Discussions
Saying Goodbye to Entrecard and all the credits
Posted by ritubpant • 1/20/08 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: entrecard
After seeing the fall of BlogRush, at first Entrecard seem to be a good option. but after analyzing for a month or so I have noticed quite a bit of traffic through entrecard but the bounce rate from EC visitors is about 85-90%.
So I have decided to get rid of the entrecard widget and have no interest in it at all. Currently I have 756 credits and I am giving it all away to one commentator. Here is the link if anybody is interested in getting these credits:
worknplay.net/goodbye-entrecard-and-756-credits/
If interested please read the post on what you need to comment on to be eligible to win the credits.
If you have been using entrecard please share how effective it has been in terms of quality traffic!
User Comments
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Funny, I quit today too! Widgets are off and trying to figure out how to delete my account. It isn't worth my time to visit and click on other entrecards.
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globalgirl,
For various reasons, some resonating with yours, I actually opted out of Entrecard sometime back & wrote to Graham to remove my blogs but a well-intentioned e-mail from him changed my mind.
And my decision to carry on has reaped dividends. With the keywords being socializing and networking(and I hardly chain-drop), I have acquired new readers and reinforced old friendships, esp those from Blog Catalog who are also in Entrecard. A case in point will be the recent tie-up between you and me.
While it is very true that the majority are chain-droppers, interested in only generating credits and driving up the value of ads on their blogs, Entrecard can be very effective for new blogs and do have the potential to be a great tool for acquiring readers.
Just like any other traffic generating sites, including BC, there will always be those who are short-sighted, chain-dropping for short-term benefits and losing track of the larger goal - socializing, networking and making new acquaintances.
I guess it is really up to the individual but it's really sad to see you go, esp after I've decided to carry on. -
Thanks, MyDen. I'll drop you a line later. I do think it works for people, I simply don't have the time to spend dropping into other sites all the time. It's a great service, and I don't mean to influence others either way. Naturally, some will remain and be ecstatic devotees of this service. It simply is not right for me, especially given the time required to promote (and MyDen, you know why as well).
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I just started on my PetLvr blog, and currently playing it through to see what benefits it could be.
Honestly though, my first impression just from dropping cards everywhere, is that the traffic can't be too sticky .. I spent an hour the other day dropping cards and then clicking the ad and following the links and probably stayed at each site less than 5 seconds. Mind you, there were a few sites that got my attention and I did scan down the page and even read a few posts.-
I found it to be a time waster, dropping off cards. Initially, I'd be trying to drop off as much as possible, but then I felt enslaved to it. I was not reading the blogs where I was dropping and realized that others were probably doing the same = drop, leave, drop, leave. So I ended it. Time is a precious commodity.
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You got that right! I barely have any time for anything these days. Since that hour long time the other day, I have just been dropping cards on sites if they have the widget. When I reach enough points I just spent the advertising on the blog that I landed on .. simple choice for me... I just did it again, and now back to square 1 with 2 points.
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I had just added EC in my blog and still figuring out how to increase my traffic. I don't see any change at all.
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PetLvr, you just signed up, it's to early quit. Of course the traffic is not too sticky. That's like a company saying unless all 20 million TV viewers who watched our ad on TV last night go out and buy our product today we will not advertise on TV again. I am very happy with EC. Yes there is a lot of traffic just dropping their cards, but my stats are simple: Traffic has tripled, bounce rate and page views per visit have stayed the same, hence my sticky traffic has also tripled. I drop much less than I'm dropped on. In the end I consider it rude to just drop by literally speaking, so I stopped doing that. However I do drop by my regular advertisers and I am very very very selective as to who I let advertise on my widget. You can say that I am trying to attract or build a relationship with certain advertisers. I want readers, not traffic.
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Do you really read the blogs when you drop your card? I admit, I wasn't! Simply, no time and no interest. I was only interested in getting points and I burnt out of this one pretty quickly.
To each their own. I'd rather get traffic from visitors who are REALLY interested in my content than "name droppers". Just my opinion.
