Stroome, the focus on the opening feature for Chapter 6, has developed a new Web-based service for editing and remixing video. Stroome's initial business model is based on making money in the following two ways: A) subscription fees and licensing its software to film producers B) a "freemium" pricing model and white labeling its site C) online advertising and affiliate fees D) white labeling its site and subscription fees E) Google AdSense and affiliate fees

Question

Raul Bryant

Business

27 January, 20:36

Stroome, the focus on the opening feature for Chapter 6, has developed a new Web-based service for editing and remixing video. Stroome's initial business model is based on making money in the following two ways: A) subscription fees and licensing its software to film producers B) a "freemium" pricing model and white labeling its site C) online advertising and affiliate fees D) white labeling its site and subscription fees E) Google AdSense and affiliate fees

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Answers (1)

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Kristin Garcia · Answer 1

B) a "freemium" pricing model and white labeling its site

Explanation:

A freemium pricing model is based on offering a service with a few basic features for free, while also offering a premium service with enhanced features for a fee.

White labeling happens when a company's product or service is sold by another retailer using its own brand instead of the original producer's brand.