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Future Blogger Income
-Andrew Grossman
April 24, 2009
Yesterday, AT&T
gave testimony before a House subcommittee regarding the
need
for stricter standards to
protect consumer privacy online. Specifically, many
consumers
resent having details of their
web surfing culled by tech companies and then sold
to advertisers for the purpose
of developing targeted ads. Telecom companies such as
AT&T have been criticized for
an experiment called 'deep packet inspection'. This
technology gathers info about
web users by examining the data on their networks.
Google, Microsoft, AOL and
Yahoo increasingly use such information to develop and
sell targeted ads.
The standards to
which we hold media companies today will effect the
individual
content site owner of the
future. Consider that a primary source of revenue for
bloggers is to sell space on
their sites for product promotions. For instance, the owner
of a popular blog for mothers
is paid to publish promo text about a new baby stroller
Viewers assume that the site
owner is recommending the product because of personal
experience, not because of
being paid.
Additionally, the
blogger's list of viewers, as established through means such
as an
opt-in newsletter signup, is
of value to advertisers. Such a list is pre-sorted because
of the topic of the site,
meaning the blogger is essentially providing focus group
results
for marketers. The more
viewers the more valuable the list. Ethically, however, it
is a
no-no to take viewers info for
one purpose, such as a subscription, and sell the info for
another purpose, such as ad
targeting.
How to get around
this? One way, of course, is to tell viewers that a sign-up
would
make their info available to
marketers. The majority of viewers would then refuse to
sign. Some companies offer an
inducement, such as a free gift or subscription, for
signing. Could bloggers
economically do the same? Yes they could. In fact, the same
companies that pay for promos
now could provide part of the payment in branded
products. The owner of 'www.pipesmokersanonymous.com'
could negotiate a payment
of 2000 pipe cases with the
site name emblazoned of them, in return for access to
the viewer contact. The viewer
would be happy with the free gift, the site owner
would be happy with the free
product giveaway, the marketing company would be
happy with the info.
It's all about
the viewer numbers. When bloggers understand the value of
what
they know about viewer habits,
the price for the knowledge will skyrocket.
This column is part of a larger
article. To receive the full article, contact:
andrew@andrewgrossman.net
Category:
Online Marketing,
Online Sales
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