Gathering a Critical Mass of Members to a Forum

To engineer a successful forum, there are three key questions an administrator needs to ask before building the forum.

Goal #1. How will you gather a critical mass of members
Goal #2. What will compel members to provide content
Goal #3. How will the forum survive pass the first year
In this article we cover goal #1 – how to gather a critical mass of members.
Be niche

Your forum has to build a name for itself as the authority on a subject. All successful forums have something that sets them apart from the rest. For example, it could be the unique content of the site, an under-served niche demographic they target, or the personality of the site administrator.

If you’re creating a forum, ask yourself, “What will people get out of my forum that they can’t already get somewhere else?”

All successful forums have a purpose. They exist for a specific reason, to accomplish something. To connect people with common interests, or to facilitate conversation on issues related to the site.

One major reason many new forums fail is because there are too many forums on the same topic! Forums will not be successful if their sole purpose is building traffic for the main website.

Choice of forum software

Getting this right is critical. There is a high probability the existing forum posts will be lost by switching to different software later.

Consider search engine optimisation first. Since 85%+ of new traffic to your website will come from the search engines, having your discussion forum posts found by the search engines is essential.

Before you choose a discussion forum software package, make sure that all the posts within the forum can be found and ranked by the search engines. Most discussion forum software hide messages posts in such a way that they simply cannot be crawled by the search engines.

One way to find out if message posts within a specific forum software package are search engine optimised, is to visit a site using that software, copy a recent forum headline and paste it into Google and do a search (surround the search headline with quotes so Google knows exactly what to look for).

If the message headline comes up within the first 50 pages found by Google, you know the forum has been optimally indexed. If the headline doesn’t show, you might want to look for a different forum software package.

Most of the major forum scripts are geared for SEO, but there are ways to improve results further by adding search engine friendly URLs, or in the case of vBulletin, adding vBSEO (a full suite of SEO enhancements).

Dynamic URLs, session ids, etc. used by most forum software can be very detrimental to the forum health from search engine point of view.

Take care when choosing the type of forum and forum script or software that will be used. The forum should be easy to find and easy to use. Some forum scripts and software come with compulsory ads served from the parent company, and lead to a poor user experience.

Focus content and discussion

Users will sign up and post on your board if they find the existing content interesting, and consider it worthwhile to participate. Establish several interesting categories within your forum, without going overboard.

When launching the site you will not have many members, so keep the content focused on a few discussions only to avoid empty rooms. It is far better to have 4 active sections than 15 empty ones.

Don’t be afraid to lump similar topics together. Once a forum grows to a size where threads are pushed to page 2 and 3, then consider splitting a forum into two smaller ones.

Do not have too many off-topic discussion areas. Instead create one or two introductory discussions, where new users can post about themselves and existing users can welcome them.

Know that before making the forum public, it is a good idea to create maybe two or three threads in each forum area, so visitors will have somewhere to post. Many new forum users are too shy to post new threads on their own.

Function over form

Users care more about the content and community than the design. Image heavy sites have a high first impression, but subsequent low usability. Image rich sites take longer for each member to read threads, make a new post, move between forums etc. If the page refresh is slow, users post less and are less inclined to return. Google and Yahoo are not particularly attractive, but very successful search engines which observed the law of efficient page refresh.

Design should not be the focus, instead improve the user experience with clear and easy to use navigation, few fancy buttons and images and making sure everyone understands the functions of the site. There is no substitute for good form design, consistent branding, clear and readable type and ample white space.

Use hacks, add-ons and features sparingly

Many forum scripts have hundreds of freely available add-ons, for example, vBulletin, including social networking add-ons, live chat, shops and arcades.

The trick here is to employ fewer features, but do them well. Avoid making the mistake of adding so many features they become a visual barrier to new users, or slow existing users’ posting. Add too many features too quickly and you do not allow enough time to measure them, or allow your users to adopt them.

A simple, clean layout with features that promote registration, referral and posting are all that is required.

Super easy registration

Almost all forums have some barrier to entry, to screen out trolling and spam. However, a common mistake among forum administrators is making registration complex.

