No More Click-Thrus On Bit Cards after 7/1!

welovedis

Disneyland here we come!
Joined
Aug 31, 2000
Messages
3,440
Saw this on their site today:

" June 25, 2001

Advertising Industry Consolidates

Many members have enquired about the diminishing number of
"visit and earn" banners over the past few weeks.

The Internet advertising industry is going through a
consolidation for the second time. The first was the CPM (Cost
per 1,000 impressions), and its failure favored the CPC (Cost
per click), aka Pay-for-Click. Now the CPC model is falling
apart and the merchants are adopting a CPA (Cost per Action)
model, aka Pay-for-Result (Lead or Sales). Merchants are
demanding, "quality traffic" to their sites. That is the traffic
that generates sales, (not just eye-balling). In fact, one of
the leading affiliate management companies that provides the
bulk of CPC banners will be terminating CPC programs
altogether as of 7/1/01. Incentive sites will be forced to
eliminate their Pay-for-Click programs.

New Tiered System Launch

In response to this, we are instituting a tiered system that
awards bonus points for frequent shoppers. Based on a
member's total shopping amount, members become eligible for
additional points over and above their baseline points. The
more shopping, the greater the benefit. We will soon announce
this tiered system to our members. "


I wonder what this means to many of our programs in general. That sentence about "one of the leading affiliate management companies that provides the bulk of CPC banners will be terminating CPC programs altogether as of 7/1/01" is bugging me now.
 
That doesn't sound like good news for reward programs in general. Of course, I kind of saw it coming at Bitcards with the points declining each day. I was just starting to get close to be able to cash out too! :(
 
Sure doesn't sound good to me. :( :( :( I don't do a whole lot of online shopping, but when I do, it's always on a site that pays for clicking.
 


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