By D. Eadward Tree, Chief Arborist of Dead Tree Edition
My latest article for Publishing Executive looks at some ways digital publishers are often governed by assumptions that are true in the print world but don't make sense on the web.
For example, digital publishers are able to see that some content and some readers are many times more valuable to them than others. And yet so many -- digital-native ones as well as those with a print legacy -- mindlessly focus their efforts on increasing the number of unique visitors.
That's a nearly useless measure of volume, not value, that causes them to chase after "viral" hits rather than building a sustainable enterprise.
Something not mentioned in the article is an old print-magazine trick that the digital geniuses haven't figured out how to copy yet -- getting subscribers to renew when they have two years left on a three-year subscription. That's what my friends in the Circulation Department call "cash flow management."
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