10.2 Generating Revenue From "Free"

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21 Terms

1

What has become a popular way to encourage customer adoption?

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2

Freemium Revenue Model

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3

In this model, what do businesses create?

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4

What are these two versions?

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5

Low-end version

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6

high-end version

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7

Example of Freemium Revenue Model

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8

What is the freemium model most viable for?

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9

Why?

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10

What is the key to a sustainable revenue model involving “free”?

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11

Companies running freemium models need to be constantly focused on what?

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12

Freemium to Premium

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13

ChatGPT

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14

LinkedIn

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15

Spotify

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16

Canva

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17

What is another type of free financial model?

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18

Direct Cross-Subsidies

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19

Example of Direct Cross-Subsidies

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20

Why does cross-subsidization attract customers?

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21

Ideas for Direct Cross-Subsidies

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