Examples are subscriptions to Netflix

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If you want to start a business selling goods online, you can build your own e-commerce website or alternatively, you can just use a well-known platform such as Shopee, Lazada, PG Mall and so on. shopee-business-tips Platforms like this open up opportunities for people who are interested in becoming merchants to build online stores through their platform. This way, you can take advantage of the popularity, reputation, and huge traffic that the sales platform has. (2) Subscription-based business model Customers will pay recurring subscription fees to gain access to the services we provide. As long as they continue to make payments, they can use the services we provide.


Spotify, and so on. Once upon a time, before streaming portals like this existed, magazines china phone number resource that were published periodically also used this type of business model. Among them is Reader's Digest magazine. Customers who subscribe will receive a copy of the magazine every month. (3) Freemium The freemium concept is that you, as a seller, offer a basic service for free. The goal is for users to be able to try the service without feeling compelled to pay. At the same time, you also offer better additional features if the user upgrades their membership to a paid or premium member.


Some movie streaming sites or portals also use a similar business model. Users can watch some movies for free. If they want to watch other movies, they need to upgrade their membership to a premium member. (4) Advertising-based model In this advertising-based business model, we as business owners generate income through advertising work on the platform we develop. The simplest example is a blog owner who posts advertisements, whether from Google Adsense, Innity or other advertising programs. Readers can access and read content without any restrictions or fees. The same is true for individuals who develop YouTube channels.