{"id":4057,"date":"2022-05-05T12:20:14","date_gmt":"2022-05-05T12:20:14","guid":{"rendered":"https:\/\/mobileapp.sankalpcs.com\/blog\/?p=4057"},"modified":"2022-05-05T12:20:14","modified_gmt":"2022-05-05T12:20:14","slug":"how-to-make-money-online-with-your-app","status":"publish","type":"post","link":"https:\/\/mobileapp.sankalpcs.com\/blog\/2022\/05\/05\/how-to-make-money-online-with-your-app\/","title":{"rendered":"How To Make Money Online with Your App?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4057\" class=\"elementor elementor-4057\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-521ee38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"521ee38\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ccbc2f\" data-id=\"6ccbc2f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9edbd94 elementor-widget elementor-widget-text-editor\" data-id=\"9edbd94\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.12.2 - 23-04-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The mobile app industry has seen a huge surge in the last couple of years. Apple Appstore and Google&#8217;s Playstore receive more than 10 lac app submissions every month. Businesses worldwide have recognized the power that mobile apps provide. You could be a service provider based in India or a manufacturer in China, a software developer in the USA or an entrepreneur in Europe. Having a mobile app provides you with a window to the world. It also unearths the enormous potential to earn money.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f789f3 elementor-widget elementor-widget-text-editor\" data-id=\"6f789f3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><strong>Did you know &#8211; The total number of mobile apps on the planet has now reached a massive 8.93 million<\/strong><\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c32460 elementor-widget elementor-widget-text-editor\" data-id=\"4c32460\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>But then the big question to ask is -how many of these apps make money? The answer is only 15% &#8211; 20% of them. Finding an app revenue model that includes sustainability and profitability is a delicate balancing act. In addition to providing a superior user experience. So then, the next logical question in every business owner\/app developer\u2019s mind would be \u201cHow do apps make money?\u201d \u201cWhat should be the revenue model?\u201d \u201cHow to achieve app monetization\u201d in simple words \u201cHow does a business make money online from an app?\u201d.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f60131 elementor-widget elementor-widget-text-editor\" data-id=\"2f60131\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In the below article we try and answer these exact questions. Read on.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be4d2ad elementor-widget elementor-widget-image\" data-id=\"be4d2ad\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.12.2 - 23-04-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"610\" height=\"341\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/digital-1.jpg\" class=\"attachment-large size-large wp-image-4066\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/digital-1.jpg 610w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/digital-1-300x168.jpg 300w\" sizes=\"(max-width: 610px) 100vw, 610px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a04a78b elementor-widget elementor-widget-text-editor\" data-id=\"a04a78b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tApplication \u2013 Its Purpose and target audience.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5eee7a5 elementor-widget elementor-widget-text-editor\" data-id=\"5eee7a5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Before we discuss app monetization strategy and revenue models, the key to making money online with your app is to first understand the type of app you want to put out. What problem is your app addressing? Your app\u2019s purpose and target audience. These are the 2 key elements that help you narrow down on the correct app monetization strategy.<\/p><p>The pandemic has ensured that the buying habits of individuals have permanently changed. One of the biggest changes is the emergence and acceptance of \u201chome delivery\u201d as a concept. The lockdown meant that customers couldn\u2019t move out of their houses. So, businesses are now faced with a unique challenge &#8211; how to bring their product\/service to customers\u2019 homes? Food, groceries, products, and even haircuts were all \u201chome-delivered\u201d<\/p><p>In the last 2 years, there has been an increasing number of food delivery, e-commerce, and service booking apps. While many of the entrants have fallen off the radar. There are a few who have done it right and made money.<\/p><p>Let\u2019s use these apps as examples to understand each app monetization strategy below.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d1f5c29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d1f5c29\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7310001\" data-id=\"7310001\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71c6ff6 elementor-widget elementor-widget-image\" data-id=\"71c6ff6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mobileapp.sankalpcs.com\/on-demand-readymade-food-delivery-app-development-company\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"629\" height=\"191\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/blog-fda-sm-image-1.jpg\" class=\"attachment-large size-large wp-image-4142\" alt=\"food delivery app\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/blog-fda-sm-image-1.jpg 629w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/blog-fda-sm-image-1-300x91.jpg 300w\" sizes=\"(max-width: 629px) 100vw, 629px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f35ceb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f35ceb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f58d2c4\" data-id=\"f58d2c4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2de0a42 elementor-widget elementor-widget-heading\" data-id=\"2de0a42\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.12.2 - 23-04-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Different types of app monetization and revenue model strategies to make money from apps<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1379a9 elementor-position-right elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"d1379a9\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.12.2 - 23-04-2023 *\/\n.elementor-widget-image-box .elementor-image-box-content{width:100%}@media (min-width:768px){.