Why Monetization is Vital to New Media

Post on 28-Oct-2014

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Why Monetization is Vital to New Media

Transcript of Why Monetization is Vital to New Media

Why Monetization is Vital to New Media

Christopher S. Penn

Please consider whether you actually need to print this.

Full Disclosure

Where does money come from?

A Brief History of Money, Illustrated

"Money is a matter of functions four, a medium, a

measure, a standard, a store."

3 years of hard work

6 months of hard work

TimeEffort

Knowledge

coincidence of wants

6 months

3 years 2 years

1 month

6 belts

36 belts 24 belts

1 belt

TimeEffort

Knowledge

Money

New media?

TimeEffort

Knowledge

show me the money

new book on sale now

Shareasale

$2,244.24

What you should take away

Why you hate monetization

FAIL

Why you shouldmonetize

Why you shouldNOT monetize

$150,000 top prize

Export firmnut buyer$642,000

Jenna makes $23.2million a year

the trouble with awesome

How to start

Caveat: we’re talking

beer moneynot pay-your-rent money to start

official PAB sponsor!

Commission JunctionShareasaleLinkshareAmazon

SuckageProbability of income

you suck you rock

$392

@cspennchristopherspenn.com

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