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by bcRIPster
4176 days ago
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What you say makes sense when you're selling a product. With most of these applications, their potential money making product though is the back-office data they collect on the users themselves which they then sell to brokers or data warehousing services, or provide to targeting advertisement firms. From that stand point you simply want the largest installed user base you can get. A successful smart phone app based on these metrics is the one with the largest user base. You get that user base by providing a simple to use product that quickly addresses a need for the largest number of people, rich, poor, white, black, etc... Now, if you're talking about targeted applications like certain types of gaming apps. Or apps that provide an extended retail experience? This is when you talk about focused demographics. |
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Totally agree here.
A successful smart phone app based on these metrics is the one with the largest user base.
This is where we diverge. An app is only as successful as what it can make money from. Having a billion people use something and they don't generate revenue from it is worthless in the long run - bloated investments not withstanding.
A reliable proven to be profitable user base is what consistently makes money - the facebooks etc... are extreme outliers that got lucky with monetization after growing the userbase are not really cases to be emulated.