Guide: Revenue Model

One of the most crucial elements of commercialisation are your revenue streams, or more specifically, the charging model you will use to generate those sales. There are two levels of decisions to make for revenues streams: how you’re going to get paid, and then when you’re going to get paid.

First, how you’re going to get paid. There are many more options available than most businesses realise. A helpful way to think outside the box is to imagine you can no longer use your current revenue models and need to find the next three best alternatives.

The second part of revenue models when that revenue is going to be paid: