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Side Hustle School

#2628 - Q&A: “What, Apple takes 30% of all app payments”?

Side Hustle School

Chris Guillebeau

Business, Side Hustle, Entrepreneurship,, Careers, Entrepreneurship, Small Business

4.73.3K Ratings

🗓️ 12 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this episode, we discuss strategies for app developers to navigate Apple's 30% in-app purchase fee. Discover how alternative payment methods, subscription models, and cross-platform development can help maximize your app's revenue while staying within Apple's policy framework.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.substack.com

If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

For brands in the digital age, content is the customer experience.

0:04.0

That's why industry leaders like KFC, MailChimp, and BMW rely on the contentful composable content platform

0:11.0

to easily create, collaborate, manage, and deliver content across all channels,

0:16.0

resulting in meaningful customer experiences and significant business results.

0:20.0

Ready to maximize your content's potential?

0:23.0

Get started at contentful.com.

0:25.0

Contentful, where content drives business momentum. Did you know that Apple, you know, the company that makes a lot of our phones and computers,

0:37.0

you know that Apple, you know, the company that makes a lot of our phones and computers other devices and such

0:45.1

new virtual reality tools iPads and so on did you know that they take 30% a

0:50.7

30% cut on all kinds of in-app purchases.

0:55.0

So if you're making an app or you have subscription payments or pretty much anything that goes to the Apple store,

1:00.0

they're taking 30%.

1:02.0

Now that can be a significant hurdle, especially for small businesses and

1:05.1

independent developers who are looking to maximize their apps revenue. You're like, well I understand

1:10.0

there's going to be a cut, I understand there's a commission of sorts. What's it going to be? Is it 5%,

1:14.8

10%, you know, that's kind of common, maybe a little bit more, but no it is in fact 30%. So people have been

1:20.9

complaining about this for years, but for the most part it's kind of like you just got to deal with it.

1:25.0

So we're going to hear from an app developer today who's like, I don't want to pay the 30%, what can I do? Is there anything I can do?

1:32.0

Well, you do need to remain in compliance with

1:34.1

Apple's policy framework if you're going to sell in that platform because they've

1:36.9

got millions and millions of customers and they're like this is how it works it's

1:40.3

our way or the highway, but there might be a couple options.

...

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