Browser extensions are used by millions of people across the world to enhance their experience on the web. These tools help users save pages they like, correct typos, and enjoy special features on social media networks, just to name a few uses. Additionally, many professionals use extensions to perform daily tasks and simplify their work.
With the above in mind, extension developers have traditionally found it difficult to monetize their software. Unlike apps, consumers are not always willing to invest in a good browser extension, so developers have to find creative ways to make money from the tools they produce.
Whether you’re a developer that’s created a popular tool by coincidence or a specialist that focuses on building valuable software on a regular basis, knowing how to monetize your browser extension is crucial for your success. Let’s take a look at the best ways to develop a valuable extension and generate a profit once it becomes popular enough.
Developing Browser Extensions that Have Value
The first step to monetizing an extension is producing a piece of code that brings value to your target audience. Keep in mind that there are thousands of different ways to demonstrate value, ranging from extensions built for recreational purposes to professional tools created for business purposes.
Regardless of the niche you select, it’s important to keep in mind that valuable extensions tend to share similar qualities, which are:
Quality and Functionality
When it comes to creating a successful extension, quality and functionality should be your main areas of focus. If your browser extension is slow, doesn’t work properly, or has some other issue, users will stop using it right away. Therefore, you should ensure that all features and buttons are working properly.
In the past few years, consumers have become extremely privacy-conscious. Instead of disregarding this occurrence, extension developers should either focus heavily on creating a privacy-centric structure or be transparent about the information collected and what it will be used for in order to appease consumers.
Safety and Security
Even large corporations like Apple and Amazon have experienced severe security breaches, so internet users have also started to look at safety and security when looking for new tools. Developers have to create a safe environment so that consumers feel secure, especially if they’re offering paid or freemium extensions.
How to Monetize Browser Extensions
Now that we’ve covered the basics of developing a great extension, it’s time to go over tips on how to monetize your software. Keep in mind that all extensions and developers are different, so you’ll need to work out the specific kinks of your specific extension depending based on your circumstances.
In order to generate a profit from your extension, you should:
Identify the Best Monetization Scheme
While many developers choose to offer paid extensions, this is not the only way publishers can profit from their browser code. As a matter of fact, publishers have many different options depending on the browser they are working with.
Through their browser extensions, publishers can inject ads into third-party sites and sell traffic to DSPs like ActiveRevenue. Not only this, but you can also place ads in the extension interface or send users to the extension website and place adverts on this page, so choose the model that you’re most comfortable with.
Draw the Attention of the Segment You Want to Attract
Many developers find success through organic adoption, but you should also implement a marketing and promotion strategy to increase the number of users adding your extension.
There’s a strong chance the software you developed is part of a specific niche, so use the information you have available to develop a plan to reach your audience. This may include social media posts, paid ads, and other effective techniques that help you get noticed.
Find a Reliable Platform to Help Monetize Your Traffic
Once you have enough consistent traffic, you can reach out to the different platforms that can help you monetize users. ActiveRevenue is one of the top browser extension traffic providers because we specialize in building strong relationships with the best developers. If you’ve got a steady volume of visitors and are looking to take the next step, get in touch with us today and we’ll be happy to help.
Start Getting the Most Out of Your Browser Extensions Today
Browser extensions can greatly improve the user experience while surfing the web. But, developers also need to think about generating a profit in order to produce more software. The tips above should help you understand the different options you have and find the best monetization strategy for your extension.
Interested in learning more? Contact ActiveRevenue and we’ll be glad to help.