Copy This $6M App Monetization Strategy

  Рет қаралды 12,127

App Masters

App Masters

Жыл бұрын

Discover what I believe is the best way to monetize a subscription app and the numbers behind each one of my hypotheses.
We discuss why it's important to offer a discount during the first-time user experience, how to implement a free trial or freemium model, and the importance of getting that first dollar from a new user.
Each hypothesis is supported by data-backed insights and analysis, ensuring that you make informed decisions when implementing these strategies.
By understanding user preferences, analyzing usage patterns, and measuring key metrics such as engagement, satisfaction, conversion rates, and retention, you can make data-driven decisions to optimize your app monetization strategy. We'll provide you with practical tips and real-world examples to help you apply these best practices effectively.
Flo app:
flo.health/
Work with us to grow your apps faster & cheaper:
www.appmasters.com/
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appmasters.com/audit/
CONNECT WITH US:
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Blog: www.appmasters.com/blog
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Пікірлер: 35
@nursultannazarov8379
@nursultannazarov8379 Жыл бұрын
I need just $1M once. That's it. Just once.
@AppMasters
@AppMasters Жыл бұрын
💯💯💯
@kalpeshlohar4019
@kalpeshlohar4019 5 ай бұрын
Great one as always. It's summery of all of your knowledge and interview with guests. I will definitely try these strategies.
@NeuroSkillzUniversity
@NeuroSkillzUniversity Жыл бұрын
Super interesting! This sounds like a great strategy. Thanks for analyzing it for us.
@AppMasters
@AppMasters Жыл бұрын
Glad it was helpful!
@progrunt9441
@progrunt9441 9 ай бұрын
Literally made my first yearly in app purchase with this strategy yesterday! Thank you for your analysis!!!
@AppMasters
@AppMasters 8 ай бұрын
Fantastic! Was it a yearly sub?
@RenanHiramatsu
@RenanHiramatsu Жыл бұрын
Always valuable information! Thank you Steve.
@AppMasters
@AppMasters Жыл бұрын
My pleasure!
@AkireMaru
@AkireMaru 4 ай бұрын
Do most people buy during the onboarding because that is when they’re most open to buying or do most apps show a pay wall during the onboarding process so there’s very little data to support any other conclusion?
@florasavesplants
@florasavesplants Жыл бұрын
Fantastic content as always Steve 🙏
@AppMasters
@AppMasters Жыл бұрын
Glad you think so!
@abdellahelazraoui9390
@abdellahelazraoui9390 4 ай бұрын
You just amazing, thank you.
@AppMasters
@AppMasters 28 күн бұрын
Thank you too!
@NickLucasContent
@NickLucasContent 11 ай бұрын
great stuff!!
@AppMasters
@AppMasters 11 ай бұрын
Thanks!
@ShmueliShahar
@ShmueliShahar 13 күн бұрын
Great content thank you
@AppMasters
@AppMasters 5 күн бұрын
Glad you enjoyed it
@danielshaffer1005
@danielshaffer1005 Жыл бұрын
Great video.
@AppMasters
@AppMasters 11 ай бұрын
Thanks!
@soulfate2
@soulfate2 Жыл бұрын
very cool very clear
@AppMasters
@AppMasters Жыл бұрын
Glad you think so!
@whocareswhoiam2day
@whocareswhoiam2day Жыл бұрын
I know guys behind flo, they was originally from Minsk, Belarus they got investment of $75M
@AppMasters
@AppMasters Жыл бұрын
Introduce me!
@whocareswhoiam2day
@whocareswhoiam2day Жыл бұрын
@@AppMasters it's not product guys, it's seed investors, it's long story from 2016 original flo cto working in Miro now.
@AneudysAmparo
@AneudysAmparo Жыл бұрын
+$6M a month! Sick!!!!!
@AppMasters
@AppMasters Жыл бұрын
🔥🔥🔥
@urbanpersevere8849
@urbanpersevere8849 Жыл бұрын
Thank you Steve
@AppMasters
@AppMasters Жыл бұрын
🫶🫶🫶
@acromos
@acromos Жыл бұрын
1M downloads / m for $6M ❤
@AppMasters
@AppMasters Жыл бұрын
Recurring revenue. 😀
@cloobs1
@cloobs1 9 ай бұрын
hold on...there is NO trial in those 14 days, since periods have a monthly cycle you won't track (trial) anything!? that toggle seems like a clever little convincer for the hesitant
@AppMasters
@AppMasters 8 ай бұрын
Yeah that is interesting
@petruskachan3668
@petruskachan3668 Жыл бұрын
And then you will get Reject/Ban from Apple for forcing users to buy
@AppMasters
@AppMasters Жыл бұрын
It’s not forcing. It’s only showing promos.
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