Are You Missing Out on Making an Insane Income Online by Focusing on All the Wrong Things?
* How many articles can you do a day?And so on. And, not just about articles, but other things as well, like product creation too.
* How fast can you write an article?
But, those are the wrong types of questions.
The types of questions to ask are:
* How does this article (or product, etc.) benefit the reader?Too many people focus on quantity, rather than quality.
* What kind of return (ROI) will I get on this article (or product, etc.)?
Let me ask you this, which of these is more valuable?
A) 100 articles that get an average of 100 readers eachThe answer is B.
B) 10 articles that get an average of 1,500 readers each
Try this one. Of these, which is more valuable?
A) 100 articles that get an average of 100 readers eachYou're thinking they're the same, right? Well, what if A has a 1% conversion rate and B has an 15% conversion rate?
B) 10 articles that get an average of 100 readers each
Then the answer is B.
Of these, which is more valuable?
A) 100 articles that get 100 readers each within 30 days, and then next to 0 thereafterYou probably thinking B, right?
B) 10 articles that get 100 readers each consistently every month, year after year
Well, you might be wrong.
The answer here is "It depends."
If whatever you are promoting is fleeting in nature, such as a big movie release or new video game, A is probably going to be your best ROI. On the other hand, if you're focusing on marketing a more persistent product, then B is your best bet.
The point is that you can't just focus on quantity. It's not about how many words you can churn out every day or how many products you can create. It's the value of what you've created.
Remember that it isn't always the person or company that produces the most or the fastest. Quite often, it's the one that produces the best.
So, don't worry about whether you can churn out 1 article a day or twenty. Focus on the value you can produce in a day. The value for you and the value for your customers.
Sometimes the smallest numbers in output can produce the largest numbers in ROI.
It's like this... You could make a million dollars by selling a million things for $1 each. Or, you could make a million dollars by selling 100,000 things for $10 each. Or, by selling 10,000 things for $100 each. And so on.
Too many people, I think, get stuck on the first bit, trying to sell a million things for $1 each. They focus on how many things they can make each day and how fast they can produce them, but not on whether or not anyone actually wants them.
That's not to say that you can't get rich by selling a million one-dollar items but, before you do, you better make sure there are a million buyers out there and that the item is really worth $1. Thus, even with cheap items, you still have to produce something of value.
And, yes, I've made two different points in this post, but consider that a 2-for-1 deal.
Publish Coloring Books for Profit (WSOTD 7-30-2015)
Just when you think you've got it all figured out, someone changes the rules.
"The force is strong with this one"
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