We have explored different methods to earn the revenue from the apps and researched about the methods that are sure to offer the best ROI for your app development investment.
Get a Hang of App Monetization Techniques
App monetization simply implies to the techniques of generating revenue from the applications.
Irrespective of the fact that you are a developer or a mobile app owner, having the related knowledge of app monetization techniques is always going to benefit in the long run.
Which monetization method you will choose depends much on the type of mobile app you are developing.
After all, you are offering some extra functionality to the users in your apps.
What if I tell you about an AdSense like technique that would add profits to your application?
Using advertising services is one of the most used mobile app monetization techniques that a number of top mobile app development companies follow.
This is a strategy that can easily be followed by the best mobile app development companies.
The most popular in-app ads that could be used are:
Video ads are one of the best techniques that can help to add more profits to your earnings.
Practice # 2 Charging for App Installs
According to a survey conducted by Apptentive, free apps make a profit when using a combination of different strategies:
Alty team decided to conduct our own investigation and compared different approaches based on both our client’s and our own results as app publishers.
To be more precise that is $7.40 paid for apps every three months versus $9.20 on in-app transactions.
Yet freemium Android apps still account for 98% of Google Play revenues on a global scale.
So stay with me till the next section for the tips
Also, you may be surprised to know that Asian consumers spend 40% more in apps compared to the rest of the world.