Thursday, 6 October 2016

Which is Best Business Plan for Your Mobile App?

Why every business needs a mobile app? Yes, mobile app is very important for business. Nowadays app is a key for business success, with this you can get more revenue, more users and increased brand value.

A lot of entrepreneurs are jumping into the arena of mobile app development, why because they are attracted with the successful apps like WhatsApp, Instagram, etc. Simply developing an app won’t be successful. If you want to develop a successful mobile app, first you have to have a proper business plan model and start building the app. Present the mobile apps development companies USA are more engaged in developing the innovative apps which profit their business in less time period.



Developing a good and customer engaging apps is not an easy task, before developing an app you should keep below things in mind. If you are well aware of these things, then only you can satisfy the customers. Let’s see what those things are:

Top Business Plan Models for Mobile App

1. Free App but with Ads

It is also called as in-app advertising, and is very common in many apps nowadays.

It is nothing but option for free downloads, meanwhile getting revenue via in app advertisements. But your main objective is to gain more users by downloading apps, and collect user’s feedback. But its disadvantage is users obviously get irritated with the ads and may stop using your app.

2. Premium

Premium is a paid download option. This we see in downloading some game apps like doodle, rope etc.

3. Freemium

The name itself tells it is a both free and premium. Apps are offered for free but in that some features are paid, it means if you want to use that feature you need to pay some amount. So it is a mix of both free and paid. It is one of the popular business plan models that mobile apps are using today.

4. In-app purchases

In-app purchases means selling virtual or physical goods within the app, and having the profit. This app comes under e-commerce apps, and apps like Pokemon Go. In Pokemon Go, to play game you have to purchase in-game currency.

5. Subscriptions

There are certain apps that offer books, movies, music files, magazines, newspapers, and more to its subscribed members. By paying a certain amount of money per month or year, subscribed users can consume the services they like. And also they provide certain amount of content for free. And it consists some of the features like auto-renewal. The business plan model tends to drive revenues on a weekly, monthly or yearly basis. This is a very good option for apps which are service based.

6. Sponsorships

Sponsorships means partnering with the advertisers who offer your users with productive rewards to complete certain in-app actions. You earn revenues by taking a share of the money earned from redeemed rewards.

If you want to develop a mobile app with solid business plan model, reach FuGenX Technologies. It is a premiere mobile app development company Washington. We at FuGenX developed hundreds of successful business apps.

For more information, visit fugenx.com or send mail to info@fugenx.com

1 comment:

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