Modern media marketing matters

Smashing Business Tip #2: Cash for content

From tip jar to tech we go today, announcing the launch of a fantastic – and, yay, European-driven – website offering a neat way for your audience to show you monetary love for your creative endeavours.

Here’s how Flattr works:

  1. Members pay a monthly stipend – upwards of €2 (it doesn’t matter where you live, since they use fancy pants payments systems – so it truly is global)
  2. Content creators display the Flattr button on their site
  3. When members discover content they love, they hit that magic Flattr button
  4. At the end of the month, that member’s payment is distributed equally among creators whose buttons have been fondled.

It doesn’t get simpler than that.

Will it take off? I sincerely hope so.

There’s a huge hitch that I believe needs to be, um, unhitched before Flattr is widely accepted.

People expect content for free.

In my experience, it’s the older audience that is more prone to donations. @leolaporte has (among other things) a flexible payments tip jar. @GSPN has a Plus membership. Libsyn and Blubrry media storage services offer sponsorship opportunities from advertisers. And predictably – by and large – it’s the advertising that steers monetisation for any ‘live’ media on the web, right now (figures bandied about suggest Laporte and TWiT are mainlining about $2m annually from sponsors such as GoToMeeting and Audible.com).

I truly hope Flattr.com prevails in the battle for content reciprocity.

Do you think it will?

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