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The Collapse of Complex Business Models « Clay Shirky

The Collapse of Complex Business Models « Clay Shirky | Online Business Models | Scoop.it

"...when the ecosystem stops rewarding complexity, it is the people who figure out how to work simply in the present, rather than the people who mastered the complexities of the past, who get to say what happens in the future."


Though one year and half old, it is still very much a
worthwhile read: http://www.shirky.com/weblog/2010/04/the-collapse-of-complex-business-models/  

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Web-Based Business Strategies and Monetization Models
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Business Models for Journalism: Where The Real Opportunities Are

Business Models for Journalism: Where The Real Opportunities Are | Online Business Models | Scoop.it
Robin Good's insight:



Vincenzo Marino does an excellent reporting job on the International Journalism Festival news site, by summarising and distilling the good stuff emerging from an interesting and sustained debate on Twitter (Business Models for Journalism - Storify) on the state of online journalism and its potential future business models, initially kicked off by entrepreneur and Netscape co-founder Marc Andreessen.


Among the highlights, what Andreessen calls “the most obvious eight business models” for now and the future:


1. Quality journalism for high-quality ads

2. 
Succeeding in making readers subscribe and pay for value products


3. Premium content worth buying


4. Relying on live conferences and events


5. Investing across multiple channels


6. Crowdfunding ("Gigantic opportunity especially for investigative journalism")


7. Offering the option to pay in Bitcoin for micropayments


8. Keeping an eye on philanthropy (like ProPublica and Pierre Omidyar's First Look Media)


One stratospherically important point to take home from this valuable roundup is the following: 


"The role played by quality, however, is crucial especially when analyzed in the light of the tendency of the market to expand, creating less accurate content.


The challenge is to make a product (or brand) a point of reference, a lighthouse in the night of uncontrolled content and viral hoaxes."



Informative. Resourceful. Insightful. 8/10


Original article: http://www.journalismfestival.com/news/state-of-the-media-and-possible-business-models/ by Vincenzo Marino 


Reading time: 12 mins.





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Getting Funded with Venture Capital: Why It May Not Be Such a Good Idea

Getting Funded with Venture Capital: Why It May Not Be Such a Good Idea | Online Business Models | Scoop.it

"You are more than three times as likely to crash your startup as you are to ring the NASDAQ opening bell."

Robin Good's insight:



Rachel Chalmers illustrates five key reasons why it may not be such a great idea to get your startup funded by venture capital.


These include: 


  1. Not getting a fair hearing

  2. Rising capital means losing the YOU and giving in to financial interests as the primary drivers

  3. The majority of VC funded companies will not ever generate any venture success

  4. You are not going to have full control anymore

  5. Venture math is a harsh mistress 


Key advice: VCs are optimizing for a very specific outcome (making a large as possible profit fast). Share that alignment, or don’t take their money.


Chances to convert a startup into a VC-funded success, are not very high, if you look at the numbers. But worse than that, is what you have to endure and give up to achieve that goal.


Useful. 7/10



Full article: http://modelviewculture.com/pieces/five-reasons-not-to-raise-venture-capital 

Reading time:  7 mins.


See also: http://www.masternewmedia.org/bootstrapping-startups-guide/ 







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Optimize Your Ad Revenue with SwitchAds

Optimize Your Ad Revenue with SwitchAds | Online Business Models | Scoop.it

Op

Robin Good's insight:



Switchads is an automatic auction ad platform that allows you to have multiple ad networks compete for your the minimum CPM price that you set.


For example if you are running Google ads on your site you can activate SwitchAds easily and your Google ads will be replaced with alternative and higher paying ones, only if there are advertisers meeting your minimum set CPM.


In their words: "Using SwitchAds unique technology, we provide your website with access to increased advertiser budgets by getting them to bid on your inventory in an auction. This increases the competition and price for the advertising on your website."


In this way your risk is zero and you can only possibly gain some extra revenues.


Switchads makes money by adding his small commission on top of your minimum set CPM revenue. 


You can check stats and revenues in real time.



N.B.: I am currently testing Switchads on the top banner space of MasterNewMedia but I have too little data to yet express an evaluation. 


The only drawback I encountered has been setting my minimum CPM in British pounds.



Free to use.


Try it out now: http://switchads.com/ 


How it works: http://switchads.com/index.html#how-it-works 


FAQ: http://news.switchads.com/frequently-asked-questions 






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The Future of Music Revenues May Actually Not Be in Selling Music

The Future of Music Revenues May Actually Not Be in Selling Music | Online Business Models | Scoop.it

"Even as they have grown, streaming companies have encountered a stubborn problem: Music lovers will consume large amounts of music as long as it is free, but getting them to pay a monthly subscription has proved much more difficult."

Robin Good's insight:



People are more than happy to sign-up for music streaming services, but when it comes to pay for access, very few feel it is something they want to do.


Pandora has for example 70 million users, but only 3 have decided to pay for the Premium version of the service.


While most industry players are attempting to have music fans pay for higher quality audio options and a no-ads experience, it is likely that the future of music monetization will not be anymore in direct music sales.


