concept
Revenue Model
A revenue model is a framework that outlines how a business generates income from its products, services, or operations. It defines the strategies and mechanisms for monetizing value, such as through sales, subscriptions, or advertising. This concept is crucial for financial planning, sustainability, and aligning business activities with profit goals.
Also known as: Business Model, Monetization Strategy, Revenue Stream, Income Model, Profit Model
🧊Why learn Revenue Model?
Developers should learn about revenue models to build products that are commercially viable and scalable, especially in startups or tech businesses. It helps in designing features that support monetization strategies like freemium models or in-app purchases, and is essential for roles in product management, entrepreneurship, or business-focused development.