Advertising: interstitial ads, banner ads, in-app video ads, native ads, and rewarding video ads.So how do apps make money? There are several monetization strategies to gain profit from your mobile solution: Here, we will describe the most popular monetization strategies with examples from popular brands’ usage. To help you avoid common mistakes and launch a successful and profitable mobile app, we created a guide that answers how apps make money. How so? Pretty often, the reason for failure lies in the wrong revenue model. There are over 1.96 million applications on the App store and 2.87 million apps on Google Play, but not all of them bring their owners billions of dollars in revenue. With these stats, it is no surprise that more and more business owners want to enter this lucrative domain with their apps. Experts predict that mobile apps will generate a staggering $935 billion in revenue by 2023.
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