A survey from eight years ago found that 24% of all school students had made a website. This percentage has obviously gone up and will continue to rise. Will there come a day when conversion rates for all US traffic fall to digg/technorati audience levels, no one clicks on affiliate links and the entire nation becomes one big fucking WaFo?
Web-savvy future generations = less money for us?
- Thread starter handrewrites
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One big WaFo = people who buy $97 ebooks about making money online. I'm not worried. Adapt or die
So the guru route is possibly the most future-safe? Hrrrmmm...
I'll be honest, the only reason I hate on the likes of Mike Filsaime and Eben Pagan is because they (at least claim to) bank millions. Never bought shit from any guru so nothing personal.
I'll be honest, the only reason I hate on the likes of Mike Filsaime and Eben Pagan is because they (at least claim to) bank millions. Never bought shit from any guru so nothing personal.
Not in their current state, no. I'm talking about a future saturated with savvy competitors.
They might be more tech savvy but they are stupidier. They spend more money (that they don't have) than any previous generation. I can't wait until the young kids of today grow up and get credit cards, they don't hesitate for a moment to buy shit online.
People with a lower IQ tend to breed more while playing World of Warcraft doesn't increase birthrates.
Many older people are overly trusting of anything on the internet, but then there are still plenty that have the opposite problem of being too paranoid and would never type a credit card number on a computer. Younger people think nothing of ordering online, from major sites at least.
The main challenge will probably be getting the younger people to click on ads, as they are less likely to do so.
Many older people are overly trusting of anything on the internet, but then there are still plenty that have the opposite problem of being too paranoid and would never type a credit card number on a computer. Younger people think nothing of ordering online, from major sites at least.
The main challenge will probably be getting the younger people to click on ads, as they are less likely to do so.
It seems you are confusing intelligence with desire. Two very different things (with the latter always the overpowering former).
I was thinking about this the other day, and honestly, I don't think the new generation is more 'web-savvy'. I actually think the new generation is becoming more stupid.
These days everything is automated. People today think that having a facebook or a blogspot is the samething as creating their own website. Very few actually take the time to understand the internet, how it works, what happens behind the scenes of a website etc...Sure more people know how to enter their credit card information online, but not many know what it takes to run a successful online business. So as long as you continue to educate yourself and adapt to the current enviorment then it should not have any effects on your monies.
These days everything is automated. People today think that having a facebook or a blogspot is the samething as creating their own website. Very few actually take the time to understand the internet, how it works, what happens behind the scenes of a website etc...Sure more people know how to enter their credit card information online, but not many know what it takes to run a successful online business. So as long as you continue to educate yourself and adapt to the current enviorment then it should not have any effects on your monies.
Says everything. The barrier to entry is higher, and continues to escalate. Coupled with increasing regulations to understand (if you're into that sort of thing), strategies to learn, decreasing conversion values, increasing traffic costs....those kids are fucked until they learn to play the game just like everyone else here that makes money.
Wait, how is the barrier to entry high? Isn't the barrier to entry actually decreasing? The only "barriers" I can see are time-sucking distractions like Facebook/"Shooting The Shit" and misinformation (disinformation?) from gurus.
Hrm, I guess it depends which way you look at it. I guess what I was getting at was that the cost of entering is a bit uglier. Clicks are more expensive, and payouts are less lucrative. This means that, as a noob, you need to spend more money to build the practical experience to get the job done, as well as to buy the platforms necessary to make the same amount of money that used to require less scale.
You're right though, the information game is getting easier to access. The barriers themselves are changing from information/intangible barriers to control over resources and platforms that will help you scale. More backlinks, more campaigns, more offers, and more traffic sources, all running at the same time.
/opinion
The barrier to entry IMO is the same as it was 7 years ago when I started my first website. The only difference I see is that people want everything to be done for them. They don't want to take the time to learn the IN's and OUT's of the game, hence why so many people buy those stupid ebooks instead of picking up a real book on html/php/mysql etc. and learning from scratch.
I guess that means the barriers to entry relative to the competition is rising, e.g. in the past you could rank with a few manual profile links. i.e, barriers are going down, competition is going up.
I'll have to thank WaFo and all the other scamming gurus for misdirecting the hordes of noob competitors-to-be. Thankfully MMO gurus will never disappear since there's money to be made by being one (not personally interested in that niche though).
By website do they mean some bored 13 year old that made a blog on tumblr and got bored after 2 minutes because they didn't want to express their opinions?