Thursday, November 26, 2009

How to get more referrals + EntreCard's new inflation!

I wanted to write some more tips how to get referrals and about EntreCards new fight against their EC inflation.

I guess, it's just time to write a short summary of both topics now before i will go on holidays (this post was pre-written on 19th November).

Getting more referrals for your programs:

There are a lot of programs in the internet and offline which allow you to earn additional income by referring other members to these programs.

The best way to get referrals is
  • write honest reviews about the programs
  • show the advantages and disadvantages of the programs
  • in case you get incentives, you could give a partial kickback to your referral
  • show off your payment proofs
More about this points will follow after the holidays (on the weekend).

EntreCard's fight against the inflation!

I hope everybody reads the blog in EntreCard and buzz's on the Dashboard :) Then you know that you can "earn" a lot of ECs by referring new ACTIVE members to EntreCard.

Now it's 800 ECs that you can get instead of the previous 300 and on TOP the new referral will get 200 EC as starting capital, so that they can see immediately the effect of advertising.

Will there be a great impact by advertising with just 200 EC?

In case you use it for the 2 EC-Blogs, the new referrals might get disappointed, if they use it for 32 - 128 EC-Blogs it will look much brighter but then the ECs are already used and they have to be really active, so that YOU get your 800 EC :)

Now, with 200 new ECs in the system (virtual money from hot air!), EntreCard is driving itself more and more into the inflation and ad price bubble. By giving away 800 EC to the old members it seems that they are really in need of new MEMBERS, MEMBERS and again MEMBERS. I mean not really members... as we are their AD INVENTORY.

The real purpose of this new EC inflation!

It's not about the benefits of the new members (as they have to work to earn new ECs each day). It's really just about getting more ad space for their own survival. The same is valid for their 50% discount on buying ECs. They make this offer just because they need money, yes!

But on the other side, they wanted to get rid of ECs in the system by giving less ECs to the users (remember the only 1 EC-policy for the dropper which started on 1st September). Sure, if you give less it's more likely that someone will BUY ECs.
I wonder if really someone did buy (i read from two or three persons that they did as they re-joined EntreCard in the past) for a price which is not really valuable for the return you get.

Quick calculation:

Buy 4.000 EC for 12 $

my average ad price 1.024 EC (max click one advertiser got once: 90, if it went bad: 20 clicks)

3$ for one day exposure x 30 days = 90 $, i guess for a one month ad on this blog i charge 20$

A NO-GO for serious advertisers!

There are cheaper methods to buy ad space on my blog.

Look on my sidebar, there is LinkShowOff for 2$ (Eli's Businessphere link is there since July, if someone else buy now, he would drop out of the list as he is the fifth one... so the 2 $-investment would be good for 5 - 6 months).

Or use CMF-Ads for at the moment 0.33 $ for 30 days (but you share it with around 20 other advertisers), in December the price will go back to 0.60 $ (which means more exposure for the advertisers, as there will be less who want to pay this price).

Tomorrow a new article will follow about the way the new sponsored ads in EntreCard are working and if they are worth their money!
Reblog this post [with Zemanta]

No comments:

Post a Comment

Blog Widget by LinkWithin