I saw a story recently about a musician who took out an ad in a magazine to sell CDs, and ended up only receiving four orders. I don’t want to quote the whole thing, so the original is worth reading (and if only one percent of those people…).
In particular, the punch-line struck me as interesting in the context of SPAM and 419 scams and similar issues:
He forgot there was a number lower than one percent.
Why do SPAM and email scams work? because there is a number lower than one percent, and because sending millions of e-mails is virtually free. Taking my recent “work on a cruise ship” scam e-mail, we have to remember that if only 100 people are sucked in, that’s still $32,000 revenue for the scammer…
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