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Belly35
Posts: 9,716
Dec 15, 2015 6:12am
Anyone on the OC knows how to do this?
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sleeper
Posts: 27,879
Dec 15, 2015 10:20am
What is your app idea?
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Automatik
Posts: 14,632
Dec 15, 2015 10:20am
IFL
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Belly35
Posts: 9,716
Dec 15, 2015 11:34am
Really.... that will cost you, information not free nor cheap...sleeper;1769581 wrote:What is your app idea?
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Automatik
Posts: 14,632
Dec 15, 2015 11:37am
I'm familiar with app development.
What do you need?
What do you need?
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Belly35
Posts: 9,716
Dec 15, 2015 12:41pm
PM MeAutomatik;1769598 wrote:I'm familiar with app development.
What do you need?
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Belly35
Posts: 9,716
Dec 15, 2015 2:14pm
1. How is profit generated?Automatik;1769598 wrote:I'm familiar with app development.
What do you need?
who controls that generated income?
2. How is the profit % broken down? Who get what percentage of the profits?
3. How is the App idea protected from duplication? If at all?
4. Is the development of the App and outright price or can it be part of the potential profit agreement?
5. Without giving away the idea how do you know it’s not App developed already? If you do a search your idea is now broadcasted on the internet to be captured.
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sleeper
Posts: 27,879
Dec 15, 2015 3:58pm
Trust me your app idea is probably straight dog shit and worth exactly $0 right now. Ideas are easy, execution is where the money is.Belly35;1769597 wrote:Really.... that will cost you, information not free nor cheap...
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sleeper
Posts: 27,879
Dec 15, 2015 3:59pm
For being such an alleged accomplished businessman, it's rather embarrassing to ask a few of these questions particularly question #1; and #5 is paranoia at best, stupid at worst.Belly35;1769623 wrote:1. How is profit generated?
who controls that generated income?
2. How is the profit % broken down? Who get what percentage of the profits?
3. How is the App idea protected from duplication? If at all?
4. Is the development of the App and outright price or can it be part of the potential profit agreement?
5. Without giving away the idea how do you know it’s not App developed already? If you do a search your idea is now broadcasted on the internet to be captured.
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Automatik
Posts: 14,632
Dec 15, 2015 4:07pm
#5 was my fav.
I actually don't know shit, just have a friend who works for an agency and is very accomplished in app development world.
I actually don't know shit, just have a friend who works for an agency and is very accomplished in app development world.
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FatHobbit
Posts: 8,651
Dec 15, 2015 4:32pm
I don't think question #1 was a bad question. I have no idea how people make money from apps.
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sleeper
Posts: 27,879
Dec 15, 2015 4:42pm
There's a lot of different business models; no different than any other company/project.FatHobbit;1769642 wrote:I don't think question #1 was a bad question. I have no idea how people make money from apps.
Some of the major ones include:
1) Charge a one-time to buy the app
2) Subscription to the App(yearly, monthly etc.)
3) Free App; has ads
4) Free App; has in app purchases
5) Free App; has a basic free version and a paid premium version
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Apple
Posts: 2,620
Dec 15, 2015 4:47pm
Boom! You just answered the question!sleeper;1769643 wrote:There's a lot of different business models; no different than any other company/project.
Some of the major ones include:
1) Charge a one-time to buy the app
2) Subscription to the App(yearly, monthly etc.)
3) Free App; has ads
4) Free App; has in app purchases
5) Free App; has a basic free version and a paid premium version
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Automatik
Posts: 14,632
Dec 15, 2015 4:50pm
sleeper;1769643 wrote:There's a lot of different business models; no different than any other company/project.
Some of the major ones include:
1) Charge a one-time to buy the app
2) Subscription to the App(yearly, monthly etc.)
3) Free App; has ads
4) Free App; has in app purchases
5) Free App; has a basic free version and a paid premium version
Random question, are you familiar with Duolingo? Amazing language learning app that is 100% free. No ads, or in app purchases. How would something like that generate revenue? They also have a web edition where you can do the exact same thing as the app. Also not ads.
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sleeper
Posts: 27,879
Dec 15, 2015 4:58pm
I know the app. They make money by selling credential certificates for language, duolingo branded clothing, etc. I'm sure they earn additional revenue through grants from DoE.Automatik;1769647 wrote:Random question, are you familiar with Duolingo? Amazing language learning app that is 100% free. No ads, or in app purchases. How would something like that generate revenue? They also have a web edition where you can do the exact same thing as the app. Also not ads.
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FatHobbit
Posts: 8,651
Dec 15, 2015 5:24pm
I have a friend that works for a Facebook game company. They make money by selling extra lives and items to be used in the game. Only 2% of their players purchase anything but they make enough money to support everything else. (The company has a 4 story building and at least 100 employees) That blows my mind that 2% of the players support the rest.
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Belly35
Posts: 9,716
Dec 15, 2015 5:39pm
Like asking what your idea on the internet ... Hey! go suck pigs dicks.sleeper;1769633 wrote:For being such an alleged accomplished businessman, it's rather embarrassing to ask a few of these questions particularly question #1; and #5 is paranoia at best, stupid at worst.
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sleeper
Posts: 27,879
Dec 15, 2015 5:55pm
You are paranoid. I would bet $1.5M that someone with more technical prowess in their fingernail than you have in your entire body has already thought of your idea and chose not to execute for some reason. Ideas are nothing; execution is key.Belly35;1769654 wrote:Like asking what your idea on the internet ... Hey! go suck pigs dicks.
Remember, the world didn't need a social media site because we already had Myspace. Then Facebook came along; how'd that work out for Myspace?
lhslep134
Posts: 9,774
Dec 15, 2015 6:12pm
sleeper;1769656 wrote: I would bet $1.5M that someone with more technical prowess in their fingernail than you have in your entire body has already thought of your idea and chose not to execute for some reason
I'd bet a lot of money on this as well
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FatHobbit
Posts: 8,651
Dec 15, 2015 7:18pm
Couldn't someone have given this exact same advice to Zuckerberg before he started Facebook?sleeper;1769656 wrote:You are paranoid. I would bet $1.5M that someone with more technical prowess in their fingernail than you have in your entire body has already thought of your idea and chose not to execute for some reason. Ideas are nothing; execution is key.
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MontyBrunswick
Posts: 846
Dec 15, 2015 7:23pm
belly has no idea what those things are.sleeper;1769656 wrote:Remember, the world didn't need a social media site because we already had Myspace. Then Facebook came along; how'd that work out for Myspace?
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friendfromlowry
Posts: 6,239
Dec 15, 2015 7:58pm
Have we taken bets on the likelihood this is some "World is ending preparation checklist mofo" app?
C
cat_lover
Posts: 2,388
Dec 15, 2015 10:03pm
I am pretty sure Belly's idea is a grammar or spell check app.
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gut
Posts: 15,058
Dec 15, 2015 10:04pm
Belly idea is probably "find my gun" with text messages alerting you when your ammo is low.
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FatHobbit
Posts: 8,651
Dec 15, 2015 10:22pm
Maybe it places an online order for you so new ammo arrives just as you run out. That sounds like a great idea. I've been out of .22 for months and can't find any anywhere.gut;1769686 wrote:Belly idea is probably "find my gun" with text messages alerting you when your ammo is low.