Entrecard Ad Network payout: 75% to members
Written on April 7th, 2009 by Graham
One misconception going around out there is that the members aren’t seeing any of the money that comes in from the paid ads we’re running. The fact of the matter is that 75% of all the revenue we’re generating from the paid ads is going to the members.
I need to explain how this works though, because we’re not issuing payouts in the normal, traditional, inside-the-box way that other ad networks pay you out. Entrecard is too out-of-the-box and too unique to do that. Our payout method is much more controversial, but one that we see far superior for a number of reasons that I’ll explain.
Although we are not paying you based on clicks and impressions generated from your ad spot, we are nonetheless giving you, the members, a 75% cut of all the revenue generated from all the ads. We’ve simply chosen to do this by allowing you to cash your credits in for dollars. So, to clarify, we are taking 75% of the money we’re earning by selling your advertising and using it to pay you for your credits. Either way 75% of the money we’re making is ending up back in the hands of the users… but how much of it will end up in your hands is determined by how you participate in our economy. What we’re dealing with is a system that values selling products and services more than the clicks and impressions an ad on your site generates.
Now in order to fully understand and appreciate why we have made the more controversial choice of offering a credit cashout service with this money, instead of paying you for clicks or impressions (which we could do just as easily, and at the same cost to us), we must explore the concept of an economy, and develop a healthy respect and appreciation for it.
When you participate in Entrecard, you are participating in a virtual economy. As you know, we have our virtual currency, entrecard credits. And as participants in the economy, we all contribute one chief product: 125×125 advertising. But you can also go a step further and sell products and services in our market. You can earn credits by dropping and publishing on your blog, which is quick and easy and over time can build you some serious credits.
So there are a variety of jobs you can do and small businesses you can start on entrecard. And there is a variety of things you can spend your money on, from advertising to graphic design, to wordpress plugins and elvis stamps.
The problem is, the entrecard economy, as a rich and vibrant place to earn and spend, isn’t reaching it’s potential yet. Far from it, in fact. For example, a lot of people have held off selling quality products and services in the market because there is no way to get actual money from their sales. This makes us sad because we’d like to see lots of people offer continually impressive and surprising products and services in the shop. But this won’t happen until merchants in the market earning entrecard credits can convert the credits they earn from their sales into cash. By providing a credit cashout, we remove the main barrier to all sorts of products and services floding into the market.
A healthy economy
An expanding catalog of products and services available in the market is not the only benefit that Entrecarders will realize by making the collective decision to make credits liquid (aka letting us sell ad space on your widget). You will also see advertising prices go down, which will get you more bang for your entrecard credits.
And even still, there is a much bigger, better reason why investing your money into the credit market is the best choice in terms of payments to you, the members. In the year and seven months since we’ve been operating, our economy has experienced runaway inflation. We started with no credits in the economy, and ballooned to the tens of millions of credits which are currently in the economy.
Now what we’re going to do with credits we cash out is to actually delete them from the system. So for example, if we buy back a million credits a day (just throwing that out there -there is nothing to suggest that’s how many credits we’ll actually buy on a given day) over the course of one month, there will be 30 million less credits in the economy.
So, while you can think of this whole new initiative in many ways including a 75% revenue share with members, a method to decrease ad prices, a way to bolster offerings in the market, a way to monetize your entrecard traffic, a way to prevent inflation and actually spur deflation, etc. you only really need to think of it in one way:
You are investing in the Entrecard economy.
By approving these ads, and participating in a system that takes the revenue generated and strengthens the system as a whole, you are casting your economy vote and say yes, I want the Entrecard economy as a whole to grow and strengthen. There is no single more powerful way to strengthen the entrecard economy than to make credits exchangeable for real dollars, and I can’t tell you how excited I am to be moving in this direction.
By pooling all the ad revenue together to do something bigger like providing a cashout exchange that all members can use, I promise you that you will start to see terrific things happen with the Entrecard economy. Amazing things, groundbreaking things being done no where else on the internet. But first we need to provide the liquidity… First we need to incentivize the earning of credits properly.
We thank you for trying your best to understand and support our mission to create a healthy virtual economy for bloggers.
April 7th, 2009 at 2:17 am
People just really don’t like to read details,, they usually bang on instant result.. that is why many failed as a blogger..
in terms of this healthy economy.. let us say the new system was successful after a month, people participate and credits would be lessen, how much would EC credit cash out be worth?
can it be as much as $5 per 1000 EC??
would you also be allowing again the trade of members for EC for cash as well??
April 7th, 2009 at 2:19 am
These questions fascinate me, and in truth, there is no way of knowing.
For speculative purposes, if we could remove 30 million credits from the economy, retail value of credits could raise to $15 per thousand and resale value perhaps as high as 7.50 – $8 per thousand… which was the market rate in the beggining when our economy was at about that level.
April 7th, 2009 at 2:22 am
I’m also wondering what the payment amount will be, this will be very interesting indeed.
April 7th, 2009 at 2:33 am
Graham,
Thanks for the lengthy explanation, now I understand what we’re approving the paid ads for. To be frank, I can’t see the purpose of advertising using ECs since most of free ads are eclipsed by the paid ads. Nevertheless, I’m sticking with Entrecard since I get alot of newcomers with this, hence more blog exposure.
Do you have an estimated date or month for Entrecard to be launching the credit cashout service?
April 7th, 2009 at 2:49 am
We have set an internal target to launch the cash out system this weekend.
April 7th, 2009 at 3:22 am
very interesting…
April 7th, 2009 at 3:23 am
mm ok then I will be waiting then..since I have approved all paid ads except one revenrend ..
April 7th, 2009 at 3:33 am
I am wondering why people will pay to advertise on my EC widget, but not use EC credits. I have a ton of paid spots waiting, and I cannot help but wonder what that will do for my EC credit purchased ads. This is the part that concerns me most. What I liked about the EC widget is that there was no money involved. I am not using my blog to make money, therefor it was nice to have a medium for exposure that didn’t involve money.
April 7th, 2009 at 3:56 am
I’m looking forward to the launch.
April 7th, 2009 at 4:03 am
wonderful idea to payout of 75%. i am trying to approve paid ads as much as possible to support entrecard. Waiting for the pay-day!!
April 7th, 2009 at 4:34 am
Just like to say a big thank you to Graham and all the team for these exciting developments at EC. Looking forward to the cashout launch. As an artist, struggling to make a living, any chance to earn some extra money is most welcome.
April 7th, 2009 at 4:52 am
all of a sudden I’m excited using entrecard
April 7th, 2009 at 5:02 am
I’m just waiting the results
April 7th, 2009 at 5:43 am
This weekend!. Well, I might just live to see this work. I haven’t seen a single werewolf add yet. That makes me very happy indeed. And werewolves haven’t even been knocking at my door. Entrecard is doing a great job. They just better keep that Maydoff guy away from a computer!
April 7th, 2009 at 5:45 am
I’m still confused of this paid ads advert, it was flooded in my inbox for that approval for paid ads and no one requesting for advert only.Makes me smile all the time during my blog hopping then ask myself “Am I that popular?” hehehe. some logo’s requesting for approval are new to my eyesight..
Imagine I approve 60+ in my one blog plus the other blog…hehehe.
I dont know what’s next but am lil bit worried , I dont want to offend somebody by rejecting thier request..
I’m still waiting for the next results…
April 7th, 2009 at 5:55 am
pure jibberish, go ahead with the proposed buy back and see what hapens you can count the days on one hand it will last.
telling people we all live in fairy land and we are now using real money to buy fairy bread and twinkles is not going to work
the whole concept of inflation is dispelled where no one now is getting ads placed, there simply is no infaltion
the buy back of ec is fraught with the black market and shady deals, your own site tells people that clicks / drops should not be taken to heart as they can be falcified.
wake up, fairy land finished the minute the first paid ad rolled out the door, the money needs to be paid 100% to the publisher who displays the ad.
