Tuesday, October 7, 2008

Quality of Entrecard Traffic

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All traffic from Entrecard is human.  A large percentage of it is targeted in the sense that you can browse blogs that you are interested in, search for topics that may interest you, and choose not to visit those that are not up to your standards.

With these main aspects in place, the traffic from Entrecard is quite good, especially on this blog.  This blog is a mini-experiment to determine just how successful you can be using Entrecard.  Since April, I only used Entrecard to promote this blog, writing tips and covering news about the system.

To date, I've received more than 10,000 visitors, averaging 61 visitors per day, now averaging over 100-150/day - all from Entrecard (search engines is approximately 1.42%; direct traffic is 28.47%).  In these numbers, it is ranked within the top 150,000 blogs worldwide  and under 50,000 in the United States (in approx. 5 months time) - a figure that many bloggers can't attain after more than a year of blogging.

For those of you who think Entrecard traffic isn't that great - a huge boost in your blog's ranking alone can help advertisers decide whether your blog is the right place to advertise on, even if you aren't making the conversion rates that "normal" traffic would bring.   Myself, I would rather build a community with recurring visitors than quick traffic that never returns and brings in sales simply because your site is the first one that they happen to visit.  A community is more likely to stick together and support you than using any similar method, which won't contribute to your wants.

Now, when you take a look at the bounce rate (93.13%), it is obvious that people aren't interested in visiting multiple pages, but this can hold true for nearly all sites on the Internet, especially sites like blogs, with new content featured on the homepage (without displaying excerpts of content).  From this perspective, the traffic isn't that good, but had this blog not been promoted at all, through no other method could you attain levels this high in a relatively short period of time (with less than 50 posts to date).

People in the Entrecard network want to share their thoughts with one another, unlike the people you "pay" to visit your blog through AdWords.  Unlike AdWords, Entrecard is and can be completely free to use.  You never have to pay a cent to receive traffic, often targeted, with people who have spending power.  The traffic may not be as great as you want it to be — but that means that you aren't putting the time required into the system to see the return that it is promising you.

Think of it this way: You want to harness 1,000 new visitors to your blog.  However, you have a very limited budget, and you are only blogging on Blogger with a blog in the 'personal' category.  You are extremely limited as to how to do advertising, but Entrecard is the best way to promote your blog for the least amount of cash - who is able to pass by the opportunity for free advertising?  Within a month, it isn't that difficult to assess the savings by using Entrecard vs. PPC or CPM advertising methods.  It may take more time, but the long-term results are definitely more than running a short-term (monthly) ad on another site.

I don't know how most people feel about this, but advertising on other sites for free (minus time) using credits vs. $10+ each blog - there is an enormous savings there.

The 'Competing' Sites
I don't want to directly criticize MyBlogLog and BlogCatalog, but their services haven't accomplished what they were meant to do, despite "similar"goals to Entrecard.  Despite being members of these services, I cannot say the traffic is on par with that of Entrecard, and neither is the community backing or discussion - which are both kept on their sites rather than brought back to your site.

The core aspects of network sites: traffic and a strong backing.  Without these, the service can't grow unless it receives funding from another source.  While I don't know who backs BlogCatalog, I am sure they receive funding through advertisers/sponsors and some sort of developer program.  MyBlogLog is largely funded by Yahoo!, providing new features and support for the service.

Entrecard's traffic first started to display on Compete in October of 2007, versus pre-August for the other services.  If Entercard continues to grow at its current rate (between 60-110,000 new visitors each month), it will outpace MyBlogLog within the next month or two.  In total U.S. visits, it is only 40,000 away from becoming the leading network.  Unlike the other services, with growth at only slight increases month-over-month, Entrecard is seeing growth at between 6-35% or higher.

- Pages/Visit: 15 vs. 5.5 (MyBlogLog) and 5.3 (BlogCatalog)
- Attention: Up 21.7% over the past month, overall: 35.4% (only site in this category, total time spent on site as a percentage of the total time spent online by all U.S. Internet users.
- Unique Visitors: 1,063,725; up 6.1% (Entrecard) vs. 1,178,966 (MyBlogLog) and 680,192 (BlogCatalog)
- Rank: 1,480 in United States, growth of ~100 each month.
- Attention (Monthly): 8.3% vs. 0.0% and -26.5% by other services.
- Average Stay: 03:05 vs 02:45 (MyBlogLog) and 04:00 (BlogCatalog)

Simply from this raw data, you can see why you want to align yourself with the traffic and community around Entrecard rather than the others services - if the referring site doesn't have the traffic, there won't be any to "distribute" with your site.

