Most people think that they have to set up paid applications before they can gain money from apps. But free apps bring in way more revenue than paid apps since customers would go for these free apps rather than paying to download.
It might surprise you to know that news applications also earn money even if they are free apps. Although you think your users can do nothing but read the news, you can still earn money through these downloadable applications. You can set up free news apps through this service, then use different methods to monetize them.
In this guide, we would cover the different ways you can monetize news applications in 2021.
Monetizing your news app simply means that you can use the application to make money. With these methods, you can leverage your many users to make a profit while you earn money, especially if you don’t have a lot of funding to run your app on your own.
Monetizing your news application is an effective way to make money, since most people spend their time on mobile apps, especially checking the latest updates and news.
One way you can monetize your news app is through in-app advertisements. When you check out news apps, you might notice advertisements in corners of the app or whenever you click on headlines, ads can pop up and wait for five seconds before you can skip. You can get paid by these advertisers to place the ads.
You can also create in-app purchases on your news application, especially if you have videos. You can ask your readers to update the app so that they can see all the videos without any ads. You might also ask your readers to pay before they can get certain information.
You can get paid by guest bloggers and writers on your news application. Writers can pay you so that they have a slot on your app to post information, articles and other write-ups. Bloggers can also need spots on your news app, so they can pay to get them. You can advertise your news app widely so that you get interested bloggers and writers who are interested.
Another thing you can do to monetize your news app is create e-papers and sell subscriptions to them. This would limit what your readers can do for free, but it would also encourage them to pay a small fee to get more information. Then, they can get daily emails once they pay for the subscription. Your news app can also include paid membership for those who want to get special services.
You can get investors, advertisers and sponsors to fund your news application. Most investors do this in return for posting their products and services on your news app for free. But if you want to get sponsorships, you need to make your news app popular and credible so that they can be attracted to you.
You can join affiliate programs and advertise popular apps with your news app. With major companies like Microsoft, Apple and Google, you get to join these affiliate programs, collect commissions and gain profit. You can also look for ways to get partnerships with other organizations too.
It’s a great idea to invest in a free news app, as it would be highly profitable as long as you do it the right way. You can combine different kinds of monetization methods to gain high profit from your news app, but ensure that regardless of what you do, you maintain a high level of quality to your readers. You should also focus on marketing your app regularly.
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