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A recent post on their blog says they are looking for an economist. The idea of a blog currency/economy is really cool. It would especially be interesting to see a currency like entrecards spread into usage on other social networks such as BlogCatalog where you could earn blog bucks or whatever the currency is called on various networks and then spend the bucks on advertising and products.
The challenge Entrecard has is inflation. They have made it to easy to get points and the value of a point currently is practically worthless.-
I would say rather that the value of a credit is tenuous, or maybe even chaotic. Different people value them differently.
There are two things in play that should help with this.
First one half of all credits are destroyed at the time that an ad spot is purchased. This, while it does not fully address the inflationary nature of the system does moderate it to a noticeable degree. (Imagine if all credits created thus far were still "in circulation".
Second is the store. People are selling things that do have a commonly accepted or "fixed" price in dollars. However they are not all exchanging credits at the same exchange rate reflected by their pricing. As more people become sellers, and more items are offered for sale, the value of a credit should stabilize to some extent, though more will have to be done to address the inflationary nature of the system.
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It's early for them and I'm guessing they may not be ready to think about joint ventures. The stronger they can make their economy the more leverage they will have. Having a point system seems like it could be something valuable to add to BlogCatalog so that each time you visited and did things on BlogCatalog you earn points that could then be exchanged for blogging products and ads
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I don't see why you couldn't, it could spread to buying templates from Aldii or advertising on blogs for credits. It is a natural step for blogging for it to have a standard currency. While some may think its an odd idea, I personally think it would help blogging and get more places noticed. It could also help interaction within blogging communities that are not as well known as others.
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It is true, they could start an entrecredit bank.
But the openings a blogging credit would open are enormous. How many can't buy stuff through not having the money or their country won't accept paypal. I would open a store selling stuff for credits like that. I have even been thinking about turning one of my sites into a 'nothing but entrecredits auction' -
May be a good thing to do though one concern is that the main item most entrecard members want to buy is advertising so a store may not sell that many things. Though there does seem to be a healthy biosphere of services developing around Entrecard such that it could support a marketplace. However Entrecard has a store and they are planning to expand it.
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Although most of the traffic is drive by/chain droppers I've picked up quite a few new people who are taking the time to read my blog from there. I'm basing that on the fact that I used to get about 6 - 8 people to comment on posts and now it's 15 - 20 since I joined last week. More importantly I've found about a dozen worthwhile blogs for me to visit as well. I'm dropping about 40-50 cards a day myself and that's mostly on blogs that I notice having the widget on my daily visits. You don't have to take time to visit blogs, you can just let credits accumulate by letting others drop on you. If you only pick up an extra one or two (actual) readers a day you did gain something. That's how I'm looking at it anyway.
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True...after going through a frenzy I-need-to-make-100-drops-per-day-to-collect-credits first few days I now just sit back and relax and let the drops come in and shed a few drops myself whenever I visit a blog on BC. Actually I do get more comments from my "recent viewers" on BC after I visited their blogs than from EC visitors.
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Jungl what is the motivation to accept ads on your site through Entrecard? Is it to increase the number of points you have so that you can advertise on other sites?
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Personally I think Entrecard is a good service. Yes I acknowledge the fact that most of the traffic is chain droppers trying to rack up some credits, so much so I have embraced them with the widget floating in the header.
That said though a number are now active and return participants on my blog.
I would like to see the service widened and a blog economy created. Like crkian I reckon it will benefit the participating bloggers in a number of ways. I though would like to see the participating sites retain their individual identities as all fill a different need. -
I will use Entrecard forever, I don't care if people that visit my blog want just to drop their ec card. It's still traffic coming to my blog and I have more chance to increase my alexa rank with them. You have to see the positive and negative thing about Entrecard. Don't do the same mistake that johncow did
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I haven't put much of anything into it, so I haven't gotten a lot back out of it, but I have found some interesting blogs and picked up a few readers. I don't have much useful to add on that front; it's the bounce rate point that I wanted to respond to. Blogs are very different from other websites when it comes to bounce rates--if a reader is visiting your blog daily, it makes perfect sense that the bounce rate would be high...they've already read what's deeper in the site! Of course it's different for new visitors, and depending upon what kind of stats you're using the length of a visit may or may not factor in to the bounce rate (and may the cut-off may be different). But the bottom line is that a regular visitor to your blog who has only one new post to read on each visit may very well show up "bouncing" on every single visit. I think it's a far less relevant statistic for a blog than for a static site.