"Several analysts doubt that streaming companies can attract enough paying customers with only recorded music, citing a sharp drop in music sales over the past decade and abundant free music online. And they say it will be difficult for them to survive on advertising alone."

 

The key to survival for music producers, whether large or small, may be indeed elsewhere.


"...some see these companies’ success as lying in a so-called subsidy model, in which music sales support another business with higher margins.


Apple, most notably, used low-margin music sales to spur demand for iPods, phones and computers.


Music is an accompaniment, to add to your jog, your workday, your prep in the kitchen,” said James L. McQuivey, an analyst for Forrester Research. “But it’s not something you’re eager to pay for if you don’t have to.


The likely outcome is, as it is already happening, that monetization will come from everything that ranges from events, to merchandising and to collector's items. 


Informative. 7/10


Full article: http://www.kansascity.com/2013/12/13/4691034/a-stream-of-music-not-revenue.html 


(Image credit: Woman listening to streaming by ShutterStock)



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Luke's curator insight, December 16, 2013 6:10 PM

I think this will eventually succeed, once large online platforms like Beatport try it. It might take some time though.

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Minimum Viable Product: Seven Real-World Examples

Minimum Viable Product: Seven Real-World Examples | Online Business Models | Scoop.it

You don’t want to waste your time and money building a product no one will want to use or pay for. So, first get out of the building and talk to your customers. But there’s a world of difference between talk and action.

Robin Good's insight:


To build a new business online, it may prove quite effective to develop minimum viable products of the services your community is asking for, before moving all of your resources and money to build a full-featured and complete version.


Vladimir Blagojevic has curated a selection of seven useful minimum viable products that have been already created, as to provide an inspirational reference to anyone wanting to embark on the same journey.


"A minimum viable product is “that product which has just those features and no more that allows you to ship a product that early adopters see and, at least some of whom resonate with, pay you money for, and start to give you feedback on”.


For each one he has provided a good description of the real-world example, a screenshot and good story-description of how the minimum viabe product was put together.


Resourceful. Instructive. 8/10


Full guide: http://scalemybusiness.com/the-ultimate-guide-to-minimum-viable-products/ 



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Moses B. Tambason's curator insight, November 9, 2013 2:42 PM

More people are running to charity tube to post free videos and watch free videos than posting on you tube. Try posting at charity tube and you will never leave. http://www.africatube.net/ More visitors and more video views. Don't take our word for it, try it. Post one same video on youtube and put it on  http://www.africatube.net/ and return ater five hours and compare the viewers rate and decide for yourself. Create your very own group or forum and control who watch it and invite everyone to watch the video. Above all, post video in English or in any language and viewers can watch video description in their own language. Try it and let us know your experience. Above all it is absolutely free like youtube

Russell Holcombe, CFP, MTx's curator insight, November 16, 2013 12:48 PM

Great article on testing new ideas in business.

Jason Holman's curator insight, December 29, 2013 8:16 PM

good examples to live lean

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Key New Traits Characterizing Sustainable Business Models by Jeremiah Owyang

Robin Good's insight:



Jeremiah Owyang, a partner at the Altimeter Group, has published a valuable presentation outlining the key traits characterizing sustainable business models in the near future.


The key takeaways include: 


  1. The market sees purposeful brands that stand for something specific
     
  2. Local and personalized wins always over global
     
  3. Crowds are becoming like companies - bypassing 
    inefficient intermediaries
     
  4. On-demand wins always over standardized offerings
     
  5. Business models may need to be changed along the way 
     
  6. Partnering with your customers is the key to the future 



Excellent trends analysis. Owyang is right on target with his future of business models identikit. 



Check the full presentation here: http://www.slideshare.net/jeremiah_owyang/the-future-of-business-models 



(HT to Giuseppe Mauriello)




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Marcos Otero's curator insight, October 15, 2013 7:31 PM

The new type of enterprise

Tom Hood's curator insight, February 22, 8:24 AM

Great find by Robin Good and timely as we just had a session with Rita McGrath (author of the End of Competitive Advantage) emphasizing the impact of disruption and the need for a different mindset around resilience. This preso by Jeremiah Owyang gives some great tips for thinking about the types of shifts in business models we should be thinking about. 

 

Slide 13 captures these shifts well:

 

1. Purpose (start with why) is key

2. Glocal wins - Global reach and mindset delivered locally (relationships)

3. Personalize everything possible

4. On-demand 

5. People make and share - collaboration and co-creation with your customers

6. Empowered people

 

This is important for CPAs to understand as they advise and support their businesses (clients and employers). Business models are no longer stagnant or as Rita would say, sustainable over a long-term. Thus we need to be constantly re-examiming our competitive advantages.

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A Free Business Model Canvas Generator: Abizmo

A Free Business Model Canvas Generator: Abizmo | Online Business Models | Scoop.it
The easiest Business Model Canvas generator. Create your project canvas in 2 steps only.
Robin Good's insight:



Abizmo is a free Business Model Canvas generator. Easy and intuitive to use, it auto-saves your work and works great on the iPad.


