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 modelsubscription revenue modelfreemium strategy
Question
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 modelsubscription revenue modelfreemium strategy
Solution
The correct answer is freemium strategy. This business model involves offering basic services for free while charging a premium for advanced or special features.
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