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Entrecard, the startup of Graham Langdon, continues to grow. It recently passed 5,000 active widget members and enjoys an Alexa rank of 1,547. The growth can be credited to continuing improvement to the system and adding tons of new features. One of the newest feature will allow members to sell their credit for cold hard cash.

The credit selling feature will be rolled out in stages. For the the first stage, Entrecard is just collecting information on how much members are willing to buy and sell credits for. To access your buy/sell settings, click on “Exchange settings” on your Entrecard dashboard. From there, you can enter the volume you have to sell or want to buy and your desired price.

entrecardprice3.png

Entrecard ask that you enter realistic amounts so that they can get a reasonable feel for the prices involved. In other words, don’t do what I show in the above screen shot. :)

This is a good move on Entrecard’s part because the inability to make money for members has been its Achilles heel. That could all change with the card exchange market. Members wishing to sell their credits for cash instead of buying advertising from other members may do so.

Entrecard continues to be a good source of traffic for new and low traffic blog. It’s pretty much the only way they can get an ad on this blog and Problogger without spending hundreds of dollars. Adding a system to allow members to sell their credits for cash should entice more sites to join the system.

I wonder how much I should sell my 10,982 credits for?

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    79 Comments »

    Comment by Jorge
    2008-03-13 16:17:59
    MyAvatars 0.2

    1 billion dolars. :twisted:

    Comment by alexander batista
    2008-03-13 21:05:21
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    just another way to make money online this is pretty cool I never really liked it entrecard becuase the traffic stinks but at least you get to see your banner on johnchow.com

    Comment by Andrew Pavelski
    2008-03-13 21:22:24
    MyAvatars 0.2

    Seeing your banner on John Chow is definitely a plus ;) Seeing your banner on other popular blogs is great too! It is usually tough to get an advertising spot because of the heavy demand for certain blogs. Most of my Entrecard traffic does have a high bounce rate, but there are things you can do to lengthen Entrecarders visit to your site. I wrote an article called “How To Trap Entrecard Droppers” that you may want to check out ;)

     
     
    Comment by Eastwood
    2008-03-13 21:18:09
    MyAvatars 0.2

    meh… I’m not a big fan. looks like another fad

     
     
    Comment by Manly King
    2008-03-13 16:27:11
    MyAvatars 0.2

    Interesting concept, this EntreCard. I always wondered how those little links got on your page John and I guess it’s my own stupidity for not noticing the big “Entrecard” graphic right next to it.

    I best be checking that link out so I can get on Johnchow.com, too :P

    Aloha from Hawaii,
    Manly King

     
    Comment by The Coolest Gifts
    2008-03-13 16:41:36
    MyAvatars 0.2

    All the more reason to be Power Dropping ;-)
    http://www.powerdropping.com

    Comment by SiteHoppers Subscribed to comments via email
    2008-03-13 18:02:35
    MyAvatars 0.2

    or Site Hoppin and get Beer Widgets while at it :wink:
    http://SiteHoppin.com

    Comment by Not John Chow
    2008-03-16 18:59:39
    MyAvatars 0.2

    I think I prefer beer to EC’s. Dropping cards is not worth my time. I calculate from eBay that an EC credit is worth 6/10ths of a penny!

     
     
    Comment by Robert
    2008-03-13 20:56:10
    MyAvatars 0.2

    I saw your site, and I think you have a great system going (power dropping on the sites with an above-the-fold-placed entrecard and a fast load time).

     
    Comment by Andrew Pavelski
    2008-03-13 21:10:51
    MyAvatars 0.2

    Definitely Walt, Power Dropping comes in handy for those who want to rack up more credits in short periods of time ;)

     
     
    Comment by Abdalla
    2008-03-13 16:44:19
    MyAvatars 0.2

    Sell it for 100 bucks :D

    Comment by Mayank Rocks
    2008-03-14 12:52:20
    MyAvatars 0.2

    haha. Thats low :mrgreen:

     
     
    Comment by The Coolest Gifts
    2008-03-13 16:54:18
    MyAvatars 0.2

    Graham’s a genius. I knew this would happen. The Entrecard is going to become the currency of the blogosphere, and he’ll be in control. I’m so jealous…

    Comment by SiteHoppers Subscribed to comments via email
    2008-03-13 18:10:47
    MyAvatars 0.2

    hey, don’t get joulous now… just get drunk like me. :wink:

    Comment by Robert
    2008-03-13 20:57:31
    MyAvatars 0.2

    I don’t think it will. I wrote a blog post on my blog about an inherent flaw in the Entrecard system. It has a flawed valuation system. It will not become any source of currency.

     
     
     
    Comment by Start Blogging
    2008-03-13 17:05:44
    MyAvatars 0.2

    I think I’m going to use Entrecard now.

     
    Comment by Jason Irons
    2008-03-13 17:07:47
    MyAvatars 0.2

    How easy is it to install the entrecard on my blog? I’m new to this and I don’t know much about HTML…

    Comment by John Chow
    2008-03-13 18:34:55
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    It’s just a copy and paste piece of code. Very easy to install.