April 7th, 2009 at 5:57 am
I just cancelled paid ads of 30 and more bloggers to be fair to non paid advertisers.
I guess i would accept paid ads once EC admin will add another EC widget slot to our sidebar – slot solely for paid EC ads.
I just purchased ad slots worth 2000 just awhile back and i still hope more bloggers will come by my site for free ads.
April 7th, 2009 at 6:11 am
I hope this policy base on the win win solution in order to the revenue sharing and sustainability EC program.
April 7th, 2009 at 6:27 am
Hi
Members just seem to find it really unfair that they are not getting anything at all for having the paid adverts on their widgets. Especially since there has been such a rush of paid adverts the business of approving or rejecting them has been taking up a lot of time which currently isn’t being rewarded at all. It isn’t really acceptable for members to allow paid adverts on their widgets for nothing and it feels unfair.
Also you said you would not penalise those who refuse to accept paid ads but now they are saying they are being knocked of the top of the Popular blogs board even though they spent hours and hours working to get to that position.
Another issue is members resent the paid adverts immediately jumping ahead of the queue of those bought from credits which have taken people hours of dropping on blogs to earn.
And finally there has been a big drop in the number of adverts for credits being applied for so people are finding their advert prices dropping down a lot.
Those are the issues I have seen being raised on the blogs and in the forum and there seems to be a lot of resentment which Entrecard can’t ignore if you want to keep the goodwill of the members.
Personally I have carried on dropping the same, carried on advertsing with credits the same,accepted quite a few but not all of the new paid ads and have even bought $10 paid adverts to show some support. It is early days and I hope things will work out but I do think members need some reward for accepting paid adverts.
Have a good day.
Jill
April 7th, 2009 at 6:40 am
Everything is fine. just couple of points i would like to mentions here. 1.There must be some way/method to differentiate between blogs who accept paid ads and those who dont.
2.Regarding cash out facility- preference/priority should be given to those who have accepted more paid ads than the rest of them.
April 7th, 2009 at 7:00 am
That does clear it up better, I hope it will work ok
April 7th, 2009 at 7:32 am
This makes alot of sense to me, and also adds to the morale of the entire community.
I’m glad this is going into play this weekend and look foward to future updates on this matter.
April 7th, 2009 at 7:39 am
@Arlene that is a wonderful idea. One EC widget for ads using credits and a separate EC widget for paid ads!
April 7th, 2009 at 7:47 am
Pete…
Paying 100% to publishers – are you serious, of course not. Do you think Entrecard servers and hosting time just dropped down from fairy land. These operations cost real money out of a real person’s pocket in hopes that one day he will own a thriving, sustainable marketplace. Your comments are asinine.
I look forward to where this new direction might lead. Thanks for having the courage to implement something that was bound to be controversial.
April 7th, 2009 at 7:53 am
seems really confusing! Also had tech problems again the other day..and couldn’t even log into Entrecard! Many ads I reject as they don’t pertain to blogs but one ‘mixed bag’ blog, i accept alot of ads on. I hope I benefit from it soon. Noone has bought anything from my ‘marketplace’ ads and my earrings are made of sterling silver and gemstones! Let me tell you the price of sterling silver and coral is not decreasing. How sad. I did buy some art work from a store here and liked it! Guess not too many are so daring here.
April 7th, 2009 at 8:08 am
I think the system will only really benefit those who have been hoarding ec credits. I for one always used them to advertise with so I don’t have a large bank waiting to cash in when the system goes live.
My number of drops have decreased as well since most people are spending a few bucks to use the paid ads instead of the traditional dropping method. I am wondering how quickly new credits are going to be acquired to be able to benefit from the cashing out system.
I am still in wait and see mode in regards to entrecard. I know anytime major changes like this are made there will be some growing pains. I’ll wait patiently to see what the outcome will be.
April 7th, 2009 at 8:27 am
I’m waiting for it to! =)
April 7th, 2009 at 8:29 am
Interesting. Thanks for the explanation. I too will be waiting for the live cashout to see it really in play.
One thing you didn’t mention that I did want to remind everyone – some (many?) of the “paid advertisers” are the same as the good old non-paid advertisers you used to see popping up. Before you dismiss all out of hand, see what they have to offer. I’ve seen hits and returning visitors (what’s really important to me) increase both because of my unpaid and paid spots. I put in the minimal investment ($10) just to see, used the pay-per-click model and blog hits, returning guests, new visitors who stay upwards of 10 minutes, leave comments, participate are on the rise several times over! and i’ve only used about $2 or $3 dollars so far of my $10 initial investment (go for pay per click imho)
I for one can see why people are concerned/ confused but I’m at least curious enough to see what happens and suggest people give it a shot at least. For me, not only was it “not as bad as I feared” it was a surge of electricity and motivation to the blogs!
For now the a
April 7th, 2009 at 8:37 am
“People just really don’t like to read details,, they usually bang on instant result.. that is why many failed as a blogger..”
I totally agree. Just like it takes at least six months for a blog to really get going, it is going to take time before the economy gets going so I don’t understand why all these people think they should complain before they give Entrecard the time to get things worked out.
Wait a month or two, that’s my advice. If you’re still irritated then leave Entrecard, but wait and see what happens.
Nathan – Inkweaver Review
April 7th, 2009 at 8:41 am
The fact is that EC is not a normal ad network. Many people joined EC because they had very different goals than a normal ad network. Most joined to get traffic to their site and in some case to just be part of a community of bloggers.
Unfortunately, there was no revenue stream in that for Graham.
So now he is slapping an ad network on top of his community. It makes perfect sense that there would be backlash from the community because members did not join to make money. If revenue is an important thing they would have joined the multitude of other ad networks.
What compounds it all is that there has been very little transparency into the WIFM (what is in it for me) for members. The concept that you run ads on your site for no direct benefit to you is against any capitalist principal. It sounds nice that you there will be a 75% payout but how it is paid or to whom it is paid has not been told. That is what Graham should of lead with. That way people would have known what they were getting and why they should participate.
Throw on top of that that there has been a multitude of bugs and technical issues in both the market and the ad network, and you get the issues you have seen.
Graham had some great traction, hopefully he can pull it together.
April 7th, 2009 at 8:55 am
Trying to keep up the Entrecard promise:
“Entrecard is free and will be free … forever”
makes you think about ways to keep it up.
I think that is the main problem.
Think of some possibilities of having sponsors as in blog catalog or MBL… Some interesting feature for “sponsor members”
No doubt, the ecology of Entreacard should be self sustaining.
Does it Click?
April 7th, 2009 at 9:03 am
OK. I’m going to accept ads on one blog — the famed All Arkie Army — and reserve two others for people buying ads with Entrecard credits only (one of those is on Today.com, and we are prohibited from taking the paid ads; the other I’m holding out just because the rates to advertise on it are quite high and I don’t want to short anyone).
We’ll see how it goes.
April 7th, 2009 at 9:16 am
Hi Graham… I think I speak on behalf of a lot of Asian bloggers supporting Entrecard when I say…
“What the HECK are you babbling about?”
LOL! Sorry but I think you left too many unanswered questions for example:
1] When paid ads are approved…. do they take over those ads that are bought using EC points? If yes when will the EC points purchased ads have a chance to be displayed?
2] When approving of paid ads… does the system instantly add credit to our account?
3] How long does the paid ads run for in our blog?
4] Are these paid ads shown in a rotating format?
5] Will the new credit cash out contain a limit per user?
6] Do you guys screen paid ads to ensure quality?
In these days and time with so much advancements in every aspect of life… asking bloggers to simply place their faith into an unknown system is so out of date. I mean the Entrecard team MUST figure out EXACTLY how the mechanics work and explain it plainly so everyone can grasp the idea.
