You've learned about the three main revenue models and value-based pricing. Now let's practice applying these concepts to different business scenarios.
Choosing the right revenue model and pricing strategy can make or break your business success.
Engagement Message
Ready to test your revenue strategy skills?
Type
Swipe Left or Right
Practice Question
Match each business type with its most suitable revenue model by swiping left or right:
Labels
- Left Label: Transaction Model
- Right Label: Subscription Model
Left Label Items
- Wedding photography service
- Home cleaning for special occasions
- Car repair shop
- Tax preparation service
Right Label Items
- Weekly meal delivery service
- Monthly bookkeeping for small businesses
- Ongoing fitness coaching program
- Software for project management
Type
Multiple Choice
Practice Question
A business consultant is choosing between these pricing approaches. Which option best demonstrates value-based pricing?
A. Charge 200/hour because that covers costs plus 50% markup C. Charge 20,000/month D. Charge based on how many hours the project takes
