In my exploration of effective monetization strategies for a dating app, I've found a few key solutions. Firstly, implementing in-app purchases like super likes, boosts, or extra swipes can be really effective. Secondly, subscription models, where users pay for premium features such as seeing who liked their profile, can also bring in steady revenue. Advertisement placements are another avenue, though they should be done subtly to avoid user irritation. Lastly, partnering with local businesses for date deals could add a unique revenue stream and enhance user experience.