Let's discuss what has happened during the last week in Adgitize.
At first i want to thank the members of Adgitize who voted in the Earnings and in the Ad renewal poll! After 41 votes for "Will you renew your Adgitize ad?" the majority seems to be not sure or doesn't want to renew their ad!
The same poll will be online now but i think your votes may change throughout this week until next Tuesday, 17th November!
Adgitize earnings aren't rising like what members had expected!
Like predicted the earnings "disappointed" a lot of Adgitize members as they didn't raise at all in the first days. It seems difficult for the members who bought in the first days of November an ad for 24$ to earn this money back. It's just because of the members (including me) who bought a Last-Minute ad in the end of October! One more week and we will have around 40% bought ads with the new ad price of 24$!
But it's not yet the end of the month and like Ken Brown wrote in a comment to my last blog post, there are still members renewing their ads - just not the usual average of 7 members/day.
Until 5th of November 24 members bought an ad for the new price by calculating this until the end of November we could reach around 150 advertisers (which would be less than the 180 advertiser we had on 28th September 2009 when the earnings prediction was made for the new earnings!).
What else will happen when we have only 150 advertisers?
There will be again a much better value for buying an ad! Why? Because you will receive more clicks than at the moment. I recognized this as the advertisers dropped from 216 (31st October) to 201 (on 10th November).
With just 150 advertisers the clicks should be more steady above the 80 visitors-Level because the other 50 previous advertisers have to visit 50 more blogs daily to get the whole 100 click points and new publisher will join Adgitize, too.
If we just reach 150 advertiser by end of November the predicted earnings should be lower by 15-25%. In this case it would be only possible to break even when you reach around 400 points on average.
At the moment only 120 - 130 advertiser reach on average 300 points daily when we look in the Adgitize Leaderboard.
If we loose 50 advertiser there will be again less members who can reach daily 300 points -to reach the 300 points you need to click 100 ads/publish one article daily and get up to 60 ad view/40 page view points or additional Preferred publisher points - 10 (free option) or 25 points (paid option from 6$/month).
To show you the difference we take the numbers von Ken's example in the Adgitize blog
Old earnings (similar to first week in November 2009)
290 points - 22 cents (if you reach this daily, you get payout only every two month!)
300 points - 44 cents (if you reach this daily, you get around 12$ payout monthly)
New earnings (my prediction with 150 advertisers from December on)
290 points - 29 cents (payout again every two month)
300 points - 60 cents (wow, your payout could reach 18$ monthly)
In the end this could lead to higher earnings for all advertisers who click, publish daily and receive additional traffic from EntreCard and other blog networks/search engines and reach more than 400 points.
Why- because these members who dropped now below 300 points earn 22 - 50 cents less each day and the earnings calculation is usually better for members who get more than 300/400 points daily!
There is also another possibility!
Why should you advertise when you could reach 18$ monthly without advertising but just 300 points?
With advertisement costs of 24$ and earnings of around 0.75 - 1.05 $ (for 360 - 500 points, my prediction with 150 advertisers), you would probably just break-even or make a small gain of some cents up to 9 $/month.
The first advantage is clear by advertising, you will get new visitors daily to your blog, new followers (since April 2009 i got now 101 new followers from EntreCard + Adgitize) and comments... i guess around 80 visitors depending on your blog's content and ad picture, ad placement and if you are an EntreCard member who drops back!
The second advantage is that you don't have the trouble of clicking 100 ads but just 50 ads which save you daily up to 30 minutes time. Time which you can invest in writing better and more frequently blog posts :)
How much did you earn over the last week?
You can see my earnings/advertisers statistic each day in the previous Adgitize blog post. Up to 8th November i could accumulate 5.83$. What about you?