Will The Internet Become A Commodity?

Published on: 05 December 2022 Last Updated on: 04 September 2023
Internet

It’s a question asked time and time again: will the internet become a commodity? The answer could be yes or no. Access to the internet is essential in today’s society, and it’s something that we take for granted, so the future regulation of the internet is of interest to all people.

What Is a Commodity?

A commodity in commerce is a good that is interchangeable with other goods of the same type. Examples of commodities are grains, metals, and oil. The internet has become a commodity in some ways, but it is also different.

The commoditization of the internet is due to its widespread use and accessibility. It is now a service available anywhere and anytime, making it a valuable asset to businesses and individuals.

This process has allowed businesses to reduce costs by using the internet to communicate efficiently with customers and suppliers while also increasing their efficiency in marketing and advertising software, for example.

What Is a Utility?

A utility is an essential service provided by public or private organizations. Utilities are usually regulated and include services such as electricity and water.

Services are evenly divided and provided to everyone, meaning the cost spreads across all service users. This division makes utilities a more affordable option for people and businesses who need access.

The internet is a utility in the sense that it is widely available and used across the world. The regulation also occurs, meaning that prices are more dependable for those who need access.

What Makes the Internet Different?

The internet’s ability to personalize is different from other commodities and utilities. The internet can change to suit individual user preferences and needs. So is internet access a utility or a commodity?

A utility approach to internet access might mean that too much regulation occurs on what is supposed to be a free and open platform. Alternatively, a lack of government regulation means internet service providers (ISPs) can charge whatever they want.

Despite this, there is still a need for regulation to ensure everyone has access to the internet. The internet needs regulation to protect innovation and competition, which is why some countries enact net neutrality laws.

What Is Bandwidth Trading?

bandwidth trading

One way to see how the internet works as a commoditized experience is through bandwidth trading. Bandwidth trading is the buying and selling of internet bandwidth, or the capacity to transmit data, between different parties.

It is a way for businesses and individuals to purchase what they need at an affordable price that meets their needs. This process allows them to have efficient and reliable internet access without worrying about exceeding their data limits.

Businesses can also sell their unused bandwidth to other companies or individuals who may need it, which can be a profitable way for businesses to generate extra income and help reduce traffic congestion on the internet.

Is Internet Access a Basic Right?

Internet access is now considered a fundamental right in many countries, which has led to the debate over whether or not it should act as a commodity. This argument centers around the idea that internet access should be available and affordable for all, regardless of income level.

A parallel dialogue revolves around the importance of internet access for SNAP recipients, underscoring the essential need for inclusivity in digital advancements.

We can argue that internet access is essential for people to access the same opportunities as others. It is a tool for communication, education, and entertainment. Without it, individuals cannot access the information or resources they need to succeed in their personal and professional lives.

Final Thoughts

The internet is a unique service many people and businesses need. Internet access should be a right and accessible to all, but it is also essential to recognize the need for regulation to protect innovation and competition.

Ultimately, it will be up to governments and other organizations to decide how to regulate the internet to determine if it becomes a true commodity.

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Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

