As US newspapers struggle for a business model for the digital age, the founders of a free online news site which recently celebrated its first birthday are optimistic about its future.”It’s been an extraordinary year for VGP-BPS8 , far beyond any reasonable expectations I could have had,” said Philip Balboni, president and chief executive of GlobalPost, which launched in January 2009.
“It’s somewhat amazing to me that from a standing start, with no site, no brand, no awareness, no nothing, we’ve arrived at this point of IBM thinkpad X60S battery ,” he told AFP.GlobalPost attracted more than 750,000 unique visitors to its website last month and is on track to surpass 800,000 in March. “We’ve set a goal for 2010 of going over the million mark,” Balboni said.
GlobalPost employs 70 correspondents in 50 countries, including veterans of The New York Times, The Washington Post, CNN and other major news organizations paying them a monthly retainer and shares in the company.While 70 percent of GlobalPost’s traffic was from North America last year, Balboni said the site “had visits from 232 countries and territories, literally every single place on Earth with the exception of North Korea.”
“For any media company the most important ultimate objective is to establish a brand that consumers see as credible and attractive and that begins to build an audience that you can then monetize,” he said.As for making money for Lenovo ibm x200 battery , the GlobalPost president and CEO said the site is counting on three revenue streams: advertising, syndication of GlobalPost content to newspapers and other outlets and a paid membership service.
Balboni said 70 percent of GlobalPost’s 2009 earnings came from advertising with the remaining 30 percent from syndication and the membership service called “Passport” which offers premium content for a 50-dollar annual fee of Lenovo 3000 n200 battery .”We ended the year with about 500 (Passport) members, which was less than we’d hoped for but we really weren’t surprised,” Balboni said.
Next month, GlobalPost plans to become one of the first US news outlets to experiment with the services of Journalism Online, a company founded last year to help news organizations make money on the Web for Dell inspiron 1525 battery .”We will relaunch our membership strategy in April using their technology,” Balboni said. “What this will allow us to do is to target the most loyal and frequent users of GlobalPost and deliver a message to them asking them to join Passport and to support our journalism.
see more : HP-Compaq laptop battery