regardless of your products and services or app again how good, only the target customer is the right way. But once things finalized, it should be very simple to sell it?. When you are ready to put the product into the market, there are many factors to consider, such as in what industry, is based on the sale of web products or physical hardware, to attract customers channels, etc..
so here we need to prepare a comprehensive guide to all, clear summary of some of the most common profit model of start-ups to sell products, as well as the advantages and disadvantages, so as to help you choose the best of their company’s profit model.
Business Model vs Profit Model vs revenue stream
in deep mining of different profit model, we should take the time to discuss the "business model", "profit model" and "income stream" distinction, because these words are often confused. In the earnings model, revenue streams and business models in this article, AlexGenadinik made a good explanation. The main points are summarized as follows:
revenue streams are a single source of revenue for the company. Depending on the size of the company, there are 0 or more revenue streams.
profit model is a strategy for managing the company’s revenue stream and the resources required for each revenue stream.
business model is the structure of all aspects of the company, including the structure, including the profit model, income streams, and how these things together.
profit model type
There are many types of
profit model, this article inadvertently enumerate. However, the following 10 are considered the most popular and most effective profit model, the size of the company has adopted these profit models.
Genadinik article, different profit models in which some of the more common profit model, the recent emergence of many start-ups is to use these models to make their first sales. Here are some of the profit models he mentioned:
1, advertising based profit model
based on the profit model of advertising is to specific sites, services, app or other products to create advertising, and then placed on a strategic, high flow channels. If your company has a website or you are a web based company, Google’s Adsense is one of the most common tools for advertising. For most sites, 1000 pages per page can be harvested from $5 to $10.
advantage: making money by advertising is one of the easiest ways to make a profit model, which is why so many companies use advertising as a source of income.
disadvantage: in order to generate enough income to maintain the operation of the enterprise, you need to attract millions of audience. In addition, most people think of advertising