this post was submitted on 21 Nov 2023
1 points (100.0% liked)

Side Project

29 readers
1 users here now

A community for sharing and receiving constructive feedback on side projects.

founded 1 year ago
MODERATORS
 

I have developed an app that attracts approximately 300-500 new users per day, with a daily active user base of around 1000. However, despite this growth, I am struggling to generate revenue and cover the ongoing costs associated with the app's maintenance.

Is this app still valuable?

you are viewing a single comment's thread
view the rest of the comments
[–] knockdownzac@alien.top 1 points 11 months ago

If your stickiness index is over 30% then your app is healthy AF (Daily Active Users/Monthly Active Users).

There are multiple ways to monetize an app:

  • Adsense/Admob or other ad networks.
  • Affiliate links
  • Paid placements from companies in the same industry -> I like this one the most as it's very flexible and you're usually paid a performance fee every month.
  • Microtransactions
  • Paid version -> If there's a feature that would make your users' lives much better, then go for this, it's low effort/high reward.

If you can provide more details about the app either through here or DMs I'll be happy to help.