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Are you welling to Continue Participating in SponsoredReviews after Increase of Transaction Rate

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If you are using SponsoredReviews service, then maybe you will not be happy with the new change in the transaction rate of their paid reviews system, the transaction rate has been increased by 15% from 35% to 50%, which means you share is not 65% of the review payment, it’s now (50% versus 50%). SponsoredReviews claimed that this increase in the transaction rate is to allow them to expand the functionality of their software as well as grow marketing and sales efforts in order to increase the number of opportunities available to bloggers.

For Bloggers

The increase will take effect on January 13th, 2010. This increase will not affect previously made bids, your previous bids will continue to pay 65%.

This is a notice I received by email from SponsoredReviews through their newsletter, they are asking all bloggers members (If necessary) to make any required adjustments to your blog prices and new bids in order to compensate for the increased transaction fees.

For Advertisers

From the other side SponsoredReviews advertisers is given a 20% discount as encouragement to make bulk purchases, the plan is to have a large effect on the number of paying opportunities available to all bloggers.

So.. after you heard this news, what do you think of this change in transaction rate?

Are you welling to continue participating in SponsoredReviews system?

About

I create websites with WordPress, and I develop Schema Plugins to help SEOs. I am a social network lover. I am also the night creature who works hard to keep this project up. Owner and founder of the Famous Blog.

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{ 24 Responses }

  1. Michael Aulia says:
    I registered a couple of years ago but never done any sponsored reviews from them yet. I'm in love with SocialSpark .-= Michael Aulia @CravingTech.com´s last blog ..Is 24 GB memory enough for you? =-.
    • Hesham says:
      SocialPark was kind of confusing to me in the beginning , I think I should go back to it!
  2. Dennis Edell says:
    Never used them or any service, I much prefer to sell my own. ;) .-= Dennis Edell´s last blog ..7 DAYS ONLY - ProBloggers-31 Days To Build A Better Blog- + 3 Awesome Bonuses! =-.
  3. Jan Husdal says:
    I will definitely consider parting with SponsoredReviews.com after this. Since I run a professional with a Google PR5 and an Alexa rank of 104K, my standard rate is $50 (I've never written a paid post for anything less), and while I can accept a 65/35 split, 50/50 is just too much. Soon I will have to increase my rate to $100 to make any money on this. I'm not sure how this will increase the number of opportunities available. Recently there has been a huge increase in $5 opportunities, but who wants to blog for some lousy $2.50? On the other hand, good and well-paid opportunities are in steady decline, albeit that could be the recession setting in...but isn't that the time when you really need advertising? .-= Jan Husdal´s last blog ..Resilience Lessons from the Haiti Earthquake =-.
    • Hesham says:
      I think you can with a PR5 blog get from $50 up to $100 opportunities some times! my blog that I am talking about is PR2 now, and I have just received 2 opportunities of $50 means I will get paid $25 for each which is acceptable for a PR2 blog. mmm.. by the way I think you should try inlinks, they are great. Good luck.
  4. Pubudu Kodikara says:
    I have never used this service... must give it a try, thanks for the info bro! .-= Pubudu Kodikara´s last blog ..The Great Ubuntu Tweak 0.5.0 is Finally Ready =-.
    • Hesham says:
      You need at leas PR of 1 for your blog to be accepted, I suggest you work hard on your blog to get a at least PR of 3 and you will rock on the money world!
      • Pubudu Kodikara says:
        Ah! Currently i have no PR because i moved to a new Domain! Its still fresh! :D .-= Pubudu Kodikara´s last blog ..Another Great Contest for Bloggers from Famousbloggers.net =-.
  5. Ms. Freeman says:
    I use SR and no I not happy with the 50-50 split, and I can hardly wait until I am at a point where I can sell my own reviews and keep all of the money! :) .-= Ms. Freeman´s last blog ..A Plea On Behalf of Haiti =-.
    • Hesham says:
      mmmm it seem that those people want us to pay for their software development :) why they didn't just ask straight?! maybe they will get some donations :)
  6. Deepika says:
    Hi Hesham, You have shared a Nice information. I have not tried sponsor reviews yet. But my friend using this. I will inform about this article and share this with my friends.... Thanks for sharing it. .-= Deepika´s last blog ..How To Lead Stress-Free Blogging Life =-.
    • Hesham says:
      You can try it, you will not lose anything, I sometimes write for $35 dollars with a pr of 3 blog, but I do this on one blog only, not here of course :)
  7. lawmacs says:
    Fifty fifty if it is fair or not my opinion is that it is up to the bloggers that are using the service to decide on that but to improve thier software is that the real reasons or is it that they are been buckled by the credit crunch .-= lawmacs´s last blog ..TRAFFICKE WEBSITE SOLUTIONS =-.
    • Hesham says:
      Well, it's fair if they will increase the price or reviews, and not fair to write 200 words up to 300 for $5 !
  8. John Paul Aguiar says:
    Changes due to new FTC guidelines? But I will say that it annoys me that a service will come out at a low price, then build a following.. then once they are set, they change the service to a lesser quality and charge more. .-= John Paul Aguiar´s last blog ..How I Built My Twitter Marketing Monster From 1 to 36,000 =-.
    • Hesham says:
      Exactly, but no one asked for opinions, they just pronounce it! I am not accepting the law prices, I prefer to blog for my blog and readers!
      • John Paul Aguiar says:
        I Agree..Blogging for your blog and for your readers is exactly what we "bloggers" should be doing. .-= John Paul Aguiar´s last blog ..How I Built My Twitter Marketing Monster From 1 to 36,000 =-.
  9. Dana says:
    I also received this news in my email and just delete it because i am already not using sponsored review service for long time. Btw, i think 50% fair enough as long as they can deliver more job. .-= Dana @ Blogging Update´s last blog ..Email Creation by Using WebHosting Cpanel =-.
    • Hesham says:
      Thanks for your opinion! I think it's fair as well, but I just don't go for the cheap reviews, and they still have this $5 thing!
  10. Dragan Mestrovic says:
    Should a solution be cheap or should it solve an issue? I think the results should be focused then the effort steps in the background.
  11. ZXT says:
    I don't have an account with SponsoredReviews but now I've read about it in your article I might give it a shot. Not sure if their rates is okay for us bloggers because I never tried any sponsored reviews yet. .-= ZXT´s last blog ..Shopping Galore =-.
    • Hesham says:
      Well! if you try it then plz comeback and share your experience with us!