revenuemodel
nounUK /ˈrɛvənjuː ˈmɒdəl/
US /ˈrɛvənuː ˈmɑːdəl/
A revenue model is the plan a business uses to make money.
The lemonade stand's revenue model was simple: sell each cup for one dollar.
RELATED WORDS
OTHER MEANINGS
2. The way a company charges customers for what it offers.
The app's revenue model charges users a small monthly fee.
3. A framework describing all the ways a business earns money.
Investors asked the founders to explain their revenue model in detail.
4. The part of a business plan that explains how money will come in.
Their revenue model includes ads, subscriptions, and selling merchandise.