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

Latest News

Where have the wild birds gone? 3 billion fewer than 1970

Sep 21, 2019

WASHINGTON — A comprehensive study shows there are nearly 3 billion fewer wild birds in North America than in 1970. The new study finds that the bird population in the United States and Canada was probably around 10.1 billion nearly half a century ago and has dropped 29% to about 7.2 billion birds. Study lead author Kenneth Rosenberg, a Cornell University conservation scientist, says the thinning of the flocks is happening before our eyes but is so slow we don't often notice. Rosenberg and colleagues projected population data using weather radar, which captures flocks of migrating birds, 13 different bird...

How to navigate new privacy features in Apple iPhone update

Sep 21, 2019

NEW YORK — Apple's iOS 13 software update comes with plenty of privacy enhancements — but in some cases, only if you take the time to understand how they work. Among the changes: You'll be able to sign in to third-party services with your Apple ID account rather than Facebook's or Google's. You'll also get more notices and warnings about apps tapping location data. The free update is available for existing iPhones on Thursday and will come with new iPhone 11 models out Friday. Here's how to navigate the new privacy features and make the most of them. APPLE SIGN-IN...

Facebook to name first oversight panel members by year-end

Sep 21, 2019

BOSTON — Facebook said Tuesday that it expects to name the first members of a new quasi-independent oversight board by year-end. The oversight panel is intended to rule on thorny content issues, such as when Facebook or Instagram posts constitute hate speech. It will be empowered to make binding rulings on whether posts or ads violate the company's standards. Any other findings it makes will be considered "guidance" by Facebook. CEO Mark Zuckerberg announced plans to establish the board last November after Facebook came under intense scrutiny for failures to protect user privacy and for its inability to quickly and...

Apple awards $250 million to supplier of glass for iPhones

Sep 21, 2019

FRANKFORT, Ky. — Apple on Tuesday deepened its ties with a Kentucky manufacturing plant by awarding $250 million to support Corning Inc.'s continued work to develop glass for iPhones and other devices. The award builds on the $200 million that Corning received from Apple's Advanced Manufacturing Fund in 2017, the tech giant said. The combined investments support Corning's research and development that will be crucial for next-generation consumer devices, Apple said. Scratch-resistant glass for every generation of iPhone has been made at Corning's plant in Harrodsburg, Kentucky. Corning also supplies glass for iPads and Apple Watches. "Apple and Corning's rich...

No Deal: Auto workers strike against GM in contract dispute

Sep 21, 2019

DETROIT — More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. Workers shut down 33 manufacturing plants in nine states across the U.S., as well as 22 parts distribution warehouses. It wasn't clear how long the walkout would last, with the union saying GM has budged little in months of talks while GM said it made substantial offers including higher wages and factory investments. It's the first national strike by the union since a two-day walkout in...

About Us

Science Tech Today is all about the present with what’s new in the Science and Technology world. “Keep up with today, and don’t be left behind.”

Subscribe Now!