How To Make A Billion Dollar App In 3 Steps

Bluecloud Podcast: Build an App Business | App Marketing | Make Money With Apps | Passive Income | App Development

Carter Thomas: Appreneur, Business Strategist and App Marketer, Carter Thomas: Appreneur, Business Strategist, and App Marketer에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Carter Thomas: Appreneur, Business Strategist and App Marketer, Carter Thomas: Appreneur, Business Strategist, and App Marketer 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

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How To Make A Billion Dollar App In 3 Steps

How do you make a billion-dollar app company?

This is for anybody who’s thought, “Hey, this could be a huge app.”

Here are 3 key things that are the foundation of a billion-dollar app business. Even if you’re just getting started and you have big dreams, this is a good set of guidelines.

Market leadership

You need to be the market leader in some particular market: a niche market or a big market. Or you need to solve a very specific problem for somebody who is already a market leader. One example is Instagram, and another one is WhatsApp. Both bought by Facebook.

Whenever you look at any big app idea or any big company, what you’ll see is that they become the best at something very specific. For Instagram it’s photo sharing, and for WhatsApp, it’s messaging. And typically a much bigger company buys them for having the solution to a problem that they have.

Solving problems

You either need to solve a problem that everybody has or you need to solve a very expensive problem that one person or a small group of people has.

Look at dating apps. They’re solving a massive problem that a lot of people have. Same goes with music apps like Pandora and Spotify.

Then there’s Uber. The company bought a trucking app for $600+M. The trucking app’s technology had huge value for Uber.

You need to have the average person or some market force growing your company for you.

You need to be able to launch the product and then leverage the momentum of the world that starts to grow and grow your business. That can be through things like viral loops, like people sharing with each other or word of mouth.

You have to have some market force that’s propelling you. Timing is part of it. Also, it’s the way that it interacts with people so that the app is growing faster than you could ever buy the installs yourself. You need some sort of growth that’s pulling you up that level.

If you get those three things, you’re on track for something really big.

See ya!

Carter

The post How To Make A Billion Dollar App In 3 Steps appeared first on Bluecloud Solutions - App Marketing.

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