3min chapter

The Bootstrapped Founder cover image

85: Platform Risk and the Three Kinds of Audiences

The Bootstrapped Founder

CHAPTER

How to Build a Monetized Audience

All audience building efforts should start at the rented audience level. When you start, you need to reach and discoverability. At a later point you can try to extract those audience members into owned and monetized audiences. A substantial rented audience is in itself a valuable asset because worth of mouth marketing will be essential to your business success.

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