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Why Dailyhunt's Business Model is so successful?

Get all the answers


Dailyhunt’s Company Overview


Newshunt, developed by Newshunt, Inc., stands out as a news application tailored for mobile devices, offering a comprehensive news aggregation service focusing on India. Founded by former Nokia employees Umesh Kulkarni and Chandrashekhar Sohoni, the application caters to a diverse audience by aggregating content in English and 12 Indian languages. These languages include Hindi, Bengali, Punjabi, Gujarati, Marathi, Kannada, Malayalam, Tamil, and Telugu. The versatility of Newshunt extends to its compatibility with various operating systems, making it accessible to a wide range of users. The application is available on Android, iOS, Windows Phone, and Symbian platforms, ensuring users can access news content seamlessly across different devices. Newshunt has garnered significant popularity, boasting over 100 million users who benefit from its diverse language offerings and user-friendly interface. Users can conveniently download the application from multiple app stores, including prominent platforms such as Google Play Store, Mobile9, and GetJar. Newshunt's business model revolves around providing a user-friendly and accessible platform for news consumption, catering to the linguistic diversity of India. The application's widespread availability on various operating systems and app stores contributes to its success in reaching a large user base.

https://m.dailyhunt.in/news/india/english

Country: India

Foundations date: 2007

Type: Private

Sector: Information & Media

Categories: Press


Dailyhunt’s Customer Needs


Social impact:

Life changing: affiliation/belonging

Emotional: fun/entertainment, rewards me, nostalgia, therapeutic value

Functional: informs, variety, quality, reduces cost, saves time, simplifies, reduces effort


Dailyhunt’s Related Competitors



Dailyhunt’s Business Operations


Advertising:

This approach generated money by sending promotional marketing messages from other businesses to customers. When you establish a for-profit company, one of the most critical aspects of your strategy is determining how to generate income. Many companies sell either products or services or a mix of the two. However, advertisers are frequently the source of the majority of all of the revenue for online businesses and media organizations. This is referred to as an ad-based income model.

Freemium:

Freemium is the sum of the words free and premium and refers to a business strategy that provides both free and premium services. The freemium business model works by providing essential services for free and charging for enhanced or extra capabilities. This is a typical practice among many software firms, who offer imperative software for free with restricted functionality, and it is also a popular approach among game developers. While everyone is invited to play the game for free, extra lives and unique game features are accessible only once the player buys.

Platform as a Service (PaaS):

Platform as a Service (PaaS) is a class of cloud computing services that enable users to create, operate, and manage apps without the burden of establishing and maintaining the infrastructure usually involved with designing and developing an app.

Subscription:

Subscription business models are built on the concept of providing a product or service in exchange for recurring subscription income on a monthly or annual basis. As a result, they place a higher premium on client retention than on customer acquisition. Subscription business models, in essence, concentrate on revenue generation in such a manner that a single client makes repeated payments for extended access to a product or service. Cable television, internet providers, software suppliers, websites (e.g., blogs), business solutions providers, and financial services companies utilize this approach, as do conventional newspapers, periodicals, and academic publications.

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