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Industry Trends Calling all experts - what is happening? Also, a great forum to debate fads vs. what will stick. WHAT'S NEXT?! ARE YOU AND YOUR BUSINESS TOOLED TO SUSTAIN YOUR COMPETITIVE ADVANTAGE IN THE FUTURE?

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Old 02-26-2008, 08:50 AM
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Default Free - Future of no Charge Goods and Services

As prices may drop in a life cycle, the rate prices drop or remain FREE on the internet. How does that company make money? Wired magazine has a comprehensive article on the subject.



At the age of 40, King Gillette was a frustrated inventor, a bitter anticapitalist, and a salesman of cork-lined bottle caps. It was 1895, and despite ideas, energy, and wealthy parents, he had little to show for his work. He blamed the evils of market competition. Indeed, the previous year he had published a book, The Human Drift, which argued that all industry should be taken over by a single corporation owned by the public and that millions of Americans should live in a giant city called Metropolis powered by Niagara Falls. His boss at the bottle cap company, meanwhile, had just one piece of advice: Invent something people use and throw away.

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