Econsultancy – profits up and membership hits 100,000

Econsultancy, the community website for digital marketing and e-commerce professionals has reached the major milestone of 100,000 members globally. Earlier this month Meera Shah, Director at Red Apple Delivery became the 100,000th person to sign up.

The membership milestone has been achieved eight years after Econsultancy first launched its paid-for subscription model, and follows on from a period of international expansion to the US, Middle East and Far East.

Econsultancy CEO Ashley Friedlein says: “We’re all thrilled to have surpassed the 100,000-member mark. We’ve always believed in our professional community-focused business model and, in an era where many publishers are scrabbling to find a monetization model that works, it’s exciting to be growing so fast, particularly in the US, Middle East and Far East. We believe the internet is opening up huge opportunities internationally for UK businesses like ours: the growth in elearning and web-delivered professional qualifications alone is immense.”

The business is also growing financially. PaidContent reported today that Econsultancy’s profits for the current year are expected to be up by 50% to £1.5 million and revenues up by around £1 million to close to £6 million.

Read the full story on Econsultancy’s website – here

UK, London

 

 

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