For example, some forums make you agree to rules, answer security questions, validate your identity via email and await moderator approval. While these measures counter spam, if your signup process is long and tedious, many users will give up. Try to achieve a good balance between security and ease of use.

Apart from making registration hassle-free, offer registrants some kind of benefit to join other than permission to post. These could be freebies or downloads.

Set your barriers to entry to be either large or small. Large will net you fewer members, but quality; small will gain you more users but of mixed quality.

Member referral schemes

Many forums fail due to a lack of publicity. Tell your friends to join, and if they find it interesting, they will tell their friends, who will in turn tell their friends etc. This can tie in very well with a referral scheme, whereby users are rewarded for referring other users to the board. Word-of-mouth advertising, in tandem with other forms of advertising e.g. SEO optimization, Google Ads, link trading with other forums, can result in a powerful combination which will draw more and more users to your forums.

Seeding links in other forums

Get people aware about your forum/site for free, simply by joining other forums and having your link in your forum/profile signature. Emailing sites such requests can attract negative publicity, as recipients may perceive you to desperate spammer.

The best technique is to join another forum. Have a link to your site in your signature, and try to make 10 or so posts each week. If you get a great reputation on the forum, people will check out your link. If you are a credible, it is likely people in those forums will join yours.

Useful forum articles

Forum design
Building content
Long term survival
Anthony Coundouris is a director and digital consultant for the digital marketing agency Firestarter.

Sources of Business Finance

Sources of business finance can be studied under the following heads:

(1) Short Term Finance:

Short-term finance is needed to fulfill the current needs of business. The current needs may include payment of taxes, salaries or wages, repair expenses, payment to creditor etc. The need for short term finance arises because sales revenues and purchase payments are not perfectly same at all the time. Sometimes sales can be low as compared to purchases. Further sales may be on credit while purchases are on cash. So short term finance is needed to match these disequilibrium.

Sources of short term finance are as follows:

(i) Bank Overdraft: Bank overdraft is very widely used source of business finance. Under this client can draw certain sum of money over and above his original account balance. Thus it is easier for the businessman to meet short term unexpected expenses.

(ii) Bill Discounting: Bills of exchange can be discounted at the banks. This provides cash to the holder of the bill which can be used to finance immediate needs.

(iii) Advances from Customers: Advances are primarily demanded and received for the confirmation of orders However, these are also used as source of financing the operations necessary to execute the job order.

(iv) Installment Purchases: Purchasing on installment gives more time to make payments. The deferred payments are used as a source of financing small expenses which are to be paid immediately.

(v) Bill of Lading: Bill of lading and other export and import documents are used as a guarantee to take loan from banks and that loan amount can be used as finance for a short time period.

(vi) Financial Institutions: Different financial institutions also help businessmen to get out of financial difficulties by providing short-term loans. Certain co-operative societies can arrange short term financial assistance for businessmen.

(vii) Trade Credit: It is the usual practice of the businessmen to buy raw material, store and spares on credit. Such transactions result in increasing accounts payable of the business which are to be paid after a certain time period. Goods are sold on cash and payment is made after 30, 60, or 90 days. This allows some freedom to businessmen in meeting financial difficulties.

(2) Medium Term Finance:

This finance is required to meet the medium term (1-5 years) requirements of the business. Such finances are basically required for the balancing, modernization and replacement of machinery and plant. These are also needed for re-engineering of the organization. They aid the management in completing medium term capital projects within planned time. Following are the sources of medium term finance:

(i) Commercial Banks: Commercial banks are the major source of medium term finance. They provide loans for different time-period against appropriate securities. At the termination of terms the loan can be re-negotiated, if required.

(ii) Hire Purchase: Hire purchase means buying on installments. It allows the business house to have the required goods with payments to be made in future in agreed installment. Needless to say that some interest is always charged on outstanding amount.

(iii) Financial Institutions: Several financial institutions such as SME Bank, Industrial Development Bank, etc., also provide medium and long-term finances. Besides providing finance they also provide technical and managerial assistance on different matters.

