where to get logs on wild west new frontier

Then even the best of products have to be marketed and sold.Ģ) Advertising-Anything that is free is being paid for by advertising. The challenge for these companies is to define a product/service that customers derive enough perceived value from the use of the Freemium product. That means if you have 10,000 people using your free version, 200 to 500 will pay to purchase your product. Most companies are experiencing a 2-5% conversion rate. Today there are two distinct business models driving successful companies.ġ) “ Freemium” is based on the premise that we use the free version of the software/ap and then upgrade to the paid for version. My guess is the biggest winners of those stories were the saloon owners. Like in the Old West when there was a hint of gold in the hills above, a town popped up to support the prospectors.

The challenge was no one had figured out how to monetize the traffic beyond banner ads. The dot bomb era was full of arsenals of venture capital investment enabling the next college kid to become a CEO. Of course, it doesn’t.” 2) There is Gold in the Hills.ĭuring the mid-to-late 90’s the mantra for the Internet new frontier was “ build it and they will come.”

People think the right new hammer will build the house (and throw the housewarming party) for them. The key is to not get distracted by them, understand how they work and how to apply them to your specific goals and objectives. “There will always be more and more new tools to get distracted by.

Daily Tekk- 10 Powerful Social Media Monitoring Tools.

Entrepreneur- 10 Little Known Social Media Tools You Should Be Using.

Michael Hyatt- 15 Resources for Pro Bloggers.

Tim Ferris- 21 WordPress Plugins that keep me sane.

There are so many choices (x) the speed of creation = constant invention. I suspect this is the new landscape of the world we live in. The ease of creation of new software tools has never been easier.Īnd the Social Economy rewards artists who can create a better mousetrap than the next guy. Just when you settle in on a software tool suite to use there are three new one’s that pop up that you have never heard of. I am sure if you are like me you are finding this a challenge. 1) New tools keep us in a constant state of discovery.

Where to get logs on wild west new frontier