Generating Revenue Streams…. Ka–ching!

generate-revenue

Revenue stream is a mode of revenue. It denotes the different ways through which money comes into a company.

Revenue Streams can be generated in many ways:

  1. Asset sale
    Ownership rights are sold of a physical product. For example, Amazon.co.uk sells books, music, consumer electronics, etc. online.
  2. Usage fee
    Use of a particular service is sold, the amount to be paid is proportional to the usage. For example, a hotel charges customer by the type of room and nights occupied.
  3. Subscription fees
    A continuous or repeated access to a service is sold. For example, a gym sells its members a monthly or yearly subscription for access to its exercise facilities.
  4. Brokerage fees
    This type of revenue is derived from an intermediation services performed on behalf of two or more parties. Brokers and real estate agents earn a commission each time they successfully match a buyer with a seller
  5. Advertising
    Fees for advertising a particular product, service or brand form the basis of this Revenue Stream. Newspapers and the media industry generally, rely on this approach, which has spread to website advertising and to software sales.

These are a few examples (among the very many) of how to generate revenue streams.

 

If you want to read more about the examples stated, check out the source page: http://www.ecommerce-digest.com/revenue-streams.html

 

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