1. Links

If you provide good, quality content, it is going to attract links period. It is true that this will not always happen without the appropriate attention to site promotion, but once people see your content, they will link to it if it is good. It’s that simple. There are tons of sites dedicated to linking to (what they perceive to be) good content alone. That is their whole purpose.

Look at sites like Drudge Report or Techmeme or even Google News for that matter. While the ways these sites choose what content to display may differ from each other, they are each rooted in what they consider to be valuable content, and everything on these sites links out to other sites. With good content, there is no reason why sites like these (or others depending on your niche) can’t be linking to your content.

When your content generates more links, it is likely to achieve greater visibility right along with them. Whether that be from search engines, blogs, or sites like those mentioned above, more doorways are created for entering your own site. People don’t link to bad content (generally speaking) unless they wish to insult it, or are for some reason misled about what they are linking to.

Sally Falkow of Expansion Plus discusses the importance of top-rated content with Abby Prince in the following video (add to the discussion):

2. Sharing

Links are really just a way that people share content. But there is no question that as an online entity, you have to consider social networks. People love to share content via Twitter, Facebook, MySpace, etc. Not to mention the ones that are made specifically for content like Digg and StumbleUpon.

In fact, you might as well give readers an easy way to share your content by offering social links within it. RSS feeds are typically a good idea too. This is just one more doorway for people to get to your content, and an ongoing one at that, should they stay subscribed to you feeds (they will also keep your brand fresh in readers’ minds). Then There’s the fact that feed readers often offer their own sharing features leading to even more opportunities for more people to see your work.

These things are the word-of-mouth of the online world. There’s no reason to rule out word-of-mouth in the physical world either. For example, I might tell my mother-in-law that I read this fascinating article on WebProNews today, and she might say something like, "Hmmm, what is this WebProNews? That sounds like something that I would be interested in. I should check that out. What’s the URL for that?"

But again, if your content sucks, nobody is going to share it unless they intend to insult it. This brings me to the next reason why content should be a priority, and that is…

3. Reputation

If people are out there insulting your content, your brand’s reputation will only be damaged. Remember, word-of-mouth works both ways. This is one reason why reputation management is so important. It’s not just about your own personal reputation, it’s about that of your entire business.

Creating good content establishes credibility. When someone views your content and learns something from it or likes what they see, they will (if even on a small scale) develop some amount of trust toward you (and potentially your brand) as a credible source for information within your niche of expertise.

4. Audience

The more linking and sharing of your content, the more your audience is likely to grow. Isn’t this reason enough to make your content good? When you develop a positive reputation online, that in itself tends to snowball as well. People throw your name around a lot, and you can even become something of a mini-celebrity. Then people will be inclined to check out your content based on name recognition alone. People will see your name referenced frequently, and want to know what you’re all about. If your content is good and appealing to them, they’ll keep reading it and share your content with others.

5. Money

In the end, it is truly money, which we all seek is it not? It’s not all that matters, but in the business world, it’s a pretty good chunk of what matters. That’s why we’re all in it. Otherwise, we wouldn’t be businesses. We’d be non-profit organizations.

Well, when you have an established audience and a good reputation, the amount of revenue your business brings in is likely to increase.  If your business plan entails selling ad space, there’s nothing advertisers like better than getting their messages out to large numbers of targeted people (in this case, your audience). And there’s nobody that customers like to buy goods and services from (particularly online) than a business with a good, solid reputation. And both your audience and your reputation can be boosted incredibly by the quality of the content you offer the general public.

I’m not giving away trade secrets here. I’m not selling anything other than common sense. I know this isn’t groundbreaking advice. Yet nearly every day, I see people trying to earn a living online using wretched content, and they’re (possibly even unknowingly) only hurting their chances of doing so.

Content can be the road to riches or the path to poverty. That is why if you’re trying to run an online business, it must be a priority.