11 Simple Software Advertising Tips to Improve Monetization and Distribution

Software advertising is a useful tool for developers who want to both promote and monetize their software. Software marketing isn’t rocket science, but it does take a bit of planning, a bit of finesse, and a bit of common sense.

Here are 11 software advertising tips that can help you improve your bottom line and extend your reach.

1. Map Your Niche, Then Your Conversion Funnel

Every niche is unique, and has its own proclivities towards certain online media channels, social media networks, websites, and so forth. A decent map of your niche will give you the ability to construct a conversion funnel that isn’t just based on guesswork – it will be based on solid data.

2. Trust the Numbers, Not Your Team

Everyone on the team has an opinion and a bias. What you or anyone else on your team thinks may work for an ad campaign isn’t necessarily the best solution, yet political struggles can often divide a company. Often, when these opinions are stacked against the numbers, it appears that no one is right.

Whether you’re making decisions about advertising, marketing, or user interface design, use analytics and user testing to help find out the real answer. This way you can move on to more important things.

3. Test Something New Every Few Months

The curve is always changing, so keeping up with the curve requires constant evolution on your part. Always research the latest advertising trends, <a “=”” target=”_blank” rel=”noopener noreferrer”>monetization platforms, and marketing news.

Stay up-to-date with the latest trends and test them out. Even if a trend turns out to be a fad, a side test on a side product never hurt anyone. Everything you learn can help you make smarter decisions down the road.

4. Personalize Based on User Data

Whether you’re developing an app, an extension, or a desktop program, you have the potential to gather user data. This data keeps you up-to-speed on what users want, which allows you to personalize, among other things, two important aspects of your monetization strategy: your app and your advertising.

The more personal you make it, the more value you can deliver, and the more conversions you’ll make.

5. Get Familiar with the Advertising World

Learn what’s up and who’s who. Stay up to date with the latest news so you don’t get left behind when big changes take place. Keep up with monetization news and have relevant headlines delivered to your inbox every day.

6. Display Is on the Rise, So Use It

Display advertising is increasing year by year, and is set to overtake search ads in 2024. Highly specialized software advertising solutions such as DisplayFuel offer the best choice for developers: they bring in high quality, targeted users who convert and stick around.

7. Bundle

Bundling your software offers several promotional benefits:

  • You can earn revenue from smaller code packages, such as extensions and plugins
  • You gain exposure to your partners’ audience pools
  • You can meet new people in your industry and form new alliances
  • Newer developers can gain experience and a foothold in their target niche

8. Promote with Software Advertising Platforms

Software advertising platforms, monetization platforms, and promotion platforms such as those offered by CodeFuel, allow you to manage your marketing efforts from a single place. This reduces your marketing expenditure, allows you to calculate your marketing ROI, and gives you the knowledge you need to optimize effectively.

9. Automate as Much as Reasonable

Automation is useful for the repetitive tasks that take up too much of your time, as well as the tasks that are just impossible for you to handle. Keeping up with the ever-changing marketing industry, for instance, is becoming more and more difficult as the advertising world continues to fragment and evolve.

Here are examples of tasks to automate:

  • Cross-posting the same content on your social media and blogs
  • Gathering data from the web or news outlets that is relevant to your industry
  • Real-time bidding
  • Campaign optimization

Avoid automating human interactions and over-automating customer service, which can appear artificial.

10. Monitor the Competition

If you’re a large business, then you may want to consider investing in competitive intelligence tools. But even if you’re a freelance developer or a small company, it pays to track your competition day in and day out.

Use automated data collection tools to track their movement online, so you can adapt your marketing and monetization strategy when they evolve theirs.

11. Try Out New Tech

Not only should you try out new advertising strategies and tools, you should also try out new technology. Every learning experience is an investment, which can always pay off in dividends.

Study new devices, experiment with the analytics and data they offer advertisers, and test your software advertising strategies in these new mediums.

 

Whether you’re just starting out in the software advertising world or whether you have years of experience, these simple tips will help keep you on top of your game so the competition doesn’t get ahead. 

