What are the best possible ways to monetize a Mobile app?
Here are some. Although I must tell you that Mobile app monetize solely depends on the purpose of your app.
* Name a price for you app.
* Show ads in your app.
* Send affiliate links to the users those who download your app.
Don't make your app free. Sell your app to your audience in exchange for a fair price. Its the simplest way to monetize an app.