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Economist seeks to build relationships with 1m Facebook fans

The Economist has today announced that it has clocked up one million fans on Facebook.

The fans come from 180 countries, with the largest number living in the United States, followed by India, the UK, Pakistan and Canada, the Economist states in a release.

Last week Nick Blunden, global publisher, digital editions told the Guardian’s Changing Media Summit that “people want to belong and we can monetize that”.

It’s about building relationships on Facebook and monetizing outside.

On the subject of charging for access to content, he said that people will pay for the experience of “being informed”.

Today’s release states:

The Facebook community regularly discusses, debates, comments and share posts, with those regarding world leaders and international events generating the most responses. One of the most popular posts of all time focused on the Economist’s 2009 “The Man Who Screwed An Entire Country” cover and received over 130,000 likes in just a few days.

The Economist states that it “reaches over 3.5 million people through all of its social media properties, including 2.1 million individuals on Twitter and 400,000 users on Google+” and a “growing global circulation” (now 1.5 million including both print and digital), according to figures from the Audit Bureau of Circulation.

The news outlet is now asking readers how they consume the title’s content.

To mark the milestone, the publication has asked its Facebook community to tell or show how they consume Economist content. Fans have been posting their experiences and photos, which include reading indoors, outdoors, by the pool, floating in the dead sea, on tablets and even reading in diapers for one young adopter, aged 13 months.

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