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Do-It-Yourself Marketing Economy

U.S. Hispanic Intenet Marketing

Latino Podcast - Douglas Kersten The Amazing Rise of the Do-It-Yourself Economy

Have you ever heard of blogging? Of course you have, you are reading a blog. Have you ever heard of podcasting? If not you soon will. What do they have in common? They are Do-It-Yourself media. Blogging is for text and podcasting is for audio/video. The trend for do-it-yourself is spreading like wildfire and anytime you see something spreading so quickly it means one thing....opportunity. The blooming of the DIY business venture. Ebay and Amazon started it and the speed at which it is growing is amazing. It is even spreading to the manufacturing world, which is what the article below talks about. I think it is a relatively safe prediction that you will see this happening in many other industries and sectors. Now that you know, keep an eye out for it because opportunity is definitely there. Doug Kersten

The Amazing Rise of the Do-It-Yourself Economy
By Daniel Roth

It used to be that a tinkerers, hope to sell ideas to a big company. But a number of factors are coming together to empower amateurs in a way never before possible, blurring the lines between those who make and those who take. Unlike the dot-com fortune hunters of the late 1990s, these do-it-yourselfers aren't deluding themselves with oversized visions of what they might achieve. Instead, they're simply finding a way—in this mass-produced, Wal-Mart world—to take power back, prove that they can make the products that they want to consume, have fun doing so, and, just maybe, make a few dollars. "What's happened is a tremendous change in awareness," says Eric von Hippel, a professor at the MIT Sloan School of Management and author of the recent Democratizing Innovation. "Conventional wisdom is so strong [in business] about find-a-need-and-fill-it: 'We're the manufacturers; we design products; we ask users what they need; we do it.' That has begun to crack."

Numerous currents have converged to produce this reaction. Bloggers, those do-it-yourself journalists, showed big media that the barriers to entry (like owning a printing press, say) didn't much matter. Podcasters took radio into their own hands, creating audio shows and putting them online. Amateur music producers, using software that was once the province only of major labels, invented mash-ups: combining songs into totally new ones, then giving them away or selling them.

"Before, only the rich had access to tools and so only the rich were professionals, and the rest were amateurs," says Noah Glass, the co-founder of Odeo, which offers a free service for making, hosting, and distributing podcasts. "But now, as the creation tools have become easier to use and more freely distributed through open source, through the Internet, through awareness, more people have access.

Ahorre May 30, 2005 10:44 AM

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