Don’t get me wrong for those reading this… I support Entrecard since the very first week they launched. All I am saying is that they must make it clear and concise what the new system entails and how it will benefit all entrecard bloggers both in the short and long term. Simply relying on faith isn’t good enough cause then they should have just tested this out in BETA if they are so unsure.
Just my 2cents and nothing more.
Cheers!
Daryl Lau
April 7th, 2009 at 9:34 am
Can any one explain all this in simple terms ?
What direct benefit will i get by advertising these paid ads on my blog ?
And why doesn’t the cost to advertise on my blog increase as the number of ads in the queue ?
April 7th, 2009 at 10:12 am
I have three blogs here on EC and I’ve discovered dozens upon dozens of amazing blogs that I’d never have discovered otherwise. I’ve even made new online friends. That is why I am here. I’m not here to sell advertising. I hardly ever even buy ad space. I don’t CARE about getting actual cash for my credits.
I really hated (Loathed really) going through the dozens of paid ads … I refuse to just accept them outright without seeing what kind of blog they are. It takes a LOT of time and I resented it.
On the other hand…I discovered some new blogs that I would not have seen otherwise so it’s not all bad.
I know the details will get worked out and I’m not packing up my toys and going home. I value EC for the people and blogs I discover, not the money.
April 7th, 2009 at 10:15 am
Can someone PLEASE explain me in short and brief about what is written above?
It is too long and many jargon words.
April 7th, 2009 at 10:16 am
Well I am still not sure what the paid ads are supposed to be doing since I don’t see anything changing or moving at all with them after I have accepted them. I have asked for assistance from “Entrecard” and received none. I am still confused and slightly upset over this matter because I do not want to reject paid advertisers.
It would be nice to know how the paid system works and have more detail and specific instructions or details. I am sad to say that I have already been seeing some bad reviews on other blogs about entrecard and I would hope that they are not running a scam. I am a very concerned blogger mom who loves the “Entrecard Social Network” to meet other bloggers but, the paid ads is beginning to worry me. It would be nice for some kinda of admin to respond to my concerns with a little assistance.
Has any blogger gotten “paid” from entrecard for this new “paid ads” thing?
Re: (ann) I also had tech problem with Entrcard the other day and could not seem to drop any ads for a short while and then I got a breif message saying their system was DOWN. I am worried.
Re:(Arlene) I agree….. that is a wonderful idea. One EC widget for ads using credits and a separate EC widget for paid ads! I have also canceled paid ads because after accepting them I see no movement or change at all. Its almost as if they are not showing up on the widget at all to be dropped on…
As of today I will not accept any paid ads until there is more clarity of this situation. Any responses or input would greatly be appreciated so, feel free to send a MESSAGE to my inbox or on my blog. Thanks everyone.
April 7th, 2009 at 11:31 am
I feel that this paid ads thingy is destroying the delicate balance of the entrecard system.
Entrecard should maintain its system of credits and generate its revenue through people purchasing credits/affiliate programs/banner ads on entrecard.
Inflation can be handled with a heavier advertising tax.
My 2 cents.
April 7th, 2009 at 11:44 am
I don’t know if I’m supposed to be thankful about these paid ads. What I notice is that those who buy ads using their HARD-EARNED credits are getting the short end of the stick. What I would suggest to give everybody a fair shake is for EC to develope a widget that would cater solely to paid ads. I don’t mind adding another EC widget on my blogs.
If your motive is to discourage buying ads using HONESTLY EARNED credits, then I don’t think this will be a success. We spend long hours dropping and earning our credits. I personally would rather buy ads using my credits than taking the easy way and spend a few cents instead. I hope you take my suggestion into consideration. This I think will be more acceptable and fair to all.
April 7th, 2009 at 11:55 am
First of all, I am so deeply disappointed in the decisions that have been made I barely know what to say. Let me address the few concerns that I can think of in the moment.
First of all, I must say that I appreciate all that was done in the past, the many good friends I’ve made, the many beautiful blogs I’ve found that I wouldn’t have otherwise, and the ability, as a disabled woman who doesn’t have money for an advertising budget to speak of, to work to earn the credits to advertise. To me, that’s what set entrecard apart. I thought it was very special and I felt honored to be part of it.
Your changes a few months back I did not like but they were workable.
These paid ads and all that go with them are simply not only not acceptable but I wonder — and I’m sorry, I truly don’t mean to be disrespectful — where in the world your head was??? Truly.
FIRST of all, you assume everyone who is blogging is in it to make money. This simply isn’t true. Most of us have some little advertising on their sites, but mine, for example, are to get more readers, blog exchange ads in other words, and they are free unless you choose to go further and get upgraded services. There are a GREAT MANY of us who are blogging to share our interests, our heartfelt thoughts and writings, and to feel part of a community. That’s what I’ve always loved about entrecard, the community aspect. But you are destroying this in a subversive manner that perhaps you didn’t even think of.
And by the way, yesterday I changed all of my ad preferences to Entrecard Users only. I only want real entrecarders who work for their ads by dropping. That is the exchange I am willing to make. I work for my credits to buy my ads. And this is the biggest way in which your system is flawed.
YOU seem to think you are doing us a big favor by offering to “Buy credits back.” First of all, we are limited to 300 drops for site a day which isn’t enough to buy much of any ads. A lot of us have to drop for days to get enough credits to buy ads and believe it or not, we all have LIVES. We do not have 24 hours a day to drop ec’s. So where in the world do you think all of these extra credits are going to come from to sell anyway? I certainly won’t have any. I can barely drop enough to buy my ads. This is a very flawed system. Perhaps if you had given us the CHOICE as in taken a census, asked for opinions, feedback, etc, it would still of course been your call, but you seemed to make grand sweeping gestures without knowing or caring how those of us who you might say put you on the map, felt. Our being here dropping and establishing the EC system as it has been is what has made it grow, and now you, with no concern for how this affects us, no real concern, have laid so much on us so fast we can barely breathe.
I wanted to help entrecard. I had no idea that we were not compensated in any way for hosting ads (who do you know that hosts ads with no compensation? Other places we earn points to use to buy ads in a somewhat different way than ec, but with a similar outcome.) You say it wouldn’t have made a difference to YOU if you gave out credits vs. the system of buying them back. Well, I won’t speak for anyone but myself, but I desperately need the credits to run a good campaign hence I will never have enough to sell to make money, hence I’m dropping as fast as I can to buy ads to get exposure and while the ads seem to be getting amazingly expensive needing a week or more of accruing points to buy them, you seem to think you are being generous to offer “buying points back.” Buying WHAT points? Most of us are still trying to earn enough to advertise.
Then there’s the matter of AFTER dropping like crazy to buy the ads, using up a ton of points, you now only show up half the time on the blog you struggled to get the credits for. How in your universe does this seem fair? Especially since we are getting no compensation for hosting the ads, but we are being cheated of half the ad time on the ads we have legitimately purchased through hours of ec dropping.
Further, with my three blogs, once the paid ads started, and I was trying to play fair because I truly DO want to help entrecard so I denied a few that truly were a bad fit. The next morning I had 8 regular ec ads and well over 20 some paid ads. We have all been going CRAZY with all of these incoming ads, and they were SUPPOSED to be screened but I have had everything from anime, to scantily clad women and more come in. Now, they have the right to do what they want to do, but I don’t call that screening, PLUS when you have checked an ad that says you only want ads that fit the criteria of your blog and yet ads come in with everything under the sun, very few fitting the criteria, something is not working right!