Other Reasons Why Entrecard Traffic is the Best
  • People who visit your site directly through search engines are less likely to know about 'social networking' websites like Facebook, MySpace, and other tools, such as StumbleUpon and Digg than people using Entrecard.  After all, the owner and members of Entrecard heavily promote alternative methods of spreading word about your blog and have provided different ways to do this, including tips to integrate the Yahoo! Buzz/Digg button, SezWho for commenting, and more.
  • As a result of the first reason, I have had a high rate of people from Entrecard who have liked my content, thus deciding to StumbleUpon my posts.  Alone, this is one of the best values of Entrecard.  While the traffic isn't directly from Entrecard, it means that the members have "connected" with me, and sent thousands upon thousands of new, referred members to my site, for which I would not have received without the support of its members.
  • There is a "community" behind Entrecard.  Unlike other systems, Graham has made it easy to connect with others.  Although some have called it another "directory" or "traffic exchange widget", it is more than this.  People that have joined Entrecard are dedicated in their pursuit to create a blog that is better than others', but are also willing to help other bloggers achieve their goals, by subscribing, commenting, rating, or joining other blog's discussions.  These people will visit your blog each and every day, subscribe to your blog, and spread word about it, writing and linking to it on their blog.
There are many success stories with Entrecard, and no other system has yet to receive the same level that Entrecard has.

It is encouraged that you share your ideas on this topic.  What levels of

You can read more follow-up on the blog post.

Wednesday, October 1, 2008

Top Droppers in September

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This is a post to thank those of you who faithfully "dropped" on this site over the past month.  While this post won't be as in-depth as last month, I'll post links to the members that should be rewarded.

Quick Stats: Visits were up 6.13%, Pageviews were up 3%, Pages/Visit were down, Bounce Rate and Time on Site were also negative.  However, New Visits were up nearly 2%, so depending on ow you look at it, September saw an increase in many aspects of traffic levels.

You can also find the list by viewing the feed.
Dropper
# of drops
Smart Bloggerz 31
Realm of Prosperity 29
PaulsHealthBlog.com 28
What About Blog 27
FOOTBALL: Just Love The Game 27
Enfotainer - Enfotain Your Mind 27
My Tramping View 26
Entertain Me 26
Beethoven Midi 24
Earn Blogger 24

Entrecard Cleaning up Contests

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In an effort to make contests more "standard" and less through sites that are simply hosting them in hopes of generating a large number of backlinks, a volunteer job at Entrecard as contest correspondent can now be had.

Requirements: You must be an active member of the community, have good organizational skills, want to help Entrecard a better place to take contests to the next level, and never have sold credits before.

By doing this, there will be added legitimacy behind the Entrecard contests, as they will be "moderated," so to speak.  The transfer fees will be waived if you go through Entrecard, and links throughout the site will be placed to help you promote it.

Tuesday, September 30, 2008

Entrecard Teams up with OIO Publisher

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OIO Publisher, a plugin that allows bloggers and website owners to sell ads on their site with little or no cost (normally $47, but $30 with coupon "entrecard") has now partnered with Entrecard, to allow users of the system to purchase advertisements, reviews, text links, inline ads, RSS inserted ads, monthly 125x125 ads, and more.
Entrecard and OIO Publisher Join Forces

You can find the post here or the direct purchase link (not ours!) here.

The new version, 2.0, allows more bloggers, using either Blogger or WordPress (must have a hosting account) to use the tool.  It does much more than simply help you sell ads - you are able to track the number of clicks, click through rate, number of clicks, impressions, plus other features.

In the near future (within 2 days), you will be able to browse their Marketplace to find sites that are using the tool and Entrecard.

What this means for bloggers:
  • You will be able to purchase advertising on other blogs.
  • You will be able to earn Entrecards through both the Entrecard system, selling ads through the widget.
  • It will be easier to earn Entrecards and cash through the system, as $1 is roughly equal to 166 credits.
  • Advertisers are more likely to continue advertising on your site, with the reports that they are given.
  • It is easier to manage ads with the plugin.
  • Google doesn't (as far as most people know) penalize sites selling links, banners, etc. through OIO, as tracking links are used instead.
Other Details:
- Entrecard makes a small commission on each sale, so this helps support the rollout of new Entrecard features.
- 12.5% of the Entrecards you spend go back to Entrecard to maintain inflation, sell back to members, etc.  As far as I know, no fees beyond what PayPal takes will go to Entrecard.

My Thoughts:
This is a great addition to Entrecard, although many people will need to implement it before you can use it to its full advantage.  However, I believe that purchasing ads on blogs through the Entrecard widget will become less of value, until the new marketplace/credit trade-in system is put in place.  For example, if a blog costs 512 credits/day to advertise on with the Entrecard widget, but only 166/day with OIO Publisher/private ad sales, wouldn't you want to go with OIO Publisher?

There have been quite a number of people commenting on the price of the plugin.  In a sense, it is high for someone who doesn't have much money they may never see again, but on the other hand, the price is the same as a 3-year domain, or 3 months of website hosting, not an extremely high price.  Set the price at ~2,500 for a month, and you'll (theoretically) make the fee back within two sales.

