Explain in detail an appropriate online business revenue model suited for Doggie Treats. Include in your answer any FIVE business benefits this model provides to a business.
Explain in detail an appropriate online business revenue model suited for Doggie Treats. Include in your answer any FIVE business benefits this model provides to a business.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explain in detail an appropriate online business revenue model suited for Doggie Treats. Include in your answer any FIVE business benefits this model provides to a business.
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Step 1
Types of online business revenue model:
1. Subscriptions online business revenue model is usually chosen by media outlets, online streaming companies and software services providers since it offers the benefit of consistent income monthly.
2. Ads business revenue model is the model where the one site offers the space to display ad on it to the advertiser and offers the benefit of additional revenue with less time and money investment.
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