Apps You Can Actually Make Money On

How Do Apps Make Money
Apps You Can Actually Make Money On Etsy
How Do Free Apps Make Money
Apps That Make U Money

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24 Jan 9 Ways To Make Money From Free Apps

Posted at 08:28h in Mobile App Marketing Articles0 Comments

Every person who is new to application development have a question of “How do free apps make money and how to make money from apps?” Well, free apps are the highly downloaded mobile apps. Just knowing how to create a mobile app for free and make money out of it as well as taking the correct monetization steps, you can take your part next to the stars!

The App Market Overview

The market of the mobile app is increasing rapidly day by day. This mobile app industry is growing and huge, plus there is not a finish point in sight. Expectedly, the population of the mobile developer has increased, and the number of mobile applications in the marketplace has reached new heights. The profit generated by the international mobile application industry has skyrocketed. Basically, Hybrid monetization models like in-app purchases and in-app ads are rapidly gaining fame in the world of business. The recent studies reveal that in-app marketing is set to be an important aspect of mobile development over the upcoming years.

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Android App numbers

To better know what developers are doing to optimize their revenue possibilities with their free mobile apps, check out some exciting monetization strategies and pick the one that suits your requirements best.

App Monetization Options

How Do Apps Make Money

Choosing the correct mobile-app monetization method is vital for the accomplishment of any mobile application and as a result, can harmfully impact the entire user-experience if you select the incorrect strategy. How do you create a good revenue stream without compromising the user experience and overall quality of your app? Selecting a good monetization tactic that is suitable for your application can impact development, affect both user adoption and revenue. Here, we are going to talk about some common monetization tactics.

Freemium Upsell

Freemium apps are considered one of the most famous methods of app monetization. These are accessible for free on leading application stores, however, consists of optional products for sales or optional features. By providing a solution that is primarily free of cost, app developers can grab the attention of huge customer base at a higher rate, because several users can be unwilling about paying upfront prior to download. Then users have an option to use the app before buying the same. Additional features are optional plus they’re accessible to users who want to get them with the use of in-app purchase function.

Advertising

If you are not adding advertisements in your mobile app, you might be losing out on a great chance for monetization. Digital advertising via mobile apps has developed communication among consumers and advertisers dramatically. This is mainly because of the great number of time users spend on their mobile phones, plus, this time is increasing every year. Advertisements can assure a booming option if you gather information about your users as you have the chance to demonstrate them highly-targeted advertisements.

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E-mail Marketing

Although fairly under-used, e-mail marketing tactic can be really effective when it comes to monetizing and publicizing apps. This method works by asking for user e-mail at the time of login and accordingly reaching them through newsletters or e-mail notifications. Gathering all customer e-mail IDs in a database may be extremely useful in various conditions. In addition, adding a login page for Facebook to your mobile app is also a great method to cleverly gather user e-mails. For example, for users who have not employed the app till now, reaching them through e-mail may be a great method to contact and retain them. Also, you should provide users the option to cancel e-mail notifications, because this will make your mobile app more convincing and people will understand that they will not be getting loads of spam.

Sponsorship

Coming across a sponsor is actually very profitable monetization model. Generally, it works in this manner: you develop a mobile application that gets a number of customers, after which you get in touch with a sponsor company and provide to update the layout of your application to match the brand of the sponsor. There are 2 sorts of sponsorship deals: either you can share the profits with your sponsor or get a sponsorship fee for a monthly basis. Here, the big challenge is to find a sponsor. Of course, your mobile application should be great to be fascinating to potential sponsors.

In-App Purchases

This method can really make your mobile app another sales-channel. But, just as you are providing customers with a different buying method does not mean that they will take it. Even this method is not sufficient to push people over the finish line. The whole experience should be more enjoyable, more convenient, and seamless compared to other mediums to drive sales.

The option of in-app purchasing can vary from selling services and goods to setting up paywalls that open new features or content in the app. Test with different hand-outs to check what your mobile users react to best.

Collecting And Selling Data

Mobile applications gather loads of customers’ information, in terms of other app usages or user behavior. All these information are needed by several researchers in various areas. This implies that app developers can sell the behavior data of users to these researchers and generate a great sum of money. Usually, the data includes users’ social networking accounts, e-mail addresses, and their personal choices. There are 2 methods to enjoy this model. Either you can track the activities of users and sell data to remote researchers and companies, or you can employ the raw information for your personal purposes.

Affiliate Income And Referral Marketing

This method involves endorsing a third-party service or product as a method to optimize revenue chances. Application publishers can endorse or sell services or products of an affiliate as per the number of installs or clicks. For this, you can use pop-up ads to endorse someone else’s application or advertise products.

Physical Purchase

E-commerce businesses make use of free applications for selling out branded products or physical goods like mobile phone cases, t-shirts, toys, etc. through specially developed apps or email marketing. Angry Birds game was one of the most victorious applications to increase profits from branded products.

Subscriptions

Based on the application type, subscriptions are a wonderful method to create a trustworthy and consistent revenue stream. To be successful with a subscription method is to have fresh content. Reducing the update cycle of your app can give more value to users, attract them to go to your app more often and push them to spend extra time on your application.

Final Thoughts

Knowing the answer of ”How do free apps make money?” alone might not be enough. Yes, you need to know how free apps make money but you also need to know how to make money off an app. They are a little different from each other.With loads of monetization models available for making money with apps, it’s vital to note that every method has its pros and cons. Thus, trying these strategies and evaluating what your counterparts are doing is a great idea. So, it would be perfect for free app owners to take these strategies into consideration and begin to earn some money!

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Can you imagine making extra money by playing games?

Well, you’re in luck. The Lucktastic app will let you play games and do digital scratch cards. Over time, you can earn real cash prizes and tokens to exchange for prizes for free.

