Social Bookmarking Sharing Button   TheFuturesAgency Social Bookmarking Sharing Button  Share This Social Bookmarking Sharing Button  RSS
Header 1

« Meet me at Ars Electronica 2008: Symposium on the Limits of Intellectual Property | Main | The 5 Creepiest Advertising Techniques of the (Near) Future | Cracked.com »

June 30, 2008

Trendwatching.com on the "Free Love" trend: the War for Attention, and how the Net seems to drive pricing for 'content' towards zero

Trendwatching just released a hot new report here. Some excerpts and comments:

According to Trendwatching, the rise of FREE LOVE can be attributed to:

  • "An all-out war for consumers' attention (make that saturated consumers), including various handout and sampling techniques. (*Gerd's comment: It's all about Attention now - Distribution is a given. Scarcity is dead. Friction is Fiction - well.... mostly!)
  • The online world, with its amazing capacity to create, copy and distribute anything that's digital, with costs that are close to zero, forcing producers to come up with new business models/services, which are often purely ad-driven.(*Gerd's comment: I think a new kind of advertising - advertising 2.0 - will be crucial here, but I do think that's still 18-24 months off)
  • The ever-decreasing cost of physical production makes it easier to offer more (nearly) free goods in the offline world too. In fact, many goods have actually become insanely cheap...
  • The avalanche of free content created by attention-hungry members of GENERATION C.
  • C2C marketplaces enabling consumers to swap instead of spend, making transactions cash-neutral.
  • An emerging recycling culture.
  • And all of the above fueling consumers' expectations to get online and offline stuff for free"

I highly recommend reading Trendwatching's five manifestations of FREE LOVE: 'Any excuse to advertise', 'Courting saturated consumers', 'C2C', 'Swapping, not spending', and 'Less is more', which all incorporate one or more of the above drivers.

Freephones

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c59be53ef00e5537c54d38833

Listed below are links to weblogs that reference Trendwatching.com on the "Free Love" trend: the War for Attention, and how the Net seems to drive pricing for 'content' towards zero:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

shadow