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Read: 34 - Monetization

Monetization

Android Monetization

Android Monetization is a technique that refers to monetizing Android apps. Monetizing generally means displaying advertisements and generating income when users interact with an ad or see one.

To maximize your revenue, consider a flexible monetization strategy that adapts to your audiences and markets. Different audiences can have different preferences for paid apps, in-app purchases, subscriptions, ads, and other ecommerce.

Sell goods or services through your app

When you’re developing a mobile application for Android and distributing it on Google Play, there are two primary ways you can accept payments: Google Play’s billing system and Google Pay.

Sell digital goods or services with Google Play’s billing system

Sell physical goods or services with Google Pay

Other app monetization options

Advertising

Get paid for showing Google AdMob ads, including native ads that allow you to match ads to your app’s look and feel.

Set a price for your app that the user must pay before they can download and install it. You can also take advantage of automatic local pricing (or set prices yourself), promo codes, and pricing templates.

Best practices for setting your initial monetization strategy

Best practices for optimizing your monetization strategy

The Types Of Ads

7 types of ads to monetization app

There are 7 popular different types of ads that you need to be aware of when monetizing your app:

The Best Mobile App Monetization Strategies in 2021

References