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I dropped like crazy when I first got it, but now all I have to do is sit back, because other people are dropping like crazy, and my credits are going up without doing anyhing, granted they don't comment much, but a few goldies do.
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Any traffic is good traffic for most of us. Let's get realistic. If you pick up ONE subscriber from 10000 EC drops then it's worth having. It costs you nothing, it's unobtrusive.
I often take note of the blogs that I see while "dropping" and honestly I have found some gems that I return to often. The percentage isn't high...because well...many of the blogs just plain suck but that isn't my fault.
I think if an A-list blogger decided to drop his drawers and jump off the Brooklyn bridge as a publicity stunt, inevitably half of the blogosphere would try to do the same thing.
Drop your Entrecard.....go ahead....nobody really cares. -
I've never used it on my established blogs as I realized right away what it was. I am keeping it on my newer blog. I read most of the blogs solely to see if I want to advertise there, despite the fact that i don't go there that often and some of the blogs there take eons to load.
I have found a couple of good art, book and writing blogs via it but it is heavily blogs about money making and blogging none of which interest me or those who read my blogs.
I read most of the blogs to see if I want to advertise there.
I think it also more about dropping cards at blogs and establishing relationships with like minded people or similar blogs, as opposed to random and frantic card dropping.
I don't believe that any traffic is good traffic, in the end you want traffic which is more likely to return. -
over in the blog straight talk group there is a discussion on the real value of the traffic from all those chain droppers. some bloggers depending on their goals and where they are at with their goals can derive Great benefit from all those visitors. Other bloggers may find this traffic just isn't valuable to them and obviously there is no one right answer for everyone. And if you decide to go, please leave me your credits. I certainly see real value in them.
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Wow! I got up this morning and the discussion has really picked up :-).
Anyways, I think the when Entrecard was first launched, the idea was genius and Graham learned a lot from the failure of Blogrush. The main thing with EC now is like most of you guys say: there are chain droppers. Most of the blogs are giving away 10,000 EC credit every couple weeks, that to me is amazing. To earn that many credits you would have to be sitting infront of the computer just dropping cards for hours each day.
The whole idea of e-business card is brilliant but like Sitepro said, there has to be a way to manage the system so it is not abused. I find the idea cool but the implementation is poor. There needs to be a better way to manage this.
Although EC doesn't really convert much in terms of quality visitors, it does increase your numbers in terms of traffic and daily visits and such. So it might be helpful to keep using them as well. As for me, I think I am done with it. Thanks for sharing your views guys!-
You are engaging in a bit of hyperbole there Ritu.
"Most" blogs have probably yet to see 10,000 credits across their entire history.
Any single account is limited to 300 credits that can be earned in a single day through dropping their own card.
The relatively small fraction of blogs holding contests with that many credits do not do so with anything like a weekly frequency. Thos that do (or could) are those that are selling things in the shop and/or reveiving a LOT of drops from other members on their widgets.
I have two blogs in the system right now and both are seeing very good results in terms of **actions** which is the primary thing I try to measure, and I rarely drop more than 10-40 cards in a day for either account.
Inflation IS a problem, and it WILL have to be addressed, but the first step to correction is an ACCURATE assessment.
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I took every widget off my blogs weeks ago.
The best way of getting traffic and noticed is just keep posting.
What will happen I think over time is people may link to you because they love your site.
I had one person link to one of my blogs I don't even know. They had a music blog also. I guess they liked it enough.
Then people who go on their site may like my site and then link to mine also.
So it is like a snowball effect. But it takes a long time to get it going. You also need a very good site. -
SiteProPlus said "Is it true on Entrecard that when you place an ad the blog receives 25% and Entrecard 75%?"
