Money and Finance
How About Free? The Price Point That Is Turning Industries on Their Heads
There's an old joke about a businessman who gives away his products. A customer asks: "How do you make money doing that?" He answers: "I make it up on volume."
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It's nonsensical, yes. But a funny thing has happened: Giving away the product has become a legitimate business model on the Internet and even beyond. And it's been getting increased attention. Author Chris Anderson will publish a new book in July titled, Free: The Past and Future of a Radical Price. It's a follow-up to his Wired magazine cover story last year, "Free! Why $0.00 is the Future of Business." Anderson, the editor of Wired and a former Economist reporter, also wrote the 2006 book, The Long Tail, in which he observed how companies such as Amazon.com and Netflix were thriving by offering gigantic catalogs of products that each sell in small quantities. Today, those companies are among the few thriving through a recession.
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Related books:
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Free: The Future of a Radical Price
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The Long Tail
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Related previous post: Free! Why $0.00 Is the Future of Business by Chris Anderson
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Article: "The Long Tail" by Chris Anderson
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Related links:
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Video: Interview With Chris Anderson
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The Grand Unified Theory On The Economics Of Free
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Chris Anderson's blog
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A revizualization of the four kinds of free
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Chris Anderson On Econtalk
Chris Anderson, author of Makers: The New Industrial Revolution, talks with EconTalk host Russ Roberts about his new book--the story of how technology is transforming the manufacturing business. Anderson argues that the plummeting prices of 3D printers...
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Chris Anderson On Why He's Leaving Digital For Diy
Found via Simoleon Sense. Wired's long-time editor in chief, Chris Anderson, announced on Friday that he was leaving the magazine to become CEO of his DIY-drone company, 3D Robotics. This move comes a month after the release of his latest book, Makers:...
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Business Insider Interview With Chris Anderson
Prior to joining Wired as its Editor-in-Chief, Chris Anderson swore to himself that he would never become a journalist. Why? Because his parents were also journalists.So he went and got a degree in physics and a job at Los Alamos.In the end, his lineage...
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Malcolm Gladwell's Critical Review Of Free And Chris Anderson's Response
I'm a fan of both Malcolm Gladwell and Chris Anderson, so this exchange is pretty interesting to me. Links to: Gladwell's Review Anderson's Response .................... Book: Free: The Future of a Radical Price Related previous post: Chris...
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Chris Anderson's Free Speech
Book: Free: The Future of a Radical Price Related previous post: Free! Why $0.00 Is the Future of Business by Chris Anderson Chris Anderson's blog: The Long Tail
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