So the people I love and care about here, who are dropping like crazy, as well as myself, are being shortchanged on both ends. It’s hard enough to even get enough credits to buy ads (I can’t believe how many ads are going for 4000+, 8000+ and 16,000+!!! Huh?) At 300 drops a day how in the world are we supposed to buy these ads. And, I repeat, you act like you are doing us a big favor by offering to buy credits. How in the world do you do that? How many entrecarders actually have such a surplus of ads that that can work on a scale fair to all?
Bottom line. No credits for compensation, no can do. I was going to outright quit but I decided a compromise was to stay in for a bit to see what would happen. I’d like to see EC make income, but not at the expense of the very community that worked their hiney’s off to put you where you are!
Yesterday, after going through and denying/cancelling every single paid ad, and setting all of my preferences on all three blogs to entrecarders only, this morning I still got paid ads waiting in the queue. I almost screamed. I’d worked so hard to get this worked out. Plus I, like many others have said, have had ads show up as approved that we never SAW nor approved? And I’ve had a handful of sites who have applied for ads SEVERAL times in less that a day or two. When we drop we buy one ad and can’t buy another until our ad has run. What’s going on?
Finally, the scariest thing off all to me is that in the last days of the ad buying frenzy, a lot of ec’ers, a number whom I’ve regularly dropped on, are buying paid ads and for 2 days I received not ONE regular entrecard ad. When I changed my status back to ec ads ONLY I got 3 ec ads right away.
If the people, many of them, who regularly dropped for points and bought ads from me and I them go to buying ads, they will not need to drop and buy that way, hence I will get no ads for the now limited exposure, we ec’er’s who have put YOU on the map spending hours out of our daily lives earning points won’t be able to earn them or if we do, for what? I NEED ec ads to bring my value up. Paid ads don’t do that. I am sinking in the charts faster than a stone in a river, few people are buying ads the good old fashioned way by dropping, and the paid ads are cutting into our time for the ads we diligently dropped on for the single reason of buying ads in return.
If this doesn’t change quickly to a system that is fair to all. I’m taking my 3 blogs elsewhere. I’m already, as many have said, doing better on other ad programs that are fairly worked out for the advertisers and the publishers where everyone wins. You have WAY overstepped this time, and it makes me sad, and it’s probably going to make me leave.
And if I get one more paid ad in my queue after making it clear in my advertising preferences that I DON’T want them, I will pull all three widgets in an instant with no explanation.
You are killing the beautiful community you worked so hard to create.
I am very sad about this…
Rev. Mother Maitri
April 7th, 2009 at 12:41 pm
@ Graham,
YOU MUST make this thing very attractive and competitive, now that expectations(& suspicion) of the members are at the peak levels, if you expect even a little compromise on their(our) part, then you may loose big !!!!!!!
April 7th, 2009 at 1:38 pm
Well Graham. Let’s say 8 dollars per thousand.
That’s 8 dollars for 10 hours of dropping, or more hours.
It’s payment per click, even when you count in thousands.
So let’s say we’re here for the fun, Yes?
We play, you earn.
From the beginning I’ve said that two different systems: paid and EC would be a good solution.
Those who want both can display both widgets or a double one.
Right now I’m not accepting ads, because I still have EC blogs on my list that were accepted before the whole paid system began.
There’s also another reason. The paid ones are not at the end of the row, waiting for their turn, as I feel they should.
Paid ads might be more important to you, EC ads are the result of very hard work and are more worth for me.
I also think the paid ads should reflect some quality, as agreed.
Interesting is that ads from outside are mainly low standard ads I would never ever want on my site when I had a free choice.
They have no widget, so they put the surfing-through-widgets to a halt.
Improving the quality of the ads that run through the system will raise acceptance on the widget, but…. it will also attract better paying advertisers. Quality attracts quality.
I’m OK with paid ads from other bloggers who were already in the system, or who are already in the system, except the “make money from blogging”, and some other advertising blogs. Let’s be honest, they came into the system to advertise and they have the budget to do so.
Some people are writing that those who run paid ads should earn more than topdroppers.
But running a paid ad without the topdroppers and other droppers would mean nothing, because they aren’t clicked and would stop the system.
Chicken or egg?
Paid ad or a drop?
When you want value the droppers only, the system goes down in the end, one way or another.
April 7th, 2009 at 1:51 pm
Hey Laane,
thank you so much for your thoughtful considerations. I’m glad that your entrecard advertisers are important to you such that you’ve rejected the paid ads until their que finishes. That is quite kind.
Many of the ads going through our system are actually from other bloggers with Entrecard widgets and we’re thoroughly pleased about this. We are also working hard to keep the paid ads kept to quality standards that will continue to evolve and adapt to what members do and do not want to see.
thank you for being patient while we take the steps we feel are necessary to take Entrecard to the next level.
April 7th, 2009 at 1:52 pm
thank you for this post. now i understand what paid ads are for. i tried to understand it three days ago but couldn’t figure the entire picture of it. now i know how it works.
thank you for sharing “benefits” to the members.
April 7th, 2009 at 2:01 pm
Hi Graham,
I hope you are not planning to distribute the cash to Entrecard members or bloggers who have not accepted the concept of Paid Ads.
April 7th, 2009 at 2:02 pm
The plan is to give members with the highest ratio of paid ad approvals first dibs on cashing out their credits.
April 7th, 2009 at 2:02 pm
However ..forgot to mention, Thanks for adding that “Automatically approve paid ads” option… Three days back i was having tough time approving everything one by one and raised the support ticket to do it automatically for my blog.
Thanks for being No.1 in support.
April 7th, 2009 at 3:46 pm
As one that actively participates in the EC Market (#2 in total sales and #1 individual product) I am very interested in the cash-out feature. Paying 75% of ad revenue to the Publisher is, frankly, HUGE. Google Adsense only pays 1-5% of revenue. Individual blog owners will get a trickle down effect and the market will set a final price for the value of EC.
It sounds like EC plans to offer buy-back at 50% of retail which is lower than I had hoped but is not unreasonable.
Graham, I suggest you make public your statement that approval of ads will have an impact on priority for pay-outs. Also, I suggest you kick your tech support people in the rear and/or hire some more. when simple tech support issues get nothing more than an automatic response for 10-14 days, it will eventually crater even the best business model.
April 7th, 2009 at 4:27 pm
Since the paid system started, I have lost all of my regular EC ads – they are not coming in like they were before the paid ads started. I have seen some of my regulars coming in as paid ads and I have had to deny them as I am not able to accept them – I am a today.com site. I have EC ads in the queue for the next few days and I will stay with EC as long as I have EC ads. I had 45 paid ads I had to reject, which took time away from my dropping and visiting blogs. I suggest the two widget system – one widget for EC ads and one widget for Paid ads. You can have both or one or the other.
April 7th, 2009 at 5:04 pm
Loving the new updates!! I agree these changes are beneficial to the entrecard community as a whole
April 7th, 2009 at 5:27 pm
Just to make this clear, we accept paid ads so that you can get paid for them and as long as we accept paid ads you might pay us back for credits that we earn not by accepting the ads or getting people to click on them, but by getting other people to advertise on our space using EC’s 50% of the time.
The pickier we are with what ads we show the less likely we are going to be given the cash out option, but even if we only accept 1 paid ad our EC advertising will be decreased by 50% – the same as everybody who accepts every ad that comes through.
If you need money that bad why not do some advertising on the actual entrecard site, charge a monthly fee, anything except make us show paid ads that decrease our own exposure without actually being paid for them!
If somebody is going to click on a paid ad on my site I would rather it be something that I am going to be paid for. If somebody would like to see a blog that I think is interesting and relevant than great! That is why I joined entrecard.
April 7th, 2009 at 5:30 pm
I’m fine with this new system /feature of yours. The trouble is that there’s way too much paid ads in one day waiting for our approval. The worst thing is, if we cannot take action to approve or reject the ads within 24 hours, they show up anyway. It’s really driving me nuts and I have read a lot of blog posts that they find it also annoying. I could send you links of those blog posts griping about these terribly annoying paid ads. I cannot stand them, because they’re not even droppers. I want to support blogs who support me.
