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PREVIOUS:Setting up precise KPIs (key performance indicators) that are in line with corporate objectives is important when using data and analytics. Metrics like ad engagement, conversion rates, average revenue per user (ARPU), and retention rates can be examples of this. App developers can learn a great deal about user behavior & app performance by monitoring these KPIs over time. Optimizing different aspects of the app experience also requires experimenting and A/B testing.NEXT:Another well-liked method of generating revenue for apps is through subscriptions, especially for those that provide services or continuous value, like productivity tools or streaming services. The recurring payment model allows app developers to get steady income from their user base. Lastly, since it generates income from ad impressions and clicks, advertising may be a realistic monetization strategy for apps with a sizable and active user base. Ads must be used wisely, though, to prevent detracting from the user experience.
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