What ever form the supply is, the obvious lesson is simple access to customers, traffic, isn't worth what people think it is. Some sensible reasons why this is true.
Access can lead to less need to pay for the product. If the online price were able fixed to the offline price or similar. Revenues would of gone through the roof. 100 people buying at $0.99 cents = $9.90. 1 person buying at $10.99 =$10.99. What ever way you twist it to make it fit your methods, it's true. It's an example and the only way you can twist it, is by making up numbers that clearly never were true.
When 100 get it for free or pay a pirate for downloading. The revenue to the producers is $0.00.
Fundamentally when people can get a product for free which
satisfies their needs, very few give a thought to the producers. Often making excuses to justify their not paying for the product. They make too much money, they don't pay the producers enough, I find that one ironic used here, sing customers, blackmail, etc.
Also extra access, means nothing if you don't have something worth buying. People are not as dumb as some would hope. They can spot a site with little to nothing to sell better than most professionals here. Evidence of that is this thread.
https://gfy.com/showthread.php?t=1077966 Many were willing to give it a try. Even though when the sites were shown they changed their minds. The content isn't good, the sites seem to be very little content and many seem to of nosed dive.
https://gfy.com/showpost.php?p=19121431&postcount=52
You don't need to split test those sites to know they suck.
How many have to test a site to know if it sells or if they can sell it?
Traffic is one step in selling and not a very big one. Having a product that sells well is far more important and more difficult than driving traffic to it. Whether you're online or have a shop on a street. Traffic is a step to selling and making a profit.
Quote:
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Originally Posted by TheSquealer
I'm can't go head to head with you. If GFY has taught me anything in recent years, its that Paul Markham has for 4 years done no real work. His sites are still open and he's selling the $3,000.00 on top of everything. My only hope is that in a few more years he will have to close the sites as he can clearly afford to pay for them. Sucks that 8 years after I said he was going broke, he clearly hasn't
Where as I have nothing to show in my signature and won't tell anyone what I do.
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Edited to the truth. Yes still selling a bit and paying for the servers and still not working. Could go back to work, could even finish my life story, selling it online is easy. Sucks to have 0 need and therefore no motivation to earn money.