App Business Models 2016 - How to identify which is right for you?

Figure out a balance between your need to gain users with your need to earn revenue. App monetization strategies should be chosen and built into your app before you launch it in the app store. You can always iterate on these strategies as time passes or even change them completely, but approach mobile with the dual mindset of building an awesome app and an eventual business.

Start by answering the following four questions before you strategise your app business model :

What problem is your app trying to solve and how?
What is unique about your app and would people pay for this?
What else do you think your app users would be willing to pay for?
What business models do competing apps use and how well have they worked?

#AppBusinessModels #BusinessModels #Apps


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