Share Answer — Clarity

the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University

Categories

Browse Search

Loading...

Share Answer

Business Strategy: What should be the app Monetization Model?

Assaf Ben-David, Mentor, Entrepreneur, Lawyer, Public Speaker answered:

Hi
Well done for what you have done so far.
It really depends what the service is that you're providing. There's the common advertising model (advertisements/ commercials on the app), or you could use the premium model (the students pay for added value features). Lastly, you could also add in-app purchases. But again, it really depends what the specific service is. Maybe students would agree that their basic info gets shared with companies selling the relevant service, in which case your business model would be leads.
Lots of options...
Good luck
I've successfully helped over 380 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at my reviews: https://clarity.fm/assafben-david

About

Experts

Answers

Support

Follow

the startups.com platform

Startups Education

Startup Planning

Reach Customers

Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.

Question

I have developed a prototype and soon will be developing MVP. The problem I am solving has two users a corporate sector and second end user. I have a subscription model for corporate users but could not figure out end user monetization model. The end users are students and initially, my MVP will be based on students because the corporate solution is quite big and can’t be developed without an investor. To gain initial traction and prove my idea I decided to develop MVP on student solution which is a small part of the whole solution. I just want to figure out what should be the monetization model for a student app. I want to offer free service because students are always tight on budgets and students love free resources. If I offer free service how should I make money to manage the app?

Business Strategy

Marketing Strategy

Entrepreneurship

Answer

Assaf Ben-David answered

Hi
Well done for what you have done so far.
It really depends what the service is that you're providing. There's the common advertising model (advertisements/ commercials on the app), or you could use the premium model (the students pay for added value features). Lastly, you could also add in-app purchases. But again, it really depends what the specific service is. Maybe students would agree that their basic info gets shared with companies selling the relevant service, in which case your business model would be leads.
Lots of options...
Good luck
I've successfully helped over 380 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at my reviews: https://clarity.fm/assafben-david