What are some effective monetization alternatives for my online business?
An example of an AI chatbot conversation about monetization alternatives for online businesses.
What are some effective monetization alternatives for my online business?
There are several monetization alternatives you can consider, such as subscription models, affiliate marketing, and selling digital products.
Can you explain how affiliate marketing works?
Sure! Affiliate marketing involves promoting other companies' products and earning a commission for each sale made through your referral.
What are the pros and cons of subscription models?
Pros include predictable revenue and customer loyalty, while cons can be high churn rates and the need for continuous value delivery.
How can I implement digital product sales?
You can create e-books, online courses, or software, and sell them through your website or platforms like Gumroad.
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