{"id":812,"date":"2019-07-22T10:16:18","date_gmt":"2019-07-22T10:16:18","guid":{"rendered":"https:\/\/dguaenew.demoz.agency\/blog\/\/?p=812"},"modified":"2024-12-06T17:42:35","modified_gmt":"2024-12-06T13:42:35","slug":"how-to-monetize-your-mobile-app-2020","status":"publish","type":"post","link":"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/","title":{"rendered":"How to Monetize your Mobile App in 2022 \u2013 An Ultimate Guide"},"content":{"rendered":"<p>Mobile apps are big things today. However, conceptualizing a great app idea and successfully developing an app is just the beginning of a long journey\u2026<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Key Takeaways<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #555555;color:#555555\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #555555;color:#555555\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/#what-is-the-easiest-and-most-common-way-to-monetize-a-mobile-app\" >What is the easiest and most common way to monetize a mobile app?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/#what-does-app-monetization-mean\" >What does app monetization mean?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/#whats-the-best-way-to-monetize-android-app\" >What\u2019s the best way to monetize Android app?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/#what-are-the-ways-to-monetize-mobile-apps\" >What are the ways to monetize mobile apps?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/#summing-up\" >Summing Up:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"what-is-the-easiest-and-most-common-way-to-monetize-a-mobile-app\"><\/span>What is the easiest and most common way to monetize a mobile app?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Now, <strong>what is the best way to monetize an app in 2022?<\/strong>\u00a0Mobile app entrepreneurs lag behind is to find ways to monetize apps (Android, iOS, Windows). In fact, the success of any app is simply dependent on its monetization, which should be a core component of the planning and development strategy as well.<\/p>\n<p>Well, if you are looking for the <em>best ways to monetize your <a href=\"https:\/\/www.digitalgravity.ae\/services\/mobile-app-development-dubai\/\">mobile app<\/a><\/em>, keep reading as we bring you the ultimate guide for \u201chow to monetize your mobile app in 2022\u201d.<\/p>\n<p>Now, before we began listing down best ways to monetize mobile apps, let\u2019s just agree to the fact that monetization of apps isn\u2019t the easiest aspect and while there is a number of ways to monetize your mobile app, you need to understand the pros and cons related with each method.<\/p>\n<p>Here in this blog, we have created detailed monetizing methods for you along with the pros and cons associated with each method to help you start earning revenue from your app and achieve high ROIs for your investment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what-does-app-monetization-mean\"><\/span><strong>What does app monetization mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>App monetization refers to the methods that need to be adapted to create revenues from apps (Android, iOS or Windows).<\/p>\n<p>If we look at the statistics below, we will come across great reasons why you would want to monetize your mobile app:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1456 size-large\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/Digital-Media-Time-spent-monetize-your-app-1024x670.png\" alt=\"Digital Media Time spent - monetize your app\" width=\"980\" height=\"641\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>As evident from the infographic, the digital time spent by users using smartphone apps far exceeds the time spent on desktop or tablet. While this surely is incredible, it isn\u2019t shocking given the penetration of smartphones across the globe.<\/p>\n<p>However, what\u2019s more, interesting is the fact that this isn\ufffd\ufffdt the climax\u2026<\/p>\n<p>What\u2019s even more remarkable is to see the number of hours users are spending using mobile apps:<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1457 size-large\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/average-daily-hours-per-mobile-visitors-monetize-your-mob-app-in-2020-1024x670.png\" alt=\"average daily hours per mobile visitors - monetize your mob app in 2020\" width=\"980\" height=\"641\" \/><\/p>\n<p>As can be seen from the graph, an average smartphone user spends over 2 hours daily using different mobile apps. And in all honesty, this one statistic is enough to advocate the influence of mobile apps in today\u2019s digital media industry and benefits to be able to monetize them.<\/p>\n<p>Now, if you don\u2019t have an app or haven\u2019t been able to monetize your mobile app then it\u2019s time to start thinking about it because this is one of the most highly rewarding sectors which you wouldn\u2019t want to miss out.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"whats-the-best-way-to-monetize-android-app\"><\/span><strong>What\u2019s the best way to monetize Android app?