Freemium


Topic | v1 | created by janarez |
Description

Freemium, a portmanteau of the words "free" and "premium", is a pricing strategy by which a basic product or service is provided free of charge, but money (a premium) is charged for additional features, services, or virtual (online) or physical (offline) goods that expand the functionality of the free version of the software. This business model has been used in the software industry since the 1980s.


Relations

subtopic of Business model

A business model describes the rationale of how an organization creates, delivers, and captures value...


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Resources

cons given in Why I'm Leaving Medium

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Future of freemium format for digital media. Why leave Medium?