To use it, you leave your name and your email and then you get two links: one to a private editable version of your BMC and the other to the public version.


Free to use.


Try it out now: http://abizmo.com/ 




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Ken Burnett's curator insight, October 10, 2013 2:16 PM

Getting it together! Lets make some dough!

Paul P Roberts's curator insight, October 11, 2013 3:44 PM

As someone that does a lot of business planning this tool looks very interesting. It's simple design output also makes me wonder whether this could be adapted in the market research market, a one page insight delivery might inspire more detailed and focussed work.

Philippe MATHIEU's curator insight, October 15, 2013 12:43 PM

outil en ligne pour définir son Business Model (cf. livre Business Model Nouvelle Génération)

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Customize and Accept Recurring Payments Online from Any Country with Peakium

Customize and Accept Recurring Payments Online from Any Country with Peakium | Online Business Models | Scoop.it
Accept payments on your terms, without altering your service, product or subscription model.
Robin Good's insight:


Peakium is a commercial web servive which makes it easy to customze and manage recurring subscription payments while allowing online sellers to offer multiple alternative payment solutions.


Peakium facilitates the personalization of subscription offers according to the specific needs of your service and customers.
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Peakium is agnostic to the payment method and can connect to just any type of payment gateway available making it easy to accept payments in many other formats beyond the standard credit cards.
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Price: $159/flat/mo
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Find out more: http://peakium.com/ 
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Kasper Christensen's comment, September 6, 2013 10:33 AM
Thanks for the scoop on Peakium, Robin!
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Google Helpouts: Not With Friends But With Teachers

Google Helpouts: Not With Friends But With Teachers | Online Business Models | Scoop.it
Robin Good's insight:



Google has made public a new service built on top of Google Hangouts and which allows qualified users to deliver online coaching and mentoring sessions on just about any topic. Either for free or for a fee. Google will handle payments and keep 20% of the compensation you receive.


From TheNextWeb: "Google is currently testing Helpouts — touted as “a new way to connect people who need help with people who can give help, over live video, anytime, anywhere”.


The new service will be tied into Google+ and it’s basically Google Hangouts: not with friends, but with teachers."



More info: http://thenextweb.com/google/2013/08/21/google-quietly-introduces-helpouts-google-hangouts-that-connect-people-to-experts/ 


https://support.google.com/helpouts/#topic=3164466 


Reserve your seat right now: https://helpouts.google.com/welcome 





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How Do You Properly Compensate Content Creators When Content Curation Is The New King?

How Do You Properly Compensate Content Creators When Content Curation Is The New King? | Online Business Models | Scoop.it

"The curator is getting more cred for recognizing good content than the creator is for making good content."


Robin Good's insight:



Tara Hunt, has an interesting article spotlighting the fast growing importance that curators are gradually gaining on the Internet and on the subsequent need to find ways for properly compensating original content creators.


She writes: "...while creators are necessary and amazing, curators are the ones raking in the dough.


I was alerted today by a friend that a video that Carlos and I made for Vine that had become super popular (over 118,000 likes + 77,000 Re-vines) was featured on a Facebook page called Best Vines and making its way around (with over 230,000 likes + 46,000 shares). The page owner lifted the content off of Vine and reposted it on his own page (no credit back to the original). This page has over 6.2M likes.


Now, this video of Ridley took us all of 30 seconds to make and we had no idea it would ‘go viral’, but for people like Will Sasso who appears to make it his full-time gig to make entertaining, engaging content on Vine and other places, this would probably be a bit of a violation. 


The curator is getting more cred for recognizing good content than the creator is for making good content."


And she is definitely right.


But as she correctly points out, there are already effective solutions in place, such as the YouTube authorship claiming facility which allows for original creators to digitally mark their own creations while giving full permission to curators to leverage and re-distribute them. This YouTube approach is the one that makes it possible for content creators to receive a share of the advertising revenue coming to YouTube, even when their clips are curated and played back on other sites.


The opportunity is there, not just for textual content, but also for video, music, photography and all of their sub-categories to be curated and monetized for the benefit of everyone.



Insightful. 8/10


Full original article: http://tarahunt.com/2013/07/20/creationcuration/




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Monica S Mcfeeters's curator insight, July 23, 2013 7:26 AM

I've heard everyone from Jaron Lanier to Tim Berners-Lee and a number of other noteworthy tech brains bring up this topic up. How do the creators of content and innovative ideas cash in on the contributions they have made that everyone is passing along and sharing? No one wants their work and thoughts stolen and most everyone I know wants creative people to keep creating what we need and want and would like them rewarded and to be able to earn a decent living doing that. This article is about how we can make sure that happens.

corneja's curator insight, July 23, 2013 5:24 PM

Thanks for this reflexion about contents and their creators in the times of the content curation!  Sorry, I didn't intend to make a rhyme. :-/

 

Digital Gloss's curator insight, July 24, 2013 5:19 AM

This is a thoughtful piece by Tara Hunt on how creators of original content can be compensated for their work. She praises YouTube's model and suggests that iStockPhoto might be a way for photographers to benefit from their creative work. Currently, writers are still looking for that great way to "get compensated."

