Printer business and fools gold
I just bought a new printer/scanner/fax. I bought it at Costco for like 99 bucks. Amazing. I remember buying one of inferior quality for like 400 bucks 2 years ago. Amazing how cheap these printers are. If you guys don’t know already, let me clue you in on the printer business.
Companies like HP and Canon, don’t make much money on the printers. The bulk of their profits are in the ink. That’s why they sell cheap printers. They give you a machines on the cheap so they can make like 90% profit on the ink. You see this type of business model in the video game console business as well. Playstations, Xbox 360s, and Wiis are sold on the cheap compared to the games. The point is to make money off the ink. It’s like Chris Rock says, “the money is in the treatment, not the cure.” Drug companies have no interest in curing shit. Why would they? A cure will only make you money one time. But drugs that supress the illness, are gold cause the customers will keep buying. Inventions that give you a permanent fix are bad for business.
With that in mind, think about the blogging game. None of the money making blogs, give any real info about making money online. They just give you something to hold you over until the next post. If you write a long post about all the ways you can make money, you’re visitor will read it once, and never come back. That’s bad for blogging. That’s why you don’t find many useful blogs about making money online.
I remember my elementary history teacher talking about the California gold rush. He talked about how people from all over came to San Fran in search for gold. Most of those hopeful individuals gave up on striking it rich. But before they quit, they spent a lot of money on tools and land. They paid money to buy equipment and clothes. The guys that made money in San Fran during the gold rush were not the gold diggers. The guys that sold the equipment, land, clothes, house, etc…made the real money. Levi’s denim was one of the smart few.
In the above analogy, bloggers are gold diggers.(fools) We are the noobs that support this mini economy. Only a few(chow, ron jeremy) find any gold. People make money online tho. The guys that are selling the equipment for bloggers make money. People who sell Wordpress themes, ad space, ebooks, etc. Think about supplying equipment to other bloggers. If you can help them in anyway, you have potential income. If you can help drive traffic, or help them with their posts, you can make money. Don’t try to do what chow does, cause that’s as foolish as striking gold. Be a supplier. Be Levi’s, not gold digger.
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BloggerNoob is all about
April 11th, 2008 at 1:32 am
Impressive, dude. You have described how to make a million dollars in a succinct, and completely understandable way. That is awesome.
Namaste.
April 11th, 2008 at 3:32 am
Noob I demand you give us real info about making money online
April 11th, 2008 at 5:28 am
I will be trying the Wordpress premium theme market soon enough, seems unsaturated as hell with the potential to make a tonne if it kicks off.
Btw, you won a prize in my contest worth a decent chunk, one that should help with the problem you mentioned in your last post. So get cracking and claim it buddy
April 11th, 2008 at 1:13 pm
[...] But I spend a lot of my time reading blogs about blogging. I know that I have mentioned that here before. Again, forgive me for being repetitive. But the reason I mention it here is that one of the guys I read posted something that everyone who is interested in any kind of wealth should read, and internalize. He talks about instead of going for the big win, go for a bunch of little ones. Read about it here, at bloggernoob.com/ [...]
April 12th, 2008 at 1:36 am
Great article noob, you need one of those dig, stumble links.
10/10
ass licker
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April 12th, 2008 at 6:49 pm
Great post. This is fantastic info. I have been looking into different ways to make money and you hit the nail on the head. Good for you (and me). Thanks so much. You are a genius.
April 12th, 2008 at 7:00 pm
Well said. And I agree with you. Think of how much money those social networking sites must make!
They are definitely catering to us bloggers! lol
April 13th, 2008 at 12:33 am
Awesome Post! U had me Sold the moment I saw the Blonde Goddess!! Is that Paris? No matter cuz whatever She’s Selling I’m BUYING!!
;PPP
I got an amazing Epson RX500 Scan Copy Printer a Year + a half ago + I Love it!! The Quality is Amazing + as always with Epson the Documentation + most importantly the Software with it make it a Joy to use + so EZ!!
I had to laff the 1st time I went to get Ink they had Printers on for $79 Bucks + my Bloody Ink was $95 Bucks!! I’m going I may as swell just get a New Printer everytime!!
Ya Gotta Love it*
;))
p.s. the Chow + HedgeHog analogy was Funny too*
April 13th, 2008 at 7:27 pm
Noob, this is what I have been observing for months now. Especially when it comes to buying e-books, e-consultation, or e-anything. The bottom line for the big-time bloggers is, why would you want to create more competition for yourself if you’re not making any profit from it?
BillWarhol, I feel that pain. I own an HP Photosmart 8250, and was going to use it yesterday just to print out some guitar tabs for my brother, but the yellow cartridge is empty. Turns out I can’t print ANYTHING, even black and white only, if one of the color cartridges is empty.
January 27th, 2010 at 11:27 am
I love your site. I look forward to reading more of your posts. Thank you!