LEWIS 360° – The blog of global communications agency, LEWIS PR

PR blog covering communications trends, social media and more

Analytics for News Editors: Visual Revenue Launches

Over the course of the past few weeks we’ve talked about the need for communications professionals to embrace analytics, how to get started with analytics, and even shared a few specific metrics that matter for PR and social media pros.

Continuing with our analytics theme and its impact on our day-to-day jobs, I wanted to draw attention to a shiny new start up, Visual Revenue, which has intrigued me to no end. According to its site:

Visual Revenue provides a predictive analytics solution that helps online media organizations set a better front page and provides online publishers with real-time recommendations on how to maximize the performance of their current content by treating the Primary Front Page and Section Front Pages as traffic channels unto themselves.

It’s refreshing that Dennis Mortensen is building a platform that ultimately serves readers and not solely search engines (obviously there’s a significant financial value proposition for publishers).

So why is this a game changing analytic tool for editorial professionals, in my opinion? It augments one of the most important skill sets required of a top-notch editor – having a nose for news.

For example, I randomly picked Computerworld.com and looked at its News section front page. The “above the scroll” news story was about Google enhancing email security. As I scroll down, I notice a story about how the Fed is boosting data security due to the WikiLeaks fiasco. No argument about the newsworthiness of either story – both are timely and relevant (i.e. well done Computerworld editor – congratulations on your strong news judgment).

However, by nature of its very placement, the Google security piece receives more traffic than the Fed WikiLeaks piece. Simple web analytics tools will inform the Computerworld editor of that fact. Visual Revenue claims to take it a step further by recommending to that editor to potentially relocate the Fed story, which will lead to more clickthroughs and more sticky readers.

Though I’m not an editor or content producer for an online publication, my team and I work with them daily. They are stressed, and for good reason. In addition to finding, interviewing, sourcing, checking, writing, re-writing, re-re-writing, editing, and posting news, many outlets require their editors be responsible for “engaging visitors and boosting traffic.” Yikes.

Will we see the “Editors Replaced By Algorithms” narrative in the coming months. Of course we will.

But, I would disagree with that sentiment. Nothing will replace an editor’s nose for news and her ability to create quality content. As with everything else in digital, she simply needs a boost to augment the creative and that’s where I see Visual Revenue coming in.

My burning question to Mr. Mortensen: can he apply his predictive technology to those of us in PR, essentially adding a bit of science to our media pitching? For example, would it be possible to pitch in a story angle to that same Computerworld editor while including potential recs on position and how the piece and placement will improve the front page, thus making the editor a star? Or am I nuts?

[Wordle art courtesy of Robert Hernandez of Online Journalism Review]

Tags: , ,

LEWIS PR offers services spanning PR and media relations, social media marketing, search engine optimization and digital content production. Find Out More About Working With Us

  • Craig Oda

    Rich, in your discussions with editors, are you hearing that they are deciding story placements based on revenue considerations such as stickiness or click-through to ads? Or, are the placements based on most interest to the target audience and uniqueness of the story? I wonder if a story about luxury resorts in the Cayman Islands is going to get higher placement than a story on budget motels near the Grand Canyon because there is more advertising potential around luxury resort stories?

  • http://twitter.com/richyoung Rich Young

    Craig,

    Great questions. Despite not having hard data, I would say the latter is more likely. I firmly believe that outlets, first and foremost, directly cater to the reader while indirectly catering to their ad base. They need that “leg to stand on” (i.e. impressive CTRs) to then take to the advertisers. Without having the relevant content, there would be no readers. And in the scenario you rightly raise, I would bet content focused on budget accommodations in Grand Caymen would be more relevant to readers in this economy!

  • http://visualrevenue.com/blog/ Dennis R. Mortensen

    >>My burning question to Mr. Mortensen: can he apply his predictive technology to those of us in PR, essentially adding a bit of science to our media pitching?

    The way in which we think about challenges like that, and the predictive science we are working on for future versions (no pun intended), revolves around the concept of us being able to predict DEMAND, and not only that, the $value of said demand.

    IF you are ever in the city, I would love to spend some time talking about our thoughts, while getting your PR industry specific inputs. Diet cokes are on me! :-)

    Cheers
    Dennis.

  • http://twitter.com/richyoung Rich Young

    Thanks for the reply, Dennis. Will definitely take you up on that offer of conversation and Diet Cokes. Will reach out when I come through the Big Apple. -Rich