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper,.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{display:flex}.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{text-align:right;flex-direction:row-reverse}.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper{text-align:left;flex-direction:row}.elementor-widget-image-box.elementor-position-top .elementor-image-box-img{margin:auto}.elementor-widget-image-box.elementor-vertical-align-top .elementor-image-box-wrapper{align-items:flex-start}.elementor-widget-image-box.elementor-vertical-align-middle .elementor-image-box-wrapper{align-items:center}.elementor-widget-image-box.elementor-vertical-align-bottom .elementor-image-box-wrapper{align-items:flex-end}}@media (max-width:767px){.elementor-widget-image-box .elementor-image-box-img{margin-left:auto!important;margin-right:auto!important;margin-bottom:15px}}.elementor-widget-image-box .elementor-image-box-img{display:inline-block}.elementor-widget-image-box .elementor-image-box-title a{color:inherit}.elementor-widget-image-box .elementor-image-box-wrapper{text-align:center}.elementor-widget-image-box .elementor-image-box-description{margin:0}<\/style><div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"132\" height=\"260\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/red-autumn-leaf-old-wooden-bridge-27728262-1.jpg\" class=\"attachment-full size-full wp-image-4073\" alt=\"paid apps\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Paid Apps<\/h3><p class=\"elementor-image-box-description\">This is the oldest app monetization method. The app publisher charges the user a one-time fee to download the app from the Appstore. Apps such as Minecraft (gaming) and Touch Retouch (photo editing) are good examples of paid apps. However, this app monetization method is dying as fewer and fewer users are willing to make upfront payments. \nThe trend shows even for premium apps, users would like to first try the app for free. If not, at least some segments of the app for free, before making any payments. This is the reason why even paid apps are now forced to have a free version available in Appstore.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10eed23 elementor-widget elementor-widget-text-editor\" data-id=\"10eed23\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If your app is highly specialized and extremely unique, this app strategy works best. Also, equally important is building a dedicated fanbase of niche customers. Minecraft a 3D world-building gaming app has adopted this app monetization strategy since its launch in 2009. Its revenue was a staggering $ 415 mn last year alone. They can sustain this because their revenue model is centered around the fact that it is an extremely unique game. A game that is serving a very niche customer segment. One that is willing to pay in return for the app\u2019s value.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-827ea98 elementor-widget elementor-widget-text-editor\" data-id=\"827ea98\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-231cefe elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"231cefe\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"http:\/\/localhost\/mobileapp\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery apps and e-commerce apps both require a large customer base to fully utilize their delivery framework. Also, they aren\u2019t unique hence, this revenue model will not work for you.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">A service booking app could be a paid app, depending upon the type of service it is providing. If the service is highly unique\/exclusive and in-demand with no competition. Then this revenue model could work for you.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b275262 elementor-widget elementor-widget-text-editor\" data-id=\"b275262\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><strong>Did you know \u2013 it took only<\/strong><\/em> <em><strong>6 days to create the first version of Minecraft <\/strong><\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1efbe28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1efbe28\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e2ce38e\" data-id=\"e2ce38e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de05af2 elementor-widget elementor-widget-text-editor\" data-id=\"de05af2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In-App advertising<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff57391 elementor-widget elementor-widget-image\" data-id=\"ff57391\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"678\" height=\"381\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/Mobile-Ads-1.jpg\" class=\"attachment-large size-large wp-image-4086\" alt=\"in app advertising\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/Mobile-Ads-1.jpg 678w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/04\/Mobile-Ads-1-300x169.jpg 300w\" sizes=\"(max-width: 678px) 100vw, 678px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdeeebb elementor-widget elementor-widget-text-editor\" data-id=\"fdeeebb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tThis is a very popular app monetization method. In this method, the application remains free to download and use for the consumer. The app publishers make money based on the advertisements displayed within the application. The level of engagement the user has with the advertisements within the app dictates the money the app makes. \u00a0This app revenue model strategy is used quite often and found to be profitable.