Topic Progress:

What is app monetization, why is it important, what are the differences between paid and freemium apps and why should you choose one over the other, and what are the best ways to advertise? We’ll also talk about subscription models, cross promotions and sponsorships.

Action Items:

  • Sign up for AdMob ad account. Wrap your mind around what ad networks are all about.
  • Write down any in-app purchases you will have.
  • Decide the price of your app.
  • Write down 3 potential sponsors and why they’d be good matches. Consider hiring a sales person to close deals for you.

Resources:
Monetization