When starting a business, it is important for the business owner to have a solid business model. This includes having a method of monetization. Fortunately, there are many different ways to monetize something. Each of these methods have its own advantages and disadvantages. One of the most common ways of monetizing business is through selling something. When people sell items, they make money the easiest ways. Another way to monetize an item is through selling membership. Then there are also monetization options for mobile apps which include in-app purchases. This is the one method that Whitney Wolfe Herd has chosen for Bumble and her other apps.
Aside from the monetization methods, Whitney Wolfe Herd also runs events for her app and business to award people. Given that she is always hard at work in promotions and the programming of the app, it was only a matter of time before different publications were going to try to get in contact with her. Given that she has shown a lot of impressive skills in the business aspect, business related publications have decided to feature her on the cover. Whitney Wolfe Herd is featured on Forbes and a lot of attention is given to her company.
One of the best things about being featured on Forbes is that it brings in a lot more members that are looking not only for a date but also for a way to improve other areas of their lives. Whitney Wolfe Herd did not just stop at dating. She has looked into what she can do for other forms of relationships which include friendships and business.
With her attitude towards feminism, she has ran events for women. She has also featured some other successful and famous women in her events. This has included performers such as Fergie. Whitney wants to present an image that is both positive and inclusive. She does not seek to antagonize anyone. She understands that there are good people in all groups. She makes sure that she shows fairness and avoids bias when dealing with people that she comes across. Bumble has made a major impact in online dating.
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