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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

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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".

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