Could you just make the one to two paid ads in one day , not 30 in half a day? And please make a grace period of about 3 days to approve or reject them before they show up automatically?
A lot of your members really do not like the present system. It’s also unfair for those who waited for days to advertise on our blogs –the ones who just pay with credits.
I hope you do something about this Mr. Graham. I tell you, and I have to repeat, “PAID ADS ARE ANNOYING”.
April 7th, 2009 at 5:36 pm
I hope someone at Entrecard will answer to Rev. Mother Maitri, ’cause she makes a good point. I don’t like the rush of all these paid ads in my queue, I’ve rejected all but six, and that’s all I will accept. hell, I don’t even know how long these ads are going to run, anyone have any idea? I don’t like the fact that the paid ads are squeezing time out of people who paid for their ads with credits. I’m not really upset by this whole thing, ’cause I don’t plan to accept anymore paid ads. the whole thing is bogus anyway. If I don’t earn enough credits to buy any more advertising, then I’ll just leave the whole entrecard network, simple as that.
April 7th, 2009 at 6:04 pm
cool I have also been accepting all paid ads and i’m happy that we will be getting some cash woo hoo!! and this weekend how exciting i’m looking forward to it
April 7th, 2009 at 6:47 pm
“Graham, I suggest you make public your statement that approval of ads will have an impact on priority for pay-outs. Also, I suggest you kick your tech support people in the rear and/or hire some more. when simple tech support issues get nothing more than an automatic response for 10-14 days, it will eventually crater even the best business model.”
Maybe if he actually paid them? Can’t blame folks who work hard for free if they can’t keep up with the mess their “boss” has created.
April 7th, 2009 at 7:03 pm
Cited:”Graham Says:
April 7th, 2009 at 2:02 pm
The plan is to give members with the highest ratio of paid ad approvals first dibs on cashing out their credits.”
==========
Have you made a poll for this?
Or was it the plan from the first day on?
Thanks for pushing the topdroppers aside. Ugh!
I have been quite long with entrecard, to my feeling, so I really helped the system going.
I wasn’t able to load the widgets today, whereas other sites on the internet loaded quite well. I hope it’s coincidence.
Maybe it’s time for a strike of the droppers, so we all can see how much we droppers are worth!!
April 7th, 2009 at 7:18 pm
cites:”Make All This Attractive, OTHERWISE… Says:
April 7th, 2009 at 12:41 pm
@ Graham,
YOU MUST make this thing very attractive and competitive, now that expectations(& suspicion) of the members are at the peak levels, if you expect even a little compromise on their(our) part, then you may loose big !!!!!!!”
Who is loosing???
Graham… you’re the one who started it.
You didn’t do it for fun.
You want the monitairy gain.
We here in The Netherlands have a saying:
“The client is king.”
Needs no explanation, I think.
You’re completely focussed in your frame of mind.
Those who have choosen for EC ads only until the system works better, are loyal to their fellow bloggers and the system.
You haven’t researched the market before you started this.
You had a concept.
And you select from the reactions those that you can either fully reject or fully accept. In a way you have selective perception, because you’re not seeing what’s going on.
When you had placed in the middle the costs of running the site, you might have been surprised by the way people would have jumped in. Either by donations or by solving the problem for you in a far better way.
Just think: you know how many blogs are in the system.
How much does every blog has to pay on a yearly basis to keep the system going?
April 7th, 2009 at 7:46 pm
I agree “The client is King”
I also agree in keeping widgets separate and allow people to subscribe to whichever ad philosophy they want.
I said it before, I’ll say it again, I have a strange feeling you’re slowly moving towards paid-ads only and “buying out” our EC credits.
As the Rev. said, No one has enough time in the day to earn enough EC’s to drop EC ads, let alone paid ads.
While 75% payout sounds great, I don’t think your homework was done….I agree with whomever said in the previous thread on this that the proper way to go through with this is to do a test platform and allow your members to decide. You seem to have already made up your mind, and are just patronizing us by allowing us to air out our complaints. You are going ahead with this no matter what we say. It’s transparent.
I’ll continue to accept EC ads only, until I see where this is heading.
April 7th, 2009 at 8:53 pm
The mindset seems to be all or nothing. If I choose not to accept paid advertising on my blog, then I’m at the bottom of the totem pole to earn any money–which doesn’t even matter to me, since that is not why I am here. I am more interested in people stopping and reading my blog.
But if I accept advertising then people who only use ECs to purchase advertising lose. It has not become cheaper for those people to purchase advertising, but yet, they are only getting a 50% rotation in a day.
While I’m glad that EC has found a way to generate revenue to pay for the upkeep and hire employees I am not happy that the true spirit of what I thought EC represented has been set aside.
Rather then rotating at 50% between paid and EC, why not allow an every other day rotation. An EC paid spot gets one entire day, then the next day the paid spots rotate all day long? And, keep following that pattern. That way the EC paid advertiser is not losing. They may have to wait a little extra time for their ads to appear, but they still get a 24 hour day of advertising. Or, you need to make the EC purchased spots cost 1/2 of what they do, since they are only getting 50% of the day.
There needs to be some equality among all types of users. Those that want to earn money and those that want to obtain readership.
April 7th, 2009 at 9:21 pm
I still believe that a separate widget for paid ads, one like that of Project Wonderful that makes both bloggers and Entrecard earn, is better than paid ads and regular ads sharing the same widget. If a blogger wants to earn, then he has to put that paid ad widget in his blog. If not, then he has the option too of not putting that widget on.
At first, I was, ‘Okay, let’s give it a try’. But after a few days of seeing paid ads eating my dashboard completely every time I sign in, it became very annoying.
Please give us the option to run or not to run a paid ad by providing a separate widget for this. You earn, we earn. Period.
April 7th, 2009 at 9:49 pm
I have read about this on countless blogs, and the anger is that paid ads are “mixed” together and share time with other ads from credits is unfair. Why would anyone place their card on a site that only shows your avatar half of the time?
April 7th, 2009 at 9:50 pm
EC credits for cash? Then who else would want to buy ad with credits? I would drop and save all my credit for cash out. Is this the ulterior motive to eventually get everyone to go on paid ads? We pay for the ads, drop and save the credit and then cash out?
April 7th, 2009 at 9:53 pm
@BK absolutely not an ulterior motive. We’re trying to make a huge step to strengthen the economy. We will never be phasing out dropping or credit ads.
Keep in mind that just because you would save your credits and cash them out, doesn’t mean that everyone will do this. It’s true that we can certainly expect ad prices to fall, but that’s just good news to everyone who loves to buy ads through entrecard for credits, because they’ll get them much cheaper.
April 7th, 2009 at 11:20 pm
Wow! I don’t know what to think?!? I truly was thinking, hey, somebody found, and liked?, my blog!! It was so kewl – then I started thinking, there’s something afoot! Yep, should’a figured it was something controversial, and that unwittingly I fell right into it! lol Shame on me for never knowing ‘what’s going on?’!
just a note on that; I once rejected an ad – a long time ago – and still feel bad about it; I felt I had judged someone, and I am not really capable of judging *anyone* – hence, my frivolous ‘approvals’ now!
Well, as I was clicking approved on my ’special “they love me, they really love me!” advertisers’, I was wondering about the “paid ad” thingy – the one above it wouldn’t approve and the ‘paid’ ones went right thru – imagine that!?
Anyway, just wanted to say I’m sorry to all of the dedicated ECarders for my not being aware – and apologize for all of the strange ads on my site,(for the next few months, I guess!) – after all, ignorance is no excuse!
