Shift to FREEconomics

Freeconomics is a business model in which the product is offered for FREE of charge and supported by sales of a premium version. This form of business model will dominate the market in this economic contraction using three systems: Free trial, Freemium and Free with ads. The COVID-19 pandemic is the greatest economic depression that the world has ever seen. Medical Business ideas that will flourish after the COVID-19 pandemic will cause a rebirth of entrepreneurship from the year 2020 onwards. Working remotely is now an economic reality for many and several millions of people are now out of a job and searching for ways to make a living. Home-based online businesses are now becoming more accepted as a solution to this calamity that the world is facing.

FREEconomics is a Must! It is the only economic shift that will help most businesses to survive this recession. It is the ideal tactic for brand awareness, marketing and sales. The rise of freeconomics is powered by the technologies that form and dominate the internet. Typical examples include Google and Facebook which are mega companies that offer their products for FREE. Revenue is generated using advertisements while their audience uses their online platform for education or entertainment. The internet is the birth of freeconomics and the cost of digital data is rapidly getting closer and closer to zero.

Five businesses that you can start in the Laboratory Medicine industry after the COVID-19 pandemic include: Medical Transportation, Medical Delivery, Medical Cleaning, Medical Waste Disposal and Medical Laboratory. All of these business ideas are connected to Laboratory Medicine. Medical Transportation and Medical Delivery requires a reliable motor vehicle while Medical Cleaning and Medical Waste Disposal requires cleaning products such as alcohol, bleach, gloves, paper towel and garbage bags (biohazard). These are simple businesses which apply the KISS (keep it simple stupid) principle to LABORATORY MEDICINE.