Read the Case Study at the end of Chapter 2: Premium Take Pandora Public 97, and answer the following in a detailed manner (the paper should be no less than one page).
Case Study Questions
1. Compare Pandora’s original business model with its current business model. What’s the difference between “free” and “premium” revenue models?
2. What is the customer value proposition that Pandora offers?
3. Why did Mail Chimp ultimately succeed with a premium model, but Ning did not?
4. What’s the most important consideration when contemplating a premium revenue model?
Remember to submit your assignment for grading.
In the starting Pandora attempted to get music supporters by giving individuals 10 free hours, at that point requesting that they pay $36 a month after that for the administration. Obviously nobody was ready to pay such a great amount for an administration that they could get for nothing by exchanging on a
