Tumgik
#app monetization strategies
cybtekk · 8 months
Text
Tumblr media
With the help of professional app monetization techniques from a app development company, you may unlock revenue possibilities. Profit maximization done smoothly. Boost the app's revenue success right now!
0 notes
mediawrkz · 1 year
Text
App Monetization Strategies: 5 Ways to Effectively Monetize Your Mobile App
Tumblr media
With any monetization strategy, it’s important to consider how it might affect not just your app’s growth potential but also engagement from users. Some mobile app monetization strategies may be more effective than others in terms of generating revenue. It’s important to find a balance that works for you and your app so that you can continue growing while still providing a good experience for users.
Depending on the type, characteristics of the mobile app, and the persona of the target audience the app developer or owner can choose the right mobile app monetization model.
Here we are discussing the 5 proven mobile app monetization strategies that can help you to increase your ad revenue by up to 200%.
1. In App Advertising
If you aren’t including ads in your app, you might be missing out on a phenomenal opportunity for monetization.
Digital advertising through mobile apps has improved the communication between advertisers and consumers dramatically. This is largely due to the crazy amount of time people spend on their phones. We’re talking at least 90 minutes a day — the equivalent of 23 days a year.
And a lot of the time, people simply don’t want to pay for the apps they spend all that time on. The temptation to download an app that costs $.99 drops away as soon as they see a cheaper (or free) alternative.
2. Sponsors and Partnerships
If you can secure a partnership with another brand, you can significantly step up your monetization game.
What you’ll need to do is find a partner with a similar customer base who can add something to the experience of your users.
A partner or a network of partners can seriously benefit your customers and your businesses alike, especially if you create an integrated experience — like when Localytics and Optimizely partnered to deliver mobile analytics as a combined service.
Imagine users on another app who see your brand logo, and maybe even an interactive element typically found in your app appearing as part of the app they’re currently using. That could potentially convince them to go download your app.
And if your partner includes advertisements featuring your apps, there’s a solid chance their users might click that ad to go straight to your app. This is called a click-through rate (CTR), and in some instances, it can be as high as 12.5 percent.
So, once you’ve opened yourself up to the idea of hosting and sharing advertisements, definitely consider forming partnerships to strengthen your brand outreach.
3. In-App Purchases
Most app downloads are unpaid, but that definitely does not mean the users never have the opportunity to spend any money within the app. App purchases are the solution.
In-app purchases help you make as much money as possible off of your otherwise free app and allow customers to actually interact directly with your product.
This is a huge part of so-called “freemium” apps (typically mobile games) where users pay no upfront cost but pay for gated features, but any business can make use of this strategy.
Your business can choose to provide users with the opportunity to purchase your products directly from the app (in the case of physical items) and have them shipped. Or, if you’re a business that offers services, users can even opt for in-app billing.
The downside of in-app purchases is that developers walk a fine line between giving too many options for free and offering too few features. So, be mindful of that if you choose this monetization method.
4. Free/Premium Versions
As mentioned before, “freemium” apps cost nothing to download, but they typically include in-app purchases that make money for the developer.
But there’s another method of generating revenue — creating an entirely separate version of your app with features that add up to a more complete experience.
Having a free/cheaper version allows users to get a sense of what your app can do for them.
Think of it like a teaser. Soon, after using the free version of your app, your customers will realize that the app can serve an important role in their lives that they simply don’t want to live without.
Then, if they enjoy what your app offers and want a better experience, they might be willing to pay for the premium version.
5. SMS Marketing
By using in-app prompts similar to the ones used for collecting email addresses, you can send notices for app updates, reminders, contests, and promotions straight to your users’ text message inboxes. This marketing method is one of the more effective ways to strengthen your brand because it drives users back to your app.
Conclusion
By this point, you’re well aware of how awesome a mobile app can be for your bottom line. It can allow you to expand your brand and make connections with customers you might never have reached before. And as you’ve seen in this post, it can also be a considerable source of revenue.
All app developers need to find the best app monetization strategies for success. The right app monetization models for me and my app might not be the best app monetization methods for you and your app.
You can read in details here: https://mediawrkz.com/
0 notes
way-to-monetization · 5 months
Text
Tumblr media
Magicbid SDK comes with over 200 ad demand sources and zero response time. It improves efficiency and streamlines the process. Monetizing a mobile application involves the implementation of various strategies that generate revenue for the users. Let us understand various approaches through which app developers can make money with the help of mobile applications. 
2 notes · View notes
marketingprofitmedia · 7 months
Text
Smart Ways to Make Money: Profitable Passive Income Ideas to Secure Your Future
Smart passive income ideas can secure your financial future and provide steady earnings. Explore profitable ventures like rental properties, dividend stocks, and online businesses.