Actually, no. The publisher receives 50% and Entrecard destroys the remaining 50% to help defray the inflation.-
Definitely need to address inflation. It seems too easy to earn credits. A passive recipient of a card probably shouldn't receive a credit unless they engage in some sort of act. I think we will launch a credit system on BlogCatalog where members earn credits for participating on the site, visiting blogs in the network, etc. though points will be redeemable for cash. This will create a currency with real value that can then be used to pay for advertising and other blogger services. I think Entrecard has a great concept though they have created a runaway economy that will be difficult to reign in since their credit policies are way too loose.
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Yeah, it's a little wild wild west, but it's a new concept and the first sites out like that always are. Probably part of what makes it fun for many.
I think that the store is going to help, and simply having more members in the system will help too. Ultimately they will probably have to alter the ratios, but I think it's too early for them to do that, because the ratios are part of what's driving the explosive growth. -
The rations do seem to be driving the explosive growth however it's going to make it difficult to control. I think starting with a point system that has a true valuation. eg. 200 points per $1. Providing a way for members to earn credits may be a slower process though it will have a stronger foundation. The use of a virtual currency isn't new. SecondLife has it. I think the way to do it is create a stable economy first and then release products such ad drops.
I'm excited to release a point system on BlogCatalog. From the start points will be exchangeable for $. So when you visit BlogCatalog and member blogs you will start earning units which can either be converted into cash or used to by advertising on BlogCatalog. -
It will be very interesting to see how you implement this. I was a moderator on Netpond for quite a while and they used points incentive system that was directly tied to cash, including allowing members to sell items for points to each other through a storefront interface.
It had it's pros and it's cons. One thing I'd say is you're going to need some moderators before you launch it, because it does, unfortunately attract a certain element, if you know what I mean.
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there are pros and cons in almost everything. but we need to look into the bright side. as for my case the traffic do coming in and I do not have to drop that a lot. just concentrate on my blog and then visit at least 10 sites on EC a day and comments at least 50% of your visited site. the drop will surely comes and some links. I quite happy but will gauge the progress and update later...says 2 months time.
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Inflation is simply the creation of currency at a faster rate than the creation of assets. In the real world that means the government turns on the printing presses and runs off ten billion when the economy has really only increased asset values by 6 or 8 billion.
Right now points are being created faster than assets that can be purchased with them. So, inflation. -
Monetary value has nothing to do with inflation in this respect. EC's though are virtual money, thus it is a virtual economy and thus subject to the same economic pressures of a real economy.
In addition to the supply and demand principle the required credits to advertise on the top 3 blogs in most categories are further inflated by Entrecarders that just drop on the top 3 of each category. Whilst that is a simple approarch all it does is artificially inflate the prices of their advertising. Thus the rich get richer and the poor get nothing.
I liken it to giving financial aid to the UK or USA rather than a third world country such as Bangladesh. It gives them more credits for doing nothing and they truly do not need them. It is an insane practice, and that is coming from a blogger that is always in the top 3 of my category.
I drop on the top 3 only if they drop on me. I do not drop on the top 3 just because they are the top 3 for the above reasoning.
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A bounce rate is a measurement of the percentage of visitors that leave you blog without actually reading it.
While this seems like a hard and fast thing to measure, different places determine it, and measure for it differently. As Tiffany pointed out above a low bounce rate could actually signify a lack of loyal readership.
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Bounce rate is a way to measure the percentage of how many visitors click into your blog, stay a few seconds and then click right back out.
A high bounce rate means they don't like what they see, OR in the case of Entrecard users, they are just dropping a card and leaving.
SitePro...yeah I know...but it boils down to this...it's free. -
hi ritubpant,
I think you are stopping to blog or what??
else why being so pessimistic.. just because you get filthy offers don't mean, you are not always getting quality readers..
put quality contents, you'll get quality visitors..
and I'm glad that I've made couple of good friends through entrecard and it's nice.. I mean, click-drop-leave,click-drop-leave is not always happening, some people do take time to read
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"and I'm glad that I've made couple of good friends through entrecard and it's nice.."
And THAT, my friends is the thing most of the analysts are missing cold on Entrecard. This is something new IF you take the time to look at it the right way.
Alan actually first turned me on to this fact, but what Entrecard is, is SOCIAL Advertising.
