Google’s Play Store is home to millions of different apps made by various developers around the world. So, much like Apple, Google also charges a commission for digital products and services which developers offer in their apps. Now, the Mountain View giant has announced to reduce that commission by 50 percent. This move will help developers succeed and gain more profit by selling their digital goods and services on the platform.
The move comes after Apple’s decision to reduce the App Store commission last year. So now, the company will levy a 15% commission on apps and services on the Google Play platform instead of the previous 30% cut. This new policy will go into effect starting from July 1 of this year.
Boosting developers success 🌟
However, this move is a bit different than Apple’s strategy. This is because, unlike Apple, Google will take a 15% cut from developers for the first $1 million of revenue earned via the Play billing system each year. Beyond the first $1 million, however, the company will levy the 30% commission as before. Apple, on the other hand, lowers the commission fee based on the revenue earned by the developer in the previous calendar year. If a developer earned less than $1 million last year, Apple will take a lower 15% commission fee. Google, on the other hand, is offering a 15% fee to every developer.