Software Marketing in 2024: 5 Tips for Getting the Word Out

Software marketing in 2024 isn’t the same as it was five or ten years ago. Gone are the days when you can create a quick-and-dirty app for quick-and-easy profits. In most cases, a single app needs to form part of an ongoing, long-term business and marketing plan.

With that in mind, it’s best to build a product that adds lasting value to customers, so they stay engaged for the long term. Loyal users make more money, aid your reputation, and fuel your business growth.

Here are five tips for developing a long-term, successful software marketing plan in 2024.

1. Target Your Advertising

Advertising is becoming a complex science. To be successful, you need to know who your audience is, where they spend their time, and how to target them.

Who – Most analytics, advertising networks, and marketing platforms offer sophisticated targeting. Depending on the advertising platform, you’ll be able to target gender, geographic locale, age groups, education level, interests, relationship status, and so forth. This information is extremely powerful and has a big impact on conversion rates. Use user testing and analytics to gather as much of this information as possible.

Where – Though you want to know where they are in the real world, you’ll also want to know where your users spend their time online. Knowing the “who” will help you find out if they spend more time on certain social networks, on certain websites, on certain apps, and on which devices and operating systems.

How – So now that you know all about your audience, how do you target them? Choose the right advertising platforms. If your audience spends time on Facebook, then Facebook is clearly a good option for advertising. If a niche audience spends a lot of time on a set of niche websites, make sure that your advertising networks or marketing platforms can advertise on those websites.

Targeting the right users is half the battle.

2. Automate the Right Parts of Your Marketing

Marketing automation is an essential asset for online marketers. When used correctly, automation can give you a competitive edge; when it is misused, it can sound artificial. Here a few things you should automate:

Data Gathering – Keep track of what’s going on in your industry through tools such as Google Alerts, RSS Feeds, Digg, and similar aggregators.

Auto-Responding and Auto-Posting – Automatic responses to inquiries, social media follows, blog comments, and emails are fine. Some automatic social media posting is fine, but too much can seem artificial. Some marketing firms have found that automatic social media posts lowers the number of followers, likes, and so on.

Custom Triggers – Easy-to-use tools like IFTTT (if this then that) allow you to set up triggers between online channels that automatically perform another action. For example, each time someone follows you on a social media channel, you can automatically send them a thank you message. Programmers will probably be able to create custom scripts that perform certain actions under certain circumstances.

In general, when automating your marketing, auto-responses are fine. But avoid automating your online socializing, such as commenting, Facebook posts, Tweets, and so forth. People can tell.

3. Use Marketing Platforms

Marketing platforms, such as Grow Mobile and CodeFuel’s monetization products give developers an array of marketing tools.

Grow Mobile, for example, gives you access to multiple ad networks in one handy interface. Instead of tracking and engaging multiple campaigns on multiple networks, you can follow all your campaigns under one roof. Tracking analytics, ROI, and customer value becomes much easier.

In a way, this could be considered a form of automation. Elsewhere on this blog, we discuss monetization platforms and marketing platforms in depth, and their future role in online marketing.

As with other marketing automation tools, these platforms are particularly useful – and practically necessary – for any developer who wishes to remain competitive.

4. Use a Pay-Per-Install Program and In-App Ads

Pay-per-install software works by presenting advertisements during the download process. You can tweak and customize the installation process the same as you can with any other conversion funnel. Split-testing and analytics allow you to boost conversion rates and your revenue.

Once your download is completed, you want to keep making money. That’s what in-app ads are for. Using the information you gather about your audience, choose an appropriate ad network that targets the right users.

Keep your ads streamlined, unobtrusive, and as relevant and integrated as possible. Some highly relevant ad formats, such as recommendation engines, actually work with a program to add value, which increases conversions that much more.

5. Get Listed

Get your app listed wherever you can as lists are amongst the most powerful tools in your marketing arsenal. Here are some others to consider:

Software Directories – Find a software directory that allows you to use a pay-per-install program, and use the directory to get in front of thousands upon thousands of users.

App Stores – App stores aren’t just for smartphones any more – Windows 8 and Mac have their own app stores. Store listings is a must for any developer.

