A critical "news flash" from PV (the same popped up at PTCShare as well)..:
Quote:IMPORTANT – we are changing how we are sending ad issues
Up to recently we have been sending out ad issues on a fixed schedule & amounts, for example (Mon->Friday, $300, $350, $400,$450, $500) – We were doing this despite of how many ads were sold & other money going towards ad issues came in, and this meant that we were sending more ad issues than we could afford, meaning this ate into our profits & funds available to keep running the business.
We always wanted to give out as much earning opportunity as possible to our users, but we're now in a situation when we can no longer afford this. In particular the several massive downtimes we had in the past 6 months, have hurt our active userbase & sales so much, that we simply can no longer afford giving out extra money to ad issues – money which is needed to pay for all monthly operating costs.
So until we manage to get back into a more healthy state with extra development funds we could potentially give out as extra ad issues, we have to cut the ad issues to a more sustainable level.
Without further ado, this is how we will be distributing ad issues going forwards:
- Starting August $1st 2022, we will no longer be sending fixed weekly amounts of ad issues, but the ad issues will be based off of previous week's contributions to “ad issue pool”. At the start of each week we will post this amount in our ad issue reports <- however we will try to as soon as possible prepare an automated & rolling report of this stat in your dashboard
-Starting 11th July, we will be reducing the total weekly ad issue by 25% -> from $2000 to $1500 total per week (Mon->Fri, 5x $300). Ads will be issued as such until 1st August, when we will switch to the above mentioned model.
Other notes:
- To accommodate for this lowering of ad issues, we will also make it less work on you to click through, so we will be sending you about only half of ads to click on, to collect your daily ad issue amount.
How can YOU help us increase ad issues again?
Most of our “non-Bulk Ads” ads contribute nearly everything after 10% ref commission to the ad issue pool. So if you help us promote our advertising options and we get more ad sales again, then our ad issues will be able to increase, and you will also rake in a 10% referral commission!
In the following months we will also be working on other area of the business to help with this, such as improving server stability and reducing server costs and exploring some new revenue generation options.
Sustainability is always our top priority so thank you for understanding this much needed change to our ad issues.
Sincerely,
PaidVerts team