\n\nIn-app advertising has several formats such as interstitial ads, Banner ads, Video ads, and so on. The key here is to design your app in such a manner that it rewards the user for watching or engaging with the ad. This increases user engagement which in turn increases the revenue per ad.\n\nToday, SDKs, API, and algorithms determine which user gets to see which ad. A detailed view of how this works is present on this website\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ff8c31 elementor-widget elementor-widget-text-editor\" data-id=\"8ff8c31\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00a116e elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"00a116e\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery apps, e-commerce apps, as well as service booking apps all, have the potential to showcase in-app advertising. A food delivery app could promote a particular restaurant from its list of outlets. Whereas an e-commerce app could promote various products.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Since the target segment users for these apps are the same. Apps can also inter-promote each other through in-app advertising thereby earning revenue as well as increasing customer base.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d2c3768 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d2c3768\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8d27bb6\" data-id=\"8d27bb6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c35766 elementor-widget elementor-widget-text-editor\" data-id=\"6c35766\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In-App purchases \/ freemium model<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d944ca7 elementor-widget elementor-widget-image\" data-id=\"d944ca7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"582\" height=\"332\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/freemium-1.jpg\" class=\"attachment-large size-large wp-image-4103\" alt=\"In App purchases\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/freemium-1.jpg 582w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/freemium-1-300x171.jpg 300w\" sizes=\"(max-width: 582px) 100vw, 582px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4987a0 elementor-widget elementor-widget-text-editor\" data-id=\"b4987a0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This is by far the most popular and foremost app monetization strategy.<\/p><p>If you believe that ads would ruin the app experience and are looking at an alternative way of making money then this is the perfect model.<\/p><p>Freemium is a pricing model that offers users a chance to experience your mobile app for free. However, certain features are withheld for paying customers. This way, the application remains free to use. The user can then choose to either continue using the app for free or spend money to access premium content.<\/p><p>There are several formats in which freemium apps can lure users into spending money. Gaming applications like Clash of Clans and Pok\u00e9mon Go have used the Freemium strategy to great effect. These games provide the users with a variety of virtual elements. These elements are brought with virtual money eg &#8211; extra lives, blocking ads, premium players, lower wait time, and more.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06741e1 elementor-widget elementor-widget-text-editor\" data-id=\"06741e1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<em><strong>Did you know \u2013 Clash of Clans earns nearly USD 1M per day thru the sale of virtual elements?<\/strong><\/em>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c570e8 elementor-widget elementor-widget-text-editor\" data-id=\"2c570e8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbd2b68 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"dbd2b68\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery apps such as Zomato and Swiggy are already using this strategy through Zomato Pro and Swiggy one upgrades. A user can upgrade himself by paying a certain fee<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">E-commerce giants Amazon and Flipkart also have Amazon Prime and Flipkart Plus. A premium service into which users can pay a fee to upgrade themselves.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Service Booking apps such as Urban Company also have a membership program. The user can choose to upgrade for a nominal fee.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f94efd9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f94efd9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f684fe8\" data-id=\"f684fe8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70f132f elementor-widget elementor-widget-text-editor\" data-id=\"70f132f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Commission model<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9964a2 elementor-widget elementor-widget-text-editor\" data-id=\"d9964a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This app monetization model is very straightforward. However, it is specific and therefore applicable only to a certain type of application. This model is most popular among Apps such as Food delivery apps, Gambling apps, E-commerce apps &amp; Payment apps.