If you’ve recently started out with the hopes of gaining brand awareness or acquiring new customers, a freemium model could serve you well. On the other hand, if you mainly want to generate revenue and increase conversion rates, other viable business models can help you achieve those goals. Freemium also thrives when used with particular services and products. High-quality products that attract a wide customer base while remaining low on cost are perfect candidates for a freemium model.
Services that people use on a consistent basis, whether for work, entertainment, or creative bosnia and herzegovina phone number data hobbies, also do well. Since you would put the emphasis on customers engaging with your product on their own, without additional customer service, also consider whether your product is intuitive to use. What Are The Best Examples of Freemium Models? If you believe that a freemium model would benefit your business, you have different options you can pursue depending on your product.
as we’ve discussed before, and users have to pay for supplementary services. You can also opt to limit the capacity for free customers to use your software, which works well if you offer storage space. If you provide services to other companies, you can create tiers for your products that focus on the size of the business using them.