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The Roundup: June 28, 2005

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Table of Contents

  1. Editor's Musings
  2. Article: When Something is Free Online By S. Housley
  3. Recommended
  4. Internet Sites Reviewed
  5. Freebies and Other Good Deals
  6. Joke of the Week

1. Editor's Musings

Happy Canada Day to the Canadians on my list. I've heard of one Canada Day party where the guests are instructed to wear red and white, and only red and white food is served. Our flag is red and white, you see.

Also, happy July 4th to our neighbors to the South. It'll be a challenge to serve red, white and blue food (especially the blue), but I'm betting you can come up with something.

2. Article: When Something is Free Online By S. Housley.

What are consumer expectations when something is free? Realistically, consumers subconsciously assume free means free, and while that might be the initial intent rarely is it the case.

What Exactly Does Free Mean?
Very few things these days are free in the real sense of the word. There are very few free items that do not have any strings attached.

Why do Companies Offer Things for Free?
Companies or individuals may promote a free offer or service for any number of reasons. From branding to ad revenue, companies often use "free" to attract attention or interest. As a consumer, it is important to realize what "free" might really mean.

Reasons Things Are Free

Linking
Companies may offer something in exchange for a link back to their website. As the web becomes increasingly more competitive, linking can effect more than just search engine placement, and providing a product, service or information free of charge in exchange for a link can be a good business decision. Often, publishers will create articles like this one and make it available for syndication, with the stipulation being that the author resource box that follows the article remain intact, providing links back to the author's website. Bottom line, authors often make content available for syndication in exchange for link

s back to their websites, which they benefit from.

Ad Revenue
Some companies provide a product or service free of charge and generate money from advertising. Perhaps they sell banner advertising on their website. A free product draws web traffic so that the number of visitors seeing the advertisement increases. The more visitors a site attracts, typically the more revenue generated from the ad space. Perhaps a software application is free of charge, but has embedded advertisements. When ads are clicked, the software developer earns a percentage of the revenue paid for serving the advertisement.

Goodwill Branding / Public Relations
On occasion, companies will provide a product, service or information free of charge. If the offering is extremely magnanimous or socially sensitive, they will often receive significant press exposure, generating free publicity for their brand. Pepsi Cola sponsors a number of athletic events and generates enormous amounts of brand loyalty and positive PR with their target audience.

Contact Information
Sometimes companies or individuals will provide something free in exchange for contact information. Ebooks are often provided free of charge if you provide an email address. The contact information may be sold at a later time or be used to market related products. It is important to check website privacy policies to determine how personal information can be used.

Exposure
Companies will often provide a light version to gain attention for fee-based products or services. This often allows potential customers to see a product's or services potential. The hope is that providing something free will generate both brand loyalty and interest in fee-based options or services.

The Problem with Free
If a business or individual is truly providing something for free, there is a cost involved. Whether time, resources or services are consumed to provide the free item or service there is an expense involved. If the cost is at any point greater than the benefit or perceived benefit of offering the free item or service, the business or individual will likely review options to better balance the cost-to-benefit ratio.

They may:

Discontinue support
Companies or individuals that provide a free product may continue to provide the item free of charge but discontinue the support. If the item is something like software, the expense has already occurred. By providing the item without technical support or customer service they can reduce their staffing costs. The only ongoing expense to provide the item free of charge would be ongoing hosting costs, which are usually relatively small. If the item is critical to a business or individual's operations, the value of the item will be lost if technical support or customer support is no longer available.

Abandon
Businesses may simply discontinue offering the free item or service without notice.

Compensation
Individuals or companies may begin requesting donations, compensation, volunteers or a benefit listed above in order to continue to provide the item or service free of charge.

Cut Corners
Often free items are of reduced or inferior quality. Cost-conscious businesses or individuals often try to minimize the expense associated with free items and will use less expensive materials for free items.

There is value to "free" just be sure that you know what it is. Next time something is offered for free, evaluate the quid pro quo and determine what you are giving in return, because very little is ever really free.

Resource Box:
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Sharon Housley manages marketing for FeedForAll software for creating, editing, publishing RSS feeds and podcasts. In addition Sharon manages marketing for NotePage a wireless text messaging software company.
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3. Product Recommendation: *** Two Hour Teleconferencing Call with Jay Abraham. No cost to Register ***

Marketing Guru Jay Abrahams is hosting a free teleconferencing call on Thursday, June 30. Spaces are limited, so first come, first served. More information and registration form at link below. It's a "one of a kind call." You won't go wrong by working it in to your schedule.

Abraham's client list includes the late Corey Rudl, Yanik Silver, Entrepreneur magazine, Microsoft, and many others. He's been written up in Forbes magazine, Success magazine, Investors' Business Daily, and USA Today.

Two Hour Teleconferencing Call with Jay Abraham. No cost to Register

In the meantime, download Abraham's Windfall report, at this link:
Widfall Report

Best of Success to you!


4. Internet Sites -- reviewed by June Campbell

*** Better Management ***
Registration (no charge to open an account) gives you access to their huge library of business articles, web casts and RSS feeds.

*** Extreme Jobs and the People who Love Them***
Interesting article about people who thrive in high stress jobs.

*** Generation Why Should I?
Good discussion about new grads and the strengths and weaknesses they bring to a workplace.

*** Store Wars
Really funny and creative commercial put out by the Organic Trade Association

5. Freebies and Good Deals

a. SEO Elite. The granddaddy of all SEO software. You can get a top ten ranking within 28 days.Visit this link for additional information.

b. Did you know that subscribers to Bob Osgoodby's Free Ezine "Tip of the Day" get a Free Ad for their Business on his Web Page? Subscribe at: adv-marketing.com. Great Business and Computer Tips Monday, Wednesday and Friday. Instructions to place your ad are in the Newsletter.

6. Joke of the Week: A Spiritual Concern

Three little boys were worried because they had not been baptized and did not attend Sunday School.

Heading to the nearest church, they approached the only person they saw, the janitor, and asked to be baptized.

"Sure," said the janitor. He took them into the bathroom and dunked their heads in the toilet bowl, one at a time. Then he said, "Now you are baptized."

Outside, one of them asked, "What religion do you think we are?"

The oldest one said, "We're not Katlick, because they pour the water on you. We're not Babtis because they dunk all of you in it. We're not Methdiss because they just sprinkle you."

The littlest one said, "Did you smell that water? I think we're "Pisscopalians!"


To subscribe to this newsletter, visit this link.

"How to Booklets"-- topics include business proposal writing, business plan writing, brochure writing,an independent contractor's agreement, a sample joint venture agreement and more. Click www.nightcats.com

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