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RE: PRACTICAL THINKING. —「The parallels between technology adoption and finding an audience for your writing . . . and the science behind it」

in #busy7 years ago

That's a great point of view, although, the issue with that would be payout. Most people don't post on niche tags because they may not get noticed as much. That's just my opinion

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A niche need not be synonymous with small. Rather what you're looking for is something where there do not exist already a 1000 other positions. The ``niche'' might be very large, or at least growing rapidly, but it must not yet have any clear market positions established. For example, this very post is trending in two of its tags. And these are communities.

In general, identifying a niche is quite hard.

A classic example is plain paper copying. You can't rely on statistics, because prior Xerox nobody was doing much plain paper copying. But the process was convenient and amplified communication, argued Alan Kay. Then the niche was dominated for decades by Xerox making them enormously valuable.

Otherwise, the payoff will be small anyway, else the vast majority of network participants will not have the resources to find your content, no matter how much you put into advertising. (This doesn't apply to Steemit, where 100 SBD bid will put you in trending on the front. Rather it refers to the wider market, where advertising is around 100 billion USD. If you spend even 100 million USD, you will all the same reach far fewer people than needed to move over an existing market position in your space.)

One challenge for Steemit might be to create new tags that grow quickly. They key would be payoff that are growing.

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