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Losing Money

By Alex Genadinik

By now it has been well documented there are three main challenges in the mobile business world: Creating the app, marketing the app, and making money from the app.

This is no different than almost any other business in which you have to provide a product or a service, market it, and make money from it.

These are just business fundamentals, but many app developers do not quite think through them all before starting. They get stuck with good apps which cannot make money because there is no clear business model.

Then what happens? Many app developers publish ads on their apps in an attempt to make money. (more…)