logo

Unlocking Revenue: Mastering Subscription Models in Mobile Apps

As most people can attest, the dynamic environment in the mobile app industry is something that must be addressed through hard work and fast business model innovation to secure a consumer’s revenue stream. Introduce subscription models-a revenue stream that is disrupting how apps make money. The question remains how to employ the best subscription model to attract and retain users? It is time to discuss shades of subscription and find out how Chaintech Network can help you navigate through all of them.  

What Makes Subscription Models So Effective?

Paid ways of monetizing apps allow users to gain access to additional functionality of the application or its content for a regular fee. This could be weekly, monthly, or annually, as agreed by the owners of the vehicles involved. Surprisingly, subscriptions are an even more attractive business model than one-time purchases because they generate a constant inflow of money. Imagine utilizing subscription services in your application, as the subscription-based application experiences 30% better lifetime value from the user than the app, which bases its revenue on advertisements or one-off sales. This statistic makes it quite clear that subscriptions hold a lot of monetary promise.  

Crafting an Irresistible Subscription Strategy

  • Understand Your Audience

    In preparation for the shift to subscriptions, the determination of what users hold in high esteem is important. Are you able to offer some unique content, remove all ads, or provide users with some extra functionalities? Ensuring subscriptions reflect the actual interests of the users increases the chances of subscribing to the services provided.
  • Tiered Pricing

    Having many subscription types of service to a wider number of individuals. Such as the option for a standard plan for generally used accounts and a pro plan for heavy account users. But how do you set these tires fairly? At the same time, there are components of market research and the post-purchase perception of value.
  • Free Trials

    Enable users to have glimpses of the various features of the application free of charge. It does have a reinforcing value, which in turn helps in the establishment of trust. Indeed, apps that provide a free trial tend to gain 25% more subscriptions than paid ones.
  • Seamless Onboarding

    The process of simply signing up to be a subscriber is one of the most important aspects that determines the success of a firm. Make it as simple, clear, and noticeable as possible that the primary opportunity that costs money is the subscription.  

Chaintech Network: We Help Your Company Succeed with Subscriptions  

The issue of subscription models as a phenomenon is vast and may be confusing when a person decides to engage in them. That is where Chaintech Network comes into play. Since its inception, in addition to client-side app deployment strategies and in-app purchasing strategies, we have developed plans that have appealed to your target market.    

Why choose Chaintech Network?  

  1. Customized Strategies: Here we have based our argument on your strategy, approach, or plan, and I do not think that if one believes in the concept of ‘fit’, one can make a Java mug fit into a strategy,  approach, or plan’ aperture that was not designed to accommodate a Java mug. With an intricate comprehension of your app and its audience, we come up with the right subscription strategies for you.
  2. Seamless Integration: Lack of a program guide can suppress a potential audience. It is made to work seamlessly with the subscription mechanism of your application and is easy to use.
  3. Continuous Optimization: There has been an emergence of technological advancement, and its impact varies daily. With our help, you keep your subscribers’ strategies under control and help them stay on track.
  4. Transparent Reporting: Get updated with vivid reports about the subscription service, users’ activity, and revenue figures. That is the essence of knowledge, isn’t it? It brings power.  

Overcoming Challenges in Subscription Models

  1. Regular Content Updates

    Updates should be done frequently to ensure that end users don’t get bored with the app and recommend it to others. It helps maintain the current customers and gain additional customers.
  2. Feedback Loops

    Engage with your users. Get to know their concerns and choices. Incorporating feedback fosters loyalty.
  3. Flexible Cancellation Policies

    When the opportunity is granted flexibility, it is likely to alleviate concern. For example, if the product or service has a ‘no questions asked’ return policy on the second sign of dissatisfaction, then users are likely to be more receptive to subscriptions.  

Delving into Subscription Models

There are several reasons why the mobile app market is increasingly embracing subscription models. These models offer reliable and predictable revenue streams, foster customer loyalty, and ensure ongoing engagement. The challenge, however, lies in determining the most effective way to implement them. 

Unlocking the Power of In-App Advertising with Chaintech Network

In the brand-new digital age, reaching your target audience efficiently is paramount for business achievement. In-app advertising offers a beneficial avenue to interaction with customers who spend a large amount in their time - on their Mobile gadgets. At Chaintech Network, we specialize in maximizing the capability of In-App Advertising to raise your brand's visibility and force conversions.

How can Chaintech Network assist you? Our group of professionals harnesses cutting-edge generation and facts-driven techniques to deliver tailored In-App Advertising answers that resonate along with your target audience. From specific concentrated to captivating creatives, we make certain that your message sticks out amidst the digital noise.

Choosing Chaintech Network as your accomplice gives several benefits. Experience seamless integration throughout diverse app structures, obvious reporting for clean insights into marketing campaign overall performance, and unheard-of aid each step of the manner. With Chaintech Network, you could expect unheard-of ROI and extraordinary consequences.

Unlock Your Brand's Potential with Chaintech Network

Are you equipped to enhance your advertising efforts to noticeably better stages? Get in touch with us right now to learn more approximately the approaches wherein Chaintech Network can beautify the presence of your corporation within the virtual sphere. To take your in-app marketing to the subsequent stage, permit work collectively.

Ad IntegrationAd Integration
Ad MediationAd Mediation
User Ad ExperienceUser Ad Experience
Our Approach

Your Partner from an Idea to Growth fuelled by Innovation.

requirement-gathering01

Mastering Requirements

Navigating through an array of ideas, plans, and goals, we prioritise clarity to align visions and expectations, ensuring everyone's on the same page.

