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Business

Churchill Club: The Free Economy: How Companies Make Money From Giving Things Away

The concept of loss leader products has been around since the 20th century, but today, free has become a business strategy that could be essential to a company's survival. In the latest episode of the Churchill Club podcast series, a top-flight panel moderated by Chris Anderson, Editor-in-Chief, Wired Magazine, and author of new book, "FREE: the Future of a Radical Price", talks through the business models.
Written by Larry Dignan, Contributor on

The concept of loss leader products has been around since the 20th century, but today, free has become a business strategy that could be essential to a company's survival. In the latest episode of the Churchill Club podcast series, a top-flight panel moderated by Chris Anderson, Editor-in-Chief, Wired Magazine, and author of new book, "FREE: the Future of a Radical Price", talks through the business models.

The panel included:

  • Gina Bianchini, CEO, Ning
  • Joe Kennedy, CEO & President, Pandora
  • Ranjith Kumaran, Founder & CTO, YouSendIt
  • Joe Sipher, Co-Founder & Chief Product / Marketing Officer, Pinger
  • Neil Young, CEO, Ngmoco

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