Question

Cloudlink is a file hosting service that allows users to store up to 5GB of data with no restrictions orcharges. However, users have to pay a fee for advanced features on the cloud storage system andadditional storage space. Which of the following business models does this bestillustrate?subscription-basedfreemiumpay-as-you-gorazor-razor-blade

Answer 1

Answer:

Freemium.

Explanation:

Freemium is an amalgam of both the terms "free" and "premium" related to utilities, computer software or phone applications presented for customers free of cost although generally including fewer functions, ad network help or extra features which are accessible for such a premium fee.

So, Cloudlink seems to be a document hosting platform which often encourages customers to access up to 5GB of data without any limitations or fees. Thus, the following answer is best suited according to the above statement.