As a writer, it is important to explore different kinds of written content mediums to expand your reach and connect with a wider audience. While platforms like WordPress used to be popular, their weight and effectiveness have diminished over time. It is crucial to adapt to the changing landscape of the internet and explore new platforms for growth.
Hatched by Glasp
Aug 30, 2023
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As a writer, it is important to explore different kinds of written content mediums to expand your reach and connect with a wider audience. While platforms like WordPress used to be popular, their weight and effectiveness have diminished over time. It is crucial to adapt to the changing landscape of the internet and explore new platforms for growth.
One of the top organic platforms for growth currently is Medium. By publishing your content on Medium, you increase the potential for discovery and reach. However, it is important to be strategic in cross-posting your main series. One recommended platform to cross-post is Hive.blog. This allows you to reach a different audience while still maintaining control over your content.
In addition to Medium and Hive.blog, consider sharing your content on LinkedIn. LinkedIn is a professional networking platform that offers a unique opportunity to connect with professionals in your field. Sharing your articles on LinkedIn can help you establish thought leadership and build a network of like-minded individuals.
Another strategy to consider is diversifying your email newsletter distribution. Instead of sending your newsletter to a single platform, such as Ghost Emails, consider expanding to platforms like Substack and Revue. This allows you to reach different audiences and increase the chances of your content being discovered.
Moving on to another topic, if you are running a marketplace business, it is important to understand if you are supply or demand constrained. Identifying your constraint will help you determine the next steps in scaling your business. Being supply-constrained means that your biggest obstacle to driving more transactions is a lack of supply. For example, companies like Airbnb and Uber may face supply constraints because they rely on the availability of homes and drivers, respectively.
On the other hand, being demand-constrained means that the lack of demand is hindering your ability to drive more transactions. Companies like Rover and TaskRabbit may face demand constraints because they rely on customers seeking their services. It is crucial to identify which constraint you are facing in order to address it effectively.
To determine if you are supply or demand constrained, you can analyze metrics such as occupancy rate and bookings rate. For example, if your occupancy rate is consistently high but your bookings rate is lower, it may indicate that you are supply-constrained. By understanding your constraints, you can develop strategies to overcome them and drive further growth in your marketplace business.
When it comes to scaling a marketplace business, it is rarely a binary decision. There are several signals to look for to determine if it's time to scale. One indicator is achieving product-market fit (PMF), where retention and growth are healthy in your chosen geography or category. Additionally, having a strong hypothesis for launching a new market or category can be a signal that it's time to scale. Lastly, if there is a strong competitive threat in your industry, you may need to respond by scaling your business.
In conclusion, as a writer, it is important to explore different content mediums to expand your reach. Platforms like Medium, Hive.blog, and LinkedIn offer unique opportunities to connect with a wider audience. Diversifying your email newsletter distribution can also help you reach different audiences. For marketplace businesses, identifying whether you are supply or demand constrained is crucial in determining the next steps for scaling. By understanding your constraints and looking for the right signals, you can effectively scale your marketplace business.
Actionable advice:
- Experiment with different content platforms and find the ones that resonate with your target audience. Don't limit yourself to one platform, but explore multiple avenues for growth.
- Analyze your metrics regularly to identify any supply or demand constraints in your marketplace business. This will help you develop strategies to overcome these constraints and drive further growth.
- Keep an eye out for signals that indicate it's time to scale your marketplace business, such as achieving product-market fit, having a strong hypothesis for expansion, or facing a strong competitive threat. Be proactive in responding to these signals to ensure sustainable growth.
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