Countless applications and web sites are built each year all hoping to make a go of it. The truth is, most fail because they can’t find the handle on how to earn revenue. Serving ads against impressions is an old method which has seen CPM rates drop as people grow tired of them.
Perhaps you charge subscription fees, or offer a free application to get the user in then invite them to pay for a premium version.
Warranty Life offers a new way of monetizing. Here’s why it makes sense.
Most ad revenue is spent by advertisers focusing on getting people to buy things, this is where it pays. Retailer or service advertises, customers come, they make money and can pay for more ads.
Or maybe you’re a review engine, trying to sell ad impressions and get people to click on those ads, while making comments about products, or try to monetize via affiliate links, which is also old hat.
Warranty Life has recently released a new way of monetizing which can be effective on mobile applications, advertisements or web sites. It’s best use would be on product focused web sites or applications.
Warranty Life is the first company in the world to release APIs that can sell warranties. Developers can now get access and sell warranties on a variety of products. Categories include any consumer electronic device, large or small appliances, furniture, garden tools and even musical instruments.
It’s an untapped way to monetize for many applications. Traditionally, warranties are only available to be sold by the largest retailers in this $30 Billion industry. With no sign up fees and an API ready to go, Warranty Life already has several applications in the works.
If you like bar code scanning applications, check out our partnership with Scandit.