Yesterday, I saw that Adgitize widget displays the message: "Adgitize is closing". I tried to click through to see what happens. In a blog post, they explain everything. Below is the announcement of Adgitize:Adgitize to Close
I regret to inform you that we are closing Adgitize. We have enjoyed working with all of you over the last three years and we hope that you have enjoyed our services. Adgitize tried to fill a niche market but the costs to run the business were more than the revenues generated. Here is what to expect over the next 30 days.
Beginning on December 27th, 2011, you will not be able to open any new accounts. We will shut down the ability to create or renew any ads. On January 1st, 2012, we will officially stop showing ads and all member publishers will NOT receive revenue for any Adgitize Ads shown. If you had an ad running with us we will refund a prorated portion of your ad price.
Prorated portion of ad price means if you have an ad running and it expires on January 15th, 2012 then we will send you a PayPal payment of 15/31st of the purchase price. If the purchase price was $14 then you will receive $6.77 USD from Adgitize. We expect to make all payments to refund advertisers fees by January 4th, 2012. If you want payment by check then you will have to wait until after the 12th of January before we send those payments out.
We will send PayPal ad refunds to the PayPal address you have on file with us. To verify that your PayPal email address is valid check the Profile section of Adgitize.
Payouts for publishers and affiliates for the month of December will run on the normal schedule and should be complete by January 10th, 2012, except for those requesting checks which won't be processed until January 12th, 2012. There is a processing fee of $5.00 per check if your preferred payment method is by check. All publishers with monies owed them who have given us a valid payment method will be paid from $0.01 USD and up.
If you have chosen the credit service within Adgitize, we will payout those earnings to your PayPal address on file with us.
We expect all services and websites to be taken out of service by January 31st, 2012. If you have not given us a proper payment method to send your earnings by that date then there will be no way to make payment to you, and you will forfeit those earnings.
To communicate with us over the next 31 days feel free to use the contact us link, the forum or the blog comment section. We will be monitoring each of those communication methods until the web site is shut down.
What you should do. Make sure you have given us a valid PayPal address or street address to send your money to. Remove all Adgitize Ad Groups from your blogs. (You will stop receiving points and revenues from them after December 31, 2011).
I am sorry this is the decision we had to make and wish you the best in blogging for the new year and beyond.
Posted by Ken Brown on Tuesday, December 27, 2011 5:53 A.M.
Adgitize is a way for publishers (bloggers) to make money, and for advertisers to buy ads on blogs with low cost. The more popular blogs will usually make more money than other blogs.
Unfortunately, they have closed now. I want to say goodbye to Adgitize. Adgitize is a great advertising platform. I like their advertising system, and Adgitize is one of my favorite advertising services. Maybe this will be an opportunity to slightly reduce the widget on my blog.
2011 probably was not my lucky year, but this year I hope that I can focus more on blogging. With the loss of service from Adgitize, I am sure that many of us are looking for alternative methods to increase traffic to our blog. Well, now is the time to look for new ad network for this blog.
Does anyone here know of other similar advertising companies like Adgitize? Let me know.
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