Securing a prosperous future requires savvy income strategies that work for you around the clock. Passive income streams offer a way to earn money without the need to actively work all the time. These strategies include investing in real estate for long-term rental profits, engaging in the stock market for dividends, or leveraging digital platforms to sell products or create content that generates revenue continuously.
Tumblr media
My Best Recommended & Proven Way to Make $100 Daily — Watch THIS Video FREE Training to START >>
Passive Income Essentials
Securing your financial future doesn’t have to mean working endless hours. Smart passive income strategies can unlock a world where earnings grow even as you sleep. There’s a wealth of options out there — each with its unique strengths. To navigate this domain, understanding the basics and choosing the right streams is vital.
Demystifying Passive Income
Passive income often seems shrouded in mystery. Many people wonder if it’s a practical goal. In essence, it’s earning money from investments or work you’ve done once. This could mean rental income, dividends, or sales from an e-book. Distinct from active income, it requires less time to manage daily.
Purchase and rent out property
Invest in dividend-paying stocks
Create digital products for sale
It’s about smart choices now for long-term benefits. For the ideal start, assess the potential risks and returns of each option.
Financial Stability Through Passive Streams
Passive income is more than just extra cash. It’s a step toward lasting financial safety. The goal is to create multiple income sources that can support your lifestyle, even if you stop working. Diversification is key — spreading your investments across different areas reduces the risk.
Type of Passive Income Benefits Real Estate Steady income and property value growth Stocks with Dividends Regular income plus potential stock value increase Creating an Online Course Earn with each new student enrollment
Review these options to align with your life goals and economic situation. Start building that foundation for a more secure and sustained income stream today. Remember, the path to financial freedom involves planning and the savvy generation of earnings on the side. Get started, and watch your financial health flourish over time.
Diving Into The Stock Market
Exploring the stock market opens up a world of possibilities for passive income. It’s a tried-and-true approach that savvy investors leverage for long-term financial gains. You don’t need to be a Wall Street expert to get started. With the right strategy, anyone can tap into this lucrative avenue.
Dividend-yielding Stocks
Dividend-yielding stocks stand out as a solid option for passive income. They pay out a portion of profits to shareholders regularly. This means you earn money simply for owning the stock. Consider these key points:
Choose companies with a history of stable dividends.
Look for those with potential for dividend growth.
Reinvest dividends to compound your earnings.
Index Funds & Etf Portfolios
Index funds and ETFs offer a more hands-off investment approach. They track specific market indices and spread your investment across numerous stocks. This leads to a balanced and diversified portfolio. Here’s why they’re advantageous:
Lower fees: Expense ratios are typically minimal with index funds and ETFs.
Automatic diversification: Instant exposure to a variety of assets helps mitigate risk.
Simplicity: They’re easy to purchase, making them ideal for first-time investors.
Comparison of Dividend Stocks vs. Index Funds & ETFs Investment Type Income Potential Risk Level Dividend Stocks High Moderate to High Index Funds & ETFs Varies Low to Moderate
My Best Recommended & Proven Way to Make $100 Daily — Watch THIS Video FREE Training to START >>
Real Estate For Residual Income
Earning while you sleep sounds ideal, and real estate often fits this dream. With strategic investments, you can build a robust stream of passive income. Real Estate remains top-tier for growing wealth. Let’s dive into real estate strategies that can secure a more prosperous future.
Rental Properties Revenue
Rental properties can turn a tidy profit monthly. Location is everything, so choose areas with growth potential. Starting can be more hands-on, but many opt for management services to handle day-to-day tasks. Here’s why rentals rock:
Steady Cash Flow: Monthly rent payments go straight into your pocket.
Tax Advantages: Deduct property expenses from your income.
Appreciation Over Time: Rentals can increase in value, boosting your net worth.
Your investment in real estate can grow with careful planning. Understanding the market helps ensure success.
Real Estate Investment Trusts (reits)
REITs are powerful for portfolio diversification. They allow small investors to earn from large real estate ventures without owning the properties themselves. Stock-like ease with real estate rewards! Key REITs facts include:
Pros Cons High Dividend Yields Sensitive to Interest Rates Liquidity Like Stocks Market Fluctuations Diversified Assets Less Control Over Investments
Tumblr media
Credit: printify.com
Online Ventures That Generate Cash
Embarking on online ventures unlocks doors to a world where income flows even as you sleep. The internet is bustling with opportunities to create a stream of passive income. Let’s explore some smart ways to fill your pockets without the constant hustle.