    Comment by Ari Lestariono
    2008-03-16 00:21:10
    MyAvatars 0.2

    Yup I agree with John,only copy and paste,I have done it on previous occassion.
    Cheers

     
     
    Comment by Robert
    2008-03-13 20:58:49
    MyAvatars 0.2

    It’s real easy. Follow their instructions. If I did it, you can do it. E-mail me if you have any problems.

     
     
    Comment by MSPAINTFUN
    2008-03-13 17:16:27
    MyAvatars 0.2

    ANYBODY KNOW WHY MY OLD ENTRECARD LOGO STILL COMES UP WHEN I GET THE CODE FOR THE WIDGET EVEN WHEN I CHANGE MY LOGO???

    Comment by SiteHoppers Subscribed to comments via email
    2008-03-13 18:04:21
    MyAvatars 0.2

    I think you should post that on Entrecard Forum here for faster response: :wink:
    http://entrecard.com/forums

    Comment by Robert
    2008-03-13 21:01:45
    MyAvatars 0.2

    Yeah, Entrecard is great with user feedback. They respond very quickly.

     
     
    2008-03-13 19:11:45
    MyAvatars 0.2

    They do that to keep you from requesting an ad spot and then changing your landing page or logo. Your logo will change when all your present advertising runs out.

     
    Comment by Andrew Pavelski
    2008-03-13 21:29:40
    MyAvatars 0.2

    Yeah, I’ve had this happen too. It will take a short bit of time. Like Alan mentioned, when your advertising runs out, it will change over to the new one! You’ve just got to wait it out ;)

     
     
    Comment by Bill
    2008-03-13 17:18:54
    MyAvatars 0.2

    Graham can survey all he wants to survey but the likely fact is that Ebay will set the market price for Entrecards.

    You can buy them on there very, very cheaply.

    Comment by Andrew Pavelski
    2008-03-13 21:26:25
    MyAvatars 0.2

    Good point Bill. Even if Graham does survey, E-bay won’t change because of it ;)

     
     
    Comment by Graham Langdon
    2008-03-13 17:44:01
    MyAvatars 0.2

    Hey, John, nice post! :)

    I just wanted to mention real quick that the Entrecard blog is now written by a team of about 15 bloggers, and covers anything and everything going on in the Blogosphere. Be sure to check it out!

     
    Comment by Collin LaHay
    2008-03-13 17:53:05
    MyAvatars 0.2

    The hyperinflation has already started… opening them up as currency is going to inflate them even more.

    Comment by SiteHoppers Subscribed to comments via email
    2008-03-13 18:05:37
    MyAvatars 0.2

    What if Graham sets a market price? Well, I am not an economic expert, anyone an expert on that area?

     
    Comment by Robert
    2008-03-13 21:06:48
    MyAvatars 0.2

    They’re already inflated as it is. I wrote a post about this. Look at the blogs under the category “Make Money Online.” They’re valued at over 700 EC credits!! John’s blog is around 200. Granted, he doesn’t do reciprocal drops. Yet, still, Entrecard has so system for communicating the traffic for each blog and, thus, cannot tell you which blogs are worth the advert price.

     
     
    Comment by CFOtoGo
    2008-03-13 17:58:01
    MyAvatars 0.2

    I have been using Entrecard on my blog for about a month now. It has been great for traffic. I don’t think I will sell my credits though, I like being able to buy advertising on many different blogs. And I am ready to buy when I can catch a spot open on your blog!

    Comment by Robert
    2008-03-13 21:08:04
    MyAvatars 0.2

    I just bought one on John’s blog. I got lucky, I have to say. You have to check every day, every hour on the hour. Yeah. I have no life.

     
     
    Comment by Melo
    2008-03-13 18:01:43
    MyAvatars 0.2

    The exchange feature will surely make the process of trading credits much easier but I do agree that it is currently much cheaper at eBay. :)

     
    Comment by Paul
    2008-03-13 18:30:29
    MyAvatars 0.2

    We’ll have to see what the prices are like. There has to be a demand for them before they are worth any real value.
    Entrecard is probably one of the best, if not the best, method for new and low traffic blogs to get traffic and some recognition. It is also a great place to find new blogs to subscribe to.

    Comment by Robert
    2008-03-13 21:10:01
    MyAvatars 0.2

    I have to agree that it IS a great place for new blogs to get recognized. I got a lot of traffic there when I started out. Nevertheless, the quality of the traffic isn’t very good. People don’t come to your blog to read your content or comment. They come to your blog merely to drop their Entrecards and leave. Not very promising.

     
     
    Comment by Entrepreneur
    2008-03-13 18:40:40
    MyAvatars 0.2

    John, thanks for the 10,000 EC you’re not sure what to do with :lol:
    CONGRATULATIONS to EC!

    Comment by Robert
    2008-03-13 21:11:44
    MyAvatars 0.2

    I think John should hold some sort of contest to give those 10,000 EC credits away.