Top Ten Lists – Bloggers love top ten lists, so find your nearest niche blogger and let them know about your app. If the app is good enough, it may be included in their next top ten list.

Affiliate Networks – If you charge for your product, get listed on an affiliate network. With the right commission, your software will get picked up by affiliates, who will end up marketing your software for you.

Pay-Per-Download Networks – Another way to earn money and get the attention of marketers is on pay-per-download networks, which often have affiliate programs of their own.

These are just a few tips to help you improve your software marketing. For more, check out our blog.

5 Ways to Monetize Your Software

Creating your own software isn’t just a great challenge. It can also be a super way to grow your revenue stream. This is true whether your business is to create software for other businesses, or if you’ve just created a single software package to complement other services. While much of your revenue may come from sales of that software, why not increase your profits by monetizing your software.

Think of it as the cherry on the cake, the whipped cream on your hot chocolate, or the
Much like monetizing your website or app, there are many ways to make money from software. Here are just a few ideas on how you can monetize your software:

Customizable Installer

You’d be surprised. The software installation process presents several opportunities for monetization. For example, you can create or purchase a custom installer that will show your customers different offers during the installation process. These offers could include other software products or special discounts on related products or services.

The installer you create or customize could promote your own products or services, helping you to boost your overall revenue. The installer could also promote other products and services for which you earn a flat fee or commission when customers click on the links or purchase items through the links.

Your customers are just staring at their screens while they’re waiting for the software to download.

Why not take advantage of this opportunity to show them products that might benefit them and earn profit for you? Think of it as a win-win situation, one in which you earn money while your users stave off boredom.

Browser Extensions

One of the things that people can include when they download your software is a browser extension. You have likely such offers yourself many times when downloading new software. In many cases, you have to uncheck a box in order to prevent the download of the browser extension with the software.

You can actually make money with these types of browser extensions, and there are a couple of ways of doing so. Some people will pay you to include their browser extension because it allows them to gain tracking data that they can use for advertising.

Others will simply pay you for the number of clicks the extension generates. Explore your options to find out which makes the most sense for you.

Search Boxes

You can include search boxes right in your software, or you can make them part of a browser extension. Like browser extensions, search boxes can be used to track data for advertising insights, or they can pay you out based on the number of clicks or purchases that they generate.

You can create your own search boxes then install the advertiser’s tracking code, or you can use a box provided by a company that puts you in touch with advertisers. The latter option takes care of all the heavy lifting for you.

Bundle Deals

Including your software in a bundle package creates a better deal for your customers and makes more money for you. Partner with other businesses who offer complementary products, and include your software and theirs in a package deal. Customers will likely save money by downloading both at once. This will encourage more people to buy the bundle, increasing your revenues. Just think of it as a 2-for-1 stall on your installs.

Earn two bundle incomes with one install.

You may also be able to make money from the other business using this strategy. If your site or your business is popular enough, other businesses may pay you for the opportunity to partner with them. They will get more exposure for their product, and you will make money on the bundle deal.

In-Software Advertising

There are plenty of places you can include advertising in your software. And though these ads may not generate as much interest as the annual Super Bowl commercials, they can still boost your bottom line. And really, that’s what we’re looking for here.

Ads can appear during transitions. They can show up when the software is started. They can be placed on a sidebar, a header or a footer. They can even appear in text in the software. Where you place the advertising just depends on the functionality of your software. The ads should be unobtrusive, and they should be relevant to the user.

You can sell ads during the development phase of your software, or you can include code that allows you to update the ads continually. When you update the software, you can update the ads being displayed. This gives you opportunities to continue to present users with relevant ads, no matter how long they have had your software.

Most people focus on sales of their software when they are thinking about the revenue they can make from it. However, this is short-sighted. While software sales can surely bring in a lot of money, there are many other ways to make money from software. You can include browser extensions, search boxes or in-software advertising.

You can create bundles or custom installers. You could even take advantage of all of these opportunities. The only limit, really, is your own creativity. Think about the types of partnerships you can develop and what kind of audience you are targeting. Explore the full range of options to discover which strategies work best for your business and your software.