webmastersroom - now 8 cents per post | Claire's Random Thoughts

webmastersroom - now 8 cents per post

I signed up with webmastersroom a few days ago, because I decided that I needed a more active webmasters forum to ask my stupid questions. Their main incentive that got me to join was the 2 cents per post or 5 cents per new thread that they paid us for posting. Previously, I have also tried some other forums, but I think that this one is one of the bigger ones with an alexa ranking of about 38,000.

As if getting all my questions answered within a couple hours wasn’t enough, they raised the pay to 8 cents per post/new thread! That’s definitely the highest paying forum that I’ve seen on the internet. If I just post normally, I could make about a dollar per day doing what I would do for free on other forums anyway. It’s safe to say that I’ve found a new site to waste time on.

It’s interesting how the small incentives seem to be the ones that motivate us most. I’m not motivated to study for tests, which leads to higher grades, which leads to a better chance of being admitted to a selective college, but I’m always interested in spending hours to make a quick buck.

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This entry was posted on Saturday, January 20th, 2007 at 10:44 pm and is filed under Websites. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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4 comments

SpanishDeafmute:

Well, I’ll tell you the truth, the amount by which your chances of selective college admission increase per grade point is so low, that you’re probably truly better off posting on this 8 cent per thread forum if money is your only concern.

Think like this: Given a particular career path, your starting salary may be, say, $3000 higher with a prestigious degree compared to a state one. The chance of getting into one of those places may be around 10%, which might go up to say 11% or 12% if you changed all those B’s to A’s, this is a 2% difference * 3000 * maybe the first 10 years of your career or so (it evens out in the end, maybe even in less than 10 years), this means about $600 total payoff from studying for higher grades. (And you pay the opportunity cost of sacrificing that time you could have spent on the Internet.)

At just $1/day posting on that forum, you’ll make that $600 within 2 years.

So, I wouldn’t worry about your grades if I were you…the overall difference is small for almost any career you might choose. Your chances are below the 40% threshhold either way, so why not have some fun webposting instead of forcing yourself to do something you find boring for a very improbable and small expected payoff in return?

January 24th, 2007 at 10:09 pm

Claire:

No, if I just wanted money, it would be better to work at a job. By posting on the forum, the most I can get is about $3 per day which takes over an hour. The pay by time is horrible if you think about it (and I’m already neglecting the paypal fee). I’m just posting a little more than normal, because there’s a little bit of an incentive.
Given a business career path, the starting salary from a prestigious degree from a well-chosen college can be well over double the starting salary of a degree from a state school. There are people from UPenn who make over $200,000 annually at a starting job.

January 25th, 2007 at 5:32 pm

SpanishDeafmute:

Hmm, ok this is a bit late isn’t it.

But that’s if you get an MBA from Penn over a state school. (There are intermediate tiers, too, and the doubling figure probably depends a lot on what specific occupation as well.) For undergraduates, though, even if you get into Penn for your bachelor’s you still aren’t guaranteed admission to the graduate program, right? And even if you make $200,000 annually at the start, higher tax brackets reduce you to less than 2x the original, and school loan payments take some of the rest, so the difference is less than initially apparent.

And there are SOME people who make that much…not everyone from Wharton makes $200,000 per year. What if you’re not one of the lucky ones?

February 4th, 2007 at 5:40 pm

Claire:

No matter how you count it, getting paid a few cents per post doesn’t work if you just want money. Besides, it’s 2 cents per post again. It was just 8 cents for a period of time as a promotion. Even a minimum wage job is too much better, even if they were offering 8 cents. The amount you make from that forum is basically negligible.

February 5th, 2007 at 12:29 am