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Exploring Business Models and Pricing Strategies
The chapter delves into various business models such as cohort, subscription, and community models, discussing the transitions between them and the complexities of membership models. It explores the challenges of offering membership versus digital product purchases, subscription model dynamics, and pricing strategies for both memberships and digital products. The discussion also emphasizes the importance of value proposition, effective onboarding processes, and starting with hands-on approaches to product creation for new creators.