Questions

What can be the viable revenue model for a social learning app for the students?

students usually like free stuff but app requires to make money so what would be the best revenue model that suitable for students.

4answers

1. commercials / Advertising / leads.
2. In-app purchases of things that they actually need.
3. Freemium model - they only pay for extra services (like maybe you can have a dating feature or a business feature).
4. Offering complimentary services such as loans, help submitting forms, help before interviews and many other ideas.
There are many more options. Happy to explain them on a call.
Good luck
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Answered 3 years ago

Creating a revenue model for social learning app will require you to understand how the online education works. I believe this link will help you a lot: https://www.oerknowledgecloud.org/archive/SSRN-id2778323.pdf
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Answered 3 years ago

I think you've got a great answer by Assaf Ben-David.

In addition, it might be worth considering partnerships and who else might benefit.

For example, could your client also/instead be the educational institutions where the students study?

Is there a benefit to them somehow?

It's true that students are cost-sensitive but can you offer them something they can't live without? Worth considering and refining the value proposition and the price point.

Good luck!


Answered 3 years ago

Hi, I can help your through a proven 5 step process and questioning tecniques,so that you come to your own workable options for what you want to achieve


Answered 3 years ago

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