     
     
    Comment by Bobby Rio
    2008-03-13 18:58:01
    MyAvatars 0.2

    I’ve been buying entrecards from individual sellers for a couple months now… i love the site and find it brings me new unexpected readers.

     
    Comment by TripTheLady
    2008-03-13 19:07:00
    MyAvatars 0.2

    While the cash for credits feature is nice, I have to add that Entrecard has brought me visitors, readers and I now have an Alexa rating below 81k! For a blog started 12/29/2007 that ain’t bad. The best thing I have found is all the new blogs - I have become a blog addict in the past two months. I read more than blogs each day and it all started here with John Chow and his Entrecard widget. I was looking for ways to “make money online” and Google sent me here. The rest is history!

    Comment by Andrew Pavelski
    2008-03-13 21:08:53
    MyAvatars 0.2

    Sounds great Trip. Entrecard has definitely been a great way to find interesting blogs and help people find your interesting blog! Though some of the traffic can have a fairly high bounce rate, it’s a great widget to have.

     
     
    2008-03-13 19:13:11
    MyAvatars 0.2

    I’ve purchased 5,000 credits on eBay for $26, so John, I’ll give you $52 for your almost 11,000 credits.

    Comment by Robert
    2008-03-13 21:13:38
    MyAvatars 0.2

    $50 for 10,000 EC credits?? That’s it????

     
     
    Comment by Lightening
    2008-03-13 19:23:28
    MyAvatars 0.2

    I think it’s really sad that some people are hyper focused on money.

    I LOVE the entrecard community and the way it’s introduced me to some wonderful blogs and bloggers.

    If adding a $$ feature helps it grow - well, so be it. I guess a diverse system allows it to appeal to the greatest range of people.

    But I don’t think anything in life really needs to be ONLY about money. If it is, there must be some very empty people out there. :sad:

    Comment by Robert
    2008-03-13 21:15:05
    MyAvatars 0.2

    Money is what allows us to be free. It’s not money we’re focused on. It’s what money allows us to do…..live our lives.

     
     
    Comment by Shane
    2008-03-13 19:24:11
    MyAvatars 0.2

    Gotta love Entrecard! I’m not too interested in buying and selling credits. I’m in it for everything else - the blog networking has been great, and so has the traffic. 250-350 visitors per day with decent time on site.

    Comment by Andrew Pavelski
    2008-03-13 21:42:32
    MyAvatars 0.2

    I’ve heard people claim that Entrecard works great for their site. I have had some success, but it has definitely been limited because I haven’t really been utilizing it’s full potential lately. Great to hear another story about Entrecard working well and bringing in 250 - 350 visitors per day with decent time! Great ;)

     
     
    Comment by Judi
    2008-03-13 19:24:18
    MyAvatars 0.2

    I’ve enjoyed entrecard as a network and a community - no interest in selling my credits, but eventually may buy some. :) Love being able to advertise and all the new blogs I’ve found has been awesome!

     
    Comment by Acadia
    2008-03-13 19:25:42
    MyAvatars 0.2

    Entrecard is easy. I am evidence of this, as I am a total moron.

     
    Comment by gadis
    2008-03-13 19:54:17
    MyAvatars 0.2

    thanks for you information. I will try with my blog

     
    Comment by Deimos Tel`Arin
    2008-03-13 20:23:05
    MyAvatars 0.2

    10,982 EntreCredits, rounded up to the nearest thousand would be like say 11,000 EntreCredits.

    For myself, I would really like to sell them at a rate of USD 10.00 for 1,000 EntreCredits hence for 11,000 EntreCredits, I would try to sell them at USD 110.00.

    However, many folks have been selling 1,000 EntreCredits for only a meager sum of USD 5.00 so I guess 11,000 EntreCredits can be only sold for like say USD 55.00.

    Not a very lucrative means of generating main stream of income via EntreCard, but it is a nice little side income nonetheless.

    The real benefit of using EntreCard is not only the potential cold hard cash value, or the amount of traffic it is able to deliver, but the chance to sincerely network with other Bloggers.

    Dropping 300 EntreCards daily via PowerDropping methods might be useful to gain some fast EntreCredits, but it would not benefit one in the long run at all.

    Network sincerely with other like minded EntreCarders, if one have yet to do so. It is definitely worth the effort and time spent.

     
    Comment by Mike White Subscribed to comments via email
    2008-03-13 20:39:30
    MyAvatars 0.2

    Entrecard is excellent and I know it will get better and offer more things in the future. I’ve been around quite a while and love it. It’s brought about new readers and a lot of new friends. It’s a much more involved community than other blogging communities claim to be. If you do try it, make sure to say hi in the forums. We like that. ;)

     
    Comment by Lee Doyle
    2008-03-13 20:44:09
    MyAvatars 0.2

    Entrecard has given so much life to blogging the past few months. It has made it fun and given me many new blogs to read.

    <3 Entrecard <3 :oops:

     
    Comment by kent
    2008-03-13 21:04:58