Premium services that cost money, with complementary basic services, is a description of which type of business model?Multiple choice question.pay-as-you-gosubscriptionwholesalefreemium
Question
Premium services that cost money, with complementary basic services, is a description of which type of business model?Multiple choice question.pay-as-you-gosubscriptionwholesalefreemium
Solution
The business model described is known as "freemium". This model provides basic services for free, while charging for premium services.
Similar Questions
In a subscription-based business model, customers pay for Blank______.Multiple choice question.premium servicean agent to sell a productactual usageaccess to a product or service
In the ________ revenue models, a firm offers some services for free but charges a subscription fee for premium services. transaction fee subscription sales affiliate free/freemium
Which of the following involves a company giving away a certain level of product or service without charge, but then charging a fee for premium levels of the product or service?Group of answer choicespremium strategyadvertising revenue modelfreemium strategysubscription revenue model
Which business model evolved from the razor–razor blade model and involves a firm providing a base product for free, then finding ways to monetize the usage?Multiple choice question.the subscription business modelthe bundling business modelthe pay-as-you-go business modelthe freemium business model
A firm uses the Blank______ business model when it sells a set of products that have different levels of demand for a price less than their total combined prices.Multiple choice question.subscriptionwholesalerazor–razor bladesbundling
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.