(iv) Debentures and TFCs: Debentures and TFCs (Terms Finance Certificates) are also used as a source of medium term finances. Debentures is an acknowledgement of loan from the company. It can be of any duration as agreed among the parties. The debenture holder enjoys return at a fixed rate of interest. Under Islamic mode of financing debentures has been replaced by TFCs.

(v) Insurance Companies: Insurance companies have a large pool of funds contributed by their policy holders. Insurance companies grant loans and make investments out of this pool. Such loans are the source of medium term financing for various businesses.

(3) Long Term Finance:

Long term finances are those that are required on permanent basis or for more than five years tenure. They are basically desired to meet structural changes in business or for heavy modernization expenses. These are also needed to initiate a new business plan or for a long term developmental projects. Following are its sources:

(i) Equity Shares: This method is most widely used all over the world to raise long term finance. Equity shares are subscribed by public to generate the capital base of a large scale business. The equity share holders shares the profit and loss of the business. This method is safe and secured, in a sense that amount once received is only paid back at the time of wounding up of the company.

(ii) Retained Earnings: Retained earnings are the reserves which are generated from the excess profits. In times of need they can be used to finance the business project. This is also called ploughing back of profits.

(iii) Leasing: Leasing is also a source of long term finance. With the help of leasing, new equipment can be acquired without any heavy outflow of cash.

(iv) Financial Institutions: Different financial institutions such as former PICIC also provide long term loans to business houses.

(v) Debentures: Debentures and Participation Term Certificates are also used as a source of long term financing.

Conclusion:

These are various sources of finance. In fact there is no hard and fast rule to differentiate among short and medium term sources or medium and long term sources. A source for example commercial bank can provide both a short term or a long term loan according to the needs of client. However, all these sources are frequently used in the modern business world for raising finances.

Effective Online Forum Usage

What information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.
- Herbert Simon

Online forums, message boards, and newsgroups are now ubiquitous. These powerful communication tools offer many strong benefits. However, forum participation can also become a destructive addiction, where the benefits are overshadowed by negative side effects.

Here are some potential benefits of regular online forum participation:

* Intellectual exchange

* Learning new ideas and refining old ones

* Enjoying community membership

* Influencing the forum’s evolution

* Contributing to others

* Making new friends and contacts

* New business leads

* Keeping up with current events

* Learning about new opportunities

Here are some potential negative effects of excessive forum usage:

* Reduced concentration and focus

* Reduced productivity

* Chronic procrastination

* Increased pessimism and/or apathy

* Being distracted by endless debates and idle gossip

* Gradually substituting tribal group think for your own intelligence

* Impaired social skills, neglected relationships, and a weakened social circle (a consequence of substituting online socialization for face-to-face conversations)

* Reduced energy (forum participation is sedentary compared to more active social outlets)

* Reduced self-esteem

* Career and income may suffer (including loss of employment)

* Forum addiction

Since the early 1990s, I’ve participated in many different online forums, message boards, and newsgroups and have experienced many of these positive and negative effects at various times. I ran a popular game developer forum for almost two years, so I’ve had experience both as a participant and a forum operator. On the positive side, I’ve learned many great ideas, made valuable new business contacts, and even met my wife on a local computer bulletin board system. On the negative side, I found excess participation to be a huge time drain (and very addicting as well).

Here are some suggestions for using forums effectively and avoiding the negative side effects:

1. Take a Forum Fast

First, if you’re currently active in any forums, go on a forum fast. Stop visiting all forums for a while; don’t even lurk. I recommend a fasting period of 30 days, with a bare minimum of 14 days. This will help you break any unconscious habits and regain your perspective, so you can intelligently evaluate the role forums should play in your life. Otherwise, you may be coming from a place of unconscious habit and will likely overestimate the value of continued participation. If you’re currently a forum moderator, take a forum vacation, and enlist someone to temporarily assume your moderation duties. Redirect the time you would have spent in online forums to something positive like exercising or reading books. If you don’t think you have the discipline to do this, simply make a post in each forum explaining that you’ll be taking the next 30 days off, and if any forum member catches you online, you’ll pay the first person that emails you about it $100. This should give you enough leverage to stick with your fast.

