Mobile ads are hot.

Cost of acquiring mobile users was down in March as people download fewer apps

After rising in February, the cost to acquire a loyal mobile user has gone down.

According to marketing technology company Fiksu, that number fell to $3.21 in March. That’s down 7 percent from February. However, the number of apps downloaded in the top 200 free iOS apps — which was at 7.6 million downloads — also fell 7 percent from February  2016 and 11 percent from the same period last year.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.