3 ms·
yea, freemium plus ads is a classic rev model but usually doesn't work for niche markets. Licensing their engine to third parties is an option they could explor
by abbasmehdi 16y ago
yea, freemium plus ads is a classic rev model but usually doesn't work for niche markets. Licensing their engine to third parties is an option they could explore too...
- shantanubala 16y agoAlso, I think the free offering is extremely robust to the point where the paid version is mostly a purchase to help support the company rather than for actual features.
- abbasmehdi 16y agoYea, but that is a good enough explanation if it's a hobby, but if its a business they need to have a viable financial model.
- philfreo 16y agoEducation is a niche market?
- roel_v 16y agoThe 'paying for extra of it' is niche, yes.
- philfreo 16y agoAdd up the market sizes for: private schools, private tutoring (Kaplan, 1-on-1, etc.), test prep (SAT study guides, etc.), for-profit colleges (Phoenix), language learning (Rosetta Stone), what teachers spend in-budget and out-of-pocket for their classrooms, education iOS apps, etc. I'm not saying Quizlet does all the same things, but nothing about paying for extra education is what I would call niche.
- abbasmehdi 16y agoAll of society is not in grade 7.