How creating quiz can get you an Ipad ?
No it is not !
If you look at Skill-Guru quiz , you would notice that one of the unique features Skill-Guru offers is creating paid quiz. What this means is that you can create a paid quiz and sell through Skill-Guru. For each sale you get to collect 80% of the net worth.
How much will that turn out to be ?
Let us do some simple math.
Suppose you create a quiz of 50 questions. There is an option to make few questions free and rest of them paid.
The quiz has 50 questions with 5 free and 45 paid questions.
Let us keep the price of quiz for $1.99. Users who take the quiz get only to see 5 questions and would pay for the balance 45.
Let us look at the price point. What can $1.99 get you ? Not even a cup of latte at Starbucks ! Users would be willing to pay $1.99 for the test if your stuff is original and good enough.
Now let us say 100 users take the test every month. Out of that 40 decided to purchase it.
80% x 1.99 x 40 = $63.68
So on an average , you would get around $64 per month from sale of tests. If your quiz continue to sell at same pace, you collect $764 each year. This is good enough to get you a new iPad (in US only)
Some real numbers on sale of Quiz
As of April 2012, there are 4469 and 2098 test takers for these tests respectively.
From last year till 1 Jan 2011 to April 15, 2012, ikoko has earned total of $1101.66
Below are screen shots from our paypal account
Numbers speak for themselves.
Is’nt this good enough to get you an Ipad ?
It is very simple to get started with creating quiz at skill-Guru. No monthly fees. No Set up fees.