With the rapid growth of social media networks, you can never find a single person who does not have a messenger app installed on their smartphones. Connecting with anyone across the globe has become extremely convenient. We can share photos, videos, and documents with just a few taps on our mobile phones. Even smartphones come with these apps pre-installed on them.
This growing social media trend can be your new business idea. You can develop your own messaging app and monetize it to generate revenue. If you are ready to get into this app business, then below are some monetization strategies that help you earn a higher income.
Advertising
You can run in-app advertisements for businesses and earn income for the same. It is an excellent source of revenue, and several social media apps like Snapchat, Viber, etc., have made use of this monetization strategy. You can also charge your users if they wish to use your app without ads.
In-app purchases
Offer premium features at a specific price to avail particular stickers, themes, or wallpapers. It is a win-win situation for both users and your business. Apps like LINE use such a strategy to generate revenue.
Subscription fee
You can allow your end-users to use your app for a few months free of cost and later on charge them for using it. It is a great income source when your app possesses a large user base. But consider it as your last resort as people often do not want to pay for using an application.
Wrapping up
Hope the article is useful. Get your app developed in the shortest turnaround time and launch it in the market for instant success. For your convenience, several app development companies offer WhatsApp clone solutions that help you build your messaging app at affordable costs.
These WhatsApp clone apps constitute all features needed for its smooth functioning. Several businesses have benefited from it. You can also make use of it for assured revenue generation.
Customize our on-demand WhatsApp clone script to build a messaging app, connecting people across the world.
You can allow them to share unlimited images and videos with just a few taps.
These scripts are highly scalable, giving you the benefit of updating it as per changing user needs.
Think deeply and find what is on high demand among the people.
Nowadays the demand more for ordering food online, booking tickets for travel, hotel rooms booking, etc.
Did you notice one thing from the above examples?
Let me tell you that also.
People nowadays don’t have time for waiting for anything.
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If you are creative with your own ideas to develop a messenger app, then Whatsapp should be your wide consideration as many people around the world have become popularized with the usage of Whatsapp for its extraordinary features.
Having this on your mind, start marching towards your idea.
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