54. Determining Content Value People will pay for content ifit is so unique they can’t get it anywhere else, so fast they benefit from getting it beforeanyone else, or so related to their tribe that paying for it brings them closer to other people. Seth Godin
The choice: watch a baseball game in person in the stadium or watch it at home on his large screen high definition TV.His answer: "Depends.“It depends on:who's playinghow important the game iswhere his seats are in the stadiumhow much his tickets would costwho's going with himwhere the game is heldhow much it's going to cost to get therewhat the travel time would bewhat the weather is likehow it fits into his scheduleRay's analogy has rich meaning for understanding how people decide to attend a face-to-face or virtual event. His baseball analogy identifies the criteria many use, often intuitively, when deciding to attend. And if it's a playoff game, the decision is harder!The attendee's registration, whether face-to-face or virtual, depends on:Who will be at the event in person (attendees, exhibitors, speakers)?Who from the attendee's professional and social network also is attending?How important is the event professionally and personally?• How unique is the content, buying opportunity and overall experience?Where will they sit? Is it a large event where they are going to need to watch the image magnification anyway or a small intimate experience?How much is the registration fee?Where is the event being held? Location, location, location. Can the attendee do additional business in that city? Do they want to bring the family and make it a mini-vacation? Are there cool things to do there?How much does it cost to get there? To stay there?How long will it take to get there? Is it worth today's travel hassles?Are there risks? Will weather impact travel or the experience?Can the attendee afford to take the time off from work to attend?
Virtual strategy must align with organization’s purpose.Table discussion – Do you believe that by doing the right thing, trust that the money will follow.
Searchable (online and onsite)
Produce great content…members come to you
Produce great content…members come to you
Produce great content…members come to you
Produce great content, others will share, disseminate it
Produce great content, others will share, disseminate it
Produce great content, others will share, disseminate it