An app which comes with an abundance of benefits for the users also holds the surprise of breaking the nuts of the monetary bank for the business owners as well. No, I am not directly hinting at the revenue generation which every business receives, but there is another side of the crystal ball which directly hints at the more number of monetary benefits a business owner do receive from the mobile app platform.
But how does it happen and what are the ways to grab this deal? To be honest, there lies a pool of options which let the app to get monetized easily, and trust me following these strategies not just help the mobile app to receive a huge number of the targeted audience but also business owners grab a huge profit from the mobile apps, so what are you waiting for? Just read further and get amused… Affiliate Income- Although not many app developers find this technique a welcome note, since your app is going to promote some other product within your app, but trust me, if these products are linked with the genre of your mobile app, then it brings the serious money to roll-in your account. For instance: if your mobile app deals with the genre of aesthetic then giving the ads of make-up products would really help in between, because your users would find it inter-linked with same interests. In-app purchases- when a user lands on your mobile app and gets an option to buy within the app, and the entire business of money transaction is taken care by the store, from where the app owner receives the commission. You might think that user would prefer to make a buy within the app easily, but here you need to hold your breath and need to understand that no user would prefer to buy your mobile app, as long as they find your app’s feature to be worthy enough to purchase it. You need to keep every possible ingredient to be a part of the mobile app, which can allure the users further to unlock the functionality. Freemium- I too personally prefer to download a free mobile app, given a selection to be made between the premium and free version, because as a user I want to try the different app functionalities and want to see that how far this is going to fit my requirement basket. In this wake users like me prefer to try the free version and if liked, they can proceed with the premium version. If I have to state a personal example then I would like to narrate about an app, which I downloaded as a free version, and the features and the functionalities were so engaging that I ended up buying the premium version as well. It clears the cloud of confusion that unless the app has the potential to allure the customers, then only users would prefer to move ahead. Subscription- Albeit I believe that subscription is indeed a chic way to make money. Within this strategy, users pay a monthly fee to grab the latest videos, music or any other information related to the mobile app. But again users would stay connected with your mobile app subscription, only when they would find the content engaging and different from the available internet information. Advertisement- An advertisement which reflects within your app come in different size, shape, and taste, you need to be smart enough to pick the right set of mobile advertisement for your mobile app. You must pick an ad type which suits the taste of your app’s targeted audience and in accordance with you have to pick the ad type, which can be in the form of the banner, animation or a video. With this strategy every time the app user sees the ads and clicks on it, it grabs some penny to be filled in your pocket. But as I discussed before, the app advertisement must go as per the taste of the targeted audience. In this run, the role of your selected app development partner plays a huge role, since it is only the app development company which makes the right mobile app marketing and monetization strategies to be associated with the mobile app. If your app development company fails to relate to making a successful app for your business needs, then no matter how much you would put the efforts with the app features and the concept to bring the real jackpot for your business, but it would never succeed. You must get in touch with a top mobile app development Dubai to make your app touch the acme for your business needs and requirements. Don’t be get fooled with the naïve mobile app developers in the market to spoil your app’s dream, but you need to stick to the right strategies to pick a Best mobile app development company for your business needs.
2 Comments
6/8/2022 07:37:41 am
Nice article! Thanks for sharing this informative post. Keep posting!
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Author : AnkitAnkit is a lead Business strategists at Techugo. His passion and skills for marketing and writing is imbibed together in his writings. In addition to writing tech-infused write-ups, Ankit is a frequent backpacker. Follow him on FB and Twitter... Archives
July 2021
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