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  • Developing a thorough understanding of app monetization is essential for both developers and entrepreneurs, as the mobile application market is constantly changing. The term app monetization describes the range of ways that an application can make money. A great app alone won't cut it in the millions of apps that are available for download across platforms; developers also need to come up with smart business plans to make their apps profitable. The world of app monetization is broad, with a variety of strategies including in-app purchases, advertising, subscription models, and sponsorship possibilities.
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