Labs64 NetLicensing enables you to monetize your products and services by licensing them to companies or individuals. The basic premise of licensing is that it enables you to make your product or service available to as many people as possible, through a payment system that makes it affordable but which also enables you to make a healthy profit.
This infographic looks at the basics of licensing to help guide you in your decision.
When making the decision to license your product it is important that you have a good understanding of the different types of licensing models that exist. There are several different routes that you can follow and we know the importance of selecting the right model, first time, rather than having to change it at a later date.
We have designed this infographic to give you an easy breakdown of the main licensing models that exist. We would encourage you to think about the different aspects of your business and product;
- Who is it for?
- What does it offer?
- How can you encourage people to pay for it?
- Which model is the most effective for you?
These are all questions you should consider when using this infographic.
Infographic Source : http://www.labs64.com/blog/2015/10/infographic-how-to-select-licensing-model/