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Are you wondering how do free apps make money? Here we have listed 9 best app monetization methods which followed by many popular free apps to earn revenue through their app.
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How Do Free Apps Make Money? Presented by GuruTechnoLabs 9 Mobile App Monetization Strategies
Introduction Mobile apps have become integral part of our life. We use various types of mobile app in our daily life and most of use prefer to use free apps rather than paid apps, but you know these free apps still earn money. So are you interested to know how do these free apps make money then you are at perfect place. Here in this pdf file we have listed down 9 most popular app monetization which used by many popular free apps, so let’s get start…
Advertising. In-App Purchases. Affiliate Marketing. Sponsorship Model Subscription Model. Transaction Fees Freemium Model Selling Merchandise & E-Commerce Collecting and Selling Data 9 Best App Monetization Methods
1. Advertising. This is the most popular monetization method to generate revenue for your app. We all use so many free apps a and see different type of ads on it and when we check that add and click on link app owner earn money. The majority of free app owners use this model to monetize their apps and generate enough revenue from this. Presented By GuruTechnoLabs
There are 5 main types of advertisements. Check the list below: Native Ads Interstitial Ads Banner Ads In-Stream Video Ads Incentivized (Rewarded) Ads Types Of Ads
2. In-App Purchase. In this monetization method app owner provide some extra features of app, but user looking for these feature then he/she need to pay charges. In-app purchase is also one mostly used app monetization method. Presented By GuruTechnoLabs
3. Affiliate Marketing. This is also one of the most popular app monetization method. Here app owner promote third party products and generate revenue. In this method when someone buy third party product or service promoted by the app then the app owner get commission. Presented By GuruTechnoLabs
There are 4 common types of affiliate marketing campaigns. Check the list below: Cost Per Acquisition(CPA) Cost-Per-Click (CPC) Cost Per View (CPV) Cost Per Install (CPI) Types Of Affiliate Marketing Campaigns
4. Sponsorship Model. In this monetization method big brands, agencies and advertisers partnering with you to set their sponsor ads. When you get sponsors for your app you will generate revenue when a user take some action when they show your sponsors posts. Presented By GuruTechnoLabs
5. Subscription Model. In subscription model app owner provide app free for some limited time and then app owner charge for it.This monetization method used by many big apps and it is very successful strategy. Presented By GuruTechnoLabs
6. Transaction Fees. This strategy also get attention of app owners, But this method only available if you have a product based app where transactions occur frequently. Here app owner can charges on transactions from customers. Presented By GuruTechnoLabs
7. Freemium Model. It is very popular and similar to in-app purchase. Here app owner provide some features for free and if user want to use more features then they have to pay for it. Presented By GuruTechnoLabs
8. Selling Merchandise. This is also a good monetization model where e-commerce business build apps and sell products and service on app. Presented By GuruTechnoLabs
9. Collecting And Selling Data. This monetization method followed by many free app owners. Here app owner collect user’s data through app and then sell it to big brands. Presented By GuruTechnoLabs
So this are some main app monetization strategies which used by free apps to generate revenue, and we hope that you got your answer about how do free apps make money. If you have any query related to this then feel free to contact us. We will surely provide you the best solution. Conclusion Presented By GuruTechnoLabs
Contact Us If you have any business related query then feel free to contact GuruTechnoLabs for free consultant. Check contact details below. Website:https://www.gurutechnolabs.com/ Email: sales@gurutechnolabs.com Ph:+1 347 467 1234