How Do Mobile App Developers Make Money?
The use of mobile applications is continuing to increase in prevalence every year. Because of this, people who can create mobile applications are in high demand with employers and have the ability to earn a significant compensation. A mobile app developer can make money many different ways.
1. Salary from Company
One way that a mobile app developer can earn a living is by working for a larger firm. Today, there are many different major firms located all over the world that hire mobile app developers to help develop, maintain, and review mobile applications. These developers are often compensated in the form of salary, bonus, stock, and other forms of compensation.
For those that are looking to go out on their own, there are many other ways that a mobile app developer can earn a significant living. One way would be by providing progressive web app development services to companies and clients. In these situations, a developer will be able to work with a client to come up with a great concept for a mobile application. The developer will then be able to create the application to the specifications of the client to make sure they have an application that meets the needs of their business.
3. Application Flipping
Another interesting way that a mobile application developer can earn an income is by flipping current applications. Similar to websites, mobile apps can be purchased and sold. A developer that is skilled in identifying potential and value could actually purchase an under-developed application and then find ways to improve it. The app developer could then end up selling it back through an open marketplace for a profit.
Developers of mobile applications could also make money by providing consultation services. Those that are in the development industry have a unique skill set that could be very valuable to organizations that are looking to improve their existing mobile applications. And experienced developer could be in high demand with employers to provide consultation services. These services could be used by an organization to improve an existing product or to expand a current product line.
5. Build Their Own Application
For those that have a good idea for their own application, building their own app can be a great way to make some extra money. Mobile applications can be used to make money many different ways. Some of the most common ways to make money though a mobile app can include charging a fee to download the application, turning the app into a commerce store, or by selling advertising space. All of these options could end up being very lucrative if the app turns into a success and you receive a lot of downloads.
6. Staying on Top of Technology
Ultimately, a mobile app developer will make the most amount of money by staying on top of changes to technology. A developer will need to be able to stay current with the current programming options to ensure they are able to make the most effective applications possible. This will help to keep them current in the marketplace and with overall technology.