iPhone apps are a great way to extend your market reach and create a new revenue stream. iPhones are the most sold mobile device and in fact are outselling personal computers. More and more people are using mobile devices to communicate, work and play. Getting into the iPhone app marketplace is a next logical step to anyone who is serious about making money online. Whether you’re a service provider, Internet marketer, or bricks and mortar business creating iPhone apps can be a great way to extend your market reach, offer new services and products, and make more money.
You can make money in a few different ways via iPhone apps such as via pay per click ads, directly charging for your app, or by getting sponsors for your iPhone app. You can embed advertisements into your iPhone application that activate on a random basis when a user uses the application. You can presale the sponsorships. Simply write to any company or business about your app and offer a sponsorship opportunity. A good idea for sponsorships is to solicit anyone who has a product or service that is complementary to you but not a direct competitor. Even large companies sponsor iPhone apps so if they’re doing this, then it is a good sign that it is a legitimate way to promote a product or service.
If you’ve created an app where your users can be notified of new video and watch the video on their iPhone your potential sponsors will be delighted with the idea that not only will users see their advertisement on the web via computer, but also users will be notified remotely of a new video and encouraged to watch right from their iPhones. This provides an added incentive for advertisers that can’t be ignored.
Many businesses will be interested in sponsoring your iPhone application especially if they don’t have the technical knowhow or interest in creating their own iPhone apps. Who you market your sponsorships to will depend on who your target market for the application is, and what your motives are behind having the app. But, I’m sure you can see that the opportunities are endless when it comes to iPhone apps and earning money via sponsorship of the iPhone apps. If your iPhone app is especially exciting, new and useful some sponsorships go for as high as $25,000 so the sky is truly the limit when it comes to iPhone apps and your ability to earn extra revenue with them.