Game App That Can Earn Money

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  1. Lucktastic is like a virtual scratch-off ticket. Just download the app, and you'll get free tickets to play every day. You can use your tickets to try to win huge cash prizes, like $5,000, $10,000, or more! If you earn anything between $1 and $100, you can redeem it with a Dwolla account.
  2. Solitaire is the only card game app where you can MAKE REAL MONEY PLAYING FREE VIDEO GAMES!
  3. (There is a 30-day free trial.) All your money can be withdrawn at any time. And yes, it is FDIC-insured. A similar app to Long Game Savings is Acorns, which invests your spare change automatically. You won’t get to play games with this app, but you will earn by “rounding up” your purchases into a.
  4. Download this app from Microsoft Store for Windows 10 Mobile, Windows Phone 8.1, Windows Phone 8. See screenshots, read the latest customer reviews, and compare ratings for Incentive App-Download Apps And Earn Money.

When you’ve got some free time on your hands, it’s easy to pull out your phone and scroll social media or play a video game. Well, why not try out some legit game apps to win money?

Yes, these apps do exist, and there’s a wide variety of them out there so you won’t get bored. You may want to try a daily scratch-off ticket, or perhaps you’re interested in a trivia game. You could earn cash and rewards by giving your opinion on new games, or maybe you just want to play solitaire. All those options are available!

Money

Top Game Apps to Win Money

Have a little fun and put some cash in your pocket with these legit game apps to win money. You probably won’t make a ton of money with these apps, but you’ll still have some fun. And yes, we tried them all out first!

1. Lucktastic

If you like scratch-off lottery tickets, you’ll want to check out Lucktastic. It’s a scratch and win gaming app that is 100% free. Just pick the theme of your card, swipe to scratch, and test your luck!

Scratch cards are updated daily with new themes, and you can win daily, too! Enable push notifications to receive special limited cards in addition to your normal daily cards.

Even if you don’t win, you’ll earn tokens that can be redeemed for gift cards from over 30 major brands and retailers. You can also use your tokens for entries into any of their contests like Gas for a Month, Groceries for a Month, and prizes from Amazon. Refer your friends to earn 1,000 additional in-game tokens!

Lucktastic is 100% free and has no in-app purchases, but plenty of ads (as I’m sure you can imagine). It has a 3.9-star rating from 300,000+ customer reviews on Google Play.

Download Lucktastic:Android

2. HQ Trivia

If you’ve always dreamed of being on a game show, HQ Trivia is your chance to do just that! You can win real cash prizes for free on this live game show app.

To win, tune in each day to answer trivia questions and solve word puzzles. Be sure to turn on push notifications so you don’t miss the live shows. You only have ten seconds to answer each question, so there’s no time for Googling! If you get all the questions correct, you’ll split the grand prize with the other winners.

Earn coins by playing the Daily Challenge before each live show. Coins can be redeemed for extra lives and “erasers” that eliminate incorrect answers. You’ll get extra lives when you invite your friends to join the fun, too.

As you can imagine, there are some ads. You can also purchase coins to help in your gameplay. This app has a 3.6-star average rating from 160,000+ customer reviews.

Download HQ Trivia:Android | iPhone

3. Swagbucks LIVE

Formerly known as Swag IQ, SwagbucksLIVE is another free live trivia game show. It works very similarly to HQ Trivia in that you tune in to the live show and answer multiple-choice questions. If you answer all the questions correctly, you’ll split the grand prize with the other winners.

Even if you slip up and answer incorrectly, keep going as you’ll continue to earn Swagbucks LIVE’s digital currency for all questions you answer correctly. You can then use this currency for a second chance to win or redeem it for cash or free gift cards. Invite your friends to play to get free rejoins, too.

The digital currency for Swagbucks is, well, Swagbucks (they’re listed as SB on the app). If you’re familiar with Swagbucks, you know that you can cash these in for gift cards like Amazon and Walmart or cold hard cash via PayPal.

