When one browses through the list of best trip planning apps available on Google Play, one finds apps that are free. In , % of the apps on Google Play were free and hence, that begs the question- how do you monetize your travel app? The argument is that the majority of apps posted to app stores are supposed to be free. When a mobile application got popular, however, its proprietors used several monetization strategies to make money. Of the many techniques employed, here is a list of the methods that work the best.
Advertising Advertising is one of the most common and well-known ways to monetize an app. The advertiser pays the app owner for the right to run ads across the app and access to the app’s user base in USA Phone Number List this business model. In the instance of a travel app, relevant advertising such as hotels, tour operators, airline adverts, and so on can be displayed. Companies in the travel and hospitality business can buy advertising space from you. Pay-per-click, pay-per-thousand-impressions, pay-per-reach, pay-per-conversions, and other ad payment methods exist.
In-App Purchases Another straightforward strategy is to charge customers for downloading your program. You must deliver adequate value to users in order for this approach to function. They won’t pay for your application if you don’t do this. You can also charge users for access to the app’s extra features. If you offer premium features, it is not necessary to make your software free, however, it is preferred in many circumstances. Users can purchase extra travel services through in-app purchases, and the app owner receives a transition fee from each sale.