A high-quality app can take a lot of time and effort to code. In order to have a return with this time investment it makes sense to look at the different strategies to monetize the app. There are several distinct ways to drive earnings and the preferred choice is likely to relate to the type of app.
Here are a Couple of of the best options to monetize your app:
In-app purchases

In-app purchasing is a frequent strategy to monetize your app and gives a handy way to offer a wide range of services or goods, as well as installing a paywall that unlocks new features or content within the app. This type of monetizing method should be made seamless and enjoyable so as to increase sales.
Subscriptions
The ability to utilize subscriptions can depend on the type of app. mobile app monetization is most effective when able to maintain adding the brand new content. Most users are unlikely to sign up for an app if the content isn’t kept fresh and updated on a daily basis.
Ads The ads shouldn’t disrupt the basic use of the app. Most of the modern ad networks offer targeted ads which can significantly help to improve the potential income. The irrelevant ads can lead to a bad user experience and can even make the consumer turn off.
Sponsorship
One strategy that can be highly effective is sponsorship. This type of monetizing approach takes more effort compared to using ads because it is necessary to spend the time and attempt to find a relevant sponsor. Sponsorship can be a very rewarding choice and increases client engagement and gives more control of the ads.
White-labeling
A revenue model that is worth considering is the white-label route. The process of thinking up ideas and building the apps is rather expensive and time-consuming. In order to profit from this process, an app creator can package and white-label the app so that it can be sold on to other businesses. Any company that buys the code can add their branding and start selling it for their customers.