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New Business Model for Traditional Publishers? Paid Curated Selections of the Best from the Week

New Business Model for Traditional Publishers? Paid Curated Selections of the Best from the Week | Online Business Models | Scoop.it



Robin Good's insight:



The Atlantic launches this week a paid, weekly curated selection of its best stories called the Atlantic Weekly.


From AdWeek: "The Atlantic Weekly will collect the week's best stories from TheAtlantic.com, The Atlantic Wire and The Atlantic Cities, as well as selections from its In Focus photo blog and an article from the magazine’s archive (reproduced as it originally appeared in print), reformatted as a magazine for the iPad and iPhone.


...will cost $1.99 for a single issue. Readers can also subscribe for $2.99 a month or $19.99 a year."


The reason for choosing this new direction sums up to this confession from editor in chief James Bennet: "Our concern has been that some of our better [online] pieces can get lost during the week, and that we’re not serving our readers as well on the weekend when there is time to lean back and digest a good idea."


"...will users pay for a magazine filled mostly with content that they can access for free on the Web?"


What do you think?



Original reporting from Adweek: http://www.adweek.com/news/press/atlantic-launches-paid-product-150392




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Tom George's curator insight, June 18, 2013 10:11 AM

Robin Good's commentary is far better than mine

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Sell, Rent or Offer Video Subs On Your Commercial Video Channel: Pivotshare

Sell, Rent or Offer Video Subs On Your Commercial Video Channel: Pivotshare | Online Business Models | Scoop.it
Pivotshare helps media creators and publishers sell their digital video content direct to their audiences, on our platform or your own site.
Robin Good's insight:


Pivotshare is a web service that allows any author or independent publisher to create a professional-looking video venue where to showcase, organize and (optionally) sell access to video and audio content.


Video channels created on Pivotshare will have a personalized URL such as robingood.pivotshare.com, and you can further brand the channel with your selected profile picture or logo and your favorite background.


Video channels can be displayed as "showcases" or "libraries" depending on the quantity of material you have available, can be embedded on any web site and can be easily viewed across all types of screens and devices, from desktop to mobile.


On Pivotshare you can upload directly .MP4, .MOV, .SWF, .FLV, .AVI, and .MP3 files and organize them into discrete collections. You can add names, descriptions, relevant tags as well as decide how you want to make this material accessible.


You can for example let everyone see freely certain content, while at the same time making a "tip jar" facility available and setting your preferred minimum tip level. Or you can decide to set a "monthly subscription price", rather than a "rental" or "purchase" fee.


Check this image to get a better idea: http://o7.no/15Mgscw


It is also possible to invite and collaborate with other authors / publishers contributing all to the same video channel.



Pivotshare is definitely a gret solution for independent authors and publishers, who are looking to start their commercial video channel online with the minimum effort and the maximum of results.


There are no costs involved. Pivotshare keeps a fixed percentage of your incoming revenues (unclear how much exactly).


Free to use.


More info: http://www.pivotshare.com/


Try: http://www.pivotshare.com/try/


Channel examples: http://www.pivotshare.com/#featuredchannels




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Robin Good's curator insight, May 9, 2013 6:03 AM

Recommended.

Mr Tozzo's curator insight, May 14, 2013 9:20 AM

Create a Professional Video Channel Where To Sell and Rent Your Clips: Pivotshare

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The Future of News Is Around Individual Talent, Not Advertising: The 10 Key Ideas

The Future of News Is Around Individual Talent, Not Advertising: The 10 Key Ideas | Online Business Models | Scoop.it
"What if news organizations confronted the reality that nearly all media will be 'social media' a decade hence?
Robin Good's insight:



If you are wondering what the future of news may really look like, my advice is to give a very good read to this fantastic article.

In it, Nicco Mele and John Wihbey report the sad state of the news industry and illustrate the facts that indicate an alternative, high-value path that can be taken for the future. The tracks are already there, paved by some pioneering orgs and by a bunch of small individual personalities on the web. 


This article distills the very own business and development approach I have been using since 2008, when I have decided to move away from depending on Google-based advertising revenues and toward the creation of a service dedicated specifically to develop information-based micro-businesses focusing on individual personalities.


Here, from a ton of interesting content I have excerpted 10 key thoughts that stand out for me as being fully representative of the new model that is emerging for the future of the news business (curators, subject-mater experts, individual with a real expertise read closely).


1) ...terrifying signs of the decline of the news industry.

...three of America’s most esteemed papers for sale — The Boston Globe, the Chicago Tribune, and the Los Angeles Times...


2) News revenue remains overwhelmingly dependent upon advertising, but the radical connectivity of the Internet has greatly diminished both the scale of newspapers’ reach as well as the value of advertising.


