12 Revenue Stream Examples For Your Business

If you're looking for revenue stream definition or how to make money in business, this video shares 12 revenue streams you could be applying in your business right now!

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You might currently have a single revenue stream business model, however would like to diversify with ways to make money online and other ways to make money.

Using a business model canvas, this collection of revenue stream example showcase small business growth strategies and revenue growth strategies that'll show you how to make money in business.

1. Products.
This could be the sale of a physical or a digital product.
2. Services
This could be on an ongoing or a project by project basis.
3. Subscriptions
To get your customers to buy more often and remain loyal to you, you could create a subscription.
4. Retainers
Offer a retainer to those you believe you could continue to offer services on a monthly basis.
5. Advertising
If you have a website, blog, social media account or email newsletter that gets a lot of engagement, you could sell promoted posts or ad space to related industries.
6. Charge for content
You might have exclusive videos or content that your audience would be keen to pay for.
7. Experiences
You could charge for tours of your facilities or walk people through how you make your product.
8. Renting
Make use of the things you’re already paying for.
9. Events
Engage with your audience face to face, particularly if you have a digital business.
10. Referral
Get a fee (or a kick back) from connecting two parities.
11. Selling at volume
By selling more product you will make less per unit however be selling a lot more.
12. Affiliate marketing
This is a great strategy if you already have a really engaged audience, you can start to use links to promote other products or services.

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