Put simply, business model abstraction is where someone other than the user bears the financial cost of a product or service: ie the product revenue is abstracted from the users of the product.
Layton Duncan with some insight on the inherent flaw in free services like Facebook and Twitter.
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tmsm reblogged this from 9-bits and added:
Great post. I’d add that although the users are not top priority, they still have an influence. The popularity of a...
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jnomics reblogged this from 9-bits and added:
An astute argument. Worth Reading. Dependence on “free services” and the idea of “free” as the future of pricing is...
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