I don’t write here anymore. I write almost entirely on Medium now. It’s not a choice I made to NOT write here, it’s a choice I made to edit NewCo Shift, our new publication. It lives on Medium, but if it were a WordPress site, well, my writing would all be on that site. It’s less about the medium (so to speak) and more about the publication.
As the days go by, and this site gets longer in the tooth, the challenge of updating it and making it current gets bigger and bigger. It eats at me. And I miss the engagement that this place used to have. I know it’s all my fault, and I’m sorry. I don’t have a plan to return to this place, because as much as I love the kind of writing I do here, I simply don’t have the time to do it. And I don’t see that changing anytime soon.
That’s my takeaway from the recent algae-bloom of writing around ad blocking and fraud lately – most of it tinged with apocalyptic implications for the future of independent publishing. I’ve hung back from writing because I’ve been so busy *reading* everything – like this piece by Anil. Or this “expose” by Bloomberg (honestly, this is not a new story!). Or this one by Jason, this by Frederic, this by Doc, or this by Cory.
(image) I took a rigorous walk early this morning, a new habit I’m trying to adopt – today was Day Two. Long walks force a certain meditative awareness. You’re not moving so fast that you miss the world’s details passing by – in fact, you can stop to inspect something that might catch your eye. Today I explored an abandoned log cabin set beside a lake, for example. I’ve sped by that cabin at least a thousand times on my mountain bike, but when you’re walking, discovery is far more of an affordance.
Besides the cabin, the most remarkable quality of today’s walk was the water – it’s (finally) been raining hard here in Northern California, and the hills and forests of Marin are again alive with the rush of water coursing its inevitable path toward the sea. White twisting ribbons cut through each topographic wrinkle, joining forces to form great streams at the base of any given canyon. The gathering roar of a swollen stream, rich with foam and brown earth – well, it’s certainly good for the soul.
I can’t say the same of my daily “walks” through the Internet. Each day I spend an hour or more reading industry news. I’m pretty sure you do too – that’s probably the impetus for your visit here – chances are you clicked on a link on Facebook, LinkedIn, Twitter, Google, or in email. Someone you know said “check this out,” or – and bless you if this is the case – you actually follow my musings and visit on a regular basis.
I’ve been a LinkedIn “Influencer” for a year or so, and while the honorific is flattering, I’m afraid I’ve fallen down in my duties to post there. The platform has proven it has significant reach, and for folks like me, who thrive on attention for words written, it’s certainly an attractive place to write. Of course, it pays nothing, and LinkedIn makes all the money on the page views my words drive, but … that’s the quid pro quo. We’ll put yer name in lights, kid, and you bring the paying customers.
One reason I don’t post on LinkedIn that often is my habit of writing here: there are very few times I come up with an idea that doesn’t feel like it belongs on my own site. And by the time I’ve posted it here, it seems like overkill to go ahead and repost it over on LinkedIn (even though they encourage exactly that kind of behavior). I mean, what kind of an egomaniac needs to post the same words on two different platforms? And from what I recall, Google tends to penalize you in search results if it thinks you’re posting in more than one place.
But this news, that LinkedIn is opening up its publishing platform to all comers, has changed my mind. From now on I’m going on record as a passionate advocate of posting to your own site first, then posting to LinkedIn (or any other place, such as Medium).
Today on the Federated site, I’ve posted a preview of something we’re working on for a Fall release. I’m cross posting a portion of it here, as I know many of you are interested in media and data-driven marketing.
It’s no secret that Federated Media has deep roots in content marketing: We re-imagined CM for the modern web eight years ago, and since then have executed thousands of content-driven programs with hundreds of awesome publishers, services, and brands. “All Brands Are Publishers” has been one of our core mantras since our founding. And each year we run the CM Summit, where the topic of native, content, and conversation-driven marketing across all digital platforms is dissected.
Back when I was first studying the intersection of brand marketing and technology – about the same time as The Search and the founding of FM – I started talking and writing about “The Conversation Economy.” Its core theme is this: “In the future, all companies must learn how to have 1-1 conversations with their customers at scale, leveraging digital technologies.”
I was interested to read today that Esquire is currently experimenting with a per-article paywall. For $1.99, you can read a 10,000-word piece about a neurosurgeon who claims to have visited heaven. Esquire’s EIC on the experiment: “…great journalism—and the months that go into creating it—isn’t free. So, besides providing the story to readers of our print and digital-tablet versions of the August issue, we are offering it to online readers as a stand-alone purchase.”
I predicted that payment systems and paid services/content were going to take off this year (see here), but this isn’t what I had in mind. But it did get me thinking. What if you added social and elastic elements to the price? For example, the article would initially cost, say, $1.99, but if enough people decided to buy it, the price goes down for everyone. The more people who buy, the cheaper the price gets. It’d never go to zero, of course, but there’d be some kind of a demand/price curve that satisfies the two most important things publishers care about: readership (the more, the better) and revenue (ideally, enough to cover the costs of creation and make a fair profit).
The tools to do this already exist. There are plenty of sites that crowdsource demand to create pricing leverage, and sites like Kickstarter have gotten all of us used to the idea of hitting funding goals. And the social sharing behaviors already exist as well: Nearly all content has social sharing widgets attached these days. Why not combine the two? Those who initially paid the highest price – $1.99 say – would be motivated to share a summary of the article with friends and encourage them to buy it as well. They are economically incented to do so – the more friends who buy, the greater the chance that their initial $1.99 charge will decrease. And they’re socially incented to do so – perhaps they could get credit for being one of the early advocates or tastemakers who recognized and surfaced a great piece of content before anyone else did.
Earlier this year I wrote a long post about the “death of display,” since then, I’ve consistently been asked about it, and in particular, to expand on my thoughts around display advertising economics, and the prospects for what might broadly be termed “independent creators of content,” or what I call “the independent web.”
Both these posts tackle the emerging world of “stream”-driven content, painting them as opposite to the format we’ve pretty much used for the past 20 years – “page”-based content (like this page, for example). An established, at-scale business model exists for page-driven content, and it’s called display advertising. And anyone who’s been reading this site knows that display advertising is under pressure from two sides: first, the rise of massive platforms that harvest web pages and monetize them in ways that don’t pay the creators (Facebook, Twitter, Pinterest) and secondly, the dramatic growth of programmatic buying platforms that do pay creators, but the payment amounts are too low to support great content (second generation ad networks called DSPs, backed by agencies and their marketing clients).