FREEMIUM MODEL
Accelerate your business with these expert tips on the "Freemium Model" - take a look and discover this TIP!
Very good model to launch and get customers to try!!!
This model of monetising a business is based on offerfree of charge, a product or service to users so that they become aware of it and incorporate it into their lives.
However, some of the functionalities of the product or service are limited and require a subscription fee to fully enjoy them.
This model is popular among entrepreneurs, especially those in the Startups in their first steps, such as Dropbox.
Once you decide that your application or software is free to start withIt is important to define what extra content and/or functionalities are included so that the customer is willing to pay. You have 10 times more chances of download by making your app free than paid.
The need is to have a very large volume of users in order to be able to attack with confidence and focus on growth:
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