Mequoda Daily

Helping Publishers Make Money Online

Don Nicholas, Kim Mateus, and Amanda MacArthur

Hosted by Don Nicholas,
Amanda MacArthur and
Kim Mateus

Be a more confident, successful publisher in just five minutes each week!

Sign up to receive the Mequoda Daily, a free email newsletter with valuable case studies on:

  • Breakthrough Internet Strategies for Authors and Publishers
  • Proven Internet Marketing Sources, Programs and Tactics
  • Tips and Techniques for Designing More Effective Websites

And get Don Nicholas' valuable, free Special Report: Seven Online Publishing Secrets absolutely free.

Email Address:

Internet Strategy Tip: How Forbes Uses Earned Media

Driving website traffic with syndicated content and organic search

By Kim Mateus, Editor & Publisher Mequoda Daily and Library

Forbes Media executives can no doubt tell you the value of the average website visitor in advertising revenue per year, but they do not release these figures to outsiders.

Mequoda estimates Forbes.com Revenue per Average Visitor at $8.48 for 2006. Revenue per Average Visitor (RPAV) becomes the holy grail for how much an online publisher can spend to create one average monthly visitor.

Understanding how to acquire online visitors efficiently is a problem for online publishers, and many have not figured this out.

But Forbes.com has figured out how to acquire online visitors efficiently with an Internet strategy that relies heavily on using their content to earn free media coverage from other print, broadcast and online media.

Mequoda calls this Internet strategy "earned media," since it can not be bought, but must be "earned" by providing valuable content to other media outlets at little or no cost to them.

This Internet strategy, when executed well, can build a strong online brand that generates millions in new revenues for its parent organization. Forbes.com is among the best examples we’ve documented of using earned media to build a massive online brand.

How does Forbes.com generate all those unique visitors?

Jim Spanfeller, president and CEO of Forbes.com, says that there are four major drivers of traffic to the site: earned media, organic search, brand preference and email newsletters.

Earned media Internet strategy

The Forbes "syndication program," includes partners all over the world whose use of Forbes content gains Forbes exposure on other sites, which encourages people to visit Forbes.com.

This includes larger media portals like Yahoo!, Forbes Radio and Forbes on Fox. This is Forbes' largest source of visitors, and while none of these programs generate any significant revenue for the organization, they all generate website visitors for Forbes.com and build the Forbes brand.

Organic search Internet strategy

Google, Yahoo! and MSN generate the second largest number of visitors. There is so much information on the site that people looking for specific things in business often get a hit at Forbes.com. To maximize this source, Forbes.com started a specific search engine optimization (SEO) program in 2004, with excellent results.

Brand preference Internet strategy

The third major source of visitors is people who have set up Forbes as their home page, or have it on their "favorites” list or for other reasons go directly to the site, typing in Forbes.com. Clearly, Forbes magazine and other branded media programs are key to creating a media brand that people choose first for the business news.

Email newsletter Internet strategy

Forbes publishes a series of 37 free email newsletters on a variety of topics, available by subscribing at Forbes.com.

While Forbes email newsletters and Forbes Desktop Alerts are no longer a top source, Mr. Spanfeller notes that they were a "top three” source until 2005, and still drive 15 to 20 percent of the website's traffic.

The success of Mr. Spanfeller’s efforts to diversify and grow his website traffic make him one of the few publishers we interviewed for whom email newsletters is not the largest source of website visitors.

Additional resources

Business News and Financial News at Forbes.com

Forbes email newsletters

Making the Most of PR & Earned Media

Forbes.com Website Design Review

Recent Mequoda Daily Membership Website Tips

Membership Website Tip: Create a Sense of Urgency
posted in Membership Website Tips | January 22, 2007

Seven Rules About Writing for a Membership Website
posted in Membership Website Tips | April 25, 2006

The Pros and Cons of Using the Recurring Billing Option on Your Subscription Website
posted in Membership Website Tips | May 25, 2006

Top 10 Reasons Why Visitors Resist Subscribing to Your Membership Website
posted in Membership Website Tips | April 21, 2006

My 12 Most Important Beliefs About Marketing
posted in Membership Website Tips | April 14, 2006

COMMENTS
ADD YOUR COMMENTS

Share Your Comments On This Story!

If you have comments about this story and want to post them on this page to share your thoughts with other readers, simply enter your comments below.


Hello Guest.

Write Your Comment
(Offensive materials and/or spam will be removed, no HTML allowed)

Please Note: Your signup must be verified via email before your comment is published. Comments are limited to 500 characters.

 Notify me when new comments are posted?

Hello Guest! | Log in

Increase text size: A A A

Topics
Free Special Reports
Resources

SUBSCRIBE!

Sign up to receive tips daily!
Your email:

We value your privacy

Upcoming Events

Join Don at:
SIPA's 25th Annual Mid-Year Marketing Conference: Gain. Market. Share.
December 8-10th, 2008


Join Kim at:
SIPA's 25th Annual Mid-Year Marketing Conference: Gain. Market. Share.
December 8-10th, 2008

RSS Feeds

Subscribe
Google Reader or Homepage

Add to My Yahoo!
Subscribe with Bloglines
Subscribe in NewsGator Online

BittyBrowser
Add to My AOL
Subscribe in Rojo
Subscribe in FeedLounge
Add to Technorati Favorites!
Add to netvibes
Subscribe in myEarthlink

Join us on Facebook:

Blogroll
Spamcheck
.
ga-n