The Mobile app development industry has grown into a multi-billion dollar industry. With such huge profits in the business, app monetization strategist is coming up with new strategies to launch their app to this swelling revenue sector.
Additionally, these apps not only entertains you but also helps and remind you of the trivial task which is very much necessary. Wherefore, the Mobile Application development Companies can come up with great ideas to make apps that can be useful for the mob. Additionally, they can make effective app monetization strategy to generate revenue. By app monetization strategy we mean using different promotional and app monetization strategy to increase the popularity and widen the revenue perspective.
After deep success studies of various apps, we have crafted some app monetization strategies that can make your business a greener pasture. In order to earn revenue from your app, you must first thoroughly analyze your apps and then set the monetization parameters according to its mettle.
Be it daily soaps, new papers, radio programs advertisements are the major source of revenue generation. Being a user we know that how much annoying it is when an add pops into out of nowhere. Keeping this in mind we need to know that we should not make advertisements hover over the users rather they should be placed appropriately keeping in mind the dearth of space on the mobile screen.
Our major focus should be the position of the advertisements. It should be either at the top or at the bottom of the screen. Moreover, we can focus on the pop-up ads or transitional ads. These ads can appear during stage transition of the apps. A full-screen advertisement can be displayed at this point.
However, advertisements can surely fetch a lot of revenue to you but you need to keep a check on the number of advertisements you portray on your website, as we are well aware of the level of irritation they create. So, it is important to take baby steps when it comes to advertisements.
The whole point of using a mobile app is to work fast. So, make sure that your app is downloaded swiftly and efficiently. Otherwise, it will create a bad impression on your app and you can tend to lose your audiences. Therefore, in order to create a good impression of your website, make the downloading fast. Moreover, using the installer can prove to be a good app monetization strategy.
Now the question arises, how can you use an installer for app monetization? The best way to monetize a mobile app is that the third party ads can be displayed at the time of installation. This can also help us to break the monotony and serve our monetization purpose. Moreover, you must ensure that the products and services advertised must be related to your app, as it will benefit your mobile app as well as the advertisers.
The idea behind this came from the huge mob that runs to the showroom after watching the discount board. We can use the Bundle Deals strategy to monetize your app. In this, we can make a combo of our app and other apps and can make available to users at a discount. This strategy will not only monetize your app but will also help to increase downloads of your app.