What are some examples of freemium business models?
Freemium models offer basic services for free while charging for premium features. Examples include Spotify and LinkedIn.
How does Spotify's freemium model work?
Spotify allows users to listen to music for free with ads, while offering a premium subscription for ad-free listening and offline access.
Can you give me another example?
Sure! Dropbox offers free storage space, but users can pay for additional storage and features.
What are the benefits of using a freemium model?
Freemium models can attract a large user base quickly, allowing companies to upsell premium features to a percentage of users.
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