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Freemium (Pricing Model)

Freemium is a pricing model in which a product or service is offered for free, but premium features or additional functionality are available for a fee.

The goal of the freemium model is to attract a large number of users with the free product and then generate revenue by selling premium features to a subset of those users.

The freemium model is often used for digital products and services, such as mobile apps, online games, and software as a service (SaaS) offerings. It can be an effective way for companies to increase adoption of their products and generate revenue from a portion of their user base

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