Week 9's reading reflection:
What surprised me was realizing that the
market has evolved and changed throughout the years. I always thought the
customers had more control, and while that does ring in accordance to the
reading, I find that if the entrepreneur knows the right moves and how to grow
a business, the entrepreneur will have more power.
What confused me were the five revenue
models, freemium, affiliate, subscription, virtual goods and advertising, and
how a company or business can benefit from one and not the other.
If I could ask the author two questions, I would
ask: how has social media’s rise and presence affect advertising? How it
increased the amount as well as the business?
I don’t think the author was wrong about
anything. All the information seemed like it was thoroughly researched and
supported.
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