rewards

What 80s Skateboarding can Teach People about Marketing Channels

When Street Skating took off in the late 70’s early 80’s,  many skaters had to end up making a choice whether to do contests or do videos.  Contests where very structured and was the traditional paid route (mainstream).  Video cameras at this time were also coming to light, and kids could finally afford to create and distribute their own content.   Many had to choose between what they viewed as making a living and selling out, and trying something truly new and innovative.  Which where highly copied, shared, and coveted across a very selected engaged community.

One media channel was very well established, strict regulations, low risk, low rewards, and high barriers to entry.

Another new media channel was taking off, had no rules or regulations, and were sought out by tons of fans.

Similar forks in the road are forming every day.  Which one would you choose, and what levels of diversification can you employ to balance the well known and established and take a risk and get noticed?  A better question is how does your media strategy align with an ever changing bell curve with uneven distribution and ROI. 

 

-pd

 

 

Mobile Data as Compensation – Teens

Yesterday on the Caltrain, I heard a bunch of teens discussing their “Mobile Data” Allowance.  They ranged from having 3GB of cellular data, to being on a family plan of 4CB, etc.  One child remarked that he had already used up 90% of his plan, and that he would have to pay his parents if he or his sister used up the rest before next week.

What I found surprising is that how access to data in this age is often talked about as an asset.  I bet that almost all of those kids would not be able to live without 3G so they could watch their youtube clips on the train.  If given the choice between money for a data plan, or a data plan, they would pick the 2nd.  

The insight here is that users are open to many forms of compensation. Often data, access to scare content, or other perks can be just as good as money.