App Store opens small Business discount program

App Store opens small Business discount program

App Store opens small Business discount program
Apple has officially opened the App Store’s small Business discount program. The program gives App developers the right to pay Apple a 15 percent commission if their annual income is less than $1 million.

The plan announced in late November, small enterprises and individual developers program called the App Store, apple said, due to the outbreak of the special period, facing the challenges of the global economy, small businesses and independent developers face a greater impact, which aimed to help the small businesses and independent developers have better resources for App development and development. For small businesses and individual developers with less than $1 million in annual revenue, the App Store commission is reduced to 15 percent (normally 30 percent). The program will be officially launched on January 1, 2021.

The scheme is now open to registration, and most developers selling virtual goods and services on the App Store are eligible to apply by filling out a short registration form.

Apple announced the criteria for qualifying for the discount

• Existing developers with total revenue of up to $1 million for all apps in 2020, as well as new developers joining the App Store, can participate in the program and enjoy a reduced commission rate.

• If participating developers earn more than $1 million, the standard commission rate will apply for the rest of the year.

• Developers who earn less than $1 million in business revenue in the next year will be eligible for a 15% commission in the following year.

If the developer’s income exceeds $1 million in the next year, they are ineligible to participate; if it falls below the $1 million threshold, they can re-apply for a 15% discount in the following year.

Apple requires developers to list associated accounts because the $1 million number is associated with the total revenue for each account.

Developers who want to apply must register by 10 am PST on December 18, 2020 to be eligible for program benefits by January 1, 2021, Apple said.