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Strategy: The Cost of Content
Dec 12th, 2009 by Rob Walker
The World Stops Turning

The World Stops Turning

This week ABC announced the end of the run after 56 years for the soap “As the World Turns”.  Each of the over 13,000 episodes was scripted by writters, filmed by photographers, directed by directors, produced by producers, and acted by – well let’s just call them actors.  Lots of effort and cost that happened everyday year after year.  Given the much more cost efficient reality TV and talk-shows it’s become difficult to justify soaps.  But what does that have to do with Internet Marketing?

The internet is a medium for applications and content.  Both costly to produce.  Our history is ripe with examples of the lower cost UGC or “bot” created content trumping professionally created content.  Remember when the Yahoo search results used to be produced by paid humans?  Then Google’s “bot” produced search results without costly professionals deciding what to return for search results.  So when devising how to produce content think through how to produce that content without paying for it.  “As the world turns” has taught us the lesson that paid content will eventually always be trumped by a lower cost alternative.

What’s next — It won’t be long till professional quality scripted content will be created by the fan base.  Think of “LOST” living on past the fifth season but now written by the fans.  Sounds far fetched?  It is already happening.  Fan Fiction has been around since Sherlock Holmes was first written.  So let your fan base become your cheap content producers — and you might quickly realize that your fan base produces better content than the professionals!

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