Oh no, it's another Entrecard article! Well this has an interesting spin to it, in that you can actually profit from your "hard-earned" Entrecard credits. Basically there's been plenty of sales of the EC's done via the leading auction site online, eBay. Smart bloggers now realize that purchasing these otherwise free credits can help them establish their blog through cheaper advertising. Time is money as they say, and who really has the time to go around dropping their card off on 1,000's of blogs?
Check out some of these recently ended eBay auctions:
View the latest Entrecard auctions on eBay.
Apologies if the image makes the prices hard to read...But, as you can see you can make money off those "free" Entrecard credits you can accumulate by allowing others to advertise on you, or by dropping your card, or having others drop it on you! There's no word on how long these will be in demand on eBay, but advertising costs people, so why not buy it in the form of EC's? This way if someone buys a few thousand credits they can advertise on a blog like John Chow or Problogger for a fraction of the cost. While it's only for a day, that exposure can be pretty big for a new blog. One of the most successful days for me with Entrecard was the day I was on Problogger, as it brought many visitors, EC droppers and hopefully a few new readers!
The other interesting thing here is how prices vary. You see someone received $7.50 on a Buy it Now for 1,000 credits, while another sale of 2,000 credits went for just $6.50? Yet another auction for 2,000 credits reached $12.50? The average cost for 1,000 credits looks to be about $4.50 to $5 based on the higher auctions, but I think most people would take what they can get for a free online credit! Supply and demand is clearly still there for the EC's on eBay if you price them just right and promote the auctions well. Flipping them for extra money could help you purchase that domain name for your blog or other services....Or on the other hand if you're looking to advertise, you could find a low-cost EC auction on eBay. There doesn't appear to be any restriction on selling the credits, although EC itself appears to be forming its own online market to sell them amongst members too.
If you've sold EC's, or have bought them on eBay, or are considering either, or just want to weigh in on this moneymaking move, feel free to share your thoughts here.