The Blog Of Oussama Messaoud - Ways to make money online -

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January 12th, I started this experiment to try and figure out how much would a blogger pay for EntreCard credits. During 20 days, I invited visitors of this blog to vote and now is the time for results :

- Duration of the poll : 20 Days
- Number of voters : 14 (A bit disappointing but a good number anyways, that allows for some results)

Votes Break Down :

- 43% (6) would pay … nothing for 1000 ec
- 36% (5) would pay something to get 1000 ec :
* 1 would pay $20
* 1 would pay $15
* 1 would pay $5
* 1 would pay $3
* 1 would pay $1
- 21% (3) have no clue or gave another answer

Some Analysis :

So!! It seems that most people would pay nothing to get the 1000 ec. I hear them saying “I’d rather drop like crazy and keep my cash”. Which is fair enoughI guess. If you think about it, some EntreCarders drop 300 cards per day, so it will only take them 3 days to get the 1000 ec.

Others would pay for their time, but the value given is quite different from one to another. At least we know that there are people there who are ready to pay 20 bucks for the 1000 ec. But if you would consider selling 1000 EC credits, you better keep your price $5 or lower.

This said, I would argue that the best price for people who would spend money for those credits would be $3 per 1000 ec, which is $.003/credit.

I will, nevertheless try another way to calculate this : the average of all suggested prices, that’s (20+15+5+3+1+0+0+0+0+0+0) / 11 = 44 / 11 = $4 for 1000 ec = $.004/credit

Synthesis :

Although, based on this experiment, 43% of people wouldn’t pay a dime for EC credits, we could consider that those who would pay, are ready to spend between $.003 and $.004 for 1 ec.

What do you think of these results and how would you analyse them? I would really like to hear from you so drop your comments and shout your opinion.