Revenue Process
The most crucial part of the App, based on the business plan for App idea you need to understand how you would be paid. There are several revenue models which you can implement in your process.
Direct revenue and indirect revenue are the 2 major models here. If you are opting for direct revenue, you can act as a revenue-sharing partner where you keep a portion from the service charge. Some business models also give an opportunity to charge buyers for seeking service on the portals also.
With Indirect models, Advertisement has been the most successful and proven technique for generating revenue and making money from Apps. There are other options also like affiliate marketing, paid listing of service providers and others. We have an extensive article on how to make money from Apps.
Final Words
A Great business Idea accompanied by USP’s and marketing plan can make wonders, I have witnessed some brands who have remodelled the existing available Apps and have been making millions and billions. If you need assistance with your business idea or if you want me to help you with the idea that can make you millionaire let’s discuss.
. “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”
Author –Steve Jobs, Co-Founder, Chairman and CEO, AppleTweet