This app has an average 4.7-star rating from 22,000+ customer reviews.

Download Swagbucks LIVE: Android | iPhone

RELATED: 13 Legit Ways to Get Free Gift Cards (Amazon, Apple & More!)

4. Long Game Savings

Long Game Savings is a unique app that incentivizes saving money by offering interest on your savings and the opportunity to win cash prizes.

You’ll need to create an account and securely link your bank to get started with the app. Deposit money into your new Long Game account, then use your Long Game card for everyday spending to earn interest and get chances to play games and earn cash or cryptocurrency.

You’re also encouraged to set a savings goal and add money to your account to reach those goals. That’s another way to earn coins to play games.

Note that the app is only completely free if you enable automatic savings and use your debit card frequently; otherwise, it’s $3/month. (There is a 30-day free trial.) All your money can be withdrawn at any time. And yes, it is FDIC-insured.

A similar app to Long Game Savings is Acorns, which invests your spare change automatically. You won’t get to play games with this app, but you will earn by “rounding up” your purchases into a virtual change jar.

This app has a 3.8-star average rating from 4,000+ customer reviews.

Download Long Game Savings:Android | iPhone

5. Mistplay

Mistplay is a loyalty program for mobile game players that gives you rewards – including money! – just for playing.

To get started, just download the app, discover new games, choose a game, and start earning points. The more you play, the more you earn! Points can be redeemed for gift cards or cash rewards.

If you have friends who love mobile gaming, you’ll want to invite them to join as you’ll earn points for referrals and can chat and play with them.

Mistplay takes your gaming preferences and habits into account when choosing which games to show you. This is helpful on both ends as you’re more likely to play games you enjoy!

This app has a 4.1-star rating from 100,000+ customer reviews. It’s currently only available for Android, but you can sign up for the iPhone waitlist.

Download Mistplay:Android | iPhone (waitlist)

6. Lucky Day

Test your luck each day with the Lucky Day app. It’s a free sweepstakes app that allows users to win money and prizes.

Games include scratcher, lotto, and raffle games with the opportunity to win cash and earn rewards. There are no in-app purchases or deposits. Rewards can be spent on gift cards to Amazon, Walmart, Target, and more.

This app has a 4.1-star rating from 900,000+ customer reviews. Note that it’s currently only available for Android.

Download Lucky Day: Android

7. Boodle

Boodle is a free app that gives you rewards in the form of coins by playing mobile games and engaging in other activities like completing offers and answer daily polls.

Coins can be redeemed for gift cards to Amazon, Visa, Chipotle, and lots more. You’ll discover new apps and games and earn coins just for trying them out, and you can refer your friends and family to earn bonus coins.

This app has a 3.8-star rating from 700+ customer reviews. Note that it’s currently only available for Android.

Download Boodle: Android

8. The PCH App

You’ve heard of Publishers Clearing House with the giant checks showing up at people’s front doors, right? Well, they also run an app called The PCH App.

This free sweepstakes app awards instant win prizes to users when you play simple games and scratch-off cards. Use your entry wins to enter the big sweepstakes of your choosing.

You’ll also earn tokens when you play each game that can be traded in for rewards. Tokens can be redeemed for entries into smaller giveaways like for gift cards, microwave ovens, and even trucks. So, everything’s a giveaway and there’s no guarantee you’ll win anything, but it’s still a fun and simple sweepstakes app to try out.

This app has a 3.9-star average rating from 350,000+ customer reviews.

Download The PCH App:Android | iPhone

9. Bananatic

Bananatic is a website and app that rewards users for trying out free online games, playing and testing them, and writing game reviews. It’s a fun way to try out new games and give developers some feedback.

As you play, you’ll be rewarded with Bananas for completing simple in-game quests and writing reviews. Bananas can be exchanged for real prizes like additional games, Amazon gift cards, and digital gift cards to gaming platforms.

This app has a 3.2-star rating from 4,000+ customer reviews. Note that it’s currently only available for Android.

