There is a new passive income site that I came across for the first time this morning called Compounding-Dividends. I actually found this blog by reading a recent post written by Online Dividends. The post by Online Dividends included information about a contest that Compounding-Dividends is currently holding. The purpose of the contest is to build traffic and back links to the bloggers site by having fellow bloggers link and comment on the site.
These are the competition rules taken directly from Compounding-Dividends contest post –
1 comment = 1 point
Referencing my website in a post on your Blog with a link = 5 points
Posting a single post on your blog solely about my competition with a link = 10 points
Spamming will not be tolerated and will be deleted. Commenting is highly encouraged so unless it is blatant spam or a +1 or something along those lines it will be a valid comment. Talking back and forth with each other is acceptable, talking to yourself is not.
Prizes – 1st place – $200 USD
2nd Place – $25 USD
3rd Place – $15 USD
4th Place – $10 USD
5th Place – $1.37 USD
Competition will end 00:00:01 10 Oct 2008 Iraq time +3 GMT
I will be participating in this contest and more importantly I am interested in how this concept works. Over the next several weeks, I will be interested to learn if holding these types of events will increase organic traffic and help to build links. I am really focused on increasing my readership and am looking for new ideas. If you have any interest in this competition, I suggest you check out the site!
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