The business model can be summed up in the simplest terms as "how do you make money". Internet companies are often free, so many people think that Internet companies do not make money. The profit model can be said to be the most incomprehensible part of Internet companies. Many product and technical personnel who have been Buy email list engaged in Internet companies for many years are not very clear about how their companies make money.
When EBAY competed with Alibaba, Whitman said "free is not a business model," and she was right. And after Jack Ma heard the news, he smiled weirdly, "Free is definitely a business model", and he also made sense. Free can be used as a good business strategy, but the ultimate purpose must be to charge, otherwise you are a non-profit organization.
Internet companies need to make profits. If you use your own money and don’t make money, you are losing money. Of course you can attract VCs, but you are losing money to VCs who want you to go public. What you lose after going public is the money of the people who bought your stock. You could say it's a game of drumming and passing flowers, and that's how the Internet bubble came about. It is the day when the bubble will definitely burst, and then it will be a disaster. Because this does not conform to economic laws, a product or company that does not make money is actually consuming social resources and has little value.
Internet companies should boldly charge. You should justify charging for the service you provide. Some not charging is just a tactic. This point is very important.