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freemium
(redirected from Freemium business model)

   Also found in: Wikipedia 0.01 sec.
freemium
(FREE preMIUM) A very popular marketing approach for software and services that provides a limited free version and a more expansive paid version. For example, an online backup provider may offer five gigabytes of storage at no cost but then charge for greater capacities. A software application may include basic functions for free, while the paid version provides enhanced capabilities.


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In 2007, WorldMate announced its switch to the Freemium business model across all smartphone platforms, including Nokia S60, Windows Mobile and Symbian UIQ.
As a result, it now supports all major smartphone platforms through its Freemium business model.
WorldMate is a best-selling UIQ application and continues its progress with the Freemium business model.
 
 
 
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