Increasing Prize Amounts for Designers!
October 16, 2008
We’ve been thinking long and hard about how we can drive prize amounts up over time for the benefit of all designers. Obviously there needs to be a tangible reason for contest holders to spend more money on prizes, and it needs to be something that they can easily understand. Enter our idea…
The idea we’ve come up with is to provide more visibility for the higher priced contests. More visibility will result in more entries and therefore more choice for the contest holder. That’s something that they will not only understand, they will pay more for.
The way we plan to achieve that is to re-order the category page lists (e.g. logo design, webpage design, etc.) by highest prize first through to lowest prize last rather than newest contest through to oldest. In a nut shell, now the more a contest holder offers as a prize the longer their contest will appear in the spot light.
We’ve gone ahead and implemented this change across all category pages. Designers who don’t wish to view the list of contests ordered this way can simply re-order the list by clicking the column headings.
The main contest page which lists all contests across all cateories will still be ordered as is it is now, newest listing at the top though to oldest. The reason we didn’t change that page is because it would give an unfair advantage to contests for webpages which are higher priced than logos.
At the same time, we’ve also increased the prize minimums slightly. Let’s see how this plays out, we’ll be watching the stats closely, and hoping it makes you all more money!