A business model as a revenue source

A business model as a revenue source

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Summary

A business model is an “abstract representation of an organization, be it reasonable, printed, and/or graphical, of all center interrelated design, co-operational, and budgetary game plans composed and grew by an organization instantly and later on, and additionally all center items and/or administrations the organization offers

Practical Implication

The Recurring Revenue model (Subscription model)

With the recurring revenue model, the point is to secure the client on a long haul contract so they are devouring your item or administration well into what’s to come. Given that the expense of client securing can be high, holding clients is an essential objective for most organizations. It is likewise getting to be synonymous with ‘subscribing through direc.............