The term freemium is a blend word made from free & premium. It is a pricing strategy under which companies provide basic versions of their software, media content, & games to customers for free but charges for its premium version, which offers advanced features & functionalities.
Subject : E-Commerce
Disclaimer: The term explained above has been compiled with consideration and care after consulting multiple sources. Despite our continuing efforts, we advise- the readers should not take decisions completely based on the information shared by FATbit on its glossary section.