Guidelines to monetize consumer apps: measuring monetization feature impact

Monetizing freemium apps involves three main approaches: goal-based features, self-expression, and ads. Goal-related features typically have the highest impact, with their potential depending on the genre of the app and the importance of the goals to users. Self-expression features often appeal more to women and younger audiences, offering potential revenue comparable to ads, though not significantly higher. Introducing too many features can lead to cannibalization, where features compete against each other, potentially reducing overall revenue. Experimentation is crucial to finding the optimal balance between feature implementation and monetization, considering factors like the hardness of gates and user retention. The guidelines provided are based on past experiences and serve as a framework for estimating monetization impacts, yet the success of features also depends on their implementation, context, and communication to users.