UI/UX02

Designing Dreams

We craft engaging UI designs, creating wireframes and mockups of high varieties for an intuitive and captivating user experience.

prototype-demo03

Bringing Ideas to Life

With your design greenlight, we refine the vision, inviting you to explore the potential through a hands-on prototype demonstration.

changes-confirmation04

Tweaks and Confirmation

Your feedback is our blueprint. Share your vision adjustments and feedback at every step, and we'll fine-tune the details, moving forward only with your nod.

development05

Tailored Development

Post-approval, we embark on the development journey, employing the finest technologies to craft your bespoke solution.

deployment06

Seamless Deployment

Your project's final lap includes comprehensive testing, UAT, training, and a grand unveiling, all tailored to ensure a flawless launch.

support-and-maintenance07

Reliable Support

We offer unwavering support and maintenance, tailored to your needs, ensuring your solution remains at its peak performance.

seo08

Continuous Product Ideation

Constantly gathering insights, and exploring new market possibilities, we ensure your product evolves to meet ever-changing market demands.

requirement-gathering01

Mastering Requirements

Navigating through an array of ideas, plans, and goals, we prioritise clarity to align visions and expectations, ensuring everyone's on the same page.

UI/UX02

Designing Dreams

We craft engaging UI designs, creating wireframes and mockups of high varieties for an intuitive and captivating user experience.

prototype03

Bringing Ideas to Life

With your design greenlight, we refine the vision, inviting you to explore the potential through a hands-on prototype demonstration.

Changes And Confirmation04

Tweaks and Confirmation

Your feedback is our blueprint. Share your vision adjustments and feedback at every step, and we'll fine-tune the details, moving forward only with your nod.

Development05

Tailored Development

Post-approval, we embark on the development journey, employing the finest technologies to craft your bespoke solution.

Deployment06

Seamless Deployment

Your project's final lap includes comprehensive testing, UAT, training, and a grand unveiling, all tailored to ensure a flawless launch.

Support And Maintenance07

Reliable Support

We offer unwavering support and maintenance, tailored to your needs, ensuring your solution remains at its peak performance.

seo08

Continuous Product Ideation

Constantly gathering insights, and exploring new market possibilities, we ensure your product evolves to meet ever-changing market demands.

Business Friendly Hiring Models

Discover our flexible hiring models, tailored to fit your needs and budget. Choose your perfect match!

fixed-price

Fixed Price Model

Our Fixed Price Model guarantees clarity on costs and outcomes, ensuring your project stays on budget and on - target.

  • Predefined Scope
  • Set Price
  • Milestone Payments
  • Limited Flexibility
  • Risk Management
Time Material

Time Sharing Model

Maximize Value, Minimize Cost - Offering exclusive access to premium services and resources, tailored to your schedule.

  • Predetermined User Access
  • Scheduled Resource Usage
  • Cost Efficient
  • Timeline Flexibility
  • Seamless Service Management
Dedicated Team

Dedicated Team Model

Your Project, Our Team - A Dedicated Partnership for Unmatched Focus and Flexibility.

  • Exclusivity of Resources
  • Long Term Scope
  • Control Over Approach
  • Budget Friendly
  • Collaborative
Fixed Price

Fixed Price Model

Our Fixed Price Model guarantees clarity on costs and outcomes, ensuring your project stays on budget and on - target.

  • Predefined Scope
  • Set Price
  • Milestone Payments
  • Limited Flexibility
  • Risk Management
Time Material

Time Sharing Model

Maximize Value, Minimize Cost - Offering exclusive access to premium services and resources, tailored to your schedule.

  • Predetermined User Access
  • Scheduled Resource Usage
  • Cost Efficient
  • Timeline Flexibility
  • Seamless Service Management
Dedicated Team

Dedicated Team Model

Your Project, Our Team - A Dedicated Partnership for Unmatched Focus and Flexibility.

  • Exclusivity of Resources
  • Long Term Scope
  • Control Over Approach
  • Budget Friendly
  • Collaborative

Your industry, our expertise

Explore how our specialised services cater to diverse industries.

Aerospace

aerospace

Agriculture

agriculture

Construction

construction

E-commerce

ecommerce

Education

education

Engineering

engineering

Fashion

fashion

Finance

finance

Health care

healthcare

Insurance

insurance

Logistics

logistics

Manufacturing

manufacturing

Mining

mining

Oil & Gas

oil-gas

Pharma

pharma

Retail

retail

Telecom

telecom

Transport

transport

Aerospace

aerospace

Agriculture

agriculture

Construction

construction

E-commerce

ecommerce

Education

education

Engineering

engineering

Fashion

fashion

Finance

finance

Health care

healthcare

Insurance

insurance

Logistics

logistics

Manufacturing

manufacturing

Mining

mining

Oil & Gas

oil-gas

Pharma

pharma

Retail

retail

Telecom

telecom

Transport

transport
contact-form

Let’s Create Invincible Products Together!

Curious about anything? Feel free to leave a message below. We'll reach out promptly.

Budget
flag
+91
contact-form

Select a file

JPG,PNG or PDF, file size not more than 10MB
contact-form

Choose How We Work Together

contact-form

100% Transparency

contact-form

Expertise You Can Trust

contact-form

Technical Support

contact-form

On Your Schedule