<\/p><p>Here again, the app remains free to be downloaded and used by the consumer. The app owner\/publisher makes money by charging a fixed commission in the way of a fixed amount or percentage. This commission is usually paid either by the user or by the service provider\/vendor or in some cases by both. Your commissions are made on each order placed or payment made using your app.<\/p><p>Merchandise selling apps such as Amazon and Digital payment apps such as Paytm charge commission from vendors. Gambling apps such as Dream 11 charges commission from the users. Amazon even takes care of the payments and delivery of items.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb1bcf8 elementor-widget elementor-widget-text-editor\" data-id=\"cb1bcf8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f399e1 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"7f399e1\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">This is a great way to make money for a Food delivery app since it can assign or negotiate different commissions with different restaurants depending on the popularity and proximity of the outlets.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">An E-commerce app would also have different commission slots. This will depend upon the sales revenue achieved by each of its vendors in its marketplace.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Service booking apps can also charge a pre-decided commission from the service providers<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f76bc5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f76bc5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1845aed\" data-id=\"1845aed\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-738ed2c elementor-widget elementor-widget-text-editor\" data-id=\"738ed2c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Commission model<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2279689 elementor-widget elementor-widget-text-editor\" data-id=\"2279689\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Another app revenue model which has gained popularity in recent years is the Subscription model.\u00a0<\/p><p>In this model, the app is free to download. The users have to pay a weekly, monthly, or annual fee to access the contents of the app. It could be a particular service eg- headspace or video content eg &#8211; Netflix. If you are a content-based platform then this type of app monetization model is best suited for you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1e37f4 elementor-widget elementor-widget-image\" data-id=\"f1e37f4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"526\" height=\"178\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/commission-1.jpg\" class=\"attachment-large size-large wp-image-4107\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/commission-1.jpg 526w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/commission-1-300x102.jpg 300w\" sizes=\"(max-width: 526px) 100vw, 526px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d0e95d elementor-widget elementor-widget-text-editor\" data-id=\"3d0e95d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This is one of the most sought-after app monetization models since it ensures customer retention. \u00a0In 2016, Apple introduced a change by rewarding apps with subscription models over others. They offered developers an 85:15 revenue split, as opposed to the usual 70:30 split. Subscription-based apps tend to see higher revenue per user than apps with other business models.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78e7e16 elementor-widget elementor-widget-text-editor\" data-id=\"78e7e16\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<em><strong>Did you know \u2013 Global subscription app revenue from the top 100 subscription apps climbed 34% over the past year.<\/strong><\/em>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b09dfbe elementor-widget elementor-widget-text-editor\" data-id=\"b09dfbe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Content streaming services like Netflix, Hotstar, YouTube, Spotify are the best examples of subscription-based revenue models. \u00a0A lot of these apps use a combination of Freemium and subscription-based monetization models.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f7b252 elementor-widget elementor-widget-text-editor\" data-id=\"5f7b252\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2550339 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"2550339\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery apps, e-commerce apps can use the subscription model to provide premium services to their users. Users who are willing to subscribe to a monthly plan could get faster delivery times, special discounts, and free merchandise.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Service booking apps have an option of providing recurring services in return for a subscription amount from the consumer. Clubb. fit, Finnerty, and Cult. fit all charge an annual fee to users. The users then have access to all their fitness programs, live sessions, and pre-recorded videos<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-09c574d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"09c574d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c4a85ca\" data-id=\"c4a85ca\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-518a653 elementor-widget elementor-widget-text-editor\" data-id=\"518a653\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Sponsorship and Affiliate marketing<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e504fce elementor-widget elementor-widget-text-editor\" data-id=\"e504fce\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If incorporated at the planning and design stage of the app, then Sponsorship and affiliate marketing could be an extremely powerful app revenue model.