Freeconomics: The art of making money by giving things away for free

This article looks at ‘Yola’ which is a business which gives away websites for free. Vinny Lingham, who has made millions of dollars from Yola has also acquired a mass customer base, 50 servers and 60 employees. Yola makes large profits from the small percentage of the 3.5 million customers who upgrade to paid-for services.

http://memeburn.com/2010/04/freeconomics-the-art-of-making-money-by-giving-things-away-for-free/

Posted by Shelley West

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