We have very low (<2%) new user conversion on the market page - why is this?
Showing the graph upfront shows new users that they can ask a question and get a market as a response. This makes sense to me and other financially versed people but I doubt new users actually understand what a market for a question means. I doubly doubt that they understand that a market is a general information aggregator as opposed to a tool to invest in equities/assets.
My argument is that the graph doesn't help a new user understand what our site is about. A new user also doesn't know why they should trust the answer we're providing because:
1. They might not understand/know/trust the efficient market hypothesis, (though our markets are doubtfully efficient anyways given the liquidity).
2. They don't know understand why the graph says what it says, i.e. the arguments for and against. Maybe they see that people are betting on different outcomes but these bets only represent the opinions of a small number of users. How does the new user & creator judge whether they're right or wrong? How can they tell whether the people betting are good bettors? The only way they can understand the quality of the information that the graph is aggregating is to scroll down and hope there are comments. We should be doing more to encourage, highlight, and reward comments. Otherwise we are just a betting site with a far less useful currency.
If we show comments up at the top we'll get a win-win-win:
1. It'll make betting easier by highlighting the best arguments for and against (do you agree or disagree with these comments?)
2. We'll get more comments
3. People will get more (interesting) engagement on their markets that will make them more likely to return
background: https://manifoldmarkets.notion.site/Socialize-Manifold-245d3174e57940a5bff3b9ceaa98c480
cc: @SG
Aug 23, 4:10pm: Resolves YES if we show comments above the graph for >1 week at a time during the next 60 days (will update closing time). otherwise resolves NO.
Close date updated to 2022-10-23 11:59 pm
Aug 23, 4:52pm:
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ1,002 | |
2 | Ṁ91 | |
3 | Ṁ50 | |
4 | Ṁ39 | |
5 | Ṁ26 |