What is a Paid Channel?
A Paid Channel is a marketing channel where money is invested to gain visibility among your target audience. A common paid channel for modern businesses is Google Ads. Website traffic coming in thanks to Google Ads would be classified as paid traffic, coming from the paid channel. Traffic can also come in through the Organic and Earned Channels.
More Glossary Terms
Software Licensing System Documentation
What is a Pay per Use Licensing Model?
A Pay per Use licensing model is where a customer pays for the usage of certain features within a software product. For example, an accounting client could pay for each annual report generated by the software.
More Glossary Terms
Software Licensing System Documentation
What is a Plugin/Add-in Application?
A Plugin/Add-in Application builds on and extends the features of a pre-existing application. For example, music creation software can have a plugin or add-in that allows you to use AI for drum loops.
More Glossary Terms
Software Licensing System Documentation
What is a Pricing Plan?
A Pricing Plan is a set of features that is sold at a specific price. Companies offering subscriptions can set up different pricing plans to attract more customers. For example, software products can set up a basic pricing plan that includes the most basic of the software product’s features at a cheaper price. The company can then charge extra for an unlimited pricing plan that unlocks all of the features.
More Glossary Terms
Software Licensing System Documentation
What is Product-Market Fit?
The Product-Market Fit often describes how well a product fits the needs of the market. For example, a product that is able to supply the market with the features the market needs has a good product-market fit. If the company develops features that the customers do not see any value in, the product-market fit is not improved.
More Glossary Terms
Software Licensing System Documentation
What is Public Key Infrastructure (PKI)?
The Public Key Infrastructure (PKI) is a framework of encryption and cybersecurity that protects communications between the server and the client. The framework uses both public and private keys.
More Glossary Terms
Software Licensing System Documentation