5 Questions
What is the main purpose of a business model?
To result in a profit in a marketplace
Which revenue model involves giving away a certain level of product or services for free, but then charging a subscription fee for premium levels?
Freemium strategy
What does the value proposition of a company define?
How the product or service fulfills customer needs
Which element of the business model describes 'how will you earn money'?
Revenue model
'Reduction of product search, price discovery costs' is associated with which successful e-commerce value proposition?
'Reduction of product search, price discovery costs'
Test your knowledge about business models, business plans, and e-commerce business models. Learn about the key elements that make up a successful business model and how they are incorporated into a business plan.
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