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PREVIOUS:While lifetime value indicates the total amount of money made from a user during their entire app engagement, retention refers to an app's capacity to hold onto users over time. Developing engaging features, content, and experiences for users is essential to keeping them coming back to the app and encouraging them to spend money and time there. By using social media, push notifications, gamification features, customized experiences, loyalty plans, and community development, developers can keep users interested. Using user preferences, behavior, and demographics to customize the app's content & suggestions makes each user's experience more relevant and pleasurable.NEXT:With regard to advertising models, the developer receives payment based on the number of ad impressions or user interactions when they display advertisements within the app in the form of banners, interstitials, rewarded videos, or native ads. Achieving a balance between monetization and user satisfaction in app monetization necessitates a thorough evaluation of the app's value proposition, user experience, & revenue potential. Popular monetization techniques like in-app purchases (IAPs) & subscriptions give developers the chance to make money from their apps while still giving users something of value. Through in-app purchases, users can purchase in-app virtual goods, upgrades, or content, which improves user engagement and experience. In order to improve gameplay and progression, this model is frequently utilized in mobile games to provide power-ups, cosmetic items, or level unlocks.

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