Companies can consider several alternative revenue models for sustainable growth. These include subscription models, where customers pay a recurring fee to access a product or service. Freemium models, where basic services are provided for free, but premium services are charged. Advertising models, where revenue is generated through ads. Licensing models, where companies charge for the right to use their intellectual property. Transaction fee models, where companies charge a fee for each transaction made through their platform. And lastly, data selling models, where companies sell data they have collected to other businesses.
What is the most effective revenue model or monetization strategy for your organization? This presen...
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