After Tomorrow No More Rebills
- Thread starter marketingfirst
- Start date
O rly you see media costs go down and payouts go down? O rllllllllll? Payouts go down ehh?
Sorry to be a stickler, but this isn't an example of the tragedy of the commons because there is no commons in the scenario.
This is an example of a market addressing bad business practices without government intervention.
As Mike said, the model was no longer profitable for one bank, so they pulled out. Responding to consumer demand. Market success.
This will prompt more vendors, networks and affiliates to raise their games.
The industry as a whole gets healthier and more above board.
thanks for clearing up a lot of the misinformation.
seems to me, and i could be wrong so don't shoot me or flame me guys.... but one of the reasons why these ppl were hiding terms, continuity, upsells + not canceling is because thats seems to be the only way to make it work from a product owners point.
i think most ppl here are affiliates? (i could be wrong)
you get paid on the trial, we the product owners could easily pay out a TON of cash and end up with nothing. network gets paid, affiliate gets paid.
and with crappy supplements, and scam google products that don't work, ppl aren't going to stay around for long....
seems to me, and i could be wrong so don't shoot me or flame me guys.... but one of the reasons why these ppl were hiding terms, continuity, upsells + not canceling is because thats seems to be the only way to make it work from a product owners point.
i think most ppl here are affiliates? (i could be wrong)
you get paid on the trial, we the product owners could easily pay out a TON of cash and end up with nothing. network gets paid, affiliate gets paid.
and with crappy supplements, and scam google products that don't work, ppl aren't going to stay around for long....
The model works at some point, the $40-$50 payouts for pubs just raises the bids on sites like google and adsonar. So what happens is advertisers are forced to push the envelope to compete, if the ecosystem allows it, the weak advertisers are able to command market from the stronger players by bending the rules (i.e. hiding terms adding upsells, etc..) If you disclose the terms and tell consumers what its about, the long term value will be better for advertisers, the CPA's will be lower for pubs but the ecosystem will balance itself out.
The problem is in its quest for market share the market allowed the wrong players in the space, those who couldnt handle the customer service calls or those who didnt even care to tell the consumer the terms. There are quality advertisers who answer their phones, and sell a quality product, with the leveling of the playing field these advertisers can once again be the leaders in the space and prove that this market isnt full of people just looking to scam people out of their money
As someone whose in the shit right now, a lot of companies use Meritus as a processor, who uses Wells Fargo as the acquiring bank. It's not something you can see by going to a LP -- but a word of caution to affiliates - you want to make sure you ask your networks or the advertisers you're working with directly to triple check the offers you're running are backed by multiple processors at DIFFERENT banks, otherwise you may not get paid if the advertiser doesn't.