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
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 modelfreemium strategysubscription revenue model
Solution
The business model that 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 is the "freemium strategy".
Similar Questions
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
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
Which of the following allows a company to charge a price premium? 0 a. Development of scalable and replicable product 0 b. Product innovation 0 c. Economies of scale 0 d. A and B only 0 e. A B and C
________ pricing is a very simple approach. A company figures out how much it costs to make a product or deliver a service and then sets the price by adding a profit to the cost.Group of answer choicesprice basedrevenue basedexpensecost based
Which of the following is another name for a revenue model?Group of answer choicesfinancial modelbusiness strategybusiness modelfinancial statements
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.