Saturday, October 27, 2012

Freemium Works: Leads App Store Revenue Sources

If you look at revenue being earned by mobile apps, the "freemium" approach seems to be working. In fact, actual revenue earned by app providers leans heavily in "in direct" revenue earned from users paying for content or products supplied by "free" apps, compared to direct revenue earned by selling those apps to use.

Over the last two years, global revenues for freemium apps on iOS have more than quadrupled. In 2012, worldwide freemium revenues on Google Play have grown 3.5 times, according to App Annie

Those revenue growth figures do not tell the full story, unless you compare the growth and absolute revenue figures with the revenue created by apps whose revenue model is "you buy the app."

Know the app market share and app economy and from app store download and app store sales

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