I hope we’re not seeing the end of EC – it was a great project…
April 7th, 2009 at 11:30 pm
I will approve all the paid ads on my dashboard, and looking forward what will be happen in my account…
April 7th, 2009 at 11:34 pm
Many of the questions here have been answered in other blog posts. The length of the paid ad queue doesn’t matter. Paid ads will only get 50% of the “air time.” They will rotate randomly on that 50%. They will run until that advertiser’s money runs out… who cares? Advertisers did not target anyone’s blog… it’s not like buying with ECs. Advertisers can choose to have their ads shown to everyone or for a higher price in certain categories. So no one should be angry over what’s in the lineup. If you don’t like ‘em, don’t accept ‘em.
I personally have various levels of discrimination on my various blogs because of the audiences they have. I’m not happy about some of the sexier ads and blogs, but I just don’t accept ‘em.
I’m not thrilled that this means I’ll have a lower payout status, but I understand why it has to work this way. Sort of rewards those with no taste, though.
It will be interesting to see how it plays out. The only question I haven’t seen answered somewhere yet is: If we reject an ad will all future ad purchases by that advertiser also be rejected automatically or will we keep seeing them in the queue over and over?
April 8th, 2009 at 12:18 am
Can’t wait to cash some of my piled-up credits mwahahah
PS: I’ve been accepting all paid ads since I know it’ll help Entrecard to grow and get better
April 8th, 2009 at 2:16 am
[...] is that 75% of all the revenue we’re generating from the paid ads is going to the members.” Read the full story here – Entrecard Ad Network payout: 75% to members Discussion Question – Please Comment on Your Thoughts 1. Would you be interested in [...]
April 8th, 2009 at 2:38 am
I just wrote a pretty good sized forum post that gives some ideas for how to go about som of the monitizing for EntreCard.
Check it out and let me know what you think:
http://forums.entrecard.com/showthread.php?t=11959
Ithiel
LazyBearBlogs.com
April 8th, 2009 at 3:56 am
I’m waiting for the final result.Hope It will be great
April 8th, 2009 at 7:31 am
I have some problems with the system you’re introducing here.
For one thing, you’re assuming ever blogger actually has products or services to sell. There are a lot of bloggers in the community who are not in small business. These people cannot participate in the EC market as you have suggested and therefore, the amount of EC credits they can earn is limited. Is this a community for all bloggers or has it become a community for commercial bloggers only?
Secondly, there is no incentive for blogs that generate a lot of web traffic from outside the community to actually participate in this new economy you are creating. Having a more successful blog does not earn more credits. And where’s the incentive to actually accept all these paid ads when other bloggers who do not accept paid ads earn the same credits?
I’m actually removing one of my websites from Entrecard because it receives a lot of traffic from outside the community and the widget space would be better used by an ad network that actually rewards popularity and increases in web traffic.
I had assumed you were going to sell ads to reputable companies and websites outside the community. But from what I can see, most of the paid ads are actually bought by bloggers within the community. So in effect you’re earning money from the same people you are paying out to and bloggers are paying for ad space they use to get for free.
The way I see it you’re not actually building an economy here, you’re just moving money around the community and the only one who is going to benefit from this are the owners of Entrecard.
Don’t get me wrong, you guys deserve to earn a decent living from what you have created here. But wouldn’t it be better to actually sell your ads outside the blogging community the way the other ad networks do? Wouldn’t it be better to take advantage of all the web traffic flowing through the community by actually launching a real ad network?
This is only my opinion, but I think you would have done better to keep the widget system the way it was and create an additional blog network for Entrecard and bloggers to earn an income – like BlogHer and others have has done.
April 8th, 2009 at 7:37 am
I have some problems with the system you’re introducing here.
For one thing, you’re assuming ever blogger actually has products or services to sell. There are a lot of bloggers in the community who are not in small business. These people cannot participate in the EC market as you have suggested and therefore, the amount of EC credits they can earn is limited. Is this a community for all bloggers or has it become a community for commercial bloggers only?
Secondly, there is no incentive for blogs that generate a lot of web traffic from outside the community to actually participate in this new economy you are creating. Having a more successful blog does not earn more credits. And where’s the incentive to actually accept all these paid ads when other bloggers who do not accept paid ads earn the same credits?
I’m actually removing one of my websites from Entrecard because it receives a lot of traffic from outside the community and the widget space would be better used by an ad network that actually rewards popularity and increases in web traffic.
I had assumed you were going to sell ads to reputable companies and websites outside the community. But from what I can see, most of the paid ads are actually bought by bloggers within the community. So in effect you’re earning money from the same people you are paying out to and bloggers are paying for ad space they use to get for free.
The way I see it you’re not actually building an economy here, you’re just moving money around the community and the only one who is going to benefit from this are the owners of Entrecard.
Don’t get me wrong, you guys deserve to earn a decent living from what you have created here. But wouldn’t it be better to actually sell your ads outside the blogging community the way the other ad networks do? Wouldn’t it be better to take advantage of all the web traffic flowing through the community by actually launching a real ad network?
This is only my opinion, but I think you would have done better to keep the widget system the way it was and create an additional ad network for Entrecard and bloggers to earn an income – like BlogHer and others have has done.
April 8th, 2009 at 9:27 am
The way I see it this change in Entrecard is changing it to just another Advertising network, but with one difference, you wont get paid.
Look at what has happened this week, everyone is seeing hundreds of ‘paid’ ad requests, but at the same time we are seeing very few if any ‘credit’ ad requests.
Credits can be bought atm for $6/per 1000, if you used those 1000 credits on advertising you may get 100 clicks for your $6, thats $0.06 per click, why would anyone bother when they can buy ads for just $0.02 a click? This does not take into consideration that ads paid with ‘credits’ are now getting a fraction of the impressions they did before.
People generally drop on others to earn the credits to advertise, now there is no need to earn the credits, because it’s cheaper to buy ads, they will stop dropping. So now they are not dropping, nor are they earning credits from advertising they will have no credits to sell back to Entrecard.
For a period of time Entrecard will earn money, but it will not be too long before people realise they are getting absolutely NOTHING from having the Entrecard widget on their blog and will drop it like a brick.
Graham, don’t get me wrong, I think you need to monetize Entrecard but it does appear that someone has an idea and implemented it without thinking it through.
April 8th, 2009 at 10:26 am
Ok to say I am a little confused is an understatement. Are you saying that we have to participate in the Entrecard market, ie selling, and buying goods to participate in the cashout option? I will not care for that. However, paying us 75% of the revenue you earn for putting ads on my blog, is a great option, I was hoping for 50 so 75 is great. Also I am wondering why there is no limit that you are requiring members to click on others blogs, to be able to participate. Since you implemented this I have noticed that bloggers that are now paying for ads, seem to be no longer clicking and supporting the system. I think that is detrimental to the whole system in general, and unfair to those of us who continue to click just like we always have.
April 8th, 2009 at 11:24 am
I’ve been an Entrecard member for just a couple of weeks. I started out really liking it. I was finding great new blogs and getting people to my site. Boy did that dry up in a hurry. I’m seeing very little traffic from Entrecard now, and the ads I’ve bought with my credits are taking eons to approve. Now the time I used to spend looking at new blogs and dropping cards is spent reviewing a mile long list of paid ads. I’ve had to refuse some places more than once! Can’t we at least keep track of those sites I’ve refused and not bother me with them again?
I understand that change is something that is usually resisted, but I really don’t think I was too jaded to begin with. I was a member for a very short time before this all came about.
The information distribution seems to be pretty poor around here. I’ve spent a lot of time trying to figure out what on earth is going on, and I’ll be a monkey’s uncle if I could find much of anything that I would deem helpful. Even this article leaves me confused.
Everyone needs to make money. We all need to eat. But is this what Entrecard is going to be now? Because if so, I think I’ll need to take my advertising space somewhere else. This model just doesn’t work for me. I don’t have money to advertise. That was the point of my joining the site in the first place.
