A deep understanding of your target market and how your product or service fits into that market is crucial. Developing a clear monetization strategy early on helps in planning for profitability and scalability. Whether it’s a subscription model, a freemium model, or direct sales, knowing how you'll generate revenue affects all other financial planning aspects.
- Log in or register to contribute
Contribute to three or more articles across any domain to qualify for the Contributor badge. Please check back tomorrow for updates on your progress.