After you’ve decided on a business model, you need to determine how you’ll make money. Picking a good pricing model for your app is difficult. The App Store is a highly volatile market, and the best pricing model can change as quickly as the App Store itself. Additionally, price wars have driven the median price of an app down to $0.99, so it can be hard to justify an app that’s more expensive than that.
Don’t get caught up in the price wars of the App Store. You will get fewer downloads at a higher price and some people may scoff, but the extra money from a higher price will more than ...