When should a product be monetized? What is the appropriate time for it?
or
How long should a product be offered for free before starting to monetize it?
Share your views in the comment.
Anonymous 2
Stealth • 1m
You gotta test the waters. Do a freemium model – keep the basic stuff free, but charge for the premium features once people are hooked. Works for Spotify, works for you
What model would you guys prefer for a service based business? A freemium model, monthly/annual premium subscription model or pay as you use model? Why?
There are 4 types of customers:
1. Price sensitive
2. Quality and price oriented
3. Quality oriented
4. Exclusivity driven
Today most of the brands are focusing on the 2nd and 3rd types of customers. Many SaaS companies offer various pricing plans
I think Spotify made itself a personal brand for every individual. Whoever I am asking which music app do you use , they mostly say 'Spotify' with confidently as they are proud of using it.
Anyone with the same? It is just my pov.
Which music ap
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2 replies3 likes
PRATHAM
Stealth • 9m
Music app like Spotify are the worst. Can't even peacefully enjoy music without premium subscription. It's just shit AF. Really the worst. It would be great if someone creates totally free music app with all features of Spotify ( not gonna happen due
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15 replies17 likes
The unknown entrepreneur
Stealth • 2m
Do you know
Once Spotify was scammed but it was legal. Once an artist from Bulgaria made a 30 sec playlist as the song should be at least 30 sec and he made 10 thousand premium accounts and ran his playlist at automation and he spent 10 lakhs on the
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📈 Guide to Implementing the Freemium Model for Your Business 🚀
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🎯 Identify Core Value
|:-> Offer your most compelling features for free to attract users.
--:-> Stat: 90% of user
Latest scam that happened with Spotify.
A user is Bulgaria created a playlist with multiple 30 second songs and then built an automation to create 1200 premium accounts which listened to this playlist on repeat. The scammer had to invest 10L per mo