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The old media model and the new blog one - advertising, ‘own logo’ and the future of the net economy

Reading the comments on this problogger post today the blindingly obvious occurred to me, namely that the blog-with-ads model is no different, really, to the current media models we have in place.

Essentially writers / broadcasters publish their work, try to get as big as readership as possible, and get advertising revenue through that. OK, ad revenue may be click through, there may well be narrowcasting involved and it’s on a different scale but essentially that’s it.

And fair play to them too! I think really if you’re going to start criticising blogs running ads, trying to get more readers / ad revenue and trying to make a living out of this then you’d better be eschewing that copy of the Times, Wired, and whatever other publication you might read. Heck, I’d forget about that visit to the news website you frequent… it’ll only be the bbc now for you baby!

But having said that it doesn’t mean that there isn’t a new model here, in a very commercial sense, and it’s with a heavy dash of irony that in this instance I’m drawing upon HobbyPrincess’s ‘Own Logo‘ concept.

For those of you that haven’t read No Logo (here’s the blog!) it’s a great rollicking vitriol against modern corporate culture and exploitation. It’s also a great introduction to brand management and marketing :o) But I digress, ‘Own Logo’ is, according to HP in a fashion sense:

“a form of self-expression - partly by rejecting readymade mainstream designs offered by global fashion brands, but also (perhaps more interestingly) by inventing new designs of their own.

An essential aspect of the own logo phenomenon is the branding of one’s own creations. Many of the people who have started to make their own designs (including me and my friends) want to tag their creations with their own symbol.”

And I think that this has huge import for blogs.

In creating our digital identity through blogging we are branding ourselves, creating our own logos and this leads to an interesting long tail economical model (and a not so long tail one too). We don’t necessarily have to blog with ads as we can just as easily get a living through selling crafts, providing consultancy, getting gigs, publishing our books or finding people that think we’re smart enough to hire.

The problem with the old model is that it only scales to a certain degree. There will be saturation, money will spread out, the reliance on advertisers whims (especially google) is too high and you’re also chasing something that the big & established media giants might well take from you very soon (Vogue doesn’t get its online readership from it’s great web presence!)

The new model, however, can be localised, niched, doesn’t require ‘mass’ readership to hit it off (after all, how many hours of the day can you work) and doesn’t have you up against any great big companies or established practices… because we’re the first people doing this.

‘Own logo’ works. Credit to the blog-ads people but there’s a far more exciting opportunity out here if you ask me.

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2 Responses to “The old media model and the new blog one - advertising, ‘own logo’ and the future of the net economy”

  1. Harold Jarche Says:

    “own logo” works for me. You’re right in that it doesn’t scale, but it’s beginning to be a sustainable model for my micro-business. For the reasons that that you discuss I have not put many ads on my site. There is one click-through ad, and I’m even considering dropping it. “Own logo” is more about the long run than short-term profit - IMO.

  2. Allan Jenkins Says:

    I wasn’t criticizing B.L. and others for running ads. Obviously, that’s their choice.

    My point was that it’s probably poor tactics for them to deliberately truncate their RSS feeds so that readers are forced to visit the site (and see the ads) to read the full post. If you are going to make ME work harder so that YOU make money, you’d better be an extraordinarily fine and sage writer.

    The analogy to ads in paper publications simply doesn’t apply. The ads in Wired or the New Yorker put no additional burden on me. On the other hand, they finance production, distribution, and consistently first-class writing and editing. When B.L. and other ad-fixated bloggers start to provide consistently first-class writing, I’ll start reading their ads. Until then, they simply wallow in naive arrogance.

    But, hey, it’s their business model.