Measuring the horizon of Mobile App Monetization

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We all are using various types of mobile apps in our daily lives.

There are many businesses and organizations that are already developed mobile apps and serving their services and products to their customers but there are still some businesses that are looking to develop a mobile app.

And when it comes to developing a mobile app, there are only two great and huge platforms they need to focus on – Android and iOS for their app development.

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Understanding ARPDAU and its ImportanceThe business of mobile app development solely depends on the revenue generated.

It is the only magnitude by which we can judge the health and popularity of a mobile app on the app store/play store.

Thus it becomes much more critical to understand ARPDAU and how the game of mobile app monetization works.Increasing ARPDAU has a positive impact on the app monetization rates and makes the mobile app famous amidst its targeted audience for a more extended period of time. 

Mobile applications development companies are well responding to to the call of on-demand economy and sweating it out to build mobile apps that will get services to the doorsteps of consumers. When in need of a vehicle to journey away or a maid to take care of their homes, people today can just go through their mobile screens, open an app and hire the identical. While the on-demand economy will thrive because it is making daily lives of people more resourceful by providing them great convenience, there are multiple enterprise regions that are leveraging the idea of on-demand mobile apps.

Let's talk about some of the prominent enterprise areas where on-demand services app is playing its part well and generating new revenue streams for the entrepreneurs.

1 Local services

The tale of on-demand services started out when some local shops or food stores started delivering their products on the doorsteps of consumers staying with a proximate range. Mobile app development company has been the medium for customers to view their products and place orders.

Following the trend, many big and small food-centres, grocery stores, clothing and retail outlets started out with their own on-demand deliveries. Major triggers for the customers to use their mobile apps are the comfort of shopping from home, bit cheaper prices, can search over a range of products, and can even shop from the stores which are not at a convenient location.

2 Personal Utility services

Use of on-demand apps also shore up tremendously in the realm of personal utility and healthcare services. Apps in these segment include services of stylists, fitness trainers, therapists, body spa, tailoring and so forth. While to avail any of these, people earlier have to either walk into the services centres or call beforehand to get appointments, with apps they are now getting all personal and healthcare treatment at their homes.

With easy-to-use apps, people can now view the types of services offered, hire an executive and get themselves served. Even payments are going cashless with such apps, as customers have the option to make in-app payments using credit/debit cards.

3 Transportation

There's no stopping to the evolution of on-demand services in travel and transportation. Perhaps the fastest growing type of apps enterprise, 'private cars on hire' is the recent buzz of all metropolitan towns and cities. Also available with facilities of pool or shuttle, on-demand cab services are gradually overshadowing the conventional taxis, available less and from the stands. Contrary to this, people can now hire a cab right from their present location. They get to see the cabs available in their proximity via the mobile app and tap on 'hire' to get themselves picked up.

4 Homecare Services

There's more of the on-demand apps! Apart from personal care, they are now available for different household services including laundry, home cleaners, cooks, electricians, plumbers, babysitters, pet sitters, etc. So, instead of searching for services providers from different sources and approaching them personally, they can use apps. They are performing the role of a middle-man between the homemakers and the services centers. Furthermore, with such an app, service providers can now tap profits from the distant markets apart from the locals.

To cut it short, on-demand mobile application development is booming fast. Even before companies can realise what an on-demand app can do to their enterprise, consumers are getting crazy over the trend. And, why not? Those apps are like mini-guide in their pockets, helping them get what they want in minutes. Soon a time may come when people won't venture out of their homes to look for a service or product.