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RE: Dealing with variance in commerce and Steemit: "The merchant approach"
as long as the content is relevant to the audience. I have seen people writing 50 posts and had not even 1 SBD.
as long as the content is relevant to the audience. I have seen people writing 50 posts and had not even 1 SBD.
Obviously if you open a store and sell something that no-one wants (like selling heating equipment near the Sahara desert) that's an issue of "perception" - where the seller doesn't really grasp the market.
Some times though, in terms of broader interests that aren't currently covered, we could say we have a distortion of the market due to very low audience. Otherwise someone would be interested in some type of weird content. This takes the analogy one further, where we go to "ebay sales".
You can literally sell junk on ebay. Junk that other people may value highly. Yet a local pawn shop may be unable to sell them for a good price. The difference being that on ebay you are tapping millions of potential buyers while the pawn shop taps just a few hundreds / a few thousands potential buyers.
So, if we extend the analogy, and Steemit had 1000x the audience, there would be a lot of upvotes by having people who find value even in content that other people don't.
Exactly @alexgr. Like the saying goes "one man's junk is another man's treasure" - so if the audience is large enough the likelihood of someone finding your junk as treasure is much higher.
This can be said for the tags on steemit that still have smaller audiences especially.
P.S. - I'm going to Las Vegas next weekend. Hopefully the variances are good to me! :-)
In theory, if variance tends towards the average that one would expect, like 1 heads - 1 tails - 1 heads - 1 tails, (instead of HHHTTHTTTTH) you could destroy the casino with a Martingale strategy. The casino is actually counting on variance doing its "weird" thing of continuous one-sided streaks to save itself from losing over the long run.
Good luck and have fun anyway :)