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-658b4ce elementor-position-right elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"658b4ce\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"241\" height=\"179\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/sponsor-1.jpg\" class=\"attachment-full size-full wp-image-4112\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">1.\tSponsorship<\/h3><p class=\"elementor-image-box-description\">Finding the right sponsor is key. In this model, an app publisher would consider a main sponsor with a target audience that is similar to the one addressed by his\/her app. The app would give out all advertising rights in its app to this sponsor company\/business. Once you have the right sponsor in place. You can negotiate a sponsorship fee or a revenue-sharing model. This would be your revenue generator, for the sponsor. He will benefit from the marketing campaign that you will run for your app to drive adoption.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c417321 elementor-position-right elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"c417321\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">2.\tAffiliate Marketing <\/h3><p class=\"elementor-image-box-description\">This is another alteration of the sponsorship model. However, in place of granting advertising rights solely to one organization. You negotiate with a few interested parties and place their reference links in your application. You can earn a pre-decided amount for every time someone clicks the link, this is called Cost per Click (CPC). This is a decent method to increase your income. In case you are not able to find the right-fit sponsor for your app.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b239a9 elementor-widget elementor-widget-image\" data-id=\"7b239a9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"582\" height=\"272\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/affiliate-marketing-1.jpg\" class=\"attachment-large size-large wp-image-4113\" alt=\"affiliate marketing process\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/affiliate-marketing-1.jpg 582w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/affiliate-marketing-1-300x140.jpg 300w\" sizes=\"(max-width: 582px) 100vw, 582px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-541a470 elementor-widget elementor-widget-text-editor\" data-id=\"541a470\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e66ca4 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"4e66ca4\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food Delivery apps that have a niche audience eg \u2013 Jain food could look for affiliate marketing tie-ups. They need to find businesses that have similar target audiences.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">E-commerce sites that cater to a particular line of products eg \u2013 Nykaa. They could also look for sponsorships and affiliate marketing opportunities.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Service booking apps can also look for affiliate marketing with different service providers and vendors. One's that target a part of the app\u2019s overall userbase. Start-ups looking for their initial customers could use your app\u2019s existing database as leverage.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b475460 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b475460\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-56b7041\" data-id=\"56b7041\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-afe60c9 elementor-widget elementor-widget-text-editor\" data-id=\"afe60c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Crowd-funding<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90f618d elementor-widget elementor-widget-text-editor\" data-id=\"90f618d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This is not an app monetization strategy as it is an app-building strategy. In this model, an app publisher\/ owner shares the idea for an app or publishes an MVP (Minimum Viable Product). He then releases it on certain crowdfunding platforms such as KickStarter, Patreon, CrowdFunder, Crowd Supply, Indiegogo, and Appfunder to raise funds or seek donations. The members of this app then review your idea \/ MVP. Based on how much they like the app donate a certain amount. The app publisher\/owner could specify a certain target amount that he\/she is seeking. This amount could be used to fund the development and promotion of the application). Once the donation reaches the specified amount the app publisher can now build the app for free.<\/p><p>Non-gaming mobile apps are highly preferable in crowdfunding. As of May 2017, there were approximately 138 non-gaming apps that were known to raised funds between $10,000-$100,000.<\/p><p>A good example of this revenue model is the Hello Earth game which earned USD 148k via crowd-funding.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4ad302 elementor-widget elementor-widget-image\" data-id=\"c4ad302\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"350\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/crowd-funding-1.jpg\" class=\"attachment-large size-large wp-image-4118\" alt=\"crowd funding\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/crowd-funding-1.jpg 602w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/crowd-funding-1-300x174.jpg 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ea44d3 elementor-widget elementor-widget-text-editor\" data-id=\"6ea44d3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<em><strong>Did you know \u2013 Global growth of the crowdfunding market is expected to maintain a CAGR of 16%<\/strong><\/em>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7099e29 elementor-widget elementor-widget-text-editor\" data-id=\"7099e29\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-deb5aa7 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"deb5aa7\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery, e-commerce, and service booking apps can all consider crowd-funding as a revenue model. It provides early involvement with users and could also serve as a marketing strategy. In India however, crowdfunding is still in its nascent stages. If you are an app publisher\/owner you could be hard-pressed to find donations for generic apps.