With the increased usage of smartphones, dating has become digital. Currently, several dating apps are in existence that help people to find their perfect match. Among them, Tinder is one of the well-established apps. This is one of the main reasons entrepreneurs get inspired to create the Tinder clone app.
Concentrating on monetization strategies is as important as the app development process. The Tinder like app has some sources to earn revenue. Let us see the standard revenue models in which you can get a good profit from your app.
Subscription-based revenue model
You can offer service access free for a limited time and charge the users monthly or yearly. This model is widely used in many social dating apps. Also, you can give rewards if the users renew their subscription and avail of the subscription plan regularly.
You can let the users unlock a new font style, GIFs, smileys, and similar features by paying a certain amount of money. They will purchase if they find them appealing. This is one of the good constant sources of income.
You can integrate your app with third-party services such as ticket bookings, restaurant table reservations, flower delivery, chocolate delivery, and much more as the app users avail these services with ease. Thereby, you can charge the third party based on the order they receive via your app.
Choosing the right monetization strategy will enhance your business growth with the Tinder clone app. We suggest that instead of preferring one revenue model, you can go with following all the common income-generating strategies. So, if one revenue model does not make sufficient profit, the other model will balance the profit.