April 8th, 2009 at 11:31 am
Entrecard is still completely free for bloggers to advertise. You can still buy ads on every site in the network for credits, and you can still earn credits for free. Nothing has changed, except for the exposure that ad gets, and the prices they’re selling for have both been cut.
You can earn credits for free by doing the following:
dropping cards
publishing on your blog
selling your ad space
selling products and services in the market
receiving drops on your blog
entering/winning contests
So go earn some credits and buy some free ads! That’s what Entrecard is all about!
April 8th, 2009 at 1:35 pm
graham said:
“The plan is to give members with the highest ratio of paid ad approvals first dibs on cashing out their credits.”
So we are being punished and retaliated for wanting quality on our blogs. Since the majority of the ads are unsuitable for my niche, even if I approve several of them for free, I am last on the list of a potential payout (not that it really matters to me, but it’s an important point for other bloggers who are mistakenly thinking to see some benefits from this system).
The winners are the ones that don’t care and approve all and every ad under the sun.
No longer approving ads for the time being, until it is all sorted out. The end result is the same, after all, medium ratio, low ratio, zero ratio, it doesn’t matter…
April 8th, 2009 at 1:43 pm
To be honest, I think there is a major flaw in this economy. That is, you don’t receive credits or any form of reward for accepting paid ads, but you receive credits for accepting “legacy” ads. The other problem is, a single paid ad can run for days, while the legacy types of ads just ran for a day.
So lets look at two people – Person A, who accepts a few paid ads that end up running for five days total on his site, and Person B, who accepts five legacy ads over five days.
Lets assume that neither person has the time to offer marketplace services or drop cards.
–After 5 days, Person A has not earned any credits, but has helped to feed some cash into the system. He will not see any of this cash however, because he hasn’t earned any credits that he can cash in.
–Person B, on the other hand, has earned at least 40 credits or so (assuming he got 8 credits each on average for the legacy ads). Person B can then cash in these 40 credits for real money – money that was earned by Person A’s paid advertisements.
So, Person A has basically done the altruistic thing and the result is that Person B, who did not “support the economy,” got the reward.
An economy like this simply cannot work and will collapse very quickly. Just my two ECs.
To make this work, there has to be a tangible reward for accepting paid advertisements. As much as you would like to believe that everyone is altruistic and would like to support the greater society, the fact is, it just ain’t so.
April 8th, 2009 at 1:47 pm
Hey there. I too have been accepting paid ads as a means to support Entrecard. I do have a question in regards to credits. Will the monetary value of credits fluctuate? As in 1000 credits for $8 one week, yet 1000 credits for $5 the next… And if so, what will determine the monetary value of the credits? Thanks.
April 8th, 2009 at 1:56 pm
You can also just think of paid ads as a membership fee… pay as much or as little as you feel like.
Also, keep in mind this is a preliminary step. Once we’ve deflated the economy and gotten it under control, we’ll most likely issue some reward for accepting paid ads. But we need to do first things first, and just get the whole system up and running, and not crashing the site.
The value of credits will fluctuate, certainly, but we estimate that for a long time, it will only go up as we remove more and more credits from the system and make them more and more scarce.
April 8th, 2009 at 4:08 pm
[...] An interesting discussion is going on at the entreblog. [...]
April 8th, 2009 at 5:06 pm
Hi,
I think what your doing with Entrecard is fantastic and I’m looking forward to the future.
It’s easy to see that what you have here is something that could be very beneficial to everyone who uses Entrecard with little cost (time) to them.
But there are a couple of points I’d like to bring up about the system which I feel could be fine tuned a little further.
First of all, when approving a paid advertisement which will share 50% of the time on the card, the cost of advertising in ec credits does not increase against your card. So the value for the user in approving advertisements which are cash paid are…….getting paid in ec’s??
Second, after approving a paid ad, no ec credits are given (at the moment), which again is strange because aren’t we supposed to be receiving 75% share of ad revenue..when do we actually receive credits for approving advertisements?
Third there’s no option to have a cash paid widget and ec blogger widget so as to keep the different types of ads separate (paid and ec paid), it has to be shared…
Fourth, Since the requested paid ads are kept separate from normal ads on the dashboard, it would be nice to see the same happen once they’re approved. (making it easier to keep track of blogger ad and paid ads).
Fifth will there be a cost measurement for ads on each profile in the same way that cost increases when an ec dropper has bought an ad using credits i.e. will the cost of paid ads increase with demand ?
Ok, so on point one and two, I assume when the testing and beta stage has finished and credit implementation system is finalised, there will some kind of ec payment for accepting ads and some tweaking will have occurred with in this process. If this doesn’t eventuate I can only envision that there will be a separation between your different type of users…ec droppers won’t approve paid ads in the long run until they see the benefits of doing so and advertisers will become frustrated by having ads rejected…leaving you guys to force ads through (removing the reject button) and then seeing a large amount ec users leave because of that.
I hoping that the latter situation won’t be the case…perhaps you can provide some feedback on points one, two & five. The other points are minor things which I think will be nice touches to your great service.
Otherwise…Keep up the good work! : D
April 8th, 2009 at 5:12 pm
Well I am here primarily for the non-paid blogs. However making money is not a bad thing. My issue is that I cannot choose which ads to accept and which ones to reject. There is no info on them like the non-paid requests. Until I can see what is going to appear on my blog, I will have no option but to reject all paid ads.
April 8th, 2009 at 10:52 pm
Seems like this is gonna be more interesting than i thought
April 9th, 2009 at 12:08 am
this will create interest in blogger’s.
April 9th, 2009 at 3:22 am
Thank you for the lengthy explanation. However, I still have a rather ‘muddled’ feel about this. I joined Entrecard to further expose my blog and thus to invite my readers to delve further. I enjoy the virtual money for ‘paying’ for adverts on other sites. Now I am finding many commercial adds wanting to be placed on my blog which have nothing to do with my ethos and thus pushing the free adds down the queue.
I shall wait to see what happens this w/e. In the meantime I am not happy accepting adds from commercial companies. Sorry!
April 9th, 2009 at 8:30 am
It appears from your replies here Graham that you’re not actually listening to what members of the community are saying to you.
This new economy you’ve introduced isn’t going to work. I know many bloggers have removed their widget and many more have decided not to accept paid ads after initially agreeing to do so.
Personally, I would like to see the EC widget back the way it was with the option of placing a second ‘paid ads widget’ on my blog which will earn actual cash based on impressions and clicks on my blog. That way everybody’s happy!
April 9th, 2009 at 9:42 am
You’re right, deborah, He’s picking and choosing what he answers, and sticks to the original posts at all costs, he’s dancing around the issue because he’s already chosen to do whatever he wants. He’s taking us for a ride and letting us vent to make us feel lik we’re a part of the process.
Personally, i’m not a minion. I don’t work for free. and I’m not going to give him free space on my blog for him to pay the bills.
I joined entrecard because of what it represented. I’m not getting nearly the same EC ads as I did before this whole SNAFU started. I have a feeling, i will be closing my account by the end of the week. I don’t like to be taken for a fool, and I’m not going to penalized and have my blog at the bottom of the totem poll because I choose not run paid ads. I’m done,
April 9th, 2009 at 10:22 am
As a matter of fact, i just saw a paid ad on my site which I DID NOT APPROVE. I’m done with Entrecard. This is GARBAGE.
Even after I changed my advert settings.
So mad.
I’m allowing my loyal EC ads to run, because I already accepted them, and they used their hard-earned EC creds… but I’m closing after the last EC ad runs.period.
Pay attention, people. Entrecard is playing you.
April 9th, 2009 at 12:06 pm
Graham, please explain this one thing:
Why on earth is one of the paid ads I haven’t even approved or rejected yet being currently displayed on my blog now?!
