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- Giving users in-app incentives in return for interacting with advertisements is known as reward-based advertising, and it's a common method of making money. This can involve getting in-app benefits, unlocking premium content, or earning virtual currency by watching a video advertisement. Developers can boost ad engagement while giving users something of value by introducing reward-based advertising. This tactic works especially well with mobile games since players are frequently ready to interact with advertisements in order to receive in-game rewards. Developers must carefully balance the incentives offered with the effort users must put forth to interact with the ads when implementing reward-based advertising. It's crucial to make sure the prizes are worthwhile enough to encourage user participation without being overly lavish & undermining in-app purchases or premium content.
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- Mobile application revenue generation via a variety of techniques is known as in-app monetization.. These tactics consist of subscriptions, advertising, and in-app purchases. To optimize their revenue potential, app developers need to be aware of these various monetization strategies. A popular business model is the freemium model, in which users can download & use an app for free but still purchase premium features or content.
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