freeconomics
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
21
Scrabble Score
12
Letters
2
Syllables
9
Unique Chars
Meaning
noun
A business model in which a product is offered free of charge and supported by sales of a premium version.
Uncountable
Example Sentences
- "Much attention has been devoted to the concept of freeconomics, most notably the recent book by Wired magazine editor Chris Anderson entitled, "Free: The future of a radical price." Most consumer-level cloud offerings would be labeled a "freemium", which is a free version that is supported by a paid, premium version."
- "Isn't the concept of freeconomics founded on the power of a zero price? Unfortunately, freeconomics does not insulate entrepreneurs from the path that is inherent to any new business: a fragile endeavor with limited financial resources, crowded markets, and the need to get one's idea out so that it becomes widely known."
- "Well, today more and more Web companies are using digital technology and the principles of freeconomics to make profits by giving something away free of charge."