IS TWITTER THE FFA FLOP OF THE MOMENT?
For people who are fairly new to the internet, an F.F.A. is a “Free For All” advertising network that was once “hot” and “in vogue” … and then went into demise. Will Twitter follow the same fate?
Let’s explain the concept of the FFA network, how it crashed and burned, and how I relate it to Twitter.
The original concept of the FFA was fine. You posted a FREE advert, and people read the ad. Great.
WHY I’M SUSPICIOUS OF THE TWITTERS WHO FOLLOW THOUSANDS OF OTHER USERS
Does your inbox get flooded with a few hundred spam emails everyday? Do you read ’em – or delete ’em? I reckon I know which!
You’ll see why I mention spam email in a moment, but for now bear with me on this as this gets a little confusing.
Lets call the the user a “Guru”. All Twitter accounts have two parts; the number of people that person is following (whom we’ll refer to as “Guru Following User”), and the number of people who are following that particular user (whom we’ll call “Guru Followers”).
Did you know that if you use PayPal, you do not have to give customers refunds?
Did you know, if you return a product to ClickBank, they will refund payments without question?
I will explain. I purchased a product from a vendor. It cost £25. In return, I got a single sheet of double spaced text. I complained to PayPal. The response was more or less “Tough Luck!”
You see, PayPal will only return a customer’s money if the item gets lost or damaged. If the product is quite simply rubbish, well that’s the buyer’s problem. The onus is then on the seller to offer a refund should they choose to do so.
Here is a statement you’ll often see quoted as the No1 rule for making money online; “The Money Is In The List”
I suppose – strictly speaking – that IS correct. What they’re saying is that once people have got to know you, and trust your opinion, then they will purchase products you recommend. But someone who is just starting their online marketing enterprise, the statement falls down in one key area; if you ain’t got people on your list, YOU AIN’T GONNA SELL NUFFIN’