Secondly, another issue that I see is with the decrease in prices and high availability of credits for sale - over 300,000 on the "Buy Credits" page - wouldn't this create higher inflation - something that everyone wanted to prevent before?

You can check out the full details of the money-saving offer or go directly to the OIO Publisher website (Entrecard affiliate link).

Note: Spend a few moments to vote on the Entrecard blog about the recent changes in the sidebar - length before a blog is removed with no updates, daily number of drops, etc.

Monday, September 29, 2008

Major Changes at Entrecard

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In this blog post, there were a number of changes addressed, which should be shared with others who use the system.

Quote:
In order to continue operating in the long-term, Entrecard needs to make some significant changes. The changes are summarized below:
  • Buy credits for less: Entrecard is now selling 1,000 credits for $6.00.
  • More pricing increments: Instead of prices doubling every time, there are now a few more steps. The new price points can be found on the Advertising page in the wiki.
  • Members are not allowed to sell credits: This goes for ebay sales, posts in the Marketing forum, and posts on other forums. If you have references on your site to the sale of credits, please remove them immediately, as it is now against our terms.
  • Credit transfer limits: Members are allowed to make a maximum of 14 credit transfers a week, up to a maximum of 1,000 credits, whichever comes first. This means you can still run contests where you give credits away for free, and under 1k per week. Note: This does not affect linked blogs, you can transfer unlimited credits between linked blogs.
  • Transfer tax: From now on, all transfers, including transfers made with our new payments API, will be taxed at a rate of 12.5%. The taxed credits will be sold to members (see #1).
  • Blogs cannot be unlinked: Once you link a blog, it’s there for good unless you ask us to delete the blog from your account. This prevents linking/unlinking to get around the credit transfer limits, and it also stops you losing access to a blog if you unlink it in error, which happens a lot.
  • No more coupons: You are no longer allowed to send coupons.
  • Shop closed: Except for Entrecard upgrades (Featured Status, Fast Pass) the Entrecard Shop is now offline until further notice. Please do not request a seller token until the shop returns. When it comes back, it will be bigger and better. We’ll communicate more details nearer the time.
We really do believe that an economy with plenty of 3rd parties involved is a stronger economy overall, unfortunately just right now we’re unable to support that given the need to keep everything running. We hope that, by taking the steps we have, we will be able to reach a good balance between maximizing the overall benefits for our users and getting the revenue we need to pay the bills and expand the service.

Hopefully, in the future, we’ll be in a stronger position with a more diverse income and we’ll be able to reintroduce independent credit sales.

We appreciate all the feedback we’ve had over the past few days on this topic, please let us know what you think by leaving a comment.



My Thoughts
Many of these steps were in the right direction.  There will be a sharp decline in the people who simply went to the system to make a quick buck, trying to sell the credits through third party methods, like eBay.  Eventually, a new system will be put into place (likely including the 12% tax), allowing bloggers to sell their credits to other members.

As stated in the enormous list of comments, privacy should be added when linking blogs, as it is the main reason I have not linked my blogs together.  Until this happens, I have to manage multiple accounts.

A manual review process of new members, in which blogs that have been "approved" will not have to go through the review process, and their blogs will be automatically added - similar to other sites and advertising programs.

On Entrecard (Advertising) Prices: The new intervals will likely help, but a combination of true daily page views and visits should be factored in, or at least displayed, to help (encourage) members to advertise on other blogs.  Currently, the prices are based primarily on the number of clicks and popularity (ultimately pricing) of the site.

The main goal of these changes, in my opinion, is to find the balance between profit and quality - in multiple ways.  First of all, if the price of credits is dropped, say to 200, it will prevent credit farmers from using the system, once again, from reaping a profit, but at the same time, it will limit the number of blogs you can visit to earn credits.  In the end, it will create more return visits (readers) for blogs, rather than "quick droppers," while ensuring that there are never too many "artificially" created credits.

Once these measures are put into place, the price of credits will slowly rise, to the point they once were headed — allowing the team behind Entrecard to grow, with more features, support, and financial backing (without the need of VCs).

Finally, sites that do not have a lot of content, or content that is created with little purpose, should be warned when they infringe on the terms of the site, then deleted if no response is given within a period of time, such as a month.  This allows bloggers that may not have updated their blog in three months to "reactivate" their account, while presenting warning, through email and on the site, that they need to do something or their site/account will be banned/deleted.  However, this will likely be one of the hardest decisions, as some bloggers neglect their blog for four months only to begin posting again later.

Weigh in with your thoughts in the comments section below, sharing what you think of the new changes, as well as what should be done.

Or, you can view the full blog post and comments on the Official Entrecard Blog .