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Well, whether you are looking to monetize your <a href=\"https:\/\/www.digitalgravity.ae\/services\/android-app-development-dubai\/\">android app<\/a> or <a href=\"https:\/\/www.digitalgravity.ae\/services\/ios-app-development-dubai\/\">iOS app<\/a> or Windows app, the first aspect you need to consider is about users\u2019 experience and their journey. Since the mobile app industry is heavily influenced by users\u2019 preferences and needs you need to make sure that your app is able to offer real value to users.<\/p>\n<h4>how to monetize your android app?<\/h4>\n<p>Moving on, you need to take into account the best way to monetize your app, this will eventually depend upon the type of app and its utilization by users.<\/p>\n<p>If we look at the stats from <a href=\"https:\/\/www.digitalgravity.ae\/blog\/surviving-the-strong-winds-how-digital-marketing-agencies-can-help-small-businesses\/\">today\u2019s marketplace<\/a>, we will see that the number of free app users overwhelms the number of users using paid apps. The below chart clearly demonstrates the domination of free apps over paid apps:<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1458 size-large\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/free-app-vs-paid-app-monetize-your-application-in-2020-1024x564.png\" alt=\"free app vs paid app - monetize your application in 2020\" width=\"980\" height=\"540\" \/><\/p>\n<p>Now, if you already don\u2019t know the difference than free apps are those which any user can download from Google Play Store or Apple Play Store and can use it without having to pay for the app. Alternatively, users will have to pay right from the very start for paid apps.<\/p>\n<p>However, this is just the tip of the iceberg and that t<\/p>\n<p>here are various other ways to monetize even a free app (we will be discussing each of them in detail below).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"what-are-the-ways-to-monetize-mobile-apps\"><\/span><strong>What are the ways to monetize mobile apps?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>OK, now that we have a fair understanding of the importance and paybacks of app monetization, let\u2019s quickly jump to the best ways to monetize mobile apps:<\/p>\n<h4><strong> Paid Download<\/strong><\/h4>\n<p>As discussed above, the paid monetization method employs that users will have to pay an upfront fee to download and start using the app. Now, this is the simplest method where you can put any amount of tag you want to charge for your app. However, you need to be considerate of the fact that users don\u2019t like to pay any upfront fee and that you should only charge for the real value your app delivers to users.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1479 size-full\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/paid-app-download-monetize-your-app-2020.jpg\" alt=\"paid app download - monetize your app 2020\" width=\"900\" height=\"551\" \/><\/p>\n<p><strong>Pros:<\/strong><\/p>\n<ul>\n<li>Simple and straightforward monetizing method<\/li>\n<li>You set the monetary value of your app<\/li>\n<li>Users tend to be more loyal to apps for which they have paid an upfront amount<\/li>\n<li>Paid apps tend to have better user experience since they don\u2019t need to clutter ads to monetize<\/li>\n<\/ul>\n<p><strong>Cons:<\/strong><\/p>\n<ul>\n<li>Users generally don\u2019t fall for the paid apps<\/li>\n<li>You need to outweigh free apps with greater value to attract users<\/li>\n<li>You give-up all other monetization options<\/li>\n<li>Users\u2019 expectations from paid apps are much higher as compared to free apps<\/li>\n<\/ul>\n<h4><strong> In-App Purchases<\/strong><\/h4>\n<p>In-app purchases are a more complex monetization method as compared to putting an upfront fee (paid apps). this form of monetization includes offering value-added services for sale like a value-added diet plan for a fitness app or a premium feature that is only available to premium users. One important thing to remember here is the fact that before you offer any in-app purchases to users, your app should offer real value to users who don\u2019t like to make purchases for add-ons as well.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1480 size-full\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/in-app-purchase-app-monetization-2020.jpg\" alt=\"in app purchase - app monetization 2020\" width=\"700\" height=\"394\" \/><\/p>\n<p><strong>Pros:<\/strong><\/p>\n<ul>\n<li>Since you will be offering free app download, you\u2019ll be able to garner more users to start with<\/li>\n<li>Users\u2019 won\u2019t be expecting high of your app because it\u2019s free, to begin with<\/li>\n<li>You can make significant revenue from in-app purchases<\/li>\n<li>Once users purchase the add-on for a premium feature, they will become more loyal<\/li>\n<\/ul>\n<p><strong>Cons:<\/strong><\/p>\n<ul>\n<li>Most users tend not to purchase any add-on despite loving your app, thereby you can\u2019t be sure of earning money from all users<\/li>\n<li>Google and Apple will take cuts out of your profits<\/li>\n<li>You may receive refund requests from users who don\u2019t like features<\/li>\n<\/ul>\n<h4><strong> In-App Subscriptions<\/strong><\/h4>\n<p>In-App subscriptions are much similar to in-app purchases that enable users to unlock premium features or functionalities by purchasing. However, the slight difference lies with the fact that here the purchases are in the form of products\/items, premium content or rewards.