The Wall Street Journal
(“WSJ”) stopped participating in the “First Click Free” program which allowed
Google visitors to bypass its paywall in February 2017. As a result, WSJ’s Google traffic dropped by
44%. However, the paid subscription
conversions increased fourfold. The
article claimed that WSJ was surprised at the drop in Google traffic and believed
they were being discriminated against as a paid news site since they do not get
the visibility in search that a free site would get.
It is strange that WSJ was “surprised” at the drop. When publishers are not in the program,
Google cannot fully index their articles which results in less visibility (i.e.,
less likely to appear for a wider range of topics). So when WSJ pulled from the program, it
should have known Google traffic would decline.
Publishers need to think about the tradeoffs when deciding to
participate in the “First Click Free” program.
They must determine if the traffic
and related ad revenue offsets potential lost subscription revenue. It
was most likely a strategic move by WSJ to pull and they probably believed losing
that traffic and the potential ad revenue would be offset or exceeded by
subscription revenue. It would be
interesting to see if the Google traffic dropped resulted in less
revenues. If not, WSJ is ahead in terms
of its topline revenues with the additional subscription revenues.
http://searchengineland.com/wsj-google-traffic-down-276387
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