L9: Revenue Models & Money Flows Flashcards
2 types of monetization models
Selling virtual things
Selling access to customers
Selling virtual things (subcategories)
Selling content, experiences, information, online service, virtual accessories
Selling access to customers
Misdirection (SEO)
Validation through communitcation content (tripadvisor)
Monetization
The strategic pricing of elements on your platform (Modules, VP’s, portfolio development)
Monetization tactics
Direct payment 1:1
Subscription
Ads
Licensing
Indirect (points, app currency)
Bundling
Pay-per-?
Revenue models can be either transaction dependent or independent, explain
Dependent: Download/usage fee
Independent: Subscription fee, sponsorship, ads
What revenue models are characteristic for the 4 BM’s?
Integrator: Selling information, products, connection, memberships
Layerplayer: Data, services
Orchestrator: Product platform , community
Market maker: Search or service platform