What are the techniques for Mobile App Monetization

Developing Mobile App is in Boom. Whether you have your business or eCommerce store you can opt in for Mobile app and can give your consumer better user experience.

With the Mobile App boom in the industry the various ways of earning Money from the mobile app has emerged.  While adopting these techniques it has become difficult to keep the user experience in tight.

So, here we are discussing few of these techniques that you may apply to your mobile app. 

Mobile In-App Advertisement

Mobile In app is one of the powerful techniques to generate revenue from your app. At the same time it is riskier that it may affect end user experience. So, while adapting this techniques, make sure that you are keeping the balance in between revenue generation and user experience. There are various types of ads you can opt for your mobile app. 

1. Full Screen Mobile In App Ads

2. Notification Ads

3. Banner Ads

4. Capture Form

5. Advanced Overlay

You should make a wise choice from the above specified ads and try to generate revenue.

Also Read: Android Mobile App or iOS Mobile App

Freemium Model Mobile App

You might have observed that few mobile apps are paid but few are paid and need to pay monthly or yearly subscription for those apps. Few of them are Hotstar, Amazon Prime, Baiju etc. From all these apps you could see they have something unique in them that people are paying them and taking paid subscription. If you also feel that your app serve something unique, then you may also earn hefty amount of money with subscription. 

But right way is to develop a freemium model of mobile app where in some of your app features will be free but for some your consumer will needs to pay. By doing so they get a in depth idea about your product and services. And if they really loved them they will  not be hesitant to take paid subscription.

Through Data Monetization

Each user interacting with your mobile app will leave behind their crucial information. This crucial data if used in a right way can help you double your revenue. 

You may make use of this mobile app user data for your other marketing techniques, like email marketing and SMS marketing. By doing so, you may retain your existing customer and may help them serve better. You will be able to analyze their behavior , demography, and interest. You may also sale your valuable data to any of the good analytics company for them it is very very crucial and you may earn hefty amount of money.

Aimbeat Softech is a mobile app development company in Vashi and is specialized in customized mobile app development.