Stroome, the focus on the opening feature for Chapter 6, has developed a new Web-based service for editing and remixing video. Stroome's initial business model is based on making money in the following two ways:
A) subscription fees and licensing its software to film producers
B) a "freemium" pricing model and white labeling its site
C) online advertising and affiliate fees
D) white labeling its site and subscription fees
E) Google AdSense and affiliate fees

Question

Quizplus · Accepted Answer

Stroome's initial business model is based on a "freemium" pricing model, which means that they offer basic services for free but charge for premium features. They also plan to white label their site, which means that they will allow other companies to customize and use their technology under their own brand name.

Stroome, the Focus on the Opening Feature for Chapter 6