Download BananApp:Android

10. Brain Battle

Math whiz? Try out the free Brain Battle app and test your math skills by quickly answering simple math questions of addition, subtraction, multiplication, and division.

As you play, you’ll collect tickets that you can then use to enter the regular cash prize draws. The more tickets you collect, the better your chances of winning the cash prize which is paid out via PayPal.

You can also earn tickets by completing occasional special offers and connecting to their social media accounts.

Brain Battle is a free app, but there are ads. However, there are no in-app purchases and you don’t have to pay anything to win.

Game App That Can Earn Money

This app has a 4.5-star average rating from 26,000+ customer reviews.

Download Brain Battle:Android | iPhone

11. Solitaire Cube

Raise your hand if you love solitaire! If that’s you, did you know that you can earn money by playing Solitaire Cube?

The gameplay is just like regular draw-3 Klondike Solitaire. You have 5 minutes to play each round, but you can end at any time to get bonus points for finishing early. You earn points even if you don’t fully complete each round.

Their Skillz platform matches you with other players who have a similar skill level, and then you’ll play the same deck head-to-head with another player. If you earn more points than them, you win.

I didn’t see any ads, and you can play for free. However, the only way to win money is to enter their tournaments and competitions. To do that, you’ll need to pay actual money as an entry fee. However, the prizes are also cold hard cash. So, think about your skill level before you enter!

This app has a 4.6-star rating from 58,000+ customer reviews. Please note that it’s currently only available for iPhone.

Download Solitaire Cube:iPhone

12. Givling

The main focus of Givling is crowdsourcing funding to pay off the student loan and mortgage debt of its users. However, even if you don’t have student loans or mortgage debt, you can still play.

Givling offers a free trivia game that teams you up randomly with two other users. Earn points by answering questions correctly to bring your team to the top of the leaderboard and split the weekly prize.

Another way to get money is to join the funding queue by earning points for completing offers and shopping through the Givling app. The top user on the queue becomes the next person that receives funding toward their student loan or mortgage debt. Note that it is extremely time-consuming and potentially expensive to earn enough points to get to the top of the queue.

This app has a 4.6-star average rating from 1,700+ customer reviews.

Download Givling: Android | iPhone

13. Lottery – Play the Powerball

Play the lottery from your phone with the Lottery app. The app itself is free, but you’ll need to buy the actual lottery tickets (just like you would at the gas station or grocery store).

Different locations will have different lottery games available, but I was able to buy tickets for Powerball, Mega Millions, Daily 3, and lots more from my phone.

There is a service fee, but the app does save you the trip of buying lottery tickets at the store. You can also cash out right from your phone and collect 100% of your winnings.

I don’t play the lottery, so this wouldn’t be an app I would use, but if buying lottery tickets is already a part of your routine, you may be interested in streamlining this process with the Lottery app.

This app has a 4.5-star average rating from 15,000+ customer reviews.

Download Lottery:iPhone

Summary

When you’ve got some time to kill and are looking to put a little cash in your pocket, try out one or more of these legit game apps to win money and have a little fun. Good luck!

Have you won money with any of these legit game apps? Please comment below to share your experience!

Apps make a lot of money. Spending on Google Play and the App Store hit an incredible $39.7 billion during the first half of 2019 according to data from Sensor Tower. This was a 15.4 percent increase on the same period in the previous year.

Additionally, app use is growing. In its most recent “State of Mobile” report, AppAnnie found that between 2016 and 2018, time spent in-app grew by 50 percent, while downloads increased by 35 percent. This suggests there are plenty of opportunities for people looking to create an app and make money.

If you want to try to take a share of the mobile app market, you’re in the right place to learn how. In this article, we’ll first look at how to create an app, and then explore six of the most popular app monetization methods.

Here’s a look at what is in this article.

Table of Contents

  • 1 How to Create an App
  • 2 How to Create an App and Make Money
  • 3 Six Ways to Monetize an App

How to Create an App

The first step towards making money from an app is to go ahead and build one. This means you’ll need a good idea that people will find useful and want to download. If you don’t have a specific idea for an app, you can always think about a problem you have and a way to solve it.