3) What if journalists became like your doctor, dentist, or teacher — people who provide a valuable service to you, and whose name, voice, and personality are more intimate? ...The question then becomes how to create a social presentation layer that wraps around news — preserving the integrity of the product but updating its interface to fit with human behavior in the digital age.


4) Without an identity, much journalistic content will increasingly be swept around the Internet in an anonymous blur of sharing and finding through networks, with little regard for the source or the labors taken to produce that news.


5) ...re-design the newspaper to be a platform for talent across multiple media. ......what if news outlets decided to flip their model, so that the editorial staff was not subservient to the brand, but the “brand” became a platform for talent?


6) ...outlets, like Boing Boing, are making money largely based on the brands of several smart, interesting personalities. Many of the “blogging networks” are built around aggregating traffic across different online personalities. One could name dozens of examples where a single blogger or news personality is driving substantial traffic. ...we’re already likely to see a “new dance between top talent and media brands,”... “If brands are successful at assembling enough talent,” ... “they’ll succeed because they provide easy entry points for us consumers.”


7) The future of news organizations is a lot of [diversfied] revenue sources — maybe as many as 30 or 40 — and none of them account for a substantial stake of the organization’s income.


8) In March of 2008, Kevin Kelly famously put forth the theory of 1,000 true fans as a potential future for music. Find 1,000 dedicated enthusiasts willing to pay you $100 a year for your music, and then you don’t have to worry about selling albums.


9) Why are more journalists not doing the same — and creating more kinds of editorial products to sell — while cultivating a paying fan base?

With the decline of trust and loyalty in large institutions, it is increasingly hard to imagine people in the coming decades subscribing because of loyalty to an institutional Big Media entity. Yet it’s easy to imagine them wanting to fund several people whom they trust to bring them information they care about.


10) ...research to date shows that the average news consumer is a creature of habit, circling back to the same two to four big websites to get their news. But this will not continue in perpetuity... “Elite” news consumers — ... already organize their consumption this way, around key Twitter and RSS feeds, following lists of personalities they like or admire. The broader public will ultimately begin to shift in this direction.



Milestone. Must-read article. Insightful. Inspiring. Well-documented. 10/10


Full article: http://www.niemanlab.org/2013/04/the-end-of-big-media-when-news-orgs-move-from-brands-to-platforms-for-talent/




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Miklos Szilagyi's curator insight, April 14, 2013 3:18 AM

Well, you can start thinking about it... what is coming out of this for you... personally and company-wise...

Alison D. Gilbert's curator insight, April 14, 2013 1:57 PM

It's about time someone said that.

Anake Goodall's curator insight, May 16, 2013 6:59 AM

this space is fair fizzing, and the pace of change and creative destruction is - if anything - continuing to accelerate ...

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Why Bootstrapping Is a Better Choice for Value-Driven Startups

Why Bootstrapping Is a Better Choice for Value-Driven Startups | Online Business Models | Scoop.it

"In the age of startups and micro-enterprises, the first thing you hear about, when it comes to creating a new company, service or digital product is a whole new glossary of words starting ranging from venture capital to angel investors."

Robin Good's insight:



Does a startup really need to raise venture capital?


I guess it depends on what its goals and values really are.


If you are after the magic opportunity to do what happens to one in a thousand startups when it is bought up by a giant company like Google, then you shouldn't hesitate to party down with the VCs. 


But if you are after creating something that has personal value for you beyond the money that it will make, if you want to keep steering the direction of your service and if you don't like to come down to many compromises, then be very careful about jumping on the VC funding train.


Here my own thoughts and ideas on why it is so important, for those in this second group, to avoid the funding dream and to go after a bootstrapping (and possibly crowdfunded) approach. 



Full article: http://www.masternewmedia.org/bootstrapping-startups-guide/ 



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Martin (Marty) Smith's curator insight, April 20, 8:54 PM

I changed the title here because the longer you can bootstrap your startup the less you give up and the more you get for your hard work.

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Future of Music Business Is About Access, Relevance and Context

Explore the largest community of artists, bands, podcasters and creators of music & audio
Robin Good's insight:



Valuable audio interview of Peter Petro with Gerd Leonhard who explains what are the key traits that will characterise successful music projects in the near future.


Distribution is closing, Access is opening. Curation will play a relevant role as the new key traits to cultivate are about context, relevance and adding unique value.


Free.




Insightful. 8/10



Listen from 3':30" to 6':15".


Original audio interview:  https://soundcloud.com/the-near-future/gerd_leonhard_interview 





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Mangu TV's curator insight, March 14, 8:57 AM

far out thinking, highly recommended

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Create and Manage Your Affiliate Program with Tapfiliate

Create and Manage Your Affiliate Program with Tapfiliate | Online Business Models | Scoop.it
Tapfiliate is in-house affiliate software, hosted by us in the cloud. It helps you to create and manage your own affiliate programs.
Robin Good's insight:



Tapfiliate is a new commercial web app which allows small publishers and online businesses to easily set-up and manage their own affiliate program.


The service integrates the ability to have new publishers sign-up as affiliates, to determine commissions (fixed or %), to provide the promotional materials and and affiliate links to use, and to set for how long tracking cookies will work.


