This blog focuses on the relationships that connect us together providing potent insights for decision makers. In addition, a few data mining topics are presented.
Tuesday, April 01, 2008
Freemium Business Model
The freemium model is something that I've been telling start-up businesses to do for quite a while. It allows community --- where social capital resides --- to build around your service at a fundamental level. After a captive community has been established, premium features (or services) can be offered, which effectively converts social capital into profit.