Blogging And Affiliate Marketing
Blogging is not just a platform for sharing ideas. It’s a robust money-making tool. A successful blog captures the attention of thousands, opening avenues for monetization. Adding affiliate marketing turns your content into a cash magnet. Here’s how to start:
Select a niche that you love and know well
Launch a blog with a user-friendly CMS like WordPress
Regularly post high-quality content
Apply SEO strategies to increase visibility
Join affiliate programs related to your niche
Recommend products through your posts
Remember, consistency is key. Regular updates paired with SEO will drive traffic. Higher traffic leads to more earnings through affiliate links.
Creating And Selling Digital Products
Digital products offer a limitless income potential. They’re convenient to create, distribute, and sell globally. Popular digital products include:
Type of Product Examples Platforms to Sell eBooks Guides, Novels, How-tos Amazon Kindle, Your Website Online Courses Video Tutorials, Lectures Udemy, Teachable Stock Photography Photos, Graphics Shutterstock, Adobe Stock
To succeed, identify your audience’s needs. Create valuable content. Market through social media and email lists. An initial effort can translate into regular sales without any added work.
My Best Recommended & Proven Way to Make $100 Daily — Watch THIS Video FREE Training to START >>
Turn Hobbies Into Income Channels
Imagine your favorite hobby making cash while you sleep. Turn hobbies into income channels and see the magic happen. Your passion can unlock a stream of income. Transform leisure activities into lucrative ventures. Dig deep into hobbies and spot money-making potentials. Read on for smart ways to monetize your interests!
Monetizing Creative Skills
Got a knack for creativity? Harness this power for passive income. Here’s how:
Create digital products: E-books, courses, art pieces, and music tracks.
Print-on-demand services: Sell custom designs on tees, mugs, and more.
Stock photography: Click and sell images to stock photo websites.
Remember, quality content stands out. Polish your skills consistently. Keep your digital presence strong. Engage with online communities. These steps help sell more.
Leveraging Peer-to-peer Platforms
Peer-to-peer platforms are goldmines for passive income. Here’s a quick look at options:
Platform Activity Etsy Sell handmade goods. Airbnb Rent out extra space. Turo List your car for others to use.
Tumblr media
Credit: www.bankrate.com
Frequently Asked Questions
Q. What Is Passive Income?
Passive income involves earning money without active, daily involvement. It’s generated from ventures like rental properties or royalties from creative works. This approach can offer financial security over time through consistent, scalable streams.
Q. Can Blogging Generate Passive Income?
Yes, blogging can generate passive income. Once you create quality content and optimize for SEO, you can earn through affiliate marketing, ads, or selling digital products. Regular updates and marketing strategies help maintain and grow your earnings.
Q. What Are The Best Passive Income Strategies?
The best passive income strategies include investing in dividend stocks, real estate rentals, peer-to-peer lending, creating an online course, and writing an ebook. These require varying levels of initial effort but can provide ongoing income with minimal maintenance.
Q. How Does Affiliate Marketing Provide Passive Income?
Affiliate marketing provides passive income by promoting other people’s products. You earn commissions for sales made through your unique referral links. It’s effective when you have a strong online presence and can persuade your audience to make purchases.
Conclusion
Embracing passive income strategies can transform your financial landscape, securing a brighter future. Diverse options, from real estate investments to digital products, offer paths to sustainable earnings with minimal ongoing effort. Start small, scale sensibly, and watch your wealth grow.
Your financial freedom might just be a well-chosen venture away. Dive in and let your money work for you.
My Best Recommended & Proven Way to Make $100 Daily — Watch THIS Video FREE Training to START >>
Thanks for reading my article on Smart Ways to Make Money: Profitable Passive Income Ideas to Secure Your Future
Affiliate Disclaimer :
This article Contain may be affiliate links, which means I receive a small commission at NO ADDITIONAL cost to you if you decide to purchase something. While we receive affiliate compensation for reviews / promotions on this article, we always offer honest opinions, users experiences and real views related to the product or service itself. Our goal is to help readers make the best purchasing decisions, however, the testimonies and opinions expressed are ours only. As always you should do your own thoughts to verify any claims, results and stats before making any kind of purchase. Clicking links or purchasing products recommended in this article may generate income for this product from affiliate commissions and you should assume we are compensated for any purchases you make. We review products and services you might find interesting. If you purchase them, we might get a share of the commission from the sale from our partners. This does not drive our decision as to whether or not a product is featured or recommended.
Source : Smart Ways to Make Money: Profitable Passive Income Ideas to Secure Your Future
0 notes
enixostudio · 7 months
Text
Navigating Teen Patti Game Development: A Beginner's Guide
In the bustling world of mobile gaming, Teen Patti holds a special place, especially among players in India and South Asia. This card game, often referred to as Indian Poker, combines skill, luck, and social interaction, making it a favorite pastime for millions. With the surge in online gaming, developing a Teen Patti game can be a lucrative venture. However, navigating the path of game development, especially for beginners, can be daunting. Here’s a simplified guide to help you through the process, with a special mention of Enixo Studio towards the end, a team that can help turn your vision into reality.
