A number of applications in the Android Market do not charge the customer for using the basic version of the application.However,the customers are charged if they want a version of the product with better features.This pricing strategy is referred to as ________ pricing.
A) value-based
B) freemium
C) optimal
D) auction
E) penetration

Question

Quizplus · Accepted Answer

A)Freemium pricing is a hybrid pricing strategy of offering some products for free while charging for others, or offering a product for free to some customers while charging others for it. Offering a free version and paid version is an example of this pricing strategy.
B)Freemium pricing is a hybrid pricing strategy of offering some products for free while charging for others, or offering a product for free to some customers while charging others for it. Offering a free version and paid version is an example of this pricing strategy.
C)Freemium pricing is a hybrid pricing strategy of offering some products for free while charging for others, or offering a product for free to some customers while charging others for it. Offering a free version and paid version is an example of this pricing strategy.
D)Freemium pricing is a hybrid pricing strategy of offering some products for free while charging for others, or offering a product for free to some customers while charging others for it. Offering a free version and paid version is an example of this pricing strategy.
E)Freemium pricing is a hybrid pricing strategy of offering some products for free while charging for others, or offering a product for free to some customers while charging others for it. Offering a free version and paid version is an example of this pricing strategy.

A Number of Applications in the Android Market Do Not