RE: Is Money the Main Ingredient in Steemit's Retention Ratio?
A good point: "Thus, I felt what they were saying (quality vs crap) wasn't actually true - it wasn't about quality (completely), it was about the network you build first and foremost. "
I believe It's a combo of both (not to say you cannot succeed by having just 1) However, most ppl did not gain any sort of following/network by posting only crap right...? That won't fly for long & if you do look at some of the most successful ppl on steemit who are not straight up investors, you will see they are extremely active and outputting mostly "good" (very subjective so lets say "robust") posts.
As Ezzy mentioned below, Steemit is still pretty young and not enough groups exist to really help out the new user enough who may be outputting great content yet doesn't have an established circle in which to draw support during their infancy.
That will definitely change in the near future and I believe that it has a strong part to play in user retention.
Yeah I agree, I'm definitely not against the "network" approach and I also agree that if you're constantly putting out crap you probably will never get any kind of following, so quality is definitely important no matter what.
I think my main critique (based on my mindset at the beginning) was it felt like I was being told quality is most important to making money; but I actually think for someone who is new to steemit the better message is "it will take time to create a network, but don't worry, if you're putting out quality work you'll start making money". This at least creates the mindset that this isn't a place where you'll start making $20-$100 per post right away (even though some have success stories like that, it isn't the norm) but with persistency you will eventually get to making money.
@jaybird and you are spot on. Nobody explained to me either how the "success mechanics" behind Steemit work. It's something we all have to find out for ourselves. But yeah, networking and quality posts are a winning formula I feel.
And we have to bear in mind, this is only the situation at present. Thing will change drastically next year regarding functionality and structure of the platform. So establishing one's self at this early stage, no matter how much of a "grind" it may be, could turn out a very wise move in the end.
Ya, I can agree with that.
Unless you are on-boarded by a friend or bunch of friends who are already established, I believe it's significantly more difficult to get established. It's a process of meeting ppl in the community and also producing content that seemingly contributes to the community