Results and presentations
ReadingOlive is a one man project that was started in April 2024. The project took off on the 4 of May 2024.
Needles to say, as only one person working on the ReadingOlive in its afterhours, the resources put into ReadingOlive are limited. However, being a software engineer with managerial skills I have been successful in building the backend & frontend and every other part of ReadingOlive, as well as taking care of articles and doing marketing.
I have decided to keep a report of achievements, statistics and costs in one place for the public in the name of the spirit of Transparency and Honesty. First report will be focused on the first 30 days of ReadingOlive existence, all other reports will be on published on a quarterly basis.
Results for the first thirty days of ReadingOlive
Published 4 Jun 2024.
As the first month of ReadingOlive comes to an end, I can say that the numbers show a great success. Numbers retrieved from the first 30 day of ReadingOlive reveal that some metrics surpass some much bigger players in the field. These numbers will be used as a benchmark for other reports to come.
Results summary:
Using our primary analytics tools during the initial 30 days, ReadingOlive recorded a total of 1,020 visits from 749 unique visitors, yielding a retention rate of 36%. Analysis reveals that on average, each visitor read 3.95 pages during their time on the platform, or 2.90 pages per visit. Notably, the majority of visitors hailed from North America and Europe, with these regions comprising 9 out of the top 10 countries in terms of visitor origin.
Looking at the data provided by our CDN provider our unique visitors and pages visited numbers skyrocket with having 5340 unique visitors and 144730 page reads, I however, have a reason to believe that a part of these numbers comes from different bots and scrapers. Looking at the our secondary analytics tools this product has more than 1200 unique visitors during the first 30 days of existence, but as these numbers are not in the maximum or minimum range we will not see them in this report.
Summary disclaimer:
The main analytics tool isn't fully set up and by comparing the metrics from all tools in my disposal I am now certain there a room for improvements in the primary analytics tools. Prior to this report I have compared data from three different sources: two analytics tools and the CDN provider, however, in the report we will be mainly looking at the report with the most conservative/smallest numbers, the primary analytics tool.
I am aware it is not a standard in the industry to show most conservative metrics, I am also aware that other players in the field are using the biggest numbers they can get their hands on, only to justify their existence and over the top budgets they are awarded. But in the spirit oh honesty and fairness I have decided to take the conservative numbers. Going through this report you must keep in mind that ReadingOlive actual performance is better than what's shown here.
Metrics:
Visitor metrics:
Total Unique Visitors 749
Visits 1020
Pages visited: 2960
Visit duration: 3 minutes and 40 seconds
Three most used browsers:
Chrome 49%
iOS 22%
Samsung 10%
Three most used operating systems:
Android 56%
iOS 27%
Windows 10/11 10%
Three most used devices:
Mobile 79%
Laptop 13%
Desktop 4%
Top 10 countries:
France 22%
Sweden 15%
South Africa 11%
United Kingdom 11%
Netherlands 11%
Ireland 8%
United States 8%
Spain 5%
Germany 4%
Belgium 4%
Data from our CDN provider:
Unique Visitors 5.34k
Total Requests 144.73k
Running costs:
Costs for the first thirthy days were virtually zero. There were several one time costs that were charged in April 2024, but as those costs are recurring on a yearly basis I shall not include them in this months report.
Total Unique Visitors 749
Visits 1020
Pages visited: 2960
Visit duration: 3 minutes and 40 seconds
Three most used browsers:
Chrome 49%
iOS 22%
Samsung 10%
Three most used operating systems:
Android 56%
iOS 27%
Windows 10/11 10%
Three most used devices:
Mobile 79%
Laptop 13%
Desktop 4%
Top 10 countries:
France 22%
Sweden 15%
South Africa 11%
United Kingdom 11%
Netherlands 11%
Ireland 8%
United States 8%
Spain 5%
Germany 4%
Belgium 4%
Data from our CDN provider:
Unique Visitors 5.34k
Total Requests 144.73k
Running costs:
Costs for the first thirthy days were virtually zero. There were several one time costs that were charged in April 2024, but as those costs are recurring on a yearly basis I shall not include them in this months report.
If you're a potential investor or want to learn more about ReadingOlive, don't hesitate to reach out. Send your questions to: @readingolive.com.
Support ReadingOlive's growth by treating me to a coffee or even five! Your contribution helps keep the momentum going and ensures there's plenty of room for ReadingOlive to thrive.
Next report will be published in September 2024! Thank you for reading!