Amazon is planning to make dramatic cuts to commission rates for its affiliate marketing program, which allows media organizations, e-commerce companies, and small and independent businesses to receive a cut of revenue from a sale if a customer lands on the product page and purchases the item through a provided link.
Source https://www.theverge.com/platform/amp/2020/4/14/21221326/amazon-affiliate-marketing-links-commerce-commission-cuts
Source https://www.theverge.com/platform/amp/2020/4/14/21221326/amazon-affiliate-marketing-links-commerce-commission-cuts
Oh, 100TB less crap uploaded to youtube each day and no more a hundred useless reviews for each item?
Also the death of blogs and reviews website that just read the specs of the product?
No more pushing crappy products just to earn a few cents on sales?
Clapping for Amazon on this one.
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Quoted by CNBC, one person — who runs some Facebook groups dedicated to sharing online deals — says they “cannot afford” the cuts and that the changes will “hurt a lot of people.”
Oh, this one is news for me!
How can you not afford to share deals?
So Purse is not dead, but will be changing? And if it's Roger Ver, is Purse going to piss us off the way Bitpay seems to? Problem is, we'll still end up using it, the way I'm forced to use Bitpay because it's the only option for food delivery where I am!
The service was going to close because it wasn't profitable for them anymore, probably they were losing money big time.
Roger Ver can do only two things, burn money to keep it running like it is in order to gain promotion for his other ventures or find a way to drastically reduce costs, nothing dramatically will change, if their way of earning is flawed you simply won't be making money out of it.