Marc’s Blog

BloggingFebruary 17, 2008 8:25 pm

In a post in my blog, The Webquarters (www.webquarters.blogspot.com), I talked about blogging s future. Here we will try and arrive at a measure” for how successful blogging has become, and how much more it is capable of achieving.

It is pertinent to note that we are not talking about measuring the success of a specific blog, but of blogging as a phenomenon.

Before tackling the admittedly difficult question of measuring its success, let s pause and ask, What is blogging? At one level, it is a tool which individuals use for communication and self-expression. Indeed, this was the only use conceived initially. As its usage soared, it also emerged as a tool for on-line ‘communities’ to interact and disseminate news or useful information. The most recent emerging use (completely unancticipated in the early years of blogging’s existence) is for commercial organizations to interact with various stakeholders.

Thus, a reasonably general definition of blogging would appear to be, a technology that lends itself for use by individuals, communities or organizations as a means of communication, information dissemination or interaction.

How do we go about establishing a measure of the success of anything? One way is to identify its “potential”, and measure what proportion of that potential has been achieved. For example, if your company sells flat-panel TVs, the potential market would probably be equal to the number of households in the world having a household income of more than a certain figure. If you are trying to popularize a new ‘world language’ that you have invented, the potential probably corresponds to every human in the world speaking the language. If you sell beer, the potential sales would probably correspond to each adult in the world drinking 150 liters a year!*

However, it is frequently difficult to assess potential in this manner. A surrogate, more practical approach would be to identify the ‘best’ achieved by anybody so far. If you are an athlete, your ‘best achievable’ may be the current world record in your event. In the TV example above, the best achievable may be the sales volume achieved by the market-leading company.

Thus, the problem reduces to discovering the ‘best achievable’ usage of blogging. To do this, we must stretch our imagination a bit and ask, what are the “best” technologies** that meet roughly the same needs that blogging does, and what is the usage they have achieved? The best technologies we have that allow communication, information dissemination or interaction are probably telephones, email, and conventional web sites.

The number of telephone lines (fixed and mobile) in the world is estimated at around 2.1 billion. Similarly, the number of email users is in the region of 600 million.

How many websites exist in the world? Yahoo indexes 19 billion web pages, while Google indexes about 9 billion. Taking the smaller of the two, and assuming the average website has around 20 pages, the number of websites may be approximated as about 500 million.

Let s be conservative, taking the smallest of the 3 figures (for telephones, email users and websites) which is 500 million. To be play it even safer, let us assume that many websites represent uses that blogs just cannot. So let us say that the figure of 500 million overstates the figure we are looking for by 90%. This leaves 250 million (assuming many websites are defunct, etc.). It appears safe to say that this represents the usage that blogging must achieve. Thus, the best achievable number of blogs is, at the very least, 250 million. The current number of around 80 million thus suggests that blogging has covered about a third of the distance to its best achievable usage.

Of course, we will be shortchanging blogging if we end this analysis without considering time frames. While telephones have taken 20+ years to reach their current usage (counting only from the time mobile phones were invented), email has taken 15+ years, and the web 10+ years, blogging has been around only 6 years or so.

To dwell a bit on how technologies evolve over time, let us look at an elegant concept, the ‘S’ curve. What this says, very simply, is that every technology has an initial period during which it grows very slowly. As it improves and gains usage, it crosses an ‘inflexion point’, beyond which growth takes off rapidly***. Further down, the technology reaches a maturity stage where growth once again slackens. Metcalfe’s Law, which holds that the usefulness of something goes up exponentially with the number of its users, applies during the high growth section.

Thus, in S- curve terms, blogging can be thought of as having crossed the inflexion point, and being about 30% of the way to the peak. In other words, 70% of its potential is yet to be achieved.
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* If that sounds high, the Czech are reputed to drink 167 liters per capita per year!

** As is clear from the context, we use best not as an indicator of quality but to mean the one that has achieved the greatest or most widespread use .

*** Not all technologies, of course, actually cross the inflexion point - many (indeed, most) die out well before they reach that point.

About the Author

Dr. V P Kochikar has published widely and serves on the editorial advisory boards and review panels for several international journals and conferences. He has lectured in a guest capacity at business schools and industry fora worldwide. Dr Kochikar has been profiled by Knowledge Management Review magazine, and interviewed by, among others, BBC, Business Today magazine, and the Economic Times. Views expressed in this blog are entirely his own.

Blogging 2:00 am

Most people today want to create a consistent monthly income which requires little or no effort. Up until now the best method of achieving a consistent monthly income has been through mlm s or network marketing programs.

These methods seem to have fallen out of favor recently because of the difficulty in recruiting and maintaining downlines.

With the popularity of Adsense and other PPC programs, webmasters can now create an extra revenue stream simply by adding some code to their sites and getting visitors to click on the ads.

Some website owners are pulling in a lot of money using Adsense. There are some earning six figure incomes.

The formula is simple. You provide good content, add the code and drive traffic to your site or blog.

A click through ratio of only a few percent nets some good profits.

You no longer have to deal with irate customers and slick marketing techniques.

The hottest thing right now is the use of Adsense on Blogs.

Blogs are easier to drive traffic to than regular websites and can be set up in a few minutes.

Just add your blog to the right directories and you can have traffic zooming towards you in minutes.

And by targetting high paying keywords you can bring in pretty good profits in no time.

Some bidders are paying up to $80 for a single click and you can cash in on that action.

Savvy marketers are providing lists of high paying keywords for a one time payment. Some offer monthly updates.

If you can come up with the cash for these high paying keyword lists and target the right audience using free or low cost blogs, you can create your own personal ATM.

This is the new gold rush. The only requirement is that you have to update the content regularly.

But if you have, let’s say 50 Blogs, each earning you an average of $3 - $5 per day, I think it s worth the effort.

About the Author

Discover the fastest method of producing massive income streams using this method…Download this ebook: http://gettingrichfast.com/ADSENSEGOLD&FREEBLOGS.pdf