Summary: <p>Discover what I believe is the best way to monetize a subscription app and the numbers behind each one of my hypotheses. </p> <p>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. </p> <p>Each hypothesis is supported by data-backed insights and analysis, ensuring that you make informed decisions when implementing these strategies.</p> <p>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.</p> <p>Flo app:</p> <p><a href="https://flo.health/" target="_blank" rel="noopener noreferer">https://flo.health/</a></p> <p>You can also watch the video: <a href="https://youtu.be/ODWgul9tXus" target="_blank" rel="noopener noreferer">https://youtu.be/ODWgul9tXus</a></p> <p>Work with us to grow your apps faster & cheaper: <a href="http://www.appmasters.com/" target="_blank">http://www.appmasters.com/</a></p> <p><strong>SPONSORS</strong></p> <p>Growing your app beyond a certain point by yourself is almost impossible as the your beloved baby must mature and transform into a company.</p> <p><a href="//Bluethrone.io" target="_blank">Bluethrone’s</a> new partnership model is better than a VC Investment: It gives you cash in hand, your life back and the right to see your app adopted by millions, and making millions<strong>.</strong></p> <p>Got an app idea that you think will be the next unicorn? But you don't know what to do next?</p> <p>With more than 15 years of experience creating software, <a href="//B7dev.com" target="_blank">B7dev.com</a> can help you out. Schedule a free 1-hour call by going to B7Dev.com and let them know that Steve sent you. </p> <p>Tired of overpaying for App Store Optimization? Get unlimited ASO and app marketing support to increase your keyword rankings, downloads, and revenue. Learn more at <a href="https://asomasters.com/">ASO Masters</a>.</p> <p>***************</p> <p>Follow us:</p> <p>YouTube: <a href="http://appmasters.com/youtube">AppMasters.com/YouTube</a><br> Instagram: <a href="https://www.instagram.com/stevepyoung/">@stevepyoung</a><br> Twitter: <a href="https://twitter.com/stevepyoung">@stevepyoung</a><br> TikTok: <a href="https://www.tiktok.com/@thesteveyoung" target="_blank">@stevepyoung</a><br> Facebook: <a href="https://www.facebook.com/AppMastersCo/">App Masters</a></p> <p>***************</p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/app-marketing-podcast/message
