How to Make Money with Mobile Game App Development

Mobile game apps are one of the most used apps these days. According to a report by AdMob, a famous mobile advertising company, 62% of users install games within the first week when they buy a smartphone.

Mobile game apps are a fun way to keep yourself entertained. Some people play games to pass their time, some play out of their hobby, while there are many mobile game players who play games as their profession.

Yes, you heard it right! You can earn money while playing mobile game apps. In this article below, we will learn how you can create money with mobile game app development.

How Does a Mobile Game App Make You Money?

There are many ways that you can employ to have monetization in your game app development. We have discussed the four most important ways to make money with mobile game apps, below:

1. Affiliate links

2. In-app advertising

3. Sponsorships

4. In-app purchases

Affiliate Links

This is also called referral marketing. It is a form of mobile advertisement. Using these affiliate programs you display third-party ads on your app and earn a chunk of money doing this.

Many referral links pay more than those traditional ads. These affiliate marketing programs follow one of the following models.

• CPA - Cost Per Action or Cost per Acquisition: In this model, you are paid, when a visitor performs an action after seeing an ad from your app. The action might include a sign-up, form filling, or creating an account.

• CPC - Cost per Click: In this model, you get money every time a user clicks on an ad shown on your app

• CPI - Cost per Install: as the name implies, in this model, you will be paid whenever a user installs another app after watching an ad on your app. It is quite more difficult than others.

In-App Advertising

This is the easiest way to start earning money through apps right now. Also, this is one of the most popular forms of advertisement in apps.

If you are linked to an affiliate marketing network, then displaying your ads through a third-party application is the main work here. Those ad networks will show the ads to your visitor, and you will get a fixed amount of money based on the ad type.

The four main types of ads that you can show on your mobile game app development are; banner ads, interstitial ads, native ads, and in-app video ads.

In-App Purchasing

This method of monetization includes selling products and services through your mobile game app. Using this model, an app can earn the most.

A mobile game app developer may include weapons, attires, and playfields to be purchased for a game like PUBG.

In-app purchasing is completed by getting the credit card information provided earlier by the user in Google Play Store. It seems pretty easy for users as they don’t have to enter the information again.

Sponsorships

This model of monetization works this way; you get a mobile game app development and earn a good number of users over there. Now, you go to a sponsor and change the layout of your app to match that of the sponsored brand.

If your mobile game is fascinating enough to attract a sponsor, you can share the profit with a sponsor or get a monthly subscription fee.

Read more: Mobile Game Development Process – A Comprehensive Analysis

Ending Notes

According to a report by Statistica, the number of mobile gaming users is about 2.70 billion as of 2021. This means there is a great potential to make money in this market.

In the article above, we learned different ways to earn money through gaming apps. Get your mobile game app development company right now and become part of this emerging industry.