Consumption Based Pricing Model
From Open Risk Manual
Revision as of 14:04, 13 February 2020 by Wiki admin (talk | contribs)
Definition
Consumption-Based Pricing Model. It is a pricing model in which the vendor charges its customers based on the number of services the customer consumes, rather than on a time and material-based fee. For example, a cloud storage vendor might charge per gigabyte of data stored.
