In an insightful blog post this week, Seth Godin (whose popular marketing blog is syndicated through Newstex Authoritative Content) offers his thoughts on the shifting world of media through what he refers to as the “erosion in the paid media pyramid.”
First, you need to understand how Seth defines the media pyramid. He breaks media down into four distinct categories:
Free: The most prevalent (e.g., movie trailers and free book chapters)
Mass: Offered for a price but that price is affordable enough that a large audience can access it (e.g., newspapers and books)
Limited: With a higher price tag, smaller audiences pay for this content (e.g., Broadway shows and small conferences)
Bespoke: The most expensive content accessible to only a small audience who is willing and able to pay for it (e.g., the most expensive conferences or events)
As Seth explains, free content appears at the bottom of the media pyramid as shown in the image below.
… Continue Reading
Seth Godin and the Erosion of Paid Mass Media
In an insightful blog post this week, Seth Godin (whose popular marketing blog is syndicated through Newstex Authoritative Content) offers his thoughts on the shifting world of media through what he refers to as the “erosion in the paid media pyramid.”
First, you need to understand how Seth defines the media pyramid. He breaks media down into four distinct categories:
Free: The most prevalent (e.g., movie trailers and free book chapters)
Mass: Offered for a price but that price is affordable enough that a large audience can access it (e.g., newspapers and books)
Limited: With a higher price tag, smaller audiences pay for this content (e.g., Broadway shows and small conferences)
Bespoke: The most expensive content accessible to only a small audience who is willing and able to pay for it (e.g., the most expensive conferences or events)
As Seth explains, free content appears at the bottom of the media pyramid as shown in the image below.
… Continue Reading