Definition: Freemium Model is a business model used by online companies in which users get the basic product or service for free and must pay for additional services. In other words, it is a "try before you buy" business model and experience to the users. |
More on business strategy: 3C's Model of Ohmae, Ansoff Matrix, Business Continuity Planning, Business Model, Business Model Canvas, more on business strategy... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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