Alternatively, are there any popular apps that you like but think could be improved? If so, why don’t you release an app with the improvement?

The founders of Instagram released the app in part because they loved the filters of Instamatic but thought it would be better if it was easier to share photos. It’s now one of the most downloaded apps ever.

If you are planning to monetize your app, you should consider this at the start of the design process. For example, if you choose to monetize your app using ads, you’ll need to build in space to display banners while designing your app.

Likewise, if you want to run a subscription, you’ll need to consider the features that will be available to all users, as well as those will only be available to those who pay.

We have an in-depth article on how to build your own mobile app that you can read here. In the article, we broke the process down into several steps:

First, You Need to Plan Your App.

If you already have an idea, this could be the easiest part of the process. If not, the most difficult. You can check out these 12 ways to generate app ideas if you are struggling.

When planning your app, you’ll need to have an exact idea about what it will do and the problem it will solve. You should also think about the target audience and what will appeal to them. You can get good ideas about the type of app that is successful by looking at competitors or non-competing apps with the same target audience.

This is also a good way to choose a monetization strategy. If you notice most apps like the one you want to create are free, you will probably struggle to be successful if you want to charge for your app. On the other hand, this could suggest the kind of app you want to make can be monetized through adverts.

Next, Choose How You Will Build Your App.

Best apps to earn money

Once you have planned your app, you need to start building it. You have two options here. The first is to go through the whole process of creating wireframes, graphical interfaces, and testing the front and back end processes yourself. Alternatively, you can use an app builder to take care of the process for you.

While the first option provides more customization, the second option is easier for those without experience in developing apps.

If You Choose to go it Alone, You’ll Need to Start by Wireframing.

If you choose the custom route, you’ll have to start by wireframing. This will help you create the structure of your app. There are plenty of tools that can help with wireframing, including Microsoft’s Visio and Axure. Be sure to test out these wireframes extensively.

Then Design the Visual Elements of Your App.

At this point, you can begin designing the visual elements of your app, including your logo, color scheme, and any graphics or animations you choose to use.

You’ll need to do this whether you choose to build it yourself or use a DIY app builder. If you don’t have the expertise required, you can always hire a professional to take care of the process for you. Sites like Upwork are great for this.

Sort Out Your App’s Back End and Front End

The next step is where things get complicated. First, you’ll need to build the back end of your app. Getting this right will ensure your app works as it should. If you have limited software development experience, this is where using an app builder can save you a lot of time and stress.

Following this, you can design the front end, which is the interface the user will see.

Finally, Put Your App Through Final Tests

While you need to test your app out as you are making it, the final step is to test the finished product.

You should test the app on numerous devices and give it to different people who fit your target audience. This will allow you to collect a variety of opinions about what works and what doesn’t.

If you notice there are any problems, be sure to fix them before releasing your app.

How to Create an App and Make Money

Now you know how to create an app, we will look at how to monetize it. In this article, we’ve split monetization methods into six categories. These are:

  • Paid apps
  • Subscription
  • In-app purchases
  • Advertising
  • Affiliate marketing
  • Mixed monetization methods

The best way to create an app and make money will depend on the type of app you create. Games often do well with in-app purchases. On the other hand, many software as a service apps earn a lot of money through subscription programs. It’s also possible to use adverts to monetize your app.

The good news is, there are plenty of examples of successful apps no matter what monetization method you choose.

Before We Start: What Cut Do App Markets Take?

When setting the price of your app, a major factor to consider is how much the app marketplace you choose to distribute your app on takes. Both Google Play and the App Store have a very similar pricing structure. Here is a look at them.

Google Play

  • Google Play takes a 30 percent cut of the cost of all apps and in-app products.
  • It takes 30 percent of all subscriptions for the first 12 months of a customer’s subscription. After this, it only takes 15 percent.
  • Developers have to pay a one-off $25 fee to create a Google Play developer account.

