Tag Archive for google

Recommended Book, 5/10: Free: The Future of a Radical Price

Free: The Future of a Radical Price, by Chris Anderson (Hyperion, 2009)
Reviewed by Shel Horowitz

The influential author of The Long Tail has once again broken new ground. He argues persuasively that the price of anything that can be digitized, and the price of even many things that are based in physical space inexorably gravitates toward zero–and then, even though it might be counterintuitive, demonstrates a seemingly infinite number of ways to monetize your free offerings.
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Free as a Biz Strategy: Frugal Marketing Tip, May, '09

Do you offer any freebies to build your business? I sure do!

I’ve built my business on giving away vast quantities of information–but through that, selling both information and brainpower as an author and speaker, and as a consultant and copywriter. Google loves my sites because of the thousands of articles (about 2/3 written by other people). People on discussion lists hire me because of the quality of free information I provide. I get  exposure for my books by strategically giving away copies here and there, and subscribers to my newsletters  through participating in launch-bonus programs. I actually got a book contract with a major publisher because I contributed an essay, for free, to one of its authors’ books.

And let’s face it. Even though I do get paid for writing my books, the amount of content I include far outweighs the price, and on a per-hour basis, is not the most bean-counter-effective use of my time. But the books give me credibility in the media…inexpensive gifts of great value that I can use strategically…at least some income stream…tons of “street cred”…something to sell when I speak… and assorted other non-monetary advantages.

The point is to do it strategically. To be totally transparent, I am posting here figuring that at least a few people reading this will pop over to https://www.frugalmarketing.com to access some of the free content, sign up for the newsletter, maybe buy a book or two, and consider me when they need marketing consulting or copywriting.

Also, when I give information for free, I often mine material I’ve already created, so the labor factor is low. This article started as a response on a LinkedIn discussion group; now I’ve tweaked and repurposed it as the featured article in this month’s Monthly Frugal Marketing Tips newsletter.

Which doesn’t mean every time I do a giveaway, I’m expecting an immediate return. I think of it as a karmic thing. But it’s been the dominant factor in successfully marketing my business since 1996.

See more great advice in Shel’s award-winning marketing books. Click here to learn about them.