What if I were to say to you the world wide web as we know it is no more? Being even more specific, the net is dead when it concerns marketing and making money. But there’s a new revolution occurring as I write this that will trump anything the web has ever attained in regards to generating wealth and distributing info. It’s a mobile revolution, and it is taking place in the mobile application world! Cell phone apps are a TEN BILLION dollar a year industry, which is expanding by 100% annually.
The good thing is the mobile app market is still substantially untapped, so you still stand to make a load of extra money if you get in now. The lousy thing is it can be nearly $20,000 to develop a high quality application, and even then you are not promised success! So what can you do if you really don’t have that kind of cash hanging around? You do it by understanding the mobile application hierarchy, and using it to your advantage. I am going to talk about the mobile app hierarchy with you now, and how you can apply it right away to begin capitalizing on the mobile revolution.
I got into the industry of mobile app marketing just after five years of internet marketing. I had used the strategies of making niche websites, email promotion, social media marketing, and anything affiliate marketing to create a paycheck on the internet. After FINALLY finding financial success online, I began to see how cramped the web had become. Everybody and their dad was trying to make money on the internet in some manner or another.
I began exploring other opportunities when I was introduced to smartphone marketing by a fellow entrepreneur. I was blown away at the earning possibilities with app creation, and just how limitless the mobile app marketplace really is! Over 80% of the world’s population has a mobile device, and mobile phones sold exceed the amount of personal computers sold each year! I then quickly got my foot in the door with the mobile application hierarchy.
The mobile app hierarchy consists of 3 app types. The first type of application that you should create is referred to as a Quantity app. A Quantity app is a low quality app constructed using a basic framework allowing you to easily create it, and get it in the app store. As the name implies, your aim is on quantity, not quality. These applications will cost under a hundred to make, maybe even a few hundred dollars depending on what you are doing. Your objective is to push as many of these applications out as feasible, and eventually have a few earning a little bit of income for you. You shouldn’t care about what niches these applications are in. You’ll use analysis to discover specific niches and categories like you would setting up a niche website. But instead of website traffic, you are looking to have roughly 300 – 1,000 downloads a day out of these apps. Ultimately you’ll have loads of Quantity applications in the different marketplaces, and some will be earning a small income. This is money we will use to build the next application type.
The second application you will make is referred to as a Quality application. A Quality app is an app you’re going to concentrate into the money sectors of leisure and work productivity. It will take you anywhere from a grand to 10 thousand to make Quality apps. However, we should be using money from our Quantity applications to pay for or help pay for the cost of our Quality app development. Your goal for Quality applications is a thousand to 5,000 downloads each day. You’ll use the framework of your profitable Quantity apps to create your Quality applications. The secret to mobile app creation is to continuously build off your winning apps! Once you’ve developed and launched a couple profitable Quality apps, you should be making good sales from all the Quantity and Quality apps combined. Now you are set to build the final application in the mobile application hierarchy.
The top app in the mobile application hierarchy is referred to as the Super app. Super applications are the $20,000 ultra high quality apps that have potential to develop into significant money makers (think Angry Birds!). You will be partnering with high end development crews, and have each aspect of your app creation professionally accomplished. Your Super Apps will be aiming for 5,000 to 10,000 downloads a day. Again, you’ll continuously create Super Apps using earnings generated from the rest of the application hierarchy. Ultimately, you will use your app hierarchy to create your own application network.
As we have just seen, we can jump into mobile application creation without busting our wallet! We simply just have to be strategic by utilizing the mobile application hierarchy. Utilizing this strategy will let you to get in with little money, and create more and more applications using money generated from your app network. The secret to prosperity using the mobile app hierarchy is understanding all the additional little details required at each level of the hierarchy. This is very important because if you do not have access to the most recent education and training on mobile application creation, the app market changes will exceed your learning curve and you could discover yourself on the outside looking in!