Understanding Teen Patti
Before diving into development, it's crucial to understand the game itself. Teen Patti is typically played by 3 to 6 players with a 52-card pack without jokers. The game starts with a fixed bet amount, and the goal is to have the best three-card hand and maximize the pot before the game ends. Understanding these basic rules and the variations that exist is the first step in creating an engaging Teen Patti game.
Research and Planning
Research the market to identify what existing Teen Patti games offer and what players expect. Look into the features that make these games appealing and areas where they lack. This initial research will help in planning your game, including deciding on unique features, game mechanics, and social elements you want to include to stand out in the crowded market.
Design and User Experience (UX)
Design is not just about how the game looks but also how it feels to the players. A good Teen Patti game should have an intuitive interface, easy navigation, and engaging graphics that replicate the excitement of a real-life game. The UX should be smooth, ensuring players of all ages can understand how to play the game without a steep learning curve.
Development Tools and Technology
Choosing the right tools and technology is critical for developing a robust Teen Patti game. There are several game development engines, like Unity or Unreal Engine, that offer the flexibility and power needed for such a game. Additionally, deciding whether the game will be developed for iOS, Android, or both platforms will impact your choice of technology and development strategy.
Implement Social Features
Teen Patti is inherently a social game. Incorporating features that allow players to interact, such as in-game chat, friend lists, and the ability to play with friends or join public tables, can significantly enhance the appeal of your game. These features encourage community building and can increase player retention.
Focus on Fair Play and Security
Ensuring fair play through a reliable Random Number Generator (RNG) system is non-negotiable. This fosters trust among players. Equally important is the security of the game, protecting users' data and transactions. Implementing high-level encryption and secure payment gateways is essential for maintaining the integrity of the game.
Testing and Feedback
Before launching, thorough testing of the game is crucial to identify and fix any bugs or UX issues. Beta testing with a select group of players can provide valuable feedback on the game's appeal and areas for improvement. This step is vital to ensure a smooth and enjoyable experience for all players upon launch.
Marketing and Launch
A well-planned marketing strategy can make a significant difference in the game's success. Utilizing social media, influencer partnerships, and targeted advertising can help create buzz around the game. Upon launch, continuous engagement with the community and regular updates based on player feedback can keep the game fresh and interesting.
Partnering with Enixo Studio
Embarking on the Teen Patti game development journey is an exciting but challenging process. Partnering with a seasoned game development studio like Enixo Studio can help ease the burden. With expertise in mobile game development, including casino and card games, Enixo Studio offers end-to-end services from conceptualization and design to development, testing, and launch. Their experienced team can provide the guidance and technical support needed to create a Teen Patti game that stands out in the competitive market.
Navigating the complexities of Teen Patti game development requires a thorough understanding of the game, a clear plan, attention to design and user experience, and a focus on social and security features. With the right approach and a partner like Enixo Studio, you can create a Teen Patti game that captivates and entertains players for years to come.
1 note · View note
fastlane-freedom · 10 months
Text
Unveiling Profit Paradox: Freemium Model of Global Business Success
In the dynamic landscape of the business world, the conventional wisdom dictates that profit is generated through the exchange of goods or services for monetary compensation. However, a fascinating paradox has emerged in recent years – businesses providing free services to users while still reaping substantial annual profits. This freemium model challenges traditional business model and raises…
Tumblr media
View On WordPress
1 note · View note
zarahayatt · 1 year
Text
11 Effective Mobile App Monetization Strategies for 2023
Do you want to generate high revenue with your mobile app? Read our complete blog for most effective strategies for app monetization in 2023.
Best app monetization strategies
0 notes
ebizneeds · 2 years
Link
0 notes
tyrads1 · 2 years
Text
Understand the Basic Concepts of App Monetization
Finding the best monetization strategy that is best suited for your mobile app and eventually, your end goal can be very complicated. So, check out this infographic to know about the basic concepts of app monetization. Read the full article here - https://bit.ly/3Ua2hru
Tumblr media
0 notes
mediawrkz · 1 year
Text
Tumblr media
Explore the most effective app monetization strategies in our comprehensive blog post. Learn how to maximize revenue and user engagement with expert insights and tips. Whether you're a seasoned app developer or just starting, discover the key to sustainable success in the competitive world of mobile apps.
