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Pricing for content an other valuable idea., Friday, March 27, 2009
   
 

If you see most of the sites do not need the best content available, because of ROI .

While it is true that great content will get you links and get you ranking, over time, that does not mean that is the route to success for most sites.

If you are looking for great, original writing, I've seen writers produce as little as 100 words per day on complex subjects, so that a 300-word article took 3 days and a 1000-word article took 10 days to produce. For a top-quality American writer you are going to be paying $5000 per month and higher. That means a top quality 1000-word article could cost you $2500, or $2.50 per word (or more), and that is reasonable. This is the high end of the scale.

On the other hand, a good writer from, say, The Philippines (3rd largest English speaking country in The World), can write 1800 words per day on travel guide type stuff at a cost of about $1000 per month. That would be about 40,000 words per month, or a cost of about $0.025 per word (which is the minimum you can expect to pay for simple but original content).

There is thus a range of cost per word of 100-to-1, between the best American made writings on complex subjects and that which can be obtained by offshore outsourcing on rather simple subjects.

If you have a legal site, the best source for content is likely to be an attorney, likewise, the best content for a health related site is probably going to be produced by a medical doctor.

But I can hire a law student in The Philippines to write my legal content for 1/100 of the price, and I can hire a med student to write my health content at the same savings ratio. So what if my content is judged to be only 80% of the quality that you got from hiring an attorney to do your content at 100 times the price. Your site cost you $100,000 and mine cost me $1000. For my $99,000 savings, I'm just going to allocate that to links for my site. Which site will rank higher? Which site will make more money?

Everything is a compromise. I want to build a race car, but how fast it will go depends largely on how much I can spend to make it go fast. Do I spend $5000 on an engine that will produce 600 horses or $25,000 on one that will produce 650 horses? You don't have to be #1 to be in the money. It all comes down to ROI.

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  posted by power @ 4:13 AM permanent link   |

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