How do free apps make money without coding?
How do free apps make money without coding? Learn about the ways mobile app developers earn money from free apps in this post.
Have you ever wondered how a fully free-to-download software stays in business and if it makes money? We have an answer for you whether you are a developer seeking an explanation or a curious user. Although no-code apps are free, they generate a profit. In this article, we will discuss different strategies that free app owners utilize to make money, as well as provide some examples to help you understand more.
Can a free no code app make money?
Short answer, yes! A free app that does not require the usage of codes can earn money in the following ways:
A subscription-based model, which allows users to subscribe to join and pay a regular monthly price for access to the app, is just one of the income models that have become an increasingly common approach for monetizing applications. Applications using a subscription model must compete to maintain their subscribers by constantly enhancing their offers or introducing new perks. Some apps that utilize this model are:
• Netflix - Standard allows you two simultaneous streaming and downloads on two offline phones or tablets while Premium supports four streams and downloads to four separate phones or tablets. Monthly plans range from US$9.99 to US$19.99. There are no hidden fees or contracts.
• Spotify - Spotify is likewise free to download, however, they have premium subscription plans. Individual, Duo, Family, and Student plans range from $4.99 to $9.99 with a one-month free trial.
• YouTube - As you may be aware, YouTube Premium was introduced. YouTube is still free to download and use for as long as you like, but if you subscribe to its premium feature, you'll be able to view videos without being interrupted by intrusive advertisements.
Users pay nothing to download your program in the freemium model, which is similar to subscription models. However, users are given the option of making in-app payments for premium features, more content, or digital products. One example is:
• Dropbox - Dropbox is an online storage firm that offers remote storage of any form of computer file via the internet, as well as file sharing, synchronization, and backup. Dropbox operates on a freemium business model, in which customers are given a free account with limited storage space, with premium subscriptions available for more capacity and extra services.
Have you ever downloaded a free app because you were intrigued by its promised features, only to open it and see many pop-up ads throughout your whole use? I'm sure you've opened a website and received a message that says "ad block detected, deactivate your ad blocker to continue." The adverts in there aren't just for show; they're how the app's owner makes money. Advertisers pay the hosts to show their users pop-up or pop-under adverts.
In 2022, the following networks are suggested for pop-up ads:
This strategy entails supporting a third-party service or product in order to maximize income opportunities. Application developers can recommend or sell an affiliate's services or goods based on the number of installs or clicks. Pop-up ads can also be used in this strategy.
Your app should be attractive enough to attract potential sponsors in this method. Finding a sponsor is a very successful monetization approach. If your app receives a large number of users, you can contact a sponsoring firm and offer to adapt the appearance of your app to reflect the sponsor's brand.
Apart from these methods, some applications, such as freelancing and marketplace apps, charge a percentage of a seller's/freelancer's profit through their user-sellers. These strategies will help your app make money. Although you cannot simply choose one method at random and expect it to work effectively, you must evaluate the type of application you have and which method is most suited to it, as well as not overuse it. For example, if I were a user of your gaming software, I would be annoyed if pop-up ads appeared every second while I was playing. Consider weighing the benefits and drawbacks of each to ensure a smoother run.