monetize
v. B2 Upper Intermediate US //ˈmɑnəˌtaɪz// mon·e·tize
v. to turn something into money. You use this when you find a way to earn money from a service, a skill, or a website.
v. to convert an asset, service, or activity into a source of revenue. Often involves the strategic application of advertising, subscriptions, or direct sales to a digital or creative product.
She wants to monetize her YouTube channel next year.
The startup struggled to monetize its free app until they introduced a premium subscription model for advanced features.
While the initial phase focused on user acquisition, the company eventually had to monetize its vast data set through targeted advertising to achieve long-term profitability.