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A plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing.
3. 1. Add-On Model
2. Advertising Model
3. Affiliate Model
4. Auction Model
5. Bait & Hook Model
6. Direct sales Model
7. Franchise Model
8. Freemium Model
9. Internet Bubble Model
10.Low cost Model
11.Pay as you go Model
12.Recurring Model
13.Somali pirate Model
TYPES:
4. ADD-ON MODEL
• Services provided for basic fee with the goods/ services.
• CHALLENGES - Customer acquisition and Customer retention.
• product endures and makes additional money throughout your customer or client’s usage.
• Examples: Any car manufacture
Product/
Services
Services
Basic
Price