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Free Public Domain Music Article
This is a selection made from among articles on Free Public Domain Music. For a permanent link to this article, or to bookmark it for future reading, click here.
Is There Competition for Public Domain Works?
from: Public Domain MiningPublic Domain works can't be 'used' up the way regular resources can, such as oil or coal. Thus, if one entrepreneur taps into a public domain work about 'making more money' or 'public speaking', there's no reason why anyone else can't use the same resource for their own business venture.
So How Does This Work?
Let's consider a real-world, non-public domain example. Consider the number of pizza joints in your town? Quite a lot, aren't they? And yet, almost every month or so, you hear of a new pizza place opening up. Essentially, what are these people doing?
They're taking an idea, and differentiating it to build a business.
There's a powerful business idea enshrined in that sentence. What is it?
There are seldom new ideas, but there are always new products.
There's no need to 'invent' something, or 'create' something that is 'new'. In fact, all you need to do is follow the two basic marketing principles:
* Find an idea or need in hot demand;
* Find a new way to package and sell that idea/solution.
There are details, but if you're looking to keep one eye on the 'big picture', these are the two steps any successful business MUST take.
You can use the same information/public domain work someone else has used, and create your own product from it!
What About Market Competition?
If too many people start marketing the same type of products (that is, there is too much competition in one market), it isn't going to be as profitable to start a business in that niche.
However, it's important to understand the 'nature' of the Public Domain.
The Public Domain isn't a business in itself. It's the information, the knowledge contained in public domain works that can be used within a business.
In other words, the public domain is a very powerful resource. Nothing more. Since everyone can essentially use the same information, you can have a situation in which the same knowledge, packaged in more or less the same formats, is saturating the market.
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