding how best to choose an advertiser, what are the other advertisers I have to choose from, and is there a benefit of one advertiser vs. another? Which one would pay more? I know this is dependent on how popular my app is.
Thanks for any info provided!!!
Click to expand...
Click to collapse
Can you briefly say something about your app? Is it game and what kind?
How many downloads have you had so far?
When it comes to in-app ads the industry offers much more than just regular banners. There are other ad formats that deliver much higher cCPM than banners but their implementation depends on the kind of app you have.
I work for LeadBoltApps - our speciality is Content Locks for example; Ad mob is mostly banners; Airpush does Push Notifications and so on. Hope that helps.
My experience with Ad Networks
I have a weather app and needed to get ads going immediately at launch to fulfill my contractual obligations for the weather data provider.
I tried both Inmobi and Millennial Media. The problem with Inmobi is that they want to review your app and approve it for ads once it is up and available from the store.
Millennial Media was much easier to work with. Ads were running in my test app even before launch. There wasn't any manual approval hurdle to jump through.
I also tried to work with YP.com (AT&T Interactive) since my app uses location and they pay good rates for local ads. They wouldn't talk to me until I get 1M pageviews per month.
We have just launched a campaign on Indiegogo website. About our new project which we really think is going to change the world. It’s a mobile app for restaurants,
a kind of social network but not limited to that! You may learn more about it here: igg.me/at/kindchef/x/4836930
Honestly, there are two reasons why I am talking about it here:
1) we have introduced some perks(gifts), that you mau find very useful and profitable.
2) the second reason is to spread the word about the campaign because we won’t be able to change the world if people are not supporting the idea… so if you even
just share it you have helped us a lot.
I hope this post is not looking like a shameless self-promotion. I never do that it’s just that the idea is so big and revolutionary that I think it does sound
righteous to talk about it and may sound very interesting.
Please visit the link above and find more information about it for yourself.
The most important way that you can help us, is by sharing the campaign link with your friends.
Please feel free to ask any questions,
Best,
MyFlashlab team.
Necessity of restaurant mobile apps.
There are number of benefits of developing a restaurant mobile apps for business owners. From a couple of years, holistic mobility solutions including restaurant mobility solutions really a make sense for online business.
In modern technology world of restaurant mobile apps, there are number of features are available that get benefit to both the end. Business owners as well as customers.
Kindchef- Innovative
kindchef app is a very innovative idea. it will allow restaurants to run flash sales for very specific times, make use of QR codes to automate checkouts, and has said it will help restauranteers even run their businesses better. Very best wishes on your app and if its a success it will surely thrust the restaurant sector into the 21st century with a bang.
Hello,
Now a days, mobiles are really helpful devices in any industry. People use mobile phones to surf the internet or shop from online store. It is useful to grow your business via using different applications. Is it good to develop mobile application for business or not? There are too many companies available who develop mobile applications. How to choose best mobile application development company from all of them?
Thank You,
Calvin Hewitt
It is ofcourse possible to develop an app for a business and it is generally not very expensive unless you want the app to do a lot. Not knowing what business you are in, if I were in your position I would do the following:
1 - Figure out what you want the app to do (provide a service or provide information)
2 - Have similar functionality on your corporate website with maybe a mobile version (ability to place orders, or track them, or view information)
3 - Search for app developers online in your country/city so that you can personally meet them for the next step
4 - Contact some developers with what you have in mind and ask for a quote for developing and maintaining the app, at the same time you will figure out what they can and can't do + see examples of apps they have done in the past to judge their capability
5 - If you feel confident you can try and search for and contact app developers in other parts of the world like China, India, etc who may do the job cheaper and as good
Good luck Calvin!
I think android development has huge potential of being a viable business but there is a lot of competition. From making my own app as a hobby and releasing it getting the download isn't guaranteed. I putting all eggs in one basket hoping an app will be a great busies is a risk one of the main reasons it is a sideline project/hobby for me, and maybe there is a slim chance of something i make gives the security to make it my own job.
Hello everyone,
We're trying to create a new open-source app distribution platform named Spheris, using blockchain technology. We are really interested in your thoughts – both devs and users. We're also open for possible collabs for those who are interested.
We’re utilizing Ethereum’s blockchain technology to build Spheris as a decentralized platform. This makes a lot of cool things possible:
No registration and transaction fees, as opposed to traditional app marketplaces who charge up to $100 for registration and 30% per each transaction. No technical restrictions or censorship. Optional anonymity. Forget about the need for credit card companies or banks – you will be able to buy and sell apps using our digital currency (Spheris tokens), with the option to exchange for other digital currencies (such as Ethereum or Bitcoin).
Customers will be able to purchase apps without going through registration and without credit cards. We’re also trying to accommodate devs whose apps have been removed from Google Play for questionable reasons.
Your Feedback = Extremely Important
We are in the early process of gathering valuable feedback from devs, and see if this is a platform that devs would like to be on. For users – do you guys see this as a platform you would buy apps from? Would love to start a discussion! For devs - have you had bad experiences with app stores (de-listing, ranking issues, not being accepted etc)? Does the concept of decentralization sound like something you might want to be a part of?
If you need more info, have a look at spheris.io or just ask me here.
Your questions and feedback are much appreciated,
Thanks
PS - apologies if this isn't the right forum for this topic!