Many people use article marketing to advertise their websites. Using articles for this purpose can afford proof of your credentials to share information to the broader internet community.
If you are involved in this promotion method have you ever stopped to consider to what extent this activity of article marketing is bringing in income for your online efforts. If not, you are highly recommended to spend some time correlating revenue to article marketing.
While article marketing incorporates many factors such that an exact computation of benefits in monetary terms is difficult, we cannot run away from the fact that when it comes to profitability of any internet business, we must reckon in terms of pounds and pennies.
Here statistics play a large part in comparing revenue to articles and I wish to explain a way that you can check your article marketing statistics.
Simple mathematics can help to project revenue to the number of articles we write, even though there are factors peculiar only to a particular author that are not common to any other individual.
Over a period of time of, for example, 6 months, an author of several articles can graph income derived from article writing with the "y" axis as Revenue and the "x" axis of the graph as the quantity of articles submitted, each time maintaining the number of article sites to which the article was sent at a constant figure.
For example if you are marketing these articles to sites such as ezinearticles.com or goarticles.com, your revenue that goes to the "y" axis is the payout derived for the month from using solely article marketing, and the "x" axis will be the number of articles submitted.
Over the time-span of 6 months, you will have adequate documentation on the graph to draw a straight line that goes through the majority of the points on the graph where the line is represented by the equation y=mx+c
The function of the regressed straight line will show that the income derived is a function of "m" which is the slope of the line, and a constant "c".
The constant "c" is the value where the straight line intersects the "y" axis and this is the particular part which stems from the author and is a representation of his abilities in writing, his craft of writing, his command of the language and factors that only the individual shows.
By studying income obtained against number of articles submitted, keeping other factors unchanged, it will be possible to gauge the quality of the author's writing and form a rough basis to forecast further revenue to the number of articles planned for submission, ignoring other factors such as keyword choice, onsite and offsite search engine optimisation which are not included in the study, and only on the basis of the individual's writing "flair" and abilities as measured by the constant "c".
This is by no means exact; but keeping statistics and charts like these is useful in helping the marketer identify sudden trend changes, particularly where performance drops.
He can then study what has caused this change and highlight details that may be otherwise missed.
Many use software to track earnings, but most scripts do not include graphical analysis. When the charting is done manually the internet marketer notices sudden fluctuations or is able to think about what to change to derive more revenue.
He can go deeper to ask this question: " Since the revenue is directly proportional to the slope of the revenue line, what factors will change the slope?".
Knowing these factors, he can vary them and test the changes.
By correlating revenue with articles written, the internet marketer can project profitability, no matter how rough the estimate. He has on his hands a set of statistics to use for more analysis, or in marketing terms "testing".