A comping experiment

I'm lucky enough to have 4 weeks off work coming up (Easter hols and then having an op so 2 weeks off for that). I'm curious about how these people claim to have given up work and earn a living comping full time. So for 4 weeks I'm going to put in 35 hrs a week comping as that's how many hours I work. So that I can be sure it's from this month of comping I've set up another email, Twitter account etc. I'll only use it for those 4 weeks. I plan enter all the mag dailies, click to wins, any new comps posted on here and try and put some effort in to some of the effort ones. I'm realistic so I know I won't be giving up my day job any time soon. Just want to prove a point more than anything! I don't think my win rate will alter drastically to be honest. What do you guys reckon?
2016: mascot experience, 2 books, event tickets x2, walkers goodies, box subscription
«1

Comments

  • peachyp
    peachyp Posts: 214 Forumite
    Seventh Anniversary
    I was unemployed for 2 months a year or so ago and probably did around 6 hours a day along side any job applications that I had lined up.

    There was a slight increase in my wins but it was very onerous and I still didn't win a mag daily (never have no matter how hard I try!)

    I will be interested to see how you get on.
  • lolamia
    lolamia Posts: 1,387 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    I think that's very interesting. I am currently ill so don't work at the moment. When I started comping it as quiet slow. Since January I have had significant wins leading to what would be an average salary of say a graduate however it's something I would never rely on. Plus that has just been the worth of stock rather than winning that much in cash. You would probably find even if you sell stuff it becomes significantly lower than what it's worth. Will be interesting to see the results.
    Thanks to everyone's hard work in posting comps, and good luck to all :T An iPad A years supply of fudge A book Balance Festival tickets A set of recycled plant pots A £500 nights stay in Chelsea Thanks to everyone
  • jaibaby
    jaibaby Posts: 4,002 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm curious about how these people claim to have given up work and earn a living comping full time.

    There's a simple answer to that one - they lie.

    It is just NOT possible to earn a living, unless you sell a subscription for something free online (a certain compers magazine) or you have thousands of followers that are willing to purchase a book you've written giving tips, which (again) are free online.

    There is no guarantee that you'll win anything, let alone something worth the value of whatever minimum wage works out as.

    Just do it as a hobby and enjoy it - then, if you are lucky enough to win, you can count it as a bonus :)

    Good luck x
    Thanks to all posters :A
  • DynasticDux
    DynasticDux Posts: 3,549 Forumite
    edited 11 March 2016 at 7:14PM
    II'm curious about how these people claim to have given up work and earn a living comping full time.

    They can't, it's impossible ... unless they can live on a book & a pack of maltesers

    35 hours x £7.20 (minimum wage in a few weeks) = £252

    Bear in mind if you do happen to win £252 worth of items (and wish to live off the proceeds) then you would probably try and sell them and get around 50% of the RRP ..... so you would need to win £504 of goods every week and sell them to receive the £252 minimum wage
  • purple4mum
    purple4mum Posts: 107 Forumite
    Di coke seems to do ok though?
  • dany174
    dany174 Posts: 11 Forumite
    Tenth Anniversary
    You will at least need to start something like a blog, post all you wins on there. This seems to increase the chances of some people, especially when it comes to twitter.

    Will be interesting to hear the result after your four weeks
  • Marg2k8
    Marg2k8 Posts: 5,838 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think that will be an interesting experiment.

    Starting a blog about it is a good idea. If you do start a blog, post a link on here so we can have a look.

    What might also be interesting is if you count up how your time is divided, so that we can see how much you win from putting effort into the effort ones, such as recipes or slogans, compared with say click to wins, for say 10 hours per week.

    Good luck with your experiment and your op.
  • Scorpioangel
    Scorpioangel Posts: 3,873 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I found that my win ratio up to a couple of years ago was one prize in around 850 comps entered, last year this dropped to one in 5,000 though I entered around 2,000 less comps last year than previously. I have had nothing from over 2,000 entries this year so unless you are inordinately lucky or are entering comps which have very low numbers of entries don't hold your breath. However, if you want to increase your chances you should be doing the 'effort' comps; those which require slogans or other types of skill based entry.

    2025 Comps 2931: wins 3: value £1300
    2024 Comps 13526: wins 13: value £1475

  • BlueBella
    BlueBella Posts: 10,374 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Good luck with your experiment but if I was having four weeks off I would far rather spend my time sitting in my garden and enjoying the warmer weather, enjoying Easter celebrations with my family or doing other things. Yes, you will probably win more during those four weeks because you will be entering more and no, I don't think you can live of comping alone - so there are your results!

    So in my opinion, there is no need to really carry out an experiment when the results can be predicted so easily anyway :)
    :TA big thanks to all who post and sprinkling lucky dust to all who enter :smileyhea
  • hamsterfan1
    hamsterfan1 Posts: 8,281 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    due to ill health I can do around 30 hours a week comping & in the last 4 weeks I've won a paperback book
    proud gran to 4 lovely boys and one little girl
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.9K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.