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Their Basic FREE service is now little more than a Business Card Web Page, with ads inserted and a forwarding email address.
The next step up is their Charter service which allows members 35mb of disk space with a monthly fee of $7.95. On top of that, there is also a set-up fee of $7.95.
It is VERY doubtful that they will continue to boast of nearly 1 MILLION members.
Especially when you consider that there are still many web sites around that provide
same level of service for FREE on which Bizland.com wants to start charging a monthly fee.
A survey in our FBCN newsletter clearly showed that 100% of our 282 respondents, would NOT pay a fee for service or content they can aquire elsewhere for FREE.
Perhaps some online businesses can get away with now charging a FEE for previously FREE services or content.
However, any business playing with
idea of changing their structure would do well to research
competition.
The Internet was born on a FREE exchange of ideas.
I do feel we will NEVER see
complete removal of all FREE based services from
Internet.
However, it is only natural to presume that some online businesses MUST charge a fee or cease to exist.
Which ones will depend on
unique type of service or content that they provide.
However, I predict that
most valuable properties online will be those that have a business model based on BOTH FREE content and services, but with FEE based content and services that are much more enhanced.
The promise of a FREE service or content will continue to drive traffic to a web site. Once there, visitors will be given
option of paying to receive PREMIUM or ENHANCED service and content.
That will be
nature of , "The New Internet".
