doing some number crunching on subscriptions (and why I need you to subscribe)
I’m looking for 321 UPDATE: 305 new subscribers in February. Here’s where I got that number.
(If you don’t need an explanation, you can subscribe by clicking here. Or click on the pageview counter in the bottom right corner. Or wait for the reminder popup that will appear after every couple of pageviews.)
A while back, reader Hebbie suggested that I do what Andrew Sullivan is doing with his The Dish, in his drive to get readers to subscribe via Tinypass: full disclosure of the results of my subscription efforts, with charts and everything.
So that’s what I’m doing here. Even though — unlike Sullivan — I have no staff and have to do all this myself, as best I can. And even though every minute I spend doing this means I’m not watching movies and writing reviews. (Sherlock! I could be writing about the new Sherlocks now, which I haven’t done yet. But I’m getting pretty desperate, and maybe this will help.)
Hebbie wanted charts, so here you go. This is currently active monthly subscriptions, with number of subscribers along the left and what they’re paying per month along the bottom:
(That’s hard to read. I don’t know how to make decent charts — words are my thing, not numbers or data. Click here for a larger, more legible version.)
And here’s currently active annual subscriptions, again with number of subscribers along the left and what they’re paying per year along the bottom:
(Larger version here.)
These charts, by the way, include a few subscriptions that expired in January, which I hope will be renewed.
If you do the math — I can use a calculator — that amounts to an annual income of US $11,542.21. That’s before Tinypass, PayPal, and Amazon take their cut. (Of a $4.99 monthly Tinypass sub, I get around $4.15. From the pre-Tinypass legacy subscriptions that were started via Amazon and PayPal, I get about $4.70 from every $5 sub. Tinypass takes more because it’s their software running the paywall, and they deal with account maintenance and so on. I think that’s a good deal.)
Poverty line for a single person in the U.S. in 2013 (according to Wikipedia) was $11,490.
I work at least 80 hours per week on this site. Counting two weeks vacation, which I don’t get but I’ll deduct anyway, that’s an hourly rate of $2.88.
That’s inexcusable for a writer who averages 100,000 unique readers per month. Artists and writers and other creative people are supposed to expect to work for nothing when they’re just getting started. Once they’ve found an audience, there should be some money in it.
Oh, and those figures aren’t counting expenses. Web hosting alone is $79.95 per month. (And no, I cannot go cheaper, not with a site this large and with this much traffic. Cheapo hosting is fine for a site with a small amount of content and minimal traffic.) There’s also annual domain-registration fees and monthly fees to HootSuite (essential for social networking, which is essential for building traffic) and MailChimp (which I use for the Daily Digest and Movie Cheat Sheet emails.) Then again, for 2013 I took in Amazon affiliate fees of $1,259.23, so that’s just about a wash with those major site-operating expenses.
I know more subscribers are out there.
According to PandoDaily, the Dish and The New York Times are converting about 1 percent of their unique visitors into subscribers.
Google Analytics tells me that in January 2014, this site had 92,894 unique visitors, and 109,425 visits overall. My Web host measures my January 2014 traffic as 119,239 uniques and 216,458 visits overall. Different ways of counting can result in different figures, but I think it’s safe to assume that the actual number is somewhere in between:
106,067 unique visitors in January
Which means it would not be wildly unreasonable to expect that I should be able to round up
Coincidentally, I figure that if I could get 1000 subscribers at $4.99/month or $49.99/year, I’d be in okay shape. Not great, but okay.
I also figure — using the Google Analytics data that breaks down visits by how often someone returns; ie, X number of visits represent a visitor’s 100th visit to the site that month — that I have somewhere in the vicinity of 450 insanely dedicated readers.
Currently, only 129 of them are subscribing at $4.99/month or $49.99/year or higher.
So I’m gonna set a goal for February of getting 321 new subscribers. (That’s the 450 insanely dedicated readers minus the 129 already subscribed.)
If some of those legacy subscribers — 147 of them — who are paying less than that would like to bump up their subscription, that would be awesome. Drop me an email and I’ll help you do that. (Those who want to stay at $1/month or $12/year or whatever, that’s cool, too. You folks have been showing your support for years, and I’m delighted to have had you onboard for so long.)
If you’d like to subscribe, just click on the pageview counter in the bottom right corner, or wait for the reminder popup that will appear after every couple of pageviews.
I need your help. I cannot survive on $2.88 an hour.