monetization

Monetization is the process of generating revenue from a product, service, or asset. It involves converting something of value—such as a website, app, or content—into a source of income. Common methods include advertising, subscription fees, selling products or services, or licensing content. Essentially, monetization turns a useful or attractive offering into a way to earn money, allowing businesses and creators to sustain their operations and grow. It’s a key strategy for turning investments and efforts into financial returns in various industries.