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PREVIOUS:Giving users in-app incentives in return for interacting with advertisements is known as reward-based advertising, and it's a common method of making money. This can involve getting in-app benefits, unlocking premium content, or earning virtual currency by watching a video advertisement. Developers can boost ad engagement while giving users something of value by introducing reward-based advertising. This tactic works especially well with mobile games since players are frequently ready to interact with advertisements in order to receive in-game rewards. Developers must carefully balance the incentives offered with the effort users must put forth to interact with the ads when implementing reward-based advertising. It's crucial to make sure the prizes are worthwhile enough to encourage user participation without being overly lavish & undermining in-app purchases or premium content.NEXT:Developers have to strike a balance between generating income and offering their users a satisfying experience. Offering valuable content or features through in-app purchases or subscriptions can create a mutually beneficial situation where users are willing to pay for additional value within the app. To maximize revenue potential, it is ultimately crucial to comprehend different in-app monetization strategies & match them with the app's value proposition and target market. Combining in-app purchases & ad revenue is one of the most popular strategies to monetarily support mobile apps. The app can display banner ads, interstitial ads, native ads, and rewarded videos, among other ad formats, to generate revenue.

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