As an opening move, I prefer asking because telling implies they have nothing to add.
— Rands
Archive for the ‘Business’ Category
rands: As an opening move, I prefer asking because telling implies they have nothing to add.
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What if copyright infringement were made completely impossible?
Marco, who is great, made a good point in his post What if copyright infringement were made completely impossible?:
Today’s demand for permissively licensed content is nearly zero because most people can get away with small-scale infringement. If that were no longer possible, all of these infringements would be replaced by much more demand for permissively licensed content. Any publishers unwilling to satisfy the demand would be left in the dust by those who would.
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a made bed
I found this on the internet: a made bed
There are plenty of ways to earn a buck: create a remarkable product, invent something new, do something someone else won’t do, etc. etc.
Whatever you choose to do, realize it has consequences far more long-term than a single transaction. And who you decide to court as a customer is a decision you have to life with, as well.
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How to be a great client
Seth Godin put together a great list on how to be a great client. You should check it out.
As a client, your job isn’t to be innovative. Your job is to foster innovation. Big difference.
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Getting meta
I found this on the internet: Getting meta
Wikipedia contains facts about facts. It’s a collection of facts from other places.
Over and over, the Internet is allowing new levels of abstraction. Information about information might be worth more than the information itself. Which posts should I read? Which elements of the project are at risk? Who is making the biggest difference to the organization?
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Tracking the Hits Along the Musical The Long Tail
I found this on the internet: Tracking the Hits Along the Musical The Long Tail
Summary of Billboard’s analysis:
- As more digital albums are released, the more popular titles lose market share to the less popular titles. In other words, demand has shifted from the hits to the niches. The head (what Anderson would call the top 5,000 titles) has lost market share to the tail (all other albums). The head accounted for 77% of digital album sales in 2005. By 2008, the head’s market share had steadily dropped to 65%.
- Sales of digital albums have become less hit-oriented while digital tracks have become slightly more hit-oriented. The top 200 digital albums have accounted for a smaller share of total digital album sales since 2004. In contrast, the top 200 digital tracks’ share of total sales has nudged upward during that time period.
- Sales of individual tracks (those purchased independently, not as part of an album) account for the majority of digital music purchased in the U.S. Individual tracks accounted for 57% of all digital music sold in 2008 (assuming 12 tracks per album).
- In any given week, the top 200 digital tracks account for nearly one in four track purchases. To put that in context, Amazon.com’s MP3 store currently lists 9.99 million tracks. So, the top 200 tracks represent only 0.002% of what a large download store stocks.
- Even titles in the tail (below #5,000) have lost some market share recently. In 2008, the top 8,000 digital albums lost market share to lower-ranked albums. But it wasn’t the best-selling albums that suffered the most. Albums ranked from #200 to #800 suffered the biggest drop in digital album market share from 2004 to 2008 – between 25% and 34%
- While lower ranks have gained market share over the years, any one title has not gained much. For example, an album ranked at #9,000 in 2008 sold about 1,050 digital albums. Less than 100 of those units can be attributed to gains in market share over the previous four years.
An expanded version of this story first appeared at billboard.biz.
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rands: When you say, “You’re the boss” I hear “We got together and all agree that you’re about to screw this up”
When you say, “You’re the boss” I hear “We got together and all agree that you’re about to screw this up”
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