Very insightful, bittertruth. -
bittertruth - Exactly right as with everything blogging if you post quality content you will turn a percentage of the EC community into quality readers. Post crap, or another entertainment blog that covers anything that is splashed on a tabloid or entertainment tonight, you will get bypassed pretty darn quickly.
Dane - On contemplation Alan is correct it is social advertising.
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@shadownight above-- you explained very clearly why I have worked so hard to stay in the top three of my category. Being on the front page of Campaigns DOES bring traffic.
@tony-- answer your IM's buddy...want to talk more about the moderating thing
@Dane & shadownkhight-- thanks. Bookmarking this thread as proof I was right at least Once
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Because I've been bored the last hour or so I went and tied all my comments to my site meter and tried to see how many comments I received from people using entrecard over my last 7 posts. (Basically since I joined.)
It looks like I've received a total of 41 comments (give or take a couple) from people there. All 41 comments are from people who have never commented before.
I kind of wonder if the people who aren't happy with their results are chain droppers themselves. While I don't comment on all blogs when I drop a card I do on sites that interest me for the most part. My guess is I'm commenting on at least a third of the blogs I visit though.
The other thing I've noticed is that most of the comments on my blog are from people listed in the humor, personal, or lifestyle categories. Very few (if any) come from the money making sites. Perhaps that's where the bad rap is coming from? (Just a thought.) -
ProBlogger is giving away 5,000 points.
How much is one point worth?
www.problogger.net/archives/2008/01/21/win-a-share-in-4000-entrecard-credit...
Has EntreCard released how many credits are in their economy?-
Incidentally, We'll (Alan and I at Chain Drop)be having a contest this week with over 5,000 credits being given away. Probably a lot more. I'll announce the contest tomorrow, and the prize levels, BUT since I have items in the store that people seem to like buying, and since this contest is being funded by those sales, the purse will continue to grow throughout the contest as I sell more items.
And, I'd like to mention that I'm selling SERVICES in the sales which means I'm WORKING to earn the credits, so you can bet your Sweet Aunt Betty that these credits have value!
Of Course, that means you'll have to actually do something to win them. No, not a link. No not a comment. You haven't seen an Entrecard contest like this before.
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Well, here comes an unintended slam but if the originator of this thread puts as much energy into Entrecard as they have into Cre8buzz than I'm not surprised he's whining about the system. You can't just simply join something, sit back, and expect results. Definite lack of credibility upon his part.
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Entrecard is brilliant and creative. I have total admiration for the team at Entrecard. It isn't easy to create something new and have it resonate with so many people so quickly. What they are doing is fascinating and as Dane says they are the first one's to do this. From what I've heard, there is little reason not to belong to Entrecard if you are looking for more traffic as well as more social networking opportunities.
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I knew you would see how cool this is instead of mistaking it for competition. And it is Just like BC in that you get back what you put in. If all you do is put up a crappy listing and the only time you ever participate on the boards is when you ask for something, you won't get much out of BC. And if you just put up the widget and don't make the effort to meet and get involved with other bloggers, EC won't do much for you either. But why join a social network if you don't actually want to get sociable with other people?
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I realized ten seconds after I wrote it that this reply Should be a blog post.
So it is
chaindrop.com/you-get-out-what-you-put-in-28/
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I noticed your Matt Nutts logo rotating through our free spot last time I as there. One of the benefits of being a ChainDrop.com member.
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I just joined this. Have yet to use. Does it take up a lot of your time?
I will have to spend some time getting to know how this Entrecard works.
If it is too time consuming I will have to drop it too. I've got enough irons in the fire as it is, sure don't need more.-
As has been said, you get out what you put in. So if you put in a lot you get a lot in return, however if you put in a little you will receive some benefit. If you are seriously constrained on time, then put in what you think is a fair effort and do not compromise your content.
Content is still the king to gaining a regular readership after all and Entrecard is a means to get more first time visitors only, it is not an instant regular readership.
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Why don't you try to know the droppers who always drop to your site ?It builds up the rapport such as exchange ideas and link,besides that you can advertise at 125*125 ads by using credits if they agree.Actually,it reduces bounce rate.Chain droppers drop and bounce because they do not who are you,thats why they don't even stay 1 sec to read your post.
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