Monetization Strategy

Monetization Strategy

Your monetization strategy is linked to the stage of your product’s lifecycle / business.Some startups won’t focus on monetization at all because they think it’s wrong way to generate money. Instead, they may be acquired purely on the basis of the technology they’ve built or the employee they’ve recruited.

If you’re a startup and you know very well that you’re not seeking to generate meaningful revenues until you have reached good number of users, make this decision clear and set your investment goals based upon this.

Even if you don’t have revenue generation baked into your product from day 1, it’s still worth considering what your revenue streams might be in the future. If there is a no potential path to monetization in the future this can be problem for your product and for your business.

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Around the globe, five billion YouTube videos are watched every day. YouTube is as popular as ever with users spending an average of 40 minutes per YouTube session.

In line with this digital shift, the next thing you should learn is how to make money on YouTube. All you need is video editing software and a computer and you can get started on YouTube.

For example, on Ryan’s Toy Review, young Ryan makes a whopping $22 million by playing around and disassembling toys. Not bad for playing around with gadgets.

Making money on YouTube is no longer exclusive to a select few platinum musicians or huge influencers. There are plenty of opportunities for everyday people to make money from YouTube.

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