Prices stat at $19/mo for up to 300,000 tracking events and with unlimited affiliates. 


I have set up an account and an affiliate program, and found everything easy and straightforward to set up. I'd recommend Tapfiliate for small businesses looking for an easy, reliable and simple to manage solution.


Pricing: https://tapfiliate.com/#pricing 


Try it out now: https://tapfiliate.com 





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Kam Roy's comment, March 10, 2:15 AM
thanks
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How To Distribute and Sell Your Music Online: A Guide for Independent Musicians

How To Distribute and Sell Your Music Online: A Guide for Independent Musicians | Online Business Models | Scoop.it
Robin Good's insight:



Budi Voogt has recently updated his excellent musician's indie guide to digital distribution for independent musicians containing lots of useful information and good advice.


He covers most everything you need to know, from which are stores that matter to the types of payment deals available and their pros and cons as well as the different distributors options you have and their contract terms.


My comment: If you are an independent musician looking to better understand what options you have available to sell and distribute your music online, check this guide out.


Informative. Resourceful. Recommended. 8/10


Full guide: http://www.hypebot.com/hypebot/2013/11/the-indie-musicians-guide-to-digital-distribution.html 




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Identify Valuable Business Opportunities with the Consumer Trend Canvas

Identify Valuable Business Opportunities with the Consumer Trend Canvas | Online Business Models | Scoop.it
Robin Good's insight:


Trendwatching.com, a web magazine devoted to analyze, research and report about upcoming consumer trends, has released the Consumer Trend Canvas (inspired by Alex Osterwalder's).


The free CTC has been designed for anyone interested in looking deeper into the innovation and business opportunities available by looking into the specific traits of new consumer trends.


The Consumer Trend Canvas per se is nothing else but a printable PDF framework that contains instructions, tips and examples as well as a full-page structured canvas that help you analyze any possible consumer trend.


"An easy-to-follow framework that will help you not only unpack and understand any consumer trend, but also help you apply it to launch successful consumer-facing innovations of your own."


More info: http://www.trendwatching.com/trends/consumertrendcanvas/ 


Consumer Trend Canvas: http://www.trendwatching.com/trends/pdf/2013-10%20CONSUMER%20TREND%20CANVAS.pdf 




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yeohyc's curator insight, October 17, 2013 12:44 AM

An easy-to-follow framework that will help you not only unpack and understand any consumer trend, but also help you apply it to launch successful consumer-facing innovations of your own.

Alessandro Rea's curator insight, October 17, 2013 5:06 AM
CONSUMER TREND CANVAS:

An easy-to-follow framework that will help you not only unpack andunderstand any consumer trend, but also help you apply it to launchsuccessful consumer-facing innovations of your own.

 

 

How & when to use the CONSUMER TREND CANVAS:Download your blank Consumer Trend CanvasTake the trend that you are interested in exploring further (either from us, or elsewhere!).As you analyze the trend, fill out the left hand side of the canvas (‘Understand’) with insights, data and examples. Then use the ‘Apply’ section on the right hand side to capture your ideas.Keep on circling back to re-examine how the segments relate to each other. Insights in one segment may highlight other elements of the trend and help you uncover truly novel concepts.Also, try using it to structure an innovation session with your team or a client. Then enjoy that ‘a-ha!’ moment as people both understand what a trend is all about, and how to make the most of it ;)

 

Read More: http://www.trendwatching.com/trends/consumertrendcanvas

Elías Manuel Sánchez Castañeda's curator insight, November 17, 2013 2:44 PM

A significant percentage of working-age Mexicans (PEA: economically active population) have no chance of finding a job as an employee, so it needs to develop the ability to use tools for self-employed or start a business. A useful tool is the Business Model Canvas, which allows a review sheet nine key concepts that has any business, and develop knowledge and actions that increase the likelihood that the company move forward.

Un porcentaje importante de los mexicanos en edad de trabajar (PEA: Población Económicamente Activa) no tendrá oportunidad de encontrar un trabajo como empleado, por lo que necesita desarrollar la habilidad de utilizar herramientas para auto-emplearse o para iniciar un negocio propio. Una herramienta útil es el Model Business Canvas, que nos permite en una hoja repasar nueve conceptos clave que tiene cualquier negocio, y desarrollar conocimientos y acciones que incrementan la probabilidad de que la empresa siga adelante.

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The Pros and Cons of Paid Content Models

The Pros and Cons of Paid Content Models | Online Business Models | Scoop.it
Do Paywalls Change the Engagement Equation? - The Huffington Post

 

Jake Batsell seems to think so, saying that while advertising-driven models of digital journalism aim to maximize page views, when news organizations introduce online subscriptions "it reconfigures the benchmarks for success."


Which leads to the question: What are online readers willing to pay for digital content?


It's one of those complex issues troubling publishers, editors and reporters who have to worry about producing enticing content to compete with the plethora of digital fare, and, ensure the success of their revenue streams.








