Generating revenue with a mobile app has become comparatively easier than selling products at physical stores. One of the reasons for higher revenue generated using apps is that they can reach a larger audience plus, there are countless ways to monetize. One of the best apps using which you can generate 10X revenue easily is the Gojek Clone App!
The figure did trigger your interest in this app, right?
So, let’s explore multiple ways to make money with this Gojek-like mobile application.
Making 10x Revenue with a Gojek-like App
For app owners, earning revenue is important. Count it as the “additional pay” that the entrepreneur gets besides the profits.
Now, basically, a mobile application pitches a gazillion ways to make money. It is the entrepreneur who has to make the decision of picking the right one and making exceptionally high revenues!
However, when it comes to choosing the Gojek Clone App for your business operations, the app comes with pre-integrated ways you can 10X your revenues besides the profit-earning!
There are three ways you can make the “Additional Cash” alongside earning profits from commission or subscription plan purchases.
1. Third-party Facebook/Google Ad Displays
As the app owner, you can allow third parties to display their Facebook or Google ads on your app’s home screen.
How does this work?
For example, a new bakery wants to advertise itself in the region they operate. Now, they will approach either Google or Facebook to run ad campaigns for them.
The ad campaign will cost them X amount of money that the bakery needs to pay to Google/Facebook.
Now depending on who is running the ad campaign for the bakery, the tech giant (Facebook/Google) will reach out to you. They will ask you to display the ad on your Gojek Clone App because it is a big platform with a huge audience and countless daily customers!
If you say yes and integrate the ad on your app’s home screen, the advertiser will pay you a predefined amount for every click on the ad! So, if the ad gets 500 clicks every day from your app, you’ll be earning $1X500=$500 every day additionally!
2. Commission from Price Surges
As the app owner, you will be able to earn commission on price surges as well.
The price surge is when the customer needs to pay extra money for booking a service. The prices often go up during high-demand hours, bad weather, holidays, etc. At that point, you can increase your income.
How does this work?
For example, a user books a ride to the airport at 2 AM! During late night hours, not many drivers stay online and accept rides. That is the primary reason why prices are high.
Now, in the evening or during the day, the normal fare to the airport from the user’s location would be $100. However, since the timings are odd, there is a surge of $50 in the price!
Thus, the total fare now is $150. You as the Gojek Clone App owner will be able to make more commission on this ride. Say, if the commission rate is set at 10%, the amount that you’d earn is $15!
3. Commission on Cancellation Fee
Another way you can 10X your revenues is via the commission earned on the cancellation fee.
How does this work?
For example, the user forgets to cancel the service booking on time and now, they are being charged $50 for the same.
Although the cancellation fee is to compensate for the provider’s time and effort, you as the app owner get to make revenue from it.
Say the commission rate that you charge on the booked services is 12%. Thus, the same percentage would be deducted from the cancellation fee. This means that you will earn $6 (12% of $50) while the remaining $44 will be credited to the provider’s wallet balance.
In Conclusion:
Isn’t earning 10X revenue easy with the Gojek Clone App?
You can too enjoy the perk of earning profits from commissions on every service and membership plan along with the additional cash generation! All you have to do is launch this multi-service app in your region with the help of a white-labeling firm!
Want to know more? Connect with the sales representatives ASAP!