Revenue model is the key component of the business model which identifies how the company will earn income and make profits. A structure for generating income is a revenue model.
It is decided what revenue model will be delivered, how much it will cost, and who will pay for it. A popular blog that runs advertising to make income is the most straightforward illustration of a revenue model.
It essentially outlines what goods or services will be developed in order to make income, as well as how they will be sold. without a distinct and detailed revenue model. It is a crucial component of a company plan.
To learn about revenue model, click here.
https://brainly.com/question/15086344
#SPJ4
