tag:blogger.com,1999:blog-8419468357626274672.post5008429528937025030..comments2023-11-03T06:04:08.211-07:00Comments on Second Effects: Falling Revenues, Explained?Unknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8419468357626274672.post-82952958789671262292010-01-05T18:34:20.516-08:002010-01-05T18:34:20.516-08:00"Stats--properly applied--are much in order h..."Stats--properly applied--are much in order here"<br /><br />Statistics -- properly applied -- can do nothing to prove causation, only correlation. So your solution doesn't really address your problem, does it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-59361675958553406302010-01-04T17:33:14.749-08:002010-01-04T17:33:14.749-08:00I've been thinking the same thing, Gwyneth - w...I've been thinking the same thing, Gwyneth - what has been the effect of mountains of quality freebies on the in world economy? And worse, how could one ever measure it?ArminasXhttps://www.blogger.com/profile/11246175825405804726noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-12669393554452444942010-01-04T17:25:51.494-08:002010-01-04T17:25:51.494-08:00No matter if this graph actually explains the reas...No matter if this graph actually explains the reason for falling sales, at least there is one good advice here: keep running costs down :) That's the only survival strategy for any business. If sales pick up again, you can invest again...<br /><br />I hardly make any sales from my in-world content, but I remember that in the "good months" I used to spend like crazy on all sorts of things — from ads and enhancements on XStreetSL, to paying models for my things, and so on. Most of that was wasted in the sense that the little extra return I might have gotten never compensated the costs I had. However, since I had enough to spare, I didn't mind :)<br /><br />Nowadays, the few sales I make barely cover tier. But... in my case, it's not the economy's fault :) It's just that I have outdated and obsolete content for sale — and far better products exist elsewhere, often for free!<br /><br />I'd love to see a chart showing the increase of free content in SL vs. overall sales. But the problem is, where to get the data for free content?... I'm sure LL is not willing to show us those numbers.Gwyneth Llewelynhttps://www.blogger.com/profile/03394790308025005462noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-27411956955327427092009-04-15T05:45:00.000-07:002009-04-15T05:45:00.000-07:00re-engineer your products and marketing aimed at n...re-engineer your products and marketing aimed at new parcel/sim owners to more personal av-based devices and effects?<br /><br />change pitch from a parcel or sim one owns to effects that can be incorporated in sandbox temporary builds/homes?<br /><br />-ls/cmR.https://www.blogger.com/profile/08430588783013579581noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-33675578821591446592009-04-11T12:25:00.000-07:002009-04-11T12:25:00.000-07:00this is interesting data. i believe that there is...this is interesting data. i believe that there is another factor that causes sales to go down and that is lack of time. <BR/><BR/>every time there is a grid wide hunt, my sales go down. when there isn't a grid wide hunt, my sales are very good. i do not think the poor sales is because people are satiated on free quality items. a lot of the stuff is quality but it becomes common and thus disposed of. but in this discovery process of the hunter, in the meantime they are spending time hunting with high focus on finding the item. their time on SL is spent hunting, and it is a set amount of time for most people usually. <BR/><BR/>for instance say you only spend 1 hour or 2 a night on SL a few days a week. when you login you go hunting on this grid wide hunt and it consumes all of your time. this effects everything, not just sales, but people aren't exploring either or going to entertainment venues during these high hunt time periods. i know dj's and hosts at clubs that say their tips have gone way down as well.<BR/><BR/>if you could, please look at data during months with big grid hunts for instance a few weeks before halloween, christmas, and now easter is huge. during february the 2 weeks before valentines my sales were horrible but picked back up after valentines. also you could check registration of new memberships to see if registrations went up because people create alt mules to go hunting with. <BR/><BR/>i would be curious if you saw anything relating to these smaller sections of time. sorry to write so much.<BR/><BR/>thank youAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-76165886870104132682009-04-07T16:21:00.000-07:002009-04-07T16:21:00.000-07:00@Rich - I agree, there is no proof here. It's mere...@Rich - I agree, there is no proof here. It's merely a hypothesis. There are many, many factors involved, most of which have no available data for analysis. That's why I put the "?" in the title. Thanks for the feedback!ArminasXhttps://www.blogger.com/profile/11246175825405804726noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-47151463093013315292009-04-07T16:05:00.000-07:002009-04-07T16:05:00.000-07:00Correlation is NOT causation. The relationship you...Correlation is NOT causation. The relationship you've discovered may or may NOT be the causal explanation for your situation. <BR/><BR/>If you tried other variables, you might find similar relationships.<BR/><BR/>So I caution you--at this point--from jumping to conclusions, just because the apparent "explanation" is intuitively satisfying.<BR/><BR/>Stats--properly applied--are much in order here.Richhttps://www.blogger.com/profile/01306599694168194761noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-4993754424834539232009-04-06T00:21:00.000-07:002009-04-06T00:21:00.000-07:00This is very interesting. I meticulously track all...This is very interesting. I meticulously track all business metrics for my two businesses as well and so far found no rule to them. I will email you the graphs later.<BR/><BR/>While the unemployment suggestion makes sense, I heard it mentioned a few times already that people cut on RL entertainment (movies, attractions, restaurants) in favour of virtual entertainment. The 12 US$ for a movie ticket bring you less far than the 3200 L$. But maybe this only applies while you still HAVE a job.Peter Stindberghttps://www.blogger.com/profile/05187648076397777162noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-74481675220063919012009-04-05T21:58:00.000-07:002009-04-05T21:58:00.000-07:00I think you wrote here a good analysis of what's g...I think you wrote here a good analysis of what's going on. People has less money to use in SL and they try to keep it only for really needed stuff.Raul Crimsonhttp://www.raulcrimson.com/noreply@blogger.comtag:blogger.com,1999:blog-8419468357626274672.post-16697162587026023752009-04-05T19:56:00.000-07:002009-04-05T19:56:00.000-07:00I think prices are just too high. It makes me sad ...I think prices are just too high. It makes me sad and angry when I walk into a store and would gladly buy several items if the prices were cut in half. Instead I leave the store with nothing. So the creator makes zero profit when they could have cleaned up. Sad.Anonymousnoreply@blogger.com