In the third quarter of 2023, the average consumer spending on mobile apps per smartphone stood at around 5.05 U.S. dollars, marking a four percent increase compared to the 4.86 U.S. dollars spent on average by global users during the third quarter of 2022.
Finding startup monetization strategies is a pressing issue for any mobile startup owner. Before investing in MVP development you should think about how are you going to monetize your app.
In 2027, the eCommerce market is projected to reach a volume of $6.35 trillion, with a compound annual growth rate (CAGR) of 11.51%. The experts predict the fastest and constant online marketplace development in the next few years, making electronic commerce the main global retail channel.
Selling of event tickets has begun to change dramatically over the last ten years with emerging online marketplaces. What important aspects should you consider when thinking about entering this market?
Generation Z seems to have already revolutionized much in the modern flow of life and the digital world in particular.
Vibrant showcases, repetitious rows of shelves, enticing muzak, smiling assistants... A precise picture of a shopping paradise, a place where you readily change your cash for 1001 something, as if enchanted by a magic wand of a mighty wizard. Well, it seems no — not anymore.
Making money on a mobile app may be quite profitable if organized properly. According to Statista, in 2023, the annual global app downloads are expected to reach 299 billion, marking a substantial increase from the approximately 247 billion app downloads worldwide in 2020.
Amazon in the past year has produced a real boom in the financial market, when the company’s shares rose in price immediately doubled, overtaking the value of Google stock. The net revenue of Amazon.com in 2016 amounted to $136 Billion
The way you are going to earn money from mobile app will influence the popularity of your future solution. Correctly chosen app monetization model will increase the loyalty of your target customers, meanwhile, the wrong monetization strategy may make them even to delete your app.
A basic asset of any e-commerce business is commonly recognized as a highly optimized and well-designed online store. Retailers still doubt whether they need to create a mobile application that would copy their existing website. However, they definitely should do this and here is why.