0 notes
wilwheaton · 1 year
Quote
Twitter Blue has mainly been advertised as a way for the app’s power users to upgrade their experience. But that’s not who’s buying it. According to the most recent figures I’ve seen, around .02% of the site pays for Twitter Blue. And, this week, Mashable reported that half of those users have under 1,000 followers and 17% have less than 100 users. Which means Twitter Blue is actually a service primarily used by people who do not have any real audience or community that they’re active participants in. And this effectively makes Twitter Blue more of an attempt at monetizing access and influence for people who don’t have any and are desperate enough to pay to get it. And now we’re seeing Musk really struggle to manage the subsequent cringe of giving people that access and influence. It reminds me a lot of how the crypto industry works and also how pickup artists operate tbh (I think there’s a lot of overlap between those demographics actually). Once you have all these people paying, they start expecting to be treated like the elites you’ve told them they can magically be for a small fee, and it turns out this gets real embarrassing real fast. For instance, I’ve noticed that at a lot of crypto conventions there is a sort of ever-increasing hierarchy of different exclusive spaces that are only available for bigger and bigger whales. It’s casino logic. And I’d bet a lot of money on there being some pitch deck inside of Twitter HQ outlining how Twitter blue is only the beginning of the monetization strategy with even more ways to pay planned once they get it off the ground.
Managing the cringe - by Ryan Broderick - Garbage Day
627 notes · View notes
noeldeyzel · 3 months
Text
Noel Deyzel and His Rise on TikTok
Tumblr media
Noel Deyzel and His Rise on TikTok
Introduction
Noel Deyzel has become a household name in the fitness community, thanks to his remarkable presence on TikTok. Known for his motivational content, fitness tips, and engaging personality, Noel has inspired millions worldwide. This article delves into his rise on TikTok, exploring how he leveraged the platform to become a fitness icon.
Early Life and Background
Noel Deyzel’s journey began long before he ever heard of TikTok. Born and raised in South Africa, Noel had a passion for sports and fitness from a young age. Initially pursuing a career in business, he soon realized his true calling lay in bodybuilding and fitness coaching. This transition marked the beginning of a new chapter in his life, one that would eventually lead him to TikTok fame.
Discovery of TikTok
In the early days of TikTok, Noel saw an opportunity to reach a broader audience. Unlike other social media platforms, TikTok’s algorithm favored short, engaging videos, making it the perfect medium for his fitness tips and motivational speeches. Noel started by observing popular trends and understanding what type of content resonated with users.
Content Strategy and Growth
Noel’s content is a mix of fitness advice, workout routines, motivational speeches, and personal anecdotes. By participating in trends and challenges, he kept his content relevant and engaging. Collaborations with other TikTok influencers also played a crucial role in his growth. His commitment to posting regularly and maintaining high-quality content helped him build a loyal following.
Engagement with Followers
One of Noel’s strengths is his genuine interaction with his followers. He responds to comments, engages in duets, and often addresses fan questions in his videos. This level of interaction has fostered a sense of community, making his followers feel valued and appreciated.
Viral Videos and Breakthrough Moments
Noel’s rise to fame includes several key viral moments. Videos where he shared his personal fitness journey, transformation stories, and motivational messages resonated deeply with viewers. These viral videos significantly boosted his follower count and solidified his position as a fitness influencer.
Fitness Tips and Inspirational Content
Noel’s approach to fitness content is practical and motivational. He offers actionable fitness tips, from workout routines to diet advice, ensuring his followers have the tools they need to succeed. Additionally, his inspirational content, which often includes personal stories of overcoming obstacles, helps motivate his audience to pursue their own fitness goals.
Personal Branding and Merchandise
As his popularity grew, Noel developed a strong personal brand. He launched fitness programs, branded merchandise, and even an app to help his followers stay on track with their fitness journeys. This diversification not only enhanced his brand but also provided additional revenue streams.
Challenges Faced and Overcome
Noel’s journey to TikTok fame wasn’t without challenges. Initially, he struggled with gaining traction and faced criticism from skeptics. However, his resilience and dedication helped him overcome these obstacles. He also had to balance his personal life with the demands of creating content, a challenge many influencers face.
Impact on the Fitness Community
Noel has had a significant impact on the fitness community. His no-nonsense advice and motivational content have inspired many to take up fitness seriously. He has also helped demystify bodybuilding, making it more accessible to a broader audience.
Collaborations and Partnerships
Collaborations with other TikTok influencers and brand partnerships have been pivotal in Noel’s journey. By partnering with like-minded creators, he expanded his reach and introduced his content to new audiences. Sponsorship deals with fitness brands have also helped him monetize his TikTok presence.
Transition to Other Platforms
Recognizing the importance of diversifying his online presence, Noel expanded to Instagram, YouTube, and other platforms. This move allowed him to reach different demographics and share more detailed content, such as long-form workout videos and vlogs.
