Question
Besides getting businesses to advertise on the mobile app, how do these free mobile apps actually generate revenue?
Why would any business pay to be advertised on a mobile app that just started out and has no traction as of yet?
In addition, how much revenue does such a mobile app usually generate in a month?
App category that I'm referring to:
- gaming
- travel
- social
Answer
These type of apps make money through:
1. In app purchases
2. Ads
3. Selling data
Ads are paid per clicks.