revenue

Vocabulary Word

Definition

'Revenue' is the total income a business generates from its operations, typically from the sale of its products or services. It's like the total earnings of a shop before any expenses like rent or salaries are subtracted.

Examples in Different Contexts

In tech startups, generating 'revenue' often involves innovative monetization strategies. A startup founder might say, 'Leveraging freemium models and value-added services, we aim to accelerate revenue growth and gain market share quickly.'

Practice Scenarios

Marketing

Scenario:

Our recent marketing campaign has been very successful at drawing in new customers.

Response:

Right, the increase in customers has led to a significant rise in our revenue.

Sustainability

Scenario:

With the mounting pressure for companies to adopt greener processes, our consulting services are in high demand.

Response:

Yes, the rising demand for sustainable solutions should significantly boost our revenue.