The More I think about the {Followers/10K} Boundary, the more I am convinced it is the Righ Formula

justinomora (55) in resteeming • 7 years ago (edited)

10K is the maximum Impressions you can get in Facebook for $1
10K was the maximum number of emails you could send via https://sendgrid.com for $1, in the now defunct Light Account Pay as you Go - Now, beyond the Basic Plan, every 1000´s emails cost you 0.75. In the case of a 100K Basic Account the cost is $2 per 10K emails

Using the Formula {Followers/10000} as incentive for Resteeming seems very competitive and fair. But I am not selling reshares. Just given incentives to whoever resteem my posts. Evidence of my payments can be seen in my Wallet Transactions.

Resteem this Post to your Followers and get paid (Followers/10000)x(CountryWeight)/SteemValue after you report in a comment your reshare

resteeming email-marketing facebook-boost sendgrid sendpulse

7 years ago by justinomora (55)

$1.00

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red-rose (60) · 7 years ago

thank you and i resteemit this post to my followers , keep visiting me, we will be really good friends regardless the voting or fees,,, i need real friends... thank you once more

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1 vote

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justinomora (55) · 7 years ago

Your share for Reesteming this post was sent: 0.042

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justinomora (55) · 7 years ago

As mentioned in a previous comment My formula is missing the Regional Factor. It should be {Followers/10K}*PfR; where PfR would be the Power Factor of the Region. 1 is for Latam. For Europe is higher

Now I am seeing another flow. It must also contain the value of the Steem at the day of the blast. In this sense should be {Followers/10K}PfR/SteemValue*. I realized this after seeing steem at 1.34

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1 vote

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justinomora (55) · 7 years ago

{Followers/10K}x CountryWeight /SteemValue

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fernando26 (43) · 7 years ago

Nice marketing insights!

I hope Steemit can add more value for your USD than other social networks.

Great job in bringing people from those centralized domains to the blockchain, I'm one of those who arrived here thanks to you, Justino ;)

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1 vote

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justinomora (55) · 7 years ago

Thanks for the Referral. The Original Idea is very Crazy. If enough people from my Networks come to Steemit, I could run the Job Searches and Recruiting for Free. If I charge, I can even be a real Robin Hood, in a sense. And the crazy thing is that the more marketing I do, the more income I may have.

Marketing in Steemit is still in its infancy, since people is only concentrated in Milking the Cow, but may be possible, via resteeming, transforming some users into real indirect marketeers helping to hunt down people. What is needed is Volumen: Let´s say a 1 Million Users.

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1 vote

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justinomora (55) · 7 years ago

Payments made by clients need to be Powered UP, hence you could give more money out, and at the same time getting reacher as you collect Steem Dollars and Steem from the Upvote. This is really crazy. So crazy that most people do not believe it. They take as a Scam. The guys behind this blockchain are real genius.

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justinomora (55) · 7 years ago

Let´s take this post as an example. I paid 0.500 to @steemvote for resharing, and this reshare brought back 0.43 which you can see here. So, the real cost of marketing to 2600 people was 0.07 without counting what the post can make during the next 7 days. I find this crazy and interesting, in the spock sense.

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fernando26 (43) · 7 years ago

Ok! I sent 0.5 steem to steemvote and in less than a minute I recovered my investment. Cool!

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1 vote

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justinomora (55) · 7 years ago

@steemvote is for real.

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fernando26 (43) · 7 years ago

Nice!
So, do you recommend the use of steemvote? I have just published my second post but with no interesting results so far.

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justinomora (55) · 7 years ago

Think of the audience behind, the Account. Yesterday I realize I should use nice pictures and not nasty one. After I change the nasty one, upvoting improved.

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fernando26 (43) · 7 years ago

Yes. As a coincidence, I have just changed my profile picture, for a clearer one. Let's see what happens.

And well, regarding investment recovery, it's not as direct as I stated before. You have to consider the 25% of the rewards to the curators. But, still is something good to try and check the results.

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justinomora (55) · 7 years ago

Think of the audience behind, the Account. Yesterday I realize I should use nice pictures and not nasty one. After I change the nasty one, upvoting improved.

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justinomora (55) · 7 years ago

Think of Resteeming as blasting SMS to audiences. I am currently reaching 10,000 But I know that is Peanuts. Ideally I should get around 100K. Real results come from getting to 1 Million. At that number the viral/referral output is very interesting. But Steemit is only about 500,000 users. Hence, eventually, one may need to increase the incentive. For time being, due to budget restrictions I am at current Formula.

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justinomora (55) · 7 years ago

In Ireland, it costs me $5 to get to about 500 people. That is why I hunted down a Mexican Resteemer to practice my concepts. He was really cheap. But I paid more based on my formula. Then the guy gave other numbers, and I have even rise further the incentive to 0.342, based on total people being reach by his work. We need to incentivize people for his work.

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justinomora (55) · 7 years ago

Preliminary Data suggest that, just at firing the Post, the average cost of a 10K blast using Steemit reshares is about 0.35 which means an efficiency of 65% against email marketing or Facebook Boosted Posts. Or said in another words, using steem reshares you may be able to get 30K exposure for just 1$ cost, just at launch of the post. You could end up even making a profit out your marketing expenses.

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1 vote

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steemvote (58) · 7 years ago

This post was resteemed by @steemvote and received a 38.56% Upvote

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resteembot (48) · 7 years ago

Resteemed by @resteembot! Good Luck!
Curious?
The @resteembot's introduction post
Get more from @resteembot with the #resteembotsentme initiative
Check out the great posts I already resteemed.

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jossylink (51) · 7 years ago

May Peace, Love, Awaken and Awareness be your guide.

Resteem your post at Steem/SBD 0.03

Resteem by @jossylink

Fellow @jossylink and send steem/sbd 0.03 with your post url as memo

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valth (68) · 7 years ago

Good thinking. However, it's also possible to look at the total number of SP that each account's followers has. I think this metric should be better to use, because I would rather get resteemed by someone who is followed by 100 whales versus someone who is followed by 10,000 minnows with very little SP.

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justinomora (55) · 7 years ago

Don't get it. Makes sense if you are milking the pool revenue. But in my case I am paying resteems to get exposure and get audience. Whales are not Job Seekers.

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justinomora (55) · 7 years ago

See you are in Norway and have more than 2K Followers. I wonder how much Facebook would charge me for blasting a message to 2k in that region. Probably $4,based on my findings for North Ireland.

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justinomora (55) · 7 years ago

My formula is missing the Regional Factor. It should be {Followers/10K}*PfR; where PfR would be the Power Factor of the Region. 1 is for Latam. For Europe is higher

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justinomora (55) · 7 years ago

In Job Search mode posting probably I will be willing to pay $1 per 1000

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christ2169 (51) · 7 years ago

Done

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minnowpond (62) · 7 years ago

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            To receive an BiggerUpvote send 0.5 SBD to @minnowpond with your posts url as the memo
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1 vote

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justinomora (55) · 7 years ago (edited)

This one is a Verified Bot Scammer. Take note. If you doubt me, send some money to him, and tell me what happens.

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