December 28, 2007 The Christian Science Monitor holds forth on the good and bad in the "digital race" of 2007. In their annual summing up,
FanLib is the "bad" object lesson for "Web 2.0"Digital race? WTF, dudes! It isn't a race, it's a freaking big bang spreading outwards in every direction
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Morons.
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Angie
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Companies need to understand what motivates audiences before creating business models around them.
Calling fanfiction writers and readers an "audience" is missing the point spectacularly. It's like calling a major league baseball player a "sports fan."
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An old friend is developing a product that will be sold online and at events. It's not fandom related, but it's similar in its narrow appeal and need for word of mouth. A marketing guru told him he needed "affinity marketing," and thought they should build a social networking site just to sell the product.
Totally bats? Yes, indeed. It would be like setting up one to promote... reproductions of tin flour canisters from the 1950s. Really a small niche, and not profitable enough to justify the labor and expense.
I told my friend social networking would happen around the product with or without him. :p
Perhaps one day corporate America will understand social networking is not something they can buy or build, but people, millions of them. Right now, though, they believe it is a magical, inexhaustible gold mine. It will be the next bubble to burst.
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I don't see that happeninng until companies (US or otherwise) realize that not everything in the world is sellable. Though admittly, they are pushing that route too.
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