startups And Financing
Over the past decade “freemium” — a combination of “free” and “premium” — has become the dominant business model among internet start-ups and smartphone app developers. Users get basic features at no cost and can access richer functionality for a subscription fee.
It’s hard to resist the allure of free. One key reason user adoption of the Internet has soared globally is the rise of the “freemium” business model — where users get to use a basic product or service for free, but must pay for a premium version with additional features. When done right, the freemium business model can help drive massive traffic to companies’ websites, offer a “try before you buy” experience that overcomes user resistance to paying, and convert free users to paying customers.
If you're looking for alternative financing, register your startup on SeedBlink.
Join our newsletter
Your go-to source for European startup news, equity trends, VC insights, and investment opportunities.