How Can The Free Internet Software Make Money?

In order to provide free products, for companies, they must resort to a new money-making model. Even open source software, they need to get money through personal or corporate donations. At present, under the premise of free products, the most common ways to make money among developers are as follows:

advertising and sponsorship: generally speaking, doing content and doing online platforms is to make money through this method. Of course, many other products are also like this. Think about twitter, pandora, words with friends and the websites you are currently browsing. In many cases, companies offer paid versions to consumers, and there are no ads in these paid versions. But if the user is willing, they can enjoy the service without paying.

Hosting and storage: for many saas products, users don't need to spend money on features, but they need to pay for bandwidth, disk space, and more. In the case of wordpress, its products are free, but it charges a few dollars a month to bloggers who put their own blogs on their servers and have their own custom domain names. And enterprise products that pay for people, such as salesforce and mailchimp, are charged based on data storage and server usage time, not their own tools.

Transaction processing: products like etsy and paypal tend to offer free tools in the trading market, on the one hand to increase the liquidity of their services, and on the other hand, because they can be easily charged through transactions. This model has even been used in kind: square has offered its credit card readers to users free of charge to expand its user base and then charge for it through its huge transaction volume.

Service: if people can enjoy the red carpet treatment, they are still willing to pay. Free products typically drive consumption by providing users with a paid "upsell" service. For example, although the app itself is free, open source developers typically charge customers for their technical support.

Cross-selling or selling other products: in general, many companies offer a feature-based free product and then induce potential users to purchase their more profitable paid products, the so-called freemium model. At the top of the product chain are products that cannot be profited by other means, and the products under the chain will become free to support the above paid products.

Shortcuts for users: this method means providing apps for users for free, but if they want to cheat or jump in the queue, they need to pay. Social games such as farmville are an interesting example of this model: in-app payments become a good way for users to evade patience.

Media Contact: 

Jack Yan, Weden Technology Consulting Co., Ltd., sales@freeeuse.com, 775-482-5392, Nevada, Tonopah

Tweet

More News From The Market Noise

Kosovo election winner in no rush to restart Serbia talks

Oct 15, 2019

PRISTINA, Kosovo — A left-wing party leader poised to become Kosovo's next prime minister said Tuesday he isn't in any rush to restart formal talks intended to normalize relations with Serbia and won't lift the previous government's 100% tariff on Serb imports. In a general election held Sunday, Albin Kurti's Movement for Self-the Determination, or Vetevendosje, defeated center-right political groupings formed by former Kosovo Liberation Army fighters who had governed since 2007. Kosovo, a former Serbian province, declared independence in 2008, a decade after an insurrection by KLA fighters and Serbian strongman Slobodan Milosevic's bloody crackdown launched a 1998-99 war....

AP sources: Trump allies sought changes at Ukraine utility

Oct 15, 2019

KYIV, Ukraine — As Rudy Giuliani was pushing Ukrainian officials last spring to investigate one of Donald Trump's main political rivals, a group of individuals with ties to the president and his personal lawyer were also active in the former Soviet republic. Their aims were profit, not politics. This circle of businessmen and Republican donors touted connections to Giuliani and Trump while trying to install new management at the top of Ukraine's massive state gas company. Their plan was to then steer lucrative contracts to companies controlled by Trump allies, according to two people with knowledge of their plans. Their...

EU jobs chief nominee: no plan for European minimum wage

Oct 15, 2019

BRUSSELS — The official set to become the European Union's employment chief has no plan to create a European minimum wage. Laying out his priorities during a hearing by European lawmakers, Nicolas Schmit said he will fight for the implementation of minimum standards aimed at tackling revenue disparities across the EU, but insisted minimum wages can't be the same everywhere. Schmit, who has been picked to take on the jobs portfolio in the next European Commission, said "by no means" he wants to create "a European frame for minimum wages." According to the Eurostat agency, 22 out of the 28...

EU top court rules in favor of Google on search engine issue

Oct 15, 2019

BRUSSELS — Google won a major case in the European Union on Tuesday, when the bloc's top court ruled that the U.S. internet giant doesn't have to extend the EU's "right to be forgotten" rules to its search engines globally. The European Court of Justice said there "is no obligation under EU law for a search engine operator" to extend beyond the EU member states the court's 2014 ruling that people have the right to control what appears when their name is searched online. It said, however, that a search engine operator must put measures in place to discourage internet...

Gucci takes a kinky turn; Dolce&Gabbana give a jungle roar

Oct 15, 2019

MILAN — Fashion, according to Gucci creative director Alessandro Michele, now is above all "a great platform. It has great power." Michele has used that platform during his 4½ years at Gucci's helm to give gender fluidity a voice. The fashion house also put sustainability on stage, saying it would spend millions on a program to become carbon neutral. Fashion is recognized as one of the world's top pollution-producing industries, and luxury producers are taking additional steps to address the environmental impact of making clothes. The Italian Fashion Chamber, along with Livia Firth's EcoAge consultancy, was presenting its third Green...

Sign up now!