Mike Masnick

How many hits is a link from BoingBoing or Seth Godin worth?

A month or so ago, I wrote a blog post titled "Most Expensive Wi-Fi Ever?" about the cost of internet services at a Toronto-area convention centre.

I submitted the post to StumbleUpon, BoingBoing, TechDirt and Reddit, as I thought all would be places where readers might be interested in this type of insane mark-up. After my colleague Ian pointed out that Seth Godin had linked to me, I dug into Google Analytics to see how much traffic that ended up driving to my post.

As a result, BoingBoing's Cory Doctorow blogged about it on September 22nd, resulting in 1,141 hits to my post.

Mike Masnick at TechDirt wrote about my post on October 25, but didn't link directly to me (I don't mind).

Seth Godin mentioned my post in a recent post he wrote, driving another 678 views.

Reddit drove a measly 61 views.

And Google Analytics reports that StumbleUpon drove 2,437 views of the webpage (even though StumbleUpon itself only reports driving 35 users to the page).

There were also an additional 2,762 views to the post that Google Analytics identified as coming from (direct). While I obviously can't confirm where these are coming from, I have a feeling they're probably spread out across the different sources (my other colleague Kevin Mchugh sent me this link that might help explain that (direct) traffic)

So what does all this mean?

By itself, not much. Views or hits aren't everything these days. A kind word from an online influencer is probably worth a lot more than a link in the long run, thought it might be more difficult to measure.

There is also probably a lot of digging I can do into how long visitors from the different sources stuck around, and whether they checked out anything else on my site. Visitors from one source, though fewer, might end up being more 'valuable' (in this sense, sticking around as long-term readers).

What do you think about this data?

-Parker

 

The Most Important Post You'll Read This Week (CwF + RtB = The Business Model)

I've always been impressed with the good ideas that come from Mike Masnick and the Techdirt crew, and their latest initiative is no different. For quite some time now, Masnick has been repeating the mantra that if you are able to Connect with Fans of whatever you are making or selling, AND give them a Reason to Buy, you've got a business model.

The formula looks like this:

CwF + RtB = The Business Model

He's showed us examples of how it can work for a bunch of different industries, and now he's finally applied the model to Techdirt. By offering a number of unique packages, he's making it easy for anyone to give the blog money and get something in return. The most basic package puts a badge on the user's Techdirt profile, showing that they support the site. More sophisticated packages include signed copies of books or t-shirts. They all give the user a reason to pay money (getting something in return) as well as giving them a chance to connect with the Techdirt crew in another way (from a badge to advance views of posts).

While I'm sure that this will create a new revenue stream for Techdirt, I wonder how much it will actually bring in (compared to their other work), and how applicable this model is to other blogs.

Either way, it is a great experiment.

Check out the various packages, then read the post announcing the plan.

For the record, I bought the Approaching Infinity package for $35 USD, and am looking forward to getting my copy of Masnick's book and a Techdirt t-shirt. I also feel like it is a great way to support a blog that I love reading from and learn something new from almost every day.

-Parker