revenue generation

How Do Businesses Generate Revenue?

There are multiple methods for generating revenue, each suited to different industries and business types:
Product Sales: Selling physical or digital products directly to consumers.
Service Fees: Charging for the provision of services such as consulting, maintenance, or support.
Subscription Models: Offering access to products or services on a recurring basis, often monthly or annually.
Advertising: Earning money by displaying ads to users, common in media and online platforms.
Affiliate Marketing: Earning commissions by promoting other companies' products or services.
Licensing: Allowing others to use your intellectual property in exchange for a fee.

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