April 9th, 2009 at 3:26 pm
I personally haven’t had a non-approved ad on my blog. I haven’t had any paid ad on my blog. As soon as I realized the default was to run ads (which was a really messed up thing to do, by the way), I chose “Allow paid ads only if explicitly approved by you,” and haven’t seen a paid ad since.
But the problem I have is that I used to move from one blog to another: read the blog, drop, click on the widget, and move to another blog. Now, I don’t know if I click on an EC member’s ad or on a paid ad. I’m really not interested in clicking on ads. If I want to raise my credit score I’ll look elsewhere, thank you.
These changes have ruined what was good about EC.
Heard some people have decided to not drop tomorrow. Consider me one of them.
April 9th, 2009 at 8:23 pm
I really don’t like the idea of rewarding the people who got ads on my blog using credits by sticking in a paid ad.That just cuts into the time they get exposure.I’m also not happy that there is a paid ad displaying which I did not approve.Until I see the actual benefit of approving paid ads I will have to decline allowing them to show on my blog.To anyone who wants to advertise using credits I will gladly accept your ad,I reject no one.
I am interested to see how this whole thing pans out.
April 9th, 2009 at 8:47 pm
I will also participate in the no-drop day tomorrow
April 10th, 2009 at 8:21 am
Maybe a little patience to see how the pay-out system will work is not a bad idea. I do accept paid ads for the time being and wait for the bugs to be fixed but I did notice a slight decrease in ‘normal ads’.
On the other hand I have noticed plenty of EC members who signed up as advertisers and get exposure that way.
One thing which needs to be implemented is a screening process for third party advertisers to ensure only quality advertisers are allowed to sign-up.
April 10th, 2009 at 8:47 am
Entrecard People ,
You must be aware that a lot of your members do not like this program as much as you did not have the courtesy to inform us about this program before you launched it. That’s my most of us are confused.
You need to realize pay-outs don’t really attract the members because it’s unfair also for those who have earned their EC credits in the hard eay.
I am not even attracted to your pay-out scheme because the exchange or mechanism for this is very complicated, unfair to others and annoying.
Read this; http://vanillaseven.com/2009/04/09/entrecard-hoolabaloo/
It’s better to stick to the old one or if you really want to earn , make it fair by letting members choose if they will install another widget for paid ads. One widget for the paid and one widget for the traditional advert.
Please make your program SIMPLE, FAIR AND BENEFICIAL TO ALL
April 10th, 2009 at 9:01 am
Another blog post about grievances on this system;
http://earn-money-blogging.com/2009/04/08/new-questionable-entrecard-paid-ads-system/#more-339
April 10th, 2009 at 10:18 am
Unlike many reactions up, I have known this move weeks ago from the community forum. In fact the reactions here are quite strange telling they dont know the reason behind.
I support EC for its move and I do believe that what they do there, is for the best of interest of both EC and its members… why? Because if EC believes that this system would run the trust of the majority in the community, they’d know that the ext to get ruined is EC itself.
April 11th, 2009 at 2:17 am
Hopefully everything will work out well. Good luck.
April 11th, 2009 at 9:48 am
I’m wondering how much per credit…
April 11th, 2009 at 3:21 pm
It’s way to complicated for my aging brain although I did read the entire statement above. But that’s alright. It will sort itself out. And I’m relieved to know it’s not a bug.
I will just ride along and see what happens. I haven’t come this far just to ditch it without a fair wait and see.
April 11th, 2009 at 8:09 pm
Very confusing.
I am not approving more paid advertisers until I know how much I’ll be paid for to let them advertise on my blog.
April 12th, 2009 at 1:08 am
Where can we convert our entrecard credits into cash? And what would be the value then? I am looking forward for this.
April 12th, 2009 at 9:53 am
I am not approving paid ads on my blog unless they have been previous advertisers. I don’t like seeing the people who have been using this site over the last couple of years being pushed aside for the ability to cash out my credits. I do not want to cash out my credits, I simply turn around and use them to advertise on other great sites. I will not be approving any more paid ads until I see a separate box added for paid ads. Entrecarders who have been using this site for the original purpose of putting their ads in front of other bloggers will be given utmost priority on my blog.
April 12th, 2009 at 11:28 am
I think the easiest solution is just to charge a monthly membership fee for people who don’t want to run paid ads, since that’s how we’re affording to offer you this service. I don’t blame you for not loving paid ads, but we do need to pay the bills somehow.
April 15th, 2009 at 12:50 am
Entrecard is missing the point of us bloggers who reject paid ads. We don’t blog for money. We don’t want people who blog for money advertising on our blog.
Pretty simple.
April 15th, 2009 at 12:53 am
And wait a minute – you mean no one knows how much an Entrecard credit is worth? Yet we’re being asked to participate in this paid ad thing? LOL … omg. I thought I was missing something. Scam…sounds like a scam people!
April 15th, 2009 at 12:53 am
And believe me, we would love to not have to run any paid ads, but unfortunately our web hosts, developer, accountant, lawyer, etc. don’t feel as though they should give us their services for free
April 15th, 2009 at 12:55 am
I’ve said clearly, many times, that the price of the credit is going to fluctuate. The economy is inflated, and we are going to start with the lowest price anyone is willing to sell for. After they’ve all been sold at that price, we will raise it, and so on until we find an equilibrium where we are spending all the money we are generating in a given day on credits.
April 15th, 2009 at 1:02 am
You paying your bills is not my problem.
April 15th, 2009 at 1:03 am
Agreed, unfortunately it is the problem of anyone who wants to use this service in the future!
April 15th, 2009 at 3:24 am
If the bills don’t get paid the bloggers can’t play?
April 15th, 2009 at 9:12 am
good info, review thanks. check out VideoEgg’s new ad unit, sounds compelling…
http://www.blogtogreat.com/2009/04/ad-network-video-egg-announces-twig-new-adframes-unit.html
April 15th, 2009 at 10:12 am
I agree with DrowseyMonkey.
I for one will continue to reject all paid ads until they have to wait in line for their exposure on our blog just like the people who are paying to advertise on our blog with credits, because they paid for their credits with their time.
I have lots of time and little cash, and a lot of small crafters are like that… so I will always give them preference. The fact that the paid ads usurp the position of the “free” ones irritates me to no end. If they all came up in the order that they were approved I wouldn’t have a problem with the system. (I’d still reject about 90% of the paid ads anyway because I don’t blog for money, don’t want scam advertisements on my blog, and don’t care for religious fanatics spouting hate and discontent either – those are the ones that keep cropping up in that paid ad spot).
Either way, I think it was a totally craptastic thing to do to a relatively decent system. As it is now, I’m almost forced to approve no ads except the ones that I’m already a reader of their blog just to keep things fair to the people who read our blog.
Meh.
April 15th, 2009 at 10:17 am
That’s the problem sharkbytes…
personally have various levels of discrimination on my various blogs because of the audiences they have. I’m not happy about some of the sexier ads and blogs, but I just don’t accept ‘em.
I’m not thrilled that this means I’ll have a lower payout status, but I understand why it has to work this way. Sort of rewards those with no taste, though.
They’re rewarding people who are willing to do whatever they want at any cost and without any thought to their readership. And that’s just a tacky and disgusting way to do business.
They want to help the economy out so badly, then they need to find a way to do it that doesn’t penalize people who give a modicum of thought to how they run their blog and not just to those who will whore their site out to anyone with cash.
April 20th, 2009 at 1:56 am
Woah 75%? That’s a lot! I thought it’d be somewhere around 20-30%.
May 29th, 2009 at 11:33 pm
[...] couple of months ago (or was it longer) Entrecard introduced the Cashout system. What this means is that you can exchange your Entrecard Credit (EC) balance for real cash (USD). [...]