Apple App Store

  • Apple takes a 30 percent cut of all apps and in-app purchases.
  • Like Google, this reduces to 15 percent after a customer has subscribed for 12 months.
  • Developers have to pay a fee of $99 per year to release apps on the App Store.

Six Ways to Monetize an App

Here is a look at six methods you can use to monetize your app.

Sell Your App

Creating a paid app is perhaps the simplest way to make money from your app. All you have to is create an app and make money from people who download it. Both Google Play and the App Store make it easy for users to pay for apps, so you have a ready-made audience.

However, being successful can be difficult.

If you want to encourage people to download your paid app, you will have to offer a lot of value. It can help if you have an existing audience, you can market your app to or if you have a budget you can spend on promoting your app.

You’ll also have to put a lot of effort into your app market listing as you’ll need to give people a good idea about your product without them actually being able to experience your app.

When pricing your app, there are plenty of things you should consider.

Take a look at the average price of competitor apps to see how much you can charge. If you want to use advertising to encourage people to buy your app, you’ll have to consider how much it will cost you to get one person to download the app.

As you can see from this screenshot, most paid apps are cheap. On the current list of top paid apps in the U.K., must are under £5 with only two in the top 21 costing over £10. Those are Site Audit Pro and FL Studio Mobile.

Things to Consider

While paid apps can be a good way to earn money from your app, it can be limiting. First, there is no way for people to try out your service. This can act as a barrier that stops them from downloading your product. This is even more likely to be the case if your brand is unknown, and you may struggle to convince people to pay for your app.

A slight workaround could be to offer your app to download for free and then offer customers the option to pay a onetime fee to unlock the whole app. Although, on both Google Play and the App Store, this counts as an in-app purchase as the user isn’t paying to download the app.

Overall, you may find that other methods of monetization are more effective. According to AppAnnie, the highest-grossing paid app on July 3 in the U.S. was Minecraft. However, it was only the 29th highest-grossing app overall. The second highest-grossing paid app is Heads Up, which isn’t even in the top 50.

If you are looking for a way to maximize app revenue, using a subscription or in-app purchases could be a better option than charging users to download your app.

Use a Subscription to Get Repeat Payments

Subscription is when developers charge users a recurring fee to use the app. The fee is usually monthly, although developers can give users the option to pay for a longer-term—for example yearly or quarterly—upfront for a discount.

This is a type of monetization is common with software as a service apps or apps that provide access to media. Think about streaming apps such as Spotify or Netflix, or productivity apps like Microsoft Office or Dropbox.

Subscriptions are great for app developers as they can get a consistent recurring income from the people using their apps. It works for users, too, as the monthly fee is often modest.

Unlike paid apps, subscription apps are usually free to download. This can be a good way for developers to gain a base of users. Having a larger number of downloads will also look good on the App Store and Google Play.

To encourage people to use the service, it is common for developers to offer a free trial. This will allow them to get an idea of what the app is about and how it can benefit them. Alternatively, apps that use a subscription model can offer a basic tier that provides some functionality for free, and then a paid tier that provides the full-service.

A good example of an app that does that is Medium, which offers users a limited number of premium articles per month, as well as access to the site’s free articles. If users want full access to the service, they have to pay a fee of $5 per month or $50 per year.

This can be a good way to keep people interested who maybe don’t want to sign up for the subscription now, but perhaps could be persuaded to do so in the future.

Beyond this, it is even possible to offer multiple layers of pricing. For example, there could be a free layer, a low-cost layer with some added features, and a premium layer that contains everything.

Productivity app Airtable allows users to use the app for free. However, there is also a Plus version for $10 per month, a Pro version for $20 per month, and an enterprise version with custom pricing.

Another type of subscription you could consider is non-renewing subscriptions. These subscriptions provide access to content for a limited amount of time. For example, an app could provide access to seasonal content during a global event.

