QUESTIONS 1. What does the term freemium refer to? Give examples. 2. On the social networks, why is it difficult to generate revenue through advertising? Why is it particularly hard for social games? 3. What is the long-term prognosis for companies like Zong and Spare Changes?
What is freemium? • Free + Premium = Freemium • Pricing strategy - use to designate a business model (provided free of charge) • Upgrade
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