Monetization

What is Monetization?

Monetization is the process of generating revenue from a product, service, or platform. For startups, finding effective monetization strategies is essential to achieve profitability and sustainable growth. Common monetization methods include subscription models, advertising, transaction fees, or selling premium features.

Common Monetization Strategies

• Subscription Model: Charging users a recurring fee for access to a product or service.
• Advertising: Generating revenue by displaying ads on a platform.
• Freemium Model: Offering a free version with optional paid upgrades or premium features.

Related Terms and Concepts

Revenue model, business model, freemium, subscription-based pricing