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Bill Rice, Jr.'s avatar

I've been monitoring Robert Reich's subscriber growth since January 7 (through yesterday).

In those 24 days, Reich's total subscriber numbers increased from 517,900+ to 642,900+ - an increase of 125,000 subscribers in 24 days. Reich is averaging adding 5,208 subscribers every day.

I've been doing the same analysis with new Substack author Paul Krugman.

On January 23rd, Kruguman wrote that he had "just passed 119,000 subscribers."

Yesterday, Krugman had 156,900+ subscribers - an increase of approximately 38,000 subscribers in eight days. Krugman is adding 4,738 subscribers every day.

Again, for context, I've been adding 4 to 5 subscribers per day.

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Bill Rice, Jr.'s avatar

Cutting-room floor text that I think is telling or illustrates today's point:

In late March 2022 - when I had been publishing this newsletter for six months, I already had 3,155 subscribers.

I averaged the number of "page views" four columns generated around March 24, 2022. Those articles averaged 3,358 "page views."

Thus, my articles were being READ by more people than I had as subscribers.

Today, 22 months later, I now have about 7,100 subscribers. However, my last four articles generated only 4,360 page views.

My "read percentage" as a fraction of my total subscribers is now 61.4 percent ... where it used to be a positive ratio of about 1.1.

My subscriber numbers are still going up (albeit at a rate that's dramatically slower) ... but my more-important "read numbers" are declining at much greater rate.

I added 4,000 subscribers in approximately two years but only increased my number of story reads by about 1,000 ... which is odd to me.

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