Sensible response DJ. I would add that the new model is about building relationships
with fans (now called friends). It is a system that sort of works with churches and even porn.
Haha churches and porn in one sentence. The strategy is long term perhaps 5 years in mind and
would require a decent amount of investment perhaps funded by VC.
The primary goal is to build a genuine relationship with fans which can then be monetised.
Once fans exist then campaigns to "smash and grab" the charts should be employed.
Youtube/PR/Ads should be used to build the audience but not with saturation marketing.
If an investor invests $150,000 the aim is to return a profit and then some in 5 years.
A fantastic response would be to make $1m in that term.
This can only work with a 360 deal or with management and investment can come from fans or from
traditional Venture Capitalists.
Speaking of which, what do you think of
www.mymajorcompany.co.uk/
Very interesting I think.