Inside the Android Factory [Infographic]

Applications are the most important part of smartphones, without them your favorite smart phone would be boring and worthless. Everyday new applications are made. Some are free, while others are paid. But have you ever wondered how app developers decide how to monetize their apps?

Well, wonder no more. This infographic presented by Startapp takes a look at 5 ways to monetize applications. The first way being in-app adds. These are pretty self explanatory. Then there are freemiums. This is where basic game play is free, but premium items and services cost extra. Next, there is the option of pay per download. This option uses out-of-app search access points. Then you have your paid apps that can cost anywhere from $.99 to $200. Finally, there is notifications. These are advertisements that are placed in the notification tray of the device.

Check out the infographic below to learn more about app monetization.

Monetization Models [Infographic]
© 2012 StartApp


Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

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