How much Money can you Make from an Android Application through AdMob

I always have this question on my mind as to how much money does android developers make after publishing their apps on the Play store. The market is without doubt a gold mine for gaming companies like Super Cell but what about indie developers?

After a through research of 6 months and launching my own app as well in the process, I have a very clear estimate about the money that is invested and the money that is gained.

Here are some average stats that you should expect after launching your first app. I'm basing these facts mainly on US audience cause they form the bulk on the Play store. Currently my app has over 40% US downloads in addition to other countries.

Based on my research, for every 1000 hits on your AdMob banner ads, you get 10 clicks by users. This means 1/100 will click on your banner Ad. I haven't used full screen interstitial ads as they take away the user experience. For every 1 click you get $0.10. This has been my average CPC for 5 months so you can expect pretty much the same.

In order to get 1000 daily hits, you need atleast 2000 active users. You always need double the amount of active users. For example, for 1000 hits you need 2000 active users (not total downloads) and for 1500 hits, you need 3000 active users and so on and so forth.

So, if you have 10,000 active users, you can have up to 5000 hits every day which mean $5 through AdMob every day. These stats are not for the game apps but you can certainly relate them if you have a banner ad in your game app.

Now imagine, if your app gets to 100,000 active users mark, you'll be having 50,000 hits daily and you can make $50 on average every day which would amount to $1500 per month as passive income. It's not difficult to reach that mark if you can come up with a quality application.

You might see people discouraging you to engage in app business and talking about how tough it has gotten but based on my observation, if you can create a good quality app, you can certainly achieve good number of downloads and some pretty hefty income.

If you have an app already published, take a moment to share your earning experience with me. :)

How to Make Passive Money Online with Android Application

Making Passive money online with your first Android application.

Android/OS and mobile platform is a goldmine for developers. Millions of applications are being published on Android Play store and there is only one reason behind it and that is to make the next 'flappy bird' or to make the next big viral thingy that will let you play in millions. You might not know this but people who have cloned 'Flappy bird' after it was launched are literally making thousands of dollars even now. On the other end there are some totally scrap applications on the play store which could be considered as failed pursuits by some fail spammers. 

Keeping in view the enriched platform that Android provides, I decided to have a go at it and try my luck with launching an Android app. I have absolutely no coding experience and frankly I don't want to learn all these difficult languages stuff. So, I took the easy way, 'Outsource'. Outsourcing an app can be seriously expensive but if you have some designing skill you can get coding work done for much less than it's actually done. I contacted a few developers and one of them agreed to work with me. It costed me almost $200 to launch my first app on the store. I wanted a quality product on the store and also the one which could capture some good regular audience. So, I went with the quotes application idea in which users can swap through different pic quotes and can share them with their friends over all the social media networks. 

Before coming up with this idea, I did my homework. I checked the competition and the apps which were there already on the market so I knew I had to add some new features in order to highlight my app a bit more in the app store. With my designing skills, I created a simple UI with full screen picture quotes and asked my developer to allow me to categorize all my quotations. This way users can select different categories based on what type of quotes they want to read and share. 

Initially, after launching my first app I thought it would be an overnight success. Guess what? it wasn't. I tried promoting it with my friends and was able to get upto 100 downloads.  This was nothing but atleast it was a start. After that I passed in few updates for the app improving the user experience. That proved to be a turning point and I started seeing 10-20 downloads everyday. I only monitized my app with the Admob as I was seriously against full screen interstitial ads and I wanted to preserve the user experience. So, after 2 months now, my app has gotten a kick start and its has almost 3000 active users now.

Here are some current stats about my app and how it's doing on the Play store:

Downloads = >9000

Active users = 3000

Admob Daily hits = 1500-2000

Admob daily revenue average = $1.5 - $3

Country of most users = USA

CPC = $0.10

The CPC for admob for me is consistent at $0.10 despite having US hits. This is different when it comes to using adsense which I use on my websites and gives me $0.20 - $0.30 CPC. I'm very happy with the results of my app so far. 

So, right now I'm making a steadily growing income from my Android app without doing anything at all. I'm not promoting my app and let the users promote it. My downloads are increasing steadily and I can concentrate on developing other projects now. Once I get a good amount of user base, I intend to update this app with more features. 

If you would like to see my app, kindly post in a comment and I will message you the link. This is just for spam purposes. I hope this article has helped you in order to understand how to make passive money online with android application. For quesions, please post in a comment

How I Started Making Money Online 5 Years Ago

5 Crazy Years of Sheer Learning about How Money is Made online

After 5 crazy years of intense online research, marketing and development, I think I'm finally ready to write all about my experience. Yes, I made thousands of dollars online during these 5 years but nothing can beat the amount of things that I learned during my time as a blogger, entrepreneur, graphic designer and freelancer. Indeed for the past 5 years, I have tested each and every white hat method for making money online. You will come across millions of blogs which tell you ways to earn hard money online but, to be honest, most of them will simply be filled with spam or bot content. The online world has evolved so much that there are now millions of ways for making money online but when it comes to making money by honest means, it's tough and a serious neck breaking experience.

Earning Thousands of Dollars online quickly requires 'Full-Time' Work

Those who do earn thousands of dollars on daily basis are actually job-at-home people who work full time on the internet. You will come across very few professionals who are actually earning a respectable amount as a part timer. If you're landed on this blog then know that I'm one of those part timers who were lucky enough to make some decent amount online and it was enough to keep my pockets filled all the time. This blog is meant to create awareness regarding the methods which people use to make a living online. Back in 2008 I got to know that people can actually make money online through a ad of 'designcrowd' freelance agency. I didn't know much about designing but I knew a bit of Photoshop so I thought of trying it out myself and see if it works. After some serious hardwork of 6 months, I was able to make $1700 on Design Crowd and trust me it wasn't easy. I had to work constantly for many hours and this was at the expense of my medical studies. I was a med student back then, now a doctor ;)

In the end, it's all about Applying Experience

But, the amount of design experience I got from Design Crowd proved to be a launching pad for me for years to come during which I made thousands of more dollars. Today, I might not have enough time to make such amount but if I give in my full time, I can easily make thousands in a matter of months now. This is cause of the experience I have regarding how things work online. Most of the money I earned got invested in other methods to continue my online passive income stream like buying domains, hosting accounts, WordPress themes, codes, freelance work, facebook marketing and on so many other experiments.

When it comes to blogging though, I failed badly. Mostly, because of the persistence it required and I was very impatient. I knew all about WordPress, Adsense, blogger, Tumblr, SEO, marketing, you name it and I knew about the topic. But sadly though, I could never really invest the time I should have put in due to my studies.

Competition is Fierce now

Whenever you google 'how to make money online', you will come across tons of content written only on this very topic and the amount of content is growing exponentially, Yes, you could also be the one making money online but remember this simple rule: 'Making money online was easy when Darren started ProBlogger 8 or 10 years back, when photography stock agencies were just getting started, when adsense was being introduced by Google, when Facebook was just getting started and in short when competition was almost nil. Today, with millions of people making content online and life as a whole shifting on to technology and web, I can say with clear confidence that it's not easy to make money online and you need to be both hardworking and lucky enough to be making descent amount online.