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How to Start Your Own Android App Business with GBKSOFT

By: PRLog

NEW YORK - Dec. 27, 2021 - PRLog -- A lot of great and world-famous startups were born from a simple mobile application. And Android niche is a rich market. Just look at statistics: there are at least 2 billion Android users in the world, with 72 percent of the market share.

So, creating a breakthrough Android application is promising and even profitable. However, to succeed in such a competitive domain, you should have a clear picture of your application, a clear strategy, and create a plan for your further plans. GBKSOFT, an Android app development company, shares the checklist you might need while preparing to launch your new application.

#1 Research the market

Understanding the competitive landscape is crucial to determine the current demand and create an offering that will correspond with it. Detect your competitors, analyze their application, positioning, promotions methods. This way, you may see what is working in this market and what new you can bring to it.

#2 Choose and understand the target audience

Target audience is another important aspect you should clearly understand. And don't base your analysis only upon demographic characteristics like age, sex, or location. Try to understand what needs and issues your ideal use encounters, and how your application and its functionality can help improve their lives. This data can sharpen the final version of your application and power up your promotion efforts.

#3 Determine monetization model

If you are starting a business based on mobile applications, you are looking to earn some profits on their basis. Hence, it's necessary to understand how and when you plan to monetize your project. Of course, the market and your target audience would determine the monetization model.

The most popular models include the following:

  • freemium: some features are free, and some can be accessed through a purchase;
  • paid app: to access the application, users should buy it firstly;
  • subscription: users should pay monthly or yearly subscriptions;
  • in-app purchases: users can buy some products in the app;
  • in-app ads: the app generates profits through ads users encounter in the app.

#4 Partner up with mobile development company
And of course, to create a self-sufficient, functional application you require a reliable partner who will cover the development. GBKSOFT suggests choosing vendors with the relevant experience within the niche of your app and flexible cooperation conditions.


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