Free?
Yesterday, i just renewed my flickr account for $25/year. Next month, i’ll be continuing my BusinessWeek Zinio Digital Edition subscription. Over the weekend, I was scouring eBay for Wired Magazine back issues that i missed so I can make sure there aren’t any gaps in my library. I’m slowly rebuilding my movie collection with – gasp – original DVD’s (whose price points have now entered the realm of reasonable) and to my uberfavorite films, I’m gradually getting them in Blu-Ray. Even my iPhone – after being jailbroken for a few months – is now purely legit, with apps that i’ve actually bought from iTunes.
Now, while i won’t hypocritically claim that I don’t get a lot of “free” stuff from – ahem – alternative sources, the flip-side is that I’m pretty much willing to fork over hard-earned dough for highly-selective content (more on that later), especially when the content meets my price-i’m-willing-to-pay-for requirements.
This, after all, has become the current fodder of discussion and debate — in the age of the internet, how do you get people to pay for content that they could otherwise just download for free?
I don’t know the absolute answer to that.
But what I do know is this – of all the new music loaded on my iPod last year, two albums came from CD’s that I actually bought from the record store – U2′ ‘No Line on the Horizon’ as well as Sugarfree’s ‘Mornings and Airports’.
Traditional marketing will say people will pay for value. That’s inarguably true. But then again, i’ve got a lot of other valuable content that I didn’t pay a single peso for. So the answer must be something that pushes the boundary on “value”.
The truth of the matter is – and this is quite corny – what ties together content that I am willing to pay for is something quite intangible — it’s the unexplainable emotional loyalty I have to the content/artists/magazine/movies/etc.
It’s almost as if I’m telling FastCompany, as an example — “Take my money! I want to contribute in my own way to your continuing existence.” Or with Sugarfree — “I respect your music too much to just buy the P35 pirated CD.”
It’s absolutely irrational, I know.
But those who crack this irrationality – this human quirk – will, I earnestly believe, win in this new age of content.













Great article, I totally agree!
This is great! Been educating my students about this – the reality and the ideal. It is not easy to save money to get something that you can ILLEGALLY get for FREE.
However, if you value content and intellectual property (even if it is waived), then you will know what to do.
thanks Florian!
Most definitely, Rom. I think the value and willingness-to-pay dynamic for content will be emerging in the next few years …