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Jessica Uelmen and Ido Green

Take Udacity's free app monetization course and learn how to effectively develop, implement, and measure your monetization strategy. Learn online with Udacity.

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What's inside

Syllabus

Start developing an appropriate monetization strategy by thinking about profitability and product/market fit from the very beginning.
Dive deeper into the different app monetization strategies. Start thinking about which strategy is most appropriate for your app.
Read more
Select and customize a monetization strategy. Set up a tracking system to monitor its effectiveness.
Learn how to eliminate roadblocks and grow your revenue with Nir Eyal, author of Hooked.
Learn how Kevin Hale got started with Wufoo (sold to SurveyMonkey).

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Explores industry standard monetization strategies including advertising, subscription, and in-app purchases
Taught by recognized industry experts including Nir Eyal and Kevin Hale
Teaches methods for developing a profitable monetization strategy from the outset
Develops a comprehensive understanding of the monetization landscape
Builds a strong foundation for learners looking to enter the field of app monetization
Requires learners to have a basic understanding of app development

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Reviews summary

No-nonsense app monetization

App Monetization is a straightforward and hands-on course for developers seeking to understand how to monetize their apps. It combines instruction with real-life examples to demonstrate effective monetization strategy development, implementation, and measurement.
Features real-world company examples
"It includes a lot of real-world companies' examples that will help you understand the concept and simultaneously see its effect."
Practical, hands-on course
"The course is simple and crisp and to the point."
"Also, some sane person once said that you can not learn marketing from books until you actually enter the market and that's where this course shines."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in App Monetization with these activities:
Learn the Basics of App Monetization
Start building a foundation for success by exploring the basics of app monetization.
Show steps
  • Watch the Udacity course videos on app monetization.
  • Read articles and blog posts about app monetization.
Review Basic Marketing Concepts
Strengthen your understanding of basic marketing concepts to enhance your app's monetization strategy.
Browse courses on Marketing Concepts
Show steps
  • Read articles and blog posts about marketing.
  • Watch videos on marketing.
Connect with Experts in App Monetization
Accelerate your learning by connecting with experts in app monetization.
Show steps
  • Attend industry events and meetups.
  • Reach out to app monetization experts on LinkedIn.
Two other activities
Expand to see all activities and additional details
Show all five activities
Discuss Your App Monetization Strategy
Enhance your understanding by discussing your app monetization strategy with peers.
Show steps
  • Join an online forum or community dedicated to app monetization.
  • Attend a workshop or meetup on app monetization.
Build an App and Implement a Monetization Strategy
Put your knowledge into practice by building an app and implementing a monetization strategy.
Show steps
  • Choose a problem to solve with your app.
  • Develop a solution and build your app.
  • Implement a monetization strategy.
  • Launch your app and track its performance.

