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February 12, 2010

Blogging Economics: Science approach























In this post, I will try to define basics of Blogging Economics.
As a newbie in blogging, I'm still in the phase of exploring the blogging phenomenon, so some additions are expected.
Just couple of minutes ago, I realized the simple truth,which i will call "The follower theory", which is defined as follows:
as the number of follows increase, also increases the number of your followers.

Follow and Followers are the basic concepts of Blogging Economics. Lets define the dependency between the quantity of followers and the blogs you follow, as The Following elasticity.(see the figure).

tgα shows how many blogs u should follow to gain 1 more follower. (Should be calculated on empiric data).
As u see, curve doesn't hit the 0 and the quantity of your followers without any follows by you shows how interesting is your blog. Lets call those followers as natural followers.
So we can conclude that: high natural followers extent and low elasticity means that your blog is working properly and that's interesting. Cant define that efficient, because it will be efficient if you have hints on your blog, which is not directly connected with followers quantity (subject for further discussion).

4 comments:

Barefoot Blogging said...

That post is about right. I currently follow 25 plus blogs but 2 follow me. It's the nature of the blogging world I guess?

I do a lot of scratching and I'm waiting for my back to be scratched. ;-)

Good work.

Chad

Anna Mirror said...

2/25? elasticity ratio is really low. like for me my 3 followers are natural :)

further i will study some other aspects too:)

Rick said...

Never heard it expressed that way before. I feel a bit selfish when I thank people for following my blog and yet I don't return the favor. I like to bookmark some sites, but never have actually followed one. I tried to become a follower of a blog there other day that I frequently visit, but couldn't figure out how to do it. I don't know if she had not signed up for the feature because there isn't any "list of followers" on her page. Anyway, I am very honored that you would choose to become a follower of my bit of nonsense. I am honored and will try to honor your honor by honoring you with honorable doodles. (Wow! That statement came out of no where.)

Anna Mirror said...

man, what was that? O.o :))))

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