Via Lelio Simi
Robin Good's insight:

Paid Digital Content: The Journey Begins, a report by the World Association of Newspapers and News Publishers (WAN-IFRA), uses case studies to explain successes, failures and transitions news organizations are experiencing in attempts to get readers to pay for what they consume.


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Future of Books (and eBooks) May Be Via Subscriptions

Future of Books (and eBooks) May Be Via Subscriptions | Online Business Models | Scoop.it
The launch of eBook subscription service Oyster has set the proverbial cat among the pigeons in the publishing world.  Publishers and authors are frantically trying to work out just what on-demand ...
Robin Good's insight:



From the original article by Mark Mulligan: "Subscriptions are clearly the best product set media companies currently have for monetizing the consumption era.


For the music industry they continue to raise as many questions as they answer, but for books they might just be the ticket to genuine digital prosperity."


Here's a few reasons why:


Book Subscriptions Offer a Much Clearer Path to Additive Revenue than Music - because books take longer to read than a CD does to listen, authors and publishers should see greater revenue margins.


Per-reader value versus per-title value - If an author or publisher is simply think in terms of 1 sale becoming 1 rental then it is a net-loss scenario. But if just over twice as many people read the book then it is a net-gain scenario. The more people that subscribe and the more that read more books – the Consumption Quotient -the more likely that subscriptions will become additive rather than substitutive.


The author also suggests that the book industry has a key advantage in that it can learn a lot from the mistakes already done by the music subscription industry and can avoid repeating them by paying attention to a few key elements such as:


  • Transparency
  • Curation
  • Discovery
  • Pricing
  • Video and multimedia native support



Insightful. 8/10


Full article: http://musicindustryblog.wordpress.com/2013/09/11/what-the-music-industry-can-teach-book-publishers-and-authors-about-subscriptions/ 



(Image credit: Subscribe road sign by Shutterstock)







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Robin Good's comment, September 22, 2013 3:39 AM
Rodrick: print books are here to stay for quite some time still, as there will be, like in your case, always some demand for this unique medium. Print publishers will have to reorganize and rethink their business strategy to remain profitable.
Ghouti Kerzabi's curator insight, September 24, 2013 6:19 PM

Le lancement du Livre abonnement Oyster de service a mis le chat proverbial parmi les pigeons dans le monde de l'édition. Editeurs et auteurs sont frénétiquement essayer de travailler sur tout ce que la demande ...

chen kc's curator insight, October 10, 2013 12:40 AM

http://www.staged.com/video?v=WQce like this video content...i like this....great visualise...subscription...?

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The Business Model Gallery: Best World Examples To Be Inspired From

The Business Model Gallery: Best World Examples To Be Inspired From | Online Business Models | Scoop.it
Robin Good's insight:


The Business Model Gallery is a growing database of curated business models canvases gathered from a diverse set of companies operating in different sectors.


For each company you can analyze its updated "business canvas" in which you can see at a glance the key value propositions, its partners, revenue streams and all of the other key business building blocks.


Business models can be easily searched, filtered and compared across specific building blocks you are interested in. 


Coming up are also a PDF and PowerPoint export option as well as a dedicated iPad app.


A free trial is available and pro plans start at $9/month and go up all the way to $29/mo according to the number of features you want to use.


My comment: The Business Model Gallery offers a truly excellent gallery of valuable business models which can be extremely useful for anyone studying, researching or working on creating a successful new company.


Furthermore this is a great living example of how, curated collections of best of breed examples, are going to have a go as very useful business services in the coming months and years.



Free for the first three months: http://businessmodelgallery.com/ 


Features: http://businessmodelgallery.com/features/ 


Pricing: http://businessmodelgallery.com/packages/ 


To learn more about the canvas and its 9 building blocks, visit www.businessmodelgeneration.com



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www.sercompetitivos.com's curator insight, August 31, 2013 2:51 PM

La parte más difícil de concebir un proyecto emprendedor no es encontrar financiación para su lanzamiento: primero hay que tener un modelo de negocio efectivo. Esta Web es una muy completa base de datos para entender el business model de las empresas más exitosas

Farid Mheir's curator insight, September 6, 2013 10:00 AM

I've been using business model tool for years now. This gallery is truly amazing and I believe will be very useful for business architects and managers as they define their own corporate strategy because they will be able to easily compare with what others are doing.

Paul Hobcraft's curator insight, October 23, 2013 3:54 AM

Well worth exploring this site

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Can You Start Charging For Your New Online Service From Day One?

Can You Start Charging For Your New Online Service From Day One? | Online Business Models | Scoop.it



Robin Good's insight:



Christian Rennella has an interesting article on ESBJournal, analyzing three fundamental aspects that, in his view, define the failure or successof an online startup. These are:


1) Does what you are developing resolve a real issue?


2) Would customers be willing to pay for it in the medium and long term?


3) Is there space for future growth?


And I can't but agree with his assessment that the best business model that can be adopted today by a new online startup is monthly subscriptions.



