So you have a great idea for a mobile app and you have decided to hire a developer to build it. But, what do you plan to get out of this development?
A mobile app can offer your company a number of benefits, such as raising awareness, gathering user information, and making you more money. It is up-to you what purpose you want your app to serve. But, before you begin with the development of your mobile app, you must figure out how it will pay you back.
If you are planning to earn money from you mobile app, you must chose a monetization model for your app. Mobile app development companies may use one of these five models to monetize their apps.