Freemium is a business model where you offer a free version and charge for premium features.
Crealo Team
Creator economy experts helping creators monetize their skills
The freemium model combines 'free' and 'premium'. You offer a basic free version of your product to attract users, and a premium version with additional features that requires payment. It's an effective strategy for building an audience and converting free users into paying customers.
Create a free version of your product that demonstrates value but leaves users wanting more. The premium version should solve the problem completely.
A lead magnet is a free resource you offer in exchange for a potential customer's email address.
A subscription is a recurring payment model where the customer pays periodically for ongoing access.
Conversion rate is the percentage of visitors who take the desired action.
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