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b95583 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b95583\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a40ec45\" data-id=\"a40ec45\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d8c24c0 elementor-widget elementor-widget-text-editor\" data-id=\"d8c24c0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Selling user Data<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eca1f52 elementor-widget elementor-widget-text-editor\" data-id=\"eca1f52\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Every application in your mobile phone collects data. User data could be something as simple as personal details and contact lists to something more complex like behavioral patterns and tendencies. All of this data is valuable information especially if your app has many users.<\/p><p>Selling User data could be considered as one of the means for revenue from your app. Research organizations\/ Insurance companies\/Marketing agencies across the globe are always looking to study and analyze consumer behavior. With the data bought or collected, these organizations seek to have access to various information of their customers. They can track their buying behavior, interests, demographics, and more.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31ffa80 elementor-widget elementor-widget-image\" data-id=\"31ffa80\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"372\" height=\"308\" src=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/data-1.jpg\" class=\"attachment-large size-large wp-image-4125\" alt=\"seller user data\" loading=\"lazy\" srcset=\"https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/data-1.jpg 372w, https:\/\/mobileapp.sankalpcs.com\/blog\/wp-content\/uploads\/2022\/05\/data-1-300x248.jpg 300w\" sizes=\"(max-width: 372px) 100vw, 372px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f95e5a elementor-widget elementor-widget-text-editor\" data-id=\"8f95e5a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>One can practice data monetization using your apps in two ways<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd79f0a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"fd79f0a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Direct monetization - You allow direct access to your data. You provide raw data or interpreted data to third parties.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Indirect monetization \u2013 You use your data to improve your own business\/ app. One can use the data to check if a particular ad campaign is working or not. What products are selling more than others, thereby saving you time and money?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0c424d elementor-widget elementor-widget-text-editor\" data-id=\"d0c424d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>In our example \u2013<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2db992e elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"2db992e\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Food delivery, e-commerce, and service booking apps all can be considered selling user data as one of the revenue models. <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8cd36ca elementor-widget elementor-widget-text-editor\" data-id=\"8cd36ca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<em><strong>Did you know \u2013 &#8211; Every human created about 1.7 MB of data per second in 2020<\/strong><\/em>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecae360 elementor-widget elementor-widget-text-editor\" data-id=\"ecae360\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>So, there you are. Those were some of the most common app monetization and revenue models that are currently prevalent in the market. These models are used by millions of existing apps to make money.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb6e4c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eb6e4c8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-23493f2\" data-id=\"23493f2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-177d9db elementor-widget elementor-widget-text-editor\" data-id=\"177d9db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tThings to keep in mind.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af0e233 elementor-widget elementor-widget-text-editor\" data-id=\"af0e233\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Knowing the various app monetization strategy is one thing, picking the right strategy for your app is a different thing. Here are a few things to keep in mind before finalizing your revenue model.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c6bf30 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"5c6bf30\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Combination \u2013 An app could have multiple revenue models working simultaneously. It can combine different strategies to achieve maximum benefit. Eg \u2013 A Food delivery app could earn its primary income from commissions but also have a subscription model for customers.