Friday, March 28

The "Perception of Free" could be the new "Free"

So Chris Anderson's latest Wired article (about how "free" is the future of business) is now the #1 viral business idea getting emailed around corporate board rooms, marketing departments, and Marketing 201 classes.

Based on how his previous concept "The Long Tail" had a long tail of its own (it still shows up in marketing presentations), you can expect this one to have a decent half life. Especially with the book version coming out next year.

It will be interesting to see how the “perception of free” works its way into the e-commerce model.

I pay $79 a year for Amazon Prime, which gives me “free” 2 day shipping on almost all orders regardless of purchase amount. Which causes me to buy more things, more frequently throughout the year. E-commerce snacking.

Apple and Nokia are looking into an “all you can eat” music device that gives you a lifetime of “free” music downloads.

Which could lead to a Long Tail of Free essay from Mr. Anderson in 2010, followed by a book. Which probably won't be free.

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