Too Much Content. Too Little Revenue. Making Content Without Monetizing Doesn't Go Very Far. - Q&A - Ep #4
In today's show, we have a question from Michael Britt, a Psychology professor who has been super-successful at creating lots of content, has millions of downloads of his podcast and his youtube videos, but has not had much success at monetizing 9 years of hard work.
A weak call to action, content all over the place, not focusing on one sub-niche at a time, trying to be everything to everybody, spreading yourself too thin.
The problem might be that you've just kept creating content for years, without any kind of structure or specific goals. And you've been creating products without identifying who your target customer is.
When I go to your web site, I can't really make out who it is really for. Is it for students studying psychology for a college degree? Is it for the casual person looking to learn about psycology? Is it for people who are looking to learn more about psychology because of a loved one who has an issue? The content is just too much, and it is all over the place, from what I can tell.
You have a very weak call to sign up for your newsletter at the top. Doesn't state any benefits. Just "sign up for my newsletter" is not going to cut it. Instead, it should be something like "Get the top 10 memory boosting tricks that are borderline illegal, have been baffling both scientists and students - and will rewire your brain like you are Sherlock Holmes". Have a nice digital image of a great report. Say how many times it has been downloaded. Why it helps. Benefits. Who all it helps. "Whether you are a teenage student or you are 60 years old and you have just been diagnosed with Alzheimers".
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