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1482 size-full\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/in-app-subscriptions-mobile-app-monetization-2020.jpg\" alt=\"in app subscriptions - mobile app monetization 2020\" width=\"660\" height=\"396\" \/><\/p>\n<p><strong>Pros:<\/strong><\/p>\n<ul>\n<li>This form of monetization is perfectly suited for blogs or news sites with high readership<\/li>\n<li>Easy to attract users as it offers free initial use<\/li>\n<li>You can also maximize the revenue by offering in-app content for sale<\/li>\n<li>It\u2019s a recurring revenue model<\/li>\n<\/ul>\n<p><strong>Cons:<\/strong><\/p>\n<ul>\n<li>Apple and Google charge their cut from your profit<\/li>\n<li>You need to offer premium content\/rewards for in-app subscription<\/li>\n<li>You will need to constantly update the content to keep up with the subscriptions<\/li>\n<\/ul>\n<h4><strong> In-App advertising<\/strong><\/h4>\n<p>This is one of the most frequently used <strong>mobile app monetizing<\/strong> method. Perhaps, the number one reason for the popularity of this method is the fact that you are able to offer a completely free app to users without ever demanding any money for any feature, thus amassing more loyalty than paid apps or other monetizing methods. However, in-app advertising can be counter-productive provided you cluttered the interface or overuse advertisement.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-1485 size-large\" src=\"https:\/\/digitalgravityprod.s3.ap-southeast-1.amazonaws.com\/uploads\/2019\/07\/in-app-advertisment-2020-mob-application-moetization-1024x536.jpg\" alt=\"in app advertisment - 2020 mob application moetization\" width=\"980\" height=\"513\" \/><\/p>\n<p><strong>Pros:<\/strong><\/p>\n<ul>\n<li>Since your app will be completely free you can amass the greatest number of users<\/li>\n<li>With free apps, you have a great opportunity to gather key user data and re-utilize it elsewhere to boost your business efficiency<\/li>\n<li>With careful in-app advertisement, you can earn significant revenue<\/li>\n<li>This type of mobile app monetizing methods is ideally suited for gamins and eCommerce apps<\/li>\n<\/ul>\n<p><strong>Cons:<\/strong><\/p>\n<ul>\n<li>Overuse of the ads can frustrate users and they can abandon it altogether<\/li>\n<li>If you use irrelevant ads, you will earn less and damage user loyalty<\/li>\n<li>You may need to redesign the apps (at least some parts) to accommodate the ads<\/li>\n<li>This isn\u2019t suited for professional apps<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"summing-up\"><\/span><strong>Summing Up:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>So, there you have it\u2026 Everything you wanted to know about mobile app monetization. Now, to sum up, let\u2019s remember one of the most important aspects of mobile app monetizing; the value you offer to users.<\/p>\n<p>Now when it comes to paid apps vs. free apps, according to market statistics, free apps within the indirect monetization method far outweigh paid apps in terms of the number of users. However, the optimum monetization method for your iOS or <strong><a href=\"https:\/\/www.digitalgravity.ae\/blog\/10-best-android-apps-of-2019\/\">Android app<\/a><\/strong> rest with the type of app and the user experience it offers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobile apps are big things today. However, conceptualizing a great app idea and successfully developing an app is just the beginning of a long journey\u2026 What is the easiest and most common way to monetize a mobile app? Now, what is the best way to monetize an app in 2022?\u00a0Mobile app entrepreneurs lag behind is [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[73],"tags":[118],"class_list":["post-812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile-apps","tag-monetize-mobile-app-2020"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An Ultimate Guide on How to Monetize your Android or Mobile App in 2022<\/title>\n<meta name=\"description\" content=\"Are you running Mob App but Didn&#039;t earned a Single penny from your app? the best way of how to monetize your android or mob app in 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.digitalgravity.ae\/blog\/how-to-monetize-your-mobile-app-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Ultimate Guide on How to Monetize your Android or Mobile App in 2022\" \/>\n<meta property=\"og:description\" content=\"Are you running Mob Application but Didn&#039;t earned a Single penny from your app? 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