Future Plans and Aspirations
Looking ahead, Noel has big plans. He aims to continue growing his brand, launching new fitness products, and expanding his reach globally. His vision includes not only inspiring people through social media but also creating tangible resources to help them achieve their fitness goals.
Conclusion
Noel Deyzel’s rise on TikTok is a testament to the power of authentic content and genuine engagement. His journey from a fitness enthusiast to a social media icon is inspiring, demonstrating that with dedication and a clear vision, anything is possible. As he continues to evolve, there’s no doubt that Noel will keep motivating and inspiring millions around the world.
FAQs
How did Noel Deyzel become famous on TikTok?
Noel became famous on TikTok by sharing engaging fitness tips, motivational content, and personal stories. His consistent posting and genuine interaction with followers helped him build a large and loyal audience.
What kind of content does Noel Deyzel create?
Noel creates a variety of content, including fitness advice, workout routines, motivational speeches, and personal anecdotes. He also participates in TikTok trends and challenges.
How does Noel Deyzel interact with his followers?
Noel interacts with his followers by responding to comments, engaging in duets, and addressing fan questions in his videos. This engagement has helped him build a supportive community.
What challenges has Noel Deyzel faced on his journey?
Noel has faced challenges such as gaining initial traction on TikTok, handling criticism, and balancing personal life with content creation demands. His resilience and dedication helped him overcome these obstacles.
What are Noel Deyzel’s future plans?
Noel plans to continue growing his brand, launching new fitness products, and expanding his global reach. He aims to inspire more people through social media and provide tangible resources for achieving fitness goals.
17 notes · View notes
liaromancewriter · 1 year
Text
Choices: Successful or Not? It Depends
I'm a data geek so this isn't the first time I've talked about PB and Choices financial success. Here's the post based on Nexon's Q1 financial reporting. Q2 numbers are out on August 9.
Choices is losing revenue year on year, and hasn't been able to beat that trend. The outlook is that revenue will continue to go down. Revenue isn't profit though (profit is revenue less expenses). If Choices can create books at a low cost, the more profit they make. They can do this by reusing artwork (for example).
According to some industry analyses I found the app is successful based on key mobile app metrics. There are several, but here are a few:
Monthly downloads
Active users (monthly and daily)
Daily sessions per daily active users
Monetization: Subscriptions (like VIP) and In-app purchases (diamonds, keys, sales, etc.)
Average session length (how long someone spends on the app at one time)
Retention rate (users that keep coming back)
Churn rate (industry stat is that 70-90% of users delete an app within 3 days of download) -- Choices doesn't appear to have that problem
Choices is one of the most downloaded and top-grossing narrative games. In that category, Choices is successful from a revenue perspective.
If you're interested, here are two blog posts to help you understand the areas in which Choices is successful:
Choices monetization strategy
The non-discounted, cheapest diamond pack ($1.99) is the game’s bestseller. Also, the smallest key pack is among the top three. This tells us that Choices players’ tendency is not to spend a lot of money on single packs.  Players buy diamonds because they crave getting the best possible outcomes. On the other hand, the main motivation to purchase keys is to play longer sessions. Players definitely don’t lack the motivation to spend money on this game. At the same time, it doesn’t make non-payers feel powerless.
Choices advertising narrative
The second article in particular is interesting because their ad strategy is very successful (despite how ridiculous I find them personally). Also, the app is clearly marketed toward women and they're the ones spending money. So, Choices isn't changing its strategy anytime soon.
According to Bidalgo, a company that did ad testing and research for Choices, Pixelberry’s goal is to reach high-value users. In other words, the goal was not to acquire just any users but those that are most likely to make an in-app purchase.
40 notes · View notes
lalogawrites · 8 months
Text
Since I'm very new to tumblr, I've mostly been lurking, trying to figure out a) the community culture so I don't make an ass of myself, and b) what exactly I want to use this app for.
While I figure that out, here's a little about me if you're curious: Like it says in the little tagline up there, I'm a writer. Though I'm new to this platform, I'm not new to writing; been at it for decades. I started writing original stuff and fanfiction, though for many many years, fanfiction was my refuge, my safe haven. I met and made lifelong friends through writing it, and had a ton of fun in the process.
But, as is human nature, I had a dream of more. I wanted to be a Professional Author, so I stopped fanfic and turned all my attention to the original stuff. And I succeeded - to an extent. I published six novels and dedicated several years to being a full time indie author. But despite my plucky, can-do attitude, the actual money making part of this venture went...badly. 😆 I'm proud of what I accomplished, because I gave everything I had, but as it turns out, (to no one's surprise), the stuff I want to write isn't the stuff that makes money.
