Your Cutting-Edge business Resource

reverse business address lookup Article

   business Navigation

Online Business
Online Business Video Directory
Personal Business Cards
Reverse Business Address Lookup

Below, you'll find extensive information on leading reverse business address lookup articles and products to help you on your way to success.

The Freemium Business Model
By John Kelwin
Freemium model was articulated by venture capitalist Fred Wilson in March of 2006. This model works by offering the basic services of a as free, and charging a premium for the advanced and special features.

This what he said while introducing the model

"Give your service away for free, possibly ad supported but maybe not, acquire a lot of customers very efficiently through word of mouth, referral networks, organic search marketing, etc., then offer premium priced value added services or an enhanced version of your service to your customer base."

The word Freemium is a combination of the two important aspects of the model, namely free and premium. This type of model has gained a lot of significance with the Web 2.0 companies.

The basic idea behind this model is that a company provides its customer with a free service initially. This will definitely lead to publicity through referral networks mouth publicity etc and grow the customer base. And when the customer/customers comes back the company offers the customer a premium priced value added service.

A Freemium rate is the ratio between free services offered and the fee services (paid services).

The Freemium model of is an idea of offering a version of something absolutely free when there are other fee-based premium versions of the same product are available, as

well. The idea to provide a free version is to make the lowest possible barrier of adoption. The aim is to achieve as well as increase the number in customer base, maintain a loyal and trustful relationship and transfer some of these customers to the fee-based versions.

A venture can earn huge profits by using Freemium model, if used promptly and accurately. To gain profits, a should have a lifetime customer base of premium paying customers, which accumulates to a cost that is higher than the cost of production, development, distribution and the marketing of the free as well as the paid products. This can be achieved, if the marginal cost of production, distributing, marketing, etc of the free version is near zero. This will create a large customer base and there will be a transfer from the free premium versions to fee-based versions. The control mechanisms of the should be strong enough and in place to preserve the premium value from reduction in the competitive market.

The Freemium modelís finds its use on the internet also and it has gained a lot of popularity among the start-ups. Internet provides low-cost marketing and a distribution medium for the digital products and data line, eBooks, software, videos, music and virtual goods. At the same time, it also offers the customers to acquire referral networks, word of mouth and low cost search marketing.

John Kelwin is a renowned business entrepreneur in U.S. He offers various business solutions to the needy people on the internet. His Freemium business model has boomed in the current market. Learn the appropriate logistics and prove yourself in the todayís competitive world by using his unusual business techniques.


We strive to provide only quality articles, so if there is a specific topic related to business that you would like us to cover, please contact us at any time.

And again, thank you to those contributing daily to our reverse business address lookup website.

Additional Related Resources      
A Business Letter Of Intent Is A Legal Document & Not One To Be Messed With
By Peter Kirkham
Representing a memo, a business letter of intent contains the details of a 'business deal' between two or more parties and includes the supply of products & servicesA business letter of Read more...
Costs Of Hiring The Business Law Attorney
By Audrey Jenna
Everyone who has already hired a business law attorney will tell you that legal services are not cheap. So, before hiring a lawyer, you should ask yourself how much you are willing to pay for the Read more...
Best Home Business Ideas - Brewing A Pot Of Business Ideas, Want A Cup?
By Yaz Tal
Business ideas these days are a dime a dozen. With the popularity of the internet, and along with the internet, comes the wave of honest and dishonest people. With every wave of business ideas Read more...
Why Business Executives Prefer Booking Melbourne Serviced Apartment
By Alex Ausstin
Booking a serviced apartment during your stay at Melbourne is the best decision. However, you need to find out the best available options within your budget. There are a few primary attributes that a Read more...
© 2006 VR-Businessworld.com. All rights reserved. business