6 out of 10 mobile developers don't generate enough revenue to break even
App Promo says marketing budgets are key
The company, which provides strategy, marketing and monetisation solutions, said its annual developer survey has revealed the number of developers enjoying the app experience is in the minority.
Much of the problem for those suffering tough times, however, may stem from a lack of experience.
Spend to succeed
Marketing, it seems, is being overlooked.
According to an infographic published by App Promo, while 91 percent of developers think marketing is crucial for the success of their titles, 52 percent have no budget whatsoever to spend on it.
On the flip side, 11 percent of developers claim to have amassed half a million downloads or more to date, while 12 percent earn $50,000 or more in revenue.
The message as a whole is that developers need to be prepared to spend money to earn money, with top earners spending an average of $30,000 on marketing.
[source: App Promo]