What to Consider When Monetizing Your App with Subscriptions

Subscriptions are a great way to earn consistent income from an app. However, your product has to offer enough value to make users willing to pay for it.

Unlike with advertising-based monetization methods, you won’t create an app and make money from people who use your service for free. Although, it is possible to display ads on the free version of your product and then take them away when the user signs up to a subscription.

In-app Purchases Can be Highly Lucrative

In-app purchases are one of the most effective ways to monetize an app. According to Apple, there are four types of in-purchase:

  • Consumables are items such as in-game points or currencies that can be used within the app. These are common in games, and they can be used by players to buy new items or access new levels. As the name suggests, these items can only be used once.

A game that has been highly successful at using consumables is Pokemon Go. In the game, users buy Pokecoins, which can then be used to buy various in-game items. Reports from earlier this year suggest Niantic has earned a total of $2.3 billion from the game.

  • Non-consumable items are those that do not expire once a consumer has bought them. Examples of this include extra options in a photo editing app. Once a user has bought these items, they can use them for as long as they own the app.
  • The final two types of in-app purchase are auto-renewable and non-renewing subscriptions. As we covered subscriptions above, we won’t go into detail on these here.
Best apps to earn money

The good thing about in-app purchases is there is essentially no limit to the amount people can spend. Paid apps which have a one-time fee, or even subscriptions with a recurring fee are highly limited in the total amount they can earn per user.

Games that use in-app purchases can be incredibly lucrative. In games, in-app purchases are often used to let users buy items to make their gaming experience better. This has led to free games like PUBG, Clash of Clans and Pokemon Go consistently being ranked among the highest-grossing apps.

However, it isn’t only games that can effectively use in-app purchases. Other types of apps that successfully offer in-app purchases include photo editor apps offering additional options or filters or messaging apps offering users the chance to buy emoticons or gifts.

For example, the messaging app Kakao Talk is one of the highest-grossing apps globally. While it is free to use, one of the ways it earns money is by selling emoticons that people can use within their chats.

What to Consider When Monetizing Your App with In-app Purchases

Game App That Can Earn Real Money

The most important thing to consider is whether or not your app can offer something enticing enough as an in-app purchase. If you can’t, it is unlikely that anyone will buy what you are offering. In general, games have a lot of success with in-app purchases

Another major consideration comes with the controversy around loot boxes. Look boxes are products users can buy that provide them with a random selection of in-game items. While these are an effective monetization tool, many countries are debating whether they are a form of gambling.

Because of this, loot boxes are heavily regulated and even illegal in some countries. You should be sure to check out the regulations of the country you plan to operate in if you want to offer this kind of item.

Use an advertising-based model

Mobile advertising is a huge business. The Interactive Advertising Bureau (IAB) recently said that in 2018, 65 percent of all digital advertising revenue came via mobile platforms. This includes browsers and text messages, as well as apps.

Advertising is commonly used by apps that offer content to users for free. For example, news apps or games. It can also be used by apps that also offer in-app purchases or paid versions as a way to monetize non-paying customers.

The best thing about advertising is that it’s a good way to earn money from your app without your customer having to spend any money.

The easiest way to get started is through a cost-per-click advertising platform. Some of these include Google’s AdMob or AOL’s SSP. Signing up to one of these will allow you to start placing ads into your app.

Most ads come in the form of banner ads, interstitial ads, or videos.

  • Banner ads are interspersed around your content. They are fairly non-intrusive; this has the advantage of not interrupting the user experience, but they are easy to ignore.

In the screenshot below, you can see how podcast app BeyondPod uses a banner add within the user’s podcast feed. It is almost too unobtrusive, and it is easy to ignore.

On the other hand, YouTube shows much larger banner ads that fit in well with the content the user is already watching. If it wasn’t for the “Ad” marking in the bottom corner, it would be hard to work out if the recommendation was an advert or not.

  • Interstitial ads take up the whole screen. They will usually be shown for a certain amount of time or until the user clicks to close the ad. These ads are effective as the user is guaranteed to see it.

