Making the "Free" Business Model Work In a Tough Economy
Randy Savage writes “With venture capital on hold and advertising revenue down, the WSJ discusses where online business models might go. ‘Over the past decade, we have built a country-sized economy online where the default price is zero — nothing, nada, zip. Digital goods — from music and video to Wikipedia — can be produced and distributed at virtually no marginal cost, and so, by the laws of economics, price has gone the same way, to {content}.00. For the Google Generation, the Internet is the land of the free. ‘”
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