The books are good. This isn't the books' fault. Macro-level, I blame capitalism, but the reality is that I'm not cut out for the indie author life. Everything I created needed a plan to be monetized. Every ounce of energy went to "honing my craft" and figuring out marketing "strategies." It was soul crushing, almost as much as the shitty retail/officer worker jobs I left to fulfill this "dream." Writing became work, and I started to resent every word.
The end result? I *almost* killed my life long love of writing and storytelling. Thankfully, I pulled my head out of my own ass and realized I didn't want whatever this was. So I pulled the plug on the business, let my mailing list know I was taking a hiatus, and completely stepped back from everything. Even writing.
I spent most of 2023 trying to refill the creative well. Fanfic helped. A lot. I started a Mandalorian fic that I may or may not continue, (depends on where the show goes lol), but it was the Ninja Turtles who really rescued me.
The first fic I ever posted was TMNT. And in November of 2023, when I sat down to do NaNoWriMo and finally write book 2 of my second original series, I instead started the sequel to that first TMNT fic. Then I went back and started "revising" the first one, because if I ever posted the sequel, it just made sense. 😆 (Even though I swore I would never touch that story again!)
I'm currently working on both of them now, and it's fair to say my love of writing has been rekindled. I'm still debating on what (if anything) I'll do with either fic, but I'm leaning toward maybe one day sharing some of my work publicly again. (That's another blog post/journal entry entirely haha.)
If you've made it this far, thank you for reading. Stay awesome. 💜
8 notes · View notes
beardedmrbean · 1 year
Text
Threads, Meta's new social media app, has signed up 100 million new users less than a week since its launch last Wednesday, making it the fastest-growing app in history.
Like other social media apps, users probably barely scanned − or skipped − the terms and conditions for what information Threads can collect, share and sell about them.
Meta probably already had a lot of information about users because Threads is built upon its Instagram platform.
Start the day smarter. Get all the news you need in your inbox each morning.
So how much does Threads already know about you, and what can it do with that data? Here are a few reasons to be concerned about your privacy.
What information does Threads collect?
Social media platforms monetize user data by selling relevant ads based on your location and activity, but, along with the usual app privacy requests like browsing history and location data, Threads also asks for financial information, health and fitness data, diagnostics and a nefarious-sounding "sensitive info."
Many users have voiced concern over Threads for its 14-point list of data permissions you're granting Meta to use the app. Twitter, by comparison, has 10 of these.
"I would say it's at the outer boundaries of what's usually expected, which is to be expected from its connection to Facebook, a brand long known for being especially hungry to take in user data and commercialize it in different ways," says Dan Ackerman, the new editor-in-chief at Gizmodo, a leading technology, science and culture news publication.
Android users can toggle off some of the data requests from the app, while the Apple App Store is "more take-it-or-leave it," Ackerman said.
"It also doesn't help that there's no browser-based fully functional version of Threads right now, and so you have to use the app version," he said.
Meta declined my request for comment and clarification.
Is Threads data collection worse than Twitter?
It's not necessarily malicious, suggests Tim Bajarin, a veteran technology analyst and Chairman of the San Jose, California-based market research firm Creative Strategies. "Users should know this Threads data list is pulled directly from Instagram, and it's all tied to their advertising engine when they start to monetize Threads.  
"When you sign off on financial info, for example, they're not looking at your bank statements or anything," Bajarin said.
Rather, Threads collects what you're posting about and liking, where you are, and whether you bought something through a third-party site, app or game you logged into using your connected Facebook/Instagram ID (usually to avoid creating a new password altogether).
Bajarin said users are granting Meta access for future advertising.
"Meta isn't giving you a free app out of the goodness of their heart − they're there to make money, which is mostly from advertising."
Threads can collect and save this information, and the data can also be shared with third-party services that connect to your Threads profile.
Can you deactivate Threads?
Yes, but you cannot delete it without also deleting Instagram, Bajarin said.
"Meta built (Threads) on the Instagram infrastructure, on top of the program itself, and so it would be very difficult to uninstall one and not both – at least the way it's engineered today. ... They could eventually be spun out to be completely separate apps," Bajarin said.
To deactivate (but not delete) your Threads account, Adam Mosseri − the Instagram boss who now spearheads the Threads app – says you can choose to hide your Threads profile and content, delete individual Threads posts and set your profile to private, as reported by USA TODAY contributor Jennifer Jolly.
"Threads is powered by Instagram, so right now it's just one account, but we're looking into a way to delete your Threads account separately,” he posted.
Ackerman said the fact Threads is built on Instagram is actually a boon for Meta and users, "as it's especially easy to sign up for, has no wait list, and is simple to use." But "in order to delete your Threads account after you sign up, you’ll need to delete your Instagram account, as well, which reminds me of the difficulty people had deleting their Facebook accounts in the past, and how there was a lot of fine print about what data Facebook would keep unless you jumped through extra hoops."
