Users are starting to invest more time on mobile apps as compared to websites. This is driving companies to expand their businesses to mobile applications. They hire expert mobile app development companies and take all possible measures to ensure that their mobile app stands out from their competitors.
However, when it comes to monetization strategies and the type of app which should be launched. Some of the businesses end up launching ‘paid’ apps and are unable to drive the conversions that free mobile apps could have provided. It turns out that majority of of the app users prefer to install free mobile applications.
Businesses don’t exactly understand how free mobile apps can make money. So here is an infographic that shows how free mobile apps make money.