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Build a Diagram (a Straw Man) of your Revenue Model. I have provided examples here for your review.
What type(s) of revenue will you have? (eg. sales, subscription, freemium, licensing, usage, advertising, brokerage)
Is it digital, physical, both?
What channels will you use?
What type of pricing will you use (e.g. cost +, value pricing, volume pricing, auction)
One sided, two sided, multi sided?
What key metrics will you use
revenue metrics, user metrics
What Market Type, CAGR and revenue forecast do you anticipate?
I have included an essay of the product I have come up with. Please use that to answer all of the questions above. I have also provided an example of what the assignment should look like. Thank you
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