Commerce Glossary
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What is Freemium?
free - mi - um
noun
Freemium is a customer acquisition model where a software is offered with a limited feature set for free, without a time limit.
How Does Freemium Work?
The freemium product is later offered as a premium subscription with more features and functions, or for increased usage. Many software and SaaS companies are adopting a freemium model to entice new customers to their platforms.
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