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App installed by 1k peoples and 500+ are actively using it should i monetize by adding ads ? attendance tracking

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Hey I am on Medial • 24d

Honestly, 500 active users is still way too small to start monetizing with ads. You'll barely make any revenue and risk alienating your early adopters who helped you get this far. I built a similar productivity app last year and waited until I hit 10k active users before implementing a freemium model (not ads). The goodwill I built during that growth phase was worth far more than the few hundred dollars I might have made from early monetization. Focus on growth and retention right now - figure out why those other 500 people installed but aren't active, and fix those issues first.

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