Archive for the 'scottkarp' Category

Lose to win. Give to get.

Sounds rather like a Jesus teaching, but it has been and continues to be the winning strategy on the web.

Publishing 2.0’s Scott Karp makes some good points about how this new,  open world can lose you money.

Yup, the companies that I suggest should open up stand to lose a lot by doing so.

However, losing a lot and staying alive is better than losing it slower and eventually dying.

As has been pointed out before, the only way these companies can win is to put themselves out of business before someone else does.

The way to do so is to give up control and force and monetize relationships and permission.

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Your gonna pay for that!

Around six or seven years ago the subject of free site vs. subscriber-based was a big one. Big surprise that I have never waivered from free.

But I just realized how ahead of the game I was back then when I said to one editor, “we may want to charge different rates, because some of the site-users will be causing a drain on us, but others will be contributing. ya know what I mean?”

“No,” she said, which was understandable since we didn’t have forums of any kind at the time.

On a side note, at that time I was pushing for the company to adopt the Arsdigita Community System (see OpenACS ), and I admit that my notion of “paying contributors” was heavily influenced by Philip Greenspun.

Scott Karp seems to be thinking that the time has come to pay the users.

What a great way to promote Citizen Journalism (or whatever you want to call hyper-local-non-journalist-majors-traditional-media-aggregated-content)

For less than one yearly salary (I hope!) a news company could pay for ten local blog posts a day at ten bucks a piece.

10 X 10 X 365 = $36,500

Fifteen bucks if a photo, audio or video is included, of course. ; )
But really, we should just let the bloggers keep all the Google ad money, even though we might be driving traffic, and figure we’ll make it up at a higher level of long term relationship marketing.

In other words, they get the nickle and dimes and we get the gesture and attention data for the big payoff.

Sounds perfectly fair to me.

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The more MySpace gives away, the richer they will become

Scott Karp reminds me of how right I was back here and goes a bit further explaining just how MySpace can monetize that traffic, by getting out of the way.

It seems to be true with open-source, content syndication, and even advertising, that the more ye gives, the more ye shall receive.

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