You can also follow the same monetization method after video editing app development like Magisto follows. There are plenty of ways by which you can earn profit from an application. But the two most popular ways to make money via an app are listed below.
In-app Advertisement After video editing app development, under this monetization method, you can charge companies or individuals to display advertisements within your application. In-app advertisements allow people to target potential customers with high-end data tracking of user’s behavior. Being one of the most popular forms of mobile marketing, this method of monetization can open several opportunities to create a win-win situation for you and the marketers.
Freemium Magisto, like several other video editing apps, follow this method of monetization for their earnings. It is a very popular monetization method for applications that are providing services to people. Under this, the video editing apps like Magisto are allowed to monetize a part of their services which enhances the portion they offered for free in the first place. The process seems similar to giving temptation before starting to capitalize.