Why Getjar's Business Model is so successful?
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Getjar’s Company Overview
GetJar, founded in 2004, is a mobile app discovery platform that revolutionizes the way users access and download mobile applications. Positioned as one of the earliest app marketplaces, GetJar offers a vast array of applications across different categories, catering to a diverse user base. The platform supports various mobile operating systems, providing a one-stop-shop for users seeking a wide range of apps.
The company is best known for its now-defunct GetJar Gold virtual currency and its GetJar Rewards network. GetJar's primary focus is on offering consumers a wide range of free apps to choose from. The company boasts of having over 849,036 mobile applications for Android, BlackBerry, Windows Mobile, and other platforms. To date, GetJar has achieved over 2.2 billion downloads. GetJar was the first app store to cross the one billion downloads mark. The company has also worked with major brands and advertisers to offer exclusive free apps to consumers, such as Gameloft's Let's Golf 2 and Glu Mobile's Call of Duty: Modern Warfare 2.
GetJar's business model revolves around being a mobile app distribution platform. It acts as an intermediary between app developers and users, providing a centralized marketplace for discovering and downloading mobile applications. The platform employs a freemium model, allowing users to access a multitude of free apps while also offering premium or paid applications. GetJar focuses on creating a dynamic ecosystem where app developers can showcase their products, and users can explore, download, and share applications seamlessly.
Advertising and partnerships with app developers primarily drive GetJar's revenue model. The platform leverages in-app advertising, featured placements, and promotional opportunities for app developers to showcase their products prominently. Through strategic collaborations with developers and advertisers, GetJar monetizes its platform. The freemium model ensures a balance between offering free content to users and generating revenue through premium app offerings and advertising opportunities. This dual approach sustains GetJar's position as a prominent player in the mobile app distribution landscape.
Headquater: San Mateo, California, US
Foundations date: 2004
Company Type: private
Sector: Technology
Category: Software
Digital Maturity: Digirati
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Getjar’s Business Model Canvas
- GetJar partnered with Sprint to integrate the GetJar catalog of applications onto the Sprint PCS
- Sprint PCS Vision smartphones
- smartphone portfolio via a custom developed version of the GetJar application for Sprint
- Sprint PCS Vision smartphones
- smartphones
- marketing
- software development
- maintenance
- software distribution
- customer service
- billing
- business development
- community management
- traffic acquisition
- traffic monetization
- operations
- integrations
- GetJar provides more than 800.000 mobile apps for major mobile platforms including Android and iOS
- The company distributes more than 350.000 mobile applications across a variety of operating systems
- GetJar Gold was announced in 2011 and is a loyalty program where users can earn Gold virtual currency by trying free apps recommended for them
- To make the mobile internet available to billions of people who would otherwise not be able to experience it
- To help developers monetize their apps and grow their businesses
- To provide consumers with free and low-cost app choices
- To help operators and device manufacturers to differentiate their products and drive data revenues in emerging markets
- To make the mobile internet available to everyone everywhere
- Free
- Freemium
- Adware
- advertising
- self-service
- automated
- online
- word-of-mouth
- community
- users get paid for sharing apps and making them popular
- social
- App developer forums
- App developer blog
- Mobile app users
- Advertisers
- Developers
- Website
- Mobile website
- GetJar's app for Android
- GetJar's app for Firefox Mobile
- GetJar's app for iOS (iOS version 4.2.1 and above)
- GetJar's app for webOS
- GetJar's app for Bada
- GetJar's app for Kindle Fire
- GetJar's app for Nook
- GetJar's app for Tizen
- GetJar's app for Firefox OS
- GetJar's app for Ubuntu Touch
- GetJar's app for Sailfish OS
- GetJar's app for PlayStation Vita
- GetJar's app for PlayStation TV
- GetJar's app for PlayStation 4
- GetJar's app for PlayStation VR
- GetJar's app for PlayStation Classic
- GetJar's app for PlayStation Network
- platform development
- maintenance
- IT infrastructure
- teams
- sales
- marketing
- innovation
- R&D
- Free apps
- Paid apps
- Advertising
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Try it freeGetjar’s Revenue Model
Getjar makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Advertising
- Online marketplace
- Customer data
- Ecosystem
- Freemium
- Open-source
- Open innovation
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Two-sided market
- Ecosystem
- Customer relationship
Getjar’s Case Study
Getjar's CASE STUDY
In an industry teeming with competition and innovation, standing out is often easier said than done. However, one company has consistently been a trailblazer in the mobile app marketplace: GetJar. Founded in 2004, GetJar has not merely adapted to changes; it has driven them. This case study examines how GetJar’s unique strategies and business model led it to become a prominent player in the mobile app distribution landscape.Early Days and Revolutionary Vision
