Friday 31 July 2009

Entrecard - Profiteering and Expensive Ads

Entrecard - Profiteering and Expensive Ads

Kamila is back on the subject of Entrecard again after receiving an email telling her that EC credits are on sale from Entrecard. Here are the details:

10000 Entrecard Credits - USD$56.00 (get another 5,000 credits bonus!)
25000 Entrecard Credits - USD$125.00 (get another 12,000 credits bonus!)
So, for 1000 credits the cheapest you can buy these at until 1st August (tomorrow) is $3.38. This rises to $5 - $5.60 per 1000 as the now the normal price. Now Kamila isn’t being funny, but the previous $1 per 1000 EC that were being cashed in seems a drop in the ocean compared to what the going rate it now. She can’t see many people taking up this at these rates and to be quite honest advertising on Entrecard was always a pretty expensive business anyway even on $1 per 1000 EC credits.

Kamila can see why the EC credits for cash has been stopped as this would undermine the profits made by Entrecard. Again Kamila like many other bloggers aren’t too bother about that, but buying EC credits at the rate they are asking for is nothing short of robbery. Whether she thinks that because she has lived on a shoestring in Bulgaria too long may have affected her thinking.

Supply and demand rules in any business and Kamila thinks that this ‘offer’ won’t go do too well with EC members who just see it a profiteering. It will balance out though, and if no EC credits are bought they will have rethink.

Entrecard - Profiteering and Expensive AdsKamila thinks that the bottom line is Entrecard is a business and that business was bought to make money and no other reason. So why should we all be surprised with how things are developing here.

One last point Kamila must make is that it the wonderful Entrecard blogger members that make it worth staying in the community and that's why she is still here.

"Have a 1000 weekend, sorry a grand weekend!" Kamila says
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3 comments: on "Entrecard - Profiteering and Expensive Ads"

cornyman said...

Hi Martin,

if i hadn't made the post for my contest... i would have written about the exact same topic...

Too expensive credits even with their bonus on TOP. I drop this offer :-)

It's amazing some days ago as they announced a new buzz about buying ECs there have been just around 50.000 ECs available.
Yesterday there have been over 300.000 ECs available.

Is the difference the ECs which they bought in the previous days for 1$, i wonder.

Daisy said...

Happy weekend to you, too, Kamila!

Nessa said...

Hi Kamila!

Thanks for the credits. Glad to be in your list of Top EC droppers for July :)