The downside here is that they are very intrusive. Because of this, you should think carefully about when you place an interstitial ad. Good times could be when the user has finished editing a photo or when they are about to start a new level in a game.

An excellent example of this is the advert below from the video editing app PowerDirector. When the user clicks to leave the app, a pop-up appears showing an advert. The advert is almost impossible to ignore as the user has to perform another step to leave the app.

However, it isn’t too annoying because it only appears when the user is leaving the app, not mid-way through a project.

  • Video ads are often either short ads or longer ads that the user can skip after a certain amount of time. Clicking on the add will take the user to the advertiser’s product. Video ads are useful for advertisers as they are a good way to get across the message of the product.

Video ads are often shown while another video is loading, or before a level in a game. Perhaps the app most well known for video adverts is YouTube, which shows an advert before many videos on the service.

Things to Consider When Monetizing Your App with Advertising

While it is easy to get started with mobile ads, there are some downsides. The most obvious one is that to make good revenues, you will need to have a lot of users.

According to Businessofapps.com, the average CPM (the amount an advertiser pays per one thousand people who see its advertisement) for banner ads is $1, interstitial ads is $3.5, and video ads is $3.

This means it is hard to create an app and make money unless your app has a lot of regular users.

Another thing to consider is that whenever a user clicks on an advert on your app, they will be taken away from your app. This will reduce the amount of time they spend on your app and could even introduce them to a direct competitor.

Earn Through Affiliate Marketing

App Games To Make Money

Affiliate marketing is a common type of marketing on the web, although perhaps less commonly found in apps. With affiliate marketing, the app developer will advertise products on their app and then take a cut of the sale when a customer makes a purchase.

Booking or comparison apps are a common type of affiliate marketing. For example, Skyscanner makes it easy for people who want to buy a flight to check prices from a range of providers.

The company gets a percentage of the cost of the flight whenever a user books a journey after being redirected to the booking website through Skyscanner. You can see how it works in the screenshot below.

Another example of how this could work would be a fitness app directing users to the website of a nutrition shop or exercise equipment store and then taking a cut of any sales made. Or a financial planning app that suggests financial products to its users.

The good thing about monetizing apps in this way is the amount of data apps have about users. For example, in the above example of a financial planning app, the app developers can offer the exact type of product that the user will find useful based on the data they have about the user.

Things to Consider When Monetizing Your App with Affiliate Marketing

Affiliate marketing suffers from many of the same issues as advertisements – you’ll need a lot of users before you can make money.

It can also help if the product you are affiliated with is an expensive one or one that offers a large cut of the total cost of the purchase. While receiving ten percent of a £1,000 flight will get you a nice payday, receiving 3 percent of a pair of £50 running shoes is less impressive.

Use a Mixed Strategy

Many of the most successful apps use a variety of monetization methods. This way, developers don’t have to rely on one strategy. Here are some examples of how mixed monetization strategies could work in practice.

  • A common mixed monetization strategy is to ask users to pay to remove ads. This is good as an alternative to a paid app. It means app developers are still able to monetize free users, while also offering a more lucrative option to those who can pay. To make the paid option more appealing, you can even choose to add in some extras for those that pay. This could work for both one-off payments and subscriptions.
  • Some paid apps, especially games, charge a fee for the app, and then offer in-app purchases on top of the price of the game. Minecraft, NBA 2K19, and the Moment Pro Camera are all apps that have successfully used this strategy.
  • If you plan to rely on adverts as your monetization strategy, it could be a good idea to experiment with both affiliate marketing and regular adverts. If you do this, you can see which type of advertising is most lucrative and then focus on that.

Wrapping Up

This is the end of our guide on how to create an app and make money. Hopefully, you found it useful.

Game App To Earn Money

As you can see, there are plenty of methods you can use to monetize your app. In-app purchases and subscriptions can be incredibly lucrative due to the potential for recurring income. However, many apps can successfully use other monetization methods such as advertising or charging the user upfront.