When GetJar first entered the scene, the concept of an app store was still nascent. Unlike its future giants like Apple's App Store and Google Play, GetJar had the first-mover advantage, offering a platform where users could discover and download mobile applications. The early vision of GetJar was simple yet groundbreaking: making mobile internet accessible to billions of users who otherwise wouldn’t have access. "We aimed to democratize the mobile internet," said Ilja Laurs, the founder of GetJar. "Providing an open platform that supports multiple OS types was a key component of our strategy."Diverse App Offering
The diverse catalog—owing to partnerships with developers across various platforms—has always been GetJar’s unique selling proposition. By 2023, the company boasts over 849,000 mobile applications and has achieved more than 2.2 billion downloads. This extensive library was not limited to a single operating system but spanned Android, BlackBerry, Windows Mobile, and more (GetJar, 2023). One pivotal moment came when the platform crossed the one billion downloads mark, long before several of its competitors. This milestone was not just a numerical achievement but a validation of GetJar’s approach to inclusivity and widespread accessibility.Freemium and Reward Systems
GetJar has effectively employed a freemium business model, allowing users to access a broad array of free apps while also offering premium or paid applications. This model was empowered further through GetJar Gold, a virtual currency announced in 2011, where users earned Gold by trying free apps recommended for them. This loyalty program fostered a sense of community and engagement that extended beyond mere downloads. Additionally, the GetJar Rewards network allowed users to enjoy premium apps for free through attention-based advertising. For example, users could get exclusive access to popular titles like Gameloft's Let’s Golf 2 and Glu Mobile's Call of Duty: Modern Warfare 2—a compelling value proposition that drove user adoption and retention rates through the roof.Strategic Partnerships and Advertising
GetJar's revenue model is significantly bolstered by partnerships with major brands and advertisers. A noteworthy example is their collaboration with Sprint, integrating GetJar's extensive catalog onto Sprint’s smartphones. This move not only expanded GetJar's user base but also provided a seamless experience tailored to Sprint’s customers. Such strategic collaborations highlight GetJar’s ability to integrate its platform deeply with other stakeholders in the tech ecosystem. Moreover, advertising and featured placements on the platform act as substantial revenue generators. For instance, GetJar leverages in-app advertising and promotional opportunities that enable developers to showcase their products prominently, driving both visibility and downloads.The Ecosystem Approach
GetJar's diverse revenue streams are not its only strengths. The company has focused on developing a dynamic ecosystem where both app developers and users thrive. This two-sided market strategy is backed by strong community management, developer forums, and blogs. These touchpoints ensure that developers feel supported and valued while users benefit from the improved quality and variety of apps. "We knew we had to create an environment where developers could not only showcase their work but also monetize effectively," said Laurs. "This has always been a cornerstone of our business model."A Commitment to Social Impact
While business objectives have driven much of GetJar's strategies, the company has not lost sight of its social responsibilities. The mission to make mobile internet available to billions has a pronounced social impact. By offering mostly free applications, GetJar has made information, connectivity, and entertainment accessible to people who might not be able to afford premium services. According to Harvard Business Review, companies that balance profit-making with social good often see sustainable growth (Porter & Kramer, 2011). GetJar’s model aligns perfectly with this notion, making it not just a business success but also a socially responsible venture.Future Prospects
As the tech landscape continues to evolve, GetJar’s adaptive strategies and inclusive approach position it well for future success. The platform is poised to explore newer monetization avenues and expand its ecosystem even further. With a solid foundation and a clear vision, GetJar will likely continue to be a leading name in the mobile app marketplace.Conclusion
GetJar's journey from its inception in 2004 to becoming a titan in the mobile app distribution arena is a classic example of innovation, strategic planning, and social responsibility. By focusing on diversity, community, and partnerships, GetJar has created a robust and enduring platform. As we look to the future, GetJar stands as a compelling case study in mastering the art of adaptation and customer-centricity in the tech world. By blending storytelling with business case study methodology, we can appreciate the uniqueness of GetJar and how it managed to carve out a distinctive place in a highly competitive market. It’s not merely about the quantity of apps or the number of downloads; it's about a deeply rooted vision to democratize mobile internet and create an inclusive digital ecosystem. __Sources:__ 1. GetJar official statistics from GetJar.com, 2023. 2. Harvard Business Review (Porter & Kramer, 2011).If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!