Question

Quick Connect is an instant messaging mobile application. Users have access to a basic version with limited message recipients for free, but they have to pay a fee to have unlimited message recipients or to use advanced features. Which of the following business models does this best illustrate?a- subscription-basedb- freemiumc- pay-as-you-god- razor-razor blade

Answer 1

Answer: Freemium

Step-by-step explanation:

Freemium is a business technique used by websites where they offer some online services free to site users but place a price on some very key services they offer on the site, the payment is called a premium. For example, a desktop application that functions as an antivirus, which offers free virus detection scan but the user needs to pay to receive services such as virus cleansing.