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RE: Steemit State of the Site: Retention

in #steemit8 years ago

For a part of my life, I was in the digital advertising space so what yo are trying to do speaks to that part of me. I would say that the churn you are seeing (I have a post planned to speak about that metric in the future) is disturbing, but you are looking at a product in its infancy.

What would be a great metric to see is how much of the blog space market share Steemit is acquiring because a product this early in its life cycle needs to focus on that first. I get that retention is important, I am not dismissing that, but when you have heavy hitters with large, built in audiences move into this space, you are acquiring market share and mind share.

I think another aspect that is missing is a consistent marketing message from Steemit. The association of Steemit being "get paid thousands for your travel blog" smell so much like a "get rich from real estate with no money down" think William McCorkle, Tom Vu, etc. The message needs to get on point to set expectations, create conversions and retention.

I have a blog I am hammering out about my concerns with Steemit and US Tax reporting and withholding requirements because it is a US entity. There are issues related to collection of taxpayer info, bacupwithholding and reporting I don't think are being addressed and that is a concern. Is it a killer? I don't think so if it's resolved. Could it be? Yes, if it's unresolved.

At any rate, I loved the article. I have upvoted it and will feature it in my daily hidden gems blog. Looking forward to more content from you.

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Thanks for the feedback!

I think that if you take a look at your own words and combine the portions around this being a site in its infancy and consistent marketing you can look around the site and see that the churn we're experiencing in the infancy won't change without direction at the top.

So in essence I just flat out agree with you and look forward to your post.