Interesting. 7/10


Full article: http://esbjournal.com/2013/08/why-should-an-entrepreneur-charge-for-their-services-from-day-one/ 


(Image credit: Buy now sign - Shutterstock)



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Kim Golez's curator insight, August 9, 2013 12:42 PM

You got a point here man hehe

Phyllis Smith's curator insight, September 11, 2013 10:24 AM

Better have a good plan in place to manage your online sales.

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The Independent Crowdfunding Video Journalism Platform: Vourno

The Independent Crowdfunding Video Journalism Platform: Vourno | Online Business Models | Scoop.it
Robin Good's insight:



From the official site: "Vourno.com provides journalists (Vournos) with the tools to raise capital for the creation and production of quality, newsworthy content and gives the public (Pubs) the ability to directly fund, share, watch and rate those stories."


Successfully funded projects are produced and premiered on the Vourno online network.


Here's how it works:


1. Video journalists (“vournos”) propose a video story they want to create (“Video is where everybody’s going,” Verdirame said).


2. Members of the public (“pubs”) browse the stories they want to fund and help publish it by donating. They can also pitch their own stories they want to see published for a vourno to pick up.


3. Vournos gather enough funds from pubs to pay for their salary, equipment, travel expenses and any extra team members they may need (editor, videographer, etc.)


4. The vourno gets a certain amount of time to complete the story and publish it on Vourno’s website for all to watch and share for a week before selling it elsewhere.


5. More popular, original and in-depth reporting will get more play on the website, and more sharing means more revenue through advertising — which eventually will be shared by vournos and pubs.


(Source: Zach C. Cohen - Idealab)


Find out more: https://www.vourno.com/


How it works:

https://www.vourno.com/vournos-how-it-works

https://www.vourno.com/pubs-how-it-works


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marcpetit622's curator insight, June 27, 2013 3:43 PM

We also pride ourselves in offering lots of "extras" that are exclusive to this club. We work with many local manufacturers and also have a window treatment specialist, heating/cooling and plumbing specialist, and window and door reps on site so that you can get specific recommendations from the experts.

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A New Model for eBook Publishing, Distributing and Earning: Screwpulp



Robin Good's insight:



Screwpulp is a new startup that wants to help independent book authors to get their books out there (in digital format), and... if the public likes them, to make also a revenue from their sales.


The business model is very interesting. It works like this:


1. Anyone can publish with Screwpulp and get an ebook out.


2. The first 100 copies of the copies are given out for free to individuals willing to review and rate the ebook.


3. The ebook now sells at 0.99 (or $1) until a thousand copies are sold.


4. Once a thousand copies are sold, price goes up to 1.99 until 10,000 are gone.


And so on.


Authors keep all of the rights to their works and retain 75 percent of the profit.



Find out more: https://www.screwpulp.com/


Free ebooks already available: https://www.screwpulp.com/?browse&*=free


Best sellers: https://www.screwpulp.com/?browse&*=bestsellers


More info for authors: https://www.screwpulp.com/?publish






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Sergey Ruseev's comment, May 23, 2013 11:28 AM
Thanks. We will try it.
Yannick Mériguet's curator insight, June 11, 2013 12:18 AM

Un model de publishing qui parait très efficace. A essayer.

Phyllis Smith's curator insight, August 11, 2013 10:07 PM

With so many people trying to publish books, papers, memoirs - this new start-up may be the answer for getting your media to the masses.

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Is Google the Killer of Newspaper Print Ad Sales?

Is Google the Killer of Newspaper Print Ad Sales? | Online Business Models | Scoop.it
The U.S. newspaper industry has lost more than $40 billion in ad revenue in the past decade — over half of that in the last four years alone — and Google’s ad revenues are now more than twice what the industry pulls in.
Robin Good's insight:


From the original article by Mathew Ingram on Paidcontent.org: "...ad revenue falling off a cliff about a decade ago, hitting a brief plateau in the mid-2000s and then free-falling over the next several years.

...The speed with which billions of dollars in advertising revenue simply evaporated over the past decade is incredible.


...Of course, all of that advertising revenue didn’t simply disappear overnight. So where did it go if it wasn’t going to newspapers? It went online, naturally — and the second chart shows the biggest beneficiary of that exodus: namely, Google."


Intruiguing hypothesis and data correlation. Must read. 8/10

*lots of interesting comments too


Ful article: http://paidcontent.org/2013/04/11/two-charts-that-tell-you-everything-you-need-to-know-about-the-future-of-newspapers/




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jalp Internet Consulting Services's comment, April 19, 2013 7:25 AM
Google transformed advs and made them accesible to SME's. So low budget marketing departments can act more easily, even if they run their campain through agances.
Guillaume Decugis's comment, April 22, 2013 11:33 AM
@Jalp: good point and an essential reason that drove this change. Not just attention but lowering the barrier to entry. Thanks!
Kitty A. Smith's comment, May 6, 2013 2:37 PM
People are always looking to place fault. Things change when something better comes along. Just because newspapers were first doesn't mean they are best. Tobacco knows time is limited, that would explain why they bought Kraft Foods!