This is a fascinating concept:
ReDigi opened last year with a novel, if controversial, business concept: let consumers resell their old digital music files. Relying on the “first sale doctrine” — the legal concept that someone who buys a copyrighted item like a book or CD has the right to sell it or give it away — ReDigi operates a marketplace in which fans can upload unwanted songs and buy others at a discount.
Obviously they’re now being sued (on the grounds that they are not actually selling the original, but rather making a copy), but the broader question on whether you can have a used digital good is very interesting. Does the ability to instantly copy something kill the idea of used? What about something that’s 3D printed?
digitalLawJanuary 7, 2012
Russell Davies is a very smart dude. I love the conclusion to his short essay on post digital:
And then, this morning, when struggling to think of a good ending to this, I heard a brilliant talk by George Dyson – describing the early history of computing unearthed from correspondence between Turing and Von Neumann. And I thought I heard him cite this quote from Turing. I wasn’t quite fast enough with my pen to be 100% sure and I can’t find it on Google, but I think this is what he said. And, if it is, it’s exactly what I mean and we can leave it at that. What I think he said is this: “being digital should be more interesting than just being electronic”. I’m sure that meant something slightly different in the middle of the last century but the words are useful and simple now, they’ll do for me as a tiny rallying cry; being digital should be more interesting than just being electronic.
digitalinsightrussell daviesNovember 28, 2011
Shiv Singh, head of digital at Pepsi, makes some points I agree with (and a few I don’t) in his thoughts about the future relationship between TV and the web. One I’m with him on is this: “When TV ads become teasers for digital experiences, the ROI on the investment will improve significantly as the digital experience will stretch out the brand experiences beyond the 30 second clip.. The ROI won’t be measured by the impact that the TV ad has when it’s aired but also by its residual influence on engagement in other mediums in the weeks that follow the airing.” I think this is going to spell a big change for the agency landscape and spell the first real opportunity for digital shops to bite off a larger piece of the advertising pie.
Also reminds me of something one of my favorite internet thinkers, Duncan Watts, wrote a few years ago about how brands could use “viral”:
Imagine, for example, that an advertising firm makes a standard ad buy on the Web, or directs TV viewers to a Web site, or uses an e-mail list to contact potential consumers directly. Regardless of the method used, the campaign will yield some large number, N, of conversions—people who are sufficiently interested to click on the Web ad or embedded link. Traditionally, that’s all it would be expected to achieve, but imagine now that these N viewers can also share the ad easily with anyone else. In other words, what would previously have been the entire audience for the message also becomes the big seed for a viral campaign in which the newly added people can forward the message to their friends, who may forward it to their friends in turn, and so on.
Thought Watts is a lot more academic, the point is the same and the science is simple: If you have a big enough seed, your odds of seeing something catch fire is higher.
advertisingdigitalSocialmediatelevisionNovember 11, 2011