From my understanding, Revenue Models means methods used by businesses to get income.
There are 6 methods. Web Catalogue, Digital Content, Advertising Supported, Advertising Subscription, Fee for Transaction and Fee for Service.
Anyhoots, to summerize what I've learnt and so that I can easily get it the next time I need to revise. Digital Content are digital products sold online example MP3 and movies. Advertising Supported are advertisement through Radio or TV.
Gotta be careful with this next one though, always gets in the way of joy. Say Airasia are selling tickets for BND5 to and from Kuala Lumpur, the charges for taxes, fuels, seats and processing fees are called Fee for Transactions. In another way, it is also called hidden charges. And to have thought you only need to pay $5, see what I mean by 'always gets in the way of joy'?
Fee for Service. Hmmmm. I hope I get it right. It's fee for services given directly to you. Literally. One of it is Spa or Salon.
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