Transactional<\/li>\n<\/ul>\nIn nature.<\/p>\n
At the moment, most items are informational – information flows in one direction, from the creator to you, there’s no feedback loop, unless it’s conversational in nature like in a forum or on a blog with a comments section.<\/p>\n
Why not evolve digital products to a conversational model?<\/p>\n
Better yet, a transactional level (the highest) with the ability to upsell even more products – souvenirs, higher value items, collectibles, concert tickets, etc.<\/p>\n
This is as applicable in the entertainment niche as it is in the Internet Marketing, business or any other vertical out there.<\/p>\n
The bottomline line is that transactions are conducted on a value continuum – if we’re going to keep going back and forth and remain stagnant in the 1-way media, things will remain as they are.<\/p>\n
If we move up the value chain to conversations\/interactions and transactions, the profits will be higher and so will the market opportunity.<\/p>\n","protected":false},"excerpt":{"rendered":"
Here’s an interesting item from WebProNews, The Artist Formerly Known As Prince (or is it Prince now that the copyright hold on his name has been dropped…) is trying to take action against the big kahuna of file sharing Bittorrent sites – The Pirate Bay, Youtube and eBay over alleged copyright infringement of his name […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22],"tags":[936,937,938,747,1766,934,933,932,935,611,257],"_links":{"self":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts\/440"}],"collection":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/comments?post=440"}],"version-history":[{"count":0,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts\/440\/revisions"}],"wp:attachment":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/media?parent=440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/categories?post=440"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/tags?post=440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}