Is the Threads app safe?
Threads is asking for more permissions than Twitter, so it boils down to your comfort level.
Though some of the privacy permissions seem ludicrous – granting Threads access to health and activity data and other "sensitive info" on a smartphone just seems wrong – no one is forcing users to install and use Threads or any other social media app that monetizes its free platform by delivering personalized, contextual ads to you.
Threads is available in more than 100 countries, but perhaps it's no surprise it isn't available in the Europe Union just yet: Meta was forced to pay more than $400 million by EU regulators for forcing users to accept targeted ads.
Personally, I am using and enjoying Threads quite a bit but wish there was more clarity about how my data is collected and used. And I'm disappointed Meta declined to clarify things.
I select "Ask not to track" on all iPhone apps to reduce an app's visibility into my web browsing activity, and I have a virtual private network (VPN) on my computer for extra privacy, but perhaps it's true there is nothing truly free in this world – it's just up to each person to decide whether the cost is worth it.
24 notes · View notes
net-craft · 3 months
Text
App Monetization: A Guide for App Developers in Scottsdale, AZ
Tumblr media
The mobile app market is booming, with millions of apps available across various categories. But creating a fantastic app is only half the battle. For app developers in Scottsdale AZ, like those at Net-Craft.com, a crucial question remains: how will your app generate revenue?
This article explores various app monetization strategies, helping you choose the best approach for your app and target audience.
Understanding Your App and Audience
Before diving into monetization models, it's vital to understand your app and its target audience. Here are some key factors to consider:
App Category and Functionality: Is your app a game, a productivity tool, a social media platform, or something else entirely? Its category and functionalities will influence user behavior and suitable monetization options.
Target Audience: Who are you building your app for? Understanding their demographics, spending habits, and preferred app interaction styles is crucial for choosing an effective monetization strategy.
User Acquisition Costs: How much will it cost to acquire new users for your app? Factor in these costs when determining your monetization strategy to ensure long-term profitability.
Popular App Monetization Strategies
Once you have a firm grasp of your app and audience, let's explore some of the most popular app monetization strategies:
Freemium Model: This widely used model offers a basic version of your app for free, with premium features or functionalities available through in-app purchases (IAPs) or subscriptions. This allows users to try your app before committing, while generating revenue from those who find value in the premium features.
Paid App Model: This model requires users to pay a one-time fee to download and use your app. This strategy can be suitable for high-quality, niche apps offering a complete experience without needing additional purchases. However, it can limit your user base compared to the freemium model.
Subscription Model: This model provides users with full access to your app's features for a recurring fee (monthly, annually). This can be a great option for apps that offer ongoing value, like productivity tools, fitness trackers, or content streaming services.
In-App Advertising: This strategy involves displaying targeted ads within your app. You can earn revenue based on impressions (number of times the ad is displayed), clicks, or even completed actions within the ad (e.g., downloading another app).
In-App Purchases: This model allows users to purchase virtual goods or services within your app, such as additional lives in a game, premium filters for a photo editing app, or expanded features in a productivity tool.
Choosing the Right Monetization Strategy for Your Scottsdale App
The best app monetization strategy depends on several factors specific to your app. Here are some key considerations:
Target Audience: Millennials and Gen Z may be more receptive to in-app purchases and subscriptions, while older demographics might prefer a paid app model.
App Complexity and Value Proposition: Complex, feature-rich apps with ongoing value may benefit from subscriptions, while simpler apps might be better suited for a freemium model with IAPs.
Market Competition: Analyze how similar apps in your category are monetized. Consider offering a competitive yet profitable model.
Additional Considerations for Scottsdale App Developers
Here are some additional tips for app developers in Scottsdale AZ, to keep in mind when choosing a monetization strategy:
User Experience is Key: Don't prioritize monetization over user experience. Intrusive ads or excessive in-app purchases can frustrate users and lead to churn.
A/B Testing: Test different monetization strategies and pricing models to see what resonates best with your audience.
Data Analytics: Leverage app analytics data to understand user behavior and optimize your monetization strategy for maximum profitability.
Partnering with Leading Mobile App Developers in Scottsdale
Net-Craft.com, a team of Scottsdale AZ App Development Experts, understands the importance of effective app monetization. We can help you choose the most suitable strategy for your app, design a seamless user experience, and integrate monetization features seamlessly.
We are passionate about helping Scottsdale app developers create successful apps that not only provide value to users but also generate sustainable revenue. Contact Net-Craft.com today to discuss your app and explore how we can turn your vision into a thriving mobile application.
Know more https://www.net-craft.com/blog/2024/06/21/app-developers-scottsdale-monetization/
4 notes · View notes