2. Reassess Your Forum Usage Habits

Once you’ve completed the initial fasting period (and not before), take a fresh look at your forum participation habits. Imagine that you just discovered each forum today for the first time. What are the pros and cons of participation? Is this the best use of your time, or can you imagine something better? If you’re using forums to get specific information, would it be better to simply read books, articles, or blogs? If you’re using them as a social outlet, would it be better to join a local club and meet people face-to-face? Looking back on your previous pattern of behavior, would you say you were addicted? Did your usage pattern become unconscious? If so, how do you intend to prevent that from happening again?

3. Clarify Your Expectations

If you decide to participate in online forums, clarify your expectations. Whether you intend to use forums for market research, to make new contacts, or as an outlet for your humorous wit, get clear on why you’re there.

4. Establish Reasonable Boundaries

To limit the risk of forum addiction, set clear boundaries for yourself and write them down. You can limit the number of times per week you check each forum, the total amount of time you spend participating, or the number of posts you’ll allow yourself to make each week. Track your weekly usage on a scrap of paper to keep yourself consciously aware of your participation habits. Don’t go dark and succumb to unconscious habituation. Establish clear boundaries such that if you cross them, you know you’re at risk of falling into a pattern of addiction. And if that ever happens, it’s time to immediately begin a new fasting period.

5. Let It Go

If you find yourself repeatedly succumbing to forum addiction or other negative usage patterns, you may decide it’s best to simply do without. At the time of this writing, I no longer regularly participate in any online forums or message boards. When I clarified my intentions, I realized my #1 reason for participation was to contribute and to help people. But using forums as a contribution outlet was inefficient, since it would too often lead to lengthy (and mostly unproductive) debates. I found that sticking with one-to-many outlets like writing articles and maintaining a blog were a much better use of my time. Blog comments still allow some interactivity, but the time required to manage them is reasonable and the personal relevance of most blog comments is extremely high.

6. Replace Online Socialization With Face-to-Face Contact

Regarding the social aspect, online forums are a poor substitute for meeting people in person. While there’s certainly some social benefit to forums – many people have met their spouses in online forums, including me – it’s important to physically spend time with human beings instead of via a computer screen. If you need a new social outlet, join a local club or association, especially one that meets weekly. I found that when I joined Toastmasters International and began attending meetings and competing in speech contests, my interest in socializing via online forums fell dramatically. Even the best online communication pales in comparison to face-to-face, belly-to-belly contact.

7. Be a Dabbler, Not a Fixture

Another tip is to treat forum participation as temporary. If your goal is to make new business contacts, then dive in and participate actively for a while, maybe 30-90 days. Make new friends and contacts, collect private contact info, and then abandon the forums. Continue to develop your new relationships via one-to-one communication like email, phone calls, and if possible, face-to-face meetings (such as at industry conferences). Temporarily dabbling in many different forums is a more effective way to build contacts than pushing a single forum far beyond its usefulness.

You can also use the dabbling method to gather general information on a subject. Seek out a number of relevant forums and bookmark them. Then spend a few hours scanning each forum once every six months to soak up the current wisdom. Whenever you have a specific question, pop in and search the forum archives. If searching turns up a blank, feel free to post a new message, harvest the answers, and disappear.

8. Avoid Addiction

Online forums are tricky beasts. At the time of this writing, my feeling is that ongoing daily participation in any single forum for more than a few months is almost invariably unproductive. Eventually the initial benefits like gaining knowledge and making new contacts produce diminishing returns. And then the negative effects like forum addiction set in. Regular participation (even from unconscious habituation) will still provide some benefits, but the longer you participate, the less efficiently those benefits are realized.

Close cousins of forum addiction include online gaming addiction, web surfing addiction, blog addiction, email addiction, and news addiction. The common pattern is that unconscious habituation overrides conscious, clear-headed decision-making. If you ever find yourself with such an unproductive habit, take steps to reassert conscious control. Use a period of fasting to regain your perspective, reexamine your motives, set clear boundaries, and find alternative outlets. Manage your forum usage consciously to serve your goals, and avoid the trap of addiction.