More Competition
We are on a competition roll, so here is another story. This one is regarding competition at the good ole Apple App Store. Can you guess where this is going? Do you need a hint? Okay, one word - "Saturated!"
Yup! You guessed it. The Apple App Store is saturated with applications, so what does this mean to application prices? Do you really need another clue? Cannot quite guess this one? Damn, back to economics for you.
iPhone application publishers are cutting their prices left and right or giving shit away. The thousands of applications and choices are driving prices DOWN! Score for end-users, but it is starting to suck for publishers.
The end is near, but there are other methods to monetize your application. A subscription-based model, right? Yup, that will only work until your competitor kicks you in the nuts and low balls (PUN) your rate. Advertising? Micro-transactions? There are more, just think!
Here is a tip for mobile developers, start developing for the Android platform yesterday! It is predicted that Android will have a larger market share in the next couple years. Time-to-market! Make your mark now, before the other wannabes come tagging along.
October 20th, 2009 - 07:39
Sound advice.