The freemium business model is considered a pricing strategy. A basic product or service (typically a digital offering such as software, media, games, or web services) is provided free of charge. At the same time, more [..]
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The Freemium business model has been around since the 1980s, but it has recently gained more popularity. The basic premise is that a company will offer a free version of its product or service, but the company will also [..]
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In 1994, a successful hedge fund executive on Wall Street started Amazon with a vision to deliver books to people around the world. He essentially turned the idea of a bookstore into an internet based business model. His [..]
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Why should you have a business model, and which one should you use? A business model is the design and framework of your enterprise. It factors your target customer or customer base, revenue streams, financing, and whether [..]
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The 21st century has been the age of tech. Computers, tablets, phones, electronics — the list goes on. Perhaps one of the most powerful industries in tech is the gaming world. Video games, whether you like them or not, [..]
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Along with technological advances, businesses have evolved accordingly in an increasingly global marketplace. This has made the rise in internet based businesses that operate in the real world possible. As an entrepreneur, [..]
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There are many benefits to creating a business model, even if you’re not looking for investors. For example, setting up a business model helps you stay on target when setting up a company or revamping it. These [..]
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In the digital world, Uber’s business model has been copied repeatedly. As a ride-sharing company, Uber is part of an emerging business sector that has changed the transportation industry. Uber is among the top [..]
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Why should you have a business model, and what one should you use? A business model is the design and framework of your enterprise. It factors your target customer or customer base, revenue streams, financing, and [..]
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A subscription-based business model is a type of business model that is based on the idea of charging a customer a monthly or annual fee for the use of your product or service. This is a model that benefits both the [..]
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