Send Free Text SMS
Send free text anywhere in the world
It finally happened. I was breaking even after being in the red for a while but eventually with enough in-app revenue as of last month the app is profitable with healthy growth.
I made the app more secure to prevent some cheaters trying to abuse the API and now they are just using scripts to earn coins which is fine for now.
I'm tracking the financials once a month and there's no need for maintenance, there is some customer support queries every now and then but I would call this a passive income generating project.
It's not much but I at least proved to myself that it's possible.
This one feels good because both the Ad revenue and In-app purchases are increasing steadily.
Of course my cost is also increasing but I'm tracking the profit/loss and it looks like if the growth continues I can make this into a passive profit generating stable project!
Now that Ad revenue is 150% month of month, in-app purchases really picked up and increasing similarly.
Only problem is my churn, unfortunately people install the app and realize later they have to watch some ads to send a text and uninstall right away. And some really "mean" reviews. But oh well, it comes with providing a service for people...
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Few ideas...
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$1 is not much and I wonder how much you lose in transaction fees? I would at the very least create a few packages to incentivize bigger purchases. $2 get a 5% bonus (21k coins). $5 get a 25% bonus (75k coins).
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you seem to get some harsh reviews, and understandably not many people want to watch 5+ min of ads. Not sure how much it costs you, but maybe you can take a slight loss for new users and lower the threshold of ads, and slowly raise it. Thus new users experience might not seem as harsh. So long as actual sales help offset the tactic to gain better reviews.
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maybe reward other actions like sharing
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this is actually great advice that I'm seriously considering. My next big update will have all of these features but I'm taking it slow and monitoring for another month for growth levels.
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Bad news - It doesn't look like ad revenue will double in April.
Good news - I didn't just stand around and watch it not happen.
I got an email from a user that sometimes it's too annoying to watch 10 ads to collect 100 coins so they can send an sms. And I should sell coins!
No idea why this hadn't occurred to me before as I have other apps with in-app purchasing so I just went ahead and pushed an update that sells 10,000 coins for 1$. This gives them enough coins to send almost 50 SMS to India. Now it's time to wait and see if anyone makes a purchase.
I now added Receiving SMS as well to the app. This introduces a whole new use case. I'm hoping some people will use that as well. We'll see.
I've been watching my ad revenue and it sure did start small at 3$/month on January 2020. Next month Feb 2020, I did 7$ and now in March 2020 I see around 15$. That was surprising to me but it seems I'm on the right path doubling income from ad every month.
I'll try to keep this momentum because for this to become profitable I need a healthy size of users and higher revenue.
So finally I have 170 active downloads and a healthy income from ads. I'm still not breaking even but I'm monitoring closely and adjusting the coin cost to reflect my ad RPM. I had no idea I would have so many visitors from India, Pakistan etc. and that RPM (the money google pays me for ads for 1000 views) would be so low!
Hoping to turn this into a passive profit making app eventually...
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looks good. Another alternative is https://textgun.io to send and receive sms text messages
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