How to Earn Money from Android Apps or AdMob
In the beginning of the 21st century where owning a normal bar phone was considered to be a very big thing, came the evolution of android phones. And with the evolution of android phones came the evolution of android apps. Apps are a boon for both incredible usages as well as for making money. Yeah, you read it right. You can earn money from Android apps.
Technology is developing day by day. Every day a new Android phone is launched with some new add on features. People run to buy these phones. Today, changing mobile phone has turned out to be a trend.
Have you ever imagines what will you do with this android phone if there will be no app available in your favorite and most used, Play Store? I know it’s impossible but just imagine. I think it’s the hardest thing to imagine a phone without an app. Apps are the lifeline of the android phones. Without apps, our cell phones are as useless as a gun without a trigger.
Creating an android app is a dream of every programmer and it’s a worthy dream. You just need to have coding skills in Java and you can make an app easily. The android app developers are in high demand. Apps are the reason people purchase androids. New apps attract traffic. Imagine If your app comes in high demand how much money you will make through it.
Suppose you have created an app which according to you is capable of attracting a large number of audiences. Now the question is How to earn money from this app?
Here is your answer in a few simple steps:
1. Decide your niche
In the world of Android apps, the ones giving tough competition to others are payment apps, game apps, and chat apps. Their race is never over. Developing an app as per the requirement of the users is the need of time. Before stepping up in app making, decide your niche. decide what kind of app you want to make, whether it’s a gaming app, payment app, chatting app, a shopping app, etc. one way of rocking in the app market is giving the users something which they have not experienced earlier, this way the competition becomes less.
Make an app which solves the problem of the users. Making the app of the same type which already has been made, will give birth to tough competition in the market and as a beginner, you might fail. Well, I am not demotivating you, I am just warning you, my only purpose is to help my readers earn.
2. Build paid versions along with free versions of your app
Create an app with both free and paid versions. With innovation add a bit of smart work too. After all, that’s what going to get you money. Don’t just give all the features for free. Give the user time to get addicted to the app. Then, start giving paid versions. Their addiction and liking towards your app will force them to purchase a paid version of your app.
3. Signing up with Google AdMob
Google AdMob is mainly made for monetizing mobile applications. It’s Google’s advertising platform just like Google AdSense, though they both are different from each other. It helps in monetization of the app by sending various advertisements in the form of banners or videos while the mobile app is in use. AdMob works on the principle of CPC (Cost Per Click). It takes zero pence for signing up with Google AdMob.
How to earn money from Android Apps or with AdMob?
Create an account on AdMob by visiting the site admob.com. You will find an option “Add your first app” on the homepage. Enter all the details regarding your market app, accept the terms and conditions and then click on “Create AdMob Account.”
Verify your account and contact details. After verification, add name and other details of your app on which you want to generate AdMob services. You will get a verification code after signing up, copy this code in your app’s source code.
Choose the ad type like Interstitial (full screen), Banner, Rewarded (videos). List the payment details, which includes your PayPal account details.
After signing up with AdMob. Now, it’s time to do a little work with the app. You will have to create an Ad-Space for telling the AdMob when and where to send the advertisements. This can be done by creating Ad-Units. It is not a compulsory option, you can also leave it on AdMob it can send ads wherever it wants to.
As already mentioned, it works on the principle of CPC so whenever a user clicks on that advertisement, Google pays you for this. Either you get paid through PayPal or through Wire transfer. You can request for withdrawal after you earn a minimum of $20.