Users' growing comfort level with digital services and their desire for premium, exclusive content are driving the boom in subscription-based mobile apps. However, as consumers grow more discriminating and subscription fatigue sets in, app developers must balance making their products worthwhile with keeping users interested over the long haul. A more sophisticated, experience-driven strategy that comprehends and foresees user wants at a deeper level is required. Here are a few novel approaches that can improve retention and revenue in the subscription app market.
Emphasise "Value-Paced" Monetisation
The majority of subscription arrangements are based on a straightforward monthly or yearly charge. What if, on the contrary, the rate of monetisation matched the user's assessment of value? Consider this strategy as a "pay as you grow" model, where users pay more as they expand their usage or unlock more features. Allowing consumers to "grow into" the subscription rather than demanding a one-time payment upfront can provide a more natural revenue stream that is equitable and adaptable to users.
Leverage Behavioural Data To Craft Personalised Journeys
この記事は The Free Press Journal の November 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Free Press Journal の November 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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