Mobile App Monetization – Make It Rain
2014 marked the year where there were more connected mobile devices than people on this planet. It’s pivotal to how we think about mobile application development and wearable technology. So how do you get paid as an app developer?Entrepreneurs and developers looking to monetize apps have a few options at their disposal:
1) Pay per download (need a killer app for people to pay today)
2) In-app advertising (need a ton of users)
3) In-app purchases
4) Freemium version
5) Free – sell user data (need millions of users to play this card)
Remember nothing is free in the mobile app world.
A wise man once told me: If something is “Free” to you, then “You” are the product! #sageadvice