Monetization Models

Monetization models are strategies that organizations use to generate revenue from their products or services. Common models include direct sales, where customers pay upfront, subscription services that charge a regular fee for ongoing access, advertising revenue from displaying ads to users, freemium models that offer basic services for free while charging for premium features, and affiliate marketing, where businesses earn commissions by promoting others' products. Each model has its advantages and is chosen based on the target audience and market conditions. Understanding these models helps businesses maximize their income and sustainability.