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- The freemium model, which provides a free version of the app with optional in-app purchases or premium features, is one of the most popular business models. Developers can draw in a lot of users with this model, and those who are willing to pay for more features or content can become regular revenue streams. Without alienating users who don't pay, developers must, nevertheless, find a balance between providing worthwhile free content and encouraging users to make purchases. Ad-based revenue, which makes money by placing adverts within the app, is another well-liked monetization technique. This model, which lets developers get paid based on ad impressions, clicks, or conversions, works especially well for apps with a big user base or high levels of engagement. 25-03-21
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- The app market has grown significantly in recent years & is a fiercely competitive, quickly changing industry. Developers need to grasp market dynamics in order to succeed, since millions of apps are available on different platforms. The market is driven by consumers' demands for entertainment, productivity, and ease of use; they are looking for mobile solutions for daily problems. 25-03-21
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