There Is A Cost To Free

Read the entire post from Mitch Joel

Whether you are creating any form of content online (text, audio, images or video) or are simply consuming it, there is a huge cost to all of this free goodness. On December 23rd, 2008 I posted a Blog entry titled, Breaking News On The Internet, where the question came up:

"Who is going to pay for all of this content that we are all now consuming online?"

That question could well be the crux of the problem most Marketers have with trying to figure out either how to monetize the Social Media channels or how to connect with consumers within it. The business behind most content has always been:

1. Advertising supported to make the content free.
2. Advertising supported to subsidize the cost.
3. Advertising-free with a cost.

Anybody can Blog, doesn't mean anybody should Blog.

Yes, the best part of these tools is that they are free and easy to use, but we all know the saying, "just because you can, does not mean that you should." On the personal or hobby side of things, Blog away, post away, tweet away. From a professional perspective, you need to have the content creators and a semi-well thought out plan in place if you really want to use these channels and tools to create a viable media property surrounding your brand, products and services. It's not as simple as freelancing the video out and it's way harder than hiring a writer to be your in-house Blogger.

What do you think: is content really free?

Tags: advertising blog business model business strategy consumer behaviour content digital marketing marketing monetization online community podcast publishing social media