Getting Funded 121 Money

Published on September 25th, 2013 | by Jose Vasquez


4 Ways to Make Money with a Mobile App for Startup Tech Companies

These strategies to make money with a mobile app are helpful for entrepreneurs looking to mobilize their technology.

Mobile apps are incredibly popular, and there’s no indication that their worldwide dominance is going to decline any time soon. Virtually all web-based platforms and applications now have a mobile app, and there are millions of apps exclusive to mobile that are entertaining, organizing, and delighting users around the world.

So how can you build an app that has a propensity to generate revenue? After all, revenue is the bottom line for any business. There are a hundred different types of apps you can build, and the specifics are virtually limitless, but ultimately there are four common ways to make money with a mobile application:

  1. Subscriptions. This is probably the easiest method to manage, since you’ll create a series of flat rates and automatically charge as people use the app. However, it’s also the hardest to initially sell, especially if you require a minimum enrollment period. Offering a free sign up can help entice new users.
  2. One-time fee. Another popular way to make money is simply charging a one-time fee for the app itself. Most app developers can’t get away with charging more than a few dollars for a download, so keep that in mind when you go to market. You could also offer a complementary service as an added bonus.
  3. Enticement to purchase. For this method, you’ll be offering a free app that entices users to pay money for in-app features or for different products and services. This is great if your mobile app is only a peripheral offer.
  4. Advertisements. Depending on your clientele, it may be worthwhile pursuing some advertising on your mobile app. This way, you can keep your app free or cheap and still make a steady stream of money.

No matter how you go about making money with it, creating a mobile app is a great idea for any startup tech company. Keep this in mind no matter what kind of technology you’re primarily developing.

Related articles:

5 Reasons to Consider Crowdfunding for Startup Tech Companies
5 Ways to Get Startup Tech Companies Noticed
10 Tips for a Successful Demo in Startup Tech Companies

photo credit: Werner Kunz via photopin cc

About the Author

is a serial entrepreneur and tech specialist dedicated to helping startup tech companies grow and succeed. As the founder of Build. Brand. Blast., Jose has worked with dozens of enterprises to find direction, gain momentum, and achieve results.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑
  • Subscribe to the Build.Brand.Blast. News Feed

    Follow me on Twitter!

    Connect with me on LinkedIn!

    Connect with me on Facebook!

  • Categories

  • Meet Jose Vasquez

    Hey there! I’m Jose Vasquez, and I’ve spent my life helping startup technology companies get the direction and momentum they need to succeed. I started Build. Brand. Blast. as a resource for new entrepreneurs to learn the ropes of starting a business and the keys to building something that lasts.

  • Newsletter

  • Most Popular Posts