App Masters · Jan 24This ChatGPT App Makes $200K a Month
Released December 8, it earns six figures a month (about $300K on Sensor Tower), mostly from ChatGPT search terms. Its $12.99 advanced weekly plan with a three-day trial earns the most, and break-even is about $1 per download.
Tips
- Lead with a weekly subscription and a three-day free trial▶ 6:06Advanced weekly at $12.99 is Genie's highest revenue purchase; the other weekly prices are $8.99 and $6.99.
- Show the paywall again on the second app open▶ 9:27Genie hits users with the paywall on the second open.
- Skip free trials on plans with high per-use costs▶ 8:55He notes a cancelled trial could cost something like ten dollars in usage.
- Ask for an App Store review during first-time onboarding▶ 4:57
- Use revenue per download to cap what you pay per install▶ 0:29For Genie, break-even was about a dollar per download.
- Treat six-figure monthly revenue in any tool as a go signal▶ 2:35Different tools gave $100K versus $500K for the same competing ChatGPT app.
- Mine competitor keywords to find where the revenue comes from▶ 3:02Keyword popularity scores in the video: 'gpt' 31 and 'open AI' 38.
- Use top in-app purchase data to set your own pricing▶ 4:26Weekly plans at $12.99, $8.99 and $6.99 performed best for Genie.
- Cross-promote your new apps inside a hit app▶ 10:12Fun Run used an in-app pop-up in its current game to launch a new version.
- Make plan differences specific on the paywall▶ 5:19
- Expect a trending ChatGPT app niche to get crowded fast▶ 10:28Genie was released December 8th and passed the other ChatGPT app in category rankings after it left the US store.