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">We advise a test run with a smaller set of users, Before deciding on a particular app monetization strategy. This will not only test your strategy but also act as a marketing head start. Eg \u2013 Zomato offered its \u201cZomato Pro\u201d membership on a trial basis before launching it<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Tie-ups go a long way in gaining customer trust as well as revenue generation. Spend time and effort to find the right tie-ups. Mutual growth will have both parties invested, thereby increasing your chances of success. Eg \u2013 Myntra and Flipkart have certain tie-ups which are exclusive to them, this ensures cross-platform leverage.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">In Crowdfunding funders will expect a reward in return for their contribution. You could provide early access to your app or exclusive access to a premium feature as this reward<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Apart from the above there are other revenue streams that your app could earn money. Delivery charges, convenience charges, Service-based pricing, etc. to name a few<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-hand-point-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">User data collection needs user consent. Please ensure your app takes all the necessary consents from the user before considering this revenue model.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f585bd elementor-widget elementor-widget-text-editor\" data-id=\"2f585bd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tAs mentioned earlier, the key elements of choosing which strategy works best depending on your application purpose and target audience.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3dd5d47 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3dd5d47\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42ebe95\" data-id=\"42ebe95\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-799a9a0 elementor-widget elementor-widget-text-editor\" data-id=\"799a9a0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tConclusion\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76fc629 elementor-widget elementor-widget-text-editor\" data-id=\"76fc629\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In conclusion, no matter what strategy you choose, ultimately money-making will depend on how engaging and value-driven your app is. An engaging app like WhatsApp doesn\u2019t follow any of the above-mentioned strategies \u2013 yet it makes money. So, the focus should be to develop an engaging app and keep working on it improving it.<\/p><p>This is an evolving marketplace where innovations happen frequently. New revenue model strategies are always encouraged and experimented with. So, while you can use the above points as a guide to understanding which revenue model or app monetization strategy suits best for your app, don\u2019t restrict yourself, find your niche.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"wp-socializer wpsr-share-icons\" data-lg-action=\"show\" data-sm-action=\"show\" data-sm-width=\"768\"><h3>Share and Enjoy !<\/h3><div class=\"wpsr-si-inner\"><div class=\"wpsr-counter wpsrc-sz-40px\" style=\"color:#000\"><span class=\"scount\" data-wpsrs=\"\" data-wpsrs-svcs=\"facebook,twitter,linkedin\"><i class=\"fa fa-share-alt\" aria-hidden=\"true\"><\/i><\/span><small class=\"stext\">Shares<\/small><\/div><div class=\"socializer sr-popup sr-count-1 sr-fluid sr-40px sr-opacity sr-pad\"><span class=\"sr-facebook\"><a data-id=\"facebook\" style=\"color:#ffffff;\" rel=\"nofollow\" href=\"https:\/\/www.facebook.com\/share.php?u=\" target=\"_blank\" title=\"Share this on Facebook\"><i class=\"fab fa-facebook-f\"><\/i><span class=\"ctext\" data-wpsrs=\"\" data-wpsrs-svcs=\"facebook\"><\/span><\/a><\/span>\n<span class=\"sr-twitter\"><a data-id=\"twitter\" style=\"color:#ffffff;\" rel=\"nofollow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=%20-%20%20\" target=\"_blank\" title=\"Tweet this !\"><i class=\"fab fa-twitter\"><\/i><\/a><\/span>\n<span class=\"sr-linkedin\"><a data-id=\"linkedin\" style=\"color:#ffffff;\" rel=\"nofollow\" href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=\" target=\"_blank\" title=\"Add this to LinkedIn\"><i class=\"fab fa-linkedin-in\"><\/i><\/a><\/span>\n<span class=\"sr-share-menu\"><a href=\"#\" target=\"_blank\" title=\"More share links\" style=\"color:#ffffff;\" data-metadata=\"{&quot;url&quot;:&quot;&quot;,&quot;title&quot;:&quot;&quot;,&quot;excerpt&quot;:&quot;&quot;,&quot;image&quot;:&quot;&quot;,&quot;short-url&quot;:&quot;&quot;,&quot;rss-url&quot;:&quot;https:\\\/\\\/mobileapp.sankalpcs.com\\\/blog\\\/feed\\\/&quot;,&quot;comments-section&quot;:&quot;comments&quot;,&quot;raw-url&quot;:null,&quot;twitter-username&quot;:&quot;&quot;,&quot;fb-app-id&quot;:&quot;&quot;,&quot;fb-app-secret&quot;:&quot;&quot;}\"><i class=\"fa fa-plus\"><\/i><\/a><\/span><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>The mobile app industry has seen a huge surge in the last couple of years. Apple Appstore and Google&#8217;s Playstore receive more than 10 lac app submissions every month. Businesses worldwide have recognized the power that mobile apps provide. You could be a service provider based in India or a manufacturer in China, a software [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,11,14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>How To Make Money Online with Your App? - Mobile app<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/mobileapp.sankalpcs.com\/blog\/2022\/05\/05\/how-to-make-money-online-with-your-app\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"How To Make Money Online with Your App? - Mobile app\" \/>\r\n<meta property=\"og:description\" content=\"The mobile app industry has seen a huge surge in the last couple of years. 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