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Viral Content

The Art Of Creating Viral Content On TikTok For Marketing Apps

Did you know that TikTok users spend an average of 90 minutes daily on the app? Making it a perfect platform for those wondering how to market an app successfully. Whether you're a content creator or a brand aiming to expand your reach, TikTok offers a vast pool of potential users. Particularly for mobile app marketers. Consider this: Over 60% of TikTok users belong to Gen Z, a tech-savvy generation that prizes authenticity and creativity. The gender distribution on the platform is almost even, offering a broad spectrum for targeting. A whopping 90% of TikTok enthusiasts access the app daily on their mobile devices, emphasizing the synergy between TikTok users and potential mobile app consumers. Numerous apps, such as the popular Duolingo, have harnessed TikTok’s power, witnessing exponential growth after trending on TikTok. If you are looking to launch your app or are simply looking to find new users then it is crucial to master the nitty-gritty of TikTok content. Understanding the Art of Creating Viral Content The statistics speak volumes about TikTok's potential for mobile app marketing, especially if you're figuring out how to market an app. But the question remains: how can one truly harness this potential? To get the answer, we turned to Inigo Rivero, Managing Director at a reputed TikTok Agency. House of Marketers is a powerhouse in TikTok marketing. Their illustrious track record showcases successful campaigns for industry giants like Jodel, and Euroleague Basketball. They specialize in influencer marketing and paid media campaigns, as well as more. We reached out to them to ask: What makes TikTok content truly authentic, and how do you ensure this authenticity when crafting content for brands? How do you prioritise engagement over direct promotion on TikTok, and what strategies have proven most effective for you and your partners? What is the importance of storytelling in TikTok content, and how do you weave a brand's narrative seamlessly into the platform's ecosystem? With the ever-evolving trends on TikTok, how do you strike a balance between leveraging what's trending and maintaining a brand's unique voice? Let's dive deep into the strategies behind content that not only trends but also leaves a lasting impact on TikTok. The Blueprint for Viral TikTok Content for Marketing Apps Here are the insights they shared with us: In our years of experience at House of Marketers, we've found that the heart of TikTok lies in its authenticity. When we collaborate with brands, our primary focus is to craft content that feels genuine and resonates with the TikTok community. It's not just about promoting; it's about creating a narrative that TikTok users can connect with. We agree TikTok isn't the platform for hard sells. When you showcase genuine user experiences, behind-the-scenes looks, and real stories, your ideal user naturally gravitates toward your content. Instead of trying to follow a formula, let users see the humans behind the app. Can you reverse-engineer viral content? The answer is yes and no. The thing is that creating or re-creating viral content on any platform requires a bit of trial and error and a lot of dedication. But fear not, we asked the experts to help us figure out the blueprint for viral content. But how do you create content that not only entertains but also serves a marketing purpose? Let's delve into the anatomy of viral content, starting with understanding the cogs that power this massive platform. Engagement Over Promotion TikTok thrives on spontaneity and real moments. Unlike other platforms where polished aesthetics are the key to success, TikTok values raw, genuine interactions. This is the platform's unique strength and the key to crafting content that stands out. While leveraging trending sounds or challenges is effective, it's vital to infuse your unique brand voice. How does the trend align with your app's value proposition? Whether it's a challenge related to your app, a poll, or a Q&A session, interactive content boosts engagement and fosters a sense of community. Highlight the problems your app solves, but in a fun, TikTok-friendly manner. “Whenever we strategize for our partners, we focus on achieving entertaining the audience, whilst seamlessly (but directly) promoting the brands. TikTok isn't the place for hard sales. It's a platform where brands can build genuine relationships with their audience. We always advise brands to be a part of trending challenges, use popular sounds, but most importantly, to be authentic." - House of Marketers Understanding the TikTok algorithm is the cornerstone of creating viral content. Over recent years, the platform's algorithm has evolved, reflecting a deeper commitment to user experience. 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Defining Your Users: Are they teenagers looking for entertainment, or professionals seeking productivity apps? Understand their interests and behaviors to fine-tune your content strategy. Content Alignment: Ensure that your content speaks directly to your target audience. If you’re marketing a fitness app, trending dance routines can be an apt choice, showcasing app features while keeping it fun. A clear vision of your audience is akin to having a compass. It might not dictate every step, but it ensures you're heading in the right direction. Read House of Marketers' in-depth guide on how to use storytelling for your app growth here. Strike a Balance between Trend and Originality While it's essential to tap into trending challenges and sounds, it's equally crucial to infuse content with a brand's unique voice. It's about finding the perfect balance between what's trending and what's true to the brand. "At House of Marketers, we often say that riding the wave of trends is essential, but it's your unique touch that makes the ride memorable. While trends provide momentum, it's originality that ensures your brand leaves a lasting imprint. Every time we collaborate with a brand, our goal is to intertwine the essence of the brand with the pulse of TikTok's trends, creating content that's both relevant and distinctive." - House of Marketers. Originality and authentic ideas stand out. Be genuine and let your brand's unique voice shine through. Jump on trending challenges or sounds, but always with a twist that aligns with your app. An engaging story keeps users hooked. Even if it’s a short video, build a storyline that captivates. Crisp visuals and clear audio can make a significant difference. Invest in good equipment and editing tools. While there's no fixed formula for virality, mixing these ingredients with a pinch of creativity can help you craft content that drives success. Read more about how to market to your audience in this guide. Harnessing TikTok's Tools for Maximum Impact TikTok isn't just about 15-second clips; it's a platform brimming with features that can amplify your message. But the trick lies in knowing which tools to use and when. With TikTok now allowing videos up to three minutes in duration, brands have a larger canvas to tell their story. It's crucial to keep abreast of such updates. For instance, longer formats might be ideal for showcasing a detailed app tutorial or a user testimonial. Optimizing with TikTok's Inbuilt Features Effects & Filters: TikTok constantly releases new effects. For app marketers, this is a golden chance to frame their content innovatively. For instance, use the 'green screen' effect to showcase your app's interface or features in an engaging backdrop. Music & Sound: TikTok is as much about listening as it is about watching. Leverage trending sounds: Often, trending sounds are synonymous with viral content. Embed these in your videos, making sure they align with your message. Create your sound: Originality can set you apart. If it fits, consider producing a catchy jingle or soundbite related to your app. TikTok's array of tools can be overwhelming, but master them, and you'll be a step closer to crafting content that resonates and reverberates. Amplifying Your App through Engaging Narratives Direct selling on TikTok is a no-go. The audience seeks engagement, not advertisements. Every story has a hero. In the context of app marketing, the hero could be the user benefitting from the app. Crafting narratives around user transformation, say, someone becoming fit using a fitness app, can create a more personal connection. How then, does one subtly introduce an app? Integration over Promotion: Rather than overtly showcasing your app, weave it seamlessly into popular formats. If it's a meditation app, maybe a calming 60-second morning routine video could subtly highlight its benefits. 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Top Internet Providers in Outer Tri-Cities Washington

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Everything You Need To Know About Google Play Refund In 2023

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