VRM and the Four Party System

I think we can get some clarity about VRM — and growth of customer power in the marketplace — by re-positioning what we’ve been calling “parties.” Among numbered parties the best-known one today is the third party. Wikipedia currently defines a third party this way (at least for the computer industry): Third-party developer, hardware or software [Read More →]

PayChoice for Newspapers. And everything else that’s free.

I got a note saying that Walter Isaacson‘s latest Time Magazine piece — How To Save Newspapers — cries out for VRM. I agree. Here’s the exciting text amongst his closing paragraphs: Under a micropayment system, a newspaper might decide to charge a nickel for an article or a dime for that day’s full edition [Read More →]

EmanciPay: a new business model for newspapers

Rex Hammock is right to gripe about the newspaper turtles pulling their heads in their shells and complaining that readers aren’t paying for the goods papers offer for free online. In that post he runs down some of the drumbeats he’s been hearing: “The notion that newspapers should become financially endowed institutions was published a [Read More →]