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« | Trying to Sell Mass-Produced Informationkidmercury | 22 October, 2005 05:26 Without a doubt, the biggest mistake I made with the ActoGuitar project was trying to sell the content as just that -- static content. We had pitched it as an interactive course: "read the wonderful content, which contains audio and video, and ask questions to our expert staff!" There are a number of problems with this strategy: 1. Selling static information online is tough, because lots of people are giving away static information. 2. If no one has ever heard of you and hence you don't have any credibility, selling content is even tougher. 3. I am not a legendary guitarist who knows everything about the instrument, and hence is qualified to offer "expert" support. I think I'm a good guitarist, but I'm not great, and my knowledge is not particularly wide; I focus almost exclusively on using the guitar as a songwriting tool, and hence am not knowledgeable about many of the technical matters. The solution? Change the business model. The new business model we have planned is more about building a community. I think we're at a point where we're about to turn a corner and have growth really accelerate, which is going to open up a lot of possibilities to do something truly disruptive. commentsWhat is this blog?Hello, I call myself Kid Mercury. I am a songwriter, writer, astrologer, and entrepreneur. This is blog is dedicated towards discussing business strategies for web 2.0. It's also a journal of my experiences with my project, ActoGuitar. Please feel free to email me at any time at kmercury@gmail.com. Featured ReportsThe Game Plan for Web 2.0 The Mythology of Web 2.0 Publishing 2.0: The Communications Revolution Culture 2.0: The Collapse of Everything My theme song: Introducing Kid Mercury [mp3] Influences
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