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#1 » by ferdinand89 (β9) » June 22nd, 2019, 8:20 pm

What is the best way to monetize an app?


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#2 » by swartz (β122) » June 23rd, 2019, 4:53 pm

Your choices - paid app or free app. With paid - it's clear that you are paid when someone purchases an app.

Free app - you can monetize it by in-app purchases or advertising. I'd recommend to wait with in-app purchases, as it's a more common practice for top ranked apps that have millions and millions DAUs.

In-app ads are a great way to monetize your app though. If you are being smart about it, and care about user experience, it won't affect your retention rate, and still will bring more money. Moreover, a lot of monetization services offer cross promo - that allows you to advertise your other apps within your app without paying for it. So if you built an app that has 50k DAU and just released a new no-name app, you can advertise your brand new baby app for those 50k users that use your other app.
cool that ever before

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#3 » by hummer (β7) » June 23rd, 2019, 4:56 pm

It is quite a complicated process that will definitely require a lot of investments. Be ready for that anyway. I recommend to go through this article first https://light-it.net/blog/how-to-build- ... ion-app/#4 that will help gage your strength and abilities both financial and technical. Hope it can help

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