Strategy and product
Freemium
Giving a basic version of a product away free, and charging for more features, capacity or support.
You'll hear it as
Freemium got us users, but only 3 per cent upgrade.
Why it matters to you.
Free users still cost money to host and support. The free tier has to be generous enough to attract people and limited enough to make them pay.
Related terms.
Videos.
No video mentions Freemium by name yet. These are on the same topic, Business & startups.