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Can the 'Freemium' Model Work For You? Here's How to Know.

Offering 'freemium' products can be a smart way to acquire customers and build a lucrative business, but it's not the right move for every company.

learn more about Adam Bornstein

By Adam Bornstein •

Federico Gastaldi

Opinions expressed by Entrepreneur contributors are their own.

When growing your business, it's important to figure out what model fits best for your business. Today, one popular strategy is the freemium model. Here's how to know if it's right for your business.

Q: I'm building an app, and I want to try a freemium model. Is this a successful strategy, or am I setting myself up for failure? -- Fabian, Sydney, Australia

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Growth Strategies Business Model Freemium Grow Your Business Customer Retention

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