This revenue model involves charging customers to gain continuous access to a product or service:
A)licensing revenue model
B)franchising revenue model
C)revolving revenue model
D)subscription revenue model

Question

Quizplus · Accepted Answer

The subscription revenue model involves charging customers to gain continuous access to a product or service. This model is commonly used by companies that offer digital content such as software, music, or videos, and by companies that provide ongoing services such as cloud storage, online courses, or meal delivery services. Customers typically pay a recurring fee (i.e., monthly or annually) to maintain access to the product or service. The subscription revenue model is a popular choice for businesses because it provides a predictable and reliable stream of revenue, and it encourages customer loyalty due to the ongoing relationship between the customer and the business.

This Revenue Model Involves Charging Customers to Gain Continuous Access