Even if they have to pay 1$ per month for removing ads and getting the premium feature you will get a guaranteed 1000$ monthly.
In this world, nothing is fixed. Everything keeps on changing but as long as there is Google, it will keep updating Android. As long as Android is updated many new apps will keep coming to the Android market and as long as there are apps in market developers will keep getting money for developing Android apps.
Paid app:
Now I have given you an awesome glimpse of your earnings as an app developer but here are some things you should keep in mind. You will have to work hard to promote your app and get that many numbers of installs. It takes a while to get a popular place on playstore and get a stable amount of income but once you have set your place the possibilities are endless. Another thing you have to keep in mind is just the number of installs isn't the only factor that affects the earning and the level of awesomeness of your app but your app should be used daily. As long as your app is used daily it earns an awesome amount. There are a number of apps which are installed by the user but just lie in the corner of phones and are rarely used. If your app is sure to fall into the category then make sure that users pay one time fee for installation of the app or you won't earn big.
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I, being a blogger and an Android developer myself, have gone through stages when you don't even get 1$ per month to 100$ just in a day. Income with android app development is not fixed but I can assure you that as long as your app is used by users you will generate revenue.
Now that being said how will you generate revenue? There are two revenue models for Android developers. On is paid app and free app with ads. We will see both the ways in detail.
Paid app has two categories. One is to install your app users have to pay a small sum. Other is users can use your app for free but they have to pay for using premium features. Most of the developers go for the second option which is quite popular in the market. One question that comes here is how to price your app. You can price your app at a range you want but your app must provide premium features which should be of equal value of the price paid by the user.
If you consider going for premium pricing like 10$ or 20$ then it is most likely that the will be much fewer users who buy the app. I am not saying that your app is bad or something but people nowadays don't like to pay for anything without testing it first which open way to new innovative earning methods will I will discuss letter in this post. So you with some advertising you can expect 20-30 monthly installs. So summing up you will get 10$×200 installs which accounts to 2000$ per month. Not bad for an android app.
You can also select pricing of just 1$ or 2$ to install your app. When the price is less there are more users. So let that let's say 5000 people installed your app then the total summing up will be 1$×5000 installs which is 5000$. Wow! 5000$ just for an android app. Of course, you won't get 5000$ just at the start you will need to promote your app but 5000$ is seriously awesome.
Now comes the second method. First, make users install the app for free and give them 7 day trial. If the user likes the app then the user will have to pay a price to buy the premium version or else they can uninstall the app. Using this method lets suppose your app get 10000 installs. Free things always attract the crowd. After installing the app let's say 7000 people decide to pay for the app. The one time payment for the app is 10$. Lets sum the up which will be 10$×7000 installs and that gives you 70000$ for a fucking android app. Thats the reason I said the second method is the much preferred method in the android market.
Free app:
This method is used by almost 70% of app developers in the android market. Many developers try innovative techniques to earn money by distributing their app free and then charging the user. I will discuss this innovative techniques one by one in this post.
This method is somewhat similar to the one mentioned above. The user can install the app for free and to use the premium features the user has to pay a small fee, but if the user chooses not to pay, still user can use the app without premium features and a bunch of Google ads. If you don't have any premium feature to offer its not a big problem you can make anyone feature of the app as a premium feature and give an option which removes ads with premium purchase. This method is used in most of the games and users have named it 'pay to win' policy.
Image Credit @gamazoid
Lets assume your app has 10000 installs. From that 2000 users what to make a premium investment of 10$ for pro features. You get 20000$ for your app. Now the rest 8000 users decide to use the app with ads. If your ads is good and users open it everydays then just by showing ads you can get the amount from 0$ a day to 100$ a day. A developer on quora posted a pic where his one-day revenue of the app is 100$ just by showing ads. The pic is posted below. You can have a look at it.
Yes, that much amount can be earned by just a well-developed android app and well-placed ads. Lets go to the second method of free app.
Here user keeps the app completely free with no features locked. The method of earning is google ads only and if the placement of ads is good and users are using your app daily then believe me your income can range from 100$ to 10000$ per month.
Lets move to a third innovative method of earning which is the best method of all and recently is used by modern developers to keep the source of income constant. This one will seriously surprise you.
Many new game developers use this method and the outcome from the method is indeed awesome. Let me explain you. You make an app with ads and one premium feature. Let users install the app for free. Then for removing the ad and getting the premium feature, the users have to pay monthly 1-10$. Lets take a example where your apps have 10000 installs and 1000 users decide to subscribe to your service. Even if they have to pay 1$ per month for removing ads and getting the premium feature you will get a guaranteed 1000$ monthly. The is the most stable method of all but for that, to work your app will have to be seriously awesome.
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