LoudMo March 1st Affiliate Payments
Posted by LoudMo on March 16th, 2011
Dear LoudMo Affiliates,
Those of you who have worked with LoudMo for some time know that LoudMo provides on-time payments on the 1st of every month.
As of today (March 15th), we have not yet issued payments for the March payment period. This is the first time in LoudMo’s history that a delay has occurred in processing a payment period.
LoudMo pays you for earnings you generate promoting third party advertisers. We even pay you when those advertisers do not compensate us, as is currently the case.
Sweet IM and two other advertisers have not compensated LoudMo for the past three months. To avoid inconveniencing our affiliates, we have been covering these payments. We value all of our affiliates, and will continue to cover all payments regardless of when or if our advertisers compensate us.
We were led to believe that the CEO of Sweet IM, Nadav Goshen, was going to compensate us for the work you have done promoting Sweet IM in time for the March payment period. Mr. Goshen stalled the payment at the last minute citing high uninstall rates. We have demonstrated to Mr. Goshen repeatedly that the traffic our affiliates are sending is quality traffic.
After a thorough investigation of the traffic our affiliates have sent to Sweet IM, we have determined that poor product quality and a complete misunderstanding of how to monetize a software program is to blame for the high uninstall rates, not poor traffic quality.
We strongly recommend that all affiliates avoid Sweet IM and any other products endorsed by Nadav Goshen and his account manager Ariel Shimoni.
Over the past two weeks, we have been working around the clock to establish alternative payment arrangements for this payment period. We are excited to announce that all affiliates will be paid for the March payment period this week.
We sincerely apologize for the delay in processing your payments this month.
Because these advertisers are no longer in our system, this payment delay will not affect any new earnings you generate in the current pay period. The payment period on the 1st of April will be paid out on schedule as usual.
We have made a number of changes to our payment system and our relationship with our advertisers to ensure such a delay never occurs in the future.
In the coming weeks and months, you can expect many new revenue generating tools from LoudMo. Our goal is to help you earn more money from your websites, blogs, and online marketing efforts.
Tags: Ariel Shimoni, Nadav Goshen, sweet IM, SWEETIM