New Economy

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    New Economy - Presentation Transcript

    1. The New Economy. Freeconomics MR BJÖRN THOMAS, TOWAH GROUP LTD.
    2. King Gillette 1903 By selling his products so cheap that other companies bundled his product he got the first billion blades on the market. After that he could give away the razor and sell soap or the blades over and over and make residual incomes. The business model was the foundation of the entire industry: give away cell phones, offer free coffee machines to companies. And now many years later the social communities.
    3. The New Economy. Freeconomics The 20th century was primarily an atoms economy. -Things tend to be more expensive over time. The 21st will be equally a bits economy. -Everything in the online world gets cheaper over time. Anything free in the atoms economy must be paid for by something else. But in bits economy it can really be FREE.
    4. Free concepts In China some doctors gets paid as long as you stay healthy. Gym in Denmark offer you free training as long as you show up once a week FreeConferenceCall.com gets income from the phone companies instead of the customers because they know which phone company each person use to call them from. FCC charges the phone companies for encouraging users to make long distans calls.
    5. Interesting things about Internet The net annual deflation rate of the online world is nearly 50%, which is to say that whatever it costs SiteTalk today in hardware it will be half as much in a year! The trend lines that determine the cost of doing business online All point the same way: to zero or close to zero.
    6. More than money… ”Online Friends” are a classic unit of ”reputational” currency. The more ”friends” you have in the online world, the more social capital you have to spend. This way the social communities build up a strong foundation that will turn into real currencies.
    7. Three-party market vs freemium Ads:For the top 100 U.S. Media firms alone in 2006 radio and tv advertiseing reveneus were $45 billion. Online media ad-driven content such as banners etc was in U.S. $100 billion. Freemium is where a few pay for many mostly web 2.0 was estimated 2008 to around $300 billion world wide including online advertiseing and freemium. (Open source $30 billion)
    8. Effects of the New markets and economy Experiment for three months at youtube.com. Let people watch Monty Pythons movie clips for FREE: • 2 million free watchers • Climbed to 2nd on Amazon.com • Increased sales with 23.000% Youtube payed for bandwith and storage costs. The campaign cost Monty Python almost nothing. Thanks to Internet the fastest growing hardware market is Netbooks.
    9. Value of Social Community – SiteTalk.com Facebook values every person to about $12 each. In Uniaco you have something else you have ownership 49% of the companies. You/We are building a global network team connected to a Social Community 2.0 - SiteTalk.com. Where we bring in our friends and their friends and add value to their life and money in the system. SiteTalk makes real value for the freemiums and the members of Unaico.
    10. Thank you for your time and whish you all the best in Unaico. See you all on SiteTalk.com
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