If making cash in exchange for playing games sounds good to you, then keep reading for the ultimate guide to using the Lucktastic app.

Table of Contents

9 Should I Use Lucktastic?
11 Lucktastic

What is Lucktastic?

Lucktastic is an app that allows users to sign up and start playing games and doing scratch tickets in exchange for prizes. Lucktastic is entirely free to play, and users win tokens or cash for every game they play.

The average game lasts about 30 seconds and requires that users also watch a 30-second ad before playing.

Is Lucktastic Legit?

In short, yes.

Lucktastic is a legitimate app that has paid out prizes to over 220,000 people. While large prizes are few and far between, regular users can cash out several dollars’ worth of prizes each week.

This method of earning money from your smartphone is less consistent than taking surveys and other methods, but there is a higher reward opportunity on Lucktastic than some other apps.

Get Started with Lucktastic

Many money-making apps have a requirement-heavy signup process.

Fortunately, getting started with Lucktastic is both quick and easy. You can start earning cash and prizes in minutes.

Signing Up

The first step is to download the Lucktastic app.

All you need to get started is your zip code and to be within the United States. After that, you can start playing games and doing scratch tickets to earn prizes and cash.

Of course, your signup process isn’t fully complete at this point. However, you can ‘test drive’ the app to make sure you like it before completing the signup process.

The app will save any coins and cash you earn while you’re unregistered as long as you keep the app on your phone. You can register at any time but must be registered before redeeming any rewards.

When you register, you will either sign up with an email address or via Facebook. All you’ll need to enter is your address, name, and password.

Start Earning

Users can earn two currencies on this app: cash and tokens. You can make $1 just for signing up. Cash prizes can be redeemed instantly if you have earned at least one dollar.

Some scratch tickets also earn cash, whereas others earn tokens. To cash out, you must use the app Dwolla. This app is free to sign up for and can be used to transfer your cash to a bank account or PayPal.

When you earn tokens, you can use them to enter sweepstakes and make digital gift cards. There is no cash-out option for your tokens, but if you want to exchange them for gift cards and other prizes, you must earn 10,000 tokens.

However, if you're going to use your tokens to enter sweepstakes and other contests, you can have as little as 100 tokens.

Four Ways to Earn Cash & Coins

There are four main ways to earn on Lucktastic. While you can make money in more than just these four, the following are the most consistent and high-earning ways to play.

1. Watch Videos – The most popular way for people to earn points or cash on the app is to watch videos. These videos are typically advertisements. After each video you watch, you can play a themed scratch card and earn cash or points.

While many cards do not make anything, there is also the opportunity to earn bonus cards after watching. Golden tiger casino free spins.

2. Logging in – That’s right, you can earn money simply for logging in to the app. When you open the app several days in a row, you will earn more points.

On the first day, you won’t receive any additional points for logging in. On the second day, you’ll earn 250 points. On the third day, you’ll earn 500 points. On the third day, you’ll earn 500 points. On the fourth day, you’ll earn 750 points, and on the fifth day, you’ll earn 1,000 points.

If you continue past day five, you’ll get mystery gifts like additional sweepstakes entries. Simply opening the app is enough to make you extra points. However, you might want to maximize your earnings by taking a day off at day six, then pursuing another streak.

3. Sweepstakes Game slot scr888. – While sweepstakes are based solely on luck, you can choose to use your points to enter a prize drawing. This is a risky option as you may end up losing the tokens you’ve earned, but you could also win more tokens than you’ve used to enter the sweepstakes.

Lucktastic does not publish your chances of winning sweepstakes, so you have a high chance of losing the tokens you spend to enter the competition. However, you could also earn cash, tokens, and other prizes in exchange for the tokens that you wager.

4. Completing tasks – If you complete the tasks offered to you in the app, you can earn additional points. These tasks include taking surveys or installing third-party apps.

Each task has a varying point value associated with it, but it can be a quick way to earn additional points. How Much Can I Earn on Lucktastic?

Maximize Your Rewards

The potential earnings per scratch card or game vary from card to card. However, there are opportunities to earn bonuses in the app.

You can play Lucktastic at any time of day, but you can earn bonuses twice a day. If you play between 1 pm and 5 pm EST and after 9 pm EST, you can play bonus cards. The cards will pop up randomly, so you should keep your notifications for the app turned on.

There are also daily rewards, so be sure to log in to the app each day for at least a few days in a row. If you log in five days in a row, you’ll earn 2500 bonus points just for opening the app.

If you share Lucktastic on social media, you can also earn bonus points. Anyone over 13 years old can join Lucktastic, so every time one of your friends signs up, you’ll earn 1,000 bonus points.

How Much Can I Earn on Lucktastic?

Lucktastic uses two earning currencies, but one can’t be exchanged for the other. For example, you can’t exchange points for cash, and you can’t buy points with cash.

Each scratch card will dictate if the prize is cash or points. Therefore, if you want to earn cash, you can choose to play cards that earn cash. If you earn cash prizes, you can cash out with as little as $1.

It gets tricky to track how much you can earn from points. Many players will accumulate points and enter sweepstakes with their earnings. These sweepstakes will pay out cash. However, users can also redeem their points for prizes like magazines and gift cards.

Once your balance reaches at least 10,000 tokens or points, you can begin redeeming your points for the prizes. Some prize options include amazon gift cards, magazine subscriptions, and retail gift cards.

The only way to convert your points to cash is by spending your points on sweepstakes entries. While many of the sweepstakes prizes are items such as iPads, gift cards, and more, sometimes contest winners can earn cash as well.

Should I Use Lucktastic?

Of course, the choice to use Lucktastic is up to you. There are plenty of pros and cons to using the app, so you should decide how much time you want to allocate toward earning prizes and laying the games available on this app.

Pros