Revenue Modeling
students usually like free stuff but app requires to make money so what would be the best revenue model that suitable for students.
4
Answers
Mentor, Entrepreneur, Lawyer, Public Speaker
1. commercials / Advertising / leads.
2. In-app purchases of things that they actually need.
3. Freemium model - they only pay for extra services (like maybe you can have a dating feature or a business feature).
4. Offering complimentary services such as loans, help submitting forms, help before interviews and many other ideas.
There are many more options. Happy to explain them on a call.
Good luck
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Answered over 3 years ago
🌎Harvard Certified Global Corporate Trainer🌍
Creating a revenue model for social learning app will require you to understand how the online education works. I believe this link will help you a lot: https://www.oerknowledgecloud.org/archive/SSRN-id2778323.pdf
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Answered over 3 years ago
Clarity Expert On Growth Stage Startups
I think you've got a great answer by Assaf Ben-David.
In addition, it might be worth considering partnerships and who else might benefit.
For example, could your client also/instead be the educational institutions where the students study?
Is there a benefit to them somehow?
It's true that students are cost-sensitive but can you offer them something they can't live without? Worth considering and refining the value proposition and the price point.
Good luck!
Answered over 3 years ago
M.D.Tech Co for 17 yrs.Life, Business Coach
Hi, I can help your through a proven 5 step process and questioning tecniques,so that you come to your own workable options for what you want to achieve
Answered over 3 years ago