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PREVIOUS:It is essential to keep up with changes in the ecosystem and trends in the industry in order to adjust to new challenges and opportunities. In conclusion, it is important to understand the roles that users, developers, and the platform all play in the App Store ecosystem. To make wise decisions about app development and distribution, one must also remain current on platform guidelines, user behavior, and industry trends. App developers must carefully consider their options when selecting a monetization strategy because it has a direct effect on the potential revenue from their apps.NEXT:Paying apps, in-app purchases, subscriptions, & advertising are just a few of the monetization strategies out there. The target market and value proposition of the app should be taken into account when selecting a strategy, as each model has pros & cons. Paid apps demand a one-time payment from users in order for them to download, giving developers instant money. But, this business strategy might restrict the app's user base because some consumers might be reluctant to pay in full without first downloading the app.