What is monetization in web development?

What is Monetization Definition: In web development the term monetization is used to refer to the ability to generate an income through a website or blog. Monetization can be by affiliate programs, e-commerce, owning premium content, by advertising, or by any other form of revenue generation.

What is monetization in banking?

Monetization ( also spelled monetisation in the UK) is, broadly speaking, the process of converting something into money. The term has a broad range of uses. In banking, the term refers to the process of converting or establishing something into legal tender.

What is an example of a monetization model?

A different example of a monetization model is when a previously free or public asset is turned into a profit center. For example, a free parking lot is converted into a paid one. Monetization converts otherwise non-revenue-generating items or activities into cash flows and often arises through identifying new or novel income sources.

Is monetization a problem in the app market?

Another issue that always comes up as it relates to the app market is monetization. It's a game design and monetization strategy that's likely to become more common as online games-as-a-service struggle to stay relevant and interesting over time.