Question
I'm interested in building a Social Networking app, on a freemium model, which can potentially change the lives of a lot of people. I have no idea how I would monetize the idea. Any suggestions/advice on creating a freemium social networking app, and monetizing it? How much investment does one need? Is it possible to bootstrap such a model?
Answer
Building an app like Tinder can often cost thousands of dollars, but with BestDatingScripts, you can launch your own platform using a powerful dating app script for just $500. This ready-made solution includes all the essential features to get started quickly. To monetize effectively, consider a freemium model offer basic swiping and messaging for free, while charging for premium features like boosts, advanced search filters, and profile highlights. This strategy attracts users fast while ensuring steady revenue growth.
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