How to Sell an App Idea to a Company

1. Put Your App Idea on the Paper. ...
2. Do the research and analyze information: Know your market and your users. ...
3. Create a Business Concept. ...
4. Develop Your App. ...
5. Launch and Grow Your App. ...
6. Find potential investors and pitch them.

Can you sell your idea for an app?

Can You Sell an App Idea? Technically, yes. You cannot come up with an app idea and go to Google or Apple and ask them to pay you for your groundbreaking idea. You won't get any remuneration for your idea because app ideas are comparatively a very small part of the entire app development process.

How do I sell an app I made?

How do I find a buyer for my app? In some cases buyers will reach out to you directly, but you'll most likely have to list your app for sale. The 3 top sites for doing this are Flippa, Fliptopia, and App Business Brokers. I don't personally have experience with Flippa or Fliptopia, but I have used App Business Brokers.

How much can you sell an app for?

The “multiple” can vary widely depending on a range of factors, however for the vast majority of apps the multiple will be around 2x – 3x. So your app would be worth somewhere between $200,000 and $300,000.

Does anyone buy app ideas?

Investors are more likely to buy a fleshed-out idea. Create a prototype to put into a potential buyer's hands. The more you are able to build, the more likely you are to attract potential buyers. Start out by getting experience as an app developer or hire someone else to build the app for you.

HOW TO SELL YOUR APP IDEA

How much is an app idea worth?

1) How Much Is an App Idea Worth? The worth of an app idea solely depends on the execution done on your app idea. If you don't act upon the app idea, the value is $0, but if you gather a team and work towards making it a reality, it can even reach a million-dollar value, e.g. Angry Birds, Tinder, Uber, etc.

Can I sell my idea to a company?

Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as a nondisclosure agreement (NDA). Otherwise, they can steal your idea.

Can I be a millionaire by making apps?

Nowadays, it is in fact possible to become a millionaire or even a billionaire by cranking out inexpensive but very popular mobile applications for smartphones and tablets.

Can I sell my app to Google?

Google does not state they don't accept ideas. They do accept them, however, just like Apple, they don't pay for your submitted proposals, but treat them as their own. So, if you feel altruistic, you can submit your idea through an online form, but don't expect money in return.

Do you get paid if someone downloads your app?

App Monetization Strategies. Neither the Google Play nor Apple App Store pays for app downloads, even there are millions of users who completed this action. Instead, stores take some share from an app's earnings (30% from in-app purchases).

Who do I talk to if I have an idea for an app?

Develop the app

But it's not only developers who you will need. A UX/UI designer should help you design the app having the wireframes you provide as a reference. The designer and you should already have an idea of the primary and complementary brand colors, and the brand style overall.

How do I submit an app idea to Google?

How to Submit Ideas to Google

1. Open a Web browser. ...
2. Go to the Google proposal submission page. ...
3. Choose the type of idea you have for the company.
4. Type in your name, email address, URL, description of your company and your proposal in the fields provided on the next page.
5. Click the "Submit" button.

Where I can sell my app?

Flippa is the most popular marketplace out there, but you can also consider Sell My App and AppBusinessBrokers. The platform serves as a mediator and allows you to do everything smoothly and safely so that all parties remain happy.

Is it difficult to develop an app?

It takes just 6 weeks with 3 to 5 hours of coursework per week, and covers the basic skills you'll need to be an Android developer. Basic developer skills aren't always enough to build a commercial app. Want it to be intuitive and user friendly? You'll need to read up on user flow and UI/UX basics.

What is the richest app?

Here are the top grossing apps of 2020 in the U.S.:

• Disney+ $201 million.
• Pandora $193 million.
• Bumble $109 million.
• Twitch $95 million.
• Hulu $92 million.
• Netflix $92 million.
• HBO Max $81.3 million.
• Google One $80.7 million.

Who is the youngest app creator?

Meet 8-year-old Zaiyigum Zeliang, Nagaland's youngest App developer.

What type of apps make the most money?

The conclusion is simple: mobile games and streaming apps are by far the most lucrative app categories, but also take the most development time. Games dominate the mobile app market across all categories, with consumer spending higher than on all non-gaming apps.

How much will a company pay for an idea?

Many apps will sell for between $500-$5000, but, every once in a while, you may find a company willing to pay much more, sometimes up to $50,000 for a really great idea. Either way, an extra $100 or $500 from just an idea sounds good to me.

How do I submit my idea to a company?

Think before You Send

1. Don't send hand-written submissions. ...
2. Do put your contact information on each piece of paper you send. ...
3. Don't waste a product reviewer's time detailing how you came up with your idea. ...
4. Don't use the phrase, “My idea is worth millions.” Let the company decide that.

How do you monetize an idea?

Achieving Crazy Success

1. Develop a viable business plan.
2. Find your target market.
3. Master your 30-second elevator pitch.
4. Network with others in your niche.
5. Build your list of email subscribers.
6. Provide your audience with valuable content.
7. Diversify your revenue streams.

How do I develop an app with no money?

Making an app with no money

1. Reduce Feature Set. ...
2. Build your app cheaply offshore. ...
3. Raise capital. ...
4. Find a technical co-founder. ...
5. Offer an app developer an equity split. ...
6. Build a proof-of-concept. ...
7. Startup Incubators. ...
8. Pre-sales.

How does free app make money?

Free apps are monetized through various means, including advertising, in-app purchases, sponsorship, and affiliate marketing.

How do you protect an idea for an app?

How to Protect an App Idea

1. Step 1: Form an LLC. Your first step to protect your app idea is to make your company official. ...
2. Step 2: Own the Copyright. An idea is just that – an idea. ...
3. Step 3: Use Non-Disclosure Agreements. It takes a team to develop your app. ...
4. Register the Trademark. ...
5. Step 5: Pursue Infringement Cases.

How much does it cost to make an app?

Many factors influence the price, depending on the complexity of the app development, at 40$ per hour, the average cost will be: Simple App Development Cost – $40,000 to $60,000. Average App Development Cost – $60,000 to $150,000. Complex App Development Cost – from $300,000.

Does Google steal your ideas?

There are some risks to conducting Google patent searches online, one of them being that certain marketing companies track and monitor keyword searches, potentially allowing an employee to steal your idea without you ever knowing how this came about.