What happens when the biggest threat to your publishing business is also buried inside the data you’re not looking at?
Jorge Barbosa of wecantrack, joins Lee-Ann to talk about what is actually happening to publishers right now, why most of them are flying blind without realising it, and what the ones who are thriving are doing differently. The conversation covers HCU updates, AI overviews cannibalising traffic, the overlooked relationship between affiliate managers and publishers, and why EPC broken down by traffic source might be the most important number in your business that you’re not tracking.
Most publishers know they are generating revenue. What they often cannot tell you is where it is coming from, which content is converting, which traffic sources are worth doubling down on, and which channels they are quietly undervaluing. Jorge sees this every single day in demos with publishers who come in convinced they have a handle on their numbers.
The pattern is consistent. A publisher is generating traffic across a website, YouTube channel, and Reddit. They assume the website is doing the heavy lifting. The data tells a different story. YouTube, which they had written off as a secondary channel, turns out to convert at a rate that dwarfs the organic traffic volume they have been prioritising. They had no visibility into it. Without the data, they were optimising in the wrong direction.
The other side of this is the administrative burden publishers carry when they try to patch together sub-ID tracking manually across dozens of programs. The work involved in maintaining that visibility is often enough to make people stop doing it. The result is that decisions get made on instinct instead of evidence, and in a market moving as fast as this one, that is a genuine business risk.
There is a version of this conversation that is purely about publisher tech. Jorge and Lee-Ann do not stay there. The more interesting question is what happens when affiliate managers start thinking about what publisher conversion data could do for their own budget decisions.
If you know that a publisher’s YouTube content converts at three times the rate of their organic articles, you do not need to be bidding for the top banner placement on their homepage. You want to be in the video. You want to negotiate commercially around the channel where the conversion is actually happening. That intelligence only exists if the publisher has it, and right now, most of them do not.
The argument for funding your top fifty publishers’ tracking tools is not charity. It is access. The publisher gets visibility they could not justify buying alone. You get data that tells you where in their ecosystem your money actually works. Everyone wins, and you have built a relationship that is genuinely harder for a competitor to displace.
Jorge has worked directly with publishers for five or six years and has watched the upheaval that HCU updates brought to businesses that were built entirely on organic search. Some of them lost eighty percent of their revenue almost overnight.
The ones who recovered had two things in common. They knew what was working before the drop hit, because they had data. And they acted on it quickly, moving budget into paid traffic against the content that had already proven itself by converting. That is a different decision to making a panic pivot to paid media on a hunch. One is informed. The other is expensive guesswork.
Four years on, some of those publishers are generating more total revenue than before, with eighty percent now coming from paid sources instead of organic. They still produce great content. The fundamentals did not change. What changed was their willingness to diversify their traffic sources and their ability to make that shift with real numbers behind them.
A big thank you to Jorge for being so generous with what he’s seen on the ground. If this episode has made you think differently about the data sitting inside your publishing business or program, that is worth acting on sooner rather than later. Have a look at their Affiliate Dashboard or book a demo if this episode has sparked your interest.
KonverJ works with brands and affiliate managers to build publisher relationships and program strategies that are grounded in what the data actually shows. If you want to stop guessing and start making decisions that compound, get in touch with the team here.
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