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Transcript for Digital Revenue Models explained
| Time | Content |
|---|---|
| 00:04 → 00:06 |
Huh? |
| 00:09 → 00:12 |
Translation: Who pays for your product? |
| 00:16 → 00:19 |
Consumers either pay for your product |
| 00:19 → 00:22 |
or they get it for free |
| 00:30 → 00:32 |
If it's worth something to the consumer |
| 00:32 → 00:34 |
it gets paid for |
| 00:34 → 00:36 |
if it's not |
| 00:36 → 00:39 |
it has to be given away free. |
| 00:41 → 00:45 |
We experts call this phenomenon: "supply and demand" |
| 00:49 → 00:51 |
Let me use a phrase you don't understand |
| 00:51 → 00:53 |
like "digital value proposition" |
| 00:53 → 00:56 |
together with meaningless words like "equaliser" |
| 00:56 → 00:59 |
and mix it with a word like "tribe" |
| 00:59 → 01:02 |
which sounds cool to me. |
| 01:02 → 01:05 |
It will mask the fact that |
| 01:05 → 01:08 |
all I'm really saying is that |
| 01:08 → 01:12 |
the product will either be free or paid for. |
| 01:12 → 01:15 |
Our advice is for you to |
| 01:15 → 01:23 |
listen to us concatenate some impressive sounding phrases we've just made up |
| 01:23 → 01:28 |
and then... |
| 01:28 → 01:35 |
er... |
| 01:35 → 01:38 |
...trust us! |
| 01:38 → 01:46 |
Really. You can trust us. |
| 01:46 → 01:50 |
Now let's pretend we've reduced the complexity of multi-sided markets |
| 01:50 → 01:56 |
to a list of twenty nouns that begin with 'C'. |
| 01:56 → 01:57 |
Better. |
| 01:57 → 01:58 |
Better. Informed. |
| 01:58 → 02:00 |
Better. Informed. Decision. |
| 02:00 → 02:02 |
Remember that. |
| 02:02 → 02:08 |
Of course, we're not actually claiming to know what we're talking about, |
| 02:08 → 02:11 |
if you want to get all legal about it. |
| 02:11 → 02:15 |
If we told you to charge, it might be right to go free. |
| 02:15 → 02:17 |
Or some mixture. |
| 02:17 → 02:20 |
Or vice versa. |
| 02:20 → 02:26 |
Hey, s*** happens |
| 02:26 → 02:32 |
so don't sue us if it turns out we were completely wrong. |
| 02:32 → 02:35 |
After all, we're consultants |
| 02:35 → 02:38 |
so we believe in selling you |
| 02:38 → 02:45 |
a story you can believe in, since you're too lazy to think for yourselves. |

