Article Submission - Comparing Your Profitability With The Articles You Submit
Many people use article marketing to publicize their websites. Using articles for this purpose can afford proof of your credentials to share skills to the broader internet community.
If you are involved in this promotion method have you ever stopped to consider to what extent this activity of article marketing is bringing in revenue for your online efforts. If not, you are highly recommended to spend some time correlating revenue to article marketing.
While article marketing incorporates many variables such that an exact computation of advantages in financial terms is difficult, we cannot forget the fact that when it comes to profitability of any online business, we must reckon in terms of hard cash.
Here statistics play a large part in correlating revenue to articles and I wish to explain a way that you can check your article marketing statistics.
Simple calculations can help to project revenue to the amount of articles we write, even though there are factors peculiar only to a certain author that are not common to any other individual.
Over a certain time of, for instance, 6 months, a writer of different articles can graph revenue derived from article writing with the "y" axis as Revenue and the "x" axis of the graph as the number of articles written, every time maintaining the number of article depositories to which the article was submitted at a constant figure.
For example if you are marketing these articles to sites such as ezinearticles.com or goarticles.com, your revenue that goes to the "y" axis is the payout derived for the month from using just article marketing, and the "x" axis will be the number of articles submitted.
Over the period of 6 months, you will have adequate documentation on the graph to make a straight line that goes through most of the points on the graph where the line is represented by the equation y=mx+c
The function of the regressed straight line will indicate that the return derived is a function of "m" which is the gradient of the line, and a constant "c".
The constant "c" is the value where the straight line intersects the "y" axis and this is the particular part which stems from the individual and is an indication of his talents in authorship, his craft of writing, his command of the language and factors that only the individual possesses.
By studying income obtained vs number of articles submitted, keeping other factors unchanged, it will be possible to gauge the quality of the author's writing and form a rough basis to forecast further revenue to the number of articles planned for submission, ignoring other factors such as keyword choice, onsite and offsite search engine optimisation which are excluded from the study, and only on the basis of the individual's writing "flair" and talent as measured by the constant "c".
This is by no means exact; but keeping statistics and charts like these is useful in helping the marketer identify sudden trend changes, especially where performance falls.
He can then consider what has caused this change and highlight details that may be otherwise missed.
Many use software to record earnings, but most scripts do not include graphical analysis. When the charting is done manually the internet marketer notices sudden changes or is able to consider what to alter to derive more revenue.
He can go deeper to ask this question: " Since the revenue is directly proportional to the slope of the revenue line, what factors will change the slope?".
Knowing these factors, he can vary them and test the changes.
By correlating revenue with articles written, the internet marketer can forecast profitability, no matter how rough the estimate. He has on his hands a set of statistics to use for more analysis, or in marketing terms "testing".