Career center

Learners who complete App Monetization will develop knowledge and skills that may be useful to these careers:
Digital Marketing Manager
A Digital Marketing Manager develops, executes, and tracks digital marketing campaigns. These campaigns may be across a variety of channels, including social media, search engines, email, and websites. This role requires a strong understanding of digital marketing principles and best practices, as well as the ability to use data to measure and improve campaign performance. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to select and customize a strategy, set up a tracking system to monitor its effectiveness, and eliminate roadblocks to growth.
Product Manager
A Product Manager is responsible for the development and launch of new products or features. This role requires a deep understanding of the market, the customer, and the product itself. Product Managers must also be able to work with engineers, designers, and marketers to bring a product to market. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to develop an appropriate monetization strategy, select and customize a strategy, and monitor its effectiveness.
Business Development Manager
A Business Development Manager is responsible for generating new business for a company. This role requires a strong understanding of the market, the customer, and the company's products or services. Business Development Managers must also be able to build relationships with potential customers and close deals. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to develop an appropriate monetization strategy and select and customize a strategy.
Marketing Manager
A Marketing Manager is responsible for developing and executing marketing campaigns. These campaigns may be across a variety of channels, including traditional advertising, public relations, social media, and email. Marketing Managers must have a strong understanding of marketing principles and best practices, as well as the ability to use data to measure and improve campaign performance. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to develop an appropriate monetization strategy, select and customize a strategy, and monitor its effectiveness.
Sales Manager
A Sales Manager is responsible for leading a team of sales professionals and generating revenue for a company. This role requires a strong understanding of the sales process, as well as the ability to motivate and lead a team. Sales Managers must also be able to develop and execute sales strategies. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to develop an appropriate monetization strategy, select and customize a strategy, and monitor its effectiveness.
Growth Hacker
A Growth Hacker is responsible for using data to drive growth for a company. This role requires a strong understanding of data analysis and experimentation. Growth Hackers must also be able to develop and execute growth strategies. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in app monetization strategies, including how to develop an appropriate monetization strategy, select and customize a strategy, and monitor its effectiveness.
Data Analyst
A Data Analyst is responsible for collecting, analyzing, and interpreting data. This role requires a strong understanding of data analysis techniques and tools. Data Analysts must also be able to communicate their findings to stakeholders in a clear and concise way. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in data analysis, including how to collect, analyze, and interpret data.
Consultant
A Consultant provides advice and guidance to clients on a variety of business issues. This role requires a strong understanding of business principles and best practices. Consultants must also be able to communicate effectively and build relationships with clients. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in business principles, including how to develop and execute a business plan.
Entrepreneur
An Entrepreneur is someone who starts and runs their own business. This role requires a strong understanding of business principles and best practices. Entrepreneurs must also be able to take risks and make decisions. The App Monetization course can help you develop the skills you need to succeed in this role by providing you with a foundation in business principles, including how to develop and execute a business plan.
Investor
An Investor provides capital to businesses in exchange for a stake in the company. This role requires a strong understanding of financial markets and investment principles. Investors must also be able to evaluate investment opportunities and make decisions. The App Monetization course may be helpful for this role by providing you with a foundation in business principles, including how to develop and execute a business plan.
Financial Analyst
A Financial Analyst provides financial advice and guidance to clients. This role requires a strong understanding of financial markets and investment principles. Financial Analysts must also be able to communicate effectively and build relationships with clients. The App Monetization course may be helpful for this role by providing you with a foundation in financial principles, including how to analyze financial statements and make investment decisions.
Accountant
An Accountant prepares and maintains financial records for businesses. This role requires a strong understanding of accounting principles and best practices. Accountants must also be able to communicate effectively and build relationships with clients. The App Monetization course may be helpful for this role by providing you with a foundation in financial principles, including how to prepare and maintain financial statements.
Lawyer
A Lawyer provides legal advice and guidance to clients. This role requires a strong understanding of the law and legal principles. Lawyers must also be able to communicate effectively and build relationships with clients. The App Monetization course may be helpful for this role by providing you with a foundation in business principles, including how to understand and negotiate contracts.
Teacher
A Teacher provides instruction to students. This role requires a strong understanding of the subject matter and teaching principles. Teachers must also be able to communicate effectively and build relationships with students. The App Monetization course is not relevant to this role.
Doctor
A Doctor provides medical care to patients. This role requires a strong understanding of medicine and medical principles. Doctors must also be able to communicate effectively and build relationships with patients. The App Monetization course is not relevant to this role.

Reading list

We've selected 21 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in App Monetization.
Provides a framework for developing and testing your app ideas quickly and efficiently. It must-read for anyone who wants to launch a successful app.
Must-read for any entrepreneur or business leader who wants to develop a winning strategy.
Provides a framework for understanding how disruptive technologies can impact businesses. It valuable resource for anyone who wants to stay ahead of the curve in the app market.
Provides a unique perspective on the challenges and opportunities of building a successful startup. It must-read for anyone who wants to think big and create a truly innovative app.
Provides a timeless set of principles that can help you market your app effectively. It is essential reading for anyone who wants to build a strong brand and reach a wider audience.
This classic text on military strategy is also a valuable resource for entrepreneurs. It provides insights into how to plan and execute a successful campaign.
Practical guide to running a successful business. It provides advice on how to hire the right people, build a great product, and market your business effectively.
Classic work on small business management. It provides a framework for understanding the different stages of a small business's life cycle.
Provides a no-holds-barred look at the challenges and rewards of building a successful startup. It must-read for anyone who wants to be prepared for the ups and downs of the entrepreneurial journey.
Marketing classic. It provides advice on how to create a product or service that is so remarkable that people will talk about it.
Fascinating look at the science of habit formation. It provides insights into how we can change our habits and improve our lives.
Provides a practical guide to building and launching successful products. It valuable resource for anyone who wants to learn how to use the Lean methodology to create innovative apps.
Save
Groundbreaking look at motivation. It provides insights into what really motivates people and how we can create more motivating environments.
Practical guide to developing the skills of a disruptive innovator. It provides tools and techniques for identifying and developing new opportunities.
Provides a framework for understanding the challenges of taking your app from early adopters to mainstream success. It valuable resource for anyone who wants to build a sustainable app business.

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