One of the chinese android oem manufacturers wants to license my app and they have asked me about my business model for app licensing. The problem is i have no idea how app licensing works and what would be the proper pricing for license of my app. I would be glad if you can give some insights about it.
PS: They have asked business model for both pro and lite version.
Here is the app in question.
https://play.google.com/store/apps/details?id=com.lyrebirdstudio.colorme