forum con - raymond lyle - developing and monetizing forums and communities

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Confidential © VigLink All Rights Reserved. Developing and monetizing forums and communities.

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Raymond Lyle has developed large and successful forums and worked both the media and advertising sides within communities. This discussion will help publishers grow and develop their communities and drive user-generated content that brings value to both users and advertisers. Ray will also share his expertise on using forums and communities to drive traffic and make sales. Raymond joined VigLink via Driving Revenue, which he co-founded served as CEO. Raymond joined VigLink via Viglink’s acquisition of Driving Revenue, which he co-founded and led as CEO. Prior to Driving Revenue, Raymond spent 5 years at Leapfrog Online (the 11th largest interactive marketing firm – Adage), where his efforts propelled them to be the 6th largest SEM firm in the country.

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Page 1: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

Confidential© VigLink All Rights Reserved.

Developing and monetizing

forums and communities.

Page 2: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

2Confidential© VigLink All Rights Reserved.

“The Web's top hangout for lonely folk” History of Forums

Forums have been around forever and

ever –

Before Chat

Before Social Media

Before Blogs

Before Twitter

Before The Dinosaurs

Earliest forums dated back to 1994 - AVS

Since 1995!2

Page 3: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

3Confidential© VigLink All Rights Reserved.

Easier Said then DoneGrowing a site from scratch

• Topic

• Pick a topic that you love/have expertise

• Friends

• Recruit all of your friends to help

• Momentum

• The hardest part is lift off!

• Content

• The most important thing forums have to

offer is content – the more the better!

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Page 4: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

4Confidential© VigLink All Rights Reserved.

Why have forums not evolved/become

mainstream?

• The overall design is still very antiquated

• Mostly started for passion and not for

business

• Not sexy

• Never covered in media/no mainstream

appeal

• Big Business not behind it

• Known as a place for us nerds to gather

• Other distractions – Facebook, twitter, blogs

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Page 5: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

5L

Confidential© VigLink All Rights Reserved.

L4P.com – Growing a site from

ScratchOur Story – A combination of Design,

Branding, Events and Brand ambassadors

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Page 6: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

6Confidential© VigLink All Rights Reserved.

Hype/Branding/L4P.com

In the hypercompetitive world of

Automotive based forums we had to come

out of the gate strong!

- we put our money and resources where

our mouth was..

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Page 7: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

7Confidential© VigLink All Rights Reserved.

Branding - Luxury4play.com

• We went out and purchased a 3 digit domain

L4P.com – almost unheard of in the forum

space

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Page 8: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

8Confidential© VigLink All Rights Reserved.

Brand recognition aka

“repping”Giving your community the sense of belonging,

exclusivity and ownership.

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Page 9: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

9Confidential© VigLink All Rights Reserved.

Repping/Branding Takes off!

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Page 10: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

10Confidential© VigLink All Rights Reserved.

Merchandise

Members started to buy any and all merchandise with

our Logo on it!

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Page 11: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

11Confidential© VigLink All Rights Reserved.

Members taking it a little too far…

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Page 12: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

12Confidential© VigLink All Rights Reserved.

EEEK!

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Page 13: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

13Confidential© VigLink All Rights Reserved.

Custom Made Avatars – huge

hit!

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Page 14: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

14Confidential© VigLink All Rights Reserved.

Events – show your face!

Started a cross country car rally – Goldrush~

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Page 15: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

15Confidential© VigLink All Rights Reserved.

Forums 2.0

• Google gets smarter – forums continue to index better• Google starts to clamp down on indexing content farms and

start to reward real content

• Much prettier• Forums are starting to look more modern

• Technologies• Dedicated advertising technologies made specifically for forum

content• TapaTalk

• Postrealease

• VigLink

• vBseo

• vBulletin

• Taken more seriously – IB, VS, CG

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Page 16: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

16Confidential© VigLink All Rights Reserved.

Making money with your

forum• Most common issues on existing forums

- People expect it for free???

• Ease in to monetizing your forum

• Least aggressive –> Most aggressive

• Get the support of your inner team,

then your community

• Explain the costs and reasoning

• Give back – events, giveaways,

donations16

Page 17: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

17Confidential© VigLink All Rights Reserved.

Getting the last drip of Juice from your

Orange• AdSense• The main staple of making money online with any website

• Sponsorships• The original way for forums to survive

• Are you selling your yearly space too cheap?

• Can you sell on a CPM?

• Increase price every year/with increased traffic

• Don’t give the farm away for free!

• New technologies – try them out – they work• Postrelease

• Viglink

• In text player –Konetra, Vibrant

• Data reselling• Rapleaf, Chango, Blue Kai

• Tapatalk

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Page 18: Forum Con - Raymond Lyle - Developing and Monetizing Forums and Communities

Confidential© VigLink All Rights Reserved.

Thank You!

Any questions, comments

[email protected]